sebi:SO/EFD-2/CSD/259/JAN/2019
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Facts / Headnote
Settled
Provisions invoked
- s. 15J
Regulations
- Reg. 13
- Reg. 25
- Reg. 34
- Reg. 23
Parties
- Mr. Prahlad Kumar Jhunjhunwala
Holding
The proposed adjudication proceedings against Mr. Prahlad Kumar Jhunjhunwala for alleged violation of Regulation 13(4A) read with 13(5) of the PIT Regulations, 1992 are settled qua the applicant upon payment of Rs. 2,38,219 without admitting or denying findings, and SEBI shall not initiate enforcement action for the said defaults subject to conditions.
Full text
Settlement Order in respect of Mr. Prahlad Kumar Jhunjhunwala in the matter of Kwality Credit and Leasing Limited Page 1 of 2
Settlement Order in respect of Mr. Prahlad Kumar Jhunjhunwala in the matter of Kwality Credit and Leasing Limited Page 2 of 2
SO/EFD-2/CSD/259/JAN/2019 BEFORE THE SECURITIES AND EXCHANGE BOARD OF INDIA SETTLEMENT ORDER On Application No. 3372 of 2017 Filed by Mr. Prahlad Kumar Jhunjhunwala (PAN No. ACQPJ9960N) in the matter of Kwality Credit and Leasing Limited
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Source: SecMarx — sebi:SO/EFD-2/CSD/259/JAN/2019. 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.