sebi:SO/EFD-2/SD/204/MAR/2018
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Facts / Headnote
Proposed adjudication proceedings settled qua applicant; SEBI shall not initiate enforcement action for said default
Regulations
- Reg. 17
- Reg. 15
Parties
- INEOS Styrolution APAC Pte. Limited
Holding
The proposed adjudication proceedings for the alleged default against INEOS Styrolution APAC Pte. Limited are settled qua the applicant, and SEBI shall not initiate any enforcement action against the applicant for the said default.
Full text
Settlement order in respect of INEOS Styrolution APAC Pte. Limited Page 2 of 2 only) towards the settlement charges. 5. Accordingly, the proposed adjudication proceedings for the alleged default as discussed in paragraph 1 above, are settled qua the applicant as per the above terms, by way of 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 said proposed adjudication proceedings in respect of the applicant as mentioned above 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/204/MAR/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.