sebi:EAD-3/JS/GSS/1392/2018-19
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Facts / Headnote
Penalty of Rs.5,00,000 imposed on Noticee No.1 Regency Hospital Limited under Section 15A(b) for violation of Regulation 8A(4); no violation found against Noticee No.2 and Noticee No.3 under Regulation 8A(2)
Provisions invoked
- s. 15A
- s. 15I
- s. 15J
- s. 15
- s. 15F
Regulations
- Reg. 7(1)
- Reg. 8
- Reg. 8A
- Reg. 8A(2)
Parties
- M/s. Regency Hospital Limited
- Dr. Atul Kapoor
- Dr. Rashmi Kapoor
Holding
Noticee No.1 Regency Hospital Limited violated Regulation 8A(4) of SEBI SAST Regulations, 1997 by failing to disclose promoter pledged-share information to the stock exchange and is liable to penalty under Section 15A(b) of Rs.5,00,000, while Noticee No.2 and Noticee No.3 complied with Regulation 8A(2) by disclosing pledges to the company.
Full text
Adjudication Order in the matter of Regency Hospital Limited 2 into and adjudge the alleged violations committed by Noticees. Pursuant to transfers of AOs, the matter is being proceeded further in terms of transfer order dated May 18, 2017.
Adjudication Order in the matter of Regency Hospital Limited 3 10. However, since the documents filed by Noticee no. 2 & 3 vide their letter dated March 12, 2018 were not authenticated copies, Noticee no. 2 & 3, vide letters dated June 04, 2018 were advised to submit authenticated copies of the documents as recorded in the hearing minutes dated February 14, 2018.
Adjudication Order in the matter of Regency Hospital Limited 4 Dr. Rashmi Kapoor 1,03, 171 Submitted by letter dated 26.11.2010 which is duly acknowledged by RHL. RHL by letter dated 17.02.2018 confirmed that the disclosure was received by Company within the stipulated time Annexure - 5
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Source: SecMarx — sebi:EAD-3/JS/GSS/1392/2018-19. 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.