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        SEBI

        Regulation 29 - Power to remove difficulties

        Securities and Exchange Board of India (Issue and Listing of Municipal Debt Securities) Regulations, 2015
        Chapter VIII
        MISCELLANEOUS

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        Power to remove difficulties: Board may issue regulatory directions but must afford hearing and record reasons. The Board has a discretionary power to remove difficulties in interpreting or applying these regulations by issuing directions through guidance notes or circulars; when a direction is issued in a specific case, the Board must afford affected persons a reasonable opportunity of being heard and record reasons for the direction.
                      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.

                            Power to remove difficulties: Board may issue regulatory directions but must afford hearing and record reasons.

                            The Board has a discretionary power to remove difficulties in interpreting or applying these regulations by issuing directions through guidance notes or circulars; when a direction is issued in a specific case, the Board must afford affected persons a reasonable opportunity of being heard and record reasons for the direction.


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