Holding of enquiry

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....contemplated against such person should not be recommended. (2) The noticee shall be called upon to submit, within a period to be specified in the notice, not exceeding twenty-one days from the date of service thereof, a written reply to the notice, along with documentary evidence, if any, in support of such written reply: Provided that the designated authority may extend the time specified ....

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.... be granted, then the designated authority may issue or cause to issue a notice fixing a date for inspection of documents: Provided that the date for inspection of documents shall be within thirty days from the date of receipt of such request. (6) The designated authority shall grant an opportunity of personal hearing and issue or cause to issue a notice scheduling a date for hearing the not....

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....on No. SEBI/LAD-NRO/GN/2021/07 dated 21-01-2021 before it was read as, "Issuance of notice. 25. (1) The designated authority shall, if it finds reasonable grounds to do so, issue a notice to the concerned person requiring him to show cause as to why the certificate of registration granted to it, should not be suspended or cancelled or why any other action provided herein should not be t....