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of <h1>Regulation 29 permits common orders for similar cases, enhancing consistency in regulatory actions. 'Competent authority' now replaces 'designated member.'</h1> Regulation 29 of the Securities and Exchange Board of India (Intermediaries) Regulations, 2008, allows the competent authority to issue a common order for multiple parties when the subject matter is substantially similar. This provision facilitates streamlined decision-making in cases involving similar issues or defaults among various noticees, ensuring consistency and efficiency in regulatory enforcement actions. The term 'competent authority' replaced 'designated member' following a notification in 2022.
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