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        SEBI

        Regulation 28 - 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 replaced by SEBI enquiry and penalty regulations governing bankers to an issue. Regulation 28 of the SEBI (Bankers to an Issue) Regulations, 1994-concerning the procedure for action in case of default-has been omitted and superseded by the Securities and Exchange Board of India (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002, effective 27-09-2002, thereby transferring procedural governance of defaults by bankers to an issue to the 2002 enquiry and penalty 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 replaced by SEBI enquiry and penalty regulations governing bankers to an issue.

                                Regulation 28 of the SEBI (Bankers to an Issue) Regulations, 1994-concerning the procedure for action in case of default-has been omitted and superseded by the Securities and Exchange Board of India (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002, effective 27-09-2002, thereby transferring procedural governance of defaults by bankers to an issue to the 2002 enquiry and penalty framework.


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