Procedure for action in case of default removed, replaced by later enquiry and penalty procedural regulations. Regulation 37 of the Merchant Bankers Regulations, 1992, addressing the procedure for action in case of default, has been omitted and replaced by later procedural regulations governing enquiries and imposition of penalties, making the earlier enforcement pathway inapplicable.
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.
Procedure for action in case of default removed, replaced by later enquiry and penalty procedural regulations.
Regulation 37 of the Merchant Bankers Regulations, 1992, addressing the procedure for action in case of default, has been omitted and replaced by later procedural regulations governing enquiries and imposition of penalties, making the earlier enforcement pathway inapplicable.
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