Regulation 25 - Regulation - PROCEDURE FOR ACTION IN CASE OF DEFAULT - Securities and Exchange Board of India (Foreign Venture Capital Investors) Regulations 2000 - Regulation 25 - 1[****] *********** 1 omitted by the SEBI (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002, w.e.f. 27-9-2002. Prior to its omission, it read as under: 25. Show-cause notice and order.─ (1) On receipt of the report from the enquiry officer, the Board shall consider the same and may issue to the Foreign Venture Capital Investor a show-cause notice as to why the penal action as proposed by the enquiry officer or such appropriate action should not be taken against it. (2) The Foreign Venture Capital Investor shall, with

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