sebi:JS/SJ/01/2018-19
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Facts / Headnote
Penalty imposed on the noticee under Sections 15C and 15HB of the SEBI Act, 1992
Provisions invoked
- s. 15
- s. 19
- s. 15H
- s. 15J
- s. 15C
Parties
- Veronica Production Ltd. (Erstwhile M/s Jagran Productions Limited / Dhavnil Chemicals Ltd.)
Holding
The noticee was found to have violated the SEBI Circular by failing to redress four investor complaints within the specified time and failing to file the ATR in SCORES, and a penalty of Rs.1,00,000/- under Section 15C and Rs.1,00,000/- under Section 15HB of the SEBI Act was imposed.
Full text
Adjudication Order in respect of Veronica Production Ltd. (Erstwhile M/s Jagran Productions Limited / Dhavnil Chemicals Ltd.) Page 2 of 7 Production Limited, erstwhile M/s Jagran Productions Limited / Dhavnil Chemicals Ltd. (hereinafter referred to as “The noticee”).
Adjudication Order in respect of Veronica Production Ltd. (Erstwhile M/s Jagran Productions Limited / Dhavnil Chemicals Ltd.) Page 3 of 7 the noticee i.e. 130, Silver Chamber, Tagore Road, Opp. Atul Motors, Rajkot Gujarat – 360002. The said SCN was delivered to the noticee. However, the noticee did not reply to the same.
Adjudication Order in respect of Veronica Production Ltd. (Erstwhile M/s Jagran Productions Limited / Dhavnil Chemicals Ltd.) Page 4 of 7 grievances / complaints within the specified time and failed to file the ATR in SCORES in respect of the said investors grievances / complaints.
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Source: SecMarx — sebi:JS/SJ/01/2018-19. 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.