sebi:SO/GR/KG/2021-22/6555
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Settled
Provisions invoked
- s. 12A
- s. 15H
Regulations
- Reg. 25
- Reg. 28
- Reg. 23
Parties
- Mr. Vishal Bali
Holding
The adjudication proceedings initiated against Mr. Vishal Bali vide SCN ref.no. EAD-4/ADJ/GR/KG/OW/8529/1/2021 dated April 9, 2021 are disposed of on payment of Rs. 65,02,500 towards settlement without admitting or denying violations.
Full text
Settlement order in respect of Mr Vishal Bali in the matter of Fortis Healthcare Limited Page 2 of 4 “(PFUTP) Regulations, 2003”] read with Section 12A(a), (b) & (c) of the SEBI Act, 1992.
Settlement order in respect of Mr Vishal Bali in the matter of Fortis Healthcare Limited Page 3 of 4 criminal proceedings in relation to the facts contained in the SCN without admitting or denying any violation on his part.
Settlement order in respect of Mr Vishal Bali in the matter of Fortis Healthcare Limited Page 4 of 4 b. The applicant’s breach any of the clauses / conditions of undertakings/ waivers filed during the current settlement proceedings.
You have read the preview. Create a free account to read the full order, track this party, and analyse it in Ontology.
Free accounts include 10 searches/day with full order access.
Source: SecMarx — sebi:SO/GR/KG/2021-22/6555. 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.