sebi:SO/EFD-2/SD/291/JUL/2019
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Facts / Headnote
Settled on payment of Rs. 96,60,398 towards settlement charges; proposed enforcement proceedings disposed of with direction that SEBI shall not initiate enforcement action for the said defaults
Provisions invoked
- s. 15J
Regulations
- Reg. 7
- Reg. 13
- Reg. 13(1)
- Reg. 25
- Reg. 34
- Reg. 23
- Reg. 29(2)
- Reg. 15(2)
Parties
- Mr. Pawan Kumar Garg
- Mr. Atul Kumar Garg
- Mr. Ankur Garg
- Mr. Kunal Garg
Holding
The proposed enforcement proceedings against the four applicants for delayed disclosures in Standard Surfactants Limited were settled upon payment of Rs. 96,60,398 towards settlement charges. SEBI shall not initiate any enforcement action against the applicants for the said defaults and the proceedings stand disposed of on those terms.
Full text
Settlement order in respect of 1) Mr. Pawan Kumar Garg, 2) Mr. Atul Kumar Garg, 3) Mr. Ankur Garg, 4) Mr. Kunal Garg – all in the matter of M/s. Standard Surfactants Limited
Settlement order in respect of 1) Mr. Pawan Kumar Garg, 2) Mr. Atul Kumar Garg, 3) Mr. Ankur Garg, 4) Mr. Kunal Garg – all in the matter of M/s. Standard Surfactants Limited
Settlement order in respect of 1) Mr. Pawan Kumar Garg, 2) Mr. Atul Kumar Garg, 3) Mr. Ankur Garg, 4) Mr. Kunal Garg – all in the matter of M/s. Standard Surfactants Limited
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Source: SecMarx — sebi:SO/EFD-2/SD/291/JUL/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.