sebi:Order/BM/UR/2021-22/15326
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Facts / Headnote
Violation affirmed; penalty of Rs 2,00,000 imposed under Section 15HA on remand
Provisions invoked
- s. 15
- s. 19
- s. 15H
- s. 15J
- s. 28A
Regulations
- Reg. 3
- Reg. 3(a)
Parties
- Raman Goyal
Holding
The SAT-affirmed violation of Regulations 3 and 4 of the PFUTP Regulations for circular/reversal trades in Octant was sustained, and on remand limited to quantum of penalty the Adjudicating Officer imposed a penalty of Rs 2,00,000 under Section 15HA on Raman Goyal.
Full text
___________________________________________________________________ Adjudication Order in the matter of Octant Intervative Technologies Limited Page 2 of 7
___________________________________________________________________ Adjudication Order in the matter of Octant Intervative Technologies Limited Page 3 of 7
___________________________________________________________________ Adjudication Order in the matter of Octant Intervative Technologies Limited Page 4 of 7
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Source: SecMarx — sebi:Order/BM/UR/2021-22/15326. 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.