sebi:EAD-7/BJD/BKM/106/2018-19
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Facts / Headnote
Monetary penalty of Rs 1,00,000 imposed on the Noticee
Provisions invoked
- s. 15
- s. 19
- s. 15H
- s. 15J
- s. 19G
Regulations
- Reg. 20
- Reg. 20A
- Reg. 20(2)
Parties
- Maashitla Securities (P) Limited
Holding
The Noticee violated Regulation 20(2)(ca), SEBI Circular CIR/MIRSD/14/2011 and Clause 11 of Code of Conduct read with Regulation 20AA by continuing to act as depository participant after change in control without prior approval. A monetary penalty of Rs 1,00,000 was imposed under Section 15HB of the SEBI Act and Section 19G of the Depositories Act.
Full text
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____________________________________________________________________________________ Adjudication Order in the matter of Maashitla Securities Private Limited Page 4 of 14
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Source: SecMarx — sebi:EAD-7/BJD/BKM/106/2018-19. 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.