https://www.taxtmi.com/acts?id=31395 Restitution under Regulation 14 operates on amounts disgorged pursuant to a direction under section 220(4). The Board must realise the disgorgement expeditiously, invite claims by public announcement from persons who suffered loss from the underlying contravention, and receive claims in the notified format within 30 days. It must then scrutinise the claims, prepare a list of valid claims within 30 days after the claim period, and disburse the disgorged amount proportionately among the valid claimants within 30 days of preparing that list. en-us Wed, 03 Jan 2018 14:14:22 +0530 Mon, 08 Jun 2026 15:42:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31395 Restitution under Regulation 14 operates on amounts disgorged pursuant to a direction under section 220(4). The Board must realise the disgorgement expeditiously, invite claims by public announcement from persons who suffered loss from the underlying contravention, and receive claims in the notified format within 30 days. It must then scrutinise the claims, prepare a list of valid claims within 30 days after the claim period, and disburse the disgorged amount proportionately among the valid claimants within 30 days of preparing that list. Act-Rules IBC Wed, 03 Jan 2018 14:14:22 +0530 https://www.taxtmi.com/acts?id=31395