Procedure for inquiry and penalty: rules empower adjudicating officers to conduct inquiries and impose penalties under the Depositories Act. Rules establish the procedural framework, made under clause (a) of sub section (2) of section 24 of the Depositories Act, for conducting inquiries and enabling Adjudicating Officers to impose penalties under the Act's specified penalty provisions, thereby formalising the manner of administrative adjudication in the depository regulatory regime.
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Provisions expressly mentioned in the judgment/order text.
Procedure for inquiry and penalty: rules empower adjudicating officers to conduct inquiries and impose penalties under the Depositories Act.
Rules establish the procedural framework, made under clause (a) of sub section (2) of section 24 of the Depositories Act, for conducting inquiries and enabling Adjudicating Officers to impose penalties under the Act's specified penalty provisions, thereby formalising the manner of administrative adjudication in the depository regulatory regime.
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