Question

    Which set of rules outlines the procedures that SEBI's

    adjudicating officers must follow when conducting inquiries and determining penalties?
    A Securities and Exchange Board of India (Insider Trading Regulations) Rules, 1992 Correct Answer Incorrect Answer
    B Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 Correct Answer Incorrect Answer
    C Securities and Exchange Board of India (Procedure for Holding Inquiry and Imposing Penalties by Adjudicating Officer) Rules, 1995 Correct Answer Incorrect Answer
    D Securities and Exchange Board of India (Takeover Regulations) Rules, 1997 Correct Answer Incorrect Answer
    E Securities and Exchange Board of India (Market Intermediaries) Guidelines, 1999 Correct Answer Incorrect Answer

    Solution

    The Rule specifically details the procedures that SEBI's adjudicating officers must follow when holding inquiries and imposing penalties. These rules are designed to ensure a structured and fair process for adjudicating violations of SEBI regulations. They outline how inquiries should be conducted, the rights of the parties involved, and the manner in which penalties should be determined and imposed. 

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