sebi:Order/SR/2022-23/40/22693
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Violations partly established; penalties imposed totalling Rs. 27,00,000
Provisions invoked
- s. 15A
- s. 15
- s. 12A
- s. 15H
- s. 12
- s. 15G
- s. 15J
- s. 4A
- s. 23
Regulations
- Reg. 7
- Reg. 11
- Reg. 12(1)
- Reg. 3
- Reg. 199
- Reg. 3(i)
- Reg. 4
- Reg. 7(1)
- Reg. 13(4)
- Reg. 13(5)
- Reg. 13(2)
Parties
- Ashishbhai Prafulbhai Patel
Holding
The Noticee violated regulation 13(5) of PIT Regulations, 1992, clauses 1.2 and 4.2 of the Model Code read with regulation 12(1) PIT Regulations, and regulations 3(i) and 4 PIT Regulations r/w section 12A(d) and (e), but did not violate regulation 7(1A) r/w 7(2) SAST Regulations or regulation 13(4) PIT Regulations; penalties of Rs.1 lakh, Rs.1 lakh and Rs.25 lakh respectively were imposed.
Full text
Adjudication Order in respect of Ashishbhai Prafulbhai Patel in the matter of Radhe Developers (India) Ltd. Page 2 of 17
Adjudication Order in respect of Ashishbhai Prafulbhai Patel in the matter of Radhe Developers (India) Ltd. Page 3 of 17
Adjudication Order in respect of Ashishbhai Prafulbhai Patel in the matter of Radhe Developers (India) Ltd. Page 4 of 17
You have read the preview. Create a free account to read the full order, track this party, and analyse it in Ontology.
Free accounts include 10 searches/day with full order access.
Source: SecMarx — sebi:Order/SR/2022-23/40/22693. 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.