sebi:Order/SR/SM/2019-20/5155/121
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Facts / Headnote
Adjudication proceedings disposed without imposing any monetary penalty
Provisions invoked
- s. 15
- s. 15J
- s. 15C
Parties
- Angels Enterprises Ltd. (Presently known as Inceptum Enterprises Ltd.)
Holding
The adjudication proceedings initiated vide SCN dated August 19, 2015 against Angels Enterprises Ltd. (presently Inceptum Enterprises Ltd.) were disposed without imposing any monetary penalty. The failure to obtain SCORES authentication was held not established, and though delayed redressal violated Section 15C, no penalty was imposed as all 21 complaints stood redressed with no pendency.
Full text
Adjudication Order in respect of Angels Enterprises Ltd. (Presently known as Inceptum Enterprises Ltd.) for failure to obtain SCORES authentication and redress investor complaints on SCORES . Page 2 of 7
Adjudication Order in respect of Angels Enterprises Ltd. (Presently known as Inceptum Enterprises Ltd.) for failure to obtain SCORES authentication and redress investor complaints on SCORES . Page 3 of 7
Adjudication Order in respect of Angels Enterprises Ltd. (Presently known as Inceptum Enterprises Ltd.) for failure to obtain SCORES authentication and redress investor complaints on SCORES . Page 4 of 7
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Source: SecMarx — sebi:Order/SR/SM/2019-20/5155/121. 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.