TaxTMI 
TaxTMI 
Summary Proceedings
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....ard from all the depository(ies) where the participant was admitted, that the depository participant agreement has been terminated by the depository(ies); (c) a person found to have made claim(s) of return or performance in respect of or related to a security or securities, unless otherwise permitted by the Board to make such claim(s); (d) a person which fails to pay the fees, to the Board or to such body as may be specified, in terms of provisions of the relevant regulations governing such a person; (e) a person not traceable at its physical address and email address available in the records of the Board; (f) a person which has failed to submit periodic reports to the Board for three consecutive periods or such other period(s) as m....
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.... time period granted by the competent authority to file the written submissions under sub-regulation (3), in case no written submissions are filed within the specified period. (6) No opportunity of personal hearing shall be granted while disposing of the proceedings initiated under this regulation. (7) The competent authority shall pass an appropriate order of cancellation or suspension of the certificate of registration of the noticee or any other order, as deemed fit. (8) The competent authority may, while passing the order, impose such conditions upon the noticee as it deems fit to protect the interest of the investors or the clients of the noticee or the securities market. (9) While passing the order, the competent authority shall, ....
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....the custody or control of such person, within the time and in the manner, as may be required under the relevant regulations or as may be directed by the competent authority while passing the order under this regulation. (11) A copy of the order passed under this regulation shall be- (a) sent to the noticee; (b) sent to the stock exchange(s) or the clearing corporation(s) or the depository(ies) or the body or body corporate recognized by the Board for administration and supervision of the intermediary, as the case may be, and shall be uploaded on their respective websites; and (c) uploaded on the website of the Board.] ************** NOTES:- 1. Inserted vide Notification No. SEBI/LAD-NRO/GN/2021/20 dated 05-05-2021 2. Substitut....
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....g with documentary evidence, as to why the certificate of registration, granted under the Act or the regulations made thereunder, should not be cancelled. (4) No opportunity of personal hearing shall be granted while disposing of the proceedings under this regulation. (5) After considering the facts and circumstances of the case, material on record and the written submissions, if any, the Board shall endeavor to pass an order within twenty days from the date of receipt of written submissions. (6) The Board may, while passing such order, impose such conditions upon the person as it deems fit to protect the interest of the investors or its clients or the securities market. (7) The Board may require the person concerned to satisfy the Boar....