sebi:Order/GR/RK/2021-22/13337
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Penalty of Rs. 1,00,000 imposed on the Noticee under Section 15A(b); charge under Regulation 7(2)(b) dropped
Provisions invoked
- s. 15A
- s. 15
- s. 15I
- s. 15J
- s. 28A
Regulations
- Reg. 7
- Reg. 7(2)(a)
- Reg. 7(2)(b)
- Reg. 201
Parties
- Electroparts (India) Pvt. Ltd.
Holding
The Noticee violated Regulation 7(2)(a) of the PIT Regulations, 2015 for off-market transfers exceeding Rs. 10 lakhs in June 2017 quarter, while the charge under Regulation 7(2)(b) was dropped, and a monetary penalty of Rs. 1,00,000 was imposed under Section 15A(b) of the SEBI Act, 1992.
Full text
Adjudication Order in respect of Electroparts (India) Pvt. Ltd. in the matter of M/s Videocon Industries Limited Page 2 | 11
Adjudication Order in respect of Electroparts (India) Pvt. Ltd. in the matter of M/s Videocon Industries Limited Page 3 | 11
Adjudication Order in respect of Electroparts (India) Pvt. Ltd. in the matter of M/s Videocon Industries Limited Page 4 | 11
You have read the preview. Create a free account to read the full order, track this party, and analyse it in Ontology.
Free accounts include 10 searches/day with full order access.
Source: SecMarx — sebi:Order/GR/RK/2021-22/13337. 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.