sebi:Order/AA/AR/2019-20/3801
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Facts / Headnote
Penalty imposed on the Noticee for failure to adopt Code of Conduct for Prevention of Insider Trading as near thereto the Model Code of Conduct prescribed under PIT Regulations
Provisions invoked
- s. 15
- s. 15H
- s. 15J
- s. 28A
Regulations
- Reg. 12(1)
Parties
- Mr. Sidharth C.A
Holding
The Noticee, as Compliance Officer of 8K Miles Software Services Limited, failed to supervise the adoption of a Code of Conduct for Prevention of Insider Trading as near thereto the Model Code of Conduct prescribed under Regulation 12(1) of the PIT Regulations, and is liable for a monetary penalty of Rs. 1,00,000 under Section 15HB of the SEBI Act.
Full text
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Source: SecMarx — sebi:Order/AA/AR/2019-20/3801. 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.