Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Regulation 16 outlines settlement procedures for pending proceedings, requiring proposals to be submitted for tribunal or court orders.</h1> Regulation 16 of the Securities and Exchange Board of India (Settlement of Administrative and Civil Proceedings) Regulations, 2014, addresses the settlement of proceedings pending before a Tribunal or court. It stipulates that, unless otherwise specified, the settlement provisions apply to applications for settling any proceeding in these forums. Any proposal for settlement, including its terms or any rejection, must be submitted to the respective Tribunal or court for appropriate orders.