sebi:ORDER/SBM/AK/2021-22/13999
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Facts / Headnote
Proceedings disposed of without penalty
Provisions invoked
- s. 15
- s. 19
- s. 15H
- s. 15I
- s. 58
- s. 56
Regulations
- Reg. 4(1)
- Reg. 3(a)
Parties
- Ambition Plaza Private Limited
Holding
The adjudication proceedings initiated against Ambition Plaza Private Limited were disposed of without imposing any penalty, as the Noticee had been converted to Ambition Plaza LLP and stood dissolved as a legal entity on March 17, 2016, prior to the initiation of proceedings on September 15, 2021.
Full text
_____________________________________________________________________________ Adjudication order in respect of Ambition Plaza Private Limited in the matter of Illiquid Stock Options at BSE Page 2 of 4
_____________________________________________________________________________ Adjudication order in respect of Ambition Plaza Private Limited in the matter of Illiquid Stock Options at BSE Page 3 of 4
_____________________________________________________________________________ Adjudication order in respect of Ambition Plaza Private Limited in the matter of Illiquid Stock Options at BSE Page 4 of 4
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Source: SecMarx — sebi:ORDER/SBM/AK/2021-22/13999. 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.