sebi:EAD-2/SS/SK/2019-20/3418
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Facts / Headnote
Show cause notice disposed of; no penalty imposed; allegation of violation of PFUTP Regulations not established
Provisions invoked
- s. 15H
- s. 15I
Regulations
- Reg. 7
- Reg. 3
Parties
- Crosseas Capital Services Private Limited
Holding
The Adjudicating Officer held that the allegation of violation of Regulation 3 and 4 of the PFUTP Regulations by Crosseas Capital Services Private Limited was not established, and consequently no monetary penalty was imposed under Sections 15HA and 15HB of the SEBI Act.
Full text
______________________________________________________________________________________ Adjudication Order in respect of Crosseas Capital Services Private Limited Page 2 of 11 (Ref No.: EAD-2/SS/SK/14/35/2019-20)
______________________________________________________________________________________ Adjudication Order in respect of Crosseas Capital Services Private Limited Page 3 of 11 (Ref No.: EAD-2/SS/SK/14/35/2019-20)
______________________________________________________________________________________ Adjudication Order in respect of Crosseas Capital Services Private Limited Page 4 of 11 (Ref No.: EAD-2/SS/SK/14/35/2019-20)
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Source: SecMarx — sebi:EAD-2/SS/SK/2019-20/3418. 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.