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of <h1>SEBI Regulations 2018: Administrator Appointment Required After Defaulter's Property Attachment for Investor Management and Refunds.</h1> The Securities and Exchange Board of India (SEBI) Regulations, 2018, stipulate that following the attachment of a defaulter's properties by the Recovery Officer, SEBI is required to appoint an Administrator. This appointment is conducted according to the specific procedures outlined in the regulations, ensuring proper management and potential refunding to investors.
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