Procedure for action in case of default removed, shifting enquiry and penalty processes to a later procedural regulation. Regulation 28 of the Securities and Exchange Board of India (Debenture Trustees) Regulations, 1993, which set out 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, transferring the relevant enquiry and penalty procedural framework away from the 1993 Regulations.
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 removed, shifting enquiry and penalty processes to a later procedural regulation.
Regulation 28 of the Securities and Exchange Board of India (Debenture Trustees) Regulations, 1993, which set out 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, transferring the relevant enquiry and penalty procedural framework away from the 1993 Regulations.
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