sebi:Order/AP/VS/2020-21/9534
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Facts / Headnote
SCN dated February 11, 2020 disposed of without imposition of penalty
Provisions invoked
- s. 15A
- s. 15
- s. 15I
- s. 11C(3)
- s. 11C(2)
- s. 7(2)
Regulations
- Reg. 7(2)(a)
Parties
- Snehbar Stockholdings Private Limited
Holding
The SCN dated February 11, 2020 against Snehbar Stockholdings Private Limited was disposed of without imposition of penalty, holding that requisite disclosures under Regulation 7(2)(a) of the PIT Regulations were made to OTL and that non-response to summons did not warrant penalty under Section 15A(a) of the SEBI Act.
Full text
_______________________________________________________________________________ Adjudication Order in respect of Snehbar Stockholdings Private Limited in the matter of Oasis Tradelink Limited Page 2 of 5
_______________________________________________________________________________ Adjudication Order in respect of Snehbar Stockholdings Private Limited in the matter of Oasis Tradelink Limited Page 3 of 5 3 September 05, 2019 Furnish the acknowledgment copies of disclosures filed with OTL Delivered No reply received
_______________________________________________________________________________ Adjudication Order in respect of Snehbar Stockholdings Private Limited in the matter of Oasis Tradelink Limited Page 4 of 5
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Source: SecMarx — sebi:Order/AP/VS/2020-21/9534. 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.