sebi:Order/SM/DD/2020-21/10940
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Facts / Headnote
Violations established; penalty imposed on the Noticee (to be paid within 45 days)
Provisions invoked
- s. 15
- s. 12
- s. 15H
- s. 15J
- s. 28A
- s. 23J
- s. 23
- s. 23D
- s. 233
- s. 233(8)
- s. 233(9)
Regulations
- Reg. 58
Parties
- R. Wadiwala Securities Private Limited (formerly Concept Securities Private Limited)
Holding
The Adjudicating Officer found that the Noticee (R. Wadiwala Securities Pvt. Ltd., transferee of the dissolved Concept Securities Private Limited) violated Clause 12 of Annexure to SEBI circular SEBI/MIRSD/Cir-19/2009 read with Clause 8.1.1 of Annexure to SEBI circular SEBI/HO/MIRSD/MIRSD2/CIR/P/2016/95, and Clause 6.1.1(e) of SEBI circular SEBI/HO/MIRSD/MIRSD2/CIR/P/2016/95 read with Exchange Notice Nos. 20160927-41, among other alleged violations, and imposed a penalty commensurate with the violations.
Full text
Adjudication Order in respect of Concept Securities Private Limited (now merged with R. Wadiwala Securities Private Limited)
Adjudication Order in respect of Concept Securities Private Limited (now merged with R. Wadiwala Securities Private Limited)
Adjudication Order in respect of Concept Securities Private Limited (now merged with R. Wadiwala Securities Private Limited)
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Source: SecMarx — sebi:Order/SM/DD/2020-21/10940. 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.