sebi:Order/PM/NK/2019-20/5156
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Facts / Headnote
Show Cause Notice disposed of without imposition of penalty; no violation found
Provisions invoked
- s. 15A
- s. 15
- s. 23
Regulations
- Reg. 29
- Reg. 2(1)(s)
- Reg. 29(2)
- Reg. 2(1)(q)
- Reg. 201
- Reg. 2(1)(t)
- Reg. 2(1)
- Reg. 30(1)
Parties
- Vinay Kumar Garg (HUF)
Holding
The Noticee, Vinay Kumar Garg (HUF), was held not to be a promoter or promoter group entity and not acting in concert with the other promoters of Pawansut Holdings Limited, and therefore was not required to make disclosures under Regulation 29(2) read with Regulation 29(3) of SEBI (SAST) Regulations, 2011. The Show Cause Notice was disposed of without imposition of any penalty.
Full text
Adjudication Order in respect of Vinay Kumar Garg (HUF) in the matter of Trading Activities of Certain Entities in the Scrip of Pawansut Holdings Limited .
Adjudication Order in respect of Vinay Kumar Garg (HUF) in the matter of Trading Activities of Certain Entities in the Scrip of Pawansut Holdings Limited .
Adjudication Order in respect of Vinay Kumar Garg (HUF) in the matter of Trading Activities of Certain Entities in the Scrip of Pawansut Holdings Limited .
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Source: SecMarx — sebi:Order/PM/NK/2019-20/5156. 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.