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of <h1>SEBI Omits Regulation 31 on Debenture Trustees' Default Procedures, Effective September 27, 2002, Under New Penalty Regulations.</h1> Regulation 31 of the Securities and Exchange Board of India (Debenture Trustees) Regulations, 1993, which outlined the procedure for action in case of default, has been omitted. This omission was effected by the SEBI (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002, effective from September 27, 2002.
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