Non-compliance with ICDR Regulations: stock exchanges may vary fines if investor interests remain protected and reasons are recorded. SEBI prescribes fines and compliance mechanisms for breaches of the ICDR Regulations and inserts a provision permitting stock exchanges to deviate from the prescribed framework where investor interests are not adversely affected, subject to recording reasons in writing; exchanges must notify listed entities and publish the circular on their websites.
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.
Non-compliance with ICDR Regulations: stock exchanges may vary fines if investor interests remain protected and reasons are recorded.
SEBI prescribes fines and compliance mechanisms for breaches of the ICDR Regulations and inserts a provision permitting stock exchanges to deviate from the prescribed framework where investor interests are not adversely affected, subject to recording reasons in writing; exchanges must notify listed entities and publish the circular on their websites.
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