sebi:Order/AP/SK/2020-21/10222
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Facts / Headnote
Adjudication proceedings initiated against the applicant vide SCN dated January 30, 2020 are disposed of on the basis of the settlement terms.
Provisions invoked
- s. 15H
- s. 15I
- s. 15J
Regulations
- Reg. 25
- Reg. 28
- Reg. 23(1)
- Reg. 3(1)
- Reg. 22
Parties
- ICICI Bank Limited
Holding
The adjudication proceedings against ICICI Bank Limited initiated by the SCN dated January 30, 2020 were disposed of pursuant to the acceptance of settlement terms and receipt of settlement charges of ₹28,40,625/-, in terms of section 15JB of the SEBI Act, 1992 read with regulation 23(1) of the Settlement Regulations.
Full text
_________________________________________________________________________________________ Settlement Order in the matter of ICICI Bank Limited
_________________________________________________________________________________________ Settlement Order in the matter of ICICI Bank Limited
Page 2 of 3 c) He has been victimized and retaliated for years and thus, ICICI has been willfully violating the Code of Ethics. d) The offer provided to him by ICICI to join the ICICI Foundation is detrimental to his interests and his banking career.
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Source: SecMarx — sebi:Order/AP/SK/2020-21/10222. 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.