Settlement applications in securities proceedings require full disclosure, proposed terms, enforceable waivers, and a formula-based settlement amount. Settlement applications in administrative and civil securities proceedings require complete identifying particulars, details of relevant proceedings and ... Summary
Securities and Exchange Board of India (Settlement of Administrative and CIVIL Proceedings) Regulations, 2026
Settlement applications in securities proceedings require full disclosure, proposed terms, enforceable waivers, and a formula-based settlement amount.
Settlement applications in administrative and civil securities proceedings require complete identifying particulars, details of relevant proceedings and enforcement action, alleged charges, and full and true disclosure of investor loss, profit made, loss avoided, and related fees, brokerage or commissions. Applicants must propose a settlement amount, disgorgement where applicable, and remedial and regulatory terms, with calculation basis and supporting materials. The application must be verified on oath and accompanied by prescribed undertakings, waivers, authority documentation, notices, identification details, and relevant records.
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