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          <h1>Securities Ombudsman Award Binding; Review Possible for Justice Errors Within One Month Under SEBI Regulations, 2003.</h1> An award under the Securities and Exchange Board of India (Ombudsman) Regulations, 2003, is final and binding unless reviewed by the Board. A party may seek a review within one month of receiving the award if there is a substantial miscarriage of justice or an apparent error. The party seeking review must deposit 75% of the award amount unless waived by the Board. The Board aims to resolve reviews within 45 days, during which the award is suspended. The Board may dismiss petitions that do not meet review criteria, and parties must implement the award within 30 days of the Board's decision.

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