sebi:ACL/RY/AO/DRK/AS/EAD-3/117/09-19/2010
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Facts / Headnote
Violations established ex-parte; penalty of Rs. 20,00,000 imposed
Provisions invoked
- s. 15
- s. 11B
- s. 15H
- s. 15J
Regulations
- Reg. 3
Parties
- Shri Raja Yadav
Holding
Shri Raja Yadav, Additional Director of Adam Comsof Ltd., was held to have violated Regulation 3(b), 3(c), 4(1) and 4(2)(r) of the SEBI PFUTP Regulations, 2003 and a penalty of Rs. 20,00,000 under Section 15HA of the SEBI Act, 1992 was imposed ex-parte.
Full text
Page 2 of 15 investigations are completed. Shri Raja Yadav (noticee) was also one of the persons against whom the directions under Section 11B was issued.
Page 3 of 15 Board of Directors to ensure smooth going of the process of expansion. As per the records available with SEBI, the Board of Directors for 2003 - 04, was:
Page 4 of 15 2004 and June 30, 2004 were Rs. 3.68 million and Rs. 4.76 million, in comparision to the quarter ended December 31, 2003, which stood at Rs. 47.1 million.
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Source: SecMarx — sebi:ACL/RY/AO/DRK/AS/EAD-3/117/09-19/2010. 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.