sebi:JS/DJ/32/2018-19
Facts / Headnote
Adjudication proceedings against Mr. L S Patil disposed of pursuant to settlement under Regulation 15(1) of Settlement Regulations, 2014
Provisions invoked
- s. 15A
- s. 15I
Regulations relied on
- SEBI (PIT) Regulations, 1992 — 13(3)
- SEBI (PIT) Regulations, 2015 — 12
- SEBI (SAST) Regulations, 1997 — 7(1a)
- SEBI (SAST) Regulations, 2011 — 35
Parties
- Mr. L S Patil
Holding
The pending adjudication proceedings initiated against Mr. L S Patil for alleged violations of SAST and PIT Regulations are disposed of in terms of Regulation 15(1) of the Settlement Regulations, 2014, upon receipt of settlement charges of Rs.48,25,866/-. The settlement order is passed without prejudice to SEBI's right to take enforcement actions in specified circumstances.
Full text
_____________________________________________________________________________________ Settlement Order in respect of Mr. L S Patil in the matter of Sangam Health Care Products Ltd Page 1 of 2
_____________________________________________________________________________________ Settlement Order in respect of Mr. L S Patil in the matter of Sangam Health Care Products Ltd Page 2 of 2
SETTLEMENT ORDER NO. JS/DJ/32/2018-19 SETTLEMENT ORDER On the Application No. 3160/2016 Submitted by Mr. L S Patil in the matter of Sangam Health Care Products Ltd ____________________________________________________________________________
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Source: SecMarx — sebi:JS/DJ/32/2018-19. 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.