SEBI Settlement Scheme 2022
On 19th August, 2022, Securities Exchange Board of India (SEBI) issued Public notice in respect of SEBI-Settlement Scheme 2022.
Purpose
- To provide an opportunity for settlement to the entities who have executed reversal trades in the illiquid stock options segment of BSE between April 1, 2014 to September 30, 2015,
- Against whom proceedings have been initiated and are pending before any forum or authority, viz. Courts/ Securities Appellate Tribunal (“SAT”), Adjudicating Officer and Recovery Officer (provided an appeal has been filed and the same is pending before the SAT/Court).
Commencement
- The Scheme commenced on August 22, 2022 and will end on ....
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