Regulation omission: SEBI's procedural provision for action in case of default has been removed under later regulations. Regulation 31 of the Securities and Exchange Board of India (Underwriters) Regulations, 1993, which concerned the procedure for action in case of default, has been omitted by the SEBI (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002, with effect from the date specified in that instrument.
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Provisions expressly mentioned in the judgment/order text.
Regulation omission: SEBI's procedural provision for action in case of default has been removed under later regulations.
Regulation 31 of the Securities and Exchange Board of India (Underwriters) Regulations, 1993, which concerned the procedure for action in case of default, has been omitted by the SEBI (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002, with effect from the date specified in that instrument.
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