Bye-law 8, Securities and Exchange Board of India (Appeals of The business of a depository participant) Bye-laws, 2020 [S3T-AJ5]
As at 7 September 2026. In force from 21 April 2020.
Opportunity of hearing.—No order under these bye-laws refusing an application, or otherwise to the prejudice of any depository participant, shall be made unless he has been given a notice in writing of not less than fifteen days to show cause against the proposed order, has been given a copy of every document on which the order is proposed to be founded, and has been heard if he so desires; and the Central Government shall communicate the order made to him in Form G within sixty days of the order.
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