sebi:Order/AK/BS/2022-23/28578
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Facts / Headnote
Adjudication proceedings abated; Show Cause Notice dated November 25, 2021 disposed of without going into merits
Provisions invoked
- s. 15
- s. 15H
Regulations
- Reg. 26
Parties
- Late Rukmini Devi Agarwal
Holding
The adjudication proceedings against the deceased Noticee are liable to be abated without going into the merits of the case, and the Show Cause Notice dated November 25, 2021 issued against her is disposed of accordingly.
Full text
Adjudication Order in respect of Late Rukmini Devi Agarwal in the matter of dealing in Illiquid options on the BSE Page 2 of 4 / rights in the contracts. These factors indicated that these trades were allegedly artificial and non- genuine in nature.
Adjudication Order in respect of Late Rukmini Devi Agarwal in the matter of dealing in Illiquid options on the BSE Page 3 of 4 Scheme, 2022, Noticee was advised to file a reply to the SCN within 30 days of the receipt of the SCN.
Adjudication Order in respect of Late Rukmini Devi Agarwal in the matter of dealing in Illiquid options on the BSE Page 4 of 4
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Source: SecMarx — sebi:Order/AK/BS/2022-23/28578. 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.