sebi:JJ/AM/AO-159/2014
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Penalty imposed on Murli Industries Limited for violation of Section 11C(2) and 11C(3) of the SEBI Act, 1992
Provisions invoked
- s. 15A
- s. 15J
- s. 15
- s. 11C
- s. 12
- s. 11C(3)
- s. 11C(2)
Parties
- Murli Industries Limited
Holding
Murli Industries Limited violated Section 11C(2) and 11C(3) of the SEBI Act, 1992 by failing to furnish true and complete information in response to SEBI summons dated September 19, 2011, and is liable for a monetary penalty of ₹30,00,000 under Section 15A(a) of the SEBI Act, 1992.
Full text
Adjudication Order in respect of Murli Industries Limited Page 2 of 29 November 28, 2014 v. Lakhi Packaging Private Limited (Lakhi) vi. Ramji Agri Business Private Limited (Ramji) vii. Ramkrishna Fabrication and Machineries Private Limited (Ramkrishna) viii. Runicha Alloys And Steel Private Limited (Runicha) ix. Simple Mining And Power Private Limited (Simple) x. Taitan Management Services Private Limited (Taitan)
Adjudication Order in respect of Murli Industries Limited Page 3 of 29 November 28, 2014 3. ITD also forwarded certain documents which indicated an agreement for
Adjudication Order in respect of Murli Industries Limited Page 4 of 29 November 28, 2014 (earlier known as Welspun – Gujarat Stahl Rohren Ltd.) (WCL),
You have read the preview. Create a free account to read the full order, track this party, and analyse it in Ontology.
Free accounts include 10 searches/day with full order access.
Source: SecMarx — sebi:JJ/AM/AO-159/2014. 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.