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Section 14

SEBI (Settlement Proceedings) Regulations, 2018Central Regulations · 1992

(1) The High Powered Advisory Committee shall consider the proposed settlement terms placed before it along with the following:

(a) the application, undertaking and waivers of the applicant;

(b) factors specified in regulation 10;

(c) settlement terms or revised settlement terms proposed by the applicant;

(d) any other relevant material available on record.

(2) The High Powered Advisory Committee may seek revision of the settlement terms and refer the application back to the Internal Committee.

(3) The recommendations of the High Powered Advisory Committee shall be placed before the Panel of Whole Time Members.

Action on the recommendation of High Powered Advisory Committee.

Where this provision sits

ActSEBI (Settlement Proceedings) Regulations, 2018
Section14
JurisdictionCentral
StatusIn force as published by the source

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