9911796707
TMI BlogApplicationX X X X Extracts X X X X X X X X Extracts X X X X ..... m specified in Part-A of the Schedule-I: Provided that any person who proposes to dispose of any proceedings with regard to defaults under securities laws, pending before the Tribunal or a court, wherein the Board is a party may also file the settlement proposal in the Form as specified in Part-A of the Schedule-I. (2) The application made under sub-regulation (1) shall be accompanied by a n ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... applicant shall make one application for settlement of all the proceedings that have been initiated or may be initiated in respect of the same cause of action: Provided that an applicant, who has applied for compounding of an offence before a court for the same cause of action related to the specified proceedings, shall, within thirty days from the date of making the application, make an appli ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of such firm or association, or body corporate and the same shall bind the firm or association, the body corporate and any officer who is in default. Explanation.- For the purpose of this sub-regulation, the expression 'officer who is in default' has the same meaning as provided in sub-section (60) of section 2 of the Companies Act, 2013. (8) An application for settlement of default ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
