sebi:MC/DPS/2018-19/58
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Facts / Headnote
Settled - adjudication proceedings disposed of on payment of settlement amount
Provisions invoked
- s. 15A
- s. 15I
Regulations
- Reg. 17
- Reg. 25
- Reg. 23(1)
- Reg. 15(1)
- Reg. 31(1)
Parties
- Shri Vikram Bhawanishankar Sharma
Holding
The adjudication proceedings initiated against Shri Vikram Bhawanishankar Sharma vide Show Cause Notice EAD/SG/VS/1124/2018 dated January 10, 2018 for alleged violation of regulation 31(1) read with 31(3) of SAST Regulations are disposed of through summary settlement on payment of Rs. 3,55,806.
Full text
BEFORE THE ADJUDICATING OFFICER SECURITIES AND EXCHANGE BOARD OF INDIA SETTLEMENT ORDER NO. MC/DPS/2018-19/58 SETTLEMENT ORDER On the Application No. 3511 of 2018 Submitted by Shri Vikram Bhawanishankar Sharma In the matter of M/s Supreme Infra India Limited.
Settlement Order in respect of Shri Vikram Bhawanishankar Sharma in the matter of M/s Supreme Infra India Limited Page 2 of 4
Settlement Order in respect of Shri Vikram Bhawanishankar Sharma in the matter of M/s Supreme Infra India Limited Page 3 of 4
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Source: SecMarx — sebi:MC/DPS/2018-19/58. 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.