Full Text
EXTRAORDINARY
PART III—Section 4
PUBLISHED BY AUTHORITY
No. 467] NEW DELHI, MONDAY, JULY 3, 2023/ASHADHA 12, 194 5
CG-MH-E-03072023-246973
SECURITIES AND EXCHANGE BOARD OF INDIA
NOTIFICATION
Mumbai, the 3rd July 2023
SECURITIES AND EXCHANGE BOARD OF INDIA (OMBUDSMAN) (REPEAL) REGULATIONS, 2023
No. SEBI/LAD –NRO/GN/2023/138 .—In exercise of the powers conferred by Section 30 of the Securities
and Exchange Board of India Act, 1992 (15 of 1992), the Securities and Exchange Board of India hereby makes the
following regulation s to repeal the Securities and Exchange Board of India (Ombudsman) Regulations, 2003,
namely , —
1. These regulations may be called the Securities and Exchange Board of India (Ombudsman) (Repeal)
Regulations, 2023.
2. They shall come into force on the date of t heir publication in the Official Gazette.
3. On and from the commencement of these regulations, the Securities and Exchange Board of India (Ombudsman)
Regulations, 2003 shall stand repealed.
4. The repeal of the Securities and Exchange Board of India (Ombudsman) Regulations, 2003 shall not affect —
(i) the previous operation of the said regulations or anything done or omitted to be done or suffered
therein;
(ii) any right, privilege, obligation or liability acquired or accrued or incurred under the said regulations;
(iii) any penalty or punishment incurred in respect of any contravention or offence committed under the said
regulations;
(iv) any investigation, legal proceedings or remedy in respect of any such right, privilege, obligation,
liability, penalty or punishment as aforesa id.
5. Any such investigation, legal proceeding or remedy may be instituted, continued or enforced and any such
penalty or punishment may be imposed as if the Securities and Exchange Board of India (Ombudsman)
Regulations, 2003 had not been repealed.
BABITH A RAYUDU , Executive Director
[ADVT. -III/4/Exty./248/2023 -24]
Uploaded by Dte . of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi -110064
and Published by the Controller of Publications, Delhi -110054 .
Login to read full text