sebi:CFD/GPIL/EAD-8/AO/KS/CO-04/2019
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Facts / Headnote
Adjudication proceedings disposed of and settled in terms of Regulation 15(1) of the Settlement Regulations upon payment of settlement amount
Provisions invoked
- s. 15A
- s. 21
Regulations
- Reg. 13
- Reg. 17
- Reg. 8(3)
- Reg. 13(6)
- Reg. 15(1)
Parties
- Genus Prime Infra Limited
Holding
In terms of Regulation 15(1) of the Settlement Regulations, the adjudication proceedings initiated against Genus Prime Infra Limited vide SCN dated May 29, 2017 are disposed of upon remittance of the settlement amount of Rs.16,83,213/-.
Full text
Page 1 of 3 BEFORE THE ADJUDICATING OFFICER SECURITIES AND EXCHANGE BOARD OF INDIA SETTLEMENT ORDER (Application No. 3313/2017)
Page 2 of 3 compliances with regard to SAST,1997, PIT,1992 and Listing Agreement. A Show Cause Notice dated May 29, 2017 (hereinafter referred to as ‘SCN’) was issued to the Noticee.
Page 3 of 3 settlement, the proceedings may be settled and disposed of upon remittance of settlement amount of Rs.16,83,213/- (Rupees Sixteen Lakh Eighty Three Thousand Two hundred and Thirteen Only) {amount arrived at in terms of Settlement Regulations} within 15 calendar days from the date of receipt of the said letter.
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Source: SecMarx — sebi:CFD/GPIL/EAD-8/AO/KS/CO-04/2019. 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.