sebi:RA/JP/293/2018
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Facts / Headnote
Disposed of on settlement
Regulations
- Reg. 17
- Reg. 15(1)
Holding
The pending adjudication proceedings initiated against the Noticee under SCN dated May 26, 2016 are disposed of in terms of Regulation 15(1) of SEBI Settlement Regulations, 2014 upon payment of Rs. 2,55,000 towards settlement.
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 October 13, 2017 and proposed the settlement terms.
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Source: SecMarx — sebi:RA/JP/293/2018. 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.