Regulation 25 - Proceeding before the Panel of Whole Time Member
Securities and Exchange Board of India (Settlement of Administrative and CIVIL Proceedings) Regulations, 2026 Chapter V CONSTITUTION, PROCEDURES AND POWERS OF COMMITTEES AND PANEL OF WHOLE TIME MEMBER
Contents
Rules & Regulations
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Settlement recommendations face panel scrutiny, with recorded reasons, demand compliance, and flexible settlement amounts based on charge gravity. The Panel of Whole Time Member may accept or reject settlement recommendations made by the High Powered Advisory Committee or Internal Committee. If a ... Summary
Securities and Exchange Board of India (Settlement of Administrative and CIVIL Proceedings) Regulations, 2026
Settlement recommendations face panel scrutiny, with recorded reasons, demand compliance, and flexible settlement amounts based on charge gravity.
The Panel of Whole Time Member may accept or reject settlement recommendations made by the High Powered Advisory Committee or Internal Committee. If a recommendation is not accepted, the application may be returned for reconsideration of settlement terms or rejected through a reasoned decision communicated to the applicant. Upon acceptance of a High Powered Advisory Committee recommendation, the applicant must pay the settlement amount through the dedicated payment gateway and comply with other settlement terms within the stipulated time. The Panel may, for recorded reasons, determine a lower or higher settlement amount based on case facts and gravity of charges.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.