https://www.taxtmi.com/acts?id=33254 Proceeds from sale of a defaulter's properties are allocated first to Board administration costs and Administrator fees; second to disgorgement and refunds to investors, with the Board able to direct refunds as monies are realized and the Administrator able to call for claims in tranches; and third to any other penalties or fees due from the defaulter to the Board under applicable securities and depository law. en-us Thu, 20 Dec 2018 13:01:10 +0530 Thu, 08 Aug 2024 15:32:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33254 Proceeds from sale of a defaulter's properties are allocated first to Board administration costs and Administrator fees; second to disgorgement and refunds to investors, with the Board able to direct refunds as monies are realized and the Administrator able to call for claims in tranches; and third to any other penalties or fees due from the defaulter to the Board under applicable securities and depository law. Act-Rules SEBI Thu, 20 Dec 2018 13:01:10 +0530 https://www.taxtmi.com/acts?id=33254