sebi:EAD-2/SS/VS/2018-19/2020-2022
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Facts / Headnote
Penalty of Rs 1,00,00,000 under section 15H and Rs 1,00,00,000 under section 15HB imposed jointly and severally, total Rs 2,00,00,000 payable within 45 days
Provisions invoked
- s. 15
- s. 15H
- s. 15I
- s. 15J
Regulations
- Reg. 13
- Reg. 11
- Reg. 14(1)
- Reg. 44
- Reg. 45
- Reg. 10
- Reg. 11(1)
Parties
- Ms. Sangeeta Sethia
- Mr. Swaminathan Rajendran
- Mr. Prabhat Sethia
Holding
The Noticees contravened regulation 11(1) read with regulation 14(1) of the SAST Regulations by acquiring additional shares as persons acting in concert without making a public announcement and failed to comply with SEBI order dated April 04, 2013, and are liable for monetary penalty under sections 15H and 15HB of the SEBI Act jointly and severally.
Full text
________________________________________________________________________ Adjudication Order in the matter of Filatex Fashions Limited Page 2 of 10 (File Ref No.: EAD-2/SS/VS/53/127-129/2018-19)
________________________________________________________________________ Adjudication Order in the matter of Filatex Fashions Limited Page 3 of 10 (File Ref No.: EAD-2/SS/VS/53/127-129/2018-19)
________________________________________________________________________ Adjudication Order in the matter of Filatex Fashions Limited Page 4 of 10 (File Ref No.: EAD-2/SS/VS/53/127-129/2018-19)
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Source: SecMarx — sebi:EAD-2/SS/VS/2018-19/2020-2022. 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.