Right of appeal preserves tribunal review of regulatory orders under the portfolio manager regime. Regulation 38 formerly provided an entitlement to an appeal from Board orders under the Portfolio Managers Regulations to the Securities Appellate ... Summary
Right of appeal preserves tribunal review of regulatory orders under the portfolio manager regime.
Regulation 38 formerly provided an entitlement to an appeal from Board orders under the Portfolio Managers Regulations to the Securities Appellate Tribunal, substituting an earlier route of appeal to the Government; subsequent procedural amendments and later omission of the provision reflect a reconfiguration of the appellate forum and remedial pathway for challenges to regulatory orders.
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