Action on the recommendation of High Powered Advisory Committee

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....tee and may accept or reject the same: Provided that where the recommendations of the High Powered Advisory Committee to settle the specified proceedings are rejected, the panel of Whole Time Members shall record reasons for rejection of the recommendations: Provided further that where the recommendation of the High Powered Advisory Committee to settle the specified proceedings are rejected,....

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....ccepted after the ^9[thirtieth] calendar day from the date of the receipt of the notice of demand. (b) fulfil/undertake in writing to abide by, the other settlement terms, if any, within the time provided to the applicant. (3) Where the Panel of Whole Time Members does not accept the recommendation of the High Powered Advisory Committee to settle the specified proceedings on the settle....

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..... Inserted vide Notification No. SEBI/LAD-NRO/GN/2020/24 dated 22-07-2020 5. Omitted vide Notification No. SEBI/LAD-NRO/GN/2022/62 dated 14-01-2022 before it was read as, ", which may be extended by the Panel of Whole Time Members for reasons to be recorded, ^2[by sixty calendar days, only after receipt of an application seeking extension of time within thirty days from the date of rec....