CONSTITUTION, PROCEDURES AND POWERS OF COMMITTEES AND PANEL OF WHOLE TIME MEMBERSecurities and Exchange Board of India (Settlement of Administrative and CIVIL Proceedings) Regulations, 2026
CONSTITUTION, PROCEDURES AND POWERS OF COMMITTEES AND PANEL OF WHOLE TIME MEMBERSecurities and Exchange Board of India (Settlement of Administrative and CIVIL Proceedings) Regulations, 2026
Settlement order revocation follows breach, deficient disclosure, or violated undertakings, after a hearing, with payments non-refundable. Revocation of a settlement order may occur where an applicant breaches any settlement term, fails to make full and true disclosure, or violates ... Summary
Settlement order revocation follows breach, deficient disclosure, or violated undertakings, after a hearing, with payments non-refundable.
Revocation of a settlement order may occur where an applicant breaches any settlement term, fails to make full and true disclosure, or violates undertakings or waivers. The Board may restore or initiate the proceeding for which settlement was granted. Prior hearing before the Board is mandatory before revocation. Upon revocation, amounts paid under the settlement framework are not refundable.
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