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of <h1>Regulation 34 of SEBI 2018 Regulations Repeals 2014 Rules, Ensures Continuity for Pending Proceedings and Committees Recognized</h1> Regulation 34 of the Securities and Exchange Board of India (Settlement Proceedings) Regulations, 2018 repeals the 2014 regulations concerning settlement of administrative and civil proceedings. However, it maintains continuity by deeming all notices, applications, orders, and committee actions under the 2014 regulations as compliant with the 2018 regulations. The Internal Committee(s) and High Powered Advisory Committee are also recognized under the new regulations. For proceedings pending at the commencement of this chapter, the Board may issue settlement notices under specified chapters, applying the procedures accordingly. A Settlement Notice under regulation 18 remains valid despite the omission of Chapter VIII.
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