Regulatory scope: appointment of administrators and investor refund procedures under SEBI regulations govern enforcement and recovery. These regulations apply to enforcement measures following Board-directed disgorgement or refund orders, including appointment of an Administrator to effect refunds, sale of properties attached by the Recovery Officer, collection and verification of investor claim documents, refunding monies to investors, recovery of disgorgement amounts, and ancillary acts; they exclude situations where a tribunal or court has appointed an administrator, and apply mutatis mutandis to proceedings under the Securities Contracts (Regulation) Act and the Depositories Act.