SEBI Updates Rules: Enhanced Powers for Employee Financial Recovery, Disciplinary Actions, and Gratuity Withholding.
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....The Securities and Exchange Board of India (SEBI) recently issued a notification, amending the existing regulations concerning employees' service within the organization. - The key amendments include enhanced recovery powers for pecuniary losses caused by employees, continuation of proceedings post-employment, procedures for addressing allegations against former employees, and provisions for withholding gratuity during ongoing proceedings.....