sebi:EAD-3/ORDER/JS/SP/2528-2529/2018-19
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Facts / Headnote
Violations established; monetary penalty of Rs. 10,00,000 imposed on each Noticee
Provisions invoked
- s. 15A
- s. 15
- s. 15J
- s. 15F
Regulations
- Reg. 7(1)
- Reg. 7(2)
Parties
- MJVVD Prakash
- Jyotsana Lakshmi
Holding
MJVVD Prakash and Jyotsana Lakshmi violated Regulation 7(1) read with Regulation 7(2) of SAST Regulations, 1997 by failing to disclose change in shareholding, and each Noticee was imposed a monetary penalty of Rs. 10,00,000 under Section 15A(b) of the SEBI Act.
Full text
Adjudication Order passed in respect of MJVVD Prakash and Jyotsana Lakshmi in the matter of Vaishnavi Gold Ltd. Page 2 of 9
Adjudication Order passed in respect of MJVVD Prakash and Jyotsana Lakshmi in the matter of Vaishnavi Gold Ltd. Page 3 of 9
Adjudication Order passed in respect of MJVVD Prakash and Jyotsana Lakshmi in the matter of Vaishnavi Gold Ltd. Page 4 of 9
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Source: SecMarx — sebi:EAD-3/ORDER/JS/SP/2528-2529/2018-19. 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.