sebi:Order/AP/SK/2020-21/10006
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Facts / Headnote
Penalty imposed on Noticee for violations of PIT Regulations; SAST Regulation violations not sustained
Provisions invoked
- s. 15A
- s. 15
- s. 15H
- s. 15I
- s. 15J
- s. 28A
Regulations
- Reg. 13
- Reg. 13(1)
- Reg. 13(3)
- Reg. 29(2)
- Reg. 12(2)
Parties
- Comfort Intech Ltd.
Holding
The Noticee was found to have violated Regulation 13(3) and 13(1) of the PIT Regulations read with Regulation 12(2) of PIT Regulations, 2015 for failing to disclose two shareholding change transactions, and a monetary penalty of ₹1,00,000 was imposed under Section 15A(b) of the SEBI Act. The allegations under SAST Regulations regarding delayed/incorrect/failure to disclose pledge transactions were not sustained.
Full text
______________________________________________________________________________________ Adjudication Order in respect of Comfort Intech Ltd. in the matter of Ravi Kumar Distilleries Ltd. Page 2 of 14
______________________________________________________________________________________ Adjudication Order in respect of Comfort Intech Ltd. in the matter of Ravi Kumar Distilleries Ltd. Page 3 of 14
______________________________________________________________________________________ Adjudication Order in respect of Comfort Intech Ltd. in the matter of Ravi Kumar Distilleries Ltd. Page 4 of 14
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Source: SecMarx — sebi:Order/AP/SK/2020-21/10006. 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.