sebi:CO-13/2009
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Adjudication proceedings disposed of by consent settlement
Holding
This consent order disposes of the adjudication proceedings pending against the Noticee under the SEBI Act, 1992 upon payment of Rs. 4,00,000 towards settlement charges without admission or denial of guilt.
Full text
- 2 - and Exchange Board of India (Procedure for Holding Inquiry and Imposing Penalties by Adjudicating Officer) Rules, 1995.
- 3 - proceedings are subsequently discovered to be untrue. b. The Noticee has breached any of the clauses / conditions of undertakings / waivers filed during the current consent proceedings.
3. Pending adjudication proceedings, the Noticee made an application vide its letter dated October 3, 2008 (Consent application Regn. No. 1005 of 2008) and an undertaking in the format prescribed by SEBI for settlement in the matter in terms of SEBI Circular No. EFD/Cir.-1/2007 dated April 20,
You have read the preview. Create a free account to read the full order, track this party, and analyse it in Ontology.
Free accounts include 10 searches/day with full order access.
Source: SecMarx — sebi:CO-13/2009. 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.