sebi:EAD/PM-AB/AO/27/2018-19
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Facts / Headnote
Show Cause Notice dated December 14, 2017 disposed off without imposition of any penalty
Provisions invoked
- s. 15A
Regulations
- Reg. 13(4)
- Reg. 13(5)
Parties
- Shri Sameer Patil
Holding
The Show Cause Notice EAD/AO-PM/AA/OW/31637/2017 dated December 14, 2017 alleging violations of Regulation 13(4) r/w 13(5) of PIT Regulations, 1992 by Shri Sameer Patil was disposed off without imposition of any penalty.
Full text
Adjudication Order in respect of Sameer Patil in the matter of MCX Page 2 of 5 provisions of Regulation 13(4) r/w 13(5) of PIT Regulations by the Noticee. SHOW CAUSE NOTICE, REPLY AND PERSONAL HEARING
Adjudication Order in respect of Sameer Patil in the matter of MCX Page 3 of 5 c. As two of the transactions have happened before January 3, 2013, the Noticee was not required to make the disclosure. Further, the disclosure about the transaction dated February 11, 2013 was filed with the company on time and there was minor delay in filing the same with the Stock Exchange. CONSIDERATION OF ISSUES AND FINDINGS
Adjudication Order in respect of Sameer Patil in the matter of MCX Page 4 of 5 (a) the receipts of intimation of allotment of shares, or (b) the acquisition or sale of shares or voting rights, as the case may be.
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Source: SecMarx — sebi:EAD/PM-AB/AO/27/2018-19. 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.