sebi:SO/NH/YK/2024-25/7492
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Facts / Headnote
Adjudication proceedings disposed of on settlement terms
Provisions invoked
- s. 15
- s. 15H
- s. 15J
Regulations
- Reg. 25
- Reg. 28
- Reg. 23(1)
Parties
- Accuracap Consultancy Services Private Limited
Holding
The adjudication proceedings initiated against the Applicant vide Show Cause Notice ref no. SEBI/HO/EAD2/NH/KL/2023/44032 dated November 07, 2023 are disposed of in terms of Section 15JB of the SEBI Act read with Regulation 23(1) of the Settlement Regulations on settlement terms. The settlement required payment of Rs. 11,05,000 as settlement amount and Rs. 71,57,450 as disgorgement amount, receipt of which was confirmed.
Full text
Settlement Order in the matter of Inspection of Accuracap Consultancy Services Private Limited Page 2 of 6 (hereinafter referred to as “PMS Regulations”), SEBI Master Circular No. SEBI/HO/IMD/IMD-POD-1/P/CIR/2023/38 dated March 20, 2023 (hereinafter referred to as “SEBI Master Circular dated March 20, 2023”) and SEBI Circular No. SEBI/HO/IMD/DF1/CIR/P/2020/26 dated February 13, 2020 (hereinafter referred to as “SEBI Circular dated February 13, 2020”) were alleged. The extracts of the violations alleged to have been committed by the Applicant and the corresponding provision of the securities law are given in the table below: Table 1 Sr. No. Alleged Violation Regulatory Provisions
Settlement Order in the matter of Inspection of Accuracap Consultancy Services Private Limited Page 3 of 6 SHOW CAUSE NOTICE
Settlement Order in the matter of Inspection of Accuracap Consultancy Services Private Limited Page 4 of 6 SETTLEMENT PROCEEDINGS
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Source: SecMarx — sebi:SO/NH/YK/2024-25/7492. 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.