sebi:Order/KS/AS/2021-22/11549-11550
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Facts / Headnote
Adjudication proceedings disposed of without going into the merits of the case, as the Noticees had been struck off the Register of Companies and dissolved.
Provisions invoked
- s. 15A
- s. 15
- s. 19
- s. 12A
- s. 15H
- s. 248(5)
Regulations
- Reg. 3
- Reg. 13(1)
- Reg. 13(3)
- Reg. 3(a)
- Reg. 29(2)
- Reg. 29(1)
- Reg. 13(13)
Parties
- Shelter Sales Agency Private Limited
- Amrusha Mercantile Private Limited
Holding
The Adjudicating Officer disposed of the adjudication proceedings initiated against Shelter Sales Agency Private Limited and Amrusha Mercantile Private Limited vide SCN dated November 02, 2018, without going into the merits of the case, because the Noticees had been struck off and dissolved.
Full text
Page 2 of 13 Trade Practices relating to Securities Market) Regulations, 2003 (hereinafter referred to as PFUTP Regulations, 2003) by certain entities.
Page 3 of 13 affixture/ hand delivery. Therefore, the SCN was served on the Noticees vide publication on August 10, 2020. Further, Noticees were granted opportunity of personal hearing on October 05, 2020, vide publication on September 16, 2020. However, no communication was received for the Noticees as regards the SCN.
Page 4 of 13 8. Before moving forward further, the relevant extracts of the provision of law, allegedly violated by the Noticees, are mentioned as under-
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Source: SecMarx — sebi:Order/KS/AS/2021-22/11549-11550. 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.