Relaxation from strict enforcement may be granted for procedural or uncontrollable non compliance, subject to investor protection conditions. The Board may suo motu or on an application grant relaxation from strict enforcement of any provision where it records reasons in writing and is satisfied the relief serves investor and market interests and that the requirement is procedural or non-compliance is due to factors beyond the entity's control; relief is subject to conditions the Board imposes. An application must include a non refundable fee of fifty thousand rupees payable by specified electronic modes.
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.
Relaxation from strict enforcement may be granted for procedural or uncontrollable non compliance, subject to investor protection conditions.
The Board may suo motu or on an application grant relaxation from strict enforcement of any provision where it records reasons in writing and is satisfied the relief serves investor and market interests and that the requirement is procedural or non-compliance is due to factors beyond the entity's control; relief is subject to conditions the Board imposes. An application must include a non refundable fee of fifty thousand rupees payable by specified electronic modes.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
