sebi:Order/AK/DK/2021-22/13509
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Facts / Headnote
Abated / disposed of without going into merits - no penalty imposed
Provisions invoked
- s. 15H
Regulations
- Reg. 3(a)
Parties
- Late Sri Kunwari Devi Singhi
Holding
The adjudication proceedings initiated against Late Sri Kunwari Devi Singhi vide SCN dated August 18, 2021 stand abated and are disposed of with no penalty imposed because the Noticee expired on December 4, 2019 before issuance of the SCN.
Full text
Adjudication Order in respect of Late Sri Kunwari Devi Singhi in the matter of dealings in Illiquid Stock Options at the BSE
Adjudication Order in respect of Late Sri Kunwari Devi Singhi in the matter of dealings in Illiquid Stock Options at the BSE
Page 2 of 3 (hereinafter be referred to as ‘SEBI Act, 1992’) read with Rule 3 of the SEBI (Procedure for Holding Inquiry and Imposing Penalties) Rules, 1995 (hereinafter be referred to as ‘Adjudication Rules, 1995’) vide order dated July 02, 2021 to inquire into and adjudge under Section 15HA of the SEBI Act, 1992 against the Noticee for the alleged violation of aforesaid provisions of PFUTP Regulations, 2003.
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Source: SecMarx — sebi:Order/AK/DK/2021-22/13509. 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.