sebi:Order/SV/GD/2023-24/30107-30130
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Facts / Headnote
No penalty imposed on Noticees 1 to 24 for violations of PIT Regulations, 2015; penalty imposed on Noticee 1 (Amit Manchanda) as Compliance Officer
Provisions invoked
- s. 11B
- s. 11
- s. 15A
- s. 15
- s. 19
- s. 15H
- s. 15J
- s. 15F
- s. 28A
Regulations
- Reg. 7(2)(a)
- Reg. 7(2)(b)
- Reg. 9(1)
- Reg. 9(3)
Holding
No penalty was imposed on Noticees 1 to 24 for violations of PIT Regulations, 2015 and the Code of Conduct, considering mitigating factors including prior company-imposed penalties, disgorgement to IEPF, and debarment. Noticee 1 (Amit Manchanda), as Compliance Officer, was found to have failed to effectively administer the PIT Regulations and Code of Conduct.
Full text
Adjudication Order in the matter of Radico Khaitan Limited Page 2 of 36 24 RICHA SHARMA BILPS5392D (collectively referred to as ‘Noticees’) In the matter of Radico Khaitan Limited
Adjudication Order in the matter of Radico Khaitan Limited Page 3 of 36 Sr. No Noticee Violations Charging Provision Relations Officer (CIRO)
Adjudication Order in the matter of Radico Khaitan Limited Page 4 of 36 Sr. No Noticee Violations Charging Provision 8. Manish Gupta, AVP - Pet Sales
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Source: SecMarx — sebi:Order/SV/GD/2023-24/30107-30130. 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.