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        SEBI

        Regulation 13 - Repeal and savings

        Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003
        Chapter III
        INVESTIGATION

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        Repeal and savings: earlier securities fraud regulations repealed but violations remain investigable under new regulations. Regulation 13 repeals the 1995 Regulations but preserves enforcement: violations of regulations 3, 4, 5 and 6 of the 1995 Regulations remain subject to investigation and proceedings under the procedural framework of the current Regulations, and any investigations pending at commencement are to be continued and disposed of under the current Regulations.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Repeal and savings: earlier securities fraud regulations repealed but violations remain investigable under new regulations.

                              Regulation 13 repeals the 1995 Regulations but preserves enforcement: violations of regulations 3, 4, 5 and 6 of the 1995 Regulations remain subject to investigation and proceedings under the procedural framework of the current Regulations, and any investigations pending at commencement are to be continued and disposed of under the current Regulations.


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