Show-cause notice procedure requires reply within prescribed period and allows Board to issue orders after enquiry. Regulation 25 empowers the Board, on receiving an enquiry officer's report, to issue a show cause notice proposing penal or other action; requires the Foreign Venture Capital Investor to submit a written reply within fourteen days of receipt; and obliges the Board, after considering any reply, to pass an appropriate order as soon as possible.
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.
Show-cause notice procedure requires reply within prescribed period and allows Board to issue orders after enquiry.
Regulation 25 empowers the Board, on receiving an enquiry officer's report, to issue a show cause notice proposing penal or other action; requires the Foreign Venture Capital Investor to submit a written reply within fourteen days of receipt; and obliges the Board, after considering any reply, to pass an appropriate order as soon as possible.
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