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Procedure to be followed under this chapter

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..... t General Manager or Assistant Legal Adviser for giving his recommendation after following the summary procedure in respect of any matter specified in regulation 15: Provided that in respect of any matter specified under regulation 15, if a representation is received from an intermediary to dispense with the procedure laid down in regulation 16, the Chairman or the member may not appoint .....

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..... rs appropriate in the circumstances on the merits and in the light of the material on record and shall submit a report to the Chairman or the member, as the case may be, and may recommend taking of any action under sub-regulation (1) of regulation 13 as he considers appropriate in the circumstance of the case and shall give reasons for taking such action. (4) If the intermediary makes sub .....

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..... SEBI (Procedure for Holding enquiry by Enquiry officer and imposing penalty (second amendment). Regulations, 2004 w.e.f. 2.09.2004. 2. Omitted by the SEBI(Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) (Amendment) Regulations, 2006, w.e.f. 21.08.2006. Prior to its omission, Proviso read as under: Provided further that where the Board has reasonable grounds .....

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