sebi:PKB/AO-11/2011
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Facts / Headnote
Penalty of Rs. 10,00,000 imposed under Section 15HA of SEBI Act, 1992; no penalty under Section 23E of SCRA, 1956
Provisions invoked
- s. 15
- s. 15H
- s. 15J
- s. 391
- s. 23E
- s. 394
Regulations
- Reg. 3(d)
Parties
- Tripex Overseas Ltd.
Holding
Tripex Overseas Ltd. was held guilty of violating Regulations 3(d), 4(2)(f) and (r) of the PFUTP Regulations, 2003 and liable for penalty under Section 15HA of the SEBI Act, with a penalty of Rs. 10,00,000 imposed; violation of Clause 31 of the Listing Agreement was not established so no penalty under Section 23E of SCRA, 1956.
Full text
______________________________________________________________________________________ Adjudication Order In Respect of Tripex Overseas Ltd. February 24, 2011
______________________________________________________________________________________ Adjudication Order In Respect of Tripex Overseas Ltd. February 24, 2011
______________________________________________________________________________________ Adjudication Order In Respect of Tripex Overseas Ltd. February 24, 2011
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Source: SecMarx — sebi:PKB/AO-11/2011. 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.