Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>SEBI can issue directions under Regulation 35 to protect markets and investors, with a chance for parties to be heard.</h1> Regulation 35 of the Securities and Exchange Board of India (Intermediaries) Regulations, 2008, empowers the Board to issue necessary directions to protect the securities market, investors, or ensure proper management of intermediaries. These directions may include refunding money or securities to investors, restricting market access for intermediaries, or suspending trading in certain securities. The Board must provide a reasonable opportunity for affected parties to be heard before issuing such directions, except in urgent cases where an interim direction is necessary, in which case a hearing will be provided promptly afterward.
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