sebi:Order/AA/AR/2020-21/9068
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Facts / Headnote
Penalty of Rs. 5,00,000 imposed on Coastal Fertilisers Ltd under section 15A(a) of the SEBI Act for violation of sections 11C(3) and 11C(5)
Provisions invoked
- s. 15A
- s. 15
- s. 15J
- s. 11C(6)
- s. 11C(3)
- s. 11C
- s. 28A
Parties
- Coastal Fertilisers Ltd
Holding
Coastal Fertilisers Ltd violated sections 11C(3) and 11C(5) of the SEBI Act by failing to comply with summons dated October 23, 2019 to produce documents and appear for statement, and is liable for monetary penalty under section 15A(a). A total penalty of Rs. 5,00,000 was imposed ex-parte.
Full text
___________________________________________________________________ Adjudication Order in respect of Coastal Fertilisers Ltd in the matter of Steel Exchange India Ltd Page 2 of 11
___________________________________________________________________ Adjudication Order in respect of Coastal Fertilisers Ltd in the matter of Steel Exchange India Ltd Page 3 of 11
___________________________________________________________________ Adjudication Order in respect of Coastal Fertilisers Ltd in the matter of Steel Exchange India Ltd Page 4 of 11
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Source: SecMarx — sebi:Order/AA/AR/2020-21/9068. 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.