sebi:EAD-5/BS/AO/116/2017-18
Facts / Headnote
Disposed of without imposition of any penalty
Provisions invoked
- s. 15
- s. 15H
Parties
- Innovision E-Commerce Ltd.
Holding
The adjudication proceedings initiated against Innovision E-Commerce Ltd. vide SCN no. EAD-6/AK/VG/11136/2017 dated May 17, 2017 for failure to obtain SCORES authentication are disposed of without imposition of any penalty.
Full text
Page 2 of 5 action under the rescinded circulars before the date of issuance of SEBI Consolidated Circular, shall be deemed to have been done or taken or commenced under the provisions of SEBI Consolidated Circular.
Page 3 of 5 6. Subsequently vide hearing notice dated November 08, 2017, Noticee was granted an opportunity of personal hearing on November 22, 2017. As both SCN and hearing notice returned undelivered, the same were published in the newspaper on February 20, 2018 and was advised to appear for the personal hearing on March 21, 2018. However, Noticee failed to appear for the personal hearing.
Page 4 of 5 dated June 3, 2011, CIR/OIAE/1/2012 dated August 13, 2012, CIR/OIAE/1/2013 dated April 17, 2013 and CIR/OIAE/1/2014 dated December 18, 2014.
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Source: SecMarx — sebi:EAD-5/BS/AO/116/2017-18. 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.