sebi:Order/SM/HG/2022-23/22274-22277
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Facts / Headnote
Minimum penalty of Rs. 1,00,000 each imposed on four noticees under Section 15A(b) of SEBI Act
Provisions invoked
- s. 15A
- s. 15
- s. 15J
- s. 15F
- s. 28A
Regulations
- Reg. 13
- Reg. 199
- Reg. 13(1)
- Reg. 7
- Reg. 29(1)
- Reg. 29
- Reg. 29(3)
- Reg. 12
- Reg. 201
- Reg. 35(2)
- Reg. 2(q)(2)(v)
Parties
- Aarti Singal
- Sanjay Singal
- Sanjay Singal (HUF)
- Aniket Singal
Holding
Noticees 1 to 4 violated Regulation 13(1) of PIT Regulations 1992 read with Regulation 12 of PIT Regulations 2015 and Regulation 29(1) read with Regulation 29(3) of SAST Regulations and are liable for monetary penalty under Section 15A(b) of the SEBI Act.
Full text
Adjudication Order in the matter of Shreekrishna Biotech Limited Page 2 of 17 Regulations”) with respect to trading in the scrip of Shree Krishna during the investigation period. The Company is listed on BSE Ltd. (“BSE/Exchange”).
Adjudication Order in the matter of Shreekrishna Biotech Limited Page 3 of 17 if any, not be imposed upon them under the provisions of Section 15A (b) of the SEBI Act for the aforesaid violations alleged to have been committed by them.
Adjudication Order in the matter of Shreekrishna Biotech Limited Page 4 of 17 iii. From the above table, Noticees 1 to 4 are alleged to be PACs. It was observed that Noticees were allotted 5.08% shares individually and 20.32% shares in aggregate on January 28, 2014.
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Source: SecMarx — sebi:Order/SM/HG/2022-23/22274-22277. 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.