sebi:Order/SM/DD/2021-22/14760
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Facts / Headnote
Penalty of Rs. 1,00,000 imposed on Noticee under Section 15A(b) of SEBI Act for violation of Regulation 7(2)(a) of PIT Regulations
Provisions invoked
- s. 15A
- s. 15
- s. 19
- s. 15I
- s. 15J
- s. 15F
- s. 28A
- s. 21
Regulations
- Reg. 7(2)(a)
Parties
- Mr. Sivasubramanian S.
Holding
The Adjudicating Officer held that Mr. Sivasubramanian S. violated Regulation 7(2)(a) of PIT Regulations on two occasions by failing to disclose trades exceeding Rs. 10 lakh. A penalty of Rs. 1,00,000 was imposed under Section 15A(b) of the SEBI Act.
Full text
Adjudication Order in respect of Sivasubramanian S.in the matter of Titan Company Ltd. Page 2 of 10 APPOINTMENT OF ADJUDICATING OFFICER
Adjudication Order in respect of Sivasubramanian S.in the matter of Titan Company Ltd. Page 3 of 10 c) In view of the above observations, it was alleged that Noticee has violated Regulation 7(2)(a) of PIT Regulations, on two (2) occasions by not making disclosures as required in terms of aforesaid Regulation.
Adjudication Order in respect of Sivasubramanian S.in the matter of Titan Company Ltd. Page 4 of 10 j. Noticee has requested to release from the penalty and condonation of delay in communicating the transaction to compliance officer.
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Source: SecMarx — sebi:Order/SM/DD/2021-22/14760. 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.