sebi:EAD-5/BS/14/2017-18
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Facts / Headnote
Adjudication proceedings against Sameer Financial Services Pvt. Ltd. disposed of pursuant to settlement on payment of Rs. 2,66,250/-
Regulations
- Reg. 17
- Reg. 15(1)
- Reg. 29(2)
Parties
- Sameer Financial Services Pvt. Ltd.
Holding
The adjudication proceedings initiated against Sameer Financial Services Pvt. Ltd. vide Show Cause Notice dated March 22, 2017 are disposed of pursuant to settlement on payment of Rs. 2,66,250/- towards settlement charges.
Full text
Settlement Order in respect of Sameer Financial Services Pvt. Ltd. in the matter of Emed.com Technologies Ltd. Page 2 of 3 shareholding to Stock Exchange within 2 working days, and thus violated the provisions of Regulations 29(2) read with 29(3) of SAST Regulations.
Settlement Order in respect of Sameer Financial Services Pvt. Ltd. in the matter of Emed.com Technologies Ltd. Page 3 of 3
3. While the adjudication proceedings pursuant to the said SCN were in progress, Applicant, had submitted an application with SEBI in terms of SEBI (Settlement of Administrative and Civil Proceedings) Regulations, 2014 (hereinafter referred to as the “Settlement Regulations, 2014”) proposing to settle, through settlement order, the aforementioned adjudication proceedings for the alleged violations.
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Source: SecMarx — sebi:EAD-5/BS/14/2017-18. 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.