Section 24: Reply by noticee

Pension Fund Regulatory and Development Authority(National Pension System Trust) Regulations, 2015Central Regulations · 2013

(1) The noticee shall submit to the designated authority its written representation within the period specified in the notice along with documentary evidence, if any, in support thereof:

Provided that the designated authority may extend the time specified in the notice for sufficient grounds shown by the noticee and after recording reasons of extension in writing.

(2) If the noticee does not reply to the show-cause notice, within the time granted for the purpose, the designated authority may proceed with the matter ex parte recording the reasons for doing so and make his recommendations as the case may be on the basis of material facts available before him.

Where this provision sits

Act	Pension Fund Regulatory and Development Authority(National Pension System Trust) Regulations, 2015
Section	24
Marginal note	Reply by noticee
Jurisdiction	Central
Status	In force as published by the source

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