Action on inspection reports: regulator may impose enforcement measures, including intermediary-related sanctions under applicable regulations. Regulation 25 empowers the Board or the Chairman, after consideration of an inspection or investigation report, to take such action as deemed fit, including enforcement measures under the intermediary regulatory framework; historically, the prior formulation required communicating findings to the custodian, providing an opportunity to be heard, and calling on the custodian to take necessary measures for market integrity and compliance.
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.
Action on inspection reports: regulator may impose enforcement measures, including intermediary-related sanctions under applicable regulations.
Regulation 25 empowers the Board or the Chairman, after consideration of an inspection or investigation report, to take such action as deemed fit, including enforcement measures under the intermediary regulatory framework; historically, the prior formulation required communicating findings to the custodian, providing an opportunity to be heard, and calling on the custodian to take necessary measures for market integrity and compliance.
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 
