2 weeks ago
SEBI Proposes Faster Settlement Rules, Removes Extra 20% Charge
SEBI is like the referee for the stock market in India.
Its job is to make sure companies follow the rules.
When companies break the rules, SEBI can punish them.
Sometimes companies and SEBI can agree to settle the matter instead of going through a long fight.
SEBI has thought of new ways to make this settling process better.
Right now, if someone has more than one problem to settle, they sometimes have to pay 20 percent extra money.
SEBI wants to remove that extra 20 percent charge in some cases.
SEBI also wants a quicker and easier way to settle small cases that involve up to Rs 10 lakh.
This would make the process faster, clearer, and simpler for everyone.
SEBI has proposed replacing its 2018 Settlement Proceedings Regulations with a new framework.
The proposal removes an additional 20 per cent settlement amount in certain cases involving multiple proceedings.
A faster settlement route would be introduced for cases involving amounts up to Rs 10 lakh.
The revamped framework aims to make the settlement process faster, more transparent and easier to navigate.
The changes are meant to reshape how SEBI enforcement matters are settled.
- Who
- SEBI (Securities and Exchange Board of India), the capital markets regulator
- What
- Proposed a new settlement framework to replace the 2018 Settlement Proceedings Regulations, removing a 20% extra settlement charge in certain cases and adding a fast-track route for amounts up to Rs 10 lakh
- Where
- India
- When
- Not specified in the article
- Why
- To make the enforcement settlement process faster, more transparent and easier to navigate
Key facts
- Regulator
- Securities and Exchange Board of India (SEBI)
- Regulation being replaced
- SEBI (Settlement Proceedings) Regulations, 2018
- Proposed change
- Removal of additional 20% settlement amount in certain multiple-proceeding cases
- Fast-track route
- Settlements involving amounts up to Rs 10 lakh
- Goal
- Faster, more transparent and easier settlement process
- Status
- Proposed framework
Sources
Related news
Sebi proposes settlement overhaul with fast-track route for small cases
Sebi proposes separate Master Circular for Clearing Corporations
SEBI Chief Says Closing Auction Session Stays, Changes Possible
SEBI Warns of Immediate Action Against CAS Manipulation
SEBI Reviews CAS Trading, Proposes Flexible Debt Maturity Norms
SEBI Moves Quickly Against Alleged Closing Auction System Manipulation
PVR Inox Buyback: September 3 Last Day to Buy
Zerodha Receives SEBI Approval for Merchant Banking Licence
Kamath Says FII Panic Selling Often Precedes Market Gains
Sebi Bars Tarapur Transformers, Promoters Over Fund Diversion Case
SEBI Seeks Clarification Before Advancing NSE IPO Approval
