sebi:Order/AA/MG/2019-20/7314
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Facts / Headnote
Adjudication proceedings initiated vide SCN dated January 30, 2018 disposed off without imposing any penalty
Provisions invoked
- s. 19
- s. 15C
- s. 15I(1)
Parties
- Mig-Weld and Machines Limited
Holding
The adjudication proceedings initiated against Mig-Weld and Machines Limited vide SCN dated January 30, 2018 are disposed of without imposing any penalty.
Full text
_________________________________________________________________________________ In the matter of Mig Weld and Machines Limited Page 2 of 5 APPOINTMENT OF ADJUDICATING OFFICER
_________________________________________________________________________________ In the matter of Mig Weld and Machines Limited Page 3 of 5 The Noticee was advised to file its reply if any, within 21 days of receipt of the SCN.
_________________________________________________________________________________ In the matter of Mig Weld and Machines Limited Page 4 of 5 light of the liquidation process of the Noticee, the ongoing Adjudication proceedings would continue or abate with respect to the Noticee. I note that, although, the Noticee is under liquidation, the proceedings in respect of determining the violation followed by imposition of penalty shall continue.
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Source: SecMarx — sebi:Order/AA/MG/2019-20/7314. 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.