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        SEBI

        Regulation 42 - Omitted

        Securities and Exchange Board of India (Merchant Bankers) Regulations, 1992
        Chapter V
        PROCEDURE FOR ACTION IN CASE OF DEFAULT

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        Regulation omission: procedure for action in case of default under merchant bankers rules removed, altering enforcement framework. Regulation 42 of the SEBI (Merchant Bankers) Regulations, 1992, concerning the procedure for action in case of default, was omitted by a subsequent procedural regulation, removing that specific procedural provision and leaving enforcement mechanisms to be governed by the later regulations on enquiries and penalties.
                          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.

                                Regulation omission: procedure for action in case of default under merchant bankers rules removed, altering enforcement framework.

                                Regulation 42 of the SEBI (Merchant Bankers) Regulations, 1992, concerning the procedure for action in case of default, was omitted by a subsequent procedural regulation, removing that specific procedural provision and leaving enforcement mechanisms to be governed by the later regulations on enquiries and penalties.


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