sebi:EAD-2/SS/AKS/51/125/2018-19
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Violation established ex-parte; monetary penalty imposed
Provisions invoked
- s. 15A
- s. 15I
- s. 15J
- s. 15
- s. 15F
Regulations
- Reg. 7
- Reg. 13
- Reg. 13(1)
- Reg. 7(1)
- Reg. 31
- Reg. 13(5)
- Reg. 29(2)
- Reg. 29(3)
- Reg. 12
- Reg. 201
Parties
- Mr. Abhijeet Dwarkadas Daga
Holding
The Noticee, a promoter of Timbor Home Limited, failed to make required disclosures for 6 sale transactions exceeding 25,000 shares under PIT Regulations and for 2 of those transactions under SAST Regulations, and a total monetary penalty of Rs. 6,00,000 under Section 15A(b) of the SEBI Act was imposed (Rs. 4,00,000 for PIT-only violations and Rs. 2,00,000 for overlapping PIT/SAST violations).
Full text
______________________________________________________________________________________ Adjudication Order in respect of Mr. Abhijeet Dwarkadas Daga in the matter of Timbor Home Limited. Page 2 of 9 (File No.: EAD-2/SS/AKS/51/125/2018-19)
______________________________________________________________________________________ Adjudication Order in respect of Mr. Abhijeet Dwarkadas Daga in the matter of Timbor Home Limited. Page 3 of 9 (File No.: EAD-2/SS/AKS/51/125/2018-19)
______________________________________________________________________________________ Adjudication Order in respect of Mr. Abhijeet Dwarkadas Daga in the matter of Timbor Home Limited. Page 4 of 9 (File No.: EAD-2/SS/AKS/51/125/2018-19)
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:EAD-2/SS/AKS/51/125/2018-19. 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.