Securities and Exchange Board of India (Procedure for Holding Inquiry and Imposing Penalties by Adjudicating Officer) Amendment Rules, 2019 - G.S.R. 210(E) - SEBI
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Adjudication procedure: Board or adjudicating officer may rectify apparent errors in orders and scope expanded to additional provisions. Amendments broaden the SEBI adjudication framework by adding clause (f) to the empowering provision and substituting 'the Board or the adjudicating officer' for references to the adjudicating officer, extending Board authority. Rule 2(c) is expanded to include sub section (4A) of section 11, sub section (2) of section 11B and section 15 I; rules 4, 5 and 6 are amended to insert references to 15EA and 15EB and to reflect the Board's concurrent role. A new provision permits the Board or adjudicating officer to rectify errors apparent on the face of record within fifteen days, defined to include typographical and other obvious errors.
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.
Adjudication procedure: Board or adjudicating officer may rectify apparent errors in orders and scope expanded to additional provisions.
Amendments broaden the SEBI adjudication framework by adding clause (f) to the empowering provision and substituting "the Board or the adjudicating officer" for references to the adjudicating officer, extending Board authority. Rule 2(c) is expanded to include sub section (4A) of section 11, sub section (2) of section 11B and section 15 I; rules 4, 5 and 6 are amended to insert references to 15EA and 15EB and to reflect the Board's concurrent role. A new provision permits the Board or adjudicating officer to rectify errors apparent on the face of record within fifteen days, defined to include typographical and other obvious errors.
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