Securities and Exchange Board of India (Settlement of Administrative and Civil Proceedings) Regulations, 2026

7708 GI/2026 (1) रजिस्ट्री सं. डी.एल.- 33004/99 REGD. No. D. L.-33004/99 xxxGIDHxxx xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार से प्रकाजित PUBLISHED BY AUTHORITY भारतीय प्रजतभूजत और जिजनमय बोडड अजधसूचना म ंबई, 6 अक् तूबर, 2026 भारतीय प्रजतभूजत और जिजनमय बोडड [प्रिासजनक और जसजिल कायडिाजहयों का जनपटारा (सेटलमेंट)] जिजनयम, 2026 प्रिासजनक और जसजिल कायडिाजहयों के जनपटारे (सेटलमेंट) की प्रक्रिया तथा उसकी ितों आक्रद और उनसे संबंजधत जिषयों का प्रािधान करने हेत जिजनयम सं. सेबी/एल.ए.डी-डी.ओ.पी/2026/318.— भारतीय प्रजतभूजत और जिजनमय बोडड (सेबी), भारतीय प्रजतभूजत और जिजनमय बोडड अजधजनयम, 1992 की धारा 30, प्रजतभूजत संजिदा (जिजनयमन) अजधजनयम, 1956 की धारा 31 और जनक्षेपागार अजधजनयम, 1996 की धारा 25 के साथ पठठत भारतीय प्रजतभूजत और जिजनमय बोडड अजधजनयम, 1992 की धारा 15ञख, प्रजतभूजत संजिदा (जिजनयमन) अजधजनयम, 1956 की धारा 23ञक और जनक्षेपागार अजधजनयम, 1996 की धारा 19झक (इनमें इन कानूनी प्रािधानों में हुए बदलाि या इनकी िगह बने कानून भी िाजमल हैं) द्वारा प्रदान की गई िजियों का प्रयोग करते हुए, एतद्द्वारा जनम्नजलजखत जिजनयम बनाता है, अथाडत्:- अध्याय - I प्रारंजभक नाम और लागू होने की तारीख (1) इन जिजनयमों का नाम भारतीय प्रजतभूजत और जिजनमय बोडड [प्रिासजनक और जसजिल कायडिाजहयों का जनपटारा (सेटलमेंट)] जिजनयम, 2026 है । सं. 603] नई क्रदल्ली, ब धिार, अक् तूबर 7, 2026/आज‍ िन 15, 1948 No. 603] NEW DELHI, WEDNESDAY, OCTOBER 7, 2026/ASVINA 15, 1948 सी.जी.-डी.एल.-अ.-08102026-276939 CG-DL-E-08102026-276939 सी.जी.-डी.एल.-अ.-08102026-276939 CG-DL-E-08102026-276939 2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (2) a fata worse F sat faferaat & siferafaa eet Hr ante B 30d ar & Te ae feet A BT | ofesrant 2. (1) ga faferaat A fot great Ar afters A as &, saat 3X aq aw PIFATTAT et WaT Sa ah fe Hest He sik a Bl, HR seh TS areal wr 3h at aaqaN e oa aT,- (am) “safer” ar arte - snedta wisayfa atk aa ats afore, 1992 (@at wee,1992) [1992 aT 15]; (a) “wild ge” arte - CA Ho tel UM UT oe a Hea, forehr aoe & eagkesr (aasfaal) a Haller set want ar secierat eT oe HK FA WHR FU Sedat Hr aoe F Mreia Hrlaret wens oy; (1) “ats ar arte - afOfraa & er 3 & aga af ade ofa HR fafa ats (Aa); (ft) “Tea” aT HAS - Zee H seer fear; (5) “Seater wd denean aaa’ a xfs - ae afafa, ar as ant fafeaa 23 & aga as aS a (a) “side afAfe” or arts - ag afAta, af ats cart fata 21 & ded Fels aS BT; (GB) “Werner dacs & tee” ar set se - sts H Zeer TaNT seve TH Vat tater, fore at ar at & afte Wraitas Bees gr; (a) “Rote” FA nfs s - sta-osere Ar fate, agra (Seafarers / eager) Hr Trate, fetter Rare, ara Rove, aifse Rare ar fier (@) ‘arqrkéa ofesfeal) & data srepeh wae” (Raeaqheter als ar ah 2 - afOfRe (vac), wae ater (Aaa) Hae, 1956 [farakdtat wiocaca (eacteet) wee, 1956] (1956 ar 42), faaorent Heras, 1996 (fSuiisett wee, 1996) [1996 ar 22] 3ik HIS QT Used Heel wats (sel aw ag sts H AA A Ha [art II— wus 4] ATRT FT UIT: HATTA 3 @l) GM sah Asa ST AT a at fHu ae afta fase, fara (aed), AT TRoa, GRIT (Ae), AUNT ar favre Heer AT Feenferae (aISseTSee); (3) “fever fr tea” ar arte - ag Tha, of Prita area & ferret (Wetec) & few fates 10 & span aa AY sy; (c) “ferrert fr ere” ar HAS - 2 ord, Treat Tow faferqa 9 A fear (6) “muita wraey arate - ysenfeaa, wears Ar amr 11, amr 11m, at 118, ART 12(3) a ant 15s Hear vider Afaar (fafetaaet) sera, 1956 Ar aT 12m a Ut 23H Hear fererorent sfifeaa, 1996 sr tr 19 a aN 19a, a saw fav WT sree Bele sie & aed, Marae (faecal) & safe Hee Wattel & Sectlet H AA A, de Hae! at AS CANT Ao At ot Gadi |e sera oe HY ag St 3X st SS H AAA Tet Wr eT; a TX deste (ARMM) BW sea eMMesT H AAT (3) “arlarel fa aor ae” aT HAS fh fryer 8d ade Wea ana Al anna ow fereitta Hrearet fre aT ot faarefier & (Tater fam fafa 12 & far ae 8); (c) ‘waar’ (cgeteta) wT set se - afliersar Fr ant 15e F aed aoa ofa sites earakraet (Ac); (or) “ae ar ares - Heist a facia ay, ot ah omg et | (2) wa cm fh dat po sik a Bi, da aw Uhdae ale eect A aeaaT aret eee ait emfaer ert, 3 agra are eteat A WHaaey ae weg ait anfaet Brey | (3) ga fafraat race) A soar far ae sik aoRenisa, fea afiiaat (vere), vfceiict Bidar (faferraet) aftr, 1956 (arses HUSH ee (LITeet) TFS, 1956), Prarie sfferaqa, 1996 (fsatfsettat 4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] wee, 1996) a soe sia, 2013, UW sah ded sae ae oT ant feu av fraat ar faferrat Rraereres) a Arex otal a aRuat (Geers) A Rena eect safe a ar at st, at, aenfeafa, set weferaat, ferrat ur faferaat ar Areex GRAY ar oRaat A sear sara feow are feet spree eieiterer are A saree fore far ET e | wears - II BATT PATER Sd eat 3. (1) ws Ved freitta aad (fx ae ala feet at ao w sata el) & ferme (AeaHe) & Wedd Sq Haat HX Udell, Tele FA sat fafetaat ch oratnel AT Oetet AT Xa AT ale | (2) 3sa-fafetaa (1) & 3eaR ded ats & ure sey ae Ueda far are (ax) 3k forget FY Lea ae ake ar aa sft veda Pear sien, ST eAH-1 HAM: SeT-wh, SeT-T SN HeT-aT A Tar aa F | (3) 3-fafetar (1) & seta Wedd feu oe alel sida & are feet cated (atte Wel) & alae Acedia sok Lo FF 3H aRAT & Arey FH Ucie sok VTA FT 3daat Bra (ait alters Het ovat) Hear Het er, 3ik thre Fl ae wea se dae A faeifta feu av dae ted & aR Heal Heit eet | (4) fest preett waa & aga, sie feet Arerct (ater 3itw eect) & dae A ana FW AA H HEL Tet Wt a Ge a aA fet ala & ahi aden & fear ais ava ais et ah et BW Heer feu oT [art Il— ave 4] AIT BT UAT | TATA 5 wh et, ak aie sa Aral S ast Praia Hrearer Hr fergeRt (AcerAc) feu siel Hr Weta fear sr ter el, at CH A Bel ArT Te fH sa Aaa S AS aeat H aff sida A Ager HT fora F | (5) aidan feet wa alae (ait 3H veered) A ala ae fauika aanreat a frat a fre va el Hida Wea BVT | (6) fore 3rdeat A Tea Seta a das A Ha KR REA RAT ar fire at get faferaat & orate anit a HTN GUI A Saxe BI, IS daa 3am at alert far aren sik arer & aidan al 3ideet alee Set & PRT st Tae STU | (7) fare aidan ar 3idact su-faferaa (6) & dead alert fear aa ey, de side aS S Fae Wet set HT ANTE A sae feat H shan, 3rdeet aT Ut ate eNat 3 Sea seers ania aed (aif ae sa Paferaat a Wate sie HAR GU SR) Wea HL He, Ca a HT set Gel Atel svar fH 3aaer aE of fern aa gs | (8) Stet sida va Cay vied at at shee WaT at GT, Gel 3deeT HN Tat (exert) aut sift anfe F aaweyT Bee Gda (dax) 3a cAi¢a H Peat F Wea eu oie, oa falaa wa S wfepa ar sar et 3k aT sa Ue & SNR a VAN af HR fra We ae HRN Doelet chr farrAant et; sie Tht Sa WHR Wedd feu ae aca S ae viet Tea et svar | afvataret (fertaeeret) 4. (1) aS & waar vet ze feet Praia aria & fever & dae A veda feu ae tS feet aida ax feo aél fear soem, al aR sas Geet (eit ior alee) Ar crater few sel AY aT A BRT TAN 6 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] Gan & aay A we A Hot TS Poet Hr arate fu are FT ars (sit af ate FY et) A acd feet & ae wea fra TTT | (2) 3o-faferaa (1) & Wate 3a AA A a ae Bl, Hel ada ag Wedd fra se, aa aig fraika artargt arene (gissqeret) a Atha JeddA “AAs Hw BAA feanreltet a | (3) gat faferaat & omy eet Ar anra aa A Rafa & aera aie ws feretita rfarel det Ler et, Al Sa HMae & Tae A frye sd Hrdaat gat faferaat & any ater At artra A aca feat Fr sah & stax veda arte er, aie te faevika areal & wae A frgent gq anda UT oT Geet Fede af far sar et Ur THe He Geet Wedel Pear at sar et 2018 & ded 3a AAR ax fea sar et, ater fear aa et ar fx ara of fear ara eT | (4) 30-fafetaa (3) A fae Hidaet ar fam fat aa %, 3a 3dea H Gaey A fermen Hl tha fafa 10 & aegan aa Hf ae fermen Ft wa a are weet Saran ereit | force Fr Waar (ates) 5. (1) @RU darst Qaat (it sit atics) ant act A vee, aS Zant HPPA & sat A far ge wre A fersert AY Yaa (Alea) [forse ata Ada ARM AK see orasat Geese weet / Gade @RaSsal) A Baca BT S sea" sen] ant A aresh, af vied a, Cat quem (alee) wed eet Ar ata S are feat H stax, steers & HAAN MITER Sq Haat Wea HLA HI HAGT Veter aT ST AH | [art Il— ave 4] AIT BT UAT | TATA 7 (2) su-faferra (1) & wate & at sa ATA A ore] slat Gel HARA (SetA) fereer SANT FHT Sey A AHA Tew sey We fea far sr Yer eT, 3x a @l Sat ATA A STs] Bley foteteny form fafa 27 A Thar aa eT | (3) su-faferra (1) AF fort Geen (Alicea) ar forw far sear &, saa vied & faery st areeit eras (seHaAe vsetet) ee au ale or foie F a dafad ak at faa aot (art) a fam & sas as ale ae at sand a Bee, se sa Aaa (Ate) wr Had ae He at frp oe fe 3a Fear (Aiea) A sieataa daniad aNrat He Hep Has & aren oy fagert fae aa Al Are ated ar als fle Aa aT &, a PRX Herds BNI a Heel Has A ew saea FT sate S epeit weal Has F adel HT Hie HH Act Ta F | wears - faqen (Qcave) BT ARNT faqert (decade) cael arfaieal ar ara 6. (1) sa fafagat A sor sa aa %, 3a Ssart faeafaiaa facitta (G) Sel gat fafraat & aed set Ha aH (SHiec) & Us A fryer oq Pera Ta slaeet Geet He AAS fear st ger Vt [fata 4(3) a faferaqa 7(4) & aR A se arel Wdaad a BlSHX]; Gi) Sel feat AAS (Hist ZH Vase) H HST A Als Bla-Tscat AY oT Tél a, HS aeheara Fr ar Vel al, Hrs fader ar aifse far ar Tel Bl [atelaar aret Te HH Hldeat Hl BSH]; 8 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (ii) FET Hae Uh Beda PH (SGM TH Het ate / faerper fScHecx) Sl, SUX Ht Massy Hey Ao (HUT SeINaHal) Bt A vH STaST 3mm sTaxreft a | CISL: () ‘eda PHael A ‘Sut aat sraest Atel ae (Ic Sua) HT As - ae cafe Was seas, fas anda (Hadl suNadisity & dae A ant fav ae feet & sea, feat da ar facdia deen [auch aff, 2013 #1 ant 2(39) 4 UT TRA] A seth HAGA GaN, ‘Blade PHral Al SI THT MSTA AXet Se (HUEY SURAT)’ & wa A aeifpe fear aa et | (@) staitst arf araarefy apr at art ster, Sy staitsr afar srazrelr sfafaaa, 2018 fe Fafsita sHaiisa 3Mhess Vac, 2018] Fr emer 2(1)(a) A fear gar = | (2) @reife fafa 18(2) & watt ar at creer far é area, fee aff oa freia artarer ar frgert sel rar at Bee, aa fle TeH,- (>) A FN as w FS TSN KW IST a, A (@) FT ase A sgt Gem A eraernt Ht aKa Acre TET et, AT (1) Fl ase AF atom Fr fersaara (Aeafersar) W ira 3m at | (3) get faferaat A ct es feet at att ar set wait ae a cere ore fe See UT at feraeret & ea A a Px MeN sa (AeReat ark / widatiat Sisk) & fase & 3 3a fafraiha Arye) axa S227 a, fet fauitta areal & aaer A fae ae al 3ideet (fhe set EF seal ata fdr staRe afAfa a seatren wea derean afaia cant FY aS Bl a a Al as a) Hl ASR A aN Set H Wiaifern Teed & tae & afta at eifAa fear aa z | [art II— wus 4] ATRT FT UIT: HATTA 9 anda Ata fear sent sit sa ae fer ser 7. (1) fet ardga of fara sremi ox sft arta fra ot Teen, Hela: () set 31dan a at as cant art & as qaant a ak a @ saa Seat&; (@) sel sidan als Gant Aref aS STH, qeclday, ferent Ar Bent get ae UW a Ueda aT HT aT HC Ged Hee A AN ay; (7) set aidan (fore afar eet a Her ae a, ve F HH aN sidRea afAfa & waar afar a ar; (q) set siden ga faferaat & cea Fede Pee ae aa (31sxehehsT) 3 Hen sie & Saet Hath adel (Aax) ar, feet st ave 4G, OU at secede A UT PHL SAG Wea A RY; (5) wel siden sa fafaaal A sais TS Hall & shar fryer Al THA SAT a ATU; (a) wel sidan faveR & Batt A ass TS HS ard Mita WAT H tat WY axa A she TE aT fee fever & Fae A aang Ts MA feel ect HT Wet aT A al HIS FUNIcAH Hay Zor 3 fee Waeet 3fe HT Wet Htey H Aalela | | (2) aie so-fafaaat (1) & aga feet sides at aoe ay feat ov, at SoA Hae sidan AT e at orvsil | (3) fave éq fee av aided Hf ASR UT aR feu ae & aay A rae Hard & tat cant fae av facta Ar Geen feu alt a uger ferdt sit gay ardea ae fea ot Ast | (4) ufc fervent ta fear wea sides Uh IN AACR et ay, al Wa A ag Baar Hae Hal & Hater UT [foray ose fafetaa 2(1)(s) A & aS 3] W ast veda fear sneer, asa ag SRO ae a OW fore TUR WK Heaaet Hl Vest ae fear sear an, sik sa wan fet F 10 THE GAZETTE OF INDIA : EXTRAORDINARY [PART H—SEC.4] Hata Wedd td TAS fee Ar THa & aK w ae ofa sfatect ThA Hel Hiei Breit | (5) aie ferger eq Thar Tar ardeet 3y-faferay (3) & aed a fafa 3(7) & ded Uh aX ave of feat ae, at 3a Harel & set aT ww UT fer Sah Se ae MOT W Wea fear ot ween, AN sa war fee sae Wedd Ht Ba fergER Al Ha & ak a she oder sah ThA Hey Pte Stell | (6) Hage Hr ao fee ote aT asa fee oiet Al aoe A, Wed feu adel (Hexcfeet) 3 after anfe & cat Fae qaeil (aax) [at fete a cia & aay A far av et] sik seqae-l & are & STAR Wea fee ae alent sie & cae Hath gaat (ax) we HIS 3 sel UST Fatt SF ar aff Alea Tet, 3 fe as a andaw ae at vat Harel ee HT Bhat a ANT Ta Bde ot Hee wana & TAN STATA eT | Weda feu ae saad ar fratita arlarel WX FT BAT Tsar 8. (1) ae feet freita arta & dae A frsek sq sda HRT aaTsit Gaear (et Hiot aes) aN set & He veda fear 7M a, a wa ae am PTE sq feu a Hide WX FT ST Vel Sreael GT a at aT a fer 38 ae a of fea ae | (2) aie feet feratita artaret & wae A ferser sq Haat “HRT TAZ aan (eit Hit Alea) AN ser A sect veda far sar a, at Ca F FRO SAH Foe At TH AN ael Ar avait Aa aw fers ed fav TW sdet WX I at Heal Wt a a ae a ex 3a arse a a fear ome| [art Il— ave 4] AIT BT UAT | TATA 11 (3) farmer ed sidet weda feu om & gage af as Fr sa afta Ww HIS 3TH ael Wea, rah aed SS fragrant H Ral Ar Tan ate & fee 3k sik gag srane (Rater atehe) FY fersaatat HY HATA Teet & fae sida Seta) faa aan venaiae freer ant aca zs | . (4) Het fre sq wdadt Hat He viefeat cant g weda fear ony, ser ae saat Wea feu oiet HY asig 8, sat gay vicieat & face alee prea Sewiste ws) ere few ore, AY Tae aa 3s FATTY sel UL AIS HEL ael We, fareglet GE Sq Hlaeet Wedd A & fear & as feegt ofdae fecaitrat ar sa wedl W ais 3a ws UW agi, Fe at sa vied cant fergeRr eq Wedd feu av ander UROTAT WX ese PLAT | sree - IV ferqert fr ect ante farrert Fr eet aife 9. (1) faaert Hr erat ane A feteafetaa (at st ary Mt) ar form erent, HAtcL- (i) Tatra 10 & 3teTaR fasent BY Tha Fr; Gi) Teter A A PAT AG Ae A Ciel AL PHaTAT A feral HH FT ape bt tea oer sel (Seeiict HA) HT, sta fe Rare ay PROT Fas Yaa’ A ANN ATA se el A sear sneer A wer ara ey; 3i Gist wrrarel Hat Fata cate H fae s AT ar Wr Bl 3A BlsHT qent areidiel & AlAct A, faferq 17 & sola YINcAH Hor Sor sik feat water 31fe & cea A Aafia eel ete aie al 12 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (2) fore aac FA caahktar aad fAcrax 3H Hera-3tereT Sard Vt, SA ATA H Toe HS A HAT aT Aes AT Cte AT HATA A frat HT EL Tha Al ThA, Slot Aled oleret (fsetiot Hel) Fr TorrAany Set Tait sraeeat Ar ete st Arar ar ferret aed et, fee ater st Var & Acar HX A HAT-HATT| (3) set & frat oft ore A Aika edad at ava Ga, A ae at St SAT Seta (fserois) fase Fr erat safe ar fea ert | (4) ferret Ar ert aife sa catéa ux any ete, foreet fereita arial & fATe Sq slaecet Tea eT | (5) fercent Fr tH aka Al Gfaa far (Hraifeses Gs 3H sfear) A SA FATS SUVA| (6) 31aeet He [format fom fates 3(3) A fear aa 2] IN weet wat (aie ars el) Fr tha, of fervent ff tea ar eM a, ance ofasia HIN fata ats (Set) Fr Greer fa (aa ws) [era Fr UT 14 oT sah feat Hee Getter sig & aga ses AS] A TAT HS sear| fear se) sh enfAer eet, at eararflenwr (geegert) a faet oa a Tee Wd ater & Uae A feu ov, 3K ae é gear a at we af ants eet ot Ua sidaadt & Gee A sqaarct a fee Sea & aa Ue Tel feat qed awrefaret A ats cant few ane | (7) fervent ar erat amie a seta HAT TW Aah A cet AT aAHelet FT ol Tha satel Biga oles (Resist Hy) aresh, ae ferders Bret 3ik feror fre [ister fate artery Ar aT 11(5) ar sae feet aHrepeit Auta sie A 8] A TAT aus srveft | [art II— wus 4] ATT HT UST» TATATS OT 13 ferret Ar THat 10. (1) fave Fr twa at gare AW Hlafel H ara A fern area: fervent Al Tha (WSaT.) = SU. x (WA + HN + ST + T - TA) Fel, Sw. = fafa 11 & sepa se TRY (Aa SATSC); Ue = fata 12 & aera areal Hr ATT; = fafa 13 & sea Waelekl used heey (HRag & ferent €); ‘sir = faftua 14 & separ afadt terex (araet Ar asian & fereret a); Tw = fafa 15 & HeaR Hadar heer (ArAel HT aia Ielet ale Fee); ‘va’ = fara 16 & apa fafedtita heer (Ae Ar aeIRaT Tere are Tee) | | (2) Bie(TH+HR+SHH+V-VA) HT Hot erat eT UH A HA 3, al 3A UH Ale SIT | (3) fervent Hr tra, Benieaa, sect IN sda Hier Ale Hida a Alacer A deat ore Toa BA sel eit A Qn & Ae A Ad aye waa HA tel Breit| foram Rar soreafeota HAN BtsasHiea sifhat) qaRT a as GaN HS Wier seer aa at fear area et, 3 Tore Alar 3deet Wee fav onet Ht atra ae as Ar ie a maf aft fgets pr 3eer at fer é | 14 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (4) et Ham & AAS A fase FA Ta Hew-Herat fare area, six A A AY Helsr-HeT Gs oT hell aT HL va Te Aaa WHS oT aera| (5) ferme fr tha A, sel wet at al et, TS GANT Joe AT Heel Ue AT tha Ht enfaer AY saver | (6) 3et AlAcl A ferqen Ar tea S sta vfaera sift Hat ater Heel atefi, sel frgent (ease) HaiAaA Fr amt 12(3) & dea wet wel fat frei prsarer a arer-arer set Ara (ra HT weet) FI De WT fat cat fereiita awretaret a Pater A fear Aen et | (7) fot alae A feet are ate at ala gH Ft aoe A ur fer AAA & azat vd aReetaat Ar gate 4, fafa 10 4 fafaaa 16 & waeneat oh MTA fete HY Ha felehrell a ST OT Vel Bl, 3d ATA A Writs Batal wr Yate fue Ar THA (sit st ae Sth BAS) aa aX BHT | STENT Wi (at.v.) 11. (1) See TART STATet (Vetect) H a ae Hey A Set ae ae KYAT THT ere, forret form sifeteraa, ufaaia Uider (fafa) afi, 1956 JR faetorene zfairaa, 1996 A | Beli 3rdaw fea ae Het 3a fears OY Accra A sere TN Hr ao HX fear sree, star aire aR A Tara wa s: t fea ate HI saan F I Aearayrayt [Facet eee IASE era) | 2 arent fae A feat fae (Ala- 3 (“Utaraita sree) [art II— wus 4] ART BT UTI: AATATRT 15 ant fae (earyied seyret) a 3.5 Wratex (Ayaan) rr erat A fase, a ar Wa Ase h ET cata (AlAs Tete) get casa (exer weet) 250 Sraecne lhe (A Uiedl Hets-HereT Gael A ae oeray ferter atch 8) 3 Gay VATS.318. (are FT afererey BEATE) 55| (2) oY armrer Rear (afasfcat) F Aafia sep waa a as secede S Ast EIT el, SA AAS A HEMT TR (A HATS) ferprad wae feirafrad Teast wt att fear ses: @) Bt Ha aH & fre HIN UR Hert-Horay ferprel SVsit 3H HT Gi) Set hat wH st Ha gH F ag a Peake (afaafaat) A HeT-HAT HS HT WR Sot Tel BW, aT VS A set sa UA WK fea fear aren at wae sarer By; (ii) Hel 3ereT-aerat HAT Tent AT Aare A HeT-HeeeT HTM IA fereher él Bt [GS (i) * are Al, ager WH Ke aH & feu ferret as HUI UR Hl VHA ash HTML Wi free savy; (iv) ufe Rete A a HRT sans Waar A aT fx sie A fee cals & ay A ae fam a fe sal ot Atferer tel et SIN ad) ARCLASS OT A-HMNCL a, at VA A 3a calta & Hae A sNeraeyan fereprelt as STEM UA alee HX MY svat; (vy) afe Rate BW PRT Fa Fda A side A ye Tow et fe Tada feregin (Sistse SaNeet) FT Ha a Wy eMaresy HT HIIel Sor & or fer free afta ak ww F aS eae A aia area Yel & a fer sneer A sft tar é& He seca a, at Wa A east 16 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] freer a ATA A st Sdell SY 3a UY aa A aresh, Reet aon free & AA A da FT sv | (3) fore ae & fersent Ar ArT Ar ST Ter Bl, SH UH 8d STUN UR qatar hl Se HH O Ha agt Se, force Lea a aaa (Wetec!) yee a OTT SAT ZeHT BY | (4) Rare a HRT sas Fae a seer A fae Ha dH aT iow fear aa Bl, Set & feara A Bey Wie Aare Sahl | (5) set seer at aT (sea) UW Alas sods AMAIA F waar geitch at ag at, set, wenfeafa, eareafeaer a Aletta sca FUMA GaN HM seer A St ARG Alea sere WT et sal H ara SB sree WR faHrei Say | (6) set as a sorter aan dt as wed & ary Alecia sea Tae & TAT ser AT et, del CAT a aH H fae Heme TR Ft Tare Weel teat aft feet sree, fora-fore ge & at A earner a Ug ret gt fe aH al Bs F | (7) fret Praita arta A, aie feet catta carr va é ga a wp seit Uh Uh & cael ax Ft 7g Bt, aA CH AN aN HT aS Wh ew & fay arene Uist ferret SVT | (8) 37a Ui facet H foe freaiead Bt up st Wh Ale STET:- om. fret va Laas. (HHI Arad Gaeereltet stot) HTT Ot alg SetaSst CSI HoT, Ree atel ef aidan Ft sa ASS. & aay A aves. Fr va safe A fact at ae es Fat a [art II— wus 4] ART BT UTI: AATATRT 17 G. feat catta gant frdt ve Bave.sis. & deer A Les. FT wa Hae A Hs caftcat Hr UVa.ss. Sat; a. feel vey wre a3 Fese cant far aT es AT whe Tear, Pax sel SF dehinrd (srafeedert / Heaven) Hr safer & chet adam a fc aft at whe UUelot His eS Fit af Thu eT; a. Beker (ofasyfeat) A asia weet ware & 3K, wafeaa, te heist av ar facta at A far ae faa (eecac) A farce aff aX sl SAG, Weld STN, TARE Hel RTS A Seton Fat at at as at ar fax React st ae aetl aera at at a as @; 3. fat va fo & se UM sah aega (Ara) A RUN Bem fad aft 3st Fay of Stel AV at at Pex Thaed at es sat a fHu ay a; a. feet va wre wives & dau A terds fefsca sea A SMH Sst 7 Ale, PHC ae Sar cafeaar Al Wear fecal st Fat a @ faa arerant act a Ar as &; G&. fear ve ay A se ale Hee (aaa Hae) H Pat A anda widata 3k faftaa ats (et a Taica stort Zi HfeaErT) fafa, 2011 [aay (Seaeirae vUsacieresr site sara Us tHzitad) WAAA, 2011] F ASA HT HHT (Gor WeaTa) ey HT arfaca Ut af fear aa ST; a. Hoe aia, 2013 FH ar 25 3a UNI 42 H aga AAS AT (ies) Uso sey 8 Halla ane ar seca ai That va facta af F far at sitter (Geara) Fat a are ae Fi; a. Vat ars gad ah forerh at 4H, feel Aral & azat ud ohkieaicat & AeseRk, Wraice sees & tar br ag wa et fH see UH BT WP AleT SIT | (9) aie feat are fais 4, yore aeeal & tao A ag wea at fh A aS wat Al LMT Taal BW HAs, al WH A ag Yaa A aS gat FY GEA Bt THT A SGX Sdell HL Aha foldeil de dip AAS | 18 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] Test site Wraisa terex (Hat H ALOT FT Tee) [a] 12. (1) farmer sq Hace Wedd feu oiet HY ante aw sr feuia & aan Harel fare aff aor Uy at, Sol H HIT W Um Aer (deg) aa eM, fort Feat Hey wrsifSer thaex (Ta) Her SCAT | (2) Feat zie aNiisa therex ofa dt as aot & sere aa Pear sven, fT tq waar veda fee at & was Rot site | wa aT writs heer (wrtarét fra aor az 8) [ra] Aer Ce w. | ae anden soot | ae edear @ weqa | 0.20 SF tg oe eee aT @t Bie ART FATS Aaa | 0.40 (it lat ales) ant get A Ved Wedd fear sar ef fa ie 0.60 | Blt Me Hacel YEA Pa aa Bt ae fife Fr ot 12(3) & ded ata]! 0.80 wade! & ATAcel A afd wars (sees ASX) & WHat AAT feaereler ay; ae afatersa Fr ar 153(3), a wreasiiet daar (fafa) afeerars, 1956 AT ont 233(3), ur feratorene aifeiferra, 1996 Fr at [art Il— ave 4] ATT BT UAT | TATA 19 195(3) & dea aS & Baat ArAeT feanteftet er a. | aie AAT Ales Seda eases & Bae | 1.50 feanreiet et (3) Set Var St Aratet (Hist HTH Vara) FH Gate S HS Hefei HRaigal & aaa A frye Sq sdee fea aT ary, al CAA at Sree Hrtargy aS Te Al WOT W Sl sah Haer A ferHie AT AeT H Teal 3H writs heer & dk w fern sresn | Wad veered heer (HRaTS ¥ feretst S) [31x] 13. (1) 31dan & faery Ant A aS versity Delacit ar seer & Aa A al Fey (deg) faaitta feu ae Vt, sa Tet Heat a ats Waeiedy wand theet ert | (2) waeett vee heer ated a as anol & sean aa fa ses, 3eet:- saa Br Nt Fee ae seer sik faaer SX aaa & fare ‘SI HT AST (eq) | (ufe weds dade att Fr as ef a weir Walaa a Tere 0.10 20 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] aie frgeny AT seer set fear aa et fete & at 3Teer & fear 0.20 aie sidan & face als 3areer sit far aan al | at aneer & fav [Farias (ssafsheret) Hela, face at wet 0.30 ase arfarer HR Herat Hat & aed] (3) fort areal We Ta (sete) U KIMTT FANT UH we at TS Bi, Sq Heat H ATA A aft eaeted Vad baer H Aer SN at TS GRO Hea SF feria SAVIT | fact theex (aaa FH asixar & feeret B) [att] 14. (1) fever eq feu ae fate srdeat & alae A fara (sicaicat) a asl Heel wWatieat & seeder Hl Hae a fat azar et, set Tair 3Tdeatt ATA A, viasor Hath aia Vd, “0.25” ar dfadh thaex ATT SATA | (2) frre & Bal sidect & Arael A, Sel Hel st one at, era fea ate & secae far aa Ag wT a feet AeA TAT SCAT (aa dex) 1. | afe sixcra vise sik fafetaa ats (eR aT 0.25 qaiea soit SIN aifBarert) fafersa, 2011 [Ast (qeacRraa wsasieeat sw east vs ewairad) [art II— wes 4] ATT HT USAT: TATATET 21 VAM, 2011] H ASA HoT ZMH (Gel TEaa) —wt| 2. | ae sim siege (Wea etd) 2 wala 0.50 fates ats (aieaia art A afta Hacer sik He AMIR caasnt wr ofrse) farsa, 2003 [sat (wisfaert sith wisacic VS aetthay es decta Refer c a rghcra Arche) aecg, 2003] & secu FS Fafa BRM a ae at 3. | aie adie ufesria sik faferae ats (Have CaN 0.50 art ufater) fafaaar, 2015 [aar (sifetaert 3ity SeTeISst Chat) WAerees, 2015] H fara 3 sik 4% secede fav a et 4. | afe sixdra ofeea sik faferaa ats (atcaic 1.50 aa 8 aaa soeqi sik are came caaent ar ufaser) faferara, 2003 [Aat (ifetaeter faranetst Arehc) Waciea, 2003] H Sectedet feu aw af saafea therex (ATA Fr asia Farr ate Fea) [CI 15. fave ft wea faared aaa, art sare ae aadafea heed (set wer ait orl et) A A SMet S Hel ws sacar theres Arrel A da dey (TAH wl ae aez ‘0.20 fort ave) SIS aATUAT: G) fet ata-asare, aehrara (Srdfeesterd / edo), favre, 3ifse ar feet fafa sik weraiaae arta: (raat ferser Feely artaret sir ema %) A Geet Slat Ul Sah Ae A Ad GHA aw ciaHele Atet fr aritter fr as @; 22 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] Gi) FS Tet A SreTHNe et aS SF Aa TANTS He H Sule H HS Fala al siete dt as a, a Pex ae Haat a a aS at at adam aT eit et; Gi) oad Baa am (afer fe wa A HA dre feat an) Tea He feat aT aT; (iv) Tiget wr andl Hae TET s, al Hot faa 5 als Toa A SAT oT BT; (Vv) -Bleel wratret & aed Veet alt Her sear et SIN get at daraferat ct TS el, st W sidan J ae a fea Sy; (vi) Teel A AGA HT A Arise TART Aol He HU oe HT Wat ST; (HAC) UW celeet (Citeeret) Tae AT ai, a A Seat & fae av &, 3 Var wolf viefeat, quater safest (aRURe tes) A apex WsiVMIe HAHSca Hl SAA Hh Thar TAT el, al sae 3A al OX Bel art fearon sree fe Bra-aaseHxt ufsrer Tet as 8; (vii) fetes sexatisatt (adie Ataadl) a va.sis.as. (faeyhera are Ar gferarel HEM) HT STAY Bat A ste aA st | eascrary. - feftes seviisatt (adage Aeazadl) a wass.3ns. (eqs ake $ grat Tear) Hr ark War A sre 7a z, IE cat Arent sien, ate aa oH Ft ase F: mH. ag fearear et as et a fearer sik gitar HatAat fear, 2016 (SHiedawt Us dared ats, 2016) & dea 3daet AoW wT fer ara BY; G. as, Ale feu otet We aft, Sete ar Yar (featfete) ar feraer Hr as Ot teat olleret (aT Rs aa) A saa et as Bt; a T. Sah AACS Sdel HH BAT St fH HAs aN Tad & few fat GaN Beet FH Asa SAT ea (SA Asi) Hla VS VET Bt (viii) VARI CaN ge a feu ae a He feu at Ft ag S 3a Vas. U feet Ga VAS HS H HAS BH Bat A us ara ay | [art II— wus 4] ATRT FT UIT: HATTA 23 SOSGIGNUT: VAS. F HAH BH Bt A Gs aA ArT SIEM, AT ag ATA HAH (sl Het H fe as sail Sl), UH Ter vag Tac a sael Waa & few, are A HHA Bi aI; (Gx) fora wae & erent aie A aa ater ait efSar Hea F saw (Glee 3s suet &) eR sie (ical / agers) Fr ferratser aga él HA et as sl, Bier fe a at sea fierce (sea) HT fear war at a fie sa moet & gent ania A cfs us Q cis & fea a Sie wT & few ten at as a (x) 3idaen a AMT alent 3a Het HI Sa CE FT Ted sedate THAT gl ar fire fort aa A SA GM AEN eae sl JaH Teel Sa NE A Tea sedate fear et fer sahl aoe A YH Het A a xX aH af fear A 3a Haast fae as | TUM1- Ye Weel aah ay se, ae 3rdew & UT Ua as Rigel et 31 Seel JAH Weta Secor THAT VT | SIS 2.- UE Ve ast Ae eM, ss Hida Ta sled W Led EU, feraterat wT S ent sri (Iyer) a wsree (ScTel) BT SAT (S24) aie Ata, 3s Weed, Fact a say Visa fav oet A Balla pri B Ast tel et a PH Seer Sat Hat A wH Alar Hr Casa F Heat far et, HR 3a Ue HT Shed SH AS BT Aeld SCA HI aa Al a UT Se aH Ht feat Hr aA har el | Ue Wate AE A oe ax w faite seh & asrnkat wx any aet 8; waif sa ae & aiec ae atat Fr ara dk we aS Ge Aen el ate | FaserAtoT 3.- ‘GS Aenea’ HHS - Wl AeKa al 31a areal ure aél eet sik fora few feet vet S ast fan ater Hed, (AeA), HLT HINT (Peco Uea Za), Hf Tetey H fee] ret sat Z| CUA 4.- Us El 3a AA A at al 8, Hel Haaw aA 4S AAR BT fe ag fret CS see W Wel 8, aah Hales So HN et aT; 24 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (xi) Hace AT-3TReT Bi, Pee ater St See Ga gs far st a a Pear ati oleh afafater bt urfser set a vet et ur seer Hell-erat ae at aT PHL ya (Spec) HT AIT SAel Hay 3a eT FHT VT | TISIT 2.- Bie alg cafea Aga aH Actox (Tati) UT YRASST (Tada)et Phat at sect thewreph afafae Fr aise cht a, a7 et ag Saat Hel-aal et HR at BAN TMT HET 3a Ba s), at Ca A 3a A HMNX ael-Ale SEAT | FISCAL 3.- Yotentictey Tae ar Serer Set Sra UT at aT HT Wea fee Hearpt F fectefl forse tel, fst A are cet are ar enfFrct (xii) Gavel exh ANT fee ae ar Golf gent anfe (eae) sear oe Aaa few fear at fee av eet ane (egkas) a Stade HL VS-Ase aT fasaor ager great A a fee aa et: (xiii) STAR ta Praia Fr as wihasit & aaR SE a fea sear eT; (xiv) foe ATHel A Secuet FHM eM, JA AAS A Hail srdaw a st footy fear, ¢ at ag a & at Aaa at: (xv) 3ecdet att Al gate SG, Feswat BI A a syesat ST OS, Haan at HHT EH Br; (xvi) Uh o Hise A ola gH aR-aR Al aS; (xvii) SIs) @RINE aT fora cata at Ue var st fH sa HE aA AT aq ata Al dog A Cet feafa tar a are fe sae Ragqkésr (aiasticat) S waft sree watt sr seeder set wr sifaa at Gd 8, 3X ag 3a sha a eH aa A A axe A 3reaTHaT TET STI Eqs. - UE ast Alar area fe wey fafa tear et as 3, aa - [art II— wus 4] ART BT UTI: AATATRT 25 wm. peed fran & fw war afearat at ferqea a fear aa et [Torte Hee SEN (HECHT Iea HifthER) Hl fear aT AeA aft emtster 2]; G. waht cqaear Ar Eat & few sell scala af fee ae gf; a (xviii) AAA A NS Gant aaret ar aed (ad vs Pre) Ar HRas Ft 7S a; (xix) Alaet & aval va uReatsar & Aeetex Va His qu heer af dtp ay| fAfedieer trex (Aer Hy aA Aeret ae Tee) [TA] 16. Wratfeer Hara a teter, ard gare ay fAfestitar theex (ster Het sit aL a) Wat Hen, faa S ser S ser ora fAfestiear heed & Ala A ae dex (ued a se sey ‘0.20’ fea sven) aS STU, stella: @ face Fl ta sacl a el ae fe sad aate A adam faderst + ae ua ater a ae, at eff Scar Setar 27; Gi) ott wa yw Sr ag et, aa ardew Hr areal sea St HA WI a Gi) We a & arh ae-aeat Aearet fear gt, aA ena z: oe. Pere afafatrat ar ar ex sor afeefsat ar Wa A Tar aay ft ex AAfet Hier Read SB Ar et at veel Tae ael 31g ef; @. - Secdelt HT Tal Geet Sf GE carer Vt ie THe aim Fat We ant B wets ath ALa Use TS a; T. Aea-Usce, cechlenid, fetter ur sifse & ahi aaa efter ath SH Sey Alay A AS-TSEaT QI-QI Agar fear ze; (Gv) feet aera afafaf ar vat det 3k sae HS agaist at 4 Use @ FS & Mae Satan SF sah TaFAant oft sr, (Vv) & et guRkas Hea Sor few ef, af at af Ho Aaa FHT aE ala a eT; 26 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (vi) ciel Rotfear A oat HI Meter Het A 7 feat A Her Fr ak ss er, ak Roe a aret Fr ase A feet casa at aaa ats A HS AUK A THalet T ZT By; (vii) ABMaoT eet aH HI fear Bt, at Halted ror et a at Aart anie ee et 3a (See) cler fear (Beato we fear s), ik feraerat at ag aa ater fear at sit sateer sata et (viii) aeTHe (StreisX) Teta wide Ae ar a; (ix) sda TANT wince Ar als aioe et, fora Udatfets ast (aise Gre) HY afore at enfster &; (x) eT HT af Met (Seca a Aker) [fora Tela A eR Saray cat sft efter &) A aS aac A, arden a feet que fata a ded Aafia sletont & at et (fSereitex we fer el) a PX ag WH var aigt arate a fora Us-317 sftadl drag dftea (Rad afiea) ae atts eos S HH AT el [Be Waele sat Hoftal a arey atel er (xi) ata ater af a fer fam Ara A fefeaseret or fearon wfear Ue Tel et UT Hx fart Baty A Laleyget Coley (MATT Alara) / {ete coat (galdt Ft totem) earafevcia wren (arsasatear SITE) & TT ASL & few veda fear at gar gr; (xii) Jeeta THU Set H aq HRANS Viedt H faq (Hele) Br vaey-Aser (Actotac) A aces et ae Fr; (xiii) fort Fae Hd aH Fr aS a 3a BAT daw UH Cada feraerh er BY, HR Sa WHR ES Gh FA aoe S38 Hs Her aA He Fy, (xiv) AlAe & azat ud oReeaat & Ata Car ats qe theeye ait da oat| [art II— wus 4] ART BT UTI: AATATRT 27 qunNican Har sort she Peet oraenreat anfe Ht Test Bet A Haida eet sie 17. (1) Gunreare Hat sort six Pret wate ari HT Welt Ht S Aalelet Tat sie A fAeafafad AA Hs vH aus a HldH alae et Aad @) ama S rakes Gfeefeah) F Aafia Heh wane Hr Seckeet a el, 3a se2a AS viens wd ofaat ar sik deat geet 38 se A oe, HN are s Ber arate aAeat va wisarst Ar Gale Atel Sd Uh Cada TeeaR Hi Myra ater H fer asaia cet; Gi) Serifsat sik wa.ss.3s. (Merete Arhe Fr gfetarey HeATsit) oh PAULA HY ZT SAear WANT SAT AMT SMH Ble Wala HXeT; (ii) 31a Re FAX WT Zifse SK Rolie A Asa Wathleil HI Wetey HiT & fore AeA Bley; (iv) Te aa safe & fav aaa a feeiad Hat a Weel, slciie @s (xi) HT ay Geet Hea A VT: (v) Wat-Ase A sex fee (VFA eM); (vi) Merghera (ofespieat) & Aaa Heel watt Hr Secs HI FT at ag Sarat @ sdew H oil Aa sie gv, See eter; wil Prakea wesieat & aaa sree wate wr Seca LH Si (viii) fey sexaisaer & stefan (afefade) ar siffrent ar faces & dk OX 3rerar feat array [forges fet at & vax ania (eae) ats & fafa saeiek) aeat A aid et] & ARH a irae F ak WR, aa Hahel an, He a HoT; (ix) WY day aiie (eaters) rarest ach srt feu ave et ses TE ata, Brat sat MeN aria we Aa aaa eeNt (ale HS zh) HE ate 3 afe ars orener (fefass) ser fear aear a al ag omerer age axa sft enfeters, afe; (x) Meet ane (erates) Hl aeh-Set Wee; 28 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (xi) Ge al, Ve aa Hail aH, Ma san (eae Arh) & asa S da Veet [SGA Ge a eR Alea, Fact aT MeN A feet st aE Haat Het (HL as de Weset wT A at a Hyesat wT A) Bik eR sak S feet at ake S ase A ea sh ener 8], Ta: G. Hace feet sh-arepeht aaa A Ar-sitatex ef Al SAH Hail Udl aer et a x Ha WH H Bas SMe Waar Haw Hy er gait et; aT TT. WdacH a I-aK fSHiec far gt; (xii) TE WAST StH cat (Sere Ha), ot eraera (aiaarfcat) S Fala Freel watt & separ fret faite areal & aga call STH BT (RXeT SANT BI); (xiii) AA & azat ug okfeafaat & Agata Cet His get ed ane, ot dim Pasi se | (2) ot areal dae Fata cere & fore et Fr or Vel at See Blewe Gat fauitta arial & Ara A: i. Sel Ha aR Ww feu ae secuat Ht ase F facdra faa (Hrgetfae Teesce) [fetter sfc fear so gar Bl] WW 3a ust at, 3 at & aft ex faccita ear ae HEN US Vere, Sei fave Fr erat amie a an w, aidan & few ve set er fee ae tie varia a sa Fae A oat alae & (erat art) IR ae of ae at fee aa ae afte acd faavit (at atte Rate a fee eat 8) * ae far aa ae Vaecaaedl Alea A so aera ar wiser Hr: ii, Gel Ha aA wt feu ae secu A ase A faced ar (Hrgetraet Ecedica) [fsterenr siifSe er Ter et] WT HET eT ay, fhe SH Seca Al Gate A Hel H accra faarit W sat a US Yel Sl, del fsa Ar wet aie & a W, sndaw & fav [art II— wus 4] ART BT UTI: AATATRT 29 Ge sett gen fH ag ecin veadst Hl Vee & aX Bafta ay a wafer A ae sia & (eratst HY); iii, Ba ak ow fu ae fae secae Hr fam US (i) HR GS (ii) A fear sen %, aie sae aR A aA ail a ace ART FT, a ta FA adam Tel sleet ear (serene HVT); iv. Gel secede Ar ase A facdra Aare (mise FecHca) [forrer HIfSe Vt WaT Bl] WL HIS SAC af US HH SF Secieer 37 at a te, del fase Fr erat anfe dk ox, arden at a at ga at A Tet oretHe eel stoi (fSerciek He eet) AT RL GR etch Aletelt staf; v. sel a (Hs) SITU ater Gt Tat ar aaet fu ae H INIT @l, Gel sda HY, ferser Ar eet ania & aK wW, ag YN sat (Secu Feu set AY aha A YER Fd Haat Wea far oiet fr antha an fae Set Set Yer al, Sdel Sst) Aiea Hoel A ATA Ae eer; vi. Gel Sa StR-3te axel aT Gat ar aaet fet Stet H NI Gt, Gel fave Al ed aife aa atd aaa sa ae aft ay fear Ger feu ae at a dat a aaa Par aa 3a ata Ma atone (rakes Arhc) A eisat ax sidan cant saree als SHAT AT Aah A cet AV awa (formar foe Rae ar PROT FAHY Fae A seat A far TAT et) HT CHa Thee eh; vii. Sel Yar see-seR He aT Vat a Tat Tae oa & AN Ft, 3K adam, fergert Fr eet aife a aR oy, de aT tar (AT Tied) Be SH ATH oe Ws Ler si, del Sa ae A tar gen- SR PAT A Fat ar aaet FHA ae Ags Sa Acie A Ae & fager A als varac Year vel wre fe tar feu ole & PRU feraetent Al THAleT Vl TAT S | 30 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (3) Toet alae A 39-faferaer 2(i) HN 2(ii) aE Sa &, STA HTaaH & UTE, fermen (Aeeaic) A eet anfe & aR wW, ae fawed erm fe ag fStraiok FH ik vsatelsiett aed A Ue sar & fH Tact ALA H fersHst 3k fater & fersanst ar dren ar sredieare feu fear st Serater fear e | GuNicatae Hea Sort 3 Peat weet anise Hr Meter He A Aafda wa arise az ata aaa att Ar atet are ad 18.(1) fafetaat 17 & ded GURIcHH HEA Forel 3X fet waeer safe HT Woe ata FT Tatler we sie aa ata GAA, Tete ate We a far a Waa @ sete fash aire far ae & (erat Set Stal & 3tonar 3H arat az afr ant fear aT Bat &), Bier TH:- (m) faraita areal, ard-wsaret, dehrara, fatter ar 3ifee & aha sae HI SAGER HAT LET; (@) aie ata gH (featec) A va S HH cafeaat Fr arert wr a, at 3a alae A aiden FY after Fa TET; (1) Ha wa fa ae AT a, A fae seit at aN Saar sae RT ter; (3) ger (fethiec) HT cate TT S SSI Wt fede BAX UST; (5) Stott ar ferwqaran OX fercel SAX SST; (a) fectet feraeret cat acta THATeT HE Acta UST, A sda at Pca eT PATAT, (S) wor Bees wiesfieal) F Gala wee waeret ar seca far et HT Gag S Hidah H forH Hs qt Harel Tet Tel F A TH el WATe: (of) pla oH set H ae S, Ae Elia awe & few Far vivae 3 TAS TS § UW FM HEA Sow AV Ss fH 3 aaa aH (Hiec) ie a emer MeeAY (A) Sadan SANT Wael HT Wea Ha-has fa SIT; (3) Waeneal Br Weer A PHU Shel A Wael HT Ue AT A fav aa ol cate A feet cates apt fecte AaHT ET, (<) Oat ad at set cata a cart cafea at afasa A cea a ae S Teal few sett a; (5) fede Hl SHAT THA Hl SeTcleT Ale AT See MNT aie (MARCA / wfecaqicat) ar fSetradt Axe; (3) CH ws aa ae, at ara & azal vd oReaidal & Agata dtp ay| (2) 3-fafeaa (1)(a), (1)(5) SIR (1)() A Si-st Tam fear aren 8, seat TATE HIN HS THA dat 3 FUNICAH Hew Sort 3 feel wats 3nfe AT Ueet Skel S Tafa ed ania ase wach fear al Asal et (saat sidan S fervent Fr tea & GN W Sel Ha en at ania 8), a CS A se GH (tec) aH yet Hee W faa far a Aha | (3) aie Wratce Beet & tae Ar us wa et fe aT aes gare TG, a at feat 3x a am Fl aH Sant Ftd &, at CH A aN A scena far ST Bar & | (4) set ot set a, det Qrarice Bacal & taet cant Ha wat (fSHIec) al azar ve aeefaat H sent WT erar-3tereT ATA FF Ser SVT | aceiraal vert fee set & Are A fergenr Fr Har 19, afe ats aroeiaenr vere feu ate & Us A AS & aar gs, al CS A sa faferaat & sera ae Ar otet are forge FY tha feleaeaR Uels ST Tara,- 32 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (i) attaa-wa A Taal Vee Stet Bl, sah Tae A fave A THA ae Wield AG UW Sah Wat Tels ST Aha; Gi) Roa FA TotevHT SEAT FeleT Sl, Soh Ha A fryer Ar tH Tas Wicd aw A Sah Ria Tels oT Avail; Zi Gia aaa A fst ANT Feiet Bt A TAH a H Cle Sl, Soh Ase A fervent At tea cede viele aw UT sah AAat Tels SI Aas | Sarat 20.(1) Het feet Auta artadét A aidan we als Tea Hal ae FT Caen sarc ef [fret ert Nh A HAT TT Aah A ciel AV Alle A feraeret a EU apetet AY TH alleten (Seaict Atel!) anfae @], at ta A dg Wha at dds Ws Sat A A cast H TT Har AY ores, aes PR: (Gi) ae sts ot His Zifaa sree URa a fear a, at CS A aster a ane a gH e 3a aka So cleat fre (AcaAc) FI Bde Wed feu ate AY ana aw af vfdera vic as Ar ax G; aT Gi) ae ats a sida sree wRa wx fear a, at a A aeteeredt fare ae PT EH e SA ANT aS say sift sneer WRa fet aed Fr ana da at vice vit at Fr ax a, 3k sae ae fuer td sTaeeT Wedd feu Ar athe as ane wide via at At ax a | (2) SW THA WT Salat a Soadat Ble AY ANTS A RX aeteeaea Pau art Fy ana 8 cat ferser eq seat Wee feu onet Fr ara aw a fear SIT| (3) SOrst Hae HldahH FANT Hel AY ley Atel Aerie AT HA UT él Tera SAM, HK Hal a Al TS saat HI THES WS ee al fea aren | ertee sey - V aiafaat sit wren aacat & tae ar aoa, vivare ait aftr sake afater 21.(1) aS HidRe alata a aoa Her, aa ats & HEN wmihet eet | (2) stake afAtea A ats ar vp tar ae eniae ere ot Aer Aerraay & Hed aT et, HN US ear ent efter eet shar ats ace | (3) as sa faferaat & seul a QI ate & fw ata & Aalan fae st stdite BlATaat HT Tot HL Thar | adits afata a Waar Heart 22. (1) sa faferaat A sar sare aa é, 3a Bisat Hida HidRwH Bafa H Ue Be sild-Gsale axa & faw sara sre fH aa fereaita Hear ar facet far at Gea &, 3 ale far al Awa & al Sat Taiaat & sepa ferret Ar ere are Far erat | (2) fermen #7 eet aie & wae A PaakRe atd Baa, sdk aAia sa fafiedt oitaal ar fader w akt ari, at sa faraal & aed qurpife Waeat & tert & ure & (&) | (3) 31dah al adRa UAfa Al dow A sien Sle Hl HAGL Gelert far svar, faa Hide UT al We slat Bf Aaa & a Ht sam can fafllaa wa S wipe fear svar ofc eis et Aha & | easéiarur.- Jon F 3ifsal-difsar saeeiits Area A Heise FA aret atel adater Son sft onthe F | 34 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (4) side afta vert 2 aa A aS HS dow Pata wr ahah a frre aden HT AEN som H few alaRt ger Asha | (5) 3icite afate: (6) BMA dH A asl ag ote, a atalda, sie Aen aaah, at sidan & Oe @ OT ot aidan a Aa aad a; (@) 3s1den at Ufa & Baar we aise set & fore HE Tah | & ded doal A sifonl aot Al al Gad 8; (1) Fe sheet Hol foe GH (SHiec) Ar dag A caysH wy A TIN OX FA HEX USI, ah (fStlec) HT date A feraerent Hl Pec ep aTet Solel UST A yh (SHiec) Al dase A sro Fl faeoetar a fercar 3X TST | (I) Fe gitar pratt fe,- (i) Far siden a gare Yar alert anfe (Ras a fsettar Hx) fear &, (ii) Fat sidan ot erahecra (ofc) F Faker reel orate apr Uetet aa BU felaerat at vitae wr at Ulleet wr famed fear gz, (iii) Fat sac at fRrahdr (aicaicat) A sala Flee watt oT OWelet feoar & ar fox faeryerar (aiasieat) A aafera wreqeh Wauiat & aed ant feu ae fHat acer ar fereer HT eter far (iv) FOI adem A Vat oe 3 Par &, at af atahte afAfa cant ol PAST SIV: (8) ddan a aide aiAfa & eT gy sow A eg del & sea ferret AY Beier each se eda Heed Hr HoH | Teall, at Ta sda Bafa Fr dow Fr ante A sae S sare sahra foal & [art Il— avs 4] AIT BT UAT | TATA 35 (a) aie feet yes sedecde cere (A vied ot Hora-stert feraerat & ta sagt art ¢ 3k fx sear fader act 3) a aaa Wat (fSwHiec) HT TENT Hier H fore fee sq HaaeT Wea far a, a ta A ag we aaah fH frger A cha, senfeaia, ura a. (3c Heat Hoe) A srdeche Actat CANT Hel FT ST | (6) sa fafaat a sor sar ae 2, 3a olsax aide afAfa Al don & Te Haan qa Var Al aS Veet safe sk sah Gat FA Has Bala Gar Ar as fener Ar Sea Wed Tae AAA & WA Tal Sea| SOMNIGN Wed ASHEN Alacer 23. (1) TS UH Seas Wea Aelean AAfa HT Woat HT, ae de AlAia sraee cant fever sr eet anfe & ade A far ae wea W aK Het aaa gant sath Ba A ar as Twrter a ae Heh 3th fawrixer & Ae | (2) feser # ert aife & aaa A Roker ad aaa, seule wd Teear waa st faFeot erftaat ar fader ww a ate, ot ga fafaaat & aga wrafea aacat & tae & urea = @) | (3) Sean wed worsen aaa A va tar sas weer (aisRerer ARN) Be, ol SedAA AAT WM sed -AAMeas HT Aree Ww THT a, 3 saat CS dia oett farteat ery ot dear aay (aRast Arche / Wiceyict STI) UT Seas AS favat aie a sietHy st | (4) semftien ocd coeen Bafa & waeat ar artnet diet ast ar erm, a dt ak ast Fr safe & fae ser aT Gea | 36 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (5) seater wed degen aAfa ar som H Fae A SRA dat Feet oT Bren| Saseiarny, - ifsal-disal seaeelinw meat & aie st dont FA aient Gat AT aT Aad = | (6) seater wd dengan afafa Ar oer afafa & arfeearer qacat cht Meafe & HUT WL (SGA H HT WR) Aa Vlei | (7) Sie vr Wa a sa We oT RL SgHa aa a BT Uy, at CS A rata Wasa cant Ar as Tawi at scale wed Aes alata Fr FAR Alea ST | (8) aie =a weet son A fee cet A We Hl Hols CA Hsia HY), a Ca # scarier wed voteer Bafa Ar Reker at Atel srvatt fot WC aga & HUN WK AAfa & ahr & Taeat A A Haier Hata WA a Me | (9) sealer wea deneer afAta 3 dom sei ate seas Heat, sar ats sa sae A faaitta wr | (10) Set ScaRIar wea Felear BAS a as wees dom F RAM aa QB We Hl Hos Tar FT at Ta, der aA & Bars fegert Fr ere amie & Baer A seh facater Wedd AL Tee | (11) Ser scarier wed Belean BfAfa & ast dacs ow aeea a BisHt ahr UH Gaca fel sidad h Ba A dom A Ren aa a Ge Hl Heel Ta, agi aS 3a AA H Way A qa sean wea Poaean Bafa Hr WS HL Wes | [art Il— avs 4] AIT BT UAT | TATA 37 SURG Wed Wales Bafa & aAat Herat 24.(1) seater wed Fegan aiAia & waar ay fecent Ar weariaa ad aife sik state afta sr fer Tal areaht, Sa WT Sealer wed Fegan Bafa frat ate H ae-arey faeatictesa ww st faa Het: (#) sidan wr sides, HX Sah MT Wedel ee AT qeet (3sxefhaT) 3 Hen sife aw caer Gael adder (aay); (a) fafa 18 A sas aS a; (a) ferqert Ar ere anfe ar ferent Ar Benfta ere ania, freer Wala aida at Tear et; (a) Reis A suey His Ga sett aletHNy a atarday, 3mfe | (2) seater wea doen AAfa frger Fr eat ania ar Bena Het & fou me Bhat SR Hida asa adRe Baia wl Hora Weel | (3) 30-fafaaa (1) A fateh Beer A faa ate a fam Tear aa & sah Hay FA AI ata H ae, sealant wea Geaean aaAfa frger Ar Ue sie AS HLT UT SAA Als Be BT AW Soe AAS Hi F Gay A set Taare weir | (4) seater ora deen aaa Fr wel yore Tara a teter & GAT TET STV | wafer wacat & torr we waa wrelarel 25.(1) Qretice Beeat ar tae fafa 28 A aga ae AA & HsT A SEMIS Wed Hees Bafa ar stake afAfa sr Rrprret ae faa PUT 3 Ses SAH UT AHS HT THT | 38 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (2) set sen wea TeeaN Bafa a stakes afafa gan feria araeat ar ferent fre stet & Uae A Ar mS Pemieet ar yotarfern Uarat ar tart Tan a HY, Aer - () Write wees ar tert face $f eet anf Ft aant ate- HK sealer wed Fens Bae cant gel visa eS saver St Wa andes & Aa A arené art 8 oT (@) ylarices aacat ar eter PAR Fl HRT got At aH aT war, 3 Wreafte deed & tan & 0S facta Fr oretant adem al at sreeiy si STeaeR ad AAS aaa Thu aet & PRU st Sa SUA | (3) cet faite araeat ar frgerr feu ale & Gar A sea Wed Toe Baa Fr awe ar wrafetee wast wr teet Ter A a, det Wraicta Barat & tae & ferora Ar anra S aa feet & afar Maan H AT Hl Fret (Aiea iH Sais) ae Hr areefl, sie Haas,- (®) arr Fr Waar wea set Ar ana a die feat & afrex, fase Fr Tha (at fave Ar erat anfe ar fee st) sar ween, sit a sa dae A as cant fraia far Wie ted & ART A TAT Hus svat: (@) 38 feu av waa & stax, fave Fr que erat anfe cafe aes ei) HT A al Well HLT AT Weta Hel HT Gael fea VI A aaT: (at) War fee aaet act (sit forsee Fr ere amie ar fESaT st) HT sit Wee Sada FAT & let HLT, Sl sa Astl A sidan a fear ae | (4) sat faferaat Fr ars aft sa, ATA H aval wa uRfeafaar sik amt ol asia a HMM WL (PRU Gol HLH) HS deat Aa BW AAR ate , A sot fates H eA aT FI aS THA Hl Teley A Igtet F quan Feed & tat & He at Haag ael Heel | [art Il— avs 4] IT BT UAT | TATA 39 weIaTT - VI wiee te ferqent wee ta frqEnT 26. (1) 38 Hear & aed fe Beane! a fever fear awa, 3a wee cH fATERI Hel ST Ache | (2) wre tH fecent at ake wT arm: (i) Weathel & secede & 31ene WT wre te fersent; 3K Gi) fave fr rea fy Sr & are we fea ae aren wee th ferqeRt| (3) star sar ser ¢%, 3a olsen feferaa 23 HR 24 Fi HS HT aa Sa stares & aed Maia Harel & Iyer & AA A asl ater eet | Watt & seduat H Aad A far ae are Gree tH PerqERt 27.(1) ats, Hs frat arial ee tel A Teel, cited fort wat (fSwrec) FT for far Tea & Seth ATA A, eA & arg F far ev wie F tice ce FATE Al Taal (Aiea) SINT HL Tear, fora viel al 31eara- Wh HAN ATEN HT 3aeet ater Heel ZI fertert Ar THA AAT AATet ol HET ATA SI BTA ST fares aed sie (Sl GUNA HeA Soret ZIT feral wraeitet se AT Ulett Hel S Aafia et) wT fw wrec tH fers AT Hae A far TAT et, FA Ma HT AT AT Welt Het Hl Hel STAT AT FHL SHH Tele Ket H UAT A UH Adel Wedd HT Al HET SNVAT,- 40 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] i, Of S oH cet (Sere Ha) [Toray Taaxierar (Reet), Rare, cece, Ie Tea ater sth emieer 8); ii, Foret wren ({otetel) Cele Ueda ar Uitae ef Ya 8, Hae Set wee tela veadolt A adag (faeces) auisat & dae a SMA Ff Gal (Sere aT HoT); ii, fAURa wee A aera a ter (Sera A HeeT); iv. feel Freel wate ar ais cant at few ae fest facet ar Uetel tel A ANT Axel; v. Vat sea as (fSHiec), at aS cant eta Ar are | (2) afe ats Fr we F viedr aeat Ft at-at sk wél-aél otra at ect Ol Scot Weal ated set HAA face VeleT Kel H Her aU, ay TS A as s0-fafetsa (1) & aga wee tH fever Fr een (Aes) at ater St AX Behar| (3) wee ga ferret sr quer (ates) A at gs feet sta & set ew af, ats & ure fret viedt & fare Ft aret atetl Hrepett arate (Seo Valet) A scold ate Ar alec ere, HR Sa Waa (Aiea) Hr Harhy ae 3 a feeren sre fe favent fee oat A Art weet aT HS Zan fet aa se, aT hex feel sree eras 8 gat a aig Hila er aa é | (4) so-faferaa (1) & 3epar fore wedr at Gaat fea) ae Ft as eF, ae viedt wee caw ferret br Geen (Alicea) wea alet Ar ante 4 aie feat & sfrax,- (®) aS & ure freaiRa araret & faert sq ardaat set ake Wea fear svar HR sam Aare adet (3isxefear), afeRT afe a cart Gael qedet (aX) HN forge Fr TH aT atel HI arene sft Wedd fear Sea, Sta Heel he HAM: ATH, HTT- HK HTaT- 7 A aaa WAT F | [art Il— avs 4] IT BT UAT | TATA 4] (@) ferrere Ht teat [ferret form wee cH fervent Ar qaer (Aiea) A fear ara el] SAT FAT Acai, (a) fort wet aie (at qunican Hee Soret Zi feel waned aif wr West Hel A Bafta St) wT fo wre tH fsen Ar Ae A fear TA St, SA Wa HT BM aA Wels Het Hl Hel SVT a fet Saar Weel ate h UST A Uh Adel Wee AX BT HET SUIT; (@) PATE HT Haat Ueda AXA BAA, fer Ar Ha [sil Hee oH frre At Yaa (ica) A sas aS Vl] Hl Toe A YUN Her (Ale axel et) AY ArT aX Geet, HK ats or fore urea ala FAT ANA GO die eet & slay THA AAT AAT het | (5) wet Uieet gant fervent At teat Ar Tora A BUN Heer AT Alay AY SA, ael sa Baer A sts ar fervie 3ifaa erm | (6) MS CS anor S A ast feu a, eae a Hest aie Het h Gar A a fever Ft Ha AA ated H Baer A a fa we Bie (at Gun caH HEA Sorel HK fret wae sill HI Wet Het S Tafel @}) ar fom wee cH face fr ae A far var et, SH Md HT A at Uelat Blot he HST A UH Aaa Wa Akal AT PL SAAT WeteT Her & for afte A afte dae feat or sik waa e Aaa | (7) aa aS sa Ta S Hae et one fH fren Hf gem (Aiea) A sag ag ferret Ht tea sar wer af as B 3k fare ae ane (st Tacs HEA Solel NT Hal Waker 30f& HT Wea HLA SF Hafele at) Hr form ferret AY Haat A far sar el, SH Md HT UW A Wet Hel H Aaey A Ub Fda Wea Ht fear aa F AT MHL SHH Tele HL Fe AT &, aa as fafa 34 & aga Pret wr area WIR HT | 42 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] fermen br teat Hl Mra FH Zee WX fear set are wree tH farveRt 28. (1) faferr 22 & sean fAven & ade W PIN td Bag, le sda aaa Ar ag wa Br fe sa feferaat & aegan aa sr as fave Fr Tha ae ae wd da Fé HN HS Geri ales a Set a (WeT / fseasite agt fear ate &) ur Pet aS BUNS FAA A SORT aet at 3 feet water snfe ar crete ae ae A Uefa eet ed Hl Uelea a fear stet sl, at CA A HichtH AAfa sidan SF farsa 22(5)(5) & HAN HEA Solel H fore Hest | (2) fervent Ar eral ante A aqera fee oe & ale, sda Wraietn Aaeay & Gael & Waa Tar oven, 3k sae ate faferaat 25 3k 34 A Peritta A aS Wiha (Tee aaonal & Arey) ay ref | wee th Percent wart bt aise ar aa A Soret HT adie 29. (1) fe als vied,- (@) faferr 27 & aga fseR ed Hees Wedd a RY; Gi) fata 27 & aed at aS Goer (fea) A sare AV BAS & sien fergent Ar THA SAT af AAIU; (iii) fervent FY TH Het aT HX ST AHL fafa 28 & sepa ferqet Fr edt sie A sacl Hl Wedd AR, a ve A se ted & eer fait alae ee Ft or abst at aN Tah ot weal, sik sa weer at dar ararigat & sreret aor A MF fryer sq Hida Wedd ater AY sepa at srvstt | [art II— wus 4] ART BT UTI: AATATRT 43 sears - VII favent sit areitarar fertert it atedrar 30. (1) aS afea a aaa a Hea & wea @, ot farakda (afasTieat) BH Pala Hee Waal oT secs Sta & Beer A Pet cate & faorn ee FY TS A ewe AY sel aol Ara-Tsaa, caer (Srateesteret | seaqor), Arter ar ssc (SaTaten) A GA-G Hag wet & fae wera et sat & | atuelaer ST Ue Hey US A sel are Feraia Harel & fermen & fafa A et Teri Cheat Het & AA A AP ST | (2) 30-fafaaa (1) A fae wre a aw F ae aa H fae aidan a sa sear A at eS eet WL GT Sco ST, Farrer maar & - (*) citer oifet (erate) fer aa & aaa a Reads (afesiicat) F Aaa Hee Wawa & seceest A Reba Har qe sq AT OMT, ae aw fH as can als qua few a ¢ fea (@) fargo ieaieal a safle prep watrat & Hla Secaet & Maer FT ae THT 3 BeBe STAG Gal, F BATA atesst 3k waa tar 3 amet sft tc Leen, ot aft Sah ore Vt ar at ah ae eter HL AH Bt, HK forges AS sit Gave at omy; (1) sire-asdtet, cechtara, fetter, ar aise (araten) sie as & aaa Tet Tel Baia srelarel & ahi Wt axe 8, Aad wT a 3K aKa A Beat eat; 3 (a) fH st war FS fest Gaitla ata af a at four, a Gl See ASC ANAT, FT Sl SAA CUB HoT HN a SM 3s SerM, at afta secu a aisa Ha A Haat et Had F | 44 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] TUSIT.- FA HATS A Payers (aiaaaah S aata Heel Wate & Seca HT HY S - Beal act (Serle Hie) 3K Rafer & wana S ast wat at wiser HS qa TH | (3) Sa Hea & ded Hldaa Hdel Sel AA A fHat SVM, frat AA AA a sila-asclel, cehreara, Pert, ar sifse Iw oF FIT St AT HR Tet Ler BT | (4) ga Hear A at gg fret ard & ela gu sit, aie ag aidan ga fafa A Ids AS Weil Hl Wee el HX &, at CS A aS daw cant fet orice & akted Wedel Fr as often HX Ger feu av aga & 3K Ut Hae! AL Ga | (5) 30-faferaa (1), (2) 3k (3) A faa orafeal a ere ar fam fear aa @, sah Hela SS Ae H azeal ZN oxeaiaal wt faa Hel & Sle, aidam Ut 3K Tafeat ar ere (at et ae StH Bast) ae Hea | (6) Moeaat ar BraAeT cet H atser A, sdaH seal ata sate fer cr fet af Re A Secde Thu oiet & Hay A oetrart HN UGa Wedd ate SI HPAAM-M H STAR AAEA STH seit Steft (Serels Piet erst)| (7) aS, ase ef Ae WR, Mesa ST Het set HT Beara S| Hea ZH adadt & Fe A Noa-wa feriRa ax ah 3 sahl aera saan al faa eT A Aha | (8) aie Fe Tear omy areas A oretasteae HE A Tea satHHT At F, EX A Ned aedada UW Usd fer g, at CHA aS, 3g SRT A at [art Il— ave 4] ATT BT UAT | TATA 45 fafa wT A aot far ame, aida ar feet sit ao A ao a Tea| (9) Wuetaar sq fee AVE sdeet Hl ATH feu oie Ar Yael Hrdaw wT & a avett| Tia 31. (1) ga fafraat & xeae-iv, v 3K VII & Watnet sa Hears & ded Het Aet FITC & ee a AA A, Wet sacral # Are, ole] Bla | (2) 31dan aN So HEAT H asad Wedd A aed ae otter, Wada far Set at atdidst 3 Uae sal ce Veda feu aust, star as ZaRT TART ST | agetrar sit Hearst 32. adam Al aes a Ber at HR Sah Ree arial a feu ala aT Waa Sa H BeVA FT as aa ols fafelaAH Regeled) HAA sel SorTM, wa 38 38 Ta H WW sR et oe fH sa A as Tae aegrdg (afeaiferat) Bafa Hee oraenat & VS fhe socket A AST oretrHet F at ar at et aor et AT Sr Ler SF aT fee Stet aren aT | WNT 33. (1) xearevi A at es feet oa & ae oe oh, frafefaa at aos Ale STC,- G) Weetear #1 At ata arel HidawH Al Ueatet; ZI 46 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] Gi) Side GaN Sa Heals H aed at as sWeTHN, Veda feu av atdidat 3x Ger feu aT Waa | (2) 34-Teferaat (1) A aT rater Thar WaT F, SH Adale Bdaw Fl Vea sat Cat sett Ut atest A Aga a aigeia ael Aled a Geer, ae,- @) Peet Wattet a sea SaA STH Sat (SAT Sere Ha) oe BT; (ii) Ida at fea wT A Ua SAN te (fSerellen Biel) H fav aeAfa & at a; a (ii) Sdamh GANT Adoletn TT A HS SeHN al as (erecta Thar ara) @t | Hea - VIL frqER zee ferent Br 3Teew 34. (1) Wate wae & tao qant Ao Ft as fase AT ect ane & STUN NR, aia Harel aT fersenr sa Bate wilt car seer Uta ate fat sive, fara aAat ag faaiRa wretarél Tet LET aT | (2) fat are A rear a ueda feu aw fate & sidea, fafa 5 & dea OI FT as Yea (fea) a fafersa 27 & aga ANY Hr AS Taat (aiea) & Ae A yoraiices Aqeat ar tarot feretita Hrareét feat & foe sree via ater, 3K at Wraice aerat & tar cart Asx ct as ferqee Ar eet & sera VRe far svar | il (3) sat fafaaat & aga WIRea fee sret are feroen & sneer A, Hla as & sat fer areal, aytcra (aidaical) A Aafia Set reel wate a uitefaat Fr sree et aresit, Je Sara sean fer aida At FaT- FO wget fears (Vie HS Ager Pear sar sh), HK frger Ar eet sie AT atetHR At ay sree | (4) aia a seta AA & dee A Ra fae mel ale fren & area A, eset BT A a Hycsat BT A, Bide AT ues SHiey eT ft oval, rq saa eyes Giaacal) & Haile Set plefelh wratratt al fae én faah Sedda Hl BIR ada UW at | FUMIE (EseFaa) A SAAT TUMTT F Aaa Te el Hrlarel H ferqer Hr Wiar 35. (1) 3a fafaaat A sho sar ae %, 3a osex TaeiRa Harel & eee Q aaa wat, Gat saovat & Arey, TARA (elsstetea) UT Seda FTAA H TAT Tet Ter Pet Harel & ferger gq feu av Maat & AAA A AB Bey | (2) face ar veda (ferme Ar eet aife & are) ua fecer Fr aA a STAT Heel H fee seftel A FIA TMAAT H AAT TET IVT | farmer & seer Fi atelier ait sa THe Hear 36. fayer & area ff aie aidan at Ff ares 3k aT ats Fr Gaaise W at wetsta fear Sree | 48 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] farce fr Shirt 37. get fafetaat A ct gg feel aa & ata ee ai, sts h ure, Prat at at & carder (isteghet wp st shit are freika uch sr ei) & fer, fren Fi chia (forest fave Fr edt aie fala Fr are) art FH erisa ari | easdrroy,- fergent Ar SAA H ded AN fe are are faget & aneer aR A Be Atel Sven fH ae seer set fafaaat & dea ay fear war faget HT He es | Hea Tat (1S oe) He arn a gat eral WT fersert a sneer wr sat 38. (1) get faferaat & aed ARNT fear aa fever ar area a ct afta WH (foraenr foish fever a see A a et) @ Asda fet aad ara A Ud & ak w are een ah a & ag Ha UH AT ase S Hea Tait (aS Orel) & sft wt HEX See | (2) Set Hrs aidan (Tere fervent ar aieer fo at) fee Afae ar versie aprdarer A ate (fret gat cara & urer-are) at, get Ca aay cafea & faern arta! ar fsent ata Baa Balla oft (faa TaAar fried Herat det él Bl), Haw H Hae A a ae fecqiayi ay THT, Tel ah Ft a aed & oe at Aisa ata H fae Tet at | (3) Ba an terse ar wee te a aX aT AM, da aw sat Pca ar sdah WL FT 3X Tse Ye al aidan at fae fave H sneer w frst BUT | (4) ster feet cata at fervent ar tar ats sree fae, frea aa ga (Bwiec) ate & Base A fet qa calta & sae FA fecoferar Fr ag @t, det tar seer feet Gat cata & farm wae & ak a aed otel Bret | [art Il— ave 4] ATT BT UAT | TATA 49 (5) ufe fed arden & dae A ian 34 & aed faven aw Heer oa ax fear sitet 8, al qee calea (ait sa fautita areal A araan & wra-arer alieh gi) SaHT Sao SHC GE ae WT AHA AW AE aad sel at Had fH sid Hae! A Sq WT HS HAT sel TSM | fate Bl Beer Te Hla 39. (1) fave & sneer a faa ed ane ar fam a, 3 Haan 38 Wd HT Wea a at UT xt sex fger a sneer TRa eet & ale fay sit aaa sts Fl aero A aE ae HT fH sidan + Wg 3 Ael-aer STAY set Et F (Seria vet few B) ar Rex fer FT Tail (3isxe fehar) a after 3ife & caer Bath adel (dat) ar Sectaet far ¢, at ta H PAGER BT see Te far st Bea, HN aS ae Heal Ue HT CT a fet SF ye at ae, fora ase A fase ar sree Ra ear Ta aT | (2) fermen & fet seer al te ater S Geel, 3daw H sts H TART Gears HT HAL Gale Thar SVT | (3) oa ot fae ar als seer te Tear aie, ag sa faferaat & ded Her A as ars a rea oles ael areett | wearer - 1X faferer aeaaent AY WIeltaar 40. (1) ga fafaaai & aga fervent ar ara & day A veda A as BAtA saan sik ft aS waead dai & at A Be Are Sea fH Brera fesyent Safad F dt as F sik ware aft Meza Hofad A Fr ag &, HR aie see AdatheH ater A aS Mt siden wW ufaHe Wa ISAT a, at ta 4 a aaa ael Fr ares | (2) aie Hig sided aR aX fear ome a ame a fea one, at tS A OT Weda Ar ag feet orerart at aides Ff HN A TW TV var TK, fel UaTea UT FIAT (CissAete) H TAA, at at fra War 3K at Gl See ad & dk WW Ger He (3) so-faferra (2) et alel ae Bren, tel fasert ar aren set fatal & ded te Ht ST SIT | CTSA. AG Haga WEA fe ale & ale feet cata S sett Wed eet h ale feel ata HT Var deed St, al WA Seton, ae ae age Fl as a wa Ht as a, afaa A oT Geet Gel an seat Mak ap dt wx se cea a a | afocisat at qx art Ft afta 41, get fateraat & watiet & area Hl oat A seth ore amie slet HT Aa aie fret axe FI als Hides TV, at 3S A awa & fou ats & ora oat (Sepod) ar feenteideil (nssasea) & ART TasraT BINT Ha HR TAT ferenita peat Hr erfea ateft | Be Valet Bite FY aritr 42. (1) WQialice aerat ar tae sot faferaat & sea & aaa A atk Mh dt & ded at st Sem Gash sre, feet st art & dau A aa Hf as @) Sel 3a ae a ET are Ar sia atte F de a sane feat ar waa a da et, HK [art Il— avs 4] IT BT UAT | TATA 51 Gi) Tet GaT-Aarst sr ee St SRT A WW A el WAT Br, ot saan & fraser S TT I (2) sa-fafrara (1) & sea Tasers A we Mot Hr eita fafa A(1) 3tk 5(1) A sears 7S Baa-Alar sere & AA A ae] ae eA (3) ater Fr Geen (fea) A fren (Meas) Hl CHa Hey Hee H fore al aaa fear aa et 3a ag Waa sat Fl Aer Al one, atl CH A qr sees ar tae fever Fl ag tea wp vided an sai Bea, 3 Bear sf sa ate S sae S Sar ae BK feat HT TAT a fear sea | Gina A aralt anf 43. (1) farce ar als aff sneer a fase & adea FI ais ait AAS, wiser A a fase # ed ane aa fee aa A eT Peet Ga F 3M We ar fhr HeMI-V & ded fet afAafa A wis Ve Gel ted Hl ase a 3a ufafa & sea A él feet Get A ase F 3rres ae os areal| (2) oet fase fr ert anfe A ars faaaria atet Hr aate A Piel Tea Fr aaant Tel Tel Sl, HGH GE THA Hel aA Ht, al VS A sa fafaaal A at eg alg off ote ats a fervent ar sneer We Heer A agt Weal | (3) 3iden siftert ae & Se dae Sa quell (Gax) A st Tea Wee ot ae A als Prete prelaret ee eu ote BT ANT Ta Sey AT alae ems fru atet S as foaee sik afta & ase A seh can far av al, sik ara & af@ent ane & aaa dati sa gael (Gax) A aft aTeA 52 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] TEM, foreraT form HepA-1 H arar-w A few ee kr 12 & sa-eT (Hy, (5), (@) aa (S) A Thar ware | TUSLT.- MHI at Hie b foe, ye Tse fear sta t fH sa faferrat a ced Riel Tea AT 3k WAT SI Sell THA Alaa aT after een, HX fort Secteet & Hae A MeiRa arlaeat ae Fr WS et Sot Sectuat Ar date A faa Aare Hara aren e a fsa Thee Cel TA Bt As Ha st saa TAM A el Wie Atel sree | Yea det Waal & aga da wt wriaiear 44. ate oY faferra 45 & apa anda vicaa sik farsa ats (fercer Taeit apraieal) Tatra, 2018 farce et ore, Pax sit set faferaat & ary eet Ar ante ae fete a at sdeet ats & ors aise et, Sa rare! fara Al Seal, 32ite:- @) fat afea aideat & dae A Wiese gard & tae a ferme Al edt anie & Ase A use ef AaRt & at at, Tae Falla arian Sel eet sea FT sTvelt, forth Foe refers Tact + tert at Nie wicstia sik fafa ats (foe Aaeht arrange) fafa, 2018 & aga & a at | (i) Tara aieta seat & Gar A scale wed Aenean alata a suet Pawel & ar et, fa ga faftaat & any eet Hr atte aw q faa qraicae daca & tao can Asx a Ht as el, STH aay A siden Hl ag fawod fear sive fe ae, ats A Gan (atfea) wee alt Ar adhe & dre feat & sax, a at sat faferrat & ded av ft & asta dere Fr ar at a fer seule Wed Hea AAs cant ands vfaafe six fafa als (fase Hae wreaean) fafaa, 2018 & aed fagent Fr rach wea Fr Taare Ar 1s sf Ag TH Heal AX Be 3daear W Hla Fr Met HT ALT HL | [art II— wus 4] ATRT FT UIT: HATTA 53 (ii) Fret aaa sideat & Baer A semen wed elear ufafa a aa an als faker a Hf a, sah Ga A sot fafesal H aed ade at Ax F aah Bafa Fr dow gerne Ar srveil | Ted H Watneat a farca ana 3 sae aga HM AS Has W HAT A We 45. (1) ga faferaat & ony eet Ht ate a &, areca vicar sik fafeaa sts (frgert Beefy wrrarear) faferaa, 2018 ferret Bt Sey | (2) satea faferaat series) & SH WHR fee Bt Set I: (*) andre viesia sik faftaa fs (fryer aaet araear) fata, 2018 & ded ant Ar ag Baca ferget FT Ade (Aiea) & a F Ue Alea sea fe ag Geet sa fafaat & sean aN FI ag zB 3k sae wae A areal set fafa & wauieit & apa Fr oiealy; (@) ainda vies sik fafa ats (aerate 3k fala arerarigat ar ferent) fafaaa, 2014 aa ander viaaia 3k faiaaa as (fer deel ariaiear) fafasa, 2018 & asa Ra feu av fave & ust areal & at A Be Aten seen fH a sat faferaat & ded URa far av 8; (7) andre wfieeie sik fatraey ats (ferret dae artartear) fafa, 2018 & 3eqan ats aan Aida Hide alata sik scare wea Forean aaa & at A se Ate sven fee Sete Set Sot Tara & ded far aa 8; (a) snxdra vfsefea sik fataara as (frcet sae arlaigan fafa, 2018 ar fam art feet sit quay fafraal Ceara) A HT Fy, al sae at A Be Are sie fH sa fafaaat ar a fw eT eT EI 54 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (ataaa 3 ae) a - h [fatererer 3(2) 227 wet fete & fre 3aaer (hdet Haas & sedate & Ter) Heaeat Wc Blt AT ANTE : seeat Al UaeclaeoT GET : [sryeaer wait favor (foretat eirfeter & - fetereret apr FHT THA, APA FWA AeABT HR fetter Fi Weallda THa & saR} & AIT HAVA TeT) HAT IR SE aAet at Side her fear ATC | aero of Bh Heler AEF aT Aer’ Fore |] anda vice sik fattara ats & aareat 1. sidan / Ue-3danl a aA / tS aA: (m) Uioreeeet a, ae ary et: (G@) woreeert FT antag, ate al a : (1) Ya / S.308.Ua. / P3S.la. Te (at ah soeeer Bt) : 2. fe tein sent Bi, Al elm Ussdst HT aa: 3. afe wiped cata (HUNISsS Wet) Bt, cl Sa tei slat ar ara fore ure as GU et 3 tele Uae aT aT: [art Il— as 4] IT BT UAT | TATA 55 4. Fen (sites) fea ae Fr 8: HRING sist / Ater worse / area / Wave. ty. safe (ate fefees await at, at featecar & sah): 5. dal / vara @T Vel, Goh Fea sik Sha (ae sRiea SAN A as sacna alc @, at sah area ats Ht ata at are): 6. Wh cai (aitaat) ar aa HR Gah Hae sah (Aa alec): 7. ae faeiita areiad, at ats / wisi. / feet se & waar cet el BT (HIT sare): 8. ag faeika wrladl, ot sts / wait. / feet sik gant WY at at as ef (Poa Fae): 9. ag Ame (a Arae), reas (fees) Set a vs vat corel) a, AR ot feet FURMIT (essyaa) / Feet qUt SRA & AA Det Tel Bt (HVA Fav): 10.feat Geet vader (SHIA) Vote & AAT Dor el Harel, Ble HIS sr: 11.3dan & Paar aS / U3. / Heal H Tat Tet el / WT HT oft aS Gat HRasar (ete Sant Biea) sR qar sak, aie aig gt: 12.38 HRT Fal Hae (et Hit Aiea) / BAT / Bae ania FI ana, foras sa Tafa Aaa (lst ZH VFeet), Ble His sl, Hr form fear aa et ras Mekaer A fase Fr ate Ar 7S St (PIA Weal Aerset HX)": 13.fadika arfarer fea ar wn afaa 8, HR ae & as a eaeaievian afta (asapisiear siiftrax) gant wart fre ae Uaras & Haat & alt, aie as ez: 14.ccat Fr GA- SHT BeT-ael Severe [Foray enfser SF - Ale (Piet HH Vat) & feetse A fence Heres Ba, fae Ae HART AA, Tel AT Hel Hr 56 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] wear fect Ter, HE, Gelli (Stator), Hated ane & dk ww He Praelt tHe 15.e08¢ a ot aene aT amin : 16.fafetaat 6(1)(iii), 6(2) HR 22(5)(a) & Baer A ache: 17.3deh GANT Wealadt ferret Ar ect se :- () Sa Hepp & saath are vise fafa 10 & aepan fren Ht TH Fs ferprel TS [SA: eI UR (AA HATSc), Heal Hr UO, Wak VET theret (Aas & fer a), dfadt heer (aaa A asinar & feet |), saat theex (AA FT aeNAT Teer Atel Geel), fAfedticar theex (Arar Ar TNA Fert ate yee), at ef ae] aN (@) Test RH HAT AL Aa A cre AT Ha A felawst A seaT ae ThA, Sel st AIT aera aay et, Fr ales (fSettsl Hr) set arety THA:- (1) INIA HEA Foret 3iX fat wae aife HT Wetet tel S Tater ect: 18.1GU Set Aer Fel SEATS | () Feet (3stefehat) HN arent snie & caret Hatt gaat (Sax) (HT-EA frwIRa wile a 3A) | (@) wfeaR-sa (ar Hex) / AS HT HHeT (aS Talley) | 19.f6R Sel ate eT atardait Ar Eel (}) SA PRT FAT Goo (et Hot ACH) / TAT / FIAT / Hea Hanzi (Aiea) Al Oi, Haat 3a Balsa Ae (Hist ZH Weert) [le HS Bt] Hr few fear aa et, fora ater A fsa Fr ater Fr aS Bt: (@) tat ars Ar via / saseat / Hansva H alt (ae ardaw Hiaanht anda al, at grate A sah = 3k ter A ariktaa a asfaa acaaa é, fe we BN); (emer g} (7) aie aidan fret aae eer Ar ast SNARE sl, al JA aot (SAHRA), PNA F Tle, SAX Aer faeces ata ch feet fatraaeH wienwr Vsyeett BATE) A Per Urea H salt FI (G) HIS ST (ERX) Hala atardat / aT | (saan & FEAqaN) 58 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] eater FE, cennennnmnmnnnennninnnmn BL | AAT 1 GET cccsesnmnnsinnmnnes SBT oa / ar pt / (SISt @RINE & AAS A) Slt H ale, VACANT eaagdH ag ys ata/arch F aE sae SR saa at aS std AL oTetHNy vd fagara ae Rais & HINT FET F, 3 ag fe Aet Hy Acca aa aet fSoe gs | A ag a snearaet eave & fe 3a ats at 3K wet ga AN staan J ane, at A sae aaa als a fact fet att & & danidett | (HIdah & Seca) anna: Salet : [art Il— avs 4] AIT BT UAT | TATA 59 si1-@ [faferrer 3(2) 2a] quer (xsrefer) st arent aife & ar aaell ade (Aart) wate [Ute sda CaN Fas WAM ath Wea fee oe Atel Hace Gel Wedd far ster arent quer faa ST A Cee Mow Hel HLH Wedd far sy] AEA, mene (MAH), WS H HAA Wea ee al WS Aes sided AY oT arta SK se fra axel & forw ered & a W, UaEaNT Be BVT HA/AA F | ata & fe Area aera se sik ae Tat alec E / eat S eH: (1) Fer oa ge & dae A scaed Hela Ue ated H Sel H sarily sie afar a ClaRdeend € / elard = | (2) Hen sa Ta A a asa Se HN ae aaet calle F / at F fH fers sr arial A st sft aaa aden ag, AVEAR Teor, Hs Aree Harel (aie als Sl) AS Hel A ANT Wael A SANT Uw Het H Taer A TReAeT (ferfFeetet) #1 staf a dfaa (aie ars eh) faarerd aaa al ret sive RN sa Baer A feet ate Ar sroicd Soret & sae SHR Ht eT (Hl da) Haat & / Fa| (3) Bat sa aiden & Raa A ofa feu ae front & area & feat Seceet A aie A a & daa A AVA faorH sod Tel fHegt aat & Par F PNaS HC ATT | 60 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (4) ferment & aiéer fr ars sft ara fet Gat cata at Paegl Gar Freel wratreit & HTN Sas (SY Heel wauet & sepaR Car cafea AVSAR fara tet Al Sha Sl) Her A ater Vere | (5) AVE qa Walled froer A a at feet casa [at sa artareat A ar (are) =F el] & feel Perch arfreni anfe wx ats arax usa 3h a A 3a HE forot Hirer aife era | (6) fervent &r tar [ferret are ariarieat ox gu wet anfe (cafe aS eh) A THA at enfaet 8] as gant feraiRa 3arafer & shar AVSAR cant aS a Het FT areatt| (7) ferret & area & ak A ye Aas sien fH sah Baer A sda sas 3 fafetaa ats [venraias sik faa Hrtareat ar frgert (Aecc)] fates, 2026 (HHS-FAT W sear Bella) H Wael a oes Phar aa ¢ 3 3S Fea AL HAT SATCSTT | (8) Alea Uend Se fe fervent ar sree we set & ae, Aen, vera wT a aT sycsat BT A, ats & feet faved (sad soca fave & anes A Ras fran aren feces emis 8) PY sede ad EU al ye ROT sed BU fh fT HT 31eet ALA W area al &, a al HS GNas Heon/Heett / Het, a él Wdotan aX Ww ta as saa at Hermes / att HR a A ter fee Stel Ar seat ganieait / sar (9) Alga WASNT Ae also ataiatch F / aXe FH AVEAR cAI Wea few TU ade (3stefaT) 3 3fant anfe & ana Hae gag (sax) Ar ats af Td (i) AVEAN Fa ie at Gath afacat ar vwenfaa al Hit a Gi) AVEAR 38 HER HT vaTiad ael He ford aed Aves sa Away H yar A 3a ala & var A ar feet que weet wreiad, frat ats wa oe a 2, ar A feet career ar aT aeal HT ENT of Ahal/aa SF / Tt THF | [art II— wus 4] ART BT UTI: AATATRT 61 (10) 4 ga sat fafazat & aed facet & diAa/sees S ‘aza & ferent sin fate & fesast at edenardand ¢ / titer e/ a at al ava & forcast 3k fafer & ferspyt at tiaRardreand ¢ / edad g/ 3k a ef Fae SAAR AAA & / act S/(at ait rey at BT Sa Hie @) , HN Sa Bae A Perse & wer {st andra ois Hy fafa ats [oeratetes 3 tae arrarigat al ferret (AcetaAc)] afer, 2026 & sepa We fea are} aa ss caNT sa dau A ant feu ave feeniscelt ar ete (Aho) Us URGat (sgsegea) ater h fear Ge | (11) Agar fever & areer (fsa TRA fear at wea &) A far eu feet Ararat & Gar A Oat & far als Heel Hales Hier H Het HI Hl AT FRAUAA & / HEAT ST | (12) Aven : (@ azat & fersnst six fate & (ferent ar; (@ TS UW aS & Hat alent & Baar (Harel FT; (Heetas & ae AY BAC Visvarst aaell sil aT (; (aaaten ar / eae a BAT ster / KAA OT (; (S fateaat & OS wate a (Gat Hee ware (fsa feat & caua a Hate reel wate sit anise s) A Aaa fet soil a, Torte set UE ANA st Ua et fH ae Val & feet vars a ae a ara (fFarast frcert Fr Hrvarét sir efter 8) A enfHer set S araar ay 37reer, Wa, aa & fasey, a fafa & fasey & aaa A, araRke ara, SURI Wed Peles Bais a Pras Tees & tara Fr Teresa Pe UT ST Ua sre cat H THe F; (A(T sta arial at san fret ees & fergent a frat Heel & a a asa Tast ® 37a wt Sa, HaHa a seas wed AaeaT aiAfa & verry frcra ar yd fre & aaa FA A-on Geel atoll fet 3tolt aT; 62 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (B( Bie srdee ITER a HM HT Seeded Ha Bl, at Harel HT ew HET a aan ee ate h a A uaa (fefAeet) a afta F dalla fal 3toit ar HY Caer HATA F | / HA G/ (13) Area ferment Hr act & A Ww ae Fuet cave F / act S fH Area, Weaat wT A A socaat ST A, fret Be-3z, Aaast, Sar Hat & afte fret wfagid a at S et het qaet ufagict Ar ater sel Heer/peeit / Her | (HTdah & Sala) AX WAT [ATT Il— wes 4] ATR FT UST » HATA 63 at - 7 [FateraA 3(2) 2] ak ik a a a i Iik ik ei a prem Renew are i «aS gant fereiRa Hrtaer & eset AH rareiflexeey (lseYetet) aT fare FAR PRA AH HT WAT Hie Waet # AAT A teow ae aie artaeat Hie WT BU ae Fi Ter | ** Beattac bY the (falta 20 % HAN Sala FY THA % ATE) | ET - Ul sTTa-ah (ateraa 5 ae) hide anne Wal aise / ora & ahta, aindrr ufaayia 3k fafara als (Ad) A ueeht ae A A ae Ura & fe soe eet ane (MarR) F Halla Hee watrat wr secieet ar wo. WF fea are wae et | qatet (Gated) wT 3eade Ra sar Far Water ¢ Te 2. 3. oN favay Oat HITS, Seah SER (GAT A) Goa F | ararel ee Al st Hebi F at at teh ot Teach 8) H aed ara ae A aT Ud = | 3. 8 Yet (Aiea) & ARG args ye setae at at er S fe adr wfastie Hin fafaaa ats [peratern stk fafa arlateat ar favent (Aeedc)] fafa, CeresAY 2026 & ded, 31 Ye Peat (Alicea) eet Fr antag SF ale fect H aiex, sRlra Hae & ferret (Acc) AY AT Het FT Hae HT Thc F | a Heder W aNdte vfceia sik fatraa as [oeratia sk fafa aeaear FT ferent (Aca) fates, 2026 & aeqan ak fear are | Glelfe, Cate Ff As Aer (Alea) aed H He haat Hae Hel AT A Ge ANY sel Hac fe age Frac A feTeRT et é SVT | 4. sa qa (Aiea) A ar gs feet ara & ela gv af, 3s feore at ara ae fer oer He at HRT (ast) cae ore FY aT HET TS B Tae aS ae Ue al daca HX Wha S, He Sa Fae (Aca) Hr Hay ae srl a ferpten aie fe saa ace facent fu aa Ff ArT aa aT HS afer fAa AAT & a fire as cant ye Fr as a ae FT oe are feet GNas A gad wT als 3flear fet ara z | 5. fe fAIERI ed Aldea alo feat Hr stair (forse forw SIT far Tar 8) H alee Wedd ael far srt, dt te A aS Sep waned & sepa HTH fear Hig Helse Me AL Aha F | aA, Uaea 3X Seca 66 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] siTaT-@ (lateaa 27 #2) wie ane Ual Hise / sitar & ake, ainda vicaia sik fafa ats (Ac) a weet ao a Ar ae ara & fe acer Ment sre (AryRea) A WaiVa Heel wae Hr sects fear @, forte sat at far are é: w. a. oH fra sree waterST | Ate (Geteet)FT Sead rar war Fa Wane = aee ee ST TersHy BAe 30 F, Sotch SENT (GAT A) Tosa F I _ aR aret eRe AY oT wat ear ART Tat aT wa 8) & ASA HAA AK FT ST andi & | 3. Sa Yoon (fea) A at ey feet sat & att ev af, auch Paar sit array ae feu otet 3k at ANG (Ae) AT ated FT ala HEI WS F Saat StS Ale ae at acela HX Aha &, SN Sa Woe (Aiea) aT Has we HI a fare [art II— wus 4] ATRT FT UIT: HATTA 67 aie f& sae arcal facent fee set Ft AT aka aT HS Hie fA aa Fs ar fer ats cant ae Fr aS A ae A oe are Peet Haig A Tad HI HS sear Fer wea zs | 4. eres andra vies sik fafasa as [weratie sik faa araieat a favert (Wease)] fates, 2026 & farsa 6 HT al Oetel Sto SF ater, PHT af saa oft arial ere At oreeft seer fersent ae ra st Ahad v Fs 3, UE Fae (Aiea) oat Ar ankra s cle feat & stax, seca wfc 3k faa aS [eraiae ai faa aRhareat ar favent (Aceic)] faferaa, 2026 3eUe-ll & aed MAIER Sd Hadad Wedd ax & HN fer aca wieate sik fata ats [veraten sk faa wrlaigat ar feryent (AecHe)] PAPA, 2026 Foe (WIEEMA) STAR Ast H Aer ferser Fr Wael Se HT Wet Hit A Hafli Fett eat ane ar Faw afte Tar aa s 31 SetHT UWetes HL af (ie A ae] | al): (ii) enone (PIA FET eat se Hr sf SeerT wk) 5. Ufe ferret sd sldeet arieer aet rar set F A ferret (Gece) AY Ha Zar ae AT ott & SINT FUNIAH HEA Soret HN Wael sie Hr ete HLT A Uae wet & Mae A aeet (HexeheaT) Wed Al Thar sar & Al als & ITA Uavaqe BT A FUNIAh HEA Soret SI Wate sife Ar Weer Bet A Saat eet HT Veter aMl ar aa F UT fersert Fq eat TA Hacer aT a fea stat 8, ct CS A raita Harel ee Ar or Tehsil, 3k fet sa Ara F ara Ha & Baer UOT A et fey sd Bidet wea ate AT zeae eri| aa, Tara six accent aaa - UL (falta 30 28) weeisa FT Beat Wet & feaw ardat 1. Wasa HT Hal Tet H fee atdaet Sa wile A ar ares, al adam fore afaeitcteth Bt sie forea freaera area sit ab sire, i, Heche A sah Wied vidas & area ata ak w Ft as aH A Mae Hea cafeaat (fete Tat st) Hr aA ZN Var: ii, TA-CaaER se & few sdaw HT Gat [frst qAaTS AEM (celHley aa) HR SA 3aife as entaer sy; ii, AAA YH faega faa, forse ug aft secre et fe awaa Fa er Ik ae Heda eae atel fee sawn Tar: iv. eh Aa He Ye fear HN He AH ANT TST; v. sae Ar oitetertt A fot cattaat Fr cherra Ha dH Heel arr qrHarsit & Ae eV (fst F cafear sit nfs & fateh Acherera sean Hr 3 S El @), 3a BSN cafeaal & AA, saat Heal, Sah HAs wT Tal 3X Het Het st Tea BI, SAH WN H Tar; vi, GSR Reto, SRA A Meet (ae ars sh) & fear, fer yer Ha aR oy feu 1e sect ATAc A WEN AMS WS A AER Ae HT Hay 3; vii, Gee FT Hey Wel & few dea & Bata A fav ae aga Ht faeqa wet (sea ug seca at fe ear wa waa Pa axe aT 8); 3K viii, WIS GEN Asccayel sieareHny, star as gant fereer fear are | (sda H SEAyaA) 31deah (Sst PRUNE) HT Terea HK ART (eres) Teast FY, cessuttunestsennnenn AL MAA / TAN ennnnnennnnenenees BT OT | AT TA / (sist HRIR] & Alaa F) Glet ald, TAQART WII ae yise aaah | aE ade HR saat at ag act AL oerHt wd farara ae Rais & sean ae fe 3x als a 3k cet oa AN Tat A ae, a a ses Ta Ss faet feet att a & daneett | (sda & SEaqaiz) ARTE: Slot : 2. aaeaat BT wey Wet & fee feu ae sided & MA HAGA H sT-w H ITER Fda BN AVGNT HT AMT Hel Hae Teter (aX) if Taney ey | are sara, erates freer [ADVT.-III/4/Exty./372/2026-27] 70 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 06th October, 2026 SECURITIES AND EXCHANGE BOARD OF INDIA (SETTLEMENT OF ADMINISTRATIVE AND CIVIL PROCEEDINGS) REGULATIONS, 2026 A regulation to provide for procedure and terms of settlement of administrative and civil proceedings, and for matters connected therewith or incidental thereto. No. SEBI/LAD-DOP/ 2026/318 .-In exercise ofthe powers conferred by Section 15JB of the Securities and Exchange Board of India Act, 1992, Section 23JA of the Securities Contracts (Regulation) Act, 1956 and Section 19-IA of the Depositories Act, 1996 read with Section 30 of the Securities and Exchange Board of India Act, 1992, Section 31 of the Securities Contracts (Regulation) Act, 1956 and Section 25 of the Depositories Act, 1996, or any statutory modification or re-enactment thereof, the Securities and Exchange Board of India hereby makes the following regulations, namely:- CHAPTER I PRELIMINARY Name and effective date. ; 1. (1) These regulations may be called the Securities and Exchange Board of India (Settlement of Administrative and Civil Proceedings) Regulations, 2026. [TT Il— ave 4] ATK BT UTI » AATATCT 71 (2) These regulations shall come into effect on the day succeeding the 30 day from the date of notification ofthese regulations in the Official Gazette. Definitions. 2. (1) In these regulations, unless the context otherwise requires, the terms defined herein shall have the meanings given to them below and their related words shall derive their meaning from the terms defined hereunder, — (a) “Act" means the Securities and Exchange Board of India Act, 1992 (15 of 1992); (b) “alleged default” means any act or omission resulting in contravention ofany provision of the securities laws attracting specified proceeding; (c) "Board" means the Securities and Exchange Board of India established under Section 3 ofthe Act; (d) “days” means English calendar days; (e) “High Powered Advisory Committee” means a committee, constituted by the Board under regulation 23; (f) “Internal Committee” means a committee, constituted by the Board under regulation 21; (g) “Panel ofWhole Time Member” means the panel oftwo or more Whole Time Members, constituted by the Chairman ofthe Board; (h) “report” includes examination report, investigation report, inspection report, enquiry report, audit report or any other document containing fact finding by the Board; (i) "securities laws" means the Act, the Securities Contracts (Regulation) Act, 1956 (42 of 1956), the Depositories Act, 1996 (22 of 1996), the relevant ; 72 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] provisions of any other law to the extent it is administered by the Board, along with the relevant rules, regulations, master circulars, circulars, general or special orders or guidelines, made or issued thereunder; (j) “settlement amount” means an amount determined in terms of regulation 10 for settlement of specified proceeding; (k) “settlement term” means the terms as referred to in regulation 9; (1) "specified proceeding" means the proceeding that may be initiated by the Board or have been initiated and is pending before the Board; or any appeal pending before the Tribunal or the Supreme Court, for the violation of provisions of securities laws, under Section 11, Section 11B, Section 11D, Section 12(3) or Section 15-I ofthe Act or Section 12A or Section 23-] ofthe Securities Contracts (Regulation) Act, 1956 or Section 19 or Section 19H of the Depositories Act, 1996, or any statutory modification or re-enactment thereof, as the case may be; (m) “stage of proceeding” is the stage at which specified proceeding is pending at the date of filing of settlement application, as referred to in regulation 12; (n) "Tribunal" means the Securities Appellate Tribunal established under Section 15K of the Act; (o) “year” means calendar or financial year, as applicable. (2) Unless the contrary appears from the context, words importing the singular number include the plural number, and words importing the plural number include the singular number. (3) Words and expressions used and not defined in these regulations but defined in the Act, the Securities Contracts (Regulation) Act, 1956, the Depositories Act, 1996 or the Companies Act, 2013, or any of the rules or regulations or master [TT Il— ave 4] ATK BT UTI » AATATCT 73 circulars or circulars, made or issued thereunder, shall have the same meanings respectively assigned to them in those Acts, rules or regulations or master circulars or circulars or any statutory modification or re-enactment thereof, as the case may be. CHAPTER II GENERAL Application for settlement. 3. (1) Subject to compliance with the requirements of these regulations, an entity may make an application proposing for settlement ofspecified proceeding at any stage ofproceeding. (2) The application under sub-regulation (1) shall be filed with the Board in the Form along with the undertaking and waiver and the basis of computation of settlement amount, as specified in Part-A, Part-B and Part-C, respectively, of Schedule-I. (3) The application made under sub-regulation (1) shall be accompanied by a non- refundable application fee of rupees twenty five thousand for natural person and rupees thirty five thousand for others, payable through the payment gateway provided for this purpose. (4) The facts established against the applicant or admitted in any ongoing or concluded proceeding in India or outside India, with respect to the same cause of action, under any law, shall be deemed to be admitted by the applicant in respect of the specified proceeding proposed to be settled. (5) The applicant shall make one application for settlement of all the specified proceedings in respect of the same cause of action. 74 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (6) An application that is not true and complete in all respects or does not meet the requirements of these regulations shall be returned to the applicant along with reasons thereof. (7) The applicant whose application has been returned under sub-regulation (6) may, within fifteen days from the date of communication from the Board, submit the complete and revised application that conforms to the requirements of these regulations failing which the application shall be deemed as withdrawn. (8) Where the applicant is an entity which is not a natural person, the application and undertaking and waiver shall be executed by a duly authorised person who is the person in charge of, and responsible for the conduct ofthe business ofsuch entity; and the same shall bind such entity. Limitation. 4. (1) Anapplication in respect of settlement ofany specified proceeding pending before the Board shall not be considered if it is made after ninety days from the date of service of the Show Cause Notice or the supplementary Show Cause Notice, whichever is later. (2) The provision of sub-regulation (1) shall not apply in case the application is filed when the specified proceeding is pending before the Tribunal or the Supreme Court. (3) Settlement application for settlement of specified proceeding pending as on the date of commencement of these regulations, shall be filed within a period of ninety days from the date of commencement of these regulations ifthe settlement application for settlement of such specified proceeding was previously, either not [art ll— as 4] ATT BT UAT ; TATA 75 filed, or if filed, rejected, returned or withdrawn under the SEBI (Settlement Proceedings) Regulations, 2018. (4) Settlement amount for application referred in sub-regulation (3) shall be twenty percent more than the settlement amount calculated in terms of regulation 10. Settlement Notice. 5. (1) Anotice of settlement in the format as specified in Part-A ofSchedule II, indicating the substance ofthe probable charges and enforcement actions, shall be issued by the Board prior to issuance of Show Cause Notice so as to afford the entity an opportunity to file a settlement application under Chapter-II, within sixty days from the receipt of such notice. (2) The provision of sub-regulation (1) shall not apply in case where issuance of interim directions or prosecution is contemplated or for cases which are covered under regulation 27. (3) The Board shall have the right to modify the nature of the enforcement action to be initiated against the entity or the probable charges stated in the notice referred to in the sub-regulation (1) and such notice shall not confer any right to seek settlement on the basis of probable charge and enforcement action contained in such notice or avoid any enforcement action due to modification of probable charge or enforcement action. CHAPTER III SCOPE OF SETTLEMENT Scope of settlement proceeding. 6. (1) Save as otherwise provided in these regulations, the following specified proceedings shall not be settled, namely:- 76 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (i) where the settlement application for the same alleged default has been previously rejected under these regulations except where the application is covered under regulation 4(3) or regulation 7(4); (ii) where the examination, investigation, inspection, or audit, if any, in respect of any cause of action, is pending except in case of settlement application involving confidentiality; (iii) where the applicant is a wilful defaulter, fraudulent borrower or a fugitive economic offender. Explanation: (a) Wilful defaulter or fraudulent borrower means a person or an issuer who or which is categorized as a wilful defaulter or a fraudulent borrower by any bank or financial institution, as defined under section 2(39) of the Companies Act, 2013, or consortium thereof, in accordance with the guidelines on wilful defaulters or fraudulent borrowers issued by the Reserve Bank of India. (b) Fugitive economic offender has the same meaning as given under Section 2(1)(f) of the Fugitive Economic Offenders Act, 2018. (2) Subject to the provision of regulation 18(2), specified proceeding may not be settled if the alleged default, - (a) has market wide impact, or (b) caused losses to a large number of investors, or (c) affected the integrity of the market. (3) Nothing contained in these regulations shall be construed to restrict the right of the Panel ofWhole Time Member to accept or reject any application in respect of any specified proceeding, in the interest of investors or for the development and [art ll— as 4] ATT BT UAT ; TATA 77 regulation of the securities market, with or without examination by the Internal Committee or the High Powered Advisory Committee. Rejection and withdrawal of application. 7. (1) An application may also be rejected on the following grounds, namely: - (a) where the applicant does not receive or respond to the communications issued by the Board; (b) where the applicant does not submit or submits with delay the information, document, revised settlement term, etc., as called for by the Board; (c) where the applicant who is required to appear, does not appear before the Internal Committee on more than one occasion; (d) where the applicant violates or does not abide by, in any manner, with the undertaking and waivers provided under these regulations; (e) where the applicant does not remit the settlement amount within the period specified in these regulations; (f) where the applicant fails to comply with any of the conditions imposed for settlement within the time as required or does not comply with the Remedial and Regulatory Term imposed for settlement. (2) The rejection under sub-regulation (1) shall be communicated to the applicant. (3) An application may be withdrawn at any time prior to the communication of the decision of the Panel of Whole Time Member, accepting or rejecting the settlement application. (4) Settlement application once rejected shall only be filed at subsequent ‘stage of proceeding’ as defined under regulation 2(1)(m), ifthe reason for earlier rejection 78 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] no longer applies and such refiling shall be subject to payment of twenty percent additional settlement amount. (5) Settlement application once withdrawn under sub-regulation (3) or under regulation 3(7), may be filed at the same or a subsequent stage of the proceeding and such refiling shall be subject to payment of twenty percent additional settlement amount. (6) The rejection or withdrawal of the application shall not affect the continued validity of the undertakings and waivers given in respect of limitation or laches and the waivers given in Part-B ofthe Schedule-I and the Board or the applicant, shall be free to initiate or pursue such proceeding as may be appropriate in accordance with the law. Effect of pending application on specified proceeding. 8. (1) Inaspecified proceeding where settlement application has been filed after issuance of Show Cause Notice, the said proceeding shall continue and the passing of the final order shall be kept in abeyance till the disposal or withdrawal of the settlement application. (2) Ina specified proceeding where the settlement application has been filed before issuance of Show Cause Notice, the issuance of said Show Cause Notice shall be kept in abeyance till the application is either disposed of or withdrawn. (3) Filing of a settlement application shall not restrict the power ofthe Board to issue interim civil and administrative directions to protect the interests of investors and to maintain the integrity of the securities market. (4) Where the settlement application is filed by some entities only, the filing of such an application shall not affect the initiation, continuation and disposal of the [TT Il— ave 4] ATK BT UTI » AATATCT 79 enforcement proceeding against the other entities who have not filed the application for settlement and any adverse observations made in such proceeding against the entity filing the settlement application shall gua such entity be subject to the outcome of the settlement application filed by such entity. CHAPTER IV TERMS OF SETTLEMENT Settlement Term. 9. (1) The settlement term shall include the following, as may be applicable, namely:- (i) settlement amount as referred to in regulation 10; (ii) disgorgement of wrongful gains made or loss averted or loss caused to investors, as alleged in the report or the Show Cause Notice or determined in the order; and (iii) Remedial and Regulatory Term as referred to in regulation 17 in proceeding other than the proceeding solely for imposition ofpenalty. (2) In case ofjoint and several liabilities, disgorgement of wrongful gains made or loss averted or loss caused to investors, along with interest, shal] be payable by all such applicants who are seeking settlement, either jointly or severally. (3) Irrespective of the nature of the specified proceeding, disclosures, as applicable, shall form part of settlement term. (4) Settlement term shall apply to the person who has made the application for settlement of specified proceeding. (5) The settlement amount shall be credited to the Consolidated Fund of India. 80 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (6) The application fee referred to in regulation 3(3) and the legal costs, if any, forming part of the settlement amount shall be credited to the General Fund of Securities and Exchange Board of India as constituted under Section 14 of the Act or any statutory modification or re-enactment thereof. Explanation. — Legal costs shall include liquidated costs, as may be determined by the Board, in respect of costs for obtaining appropriate orders from the Tribunal or any forum and include other expenses incurred by the Board in any other proceeding before Tribunal or any forum in respect of such application. (7) The amount disgorged along with applicable interest as part of the settlement terms shall be credited to the Investor Protection and Education Fund as referred in Section 11(5) ofthe Act or any statutory modification or re-enactment thereof. Settlement Amount. 10. (1) The settlement amount shall be calculated as per the following formula: Settlement Amount (SA) = BA x (S+R+G+A-M) Where, ‘BA’ = Base Amount under regulation 11; ‘S’ = Stage of Proceeding under regulation 12; ‘R’ = Regulatory Action Factor under regulation 13; ‘G’ = Gravity Factor under regulation 14; ‘A’ = Ageravating Factors under regulation 15; ‘M’ = Mitigating Factors under regulation 16. (2) Ifnetsum of (8S +R+G+A-M) is less than one, it shall be taken as one. (3) The settlement amount shall not be less than rupees three lakh for first time applicant or rupees seven lakh for others, as the case may be. [TT Il— ave 4] ATK BT UTI » AATATCT 81 Explanation. -A ‘first time applicant’ is a person against whom no adverse order has been passed by the adjudicating officer or by the Board, and who has never obtained a settlement order from the Board as on the date of the filing of present application. (4) Settlement amount shall be calculated for each applicant separately and the same may be paid individually or jointly. (5) Settlement amount, where applicable, shall include legal costs incurred by the Board. (6) Twenty percent additional settlement amount shall be payable where settlement is in respect ofspecified proceeding under Section 12(3) ofthe Act alongwith any other specified proceeding, arising from the same cause of action. (7) In cases where the settlement amount cannot be determined in accordance with regulations 10 to 16, due to the peculiar nature of the alleged default or the facts and circumstances of the case, Panel of Whole Time Member may decide the settlement amount, as deemed fit. Base Amount (BA). 11. (1) Base amount shall be the minimum penalty amount applicable as provided under the Act, Securities Contracts (Regulation) Act, 1956 and Depositories Act, 1996, multiplied by the multipliers applicable as per the type of the applicant, as provided in the Table below: ‘Type of Applicant | Multiplier ‘IndependentDirector = | ee ———— nn nn 3) | Executive Director or PromoterincontrolorKey SOS 35 | Managerial Person 82 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] [OtherNaturalPerson = sti (i‘C;*;*~:C~C 7 25 Body corporate, Intermediaries, Pooled Investment 4 Vehiclesand others | | Market Infrastructure Institution a | 55 | (2) For the case attracting various violations of the provisions of the securities laws, the base amount shall be calculated having regard to the following: (i) base amount shall be calculated for each count of the alleged default and then aggregated; (ii) where a single alleged default attracts multiple violations of securities laws and consequently attracts multiple base amounts, higher of such base amounts shall be considered; (iii) where different alleged defaults attract different base amounts [calculated as per clause (i)], then base amount shall be the sum of all the base amounts applicable for each of such defaults; (iv) if any of the person is lead conspirator who is alleged as mastermind or key-operator in the report or in the Show Cause Notice or determined in the order, then the base amount of such person, determined as above, shall be doubled; (v) the base amount for independent director shall be taken at par with executive director, if as per the report or the Show Cause Notice, the independent director is alleged to be beneficiary ofthe fraud or has actively participated in the alleged fraud or determined as such in the order. (3) The base amount shall not be less than the penalty already imposed for the default for which settlement is being sought. [TT Il— ave 4] ATK BT UTI » AATATCT 83 (4) The base amount shall be calculated based on the alleged default in the report or the Show Cause Notice or the order. (5) Where the order is under challenge before the Tribunal or the Supreme Court, the base amount shall be calculated on the basis of allegations upheld in the order impugned before the Tribunal or the Supreme Court, as the case may be. (6) Where the Board has preferred an appeal before the Supreme Court against the relief provided by the Tribunal, then fifty percent of the Base Amount for each count of such defaults which were not upheld by the Tribunal shall also be considered. (7) In a specified proceeding, if the same or similar nature of default is alleged to have been committed by a person more than once, then the base amount shall be calculated for each count of such default. (8) The following instances shall be treated as one count of default for calculating base amount:- a. Insider trading arising out of a particular unpublished price sensitive information (UPSI) irrespective ofnumber oftrades executed by the applicant in one UPSI period with respect to that UPSI; b. Communication made by a person of a particular unpublished price sensitive information (UPSI) to a number of persons, in one UPSI period with respect to that UPSI; c. Front running of the trades of a particular Big Client irrespective of number of trades front run by the applicant during the investigation period; d. Number of false, wrong, misleading disclosures made or failed to make required disclosures, in a statement in a calendar year or financial year, as applicable under the securities laws; 84 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] e. Number oforders placed or trades executed for manipulating price or volume in a scrip; f. Failed to make entry in structured digital database with respect to a particular UPSI irrespective of numbers ofpersons whose entries were not made; g. Failed to comply with open offer obligation arising under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in respect of the same target company in a year; h. Number ofoffers made ina financial year in violation ofdeemed public issue norms under Section 25 and/or Section 42 of the Companies Act, 2013; i. Any other defaults which having regard to the facts and circumstances of the case, in the opinion of Panel of Whole Time Member, needs to be treated as one default. (9) Ifina particular case, Panel ofWhole Time Member is ofthe opinion that number of defaults are higher or lower, then it may reduce or increase the number of defaults to an extent as deemed fit. Stage of Proceeding Factor (S). 12. (1) The value assigned on the basis ofthe stage ofthe enforcement proceeding, as on the date of filing of settlement application, shall be the stage ofproceeding factor. (2) Stage of proceeding factor shall be determined as per the following table, namely:- STAGE OF THE PROCEEDING(S) WHEN THE VALUE C== [art II— aes 4] ART BT USAT : TATA 85 Before issue of Show 0.40 Cause Notice a Post issue ofShow Cause Notice ye | c. . . ; ._ | 0.80 Pending before Designated Member in case of Enqui proceeding under Section 12(3) ofthe Act; Pending before the Board under Section 151(3) of the Act, or Section 231(3) of Securities Contract (Regulation) Act, 1956 or Section 19H(3) of Depositories Act, 1996 | Pending before the Tribunal 1.00 “ Pending before the Supreme Court (3) Where multiple enforcement proceedings arising out of the same cause of action are sought to be settled, the value of the enforcement proceeding which is at the most advanced stage, shall be taken as the stage of proceeding factor. Regulatory Action Factor (R). 13. (1) The sum of all the values assigned to the administrative warning or order issued against the applicant shall be regulatory action factor. (2) Regulatory action factor shall be determined as per the following table, namely:- 86 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] ORDERS AND REGULATORY DIRECTIONS ISSUED TO THE| VALUE PER ORDER OF APPLICANT R Administrative Warning issued 0.10 per Administrative Warning Settlement Order passed 0.20 per Settlement Order Adverse order passed (in adjudication proceeding, 0.30 per Order proceeding for directions and disciplinary proceeding) (3) Regulatory action factor shall also include and assign values, as per above Table, to those orders which have been stayed by the Tribunal or the Court. Gravity Factor (G). 14. (1) A gravity factor of “0.25”, for reputation risk, shall be added in all settlement applications which are without admitting violation of securities laws. (2) The following gravity factors shall additionally be added in all settlement applications, where applicable, namely: - Nature of Violation Base Value 1. | Failure to make open offer under SEBI (Substantial | 0.25 Acquisition of Shares and Takeovers) Regulations, 2011 [TT Il— ave 4] ATK BT UTI » AATATCT 87 2. | Offer documents related violations (without allegation of | 0.50 violation of SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003) 3. | Violations of regulations 3 and 4 of SEBI (Prohibition of| 0.50 setts 4. | Violations of SEBI (Prohibition of Fraudulent and Unfair | 1.50 Trade Practices relating to Securities Market) Regulations, 2003 Aggravating Factors (A). 15. The following aggravating factors, where applicable, with a base value of ‘0.20’ for each ofthem, subject to a maximum offive aggravating factors, shall be applied while calculating the settlement amount: (i) Efforts to frustrate or prolong an examination, investigation, inspection, audit or a civil and administrative proceeding, including settlement proceeding; (ii) Providing inaccurate or misleading testimony or information or failing to provide information that applicant was bound to provide; (iii) | Misconduct over an extended period oftime which is not less than thirty days; (iv) Significant monetary loss to the clients which exceeds, in the aggregate, rupees five crores; (v) Applicant failing to heed prior regulatory guidance and prior warnings; (vi) | Evidence ofplanning, pre-meditation or sophisticated means. 88 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] Explanation: Conducting default across different jurisdictions, hiding assets or transactions, or both, through the use of fictitious entities, corporate shells or offshore financial accounts ordinarily indicates sophisticated means; (vii) A listed intermediary or Securities Market Infrastructure Institution was substantially jeopardized. Explanation. - A listed intermediary or Securities Market Infrastructure Institution shall be deemed to have been substantially jeopardized if as a result of the alleged default: a. it has become insolvent or an application under the Insolvency and Bankruptcy Code, 2016 was admitted; b. it was unable on demand to refund fully any public deposit, payment or investment; or c. it is so depleted of assets that it is forced to merge with another institution in order to continue active operations. (viii) Omission or act of Market Infrastructure Institution was such that the functioning of such Market Infrastructure Institution or other Market Infrastructure Institution was substantially jeopardized. Explanation: Functioning ofa Market Infrastructure Institution shall be deemed to have been substantially jeopardized if it was rendered incapable of performing the functions for which it has been established, beyond one hour fifteen minutes; (ix) The liquidity of the securities of a publicly traded company being substantially endangered i.e. it was delisted or trading ofthe company’s securities was halted for more than one full trading day; [TT Il— ave 4] ATK BT UTI » AATATCT 89 (x) The applicant abusing a position oftrust or used a special skill, in such a manner that significantly facilitated the commission or concealment of the alleged default. Explanation 1. - This factor applies if the applicant occupied and abused a position of trust. Explanation 2. - This factor applies if the applicant’s position involved regular participation or professional assistance in creating, issuing, buying, selling, or trading securities or products was used to facilitate significantly the commission or concealment of the default. It does not apply to clerical staff in an organisation; as such position ordinarily does not involve special skill. Explanation 3. - ‘Special skill’ refers to a skill not possessed by member of the general public and requires professional education, training or licensing, e.g. chartered accountant, advocate, auditor, compliance officer, etc. Explanation 4. - This factor also applies where the applicant has represented himself to hold a position of trust when, in fact, applicant does not; (xi) | The applicant being the key-operator, whether or not the applicant traded. Explanation 1. - A person is a key-operator if that person was an organizer or leader of an illegal activity or the main beneficiary of the default. Explanation 2. - If a person is merely a manager or supervisor (but not an organizer or leader or the main beneficiary) then that person is not a key- operator. Explanation 3. - The Panel of Whole Time Member may take into account factors such as share of profits, the recruitment of accomplices, the degree of control and authority exercised over others; 90 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (xii) Exercising management control by use of fraudulent or forged securities or securities issued without appropriate approvals; (xiii) The action is not in accordance with the applicable internal procedures; (xiv) The applicant taking decisions relating to the violation beyond his field of competence; (xv) The applicant benefiting financially from the violation, either directly or indirectly; (xvi) The alleged default being repetitive under a single count; (xvii) The body corporate or the responsible person, being aware ofa risk that their actions or inaction may amount to reckless actions or inaction or could result in a violation of securities laws and failing adequately to mitigate that risk. Explanation. — The following shall be deemed to be reckless, - a. failure to appoint competent officials for discharge of their duties, including a compliance officer; b. failure to put in place adequate systemic safeguards; or c. failure to put in place a code of conduct; (xviii) Search and seizure being conducted by the Board in the matter; (xix) Any other factor deemed fit in the facts and circumstances of the case. Mitigating Factors (M). 16. The Panel of Whole Time Member shall take into account the following mitigating factors, where applicable, with a base value of ‘0.20’ for each of them, subject to a maximum limit of five mitigating factors, namely: - (i) The settlement amount would affect the ability of the applicant to make restitution to investors; [TT Il— ave 4] ATK BT UTI » AATATCT 91 (ii) | The applicant had minimal participation in the alleged default; (iii) Proactive and exceptional cooperation, including: a. Prompt and detailed self-identification of suspected or uncovered misconduct; b. Early self-identification ofcontraventions followed by thorough internal reviews and sharing of discovered facts; c. Substantial assistance to an examination, investigation, inspection or audit by obtaining and providing evidence; (iv) Acceptance ofresponsibility and acknowledgement ofmisconduct to the Board prior to detection and intervention by truthfully admitting the conduct; (v) Employing subsequent substantial corrective measures to avoid recurrence of misconduct; (vi) The delay in complying with the reporting requirement was less than 7 days and non-reporting did not result in undue gains or loss to any person; (vii) Acts of compensation, disgorgement of commission, profits etc. and payment of restitution to investors; (viii) Disclosure made in the incorrect format; (ix) Applicant is a unit of governmental authority including a public-sector unit; (x) In non-disclosure (including incorrect or incomplete disclosure) matters, applicant has made related disclosure under any other regulation or is a body corporate with paid-up equity share capital (including reserves) below Rupees Ten crores (not applicable to companies which are exclusively holding companies); 92 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (xi) Persons who are indigent or undergoing liquidation or bankruptcy process or whose resolution or repayment plan has been submitted to the adjudicating authority for approval; (xii) There being change in control or management of corporate entity since committing of violation; (xiii) Applicant was an independent director at the time ofthe alleged default and did not benefit out of the alleged default; (xiv) Any other factor deemed fit in the facts and circumstances of the case. Remedial and Regulatory Term. 17. (1) The Remedial and Regulatory Term may include one or more of the following, namely: - (i) Implementation of enhanced procedures and policies to prevent future securities laws violations as well as agreeing to appoint or engage an independent consultant to review internal policies, processes and procedures; (ii) Providing enhanced training and education to employees of intermediaries and securities market infrastructure institutions; (iii) Agreeing to submit to enhanced internal audit and reporting requirements; (iv) Suspension or cessation ofbusiness activities for a specified period subject to clause (xi); (v) Exit from Management; (vi) Clawback ofthe benefits received by the applicant, for services rendered in violation of securities laws; (vii) Refund ofmoney received in contravention ofprovisions of securities laws; [TT Il— ave 4] ATK BT UTI » AATATCT 93 (viii) Refraining from acting as a partner or officer or director of an intermediary or as an officer or director of a company that has a class of securities regulated by the Board, for specified periods; (ix) Cancelling securities where the securities are issued fraudulently, including bonus shares received on such securities, if any, and recovery of any dividend paid, etc.; (x) Lock-in of securities; (xi) Voluntary debarment or suspension, refraining from accessing the securities market including prohibition from buying, selling or otherwise dealing in securities, directly or indirectly and associating with the securities market in any manner for a specific period, when: a. the seriousness and gravity of the violation is very high; b. the applicant is a key-operator or leader ofan illegal activity or the main beneficiary of the alleged default; or c. the applicant is a serial defaulter; (xii) Disclosures wherever specified in terms of securities laws under a specified proceeding; (xii) Any other term which may be deemed appropriate in the facts and circumstances of the case. (2) Incase of specified proceeding other than the proceeding solely for imposition of penalty: i. Where the alleged violations have impacted the audited financial statements and continue to impact every subsequent financial statements, the applicant shall be required to make an appropriate disclosure on the stock exchange and also incorporate them in the explanatory notes to the upcoming annual 94 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] financial statements forming part of the annual report, as part of the settlement terms; ii. Where the alleged violation has impacted the audited financial statements, but is not a continuing violation that continues to impact subsequent audited financial statements, the applicant shall be required to make appropriate disclosures on the stock exchange for each relevant previous years or period, as a part of the settlement terms; iii. Under clauses (i) and (ii), if the alleged violation needs to be brought to the notice of the public, the applicant shall make appropriate disclosures; iv. Where the violations do not impact the audited financial statements and are not continuing violations, the applicant may be required to make disclosures or follow other conditions, as part ofthe settlement term; v. Where there are allegations of diversion or siphoning off of funds, the applicant shall be required to bring back the diverted or siphoned off money to the company, along with interest from the date ofthe contravention till the date of filing the settlement application, as part ofthe settlement term; vi. Where there are allegations ofdiversion or siphoning off of funds, any unfair trading or illegal gains or losses averted by the applicant, by trading in the securities market during the time of mis-statement of financial or siphoning off of money, as brought out in the report or the Show Cause Notice or the order, may be considered while deciding the settlement term; vii. Where there are allegations of diversion or siphoning off of funds, and the applicant is willing to bring back all the diverted or siphoned offmoney along with interest as part of settlement term, the said diversion or siphoning off of [TT Il— ave 4] ATK BT UTI » AATATCT 95 the money shall not be an impediment to settle the matter for the reasons that the said diversion or siphoning off, caused loss to the investors. (3) In cases where sub-regulation 2(i) and 2(ii) apply, the applicant shall have the option of stating in its disclosure and the explanatory notes that it is making the disclosure without admission or denial of the findings of fact and conclusions of law, as part of the settlement term. Factors to be considered to arrive at Remedial and Regulatory Term. | 18. (1) While arriving at Remedial and Regulatory Term under regulation 17, factors enumerated herein but not limited thereto, may be considered, namely:- (a) conduct of the applicant during the specified proceeding, examination, investigation, inspection, or audit; (b) the role played by the applicant in case the alleged default is committed by a group of persons; . (c) nature, gravity and impact of alleged defaults; (d) market wide impact of the default; (e) effect on the integrity of the market; ; (f) the extent of harm or loss caused to the number of investors’ or gains made by the applicant; (g) whether any other proceeding against the applicant for violation of securities laws is pending or concluded; (h) processes and measures that have been introduced since the alleged default to minimize future defaults or lapses; (i) | compliance schedule proposed by the applicant; 96 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (j) | economic benefits accruing to any person from the non-compliance or delayed compliance; (k) conditions which are necessary to deter future non-compliance by the same or another person; (1) satisfaction of claim of investors regarding payment of money due to them or delivery of securities to them; (m) any other factor which is deemed fit in the facts and circumstances of the case. (2) If factors listed at sub-regulations (1)(d), (1)(e) and (1)(f) could be adequately remedied by imposing monetary and Remedial and Regulatory Term including imposition of higher settlement amount on the applicant, the settlement of such defaults may be considered. (3) The modification ofthe allegation may be sought in case the Panel ofWhole Time Member, is of the opinion that the facts disclose a different default. (4) The alleged defaults shall, where applicable, be categorised based on the facts and circumstances by the Panel of Whole Time Member. Settlement amount in case of grant of confidentiality. 19. In case of grant of confidentiality by the Board, the settlement amount arrived at in accordance with these regulations shall, be reduced as follows, - (i) those marked first in priority status may be granted reduction ofup to or equal to ninety percent of the settlement amount; (ii) those marked second in priority status may be granted reduction of upto or equal to fifty percent of the settlement amount; and [TT Il— ave 4] ATK BT UTI » AATATCT 97 (iii) those marked third or subsequent in the priority status may be granted reduction upto or equal to twenty-five percent of the settlement amount. Interest. 20. (1) Ina specified proceeding where the applicant is liable to pay any amount including disgorgement of wrongful gains made or loss averted or loss caused to investors, the same shall be paid along with interest, as under, namely:- (i) _ ifno final order is passed by the Board, at the rate ofnine percent per annum from the date oftransaction till the date of filing of settlement application; or Gi) if final order is passed by the Board, at the rate of nine percent per annum from the date of transaction till the date of passing of final order and thereafter, at the rate of twelve percent per annum till the date of filing of settlement application. (2) Interest on the said amount shall be charged from the date of individual violation or transaction till the date of filing of settlement application. (3) Interest shall only be charged on the principal amount liable to be paid by an applicant and no interest shall be charged on unpaid interest amount. CHAPTER V CONSTITUTION, PROCEDURES AND POWERS OF COMMITTEES AND PANEL OF WHOLE TIME MEMBER Internal committee. 21. (1) The Board shall constitute Internal Committee comprising its officials. 98 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (2) The Internal Committee shall comprise one officer of the Board of the rank of Chief General Manager and such other officers as may be specified by the Board. (3) The Board may constitute as many numbers of Internal Committees as are required for the purposes of these regulations. Proceeding before the Internal Committee. 22. (1) Save as otherwise provided in these regulations, an application shall be referred to an Internal Committee to examine whether the specified proceeding may be settled and if so to determine the settlement term in accordance with these regulations. (2) The Internal Committee while recommending settlement term may take into consideration various powers or discretion given to the Panel of Whole Time Member in these regulations. (3) The applicant shall be provided an opportunity of meeting with the Internal Committee, which can be attended by the applicant himself or through a duly authorized representative of the applicant. Explanation. - Meeting includes virtual meeting through audio-video electronic means. (4) The Internal Committee may adjourn a meeting scheduled before it or may recall applicant for another meeting before it. (5) The Internal Committee may: (a) call for relevant information; documents, etc., pertaining to the alleged default in possession ofthe applicant or obtainable by the applicant; (b) call for the personal appearance of the applicant before it. Explanation. - Personal appearance under this clause includes appearance through audio-video electronic means; [TT Il— ave 4] ATK BT UTI » AATATCT 99 (c) ascertain market wide impact of the default, loss caused to investors as a result of the default or effect of default on the integrity of the market. (d) satisfy itself as to, - (i) whether the applicant has refunded or disgorged the monies due, to the satisfaction of the Board; (ii) whether the applicant has provided an exit or purchase option to investors in compliance with securities laws, to the satisfaction of the Board; (iii) whether the applicant is in compliance with securities laws or any order or direction passed under securities laws, to the satisfaction of the Board; (iv) any other factor as may be deemed appropriate by the Internal Committee; (e) permit the applicant to submit revised settlement term in accordance with the discussion held in the meeting with Internal Committee, within a period not exceeding twenty-one days from the date of the Internal Committee meeting; (f) require that the settlement amount shall be paid by Asset Management Company or the investment manager, as the case may be, in case settlement application is made by a Pooled Investment Vehicle settling alleged defaults against it. (6) Save as otherwise provided under these regulations, the term proposed by the applicant after Internal Committee meeting along with the recommendation ofthe Internal Committee thereon, shall be placed before the High Powered Advisory Committee. 100 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] High Powered Advisory Committee. 23. (1) The Board shall constitute a High Powered Advisory Committee for consideration and recommendation on the term of settlement proposed by the applicant and the recommendation made thereon by the Internal Committee. (2) The High Powered Advisory Committee while recommending settlement term may take into consideration various powers or discretion given to the Panel of Whole Time Member in these regulations. (3) The High Powered Advisory Committee shall consist of a Judicial member who has been the Judge of the Supreme Court or a High Court and three external experts having expertise in securities market or in matters connected therewith or incidental thereto. (4) The term ofthe members ofthe High Powered Advisory Committee shall be three years which may be extended for a further period of three years. (5) The quorum for a meeting of the High Powered Advisory Committee shall be of three members. Explanation. - Meeting includes meeting through audio-video electronic means. (6) The recommendation of the High Powered Advisory Committee shall be made on the basis of decision of the majority of the members. (7) In case there is no consensus or majority, the recommendation made by the Judicial Member shall be the recommendation of the High Powered Advisory Committee. (8) In case of recusal by the Judicial member, the recommendation by the majority of the remaining members shall be the recommendation of High Powered Advisory Committee. [MTT Il— ws 4] AIST BT USI: AATATAAT 101 (9) The High Powered Advisory Committee shall conduct its meetings in the manner specified by the Board in this regard. (10) Where any member ofthe High Powered Advisory Committee seeks recusal, the remaining members may submit their recommendation on the term of settlement. (11) Where all or all but one ofthe members ofthe High Powered Advisory Committee recuse themselves in respect of an application, the Board may constitute another High Powered Advisory Committee for such matter. Proceeding before the High Powered Advisory Committee. 24. (1) The High Powered Advisory Committee shall consider the proposed settlement term and recommendation of Internal Committee, placed before it along with the following: (a) the application, undertaking and waivers of the applicant; (b) factors specified in regulation 18; (c) settlement term or revised settlement term as proposed by the applicant; (d) any other relevant material available on record. (2) The High Powered Advisory Committee may seek revision ofthe settlement term and refer the application back to the Internal Committee. (3) After considering the material mentioned in sub-regulation (1), the High Powered Advisory Committee shall make its recommendation regarding acceptance or modification or rejection of settlement term. (4) The recommendations of the High Powered Advisory Committee shall be placed before the Panel of Whole Time Member. Proceeding before the Panel of Whole Time Member. 25. (1) The Panel ofWhole Time Member shall consider the recommendations ofthe High Powered Advisory Committee or the Internal Committee in cases covered under regulation 28 and may accept or reject the same. (2) Where the recommendations of the High Powered Advisory Committee or the Internal Committee to settle the specified proceeding are not accepted by the Panel ofWhole Time Member, then- (a) the Panel of Whole Time Member may return the application for re- examination of the settlement term and thereafter the procedure as applicable in the case of an original application shall be followed by the Internal Committee and the High Powered Advisory Committee; or (b) the Panel of Whole Time Member may not accept the recommendation by recording the reasons for such non-acceptance and such decision of the Panel of Whole Time Member alongwith the reasons for such non- acceptance, shall be communicated to the applicant. (3) Where the Panel of Whole Time Member accepts the recommendation of the High Powered Advisory Committee to settle the specified proceeding, the applicant shall be issued a notice ofdemand within ten days ofthe decision ofthe Panel of Whole Time Member and the applicant shall, - (a) remit the settlement amount forming part of the settlement term, not later than thirty days from the date of receipt of the notice of demand, only through the dedicated payment gateway provided for the purpose by the Board; (b) fulfil or undertake in writing to abide by, the other settlement term, if any, within the time provided to the applicant; [TT Il— ave 4] ATK BT UTI » AATATCT 103 (c) comply with any other condition forming part ofthe settlement term within the time given in this regard to the applicant. (4) Nothing contained in these regulations shall restrict the power of the Panel of Whole Time Member to accept or reject an application, or decide an amount, lower or higher than the amount arrived at in terms of these regulations, for reasons to be recorded, considering the facts and circumstances of the case and the gravity of the charges. CHAPTER VI FAST TRACK SETTLEMENT Fast track settlement. 26. (1) The settlement proceeding under this chapter may be called fast track settlement. (2) Fast track settlement shall be of two types: (1) violation based fast track settlement; and (i1) monetary threshold based fast track settlement. (3) Save as otherwise provided, nothing contained in regulations 23 and 24 shall apply to the settlement of specified proceeding under this Chapter. Violation based fast track settlement. 27. (1) The Board may, before initiating any specified proceeding, issue a notice of fast track settlement in the format as specified in Part-B of Schedule-II, calling upon the entity to file a settlement application under Chapter- II and submit the settlement amount and either comply with or furnish an undertaking to comply with Remedial and Regulatory Term, as may be specified in the fast track settlement notice for the following defaults,- 1. Delayed disclosures, including filing of returns, report, document, etc.; ii. | Non-disclosure in relation to companies exclusively listed on regional stock exchanges which have exited; iii. | Disclosures not made in the specified formats; iv. Delayed compliance of any of the requirements of law or directions issued by the Board; v. Such other defaults as may be determined by the Board. (2) The Board may not issue a fast track settlement notice under sub-regulation (1), if in the opinion of the Board, the entity has failed to make a full and true disclosure of facts or failed to co-operate in the required manner. (3) Nothing contained in the notice of fast track settlement shall restrict the power of the Board to modify the enforcement action to be brought against the entity and the notice of settlement shall not confer any right upon the entity to seek settlement or avoid any enforcement action. (4) The entity to whoma notice under sub-regulation (1) has been issued may, within thirty days from the date of receipt of the notice of fast track settlement, - (a) file an application to the Board in the Form proposing for settlement of specified proceeding along with the undertaking and waiver and the basis of computation of settlement amount, as specified in Part-A, Part-B and Part- C, respectively, of Schedule-I. (b) remit the settlement amount as specified in the notice of fast track settlement; [TT Il— ave 4] ATK BT UTI » AATATCT 105 (c) comply or undertake to comply with Remedial and Regulatory Term as specified in the notice of fast track settlement, as the case may be; (d) seek rectification, if any, of the calculation of the settlement amount, as communicated in the notice of fast track settlement, at the time of filing the settlement application and make payment within thirty days from the date ofreceipt of the decision of the Board. (5) Where rectification ofthe calculation ofsettlement amount is sought by the entity, the decision of the Board on such calculation shall be final. (6) The Board may for reasons to be recorded, grant extension of time not exceeding a further period of fifteen days for filing the settlement application or for remittance of the settlement amount or furnishing an undertaking in respect of any of the Remedial and Regulatory Term or compliance with any of the Remedial and Regulatory Term specified in the notice of fast track settlement. (7) Upon being satisfied with the remittance of settlement amount and undertaking furnished in respect of the Remedial and Regulatory Term or compliance with Remedial and Regulatory Term, if any as detailed in the settlement notice, the Board shall pass an order of settlement under regulation 34. Monetary threshold based fast track settlement. 28. (1) While considering an application for settlement in accordance with regulation 22, if Internal Committee is of the opinion that settlement amount calculated under these regulations is upto ten lakh rupees and no disgorgement or Remedial and Regulatory Term are applicable, the Internal Committee shall call upon the applicant to take steps in terms of regulation 22(5)(e). 106 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (2) Upon receipt of revised settlement term, the application shall be placed before Panel of Whole Time Member and thereafter the procedure as specified in regulation 25 and 34 shall apply mutatis mutandis. Consequence of failure to avail fast track settlement. 29. Ifan entity,- (i) does not file a settlement application under regulation 27; (ii) does not remit the settlement amount within time specified in the notice given under regulation 27; (iii) fails to make the payment of settlement amount or does not file revised settlement terms as referred in regulation 28, the specified proceeding may be initiated or continued against such entity, and such an entity shall only be permitted to file a settlement application at the subsequent stage of proceedings. CHAPTER VII SETTLEMENT WITH CONFIDENTIALITY Settlement with confidentiality. 30. (1) The Board may grant, to a person who agrees to provide substantial assistance in the examination, investigation, inspection, or audit, initiated or to be initiated, against any person in respect of a violation of securities laws, benefit of confidentiality in return for admitting default for the limited purpose of settlement of specified proceedings to be initiated. [TT Il— ave 4] ATK BT UTI » AATATCT 107 (2) An applicant seeking the benefit provided under sub-regulation (1), shall fulfil the conditions of this Chapter, including — (a) cease to participate in the violation of securities laws from the time of the disclosure of information, unless otherwise directed by the Board; (b) provide and continue to provide complete and true disclosure ofinformation, documents and evidence, which is in possession ofthe applicant or which the applicant is able to obtain, to the satisfaction of the Board in respect of the alleged contravention of the provisions of securities laws; (c) co-operate fully, continuously and expeditiously throughout the examination, investigation, inspection, or audit and related proceeding before the Board; and (d) not conceal, destroy, manipulate or remove the relevant documents in, any manner that may contribute to the establishment of the alleged violation. Explanation. — Violation of securities laws in this Chapter refers to defaults other than those of disclosure and reporting requirements. (3) An application under this Chapter shall be made only in cases prior to or pending an examination, investigation, inspection, or audit. (4) Irrespective of anything contained in this Chapter, where an applicant fails to comply with the conditions mentioned in this regulation, the Board may rely upon the information and evidence submitted by the applicant in any proceeding. (5) In addition to restrictions or conditions mentioned in sub-regulations (1), (2) and (3), the Board may subject the applicant to further restrictions or conditions, as deemed fit, after considering the facts and circumstances of the case. (6) For the purpose of seeking confidentiality, the applicant or its authorized representative may make an application containing all the relevant disclosures 108 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] pertaining to the information as specified in Schedule-III for furnishing the information and evidence relating to the commission ofany violation of securities laws. (7) Upon being satisfied the Board may assure the benefit of confidentiality and shall then mark the status ofthe application depending upon its priority and convey the same to the applicant in writing. (8) The Board may, for reasons to be recorded in writing, reject the application at any stage ifthe information, documents or evidence is found to be incomplete or false to the knowledge of the applicant. (9) The rejection of the application for confidentiality shall be communicated to the applicant. Procedure. 31. (1) The provisions of Chapters IV, V and VIII of these regulations shall be applied mutatis mutandis to a settlement application filed under this Chapter and a settlement order passed thereon. (2) The information, documents and evidence provided by the applicant under this Chapter shall be submitted in the manner specified by the Board. Confidentiality and assurance. 32. For the purposes of providing the applicant with interim confidentiality and assurance of not being proceeded with, the Board may not initiate regulatory measures when the Board has a reasonable belief that the information provided to it relates to a possible securities law violation that has occurred, is ongoing or about to occur. [TT Il— ave 4] ATK BT UTI » AATATCT 109 Confidentiality. 33. (1) Irrespective of anything contained in Chapter VIII, the following shall be treated as confidential, - (i) the identity ofthe applicant seeking confidentiality; and (ii) the information, documents and evidence furnished by the applicant under this Chapter. (2) Irrespective of anything to the contrary contained in sub-regulation (1), the identity of the applicant or such information or documents or evidence may not be treated as confidential if, - (i) the disclosure is required by law; (ii) the applicant has agreed to such disclosure in writing; or (111) there has been a public disclosure by the applicant. CHAPTER VIII SETTLEMENT ORDERS Settlement Order. 34, (1) On the basis of settlement term approved by the Panel of Whole Time Member, the specified proceeding shall be disposed ofby an order passed by the respective authority before whom the specified proceeding is pending. (2) The Panel ofWhole Time Member shall dispose of the specified proceeding, by passing an order in case of settlement application filed in a suo motu matter, in pursuance of a notice issued under regulation 5 or in pursuance of notice issued under regulation 27, in accordance with settlement term as approved by the Panel of Whole Time Member. 110 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (3) The settlement order passed under these regulations shall, contain the details of the alleged default, relevant provisions of the securities laws, brief facts and circumstances relevant to the alleged default, the admissions made by the applicant, if any and the settlement term. (4) The settlement order in matters relating to the confidentiality shall not, directly or indirectly, disclose the identity of the applicant, but shall indicate the provisions of securities laws which the applicant is alleged to have violated. Procedure for settlement of the proceeding pending before the Tribunal or Supreme Court. 35. (1) Save as otherwise provided in these regulations, the provisions with regard to settlement of specified proceeding shall mutatis mutandis apply to an application for settlement of any proceeding pending before the Tribunal or Supreme Court. (2) The proposal of settlement along with the settlement term or rejection thereof shall be placed before such Tribunal or Supreme Court for appropriate orders. Service and publication of settlement order. : 36. Settlement order shall be served on the applicant and shall also be published on the website of the Board. Settlement Schemes. 37. Irrespective of anything contained in these regulations, the Board shall have the power to bring a settlement scheme specifying the settlement terms for any class of persons involved in respect of any similar specified defaults. [art Il— ws 4] ART BT UAT : AATATCT 111 Explanation. - A settlement order passed under a settlement scheme shall be deemed to be a settlement order under these regulations. Effect of settlement order on third party rights or other proceeding. 38. (1) A settlement order under these regulations shall not be admissible as evidence in any other proceeding relating to an alleged default not covered under the settlement order nor affect the right of third parties arising out of the alleged default. (2) Where any applicant who obtains a settlement order is also noticee along with any other person in any civil or administrative proceeding, while disposing proceeding against such other person, the respective authority before whom the specified proceeding is pending, may make necessary observations in respect of the applicant in so far as is necessary to prove the act of another. (3) Unless the settlement order is revoked, such observations shall qua the applicant be subject to the settlement order obtained by the applicant. (4) Where any person has obtained a settlement order, which contains observations in respect of any other person for the commission of an alleged default, such an order shall not in itselfbe admissible as evidence against such other person. (5) Passing ofsettlement order under regulation 34 in respect of a particular applicant shall not be relied upon by other persons, who are co-noticees with the applicant in the specified proceeding, for seeking exoneration or claiming that the said proceeding have become infructuous qua them. 112 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] Revocation of the settlement order. 39. (1) Ifthe applicant fails to comply with any term of settlement order or at any time after the settlement order is passed, it comes to the notice of the Board that the applicant has not made full and true disclosure or has violated the undertakings or waivers, settlement order may be revoked and the Board shall restore or initiate the proceeding with respect to which the settlement order was passed. (2) Before revocation of any settlement order, the applicant shall be given an opportunity of hearing before the Board. (3) Whenever any settlement order is revoked, no amount paid under these regulations shall be refunded. CHAPTER IX MISCELLANEOUS Confidentiality of information. 40. (1) All information submitted and discussions held in pursuance of the settlement proceeding under these regulations shall be deemed to have been received or made in a fiduciary capacity and the same may not be released to the public, if the same prejudices the Board or the applicant. (2) Where an application is rejected or withdrawn, the applicant and the Board shall not rely upon or introduce as evidence before any court or Tribunal, any proposals made or information submitted or representation made by the applicant under these regulations. (3) Sub-regulation (2) shall not apply where the settlement order is revoked under these regulations. [aT Il— ave 4] AIT AT USAT: FATAL 113 received from a person in pursuance of an application, so much of such information, whether it amounts to an admission or not, as relates distinctly to the fact thereby discovered, may be proved. Power to remove difficulties. 41. In order to remove any difficulty in the interpretation or application or implementation of the provisions of these regulations, the Board shall have the power to issue clarifications and specify procedures through circulars or guidelines. Power to relax. 42. (1) The Panel of Whole Time Member may in furtherance of the objective of these regulations and subject to such conditions as may deem fit, relax the timelines provided for the performance of any act, - (i) where the deadline for performance of such act is not more than thirty days old; and (ti) non-adherence to the timelines was due to factors beyond control of the applicant. (2) Power to relax timeline contained in sub-regulation (1) shall not apply to extending time limit provided under regulations 4(1) and 5(1). (3) The Panel of Whole Time Member may increase settlement amount by one percent where extension oftime sought is with respect to payment of settlement amount beyond the time provided in the notice of demand and such extension shall not be exceeding thirty days. 114 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] Irregularity in procedure. 43. (1) No settlement order or rejection of a settlement application shall be invalidated on ground of any defect in procedure or determination of the settlement term or on account of any vacancy in or any defect in the constitution of any committee under Chapter V. (2) Nothing in these regulations shall prohibit the Board from revoking the settlement order where the applicant fails to pay any difference due to any discrepancy in arriving at the settlement term. (3) The applicant shall continue to be bound by the waivers given in respect of limitation or laches in respect of initiating or continuing or restoring of any legal proceeding and the waivers given in sub-paras (d), (e) (f) and (g) ofpara 12 ofthe undertaking and waivers as provided in Part-B ofthe Schedule-I. Explanation. — For the removal ofdoubts, it is clarified that the power to seek the difference under this regulation shall include and always be deemed to have included the profits gained or losses avoided out of the violations for which the specified proceedings have been initiated. Transitional provision. 44, Irrespective of repeal of the SEBI (Settlement Proceedings) Regulations, 2018 by regulation 45, settlement applications pending with the Board as on the date of commencement ofthese regulations shall be dealt as follows, namely:- (i) All pending applications wherein Panel ofWhole Time Member has approved the settlement term, shall be dealt with as per the terms approved by the Panel of Whole Time Member, under the SEBI (Settlement Proceedings) Regulations, 2018. [aT Il— ave 4] AIT AT USAT: FATAL 115 Gi) Al-pending applications wherein High Powered Advisory Committee has made its recommendations but the recommendations are yet to be approved by the Panel of Whole Time Member as on the date of commencement of these regulations, the applicant shall be provided with an option, to be exercised within thirty days from the receipt of notice from the Board, to either seek processing under these regulations afresh or to seek processing of his application with the settlement amount recommended by the High Powered Advisory Committee under the SEBI (Settlement Proceedings) Regulations, 2018. (iii) All pending applications wherein High Powered Advisory Committee is yet to make any recommendation shall be dealt with under these regulations by holding the fresh Internal Committee meeting. Repeal and savings. 45. (1) On and from the commencement ofthese regulations, the Securities and Exchange Board of India (Settlement Proceedings) Regulations, 2018 shall stand repealed. (2) Notwithstanding such repeal: (a) Notice of summary settlement issued under the Securities and Exchange Board of India (Settlement Proceedings) Regulations, 2018 shall be deemed to have been issued in accordance with these regulations and shall be dealt with in accordance with the provisions of these regulations; (b) All settlement orders passed under the Securities and Exchange Board of India (Settlement of Administrative and Civil Proceedings) Regulations, 2014 and the Securities and Exchange Board of India (Settlement Proceedings) 116 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] Regulations, 2018, shall be deemed to have been passed under these regulations; (c) The Internal Committee and the High Powered Advisory Committee constituted by the Board in accordance with the Securities and Exchange Board of India (Settlement Proceedings) Regulations, 2018, shall be deemed to have been constituted under these regulations; (d) Any reference to the Securities and Exchange Board of India (Settlement Proceedings) Regulations, 2018 under any other regulations shall be deemed to be a reference to these regulations. [aT Il— ave 4] AIT AT USAT: FATAL 117 SCHEDULE-I (See regulation 3) Part-A [See regulation 3(2)] FORM Application for settlement (For Office use only) Date ofreceipt of the application: Application Registration Number: (Instructions: All particulars, including submission regarding details of loss caused to investors, profit made andproposed settlement amount must befilled, else application shall be returned. Put ‘NA’ only where NOTAPPLICABLE.) Before the Securities and Exchange Board of India In the matter Of ..... 0... cece ee cee ee ee een ee 1. Name/Trade name of the applicant/co-applicants: (a) Registration no., if applicable: (b) Date of Registration, if applicable: (c) PAN/DIN/CIN number, as available: 2. Ifstock broker, name of the stock exchange: 3. If authorised person, name of stock broker with whom affiliated and name of the stock exchange: 118 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] 4. Form oforganization: corporate body/ sole proprietorship / partnership / LLP, etc. (if listed co., details of listing): 5. Address/correspondence address, contact no. and email (any changes in aforesaid details shall be communicated to the Board promptly): 6. Name and contact details (including e-mail) of the contact person (s): 7. Specified Proceeding pending before the Board/AO/Others (pl. specify): 8. Specified Proceeding concluded by the Board/AO/Others (pl. specify): 9. Case(s) pending with Tribunal/any other Forum, where SEBI is a party (PI. specify): 10. Proceeding pending with any other enforcement agencies, if any: 11. Other actions pending with/concluded by the Board/AO/Others (with their details) against the applicant and other details, if any: 12. Date of Show Cause Notice/summons/communication indicating probable cause of action, if any, against which the settlement is sought (please enclose copies) *: 13. Stage at which specified proceeding is pending including details of hearing opportunity given by the Board or the Adjudicating Officer, if any: 14. Full and true disclosure of facts (including the loss caused, profit made, loss avoided, gross fees, brokerage, commissions, etc., in respect ofthe cause of action, with manner ofcalculation thereof): 15. Specific charges alleged: 16. Submissions in respect of regulations 6(1)(iii), 6(2) and 22(5)(d): 17. Terms of settlement proposed by the Applicant: - (a) Settlement Amount along with the basis ofcalculation in terms ofregulation 10 read with Part-C of this Schedule (viz: Base Amount, stage ofproceeding, regulatory action factor, gravity factor, aggravating factor and mitigating factor, as applicable) [aT Il— ave 4] AIT AT USAT: FATAL 119 (b) disgorgement amount ofwrongful gains made or loss averted or loss caused to investors, wherever alleged:- (c) Remedial and Regulatory Term:- 18. Original documents to be enclosed: (a) Undertakings and waivers (as per Format specified in Part-B). (b) Authority letter/Board resolution. 19. List of other enclosures: (a) A copy of the Show Cause Notice/summons/communication/other notices indicating the probable cause of action, if any, against which the settlement is sought; (b) Copy of PAN card/ DIN/CIN details (in case of a non-resident applicant, include details relating to passport and national identity document, if any); (c) In case of a foreign body corporate applicant, include details relating to incorporation, place of business, registration details with any non-Indian financial sector regulatory authority. (d) Any other relevant document (s)/submissions. (Signature of the applicant) Verification I,.................80n/daughter/wife of (Name in block letters) Shri/Ms............ being the applicant/authorised representative (in case of body corporate) of ...................622-. do hereby verify and affirm on oath that this application and the contents thereof are true to my knowledge and belief and as per the records and that I have not suppressed any material facts and shall keep the Board informed without delay, of any other relevant information that may come to my notice. (Signature ofthe applicant) Date: Place: [art Il— ws 4] ART BT USAT : TATA 121 [See regulation 3(2)] Undertakings and Waivers Format [Undertaking to be submitted by each applicant, along with the self—attested application with stamp duty duly paid] I/We, ............s.s......, the applicant(s) herein, as a condition for making the enclosed application to the Board for examining and consideration ofthe application, hereby declare that I/we agree and undertake that: (1) I/We admit the jurisdiction and right of the Securities and Exchange Board of India to initiate appropriate proceeding in respect of the alleged default. (2) I/We further agree and undertake that the time spent during the settlement proceeding shall be excluded for computing the limitation period or laches, if any, for initiating or continuing or restoring any legal proceeding, if any, against me/us, and waive any objections in this regard. (3) The Securities and Exchange Board of India may enforce any claims against me/us arising from or/in relation to any violation of the settlement order passed pursuant to this application. (4) Nothing in the settlement order shall preclude any other person from pursuing any other legal remedy to which such person may be entitled against me/us as per law. 122 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] (5) The settlement proposed by me/us does not limit or create any private rights or remedies for any person who is not a party to these proceeding, against me/us. (6) The settlement amount including legal costs, if any, shall be paid by me/us to the Board within the period stipulated by the Board. (7) The settlement order shall be construed and enforced in accordance with the Securities and Exchange Board of India (Settlement of Administrative and Civil Proceedings) Regulations, 2026, as amended from time to time. (8) I/We agree that subsequent to the passing of the settlement order, I/We shall not take any action or make or permit to be made any public statement denying, directly or indirectly, any finding of the Board including that recorded in the settlement order or creating impression that the settlement order is without factual basis. (9) I/We hereby declare that nothing in the waiver and undertaking given by me/us shall affect my/our (i) testimonial obligations, or (ii) right to take legal or factual positions in defence of litigation or in defense of a claim or in any other legal proceeding in which the Board is not a party. (10) I/We for the limited purpose of settlement under these regulations ‘admit the findings of fact and conclusions of law’ or ‘neither admit nor deny the findings of fact and conclusions of law’ (strike off whichever is not applicable), and agree to abide by the settlement order as may be passed in accordance with the Securities and Exchange Board of India (Settlement ofAdministrative and Civil Proceedings) Regulations, 2026 and guidelines and circulars issued by the Board in that regard. (11) I/We waive my/our right of taking any legal proceedings against the Securities and Exchange Board ofIndia concerning any ofthe issue covered in the settlement order that may be passed. (12) ‘I/We further waive the following: [aT Il— ave 4] AIT AT USAT: FATAL 123 (b) the proceeding before the Board or any officer ofthe Board; (c) the right to all post-hearing procedures; (d) appeal/review before the Tribunal/courts; (e) any plea relating to such provisions ofthe regulations or other requirements oflaw, including conflict ofinterest, as may be construed to prevent any member or officer ofthe Securities and Exchange Board ofIndia from participating in the proceeding, including settlement proceeding or assisting or advising the Internal Committee, High Powered Advisory Committee or Panel of Whole Time Member, as to, any order, opinion, finding of fact, or conclusion of law, etc.; (f) any plea of bias or pre-judgment by the Securities and Exchange Board of India, the officers or the High Powered Advisory Committee, based on the consideration ofor discussions concerning settlement of all or any part ofthe internal proceeding; and (g) any plea of limitation or laches for initiating or restoring of the proceeding, if the applicant violates the settlement order. (13) I/We undertake as a condition of settlement to not seek, directly or indirectly, any set-off, reimbursement by way of indemnification, insurance coverage or any other form of non-tax reimbursement. (Signature of the applicant) Before me. 124 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] Part—C [See regulation 3(2)] aeee i i i a a eeee PF | aa pm lea pam *Legal cost incurred by the Board in defending the specified proceeding before the Tribunal or any other Forum. **Amount ofdisgorgement along with interest calculated in terms ofregulation 20. [MTT Il— ws 4] AIST BT LITT : AATATAT 125 SCHEDULE - II Part-A (See regulation 5) Format To Date Address Sub: Notice of settlement in the matter Of ..........sccssssccssssssnseeeseees During the course of examination/ investigation/ inspection/ audit/ inquiry, in the matter of ee” Oeeer- iene the Securities and Exchange Board of India (SEBI) has prima facie observed that you have violated the following provisions of the securities laws: S. No. | Default Provisions of law Penalty provision violated Pp Pp Pp Extracts of the findings in brief are enclosed. 2. In view of the aforesaid, proceeding against you under.... (relevant provisions under which the proceeding may be initiated or continued) may be initiated. 3. By the present notice you are being informed that under SEBI (Settlement of Administrative and Civil Proceedings) Regulations, 2026, you may make an application within sixty days of receipt of this notice seeking settlement of aforesaid proceeding 126 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] Your application for settlement shall be considered in accordance with SEBI (Settlement ofAdministrative and Civil Proceedings) Regulations, 2026 and filing of any application pursuant to this notice does not guarantee settlement of probable proceeding. 4. Irrespective of anything contained in this notice, the Board reserves the right to modify the proceeding and allegations to be brought against you and this notice shall not confer any right to seek settlement or avoid any action initiated or to be initiated by the Board. 5. If the settlement application is not filed within the aforesaid period of sixty days, the Board may initiate any proceeding against you in accordance with law. Name, designation and signature Encl: As above [MTT Il— ws 4] AIST BT LITT : AATATAT 127 Part-B (See regulation 27) Format To, Date: Address Sub: Notice of violation based fast track settlement in the matter of During the course of examination/ investigation/ inspection/ audit/ inquiry, in the matter Of... ceieseeeeeecessssssssssesssssesseereceeeeeees the Securities and Exchange Board of India (SEBJ) has prima facie observed that you have violated the following provisions of the securities laws: S.No. | Default Provisions of law Penalty provision violated ee ee 3. ee Extracts of the findings, in brief are enclosed. 2. In view of the aforesaid, probable proceeding against you undet....(relevant provisions under which the proceeding may be initiated or continued) may be initiated. 128 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] 3. Irrespective ofanything contained in this notice, the Board reserves the right to modify the proceeding and charges to be brought against you and this notice shall not confer any right to seek settlement or avoid any action initiated or to be initiated by the Board. 4. Subject to regulation 6 of the SEBI (Settlement of Administrative and Civil Proceedings) Regulations, 2026 the aforesaid proceeding to be initiated may be settled upon filing of a settlement application under Chapter-I] of the SEBI (Settlement of Administrative and Civil Proceedings) Regulations, 2026 and upon remittance of a settlement amount of Rs.................068. to SEBI in terms of ..... visseeeseseeeeseeeeee (provision) of SEBI (Settlement of Administrative and Civil Proceedings) Regulations, 2026 within thirty days from the date of receipt of this notice and upon complying with the following Remedial and Regulatory Term (if applicable): (11) vevessssseeessessesese( Please specify any other terms) 5. Incase the settlement application is not filed or the settlement amount is not remitted and/or undertaking in respect of Remedial and Regulatory Term is not furnished or Remedial and Regulatory Term is not complied with to the satisfaction of the Board or the settlement application is withdrawn, the specified proceeding may be initiated and you shall be permitted to file a settlement application at the subsequent stage of proceeding. Name, designation and signature Encl: As above [aT Il— ave 4] AIT AT USAT: FATAL 129 epee (see Regulation 30) Application for confidentiality 1. The application for confidentiality shall be in the format convenient to the applicant and shall inter-alia, include the following, - (i) |Name and address of the applicant or its authorized representative as well as of all other known participants involved in the alleged default; (ii) The address of the applicant for communication including the telephone numbers and the e- mail address, etc.; (iii) A detailed description of the alleged arrangement, including its aims and objectives and the details ofactivities and functions carried out for securing such aims and objectives; (iv) The commencement and duration of the default; (v) The names, positions, office locations and, wherever necessary, home addresses of all persons who, in the knowledge of the applicant, are or have been associated with the alleged defaulters, including those persons who have been involved on behalf of the applicant; (vi) The details of other authorities, forums or courts, if any, that have been approached or are intended to be approached in relation to the alleged violation; (vii) A descriptive list of evidence regarding the nature and content of evidence provided in support of the application for confidentiality; and (viii) Any other material information as may be directed by the Board. (Signature of the applicant) (Stamp and Seal ofbody corporate applicant) 130 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC.4] _______________________________________________________________________________________ Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054. AMIT PRADHAN, Executive Director [ADVT.-III/4/Exty./372/2026-27] KUMER CHAND MEENA Digitally signed by KUMER CHAND MEENA Date: 2026.10.08 15:53:04 +05'30'