sebi:Order/JS/DJ/2018-19/1217-1221
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Facts / Headnote
Penalty imposed
Provisions invoked
- s. 15A
- s. 15
- s. 15J
- s. 11C(3)
- s. 15F
- s. 128
Parties
- Vital Communications Ltd
- Manoj Kumar
- Shyam Sunder Sabharwal
- Kalpana
- Roop Singh
Holding
A penalty of Rs. 5,00,000/- was imposed jointly and severally on Vital Communications Ltd and its four directors for failing to comply with SEBI's summonses, thereby violating Section 11C(3) of the SEBI Act.
Full text
____________________________________________________________________________ Adjudication Order in respect of Vital Communications Ltd, Manoj Kumar, Shyam Sunder Sabharwal, Kalpana and Roop Singh in the matter of Vital Communications Ltd for non-compliance of summons || Page 2 of 18
____________________________________________________________________________ Adjudication Order in respect of Vital Communications Ltd, Manoj Kumar, Shyam Sunder Sabharwal, Kalpana and Roop Singh in the matter of Vital Communications Ltd for non-compliance of summons || Page 3 of 18
____________________________________________________________________________ Adjudication Order in respect of Vital Communications Ltd, Manoj Kumar, Shyam Sunder Sabharwal, Kalpana and Roop Singh in the matter of Vital Communications Ltd for non-compliance of summons || Page 4 of 18
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Source: SecMarx — sebi:Order/JS/DJ/2018-19/1217-1221. 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.