sebi:EAD-2/SS/SK/2018-19/774
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Facts / Headnote
SCN disposed of; violations not established; no monetary penalty imposed
Provisions invoked
- s. 19
- s. 19G
Regulations
- Reg. 20A
- Reg. 199
- Reg. 42
- Reg. 42(3)
- Reg. 49(1)(c)
- Reg. 20
- Reg. 49
Parties
- Punjab National Bank
Holding
The Adjudicating Officer held that the alleged violations of Regulation 42(3), Regulation 49(1)(c) and Clause 4 of the Code of Conduct read with Regulation 20AA by Punjab National Bank as a depository participant were not established and disposed of the show-cause notice without imposing any monetary penalty.
Full text
_________________________________________________________________________________________ Adjudication Order in respect of Punjab National Bank Page 2 of 9 (Ref No.: EAD-2/SS/SK/10/2018-19)
_________________________________________________________________________________________ Adjudication Order in respect of Punjab National Bank Page 3 of 9 (Ref No.: EAD-2/SS/SK/10/2018-19)
_________________________________________________________________________________________ Adjudication Order in respect of Punjab National Bank Page 4 of 9 (Ref No.: EAD-2/SS/SK/10/2018-19)
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Source: SecMarx — sebi:EAD-2/SS/SK/2018-19/774. 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.