sebi:SO/AS/VC/2024-25/7402
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Facts / Headnote
Adjudication proceedings disposed of pursuant to settlement
Provisions invoked
- s. 15A
- s. 15J
Regulations
- Reg. 25
- Reg. 28
- Reg. 14(3)
- Reg. 23(1)
- Reg. 30(2)
- Reg. 4(1)(c)
Parties
- Patels Airtemp (India) Limited
Holding
The adjudication proceedings initiated against Patels Airtemp (India) Limited vide SCN dated September 01, 2023 are disposed of on the basis of settlement terms, with the applicant paying ₹28,53,180 as settlement amount.
Full text
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Source: SecMarx — sebi:SO/AS/VC/2024-25/7402. 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.