sebi:EAD-2/SS/SK/2019-20/4328
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Facts / Headnote
Adjudication proceedings initiated against YES Bank Ltd. settled and disposed of upon payment of settlement charges of Rs. 51,60,000/-
Provisions invoked
- s. 23E
- s. 23
Regulations
- Reg. 25
- Reg. 28
- Reg. 23(1)
- Reg. 34
- Reg. 30
- Reg. 30(4)(i)
- Reg. 30(5)
- Reg. 4(1)
Parties
- YES Bank Ltd.
Holding
The adjudication proceedings initiated against YES Bank Ltd. vide SCN dated May 28, 2019 for alleged violations of Regulation 30(4)(i) and (ii) and Regulation 30(5) read with Regulation 4(1) of the LODR Regulations are settled and disposed of upon payment of Rs. 51,60,000/- towards settlement charges.
Full text
_________________________________________________________________________________________ Settlement Order in respect of YES Bank Ltd. in the matter of YES Bank Ltd. Page 1 of 4 (File No.: EAD-2/SS/SK/36/76/2019-20)
_________________________________________________________________________________________ Settlement Order in respect of YES Bank Ltd. in the matter of YES Bank Ltd. Page 2 of 4 (File No.: EAD-2/SS/SK/36/76/2019-20)
_________________________________________________________________________________________ Settlement Order in respect of YES Bank Ltd. in the matter of YES Bank Ltd. Page 3 of 4 (File No.: EAD-2/SS/SK/36/76/2019-20)
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Source: SecMarx — sebi:EAD-2/SS/SK/2019-20/4328. 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.