Settlement of administrative and civil proceedings: Board may accept proposals to settle securities law defaults subject to regulation. Section 23JA creates a settlement procedure permitting persons facing proceedings under sections 12A or 23-I to apply to the Board, which may accept settlements by imposing payment or other terms determined under SEBI Act regulations; the Board's specified procedure applies and no appeal lies under section 23L against orders under this section.
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.
Settlement of administrative and civil proceedings: Board may accept proposals to settle securities law defaults subject to regulation.
Section 23JA creates a settlement procedure permitting persons facing proceedings under sections 12A or 23-I to apply to the Board, which may accept settlements by imposing payment or other terms determined under SEBI Act regulations; the Board's specified procedure applies and no appeal lies under section 23L against orders under this section.
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