sebi:PG/AO-41/2010
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Facts / Headnote
Penalty imposed on Noticee for failure to comply with summons
Provisions invoked
- s. 15A
- s. 15
- s. 12
- s. 15J
- s. 11C
Parties
- Deep Kumar Trivedi
Holding
The Noticee, Deep Kumar Trivedi, violated sections 11C(2), 11C(3) and 11C(5) of the SEBI Act by failing to comply with summonses issued by SEBI, and a monetary penalty of Rs.1,00,000/- was imposed under section 15A(a) of the SEBI Act.
Full text
Adjudication Order in respect of Deep Kumar Trivedi in the matter of Top Telemedia Ltd Page 2 of 12 price varied from Re 0.65 to Rs. 1.75 during the period November 1, 2001 to January 8, 2002 (face value Rs. 1). Thereafter, the stock was consolidated to face value of Rs.10/- and the share price varied from Rs.6.70 to Rs.18/- from January end to March end 2002 before it fell gradually to levels of Rs.13 by the end of April
Adjudication Order in respect of Deep Kumar Trivedi in the matter of Top Telemedia Ltd Page 3 of 12 the undersigned was appointed as the Adjudicating Officer vide
Adjudication Order in respect of Deep Kumar Trivedi in the matter of Top Telemedia Ltd Page 4 of 12 aforesaid hearing for 21 days. Accordingly, copy of the aforesaid SCN along with hearing notice dated May 07, 2010 was given to Juris Matrix by hand on June 16, 2010, as requested by the Noticee in the aforesaid letter.
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Source: SecMarx — sebi:PG/AO-41/2010. 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.