sebi:Order/AA/AR/2020-21/7586
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Adjudication proceedings initiated vide SCN ref no: SEBI/EAD-1/AA/ASR/27088/2019 dated October 15, 2019 are settled and disposed of upon payment of settlement charges.
Provisions invoked
- s. 15H
Regulations
- Reg. 25
- Reg. 28
- Reg. 23(1)
- Reg. 4(2)(f)(i)
Parties
- Mr. Ness N. Wadia
Holding
The adjudication proceedings initiated against Mr. Ness N. Wadia vide SCN dated October 15, 2019 for alleged violations of LODR Regulations are settled and disposed of in terms of the agreed settlement terms upon payment of Rs. 23,41,750.
Full text
_______________________________________________________________________ Settlement Order in respect of Mr. Ness N. Wadia Page 2 of 3
_______________________________________________________________________ Settlement Order in respect of Mr. Ness N. Wadia Page 3 of 3
listed companies regarding his arrest / detention and sentencing by the Japanese Court which were required to be made under the provisions of the Regulations 4(2)(f)(i)(2), 4(2)(f)(iii)(3), 4(2)(f)(iii)(6), 4(2)(f)(iii)(13) and 26(3) of LODR.
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Source: SecMarx — sebi:Order/AA/AR/2020-21/7586. 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.