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<h1>SEBI Empowered to Restrict Market Access and Mandate Sale of Illegally Acquired Sweat Equity Under Regulation 20</h1> The Securities and Exchange Board of India (SEBI) has the authority to issue directions to protect the securities market. Under Regulation 20 of the Securities and Exchange Board of India (Issue of Sweat Equity) Regulations, 2002, SEBI can take actions such as prohibiting individuals from dealing in securities, mandating the sale of improperly acquired sweat equity shares, restricting market access, ordering the return of illegal profits, and preventing companies from further issuing sweat equity. These measures are in addition to SEBI's right to pursue legal action, including criminal prosecution, under relevant sections of the governing Acts.