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        SEBI

        Regulation 26 - Omitted

        Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993
        Chapter V
        PROCEDURE FOR ACTION IN CASE OF DEFAULT

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        Show-cause notice procedure requires regulated entities to reply and Board to issue a reasoned order and provide a copy. Regulation 26 set a stepwise procedure: after an enquiry report the Board issued a show-cause notice; the registrar or transfer agent had a specified period to reply; the Board then considered any reply and within a further specified period passed a self-contained, reasoned order justifying any penalty and sent a copy of that order to the affected registrar or share transfer agent.
                          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.

                                Show-cause notice procedure requires regulated entities to reply and Board to issue a reasoned order and provide a copy.

                                Regulation 26 set a stepwise procedure: after an enquiry report the Board issued a show-cause notice; the registrar or transfer agent had a specified period to reply; the Board then considered any reply and within a further specified period passed a self-contained, reasoned order justifying any penalty and sent a copy of that order to the affected registrar or share transfer agent.


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