sebi:Order/MC/RM/2022-23/17568
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Facts / Headnote
Adjudication proceedings initiated vide SCN dated July 14, 2021 disposed of with no violation established and no penalty imposed
Provisions invoked
- s. 15
- s. 19
- s. 15H
- s. 15J
- s. 19G
- s. 19I
Regulations
- Reg. 20A
- Reg. 98
Parties
- Centrum Broking Ltd.
Holding
The alleged violations against Centrum Broking Ltd. were not established and the adjudication proceedings initiated vide SCN No. EAD5/MC/ST/2021/15254 dated July 14, 2021 are disposed of without imposition of penalty.
Full text
Adjudication Order against Centrum Broking Ltd. in the matter of Delta Leasing & Finance Ltd. Page 2 of 15 aforesaid alleged violations against the Noticee. The appointment of the AO was communicated vide order dated January 13, 2021.
Adjudication Order against Centrum Broking Ltd. in the matter of Delta Leasing & Finance Ltd. Page 3 of 15 7. The off market transactions executed during the investigation period were carried out electronically in dematerialized form by transfer from the account of a Beneficial Owner (Transferor or Source Client) to the account of another beneficial owner (Transferee or the Target Client) through Delivery Instruction Slips (DIS).
Adjudication Order against Centrum Broking Ltd. in the matter of Delta Leasing & Finance Ltd. Page 4 of 15 verifying such transactions with the BO, shall record the details of the process, date, time, etc., of the verification on the Instruction Slip under his signature”.
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Source: SecMarx — sebi:Order/MC/RM/2022-23/17568. 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.