sebi:PKB/AO-24/2009
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Facts / Headnote
Penalty imposed on Noticee for non-compliance with SEBI summons
Provisions invoked
- s. 15A
- s. 11
- s. 15
- s. 15J
- s. 11(3)
- s. 11C
- s. 11C(3)
Parties
- Apnapan Vyapaar Pvt. Ltd.
Holding
The Noticee, Apnapan Vyapaar Pvt. Ltd., was held to have violated section 11C(3) of the SEBI Act by failing to comply with the summons dated October 22, 2003 and was liable for penalty under section 15A(a) of the Act. A penalty of Rs. 1,00,000/- was imposed for non-compliance of summons issued by the Investigating Authority.
Full text
Page 2 of 7 as the Adjudicating Officer (hereinafter to be referred to as “AO”) vide order dated July 8, 2004 to inquire into and adjudicate under section 15A of the Act, the failure on part of the Noticee to furnish information and to comply with the SEBI summons in violation of the provisions of section 11C(3) of the Act.
Page 3 of 7 premise of the Noticee on March 19, 2009, in compliance with Rule 7 of the Adjudication Rules and proof of affixture was taken on record.
Page 4 of 7 1. Name: 2. Address: 3. If Company a) Date of incorporation b) Names and addresses of all the Directors since incorporation c) Copies of Memorandum and Articles of incorporation
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Source: SecMarx — sebi:PKB/AO-24/2009. 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.