Question

As per Reg 7 of SEBI (Prohibition  of  Insider Trading) Regulations, 2015, what action may the Board take if information pertaining to a violation of Securities Laws is received in a manner not specified in the regulations?

A The Board will automatically reject the information
B The Board will require the Informant to resubmit the information
C The Board may reject the information or require it to be filed according to the regulations
D The Board will seek clarification from the Informant
E None of these
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