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        SEBI

        Regulation 63 - Omitted

        Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999
        Chapter VIII
        PROCEDURE FOR ACTION IN CASE OF DEFAULT

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        Procedure for action in case of default removed under SEBI collective investment schemes framework, altering enforcement procedural regime. Regulation 63 of the SEBI (Collective Investment Schemes) Regulations, 1999, which set out the procedure for action in case of default, has been omitted by later regulations dealing with enquiry and penalty procedures, thereby eliminating that specific enforcement procedure from the 1999 CIS regulatory framework.
                          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.

                                Procedure for action in case of default removed under SEBI collective investment schemes framework, altering enforcement procedural regime.

                                Regulation 63 of the SEBI (Collective Investment Schemes) Regulations, 1999, which set out the procedure for action in case of default, has been omitted by later regulations dealing with enquiry and penalty procedures, thereby eliminating that specific enforcement procedure from the 1999 CIS regulatory framework.


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