sebi:RA/JP/135/2017
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Facts / Headnote
Disposed of
Regulations
- Reg. 17
- Reg. 15(1)
Holding
The pending adjudication proceedings initiated against the Noticee under the SCN dated May 24, 2016 were disposed of in terms of Regulation 15(1) of the SEBI Settlement Regulations, 2014 upon acceptance of settlement terms and receipt of Rs 20,40,000.
Full text
Page 2 of 3 (Settlement of Administrative and Civil Proceedings) Regulations, 2014 (hereinafter referred to as ‘Settlement Regulations’).
Page 3 of 3 i. any representations made by the Applicant in the present settlement proceedings are subsequently discovered to be untrue.
5. Thereafter, the Noticee had a meeting with the Internal Committee (IC) of SEBI on April 18, 2017 and proposed the settlement terms.
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Source: SecMarx — sebi:RA/JP/135/2017. 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.