sebi:EAD-8/KS/AA/AO/197/2018-19
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Facts / Headnote
Adjudication proceedings initiated vide Show Cause Notice dated August 07, 2018 disposed of without imposition of any monetary penalty.
Provisions invoked
- s. 15
- s. 15H
Parties
- VMV Holidays Limited
Holding
The adjudication proceedings against VMV Holidays Limited for failure to submit the Sharepro audit report to SEBI as directed by the Whole Time Member order dated March 22, 2016 were disposed of without imposition of any monetary penalty.
Full text
Page 2 of 9 cases where violations are observed, in accordance with the provisions of law and inform SEBI accordingly. 12. Companies who are clients of Sharepro are also advised to carry out / switchover their activities related to a registrar to an issue and share transfer agent, either in- house or through another registrar to an issue or share transfer agent registered with SEBI. Sharepro shall provide the requisite cooperation to these companies for the purpose. ….”
Page 3 of 9 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 9 vmvholidays.sme@gmail.com and is also attached for your reference. Furthermore, the document was not submitted to SEBI inadvertently, that it was without any wilful or mala-fide and was purely unintentional.
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Source: SecMarx — sebi:EAD-8/KS/AA/AO/197/2018-19. 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.