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          <h1>Regulation 43 on default procedures in SEBI Merchant Bankers Regulations 1992 omitted by 2002 regulations.</h1> Regulation 43 of the Securities and Exchange Board of India (Merchant Bankers) Regulations, 1992, concerning the procedure for action in case of default, has been omitted. This omission was effected by the Securities and Exchange Board of India (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002, which came into force on September 27, 2002.

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