sebi:Order/SS/VS/2019-20/6276
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Facts / Headnote
Noticee held liable under section 15C of the SEBI Act and monetary penalty imposed; charge under section 15A(a) not sustained
Provisions invoked
- s. 15A
- s. 15
- s. 15H
- s. 15I
- s. 15J
- s. 15F
- s. 28A
- s. 15C
Parties
- Gujarat Meditech Limited
Holding
Gujarat Meditech Limited was held liable under section 15C of the SEBI Act for failure to redress eight investors' complaints after being called upon in writing, and a monetary penalty of Rs 1,00,000 was imposed. The charge under section 15A(a) for failure to submit ATR on SCORES was not sustained.
Full text
__________________________________________________________________________________ Adjudication Order in respect of Gujarat Meditech Limited in the matter of SCORES
__________________________________________________________________________________ Adjudication Order in respect of Gujarat Meditech Limited in the matter of SCORES
__________________________________________________________________________________ Adjudication Order in respect of Gujarat Meditech Limited in the matter of SCORES
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Source: SecMarx — sebi:Order/SS/VS/2019-20/6276. 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.