sebi:EAD-5/BS/29/2017-18
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Facts / Headnote
Adjudication proceedings against Shri Piyush P. Avlani disposed of pursuant to settlement under Regulation 15(1) of Settlement Regulations, 2014, on payment of Rs. 9,52,000/-
Provisions invoked
- s. 12A
- s. 15H
Regulations
- Reg. 3
- Reg. 17
- Reg. 3(a)
- Reg. 15(1)
Parties
- Shri Piyush P. Avlani
Holding
The Adjudicating Officer disposed of the adjudication proceedings initiated against Shri Piyush P. Avlani for alleged synchronized trading in the scrip of Maharashtra Polybutenes Ltd., in terms of Regulation 15(1) of the Settlement Regulations, 2014, upon payment of settlement charges of Rs. 9,52,000/-.
Full text
Settlement Order in the matter of Maharasthra Polybutenes Ltd. Page 1 of 3 BEFORE THE ADJUDICATING OFFICER SECURITIES AND EXCHANGE BOARD OF INDIA, MUMBAI SETTLEMENT ORDER NO. EAD-5/BS/ 29/2017-18 SETTLEMENT ORDER On the Application No. 2934 of 2015
Page 2 of 3 3. Shri S.V. Krishnamohan was appointed as the Adjudicating Officer (AO) and subsequently the undersigned has been appointed as Adjudication Officer in the present matter vide order dated September 15, 2017 in the place of Shri S.V. Krishnamohan.
Page 3 of 3 aforesaid adjudication proceedings initiated against the Applicant namely Krosslink Infrastructure Limited vide Show Cause notice no. EAD- 5/ADJ/JJ/AM/OW/10582/2014 dated April 10, 2014.
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Source: SecMarx — sebi:EAD-5/BS/29/2017-18. 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.