sebi:Order/JS/DJ/2018-19/1223-1227
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Facts / Headnote
Penalty imposed on all five Noticees under Section 15A(b) of the SEBI Act
Provisions invoked
- s. 15A
- s. 15
- s. 19
- s. 15J
- s. 15F
Regulations
- Reg. 29
- Reg. 7(1)(b)
- Reg. 7(2)(a)
- Reg. 7(2)(b)
- Reg. 201
- Reg. 29(1)
- Reg. 30(1)
Parties
- Enbee Trade & Finance Ltd
- Amar Narendra Gala
- Samta Gala
- Bharathi N. Gala
- Bharat Mamania
Holding
Enbee Trade & Finance Ltd violated Regulation 7(2)(b) of PIT Regulations 2015 by failing to disclose to the Stock Exchange upon receiving disclosure under Regulation 7(2)(a), and Amar Narendra Gala, Samta Gala, Bharathi N. Gala and Bharat Mamania violated Regulation 7(1)(b) of PIT Regulations 2015 by failing to disclose their shareholding to the company upon becoming promoters. A penalty of Rs. 1,00,000/- each was imposed on all five Noticees under Section 15A(b) of the SEBI Act.
Full text
Adjudication Order in respect of Enbee Trade & Finance Ltd, Amar Narendra Gala, Samta Gala, Bharathi N. Gala, and Bharat Mamania in the matter of Enbee Trade & Finance Ltd
Adjudication Order in respect of Enbee Trade & Finance Ltd, Amar Narendra Gala, Samta Gala, Bharathi N. Gala, and Bharat Mamania in the matter of Enbee Trade & Finance Ltd
Adjudication Order in respect of Enbee Trade & Finance Ltd, Amar Narendra Gala, Samta Gala, Bharathi N. Gala, and Bharat Mamania in the matter of Enbee Trade & Finance Ltd
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Source: SecMarx — sebi:Order/JS/DJ/2018-19/1223-1227. 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.