sebi:Order/SR/SM/2019-20/6205/143

SEBI · SEBI · 2018-06-21 · Sangeeta Rathod, Adjudicating Officer

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Facts / Headnote

Adjudication proceedings abated and disposed of without going into merits due to death of the noticee

Provisions invoked

• s. 23
• s. 23H

Parties

• Shri Dilipbhai Jashubhai Patel

Holding

The adjudication proceedings initiated against Shri Dilipbhai Jashubhai Patel vide SCN dated November 26, 2019 are disposed of as abated without going into the merits of the case following his death on March 20, 2018.

Full text

Adjudication Order in respect of late Shri Dilipbhai Jashubhai Patel in the matter of trading activities of Pankaj J. Shah HUF and connected entities Page 2 of 3

Adjudication Order in respect of late Shri Dilipbhai Jashubhai Patel in the matter of trading activities of Pankaj J. Shah HUF and connected entities Page 3 of 3

APPOINTMENT OF ADJUDICATING OFFICER 2. Based upon the findings of IA, Operations Department of SEBI initiated adjudication proceedings against you. SEBI appointed Ms. Sangeeta Rathod as the Adjudicating Officer under section 23-I of SCRA, 1956 to inquire into and adjudge under the provisions of section 23H of SCRA, 1956 and rule 4 of Securities Contracts (Regulation) (Procedure for Holding Inquiry and Imposing Penalties by Adjudicating Officer) Rules, 2005 (in short Adjudication Rules, 2005) for the alleged violations of section 2(i)(a) read with sections 13, 16 and 18 SCRA, 1956 by the Noticee. The appointment of Ms. Sangeeta Rathod as Adjudicating Officer was conveyed vide communique dated June 21, 2018.

Source: SecMarx — sebi:Order/SR/SM/2019-20/6205/143. 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.