sebi:SD/AO/02/2008
Facts / Headnote
Noticee held guilty and penalty of Rs. 3,00,000 imposed under Section 15A(a) of the SEBI Act
Provisions invoked
- s. 11
- s. 15A
- s. 15
- s. 15J
- s. 11C(3)
- s. 11C(2)
- s. 11C(5)
Parties
- Shri Chaitanya P. Route
Holding
Shri Chaitanya P. Route failed to provide necessary information to SEBI's Investigating Authority in response to summons/notices and is liable under Section 15A(a) of the SEBI Act, and a penalty of Rs. 3,00,000 is imposed.
Full text
2 (hereinafter referred to as the Adjudicating Rules) to inquire into and adjudge under Section 15A(a) of the Act, the alleged violation of the provisions of Section 11C(2) read with Section 11C(5) of the SEBI Act.
3 11. It is noted that investigating authority issued notice dated March 16, 2005 to the noticee seeking certain information. The queries contained in the said notice are the following:
4 information would be considered as compliance of summons. This summons was also received by the noticee. It appears from the records that the noticee failed to submit any reply to the said notice.
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Source: SecMarx — sebi:SD/AO/02/2008. 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.