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Omitted

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.... 1 Omitted by the SEBI (Procedure for Holding Enquiry by Enquiry officer and Imposing Penalty) Regulation, 2002, w.e.f. 27-9-2002. Prior to omission, regulation read as follows: "39. Show-cause....

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....ard, after considering the reply of the credit rating agency to the show-cause notice, shall as soon as possible pass such order as it deems fit. (4) Every order passed by the Board under sub-regulat....