sebi:EAD-2/SS/SK/2018-19/1199-1201
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Facts / Headnote
Penalty imposed on Noticees for non-compliance with SEBI order dated September 04, 2015
Provisions invoked
- s. 15
- s. 15H
- s. 15J
- s. 15F
- s. 73(2)
Parties
- Sunshine Infrabuild Corporation Limited
- Shri Dharm Singh Kushwah
- Shri Mukesh Singh
Holding
The Adjudicating Officer imposed a penalty of Rs. 1,00,00,000/- (Rupees One Crore only) under Section 15HB of the SEBI Act upon Sunshine Infrabuild Corporation Limited and its directors Shri Dharm Singh Kushwah and Shri Mukesh Singh for failing to comply with SEBI's directions dated September 04, 2015 to refund money collected through issuance of debentures.
Full text
______________________________________________________________________________________ Adjudication Order in the matter of Sunshine Infrabuild Corporation Limited Page 2 of 7 (Ref No.: EAD-2/SS/SK/26/37-39/2018-19)
______________________________________________________________________________________ Adjudication Order in the matter of Sunshine Infrabuild Corporation Limited Page 3 of 7 (Ref No.: EAD-2/SS/SK/26/37-39/2018-19)
______________________________________________________________________________________ Adjudication Order in the matter of Sunshine Infrabuild Corporation Limited Page 4 of 7 (Ref No.: EAD-2/SS/SK/26/37-39/2018-19)
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Source: SecMarx — sebi:EAD-2/SS/SK/2018-19/1199-1201. 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.