sebi:ISD/KBPL-CJ/AO/DRK-DS/EAD3-458/01-2014
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Facts / Headnote
Penalty of Rs. 2,62,500 imposed on the noticee
Provisions invoked
- s. 15A
- s. 15
- s. 15J
Regulations
- Reg. 13
- Reg. 13(5)
Parties
- Ms. Chanchal Jain
Holding
Ms. Chanchal Jain failed to comply with Regulation 13(4A) read with Regulation 13(5) of the PIT Regulations with respect to purchase of 1,00,000 shares and is liable under Section 15A(b) of the SEBI Act. A penalty of Rs. 2,62,500 is imposed for the failure.
Full text
Page 2 of 6 as the Adjudicating Officer was communicated vide communiqué dated May 10, 2013. SHOW CAUSE NOTICE, HEARING AND REPLY
Page 3 of 6 b. I submit that disclosure of purchase of 1,00,000 shares from Metex Marketing Pvt. Ltd. remained to be disclosed which may please be
Page 4 of 6 from the records neither we have received any letter from the noticee authorising Mamta to make submissions on behalf of the noticee, nor Mamta made any
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Source: SecMarx — sebi:ISD/KBPL-CJ/AO/DRK-DS/EAD3-458/01-2014. 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.