Regulation 71A - Prohibition on participating in auction conducted by the Board in pursuance of recovery proceedings. - Securities And Exchange Board Of India (Employees' Service) Regulations, 2001

1 [Prohibition on participating in auction conducted by the Board in pursuance of recovery proceedings. 71A. No employee shall participate, either directly or indirectly, in an auction conducted by the Board for sale of movable or immovable properties in pursuance of recovery proceedings initiated under section 28A of the Act or section 23JB of the Securities Contracts (Regulation) Act, 1956 or section 19-IB of the Depositories Act, 1996.] ************* NOTES:- 1 Inserted vide the SEBI (Employees' Service) (Amendment) Regulations, 2017, w.e.f. 27.7.2017.