sebi:Order/GR/PU/2022-23/17924-17930
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Facts / Headnote
Adjudication proceedings against Noticee No. 7 abated; penalties imposed on Noticee Nos. 1-6 for violations of Listing Agreement, SCRA, SEBI Act and PFUTP Regulations
Provisions invoked
- s. 15A
- s. 15
- s. 19
- s. 12A
- s. 81
- s. 15H
- s. 15J
- s. 28A
- s. 173
- s. 21
- s. 23J
- s. 23
- s. 23E
Regulations
- Reg. 3
- Reg. 4
- Reg. 2(1)(c)
- Reg. 3(a)
- Reg. 13(4)
- Reg. 73
- Reg. 73(1)(a)
Parties
- Mishka Finance and Trading Limited (Noticee No. 1)
- Noticee No. 2
- Noticee No. 3
- Noticee No. 4
- Noticee No. 5
- Noticee No. 6
- Vijay Kumar Jain (Noticee No. 7)
Holding
Noticee No. 7's adjudication proceedings were abated due to his death prior to initiation of proceedings. Noticee Nos. 1-6 were found to have violated Clause 35 and Clause 43 of the Listing Agreement read with Section 21 of SCRA, and Regulations 3(a), (b), (c), (d), 4(1), 4(2)(f), 4(2)(k), 4(2)(r) of PFUTP Regulations read with Section 12A(a), (b), (c) of SEBI Act, with penalties imposed under Section 23E of SCRA and Section 15HA of SEBI Act.
Full text
__________________________________________________________________________________ Adjudication order against Mishka Finance and Trading Limited and 6 others in the matter of Mishka Finance and Trading Ltd. Page 2 of 22
__________________________________________________________________________________ Adjudication order against Mishka Finance and Trading Limited and 6 others in the matter of Mishka Finance and Trading Ltd. Page 3 of 22
__________________________________________________________________________________ Adjudication order against Mishka Finance and Trading Limited and 6 others in the matter of Mishka Finance and Trading Ltd. Page 4 of 22
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Source: SecMarx — sebi:Order/GR/PU/2022-23/17924-17930. 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.