0215-2011 KCA Stock Broking Pvt. Ltd vs Securities and Exchange Board of India and Another

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2.0 It has been observed that defaults have occurred in payment of registration fees. Given the background of defaults, the Board has decided to introduce a scheme, namely, SEBI (Interest Liability Regularisation) Scheme, 2004 (the Scheme) to provide a one time opportunity to enable the stock brokers in the Cash segments of stock exchanges to regularise their defaults. Therefore, in exercise of the powers under Section 11 of the Act read with Regulation 10 and Schedule III of the SEBI (Stock Brokers and Sub-Brokers) Regulations, 1992, the Board hereby introduces the Scheme viz. SEBI

BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

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Source: SecMarx — 0215-2011 KCA Stock Broking Pvt. Ltd vs Securities and Exchange Board of India and Another. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.