sebi:Order/MC/VS/2021-22/14400-14405
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Adjudication proceedings initiated vide SCN dated December 2, 2020 disposed of; allegations not established, no penalty imposed
Provisions invoked
- s. 10
- s. 13
- s. 16
- s. 23H
- s. 18
- s. 23
- s. 29A
- s. 17
- s. 68
- s. 143
Parties
- Neeraj Gupta
- Neena Gupta
- Shakuntala Devi
- Chanda Devi
- Mukul Sharma
- Sanjeev Kumar
Holding
The allegations against the six Noticees of violation of Section 16 SCRA read with SEBI Notification S.O. 184(E) dated March 01, 2000 and Sections 13 and 18 SCRA read with Section 2(i) SCRA in respect of off-market purchases of Golden Legand Leasing and Finance Ltd. shares from Somar Commodities Pvt. Ltd. do not stand established, and the adjudication proceedings are disposed of without penalty.
Full text
Adjudication Order in respect of Neeraj Gupta and 5 Ors. in the matter of Golden Legand Leasing and Finance Ltd. Page 2 of 19
Adjudication Order in respect of Neeraj Gupta and 5 Ors. in the matter of Golden Legand Leasing and Finance Ltd. Page 3 of 19
Adjudication Order in respect of Neeraj Gupta and 5 Ors. in the matter of Golden Legand Leasing and Finance Ltd. Page 4 of 19
You have read the preview. Create a free account to read the full order, track this party, and analyse it in Ontology.
Free accounts include 10 searches/day with full order access.
Source: SecMarx — sebi:Order/MC/VS/2021-22/14400-14405. 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.