sebi:EAD/SR/SJ/AO/92/2018-19
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Facts / Headnote
Violation established; penalty of Rs. 1,00,000 imposed under Section 15A(b) of the SEBI Act
Provisions invoked
- s. 15A
- s. 15
- s. 15J
- s. 23
Regulations
- Reg. 13
- Reg. 13(5)
Parties
- Yashwant T Sarkhot
Holding
The Noticee, a promoter of Finalysis Credit & Guarantee Company Limited, violated Regulation 13(4A) read with Regulation 13(5) of the SEBI (PIT) Regulations by failing to disclose the disposal of 1,00,000 shares on July 27, 2013 within two working days. A monetary penalty of Rs. 1,00,000 was imposed on him under Section 15A(b) of the SEBI Act.
Full text
Adjudication Order against Mr. Yashwant T Sarkhot in the matter of Finalysis Credit & Guarantee Company Limited. Page 2 of 8
Adjudication Order against Mr. Yashwant T Sarkhot in the matter of Finalysis Credit & Guarantee Company Limited. Page 3 of 8
Adjudication Order against Mr. Yashwant T Sarkhot in the matter of Finalysis Credit & Guarantee Company Limited. Page 4 of 8
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Source: SecMarx — sebi:EAD/SR/SJ/AO/92/2018-19. 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.