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ARTICLE · 17 SEPTEMBER 2020

SEBI Amends Settlement Proceedings Regulations

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The Securities and Exchange Board of India on July 22, 2020, vide notification issued the Securities and Exchange Board of India Regulations, 2020 to amend Securities and Exchange Board of India.

IndiaCorporate/Commercial Law
Bharat Sharma
Bharat Sharma
Ankit Shah
Ankit Shah
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The Securities and Exchange Board of India (SEBI) on July 22, 2020, vide notification1 issued the Securities and Exchange Board of India (Settlement Proceedings) (Amendment) Regulations, 2020 (Amendment) to amend Securities and Exchange Board of India (Settlement Proceedings) Regulations, 2018 (Regulations).

The Regulations deal with settlement for alleged or probable contravention of any provision of the securities laws (defined in the Regulations to mean the Act, the Securities Contract (Regulations) Act, 1956 (42 of 1956), the Depositories Act, 1996 (22 of 1996), the relevant provisions of any other law to the extent it is administered by the Board and the relevant rules and regulations made thereunder).

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