sebi:Order/BD/BM/2019-20/7021
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Facts / Headnote
Abated - proceedings disposed of without going into merits; no penalty imposed
Provisions invoked
- s. 11
- s. 15A
- s. 15
- s. 12
Regulations
- Reg. 4(1)
- Reg. 13(1)
- Reg. 3(a)
- Reg. 13(4)
- Reg. 29(1)
- Reg. 3(1)
Parties
- Vinayak Trimbak Sarkhot
Holding
The adjudication proceedings initiated against Late Shri Vinayak Trimbak Sarkhot vide SCN dated November 30, 2016 stand abated without going into the merits, and no penalty is imposed following his death on August 08, 2017.
Full text
Adjudication order in respect of Vinayak T Sarkhot in Finalysis Credit & Guarantee Co. Ltd. Page 2 of 5 Regulations, 1992 (hereinafter referred to as 'PIT Regulations’) in the matter of Finalysis Credit & Guarantee Company Ltd. (Finalysis) (hereinafter referred to as “Company/Finalysis”).
Adjudication order in respect of Vinayak T Sarkhot in Finalysis Credit & Guarantee Co. Ltd. Page 3 of 5 issued by SEBI to inquire into and adjudge under Section 15A(a), 15A(b), 15(H(ii) and 15HA of the SEBI Act, 1992, the aforesaid violations alleged to have been committed by the Noticee.
Adjudication order in respect of Vinayak T Sarkhot in Finalysis Credit & Guarantee Co. Ltd. Page 4 of 5 which was subsequently followed by SEBI in the matter of Late Mr. N Mahalingam and Late Ms. Aruna Kumar.
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Source: SecMarx — sebi:Order/BD/BM/2019-20/7021. 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.