https://www.taxtmi.com/acts?id=56637 Regulation 28B authorises the Board, either suo motu or on a Vault Manager's application, to relax strict compliance where the matter is procedural or technical, or non-compliance resulted from factors beyond the entity's control. The Board must record its reasons in writing and may impose conditions in the interests of investors and the securities market. An application must set out the relevant details and grounds and be accompanied by a non-refundable fee through prescribed payment modes. en-us Sat, 10 Oct 2026 11:54:10 +0530 Sat, 10 Oct 2026 11:54:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=56637 Regulation 28B authorises the Board, either suo motu or on a Vault Manager's application, to relax strict compliance where the matter is procedural or technical, or non-compliance resulted from factors beyond the entity's control. The Board must record its reasons in writing and may impose conditions in the interests of investors and the securities market. An application must set out the relevant details and grounds and be accompanied by a non-refundable fee through prescribed payment modes. Act-Rules SEBI Sat, 10 Oct 2026 11:54:10 +0530 https://www.taxtmi.com/acts?id=56637