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of <h1>Regulation 2: Key Definitions in SEBI Settlement Regulations 2014 Explained, Including 'Act,' 'Board,' and 'Tribunal.'</h1> Regulation 2 of the Securities and Exchange Board of India (Settlement of Administrative and Civil Proceedings) Regulations, 2014, provides definitions for terms used in the regulations. Key definitions include 'Act,' referring to the Securities and Exchange Board of India Act, 1992; 'alleged default,' indicating probable non-compliance with securities laws; 'Board,' meaning the Securities and Exchange Board of India; and 'panel of whole time members,' denoting a group of Whole Time Members of the Board. The regulation also defines 'securities laws,' 'specified proceedings,' 'specified,' and 'Tribunal,' the latter being the Securities Appellate Tribunal. Unspecified terms retain meanings from related acts and regulations.
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