Pension Fund Regulatory and Development Authority (Trustee Bank) 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 exporte recording the reasons for doing so and make his r
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