https://www.taxtmi.com/acts?id=32956 A new provision establishes a formal settlement mechanism for administrative and civil proceedings under specified securities law provisions, allowing persons subject to proceedings to file written applications to the Board. The Board may agree to settle after assessing the nature, gravity and impact of defaults, on payment of a sum or on other terms as determined under the Act's regulations. Settlement proceedings follow prescribed regulatory procedure, and orders under the settlement mechanism are made final for the specified appeal route by excluding appeals under that appeal provision. en-us Fri, 23 Nov 2018 12:48:12 +0530 Fri, 23 Nov 2018 12:48:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32956 A new provision establishes a formal settlement mechanism for administrative and civil proceedings under specified securities law provisions, allowing persons subject to proceedings to file written applications to the Board. The Board may agree to settle after assessing the nature, gravity and impact of defaults, on payment of a sum or on other terms as determined under the Act's regulations. Settlement proceedings follow prescribed regulatory procedure, and orders under the settlement mechanism are made final for the specified appeal route by excluding appeals under that appeal provision. Act-Rules F. Acts / Amendment Acts Fri, 23 Nov 2018 12:48:12 +0530 https://www.taxtmi.com/acts?id=32956