sebi:Order/AA/JR/2020-21/9409
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Facts / Headnote
Penalty imposed on the Noticee
Provisions invoked
- s. 15
- s. 19
- s. 15H
- s. 15J
- s. 28A
- s. 15C
- s. 15I(1)
Parties
- Maa Leafin and Capital Ltd.
Holding
The Noticee violated SEBI Circulars CIR/OIAE/2/2011, CIR/OIAE/1/2012 and CIR/OIAE/1/2013 by failing to obtain SCORES Authentication and redress investor grievances, and a penalty of Rs. 1,00,000 was imposed under Sections 15C and 15HB of the SEBI Act.
Full text
In the matter of Maa Leafin and Capital Ltd. Page 2 of 9 15C and 15HB of the Securities and Exchange Board of India Act, 1992 (hereinafter referred to as "SEBI Act") against the Noticee.
In the matter of Maa Leafin and Capital Ltd. Page 3 of 9 c) Therefore, it is alleged that the Noticee has failed to provide details for creation of user account on SCORES and redress the pending investor grievance within time specified by the Board. The Noticee was advised to file its reply if any, within 15 days of receipt of the SCN. It is alleged that the Noticee has failed to provide the same.
In the matter of Maa Leafin and Capital Ltd. Page 4 of 9 available documents and information. CONSIDERATION OF ISSUES AND FINDINGS
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