sebi:Order/MC/VS/2019-20/7017-7020
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Facts / Headnote
Penalty of Rs.1,00,000 each imposed on Parvati Minerals Private Limited, Target Mining Private Limited and Twist Barter Private Limited; no violation held against Interface Financial Services Limited
Provisions invoked
- s. 15A
- s. 15
- s. 15J
Regulations
- Reg. 13
- Reg. 13(1)
- Reg. 13(3)
- Reg. 29
- Reg. 13(6)
- Reg. 29(1)
- Reg. 17
Parties
- Parvati Minerals Private Limited
- Interface Financial Services Limited
- Target Mining Private Limited
- Twist Barter Private Limited
Holding
Noticee No.1 violated Regulation 29(3)(a) of the SAST Regulations and Noticee Nos.3 and 4 violated Regulation 13(1) of the PIT Regulations and Regulation 29(1) and (3) of the SAST Regulations, attracting Rs.1,00,000 penalty each under Section 15A(b); Noticee No.2 was not held to have violated Regulation 13(6) of the PIT Regulations.
Full text
Adjudication Order in respect of Parvati Minerals Private Limited, Interface Financial Services Limited, Target Mining Private Limited and Twist Barter Private Limited in the matter of Interface Financial Services Limited
Adjudication Order in respect of Parvati Minerals Private Limited, Interface Financial Services Limited, Target Mining Private Limited and Twist Barter Private Limited in the matter of Interface Financial Services Limited
Adjudication Order in respect of Parvati Minerals Private Limited, Interface Financial Services Limited, Target Mining Private Limited and Twist Barter Private Limited in the matter of Interface Financial Services Limited
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Source: SecMarx — sebi:Order/MC/VS/2019-20/7017-7020. 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.