Appeal rights changed for regulatory orders: remedy shifted from administrative review to a statutory appellate mechanism. Appeal rights under the SEBI (Credit Rating Agencies) Regulations, 1999 were omitted by a later procedural regulation, removing the specific provision prescribing an appellate pathway. Earlier iterations provided an appellate remedy to a designated appellate forum for aggrieved persons against Board orders, and an even earlier version confined appeals against suspension or cancellation of registration to administrative review before the executive. The entry thus records a temporal shift in the remedial forum.
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Appeal rights changed for regulatory orders: remedy shifted from administrative review to a statutory appellate mechanism.
Appeal rights under the SEBI (Credit Rating Agencies) Regulations, 1999 were omitted by a later procedural regulation, removing the specific provision prescribing an appellate pathway. Earlier iterations provided an appellate remedy to a designated appellate forum for aggrieved persons against Board orders, and an even earlier version confined appeals against suspension or cancellation of registration to administrative review before the executive. The entry thus records a temporal shift in the remedial forum.
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