sebi:RA/DPS/258/2017
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Facts / Headnote
Adjudication proceedings disposed of pursuant to settlement
Regulations
- Reg. 17
- Reg. 15(1)
Parties
- Dr. Pasumarthi Sathya Narayana Murthi
Holding
The pending adjudication proceedings initiated against the Noticee vide Show Cause Notice No. SEBI/HO/EAD/EAO/OW/P/2016/16445/1 dated June 7, 2016 is disposed of in terms of Regulation 15(1) of SEBI Settlement Regulations, 2014, on acceptance of the settlement terms and receipt of the demand draft of Rs. 3,25,125/-.
Full text
_______________________________________________________________________________ Settlement Order in respect of Dr. Pasumarthi Sathya Narayana Murthi Page 2 of 3
_______________________________________________________________________________ Settlement Order in respect of Dr. Pasumarthi Sathya Narayana Murthi Page 3 of 3
5. The settlement terms as proposed by the Noticee were considered by the Internal Committee and placed before the High Powered Advisory Committee (HPAC) on October 09, 2017. The HPAC recommended that the matter may be settled if the applicant complies with the following:-
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Source: SecMarx — sebi:RA/DPS/258/2017. 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.