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    <title>Exemption from strict enforcement</title>
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    <description>The Board may suo motu or on an application grant relaxation from strict enforcement of any provision where it records reasons in writing and is satisfied the relief serves investor and market interests and that the requirement is procedural or non-compliance is due to factors beyond the entity&#039;s control; relief is subject to conditions the Board imposes. An application must include a non refundable fee of fifty thousand rupees payable by specified electronic modes.</description>
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      <description>The Board may suo motu or on an application grant relaxation from strict enforcement of any provision where it records reasons in writing and is satisfied the relief serves investor and market interests and that the requirement is procedural or non-compliance is due to factors beyond the entity&#039;s control; relief is subject to conditions the Board imposes. An application must include a non refundable fee of fifty thousand rupees payable by specified electronic modes.</description>
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