sebi:EAD-2/SS/VS/2018-19/1189
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Facts / Headnote
Penalty imposed on the Noticee for violation of LODR Regulations
Provisions invoked
- s. 15
- s. 23J
- s. 21
- s. 23E
- s. 23I
Regulations
- Reg. 45(1)
- Reg. 45(3)
- Reg. 45(2)
- Reg. 45
Parties
- Siddharth Business Limited
Holding
The Noticee, Siddharth Business Limited, violated regulations 45(1) and 45(3) of the LODR Regulations by changing its name without obtaining prior approval from BSE and without submitting a Chartered Accountant's certificate confirming compliance with regulation 45(1). A monetary penalty of ₹50,000 was imposed under section 23E of the SCRA.
Full text
_________________________________________________________________________ Adjudication Order in the matter of Siddharth Business Limited Page 2 of 7 (File Ref No.: EAD-2/SS/VS/23/34/2018-19)
_________________________________________________________________________ Adjudication Order in the matter of Siddharth Business Limited Page 3 of 7 (File Ref No.: EAD-2/SS/VS/23/34/2018-19)
_________________________________________________________________________ Adjudication Order in the matter of Siddharth Business Limited Page 4 of 7 (File Ref No.: EAD-2/SS/VS/23/34/2018-19)
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Source: SecMarx — sebi:EAD-2/SS/VS/2018-19/1189. 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.