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        SEBI

        Regulation 82 - Exemption from enforcement of the regulations

        Securities and Exchange Board of India (Mutual Funds) Regulations, 2026
        Chapter XVII
        POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONS

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        Mutual fund regulation permits relaxation of enforcement for procedural issues, force majeure, or undue hardship, with a Rs. 1 lakh fee. The Board may relax strict enforcement of any Mutual Funds Regulation to protect unitholder interests or develop the securities market where the issue is procedural or technical, non compliance arose from factors beyond the asset manager's control, or the requirement would cause undue hardship; applicants must file detailed grounds and pay a non refundable fee of one lakh rupees via NEFT/RTGS/IMPS, SEBI Payment Gateway, or other prescribed 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.

                                Mutual fund regulation permits relaxation of enforcement for procedural issues, force majeure, or undue hardship, with a Rs. 1 lakh fee.

                                The Board may relax strict enforcement of any Mutual Funds Regulation to protect unitholder interests or develop the securities market where the issue is procedural or technical, non compliance arose from factors beyond the asset manager's control, or the requirement would cause undue hardship; applicants must file detailed grounds and pay a non refundable fee of one lakh rupees via NEFT/RTGS/IMPS, SEBI Payment Gateway, or other prescribed modes.


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