sebi:EAD-8/KS/AA/AO/192/2018-19
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Facts / Headnote
Penalty of Rs. 1,00,000 imposed on the Noticee under Section 15HB of the SEBI Act
Provisions invoked
- s. 15A
- s. 15
- s. 15H
- s. 15J
- s. 15F
Parties
- Technojet Consultants Limited
Holding
The Adjudicating Officer held that Technojet Consultants Limited failed to comply with the directions issued by the Whole Time Member vide order dated March 22, 2016 by not conducting an audit of the records and systems of Sharepro and not submitting the audit report to SEBI, and imposed a penalty of Rs. 1,00,000 under Section 15HB of the SEBI Act.
Full text
Page 2 of 11 months from the date of this order, the companies shall take appropriate action, in cases where violations are observed, in accordance with the provisions of law and inform SEBI accordingly.
Page 3 of 11 SEBI Act for its alleged failure to comply with the directions issued by Whole Time Member of SEBI vide order dated March 22, 2016.
Page 4 of 11 dated August 23, 2018. Shri J. C. Bham, Director of the Noticee and Shri Chandukumar Parmar, Company Secretary, appeared as the Authorized Representatives (‘ARs’) on behalf of the Noticee in the hearing on August 30,
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Source: SecMarx — sebi:EAD-8/KS/AA/AO/192/2018-19. 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.