sebi:Order/PM/SM/2021-22/12545
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Facts / Headnote
Violation of regulation 52(1) held established; penalty of Rs. 3,00,000 imposed under section 15A(b)
Provisions invoked
- s. 11
- s. 15A
- s. 15
- s. 11(1)
- s. 15J
- s. 15F
- s. 151
Regulations
- Reg. 102
- Reg. 52(1)
- Reg. 101
- Reg. 102(3)
Parties
- RMZ Ecoworld Infrastructure Private Limited
Holding
The Noticee violated regulation 52(1) of the LODR Regulations, 2015 by filing half-yearly results for period ended March 31, 2020 with a delay of four months and by failing to file results for period ended September 30, 2020, and a monetary penalty of Rs. 3,00,000 under section 15A(b) of the SEBI Act, 1992 was imposed.
Full text
Adjudication order in respect of RMZ Ecoworld Infrastructure Private Limited in the matter of non filing / delayed filing of financial results Page 2 of 18 Company) was one of the Companies which failed to comply with the provision of regulation 52(1) of LODR Regulations, 2015. Accordingly, SEBI initiated adjudication proceedings against the Noticee for the aforesaid non-compliance of regulation 52(1) of LODR Regulations, 2015.
Adjudication order in respect of RMZ Ecoworld Infrastructure Private Limited in the matter of non filing / delayed filing of financial results Page 3 of 18
Adjudication order in respect of RMZ Ecoworld Infrastructure Private Limited in the matter of non filing / delayed filing of financial results Page 4 of 18 letter dated February 20, 2021. The AR on behalf of the Noticee submitted additional reply vide letter dated March 17, 2021. Replies of the Noticee are as under: Reply dated February 20, 2021
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