Procedure for action in case of default omitted and superseded by subsequent SEBI procedural regulations governing enquiries and penalties. Procedure for action in case of default under the Securities and Exchange Board of India (Debenture Trustees) Regulations, 1993 (Regulation 30) was omitted and its enforcement framework superseded by a later SEBI procedural regulation concerning holding enquiries and imposing penalties, transferring default-action procedural authority to the substituted regulation.
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Procedure for action in case of default omitted and superseded by subsequent SEBI procedural regulations governing enquiries and penalties.
Procedure for action in case of default under the Securities and Exchange Board of India (Debenture Trustees) Regulations, 1993 (Regulation 30) was omitted and its enforcement framework superseded by a later SEBI procedural regulation concerning holding enquiries and imposing penalties, transferring default-action procedural authority to the substituted regulation.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.