sebi:SO/AN/PR/2024-25/8021
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Facts / Headnote
Adjudication proceedings disposed of by settlement upon payment of settlement amount
Provisions invoked
- s. 15H
- s. 15J
Regulations
- Reg. 10
- Reg. 25
- Reg. 28
- Reg. 14(3)
- Reg. 23(1)
- Reg. 30(2)
Parties
- Cupid Limited
Holding
The adjudication proceedings initiated against Cupid Limited vide SCN No. SEBI/HO/EAD/EAD5/P/OW/2024/23341/1 dated July 19, 2024 are hereby disposed of in terms of Section 15JB of the SEBI Act, 1992 read with Regulation 23(1) of SEBI (Settlement Proceedings) Regulations, 2018 upon payment of Rs. 19,51,300 as settlement amount.
Full text
Settlement Order in respect of Cupid Limited in the matter of Cupid Limited |Page 2 of 4 the Noticee. The said proceedings of appointment were communicated to the undersigned vide Communique dated July 12, 2024.
Settlement Order in respect of Cupid Limited in the matter of Cupid Limited |Page 3 of 4 attended by Authorized Representative of the Applicant viz., Advocate Tomu Francis.
Settlement Order in respect of Cupid Limited in the matter of Cupid Limited |Page 4 of 4 regarding confirmation of payment of settlement amount has been placed in file by concerned department of SEBI.
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Source: SecMarx — sebi:SO/AN/PR/2024-25/8021. 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.