SEBI extends the end date of the SEBI Settlement Scheme, 2022

Nov 22, 2022 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Securities and Exchange Board of India (SEBI) on November 22, 2022, issued a notification regarding the Extension of the SEBI settlement scheme, 2022.

The following has been stated namely: -

• The Settlement Scheme, 2022 was introduced vide public notice dated August 19, 2022. A one-time settlement opportunity has been provided to those entities that have executed trade reversals in the stock options segment of BSE during the period from April 1, 2014, to September 30, 2015, and against whom adjudication proceedings have been initiated and are pending before any forum or authority.

• The settlement period commenced on August 22, 2022

• The date the settlement period ends has been extended from November 21, 2022, to January 21, 2023


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