sebi:SO/EFD-2/SD/184/JAN/2018
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Facts / Headnote
Settlement order disposing of proceedings for the default mentioned, without prejudice to SEBI's right to take enforcement action in specified circumstances.
Regulations
- Reg. 17
- Reg. 15
Holding
The settlement application of Multibase S.A was accepted and the order disposes of the proceedings that may be initiated for the default in respect of the applicant, with SEBI agreeing not to initiate enforcement action for the said default.
Full text
Settlement order in the matter of Multibase S.A Page 2 of 2 this order and SEBI shall not initiate any enforcement action against the applicant for the said default.
6. In view of the above, in terms of regulations 15 and 19 of the Settlement Regulations, it is hereby ordered that: i. this order disposes of the proceedings that may be initiated for the default as mentioned above, in respect of the applicant and;
ii. passing of this order is without prejudice to the right of SEBI to take enforcement actions including commencing proceedings against the applicant, if SEBI finds that:
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Source: SecMarx — sebi:SO/EFD-2/SD/184/JAN/2018. 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.