sebi:AO/JS/VRP/84/2018
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Penalty imposed on the Noticee
Provisions invoked
- s. 19
- s. 15I
- s. 23J
- s. 391
- s. 23E
- s. 21
- s. 23
- s. 23I
- s. 133
- s. 394
Regulations
- Reg. 7
- Reg. 13
- Reg. 27
- Reg. 7(3)
- Reg. 34
- Reg. 31
- Reg. 33
- Reg. 31(1)
- Reg. 42
- Reg. 33(3)(d)
- Reg. 40(9)
- Reg. 46
- Reg. 27(2)(a)
- Reg. 46(1)
Parties
- Midfield Industries Limited
Holding
The Noticee, Midfield Industries Limited, was held to have violated nine of the eleven alleged provisions of the Listing Agreement and Listing Regulations read with Section 21 of SCR Act, 1956, and a penalty of Rs. 20,00,000 was imposed under Section 23E of SCR Act, 1956.
Full text
___________________________________________________________________________ Adjudication Order in the matter of Midfield Industries Limited Page 2 of 14
___________________________________________________________________________ Adjudication Order in the matter of Midfield Industries Limited Page 3 of 14
___________________________________________________________________________ Adjudication Order in the matter of Midfield Industries Limited Page 4 of 14
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Source: SecMarx — sebi:AO/JS/VRP/84/2018. 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.