https://www.taxtmi.com/acts?id=34230 Regulation 4 bars consideration of settlement applications filed after sixty days from service of the notice to show cause or supplementary notice, subject to panel discretion to condone delay on sufficient cause where an application for condonation and prescribed non refundable fees accompany the late filing. Applications filed beyond the sixty day period attract an increase in the settlement amount by a simple interest levy from the expiry of that period until filing. The limitation does not apply to proceedings before the Tribunal or any court. en-us Sat, 29 Dec 2018 16:32:10 +0530 Sat, 05 Jan 2019 11:49:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=34230 Regulation 4 bars consideration of settlement applications filed after sixty days from service of the notice to show cause or supplementary notice, subject to panel discretion to condone delay on sufficient cause where an application for condonation and prescribed non refundable fees accompany the late filing. Applications filed beyond the sixty day period attract an increase in the settlement amount by a simple interest levy from the expiry of that period until filing. The limitation does not apply to proceedings before the Tribunal or any court. Act-Rules SEBI Sat, 29 Dec 2018 16:32:10 +0530 https://www.taxtmi.com/acts?id=34230