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of <h1>Ombudsman proceedings under SEBI Regulations 2003 don't follow strict Evidence Act rules; legal reps need special permission.</h1> In proceedings before the Ombudsman under the Securities and Exchange Board of India (Ombudsman) Regulations, 2003, the strict rules of evidence as per the Evidence Act do not apply. The Ombudsman can establish procedures aligned with natural justice principles, deciding whether to conduct oral hearings or rely solely on documents. It is not mandatory for investors to attend oral hearings, as decisions can be based on submitted documents. Legal practitioners cannot represent defendants or respondents unless the Ombudsman permits representation for complainants.
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