Directions by the Board

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..... tion 439 of the Companies Act, 2013 ] , the Board may suo-motu or on receipt of information or on completion or pendency of inspection or investigation, in the interests of the securities market, issue or pass such directions as it deems fit including any or all of the following (a) directing the issuer to refund of the application monies to the applicants in a public issue; (b) directing .....

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..... hat if any ex-parte direction is required to be issued, the Board may give post decisional hearing to affected person. ************ NOTES:- 1. Substituted vide Notification No. SEBI/ LAD-NRO/GN/2020/35 dated 08-10-2020 before it was read as section 621 of the Companies Act, 1956 - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Reg .....

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