https://www.taxtmi.com/acts?id=38067 Regulation 13 prescribes that the Enquiry Officer submit a reasoned report recommending penalties to the designated Chair or Member, distinguishing between minor penalties (censure, temporary prohibitions, short suspensions and debarments) and major penalties (cancellation, longer suspensions, extended debarments). The Chair or Member must issue a show cause notice with the report, permit a reply or oral submissions, and, after consideration, pass a dated and signed order within the prescribed decision timeline. Major penalties are limited to circumstances such as market manipulation, insider trading, breach of registration conditions, unfitness, non compliance with statutory directions, or repeated defaults. en-us Fri, 13 Dec 2019 11:26:08 +0530 Fri, 13 Dec 2019 11:26:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=38067 Regulation 13 prescribes that the Enquiry Officer submit a reasoned report recommending penalties to the designated Chair or Member, distinguishing between minor penalties (censure, temporary prohibitions, short suspensions and debarments) and major penalties (cancellation, longer suspensions, extended debarments). The Chair or Member must issue a show cause notice with the report, permit a reply or oral submissions, and, after consideration, pass a dated and signed order within the prescribed decision timeline. Major penalties are limited to circumstances such as market manipulation, insider trading, breach of registration conditions, unfitness, non compliance with statutory directions, or repeated defaults. Act-Rules SEBI Fri, 13 Dec 2019 11:26:08 +0530 https://www.taxtmi.com/acts?id=38067