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        SEBI

        Regulation 25 - Omitted

        Securities and Exchange Board of India (Bankers to an Issue) Regulations, 1994
        Chapter V
        PROCEDURE FOR ACTION IN CASE OF DEFAULT

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        Procedure for action in case of default superseded by updated enquiry and penalty rules, altering enforcement for bankers to issues Regulation 25, concerning the procedure for action in case of default under the SEBI (Bankers to an Issue) Regulations, 1994, has been omitted and replaced by a later SEBI regulation establishing a framework for holding enquiries and imposing penalties, thus superseding the earlier procedural regime.
                          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                                Procedure for action in case of default superseded by updated enquiry and penalty rules, altering enforcement for bankers to issues

                                Regulation 25, concerning the procedure for action in case of default under the SEBI (Bankers to an Issue) Regulations, 1994, has been omitted and replaced by a later SEBI regulation establishing a framework for holding enquiries and imposing penalties, thus superseding the earlier procedural regime.


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