Current Affairs · SEBI PFUTP Regulations
What happens to the investigations that were pending under the repealed SEBI (PFUTP) Regulations, 1995 upon the notification of the 2003 Regulations?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1SEBI ignores them and no further orders can be passed on them
- 2They must be filed afresh as criminal cases in a sessions court
- 3They continue and are disposed of in accordance with the provisions of the 2003 Regulations✓
- 4They are cancelled and closed automatically without any further action
Correct answer
They continue and are disposed of in accordance with the provisions of the 2003 Regulations
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