sebi:AKD/AO-83/2019-20
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Facts / Headnote
Adjudication Proceedings disposed of; no penalty imposed
Provisions invoked
- s. 15
- s. 15H
- s. 15J
- s. 15C
Parties
- Frontline Financial Services Ltd.
Holding
The allegation that the Noticee Company failed to obtain SCORES authentication and failed to redress pending investor grievances within a stipulated time was not established, and the adjudication proceedings were disposed of without imposition of any monetary penalty under Sections 15C and 15HB of the SEBI Act, 1992.
Full text
Order in respect to Frontline Financial Services Ltd. in the matter of non-obtaining of SCORES authentication and non-redressal of investor grievance Page 2 of 7 to obtain SCORES authentication by May 16, 2013 if the companies have not obtained the same till date.
Order in respect to Frontline Financial Services Ltd. in the matter of non-obtaining of SCORES authentication and non-redressal of investor grievance Page 3 of 7 by Adjudicating Officer) Rules, 1995 (hereinafter referred to a 'Rules') to enquire into and adjudge under section 15C and 15HB of the SEBI Act, 1992, the alleged violations committed by the Noticee company of the said SEBI Consolidated Circular and non redressal of the investor grievance within a stipulated time pending at SCORES .
Order in respect to Frontline Financial Services Ltd. in the matter of non-obtaining of SCORES authentication and non-redressal of investor grievance Page 4 of 7
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Source: SecMarx — sebi:AKD/AO-83/2019-20. 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.