sebi:EAD/AO/BJD/VS/2019-20/4537

SEBI · SEBI · 2007-03-20 · B J Dilip, Adjudicating Officer

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Facts / Headnote

Adjudication proceedings disposed of without penalty

Provisions invoked

• s. 15
• s. 15H
• s. 15I

Parties

• M/s Jutex International Limited

Holding

The adjudication proceedings against M/s Jutex International Limited were disposed of without penalty. The allegation of violation of Circular No. CIR/OIAE/1/2013 dated April 17, 2013 for failure to obtain SCORES authentication was held not tenable.

Full text

Adjudication Order in respect of M/s Jutex International Limited Page 2 of 7 APPOINTMENT OF ADJUDICATING OFFICER 3. Shri Amar Navlani was appointed as the Adjudicating Officer (hereinafter referred to as 'AO') vide order dated April 10, 2014 under Section 15-I of the SEBI Act, 1992 and Rule 3 of the SEBI (Procedure for Holding Inquiry and Imposing Penalties) Rules, 1995 (hereinafter referred to as the “AO Rules”) to inquire and adjudge under the provisions of Section 15HB, the alleged violations of the Noticee. Subsequently, the undersigned was appointed as AO vide Order dated January 8, 2019. The order appointing the undersigned was communicated vide communiqué dated June 07, 2019.

Adjudication Order in respect of M/s Jutex International Limited Page 3 of 7 Limited (hereinafter referred to as “RCPL”), vide its letter dated January 10, 2018, inter alia submitted as under:

Adjudication Order in respect of M/s Jutex International Limited Page 4 of 7 CONSIDERATION OF ISSUES, EVIDENCE AND FINDINGS

Source: SecMarx — sebi:EAD/AO/BJD/VS/2019-20/4537. 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.