sebi:Order/SM/AD/2021-22/13080
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Penalty of Rs. 1,00,000 imposed under Section 15A(b) of SEBI Act for violation of Regulation 7(2)(a) of PIT Regulations
Provisions invoked
- s. 15A
- s. 15
- s. 15I
- s. 15J
- s. 15F
- s. 28A
Regulations
- Reg. 7(2)(a)
Parties
- Sneha Natvarbhai Parghee
Holding
The Noticee, an employee of Kushal Limited, violated Regulation 7(2)(a) of the PIT Regulations by failing to disclose to the company trades exceeding Rs. 10 lakh in the quarters ending September 30, 2016 and March 31, 2017. A monetary penalty of Rs. 1,00,000 under Section 15A(b) of the SEBI Act was imposed on Ms. Sneha N. Parghee.
Full text
__________________________________________________________________ Adjudication Order in the matter of Kushal Limited Page 2 of 10
__________________________________________________________________ Adjudication Order in the matter of Kushal Limited Page 3 of 10
__________________________________________________________________ Adjudication Order in the matter of Kushal Limited Page 4 of 10
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/SM/AD/2021-22/13080. 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.