sebi:SD/AO/03/2008
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Facts / Headnote
Penalty of Rs. 3,00,000 imposed under Section 15A(a) of the SEBI Act, 1992
Provisions invoked
- s. 11
- s. 15A
- s. 15
- s. 15J
- s. 11C(3)
- s. 11C(2)
- s. 11C(5)
Parties
- Shri Mustafa N Sayyed
Holding
Shri Mustafa N Sayyed failed to comply with summons/notices dated March 16, 2005, April 20, 2005, July 21, 2005, August 11, 2005 and October 6, 2005 in violation of Section 11C(2) read with Section 11C(5) of the SEBI Act and is liable under Section 15A(a). A monetary penalty of Rs. 3,00,000 was imposed for failure to provide necessary information to the Investigating Authority.
Full text
2 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 i. Details of the trades executed by you in the scrip of SYPCL during the period of June 11, 2004 to August 10, 2004 shall be furnished in the following format
4 15. The investigating authority of SEBI issued another similar summons dated October 6, 2005 to the noticee advising it to submit the required details by October 20, 2005. This summons was also received by the notice, but no reply was filed in response to the same.
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Source: SecMarx — sebi:SD/AO/03/2008. 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.