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SEBI Settlement Scheme 2022: Addressing Penalties and Recovery Proceedings Under Securities Laws Despite Regulation 5 Prohibition.

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....SEBI settlement Scheme, 2022 - As on date the money towards penalty is due under an order issued under Securities Laws, which is liable to be recovered under Securities Laws. Regulation 5 of SEBI Regulation, 2018 puts a specific bar for settlement of such cases. Pendency of recovery proceedings cases are distinct than the original proceedings. - HC....