Board review of adjudication empowers enhancement of penalties after inquiry and hearing, subject to time limitations. The Board may call for and examine the record of any proceedings, and if it considers an adjudicating officer's order erroneous and not in the interests of the securities market, after such inquiry as it deems necessary and after giving the person an opportunity of being heard, may pass an order enhancing the quantum of penalty if circumstances justify. This power is subject to a time limitation measured from the adjudicating officer's order or disposal of any appeal, whichever is earlier.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Board review of adjudication empowers enhancement of penalties after inquiry and hearing, subject to time limitations.
The Board may call for and examine the record of any proceedings, and if it considers an adjudicating officer's order erroneous and not in the interests of the securities market, after such inquiry as it deems necessary and after giving the person an opportunity of being heard, may pass an order enhancing the quantum of penalty if circumstances justify. This power is subject to a time limitation measured from the adjudicating officer's order or disposal of any appeal, whichever is earlier.
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