This article records the notification and commencement of the regulations; it does not set out the settlement procedure, the settlement amounts, or the eligibility conditions in detail, which are contained in the regulations themselves and in SEBI's FAQs.
- Issuer
- Securities and Exchange Board of India
- Act
- Securities and Exchange Board of India (Settlement of Administrative and Civil Proceedings) Regulations, 2026
- Assent
- In force
- Status
- in-force
- Outcome
- The Settlement Regulations, 2026 were notified on 8 October 2026 and came into force on 7 November 2026; eligible persons may apply for settlement in accordance with the regulations.
In force from 7 November
The Securities and Exchange Board of India (Settlement of Administrative and Civil Proceedings) Regulations, 2026 came into force on 7 November 2026. SEBI announced the commencement in press release No. 70 of 2026, dated 6 November 2026.
The regulations were notified on 8 October 2026. They govern the settlement of administrative and civil proceedings before the Securities and Exchange Board of India, and eligible persons may now apply for settlement in accordance with them.
Help for applicants
To help applicants understand the regulations and file applications, SEBI has placed frequently asked questions on the Settlement Regulations, 2026 on its website, and has provided a facility to calculate the settlement amount.
An online settlement application form has been provided on SEBI's website, and a help desk has been set up. An explainer video about how to use the facility to calculate the settlement amount has also been provided.
What the regulations cover
The regulations are titled the Settlement of Administrative and Civil Proceedings Regulations, and their scope is the settlement of administrative and civil proceedings. The press release states that eligible persons may apply for settlement in accordance with the regulations.
The press release does not set out the settlement procedure, the amounts payable, or the conditions of eligibility in detail. Those matters are for the regulations themselves, which SEBI has published on its website, and for the frequently asked questions.
BANTHRY ANALYSISNotification is not commencement
The two dates in the press release illustrate a basic feature of subordinate legislation. Notification on 8 October 2026 is the act of publishing the regulations; commencement on 7 November 2026 is the date from which they take legal effect. Between those dates, the regulations existed but were not yet in force.
For anyone facing administrative or civil proceedings before SEBI, the practical consequence is dated: settlement applications under the new regulations could be made only once the regulations came into force on 7 November 2026, and the facilities SEBI has provided, from the calculator to the online form, are part of the framework that operates from that date.
BANTHRY ANALYSISFor law students
This is a short case study in delegated legislation. Parliament confers the power to make regulations, the regulator notifies them, and a commencement date brings them into force. Students should note that the press release is an announcement, not the law itself: the operative text is the notified regulations, and the FAQs, calculator and help desk are aids to compliance, not substitutes for the regulations.
Note also what the announcement does not do. It does not summarise the settlement procedure or the amounts, and it does not say anything about criminal proceedings, which fall outside the title of the regulations. An article that reported those details would need the regulations themselves, not the press release.
READING PROMPTSQuestions for a closer reading
- When were the SEBI (Settlement of Administrative and Civil Proceedings) Regulations, 2026 notified, and when did they come into force?
- What facilities has SEBI provided to help applicants understand the regulations and file settlement applications?
- What is the difference between notification and commencement of subordinate legislation, and why does the distinction matter for pending proceedings?
