Settlement applications may be filed at any stage, subject to prescribed forms, waivers, fees, and consolidated proceedings. Settlement applications for specified proceedings may be made at any stage through the prescribed form, undertaking and waiver, settlement amount ... Summary
Securities and Exchange Board of India (Settlement of Administrative and CIVIL Proceedings) Regulations, 2026
Settlement applications may be filed at any stage, subject to prescribed forms, waivers, fees, and consolidated proceedings.
Settlement applications for specified proceedings may be made at any stage through the prescribed form, undertaking and waiver, settlement amount computation, and applicable non-refundable fee. Facts established or admitted in related proceedings concerning the same cause of action are deemed admitted for settlement. A single application must cover all specified proceedings arising from that cause of action. Incomplete applications may be returned and must be revised within fifteen days, failing which they are deemed withdrawn. Non-natural persons must apply through an authorised person responsible for their business conduct.
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