Procedural timeline relaxation permits limited extensions for delays beyond applicant control, excluding core settlement deadlines and increasing settlement payments. Relaxation of procedural timelines may be granted where the missed deadline is not more than thirty days old and non-adherence resulted from factors ... Summary
Securities and Exchange Board of India (Settlement of Administrative and CIVIL Proceedings) Regulations, 2026
Procedural timeline relaxation permits limited extensions for delays beyond applicant control, excluding core settlement deadlines and increasing settlement payments.
Relaxation of procedural timelines may be granted where the missed deadline is not more than thirty days old and non-adherence resulted from factors beyond the applicant's control. The power does not extend to time limits under regulations 4(1) and 5(1). An extension for payment of the settlement amount beyond the notice of demand period may not exceed thirty days and may result in a one percent increase in the settlement amount.
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