Enquiry procedure for suspension or cancellation: regulated notice, written response, hearing, constrained representation, presenting officer and report to regulator. Regulation requires appointment of one or more enquiry officers to serve a notice stating grounds for proposed suspension or cancellation, call for a show-cause response within a short period, permit a written reply with documentary evidence, and give a reasonable opportunity of hearing. The investor may appear through an authorised person but lawyers are barred from representing the investor unless the Board appoints a lawyer as presenting officer. The enquiry officer may seek a presenting officer from the Board and must, after considering submissions, submit a report recommending penal action and its grounds.
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.
Enquiry procedure for suspension or cancellation: regulated notice, written response, hearing, constrained representation, presenting officer and report to regulator.
Regulation requires appointment of one or more enquiry officers to serve a notice stating grounds for proposed suspension or cancellation, call for a show-cause response within a short period, permit a written reply with documentary evidence, and give a reasonable opportunity of hearing. The investor may appear through an authorised person but lawyers are barred from representing the investor unless the Board appoints a lawyer as presenting officer. The enquiry officer may seek a presenting officer from the Board and must, after considering submissions, submit a report recommending penal action and its grounds.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
