sebi:Order/SM/DD/2021-22/13464-13466
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Facts / Headnote
Violations established; penalty of Rs.2,00,000 each imposed on three Noticees under Section 23H of SC(R)A
Provisions invoked
- s. 13
- s. 16
- s. 28A
- s. 18
- s. 23
- s. 23H
- s. 23J
- s. 23I
- s. 16(1)
- s. 18(1)
Parties
- Ambarnuj Finance and Investments Private Limited
- Harshita Jain
- Sanjay Jain (HUF)
Holding
Noticees violated Section 2(i) of SC(R)A read with Sections 13, 16 and 18 of SC(R)A by entering into off-market transfers that were not spot delivery contracts, and each Noticee is liable to monetary penalty of Rs.2,00,000 under Section 23H of SC(R)A.
Full text
___________________________________________________________________ Adjudication Order in the matter of Yamini Investment Company Limited Page 2 of 24
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___________________________________________________________________ Adjudication Order in the matter of Yamini Investment Company Limited Page 4 of 24
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Source: SecMarx — sebi:Order/SM/DD/2021-22/13464-13466. 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.