sebi:SO/EFD-2/SD/131/FEB/2017
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Facts / Headnote
Settled and disposed of - proposed adjudication proceedings settled qua the applicants with no enforcement action for said defaults
Regulations
- Reg. 17
- Reg. 15
Parties
- Wazir Financial Services Pvt. Limited
- Libra (Agencies) Pvt. Limited
- Libra Techcon Limited
Holding
The proposed adjudication proceedings against Wazir Financial Services Pvt. Limited, Libra (Agencies) Pvt. Limited and Libra Techcon Limited for the alleged violations discussed in paragraph 1 were settled and disposed of upon payment of Rs 5,21,250 as settlement charges, and SEBI shall not initiate any enforcement action against the applicants for the said defaults.
Full text
Settlement order in respect of Wazir Financial Services Pvt. Limited, Libra (Agencies) Pvt. Limited and Libra Techcon Limited Page 2 of 2
the aforementioned defaults. The Panel of Whole Time Members of SEBI had accepted the said recommendations of the HPAC and the same was communicated to the applicants vide e-mail dated January 20, 2017.
4. The applicants vide Demand Draft no. 225438 dated January 25, 2017, drawn on Dena Bank, payable at Mumbai has remitted a sum of `5,21,250/- (Rupees Five Lakh Twenty One Thousand Two Hundred Fifty only) towards the settlement charges.
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Source: SecMarx — sebi:SO/EFD-2/SD/131/FEB/2017. 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.