sebi:Order/GR/RK/2021-22/13914

SEBI · SEBI · 2021-02-09 · G Ramar, Adjudicating Officer

This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.

Facts / Headnote

Penalty imposed on the Noticee for non-compliance with summonses

Provisions invoked

• s. 11
• s. 15A
• s. 15
• s. 15H
• s. 15I
• s. 15J
• s. 11C
• s. 28A

Parties

• Shri Surajit Dutta

Holding

The Noticee, Shri Surajit Dutta, violated Section 11C(5) of the SEBI Act, 1992 by failing to comply with summonses issued by the Investigating Authority, and is liable to a monetary penalty of Rs. 5,00,000/- under Section 15HB of the SEBI Act, 1992.

Full text

Adjudication Order in respect of Shri Surajit Dutta in the matter of M/s Videocon Industries Limited Page 2 | 15 APPOINTMENT OF ADJUDICATING OFFICER

Adjudication Order in respect of Shri Surajit Dutta in the matter of M/s Videocon Industries Limited Page 3 | 15 by stock exchanges, bank statements, off market transactions/transfers and MCA data.

Adjudication Order in respect of Shri Surajit Dutta in the matter of M/s Videocon Industries Limited Page 4 | 15  Entity no 10 is a proprietor in entity no 9. 10 Piyush Mohan Agarwal AGLPA3654M  Off market transfer with entity number 5 in the scrip of VIL.  Fund transfer with entity no. 5.  Entity no 10 is a proprietor in entity no 9. 11 Anil AgarwalAFGPA8054H  Fund transfer with entity no.1 , 4, 5, 6 12 Superdeal Fincom Private Limited AAECS0527R  Fund transfer with Pastoral Enclave Pvt Ltd which had various fund transfer with entity no. 1,3,4,5

Source: SecMarx — sebi:Order/GR/RK/2021-22/13914. 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.