0169-2011 Splendor Vanijya Private Ltd. vs The Whole Time Member Securities and Exchange Board of India

SAT · Final order

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Full text

“In view of the aforesaid, I find that by making wrongful and incomplete disclosures the Noticee has engaged in such an act, practice, course of business which would operate as fraud or deceit upon any person in connection with any dealing in or issue of securities of the Noticee which are listed on the stock exchange. The announcements by the Noticee in question is definitely misleading and contains information in a distorted manner and which may influence the decision of the investors and hence is in contravention of the law. The Code of Corporate Disclosure Practices for Prevention

BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI Appeal No. 69 of 2011 Date of decision : 16.11.2011 M/s. Helios and Matheson Information Technology Limited C/o. Corporate Law Chambers India, 44A, Nariman Bhavan, Nariman Point, Mumbai – 400 021. …… Appellant Versus

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Source: SecMarx — 0169-2011 Splendor Vanijya Private Ltd. vs The Whole Time Member Securities and Exchange Board of India. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.