sebi:EAD-5/BS/AO/29/2017-18
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Facts / Headnote
Disposed of without imposition of any penalty
Provisions invoked
- s. 15
- s. 15H
- s. 248
Parties
- Giriraj Print Plast Limited
Holding
The Adjudication proceedings against Giriraj Print Plast Ltd for failure to obtain SCORES authentication were disposed of without imposition of any penalty, as the company had been dissolved by ROC Mumbai and no investor complaints were pending.
Full text
Adjudication Order in respect of Giriraj Print Plast Limited Page 2 of 5 stated that failure by any listed company to obtain SCORES authentication would not only be deemed as non-redressal of investor grievances, but, also indicate wilful avoidance of the same.
Adjudication Order in respect of Giriraj Print Plast Limited Page 3 of 5 not be initiated and penalty be not imposed under section 15HB of SEBI Act, 1992, for the alleged violation of the provisions of the SEBI Consolidated Circular by not obtaining SCORES authentication.
Adjudication Order in respect of Giriraj Print Plast Limited Page 4 of 5 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/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.