Sebi consent not mandatory for compounding offences under section 24A of Act: SC ...Middle East

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Sebi consent not mandatory for compounding offences under section 24A of Act: SC
source : Devdiscourse ( Middle East ) () 17
The Supreme Court Friday held that the consent of regulator Sebi is not mandatory for compounding offences under section 24A of the Sebi Act but taking views of the expert body is necessary for stability in the securities market as well as investor protection.

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