Procedure for action in case of default: Regulation 29 omitted, enforcement follows SEBI enquiry and penalty framework. Procedure for action in case of default under Regulation 29 of the SEBI (Underwriters) Regulations, 1993 has been omitted; enforcement and disciplinary steps for underwriters are governed by the SEBI procedural framework for holding enquiries and imposing penalties, which replaced the former Regulation 29 and prescribes the applicable enquiry and penalty mechanisms.
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Provisions expressly mentioned in the judgment/order text.
Procedure for action in case of default: Regulation 29 omitted, enforcement follows SEBI enquiry and penalty framework.
Procedure for action in case of default under Regulation 29 of the SEBI (Underwriters) Regulations, 1993 has been omitted; enforcement and disciplinary steps for underwriters are governed by the SEBI procedural framework for holding enquiries and imposing penalties, which replaced the former Regulation 29 and prescribes the applicable enquiry and penalty mechanisms.
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