sebi:EAD-2/SS/SK/2018-19/1285-1288
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Facts / Headnote
Show Cause Notice disposed of without imposition of any monetary penalty
Provisions invoked
- s. 15A
- s. 15
- s. 15I
- s. 15J
Regulations
- Reg. 7(1)
- Reg. 31
- Reg. 31(1)
- Reg. 31(3)
Parties
- Noticee No. 1
- Noticee No. 2
- Noticee No. 3
- Noticee No. 4
Holding
The Adjudicating Officer held that while the Noticees failed to establish that disclosures in the specified format under Regulation 31 of the SAST Regulations were received by BSE, no monetary penalty was imposed under Section 15A(b) of the SEBI Act, finding the non-compliance to be in good faith and venial.
Full text
______________________________________________________________________________________ Adjudication Order in respect of 4 entities in the matter of Empee Sugars and Chemicals Ltd. Page 2 of 8 (Ref No.: EAD-2/SS/SK/27/40-43/2018-19)
______________________________________________________________________________________ Adjudication Order in respect of 4 entities in the matter of Empee Sugars and Chemicals Ltd. Page 3 of 8 (Ref No.: EAD-2/SS/SK/27/40-43/2018-19)
______________________________________________________________________________________ Adjudication Order in respect of 4 entities in the matter of Empee Sugars and Chemicals Ltd. Page 4 of 8 (Ref No.: EAD-2/SS/SK/27/40-43/2018-19)
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Source: SecMarx — sebi:EAD-2/SS/SK/2018-19/1285-1288. 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.