sebi:Order/SM/MG/2021-22/12304
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Facts / Headnote
Penalty imposed on Noticee for violations of disclosure requirements under PIT Regulations, 1992 and SAST Regulations, 2011
Provisions invoked
- s. 15A
- s. 15
- s. 19
- s. 15I
- s. 15J
- s. 15F
- s. 28A
Regulations
- Reg. 13
- Reg. 199
- Reg. 13(1)
- Reg. 13(3)
- Reg. 13(5)
- Reg. 29(2)
- Reg. 29(3)
- Reg. 29
- Reg. 201
- Reg. 29(1)
- Reg. 12(2)
Parties
- Kasturi Overseas Private Limited
Holding
The Adjudicating Officer found that Kasturi Overseas Private Limited violated Regulation 13(1) of PIT Regulations, 1992 on one occasion, Regulation 13(3) read with Regulation 13(5) of PIT Regulations, 1992 on one occasion, Regulation 13(4A) read with Regulation 13(5) of PIT Regulations, 1992 on three occasions, Regulation 29(1) read with Regulation 29(3) of SAST Regulations on two occasions, and Regulation 29(2) read with Regulation 29(3) of SAST Regulations on one occasion, and imposed a penalty of Rs. 3,00,000 under Section 15A(b) of the SEBI Act.
Full text
__________________________________________________________________ Adjudication Order in the matter of Nouveau Global Ventures Limited Page 2 of 18
__________________________________________________________________ Adjudication Order in the matter of Nouveau Global Ventures Limited Page 3 of 18
__________________________________________________________________ Adjudication Order in the matter of Nouveau Global Ventures Limited Page 4 of 18
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Source: SecMarx — sebi:Order/SM/MG/2021-22/12304. 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.