sebi:SO/EFD-2/SD/289/JUNE/2019
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Facts / Headnote
settled
Provisions invoked
- s. 15J
Regulations
- Reg. 25
- Reg. 34
- Reg. 23
Parties
- Shah Investor's Home Limited
Holding
The possible proceedings that may be initiated for the defaults referred to in paragraph 1 are settled qua Shah Investor's Home Limited upon payment of Rs. 12,18,750 towards settlement charges, and SEBI shall not initiate any enforcement action against the applicant for the said defaults.
Full text
Settlement order in the matter of Shah Investor’s Home Limited. Page 2 of 3 5. The High Powered Advisory Committee (‘HPAC’) in its meeting held on March 29, 2019
Settlement order in the matter of Shah Investor’s Home Limited. Page 3 of 3 9. This settlement order is passed on this 14th day of June, 2019 and shall come into force with immediate effect.
considered the settlement terms proposed and recommended the case for settlement upon payment of `12,18,750/- (Rupees Twelve Lakh Eighteen Thousand Seven Hundred and Fifty only) by the applicant towards settlement charges for the aforementioned defaults. The Panel of Whole Time Members of SEBI accepted the said recommendation of the HPAC on May 10, 2019, and the same was communicated to the applicant vide e-mail dated May 15, 2019.
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Source: SecMarx — sebi:SO/EFD-2/SD/289/JUNE/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.