sebi:SO/EFD-2/SD/214/MAR/2018
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Facts / Headnote
Settled
Regulations
- Reg. 17
- Reg. 15
Parties
- Mr. Arunkumar Mahabir Prasad Jatia
Holding
The pending adjudication proceedings and proceedings that could have been initiated for the defaults discussed in paragraph 1 are settled qua the applicant on payment of settlement charges, and SEBI shall not initiate enforcement action against the applicant for the said defaults.
Full text
Settlement order in respect of Mr. Arunkumar Mahabir Prasad Jatia Page 2 of 2 the applicant vide e-mail dated March 14, 2018.
4. The applicant vide Demand Draft number 073246 dated March 16, 2018, drawn on IDBI Bank has remitted `12,38,985/- (Rupees Twelve Lakh Thirty Eight Thousand Nine Hundred Eighty Five only) towards the settlement charges.
5. Accordingly, the pending adjudication proceedings and the proceedings that could have been initiated for the defaults 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 defaults.
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Source: SecMarx — sebi:SO/EFD-2/SD/214/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.