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Securities Contracts (Regulation) (Procedure for Holding Inquiry and Imposing Penalties by Adjudicating Officer) (Amendment) Rules, 2019

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..... e powers conferred by clause (hd) and clause (i) of sub-section (2) of section 30 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956), the Central Government hereby makes the following rules further to amend the Securities Contracts (Regulation) (Procedure for Holding Inquiry and Imposing Penalties by Adjudicating Officer) Rules, 2005 , namely :- 1. Short title and commencement .- .....

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..... In the said rules , in rule 1, in sub-rule (1), the words by Adjudicating Officer shall be omitted. 4. In the said rules , in rule 2, in clause (c) , for the word, figures and letter section 23-I , the words, brackets, figures and letters sub-section (2) of section 12A or section 23-I of the Act shall be substituted. 5. In the said rules , in rule 4 , - i. after the figures a .....

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..... ace of record on such order, either on its own motion or where such error is brought to his notice by the affected person within a period of fifteen days from the date of such order. Explanation : For the purpose of this rule, error apparent on the face of record shall mean any typographical errors that creep in inadvertently into the order and includes such other errors that do not requ .....

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