sebi:Order/AA/MG/2019-20/4172
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Facts / Headnote
Violation established; monetary penalty imposed
Provisions invoked
- s. 15A
- s. 15
- s. 19
- s. 15J
- s. 15F
- s. 28A
- s. 15I(1)
Regulations
- Reg. 13
- Reg. 13(6)
- Reg. 13(4)
- Reg. 13(5)
Parties
- Jigar Harish Mehta
Holding
The Noticee, a promoter of Onward Technologies Limited, violated Regulation 13(4A) read with Regulation 13(5) of PIT Regulations, 1992 on three occasions by failing to disclose acquisitions within the stipulated time, and is liable to a monetary penalty of Rs. 2,00,000 under Section 15A(b) of the SEBI Act.
Full text
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Source: SecMarx — sebi:Order/AA/MG/2019-20/4172. 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.