sebi:AO/SG-AS/EAD/10/2016
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Facts / Headnote
Adjudication proceedings disposed of without imposition of penalty
Provisions invoked
- s. 15H
- s. 15I
- s. 15J
- s. 15C
Parties
- Pegasus Apparels Ltd.
Holding
The Adjudicating Officer held that Pegasus Apparels Ltd. had not violated Section 15C of the SEBI Act, 1992 and was not liable for monetary penalty thereunder. The adjudication proceedings initiated vide Show Cause Notice dated 24.09.2013 were accordingly disposed of.
Full text
__________________________________________________________________________________________________________________________________ Adjudication Order in respect of Pegasus Apparels Ltd.Page 2 of 7
__________________________________________________________________________________________________________________________________ Adjudication Order in respect of Pegasus Apparels Ltd.Page 3 of 7 investor complaint. It was observed that four investor complaints were pending against the Noticee as on August 27, 2012.
__________________________________________________________________________________________________________________________________ Adjudication Order in respect of Pegasus Apparels Ltd.Page 4 of 7
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Source: SecMarx — sebi:AO/SG-AS/EAD/10/2016. 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.