Regulation 16 - Procedure to be followed under this chapter
Securities And Exchange Board of India (Procedure For Holding Enquiry By Enquiry Officer And Imposing Penalty) Regulations, 2002 Chapter III SUMMARY PROCEDURE
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Summary procedure for intermediaries: officer-issued notice, written submissions, report and enforcement recommendations to the Chair. Summary procedure permits the Chairman or member to appoint a senior officer to serve a notice requiring a written submission from an intermediary within a prescribed period, extendable for recorded reasons; the officer will decide on the merits if no submission is made, or consider submissions if received, and in either case submit a reasoned report with enforcement recommendations to the Chairman or member.
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.
Summary procedure for intermediaries: officer-issued notice, written submissions, report and enforcement recommendations to the Chair.
Summary procedure permits the Chairman or member to appoint a senior officer to serve a notice requiring a written submission from an intermediary within a prescribed period, extendable for recorded reasons; the officer will decide on the merits if no submission is made, or consider submissions if received, and in either case submit a reasoned report with enforcement recommendations to the Chairman or member.
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