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        SEBI

        Regulation 32 - Liability for action in case of default

        Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014
        Chapter VIII
        PROCEDURE FOR ACTION IN CASE OF DEFAULT

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        Liability for default: InvIT parties face regulatory actions, including enforcement under intermediaries regulations and related measures. An InvIT, its parties or any person involved in its activities who contravenes the Act, these Regulations, or instruments issued thereunder shall be liable for one or more specified actions, including measures available under the Securities and Exchange Board of India (Intermediaries) Regulations, 2008, thereby enabling intermediary focused enforcement against non compliance.
                        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.

                              Liability for default: InvIT parties face regulatory actions, including enforcement under intermediaries regulations and related measures.

                              An InvIT, its parties or any person involved in its activities who contravenes the Act, these Regulations, or instruments issued thereunder shall be liable for one or more specified actions, including measures available under the Securities and Exchange Board of India (Intermediaries) Regulations, 2008, thereby enabling intermediary focused enforcement against non compliance.


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