वेंचर कैपिटल फंड्स (VCFs) द्वारा समापन (winding-up) की समय-सीमा में होने वाली देरी को व्यवस्थित रूप से हल करने के लिए सेबी द्वारा शुरू की गई विशेष अनुपालन और निकास सुविधा का नाम क्या है?

Regarding SEBI's proposed revisions to the 'fit and proper person' framework for market intermediaries, consider the following statements: 1. Proposals suggest relaxing automatic disqualifications during preliminary stages of investigation. 2. Under IBC proceedings, disqualification is proposed to trigger upon a winding-up order rather than at the initial CIRP stage. 3. SEBI aims to codify a mandatory 'Right to Be Heard' to ensure natural justice. Which of the statements given above is/are correct?

Which of the following scenarios correctly demonstrate the principles underlying SEBI's 'fit and proper person' criteria for market intermediaries? 1. Absolute disqualification applies automatically upon the mere filing of an FIR, bypassing due enquiry. 2. A firm undergoing the Corporate Insolvency Resolution Process (CIRP) does not face immediate automatic disqualification, as resolution efforts aimed at revival are considered. 3. Insolvency-related disqualification is typically triggered upon formal liquidation/winding-up proceedings rather than initial resolution notices. 4. Pending criminal complaints lead to immediate disqualification without granting a fair opportunity of hearing. Select the correct option: