sebi:Order/MS/SB/2018-19/773
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Facts / Headnote
SCN dated January 30, 2014 disposed off with no penalty imposed
Provisions invoked
- s. 15
Parties
- Essar (India) Limited
Holding
The SCN dated January 30, 2014 issued to Essar (India) Limited was disposed off without imposing penalty, holding that proceedings cannot continue against Esaar (India) Limited which was not specifically named in the terms of reference appointing the Adjudicating Officer.
Full text
Page 2 of 4 violation of the noticee as aforesaid. Pursuant to her transfer, Shri P. Mahapatra was appointed as AO. Subsequent to his transfer, the undersigned was appointed as AO vide
Page 3 of 4 CONSIDERATION OF ISSUES AND FINDINGS 4. I have examined the material available on records and the issues that arise for consideration in the present case are:
Page 4 of 4 ORDER 8. After taking into consideration all the facts and circumstances of the case as aforesaid, I dispose off the SCN dated January 30, 2014 issued to the noticee, Essar (India) Limited.
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Source: SecMarx — sebi:Order/MS/SB/2018-19/773. 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.