sebi:SO/BM/DS/2024-25/7693
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Facts / Headnote
The instant adjudication proceedings initiated against CARE Ratings Limited is disposed of in terms of section 15JB of the SEBI Act read with regulation 23(1) of the Settlement Regulations on the basis of the settlement terms.
Provisions invoked
- s. 15H
- s. 15J
Regulations
- Reg. 10
- Reg. 25
- Reg. 28
- Reg. 23(1)
Parties
- CARE Ratings Limited
Holding
The adjudication proceedings initiated against CARE Ratings Limited are disposed of in terms of section 15JB of the SEBI Act read with regulation 23(1) of the Settlement Regulations upon payment of Rs. 13,05,000 as settlement amount.
Full text
Settlement Order in respect of CARE Ratings Limited Page 2 of 3 Section 15HB of the SEBI Act, 1992, as applicable for the alleged violations of the aforesaid provisions.
Settlement Order in respect of CARE Ratings Limited Page 3 of 3 initiated against CARE Ratings Limited is disposed of in terms of section 15JB of the SEBI Act read with regulation 23(1) of the Settlement Regulations on the basis of the settlement terms.
4. Pending Adjudication Proceedings, the Applicant proposed to settle the instant proceedings initiated against it, without admitting or denying the
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Source: SecMarx — sebi:SO/BM/DS/2024-25/7693. 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.