NEW DELHI, Apr 27 (The Hindu): The number of cases being settled in the capital market through consent settlement mechanism seem to have come down significantly, with regulator SEBI agreeing to settle only 36 such cases last fiscal.
The Securities and Exchange Board of India collected about Rs. 41.5 million as charges and fees through the consent settlement in 36 cases during the 2013-14 fiscal.
This marks a significant decline from Rs. 126.2 million collected by the capital markets watchdog through consent settlement in as many as 52 cases during the preceding financial year 2012-13, shows an analysis of such cases.
The decline in settlement cases comes amid stricter norms imposed by SEBI, which has expanded the list of violations that can't be settled through this mechanism.
SEBI\\\'s consent settlements dip with tightening of norms
FE Team | Published: April 28, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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