sebi:PKB/AO-8/2009
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Facts / Headnote
Adjudication proceedings disposed of - violation not established, no penalty imposed
Provisions invoked
- s. 11(3)
- s. 15A
Holding
The adjudication proceedings were disposed of as the violation of sections 11(3) and 11C(6) arising from non-compliance with summons was not established.
Full text
Page 2 of 3 5. Pursuant to the transfer of Shri Amit Pradhan, Shri D. Sura Reddy was appointed as the Adjudicating Officer vide Order dated July 19, 2007. Pursuant to transfer of Shri D. Sura Reddy, the undersigned was appointed as the Adjudicating Officer vide Order dated December 10, 2008.
Page 3 of 3 SEBI and failure to furnish information to SEBI and whether it’s liable under section 15A of the Act. FINDINGS
SHOW CAUSE NOTICE, REPLY AND PERSONAL HEARING 6. Show Cause Notice (hereinafter to be referred to as “SCN”) dated May 8, 2006 was issued against the Noticee under Rule 4(1) of the SEBI (Procedure for Holding Inquiry and Imposing Penalties by Adjudicating Officer) Rules, 1995 (hereinafter to be referred to as “Adjudication Rules”), calling upon him to show cause why inquiry should not be held against him under Rule 4(3) of the Adjudication Rules for violation of sections 11(3) and 11C(6) of the Act. The SCN returned undelivered with the remark “left”.
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Source: SecMarx — sebi:PKB/AO-8/2009. 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.