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of <h1>SEBI Summons Under Takeover Regulations Must Follow Procedure in Regulation 22 of 2002 Enquiry Rules</h1> A summons or notice issued by the Securities and Exchange Board of India (SEBI) under the Substantial Acquisition of Shares and Takeovers Regulations, 1997, is to be served in accordance with the procedure outlined in regulation 22 of the SEBI (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002. This provision was inserted by an amendment in 2007, effective from April 23, 2007.
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