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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>SEBI Regulation 32 Omitted in 2002, Streamlining Default Procedures in Securities and Exchange Board Regulations.</h1> Regulation 32 of the Securities and Exchange Board of India (Custodian) Regulations, 1996, which outlined the procedure for action in case of default, was omitted by the SEBI (Procedure for holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002, effective from September 27, 2002.