sebi:PKK/AO/140/2010
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Facts / Headnote
Charges not established; matter disposed of without penalty
Provisions invoked
- s. 11
- s. 15A
- s. 15
Holding
The charges against the Noticee for violation of Sections 11C(3) and 11C(5) of the SEBI Act do not stand established. The matter is accordingly disposed of with no monetary penalty under Section 15A(a).
Full text
Page 2 of 5 Appointment of Adjudicating Officer 3. In view of the above SEBI vide order dated June 19, 2006 appointed Ms. Babita Rayudu as Adjudicating Officer (AO) under Section 15-I of the SEBI Act read with Rule 3 of SEBI (Procedure for holding Inquiry and Imposing
Page 3 of 5 Noticee by affixing the same at the Noticee’s last known address, in accordance with Rule 7(c) of the Adjudication Rules, 1995. The Noticee however, did not appear before the AO for the personal hearing.
Page 4 of 5 (5) Any person, directed to make an investigation under sub- section (1), may examine on oath, any manager, managing director, officer and other employee of any intermediary or any person associated with securities market in any manner, in relation to the affairs of his business and may administer an oath accordingly and for that purpose may require any of those persons to appear before it personally.
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Source: SecMarx — sebi:PKK/AO/140/2010. 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.