sebi:EAD-2/DSR/VS/868/2017
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Facts / Headnote
Adjudication proceedings disposed of; no violation established, no penalty imposed
Provisions invoked
- s. 15A
- s. 15
Regulations
- Reg. 7
- Reg. 7(2)
- Reg. 7(2)(a)
Parties
- Walchand and Company Limited
Holding
The alleged violation of Regulation 7(2)(a) of the SEBI (PIT) Regulations, 2015 against the Noticee was not established, and the adjudication proceedings were disposed of without imposing any penalty.
Full text
Page 2 of 4 of the alleged delay in making disclosure under aforementioned regulation is as under: Due date of compliance Actual date of compliance Delay (no. of days)
Page 3 of 4 Evidence and Findings 7. Before proceeding, it will be appropriate to refer to the relevant provisions of Regulation 7 (2) (a) of SEBI (PIT) Regulations, 2015.The relevant provisions of law read as under:
Page 4 of 4 2. Further certain other transactions for which the disclosures were either delayed or not made were also noticed and the settlement application for the same was
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Source: SecMarx — sebi:EAD-2/DSR/VS/868/2017. 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.