sebi:Order/GR/BM/2021-22/15057
Facts / Headnote
Penalty imposed on the Noticee for violation of SEBI grievance redressal requirements
Provisions invoked
- s. 15
- s. 11(2)
- s. 15H
- s. 15J
- s. 28A
- s. 15C
Regulations relied on
- SEBI (Intermediaries) Regulations, 2008 — 13(1)
- SEBI (Intermediaries) Regulations, 2008 — 9(1)(c)
- SEBI (Investment Advisers) Regulations, 2013 — 21(1)
Parties
- Dwarka Prasad Gupta (Proprietor of HNI Research)
Holding
The Noticee violated SEBI Circular CIR/OIAE/2014 dated December 18, 2014 read with Regulation 21(1) of the IA Regulations and Regulation 9(1)(c) & 13(1) of the SEBI (Intermediaries) Regulations, 2008 by failing to redress investor complaints within the specified time. A penalty of Rs 1,00,000 was imposed under Section 15C of the SEBI Act, 1992.
Full text
_______________________________________________________________________________ Adjudication Order in respect of Dwarka Prasad Gupta (Proprietor of HNI Research), Investment Advisor.
_______________________________________________________________________________ Adjudication Order in respect of Dwarka Prasad Gupta (Proprietor of HNI Research), Investment Advisor.
_______________________________________________________________________________ Adjudication Order in respect of Dwarka Prasad Gupta (Proprietor of HNI Research), Investment Advisor.
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