Regulation 35 - Liability for action in case of default - Securities and Exchange Board of India (Merchant Bankers) Regulations, 1992

CHAPTER V PROCEDURE FOR ACTION IN CASE OF DEFAULT 1 [Liability for action in case of default. 35. A merchant banker who contravenes any of the provisions of the Act, Rules or Regulations framed thereunder shall be liable for one or more actions specified therein including the action under Chapter V of the Securities and Exchange Board of India (Intermediaries) Regulations, 2008. ] ************* NOTES:- 1. Substituted by the Securities and Exchange Board of India (Intermediaries) Regulations, 2008 w.e.f, 26-5-2008