sebi:Order/AA/JR/2020-21/9412
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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
- Awas Ayogen Vittnigam Ltd.
Holding
The Noticee, a listed company, violated SEBI Circulars dated June 3, 2011, August 13, 2012 and April 17, 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 Awas Ayogen Vittnigam 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 Awas Ayogen Vittnigam 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 the time specified by the Board. The Noticee was advised to file its reply if any, within 15 days from the date of receipt of the SCN. It is alleged that the Noticee has failed to provide the same.
In the matter of Awas Ayogen Vittnigam Ltd. Page 4 of 9 CONSIDERATION OF ISSUES AND FINDINGS 10. I have carefully perused the documents / evidence available on record. The issues that arise for consideration in the present case are:
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Source: SecMarx — sebi:Order/AA/JR/2020-21/9412. 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.