sebi:SO/BM/RK/2024-25/7652
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Facts / Headnote
Adjudication proceedings disposed of pursuant to settlement
Provisions invoked
- s. 15A
- s. 15H
- s. 15J
Regulations
- Reg. 25
- Reg. 28
- Reg. 23(1)
- Reg. 43
Parties
- Raselle Capital VCC
Holding
The adjudication proceedings initiated against Raselle Capital VCC vide SCN dated December 18, 2023 are disposed of pursuant to settlement upon payment of INR 1,23,50,000/-, without admitting or denying the findings of facts and conclusions of law.
Full text
------------------------------------------------------------------------------------------------------------- Settlement Order in the matter of non-compliance by Raselle Capital VCC Page 2 of 3
------------------------------------------------------------------------------------------------------------- Settlement Order in the matter of non-compliance by Raselle Capital VCC Page 3 of 3
3. A Show Cause Notice (hereafter referred to as “SCN”) dated December 18, 2023 was issued to the Applicant in terms of the provisions of Rule 4 of the SEBI Adjudication Rules, calling upon the Applicant to show cause as to why an inquiry should not be held and
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Source: SecMarx — sebi:SO/BM/RK/2024-25/7652. 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.