Right to be heard in appeals: appellant may be heard, absence permits ex parte disposal but allows restoration on sufficient cause. The appellant must be heard on the fixed or adjourned hearing date; the Central Government may then hear the Board and the appellant may reply. If the ... Summary
Referred In :
Securities And Exchange Board of India (Appeal To Central Government) Rules, 1993
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Right to be heard in appeals: appellant may be heard, absence permits ex parte disposal but allows restoration on sufficient cause.
The appellant must be heard on the fixed or adjourned hearing date; the Central Government may then hear the Board and the appellant may reply. If the appellant does not appear, the Central Government may dispose of the appeal on merits, but may set aside any ex parte disposal and restore the appeal if the appellant later shows sufficient cause for non appearance.
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