https://www.taxtmi.com/acts?id=33210 Regulation 5 specifies that settlement applications will not be considered if a prior application on the same default was rejected, if related audit or inquiry is incomplete (except for confidentiality cases), or if monies due under a securities-law order are recoverable; the Board may decline settlement for defaults with market-wide impact, investor losses, or market-integrity effects. In determining settlement, the Board may consider refund or disgorgement of monies, provision of compliant investor exit or purchase options, and overall compliance with securities laws, and may refuse settlement where the applicant is a willful defaulter, fugitive economic offender, or has unpaid fees or penalties. en-us Wed, 19 Dec 2018 17:24:14 +0530 Thu, 08 Aug 2024 15:00:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33210 Regulation 5 specifies that settlement applications will not be considered if a prior application on the same default was rejected, if related audit or inquiry is incomplete (except for confidentiality cases), or if monies due under a securities-law order are recoverable; the Board may decline settlement for defaults with market-wide impact, investor losses, or market-integrity effects. In determining settlement, the Board may consider refund or disgorgement of monies, provision of compliant investor exit or purchase options, and overall compliance with securities laws, and may refuse settlement where the applicant is a willful defaulter, fugitive economic offender, or has unpaid fees or penalties. Act-Rules SEBI Wed, 19 Dec 2018 17:24:14 +0530 https://www.taxtmi.com/acts?id=33210