sebi:Order/NR/2021-2022/12052
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Facts / Headnote
Violation of Regulation 8(2) found; penalty of Rs. 1,00,000 imposed; allegation under Regulation 8(1) not established
Provisions invoked
- s. 15A
- s. 15
- s. 15J
- s. 15F
Regulations
- Reg. 6
- Reg. 8(2)
- Reg. 8(1)
Parties
- Ms. Chandra Devi
Holding
The Noticee, being a promoter of Himachal Fibres Limited, violated Regulation 8(2) of SAST Regulations, 1997 by delayed yearly disclosures for F.Y. 2001, 2002, 2003, 2005 and 2006, but did not violate Regulation 8(1); a monetary penalty of Rs. 1,00,000 under Section 15A(b) was imposed.
Full text
Adjudication Order in the matter of Himachal Fibres Limited Page 2 of 7 3. Subsequently, undersigned was appointed as Adjudicating officer vide order dated Dec 09, 2014.
Adjudication Order in the matter of Himachal Fibres Limited Page 3 of 7 II. Does the violation, if any, on the part of the Noticee attract monetary
Adjudication Order in the matter of Himachal Fibres Limited Page 4 of 7 Issue I: Whether the Noticee has violated Regulation 8(1) and 8(2) of the SAST Regulations, 1997?
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Source: SecMarx — sebi:Order/NR/2021-2022/12052. 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.