Procedure for action in case of default removed, transferring enquiry and penalty procedures to a later regulatory instrument. Regulation 38 of the SEBI (Merchant Bankers) Regulations, 1992 - concerning the procedure for action in case of default - was omitted by the SEBI (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002, with effect from 27.09.2002, thereby removing the 1992 procedural provision and placing enquiry and penalty procedures under the 2002 regulations.
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, transferring enquiry and penalty procedures to a later regulatory instrument.
Regulation 38 of the SEBI (Merchant Bankers) Regulations, 1992 - concerning the procedure for action in case of default - was omitted by the SEBI (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002, with effect from 27.09.2002, thereby removing the 1992 procedural provision and placing enquiry and penalty procedures under the 2002 regulations.
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