sebi:Order/SM/AD/2021-22/14226
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Facts / Headnote
Penalty of Rs. 1,00,000 imposed on Kemistar Corporation Ltd. under Section 15HB of SEBI Act for violation of Regulation 7(4) of LODR Regulations, 2015; allegation of violation of Clause 20 of Code of Conduct not established.
Provisions invoked
- s. 15
- s. 19
- s. 15H
- s. 15I
- s. 15J
- s. 15F
- s. 28A
Regulations
- Reg. 13
- Reg. 199
- Reg. 7(4)
- Reg. 9A(1)
Parties
- Kemistar Corporation Ltd.
Holding
The Noticee violated Regulation 7(4) of LODR Regulations, 2015 but did not violate Clause 20 of the Code of Conduct as specified in Schedule III of RTI/STA Regulations, and a penalty of Rs. 1,00,000 under Section 15HB of the SEBI Act was imposed on Kemistar Corporation Ltd.
Full text
Adjudication Order in respect of Kemistar Corporation Ltd. in the matter of Accurate Securities & Registry Pvt. Ltd. Page 2 of 12
Adjudication Order in respect of Kemistar Corporation Ltd. in the matter of Accurate Securities & Registry Pvt. Ltd. Page 3 of 12
Adjudication Order in respect of Kemistar Corporation Ltd. in the matter of Accurate Securities & Registry Pvt. Ltd. Page 4 of 12
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Source: SecMarx — sebi:Order/SM/AD/2021-22/14226. 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.