Section 32: Voluntary undertaking

Section 32 allows for settlement through voluntary undertakings: • Voluntary Undertaking: At any stage, a person can offer a voluntary undertaking to the Board. • Content: The undertaking may include promises to: - Take specific corrective actions within a time limit - Refrain from certain actions - Publicize the undertaking • Variation: The Board can modify terms with the person's consent. • Bar on Proceedings: Once accepted, no further proceedings on the same matter. • Breach Consequences: If the person violates the undertaking, the Board can proceed to impose penalties under Section 33. This is similar to consent decrees or settlement agreements in other regulatory frameworks.