sebi:EAD-8/KS/AA/AO/211/2018-19
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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
- Chhatisgarh Investments Limited
Holding
The adjudication proceedings against Chhatisgarh Investments Limited for failure to timely submit the Sharepro audit report as directed by SEBI order dated March 22, 2016 were disposed of without imposition of any monetary penalty under Section 15HB of the SEBI Act.
Full text
Page 2 of 11 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 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 ii) We are a law-abiding company and have an absolutely clean track record in terms of functioning and compliance and the corporate practices adopted by us are best among the corporate circles. iii) Over the years we have gained acceptability, steadily grown, and expanded manifold. We are a law abiding company and have always ensured that we follow best governance practices. Our track record in terms of regulatory compliances has been excellent. We have always maintained transparency in our business and affairs and have taken care of our investors interest.
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Source: SecMarx — sebi:EAD-8/KS/AA/AO/211/2018-19. 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.