sebi:SO/SBM/EAD-3/03/2018
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Facts / Headnote
Settled - adjudication proceedings disposed of on payment of settlement charges
Provisions invoked
- s. 15
Regulations
- Reg. 17
- Reg. 15(1)
- Reg. 3(1)
Parties
- M/s CRISIL Limited
Holding
In terms of Regulation 15(1) of the Settlement Regulations, 2014, the adjudication proceedings initiated against M/s CRISIL Limited vide SCN ref. A&E/EAD3/SBM-VB/24522/2016 dated September 20, 2016 are disposed of on payment of Rs. 28,36,875 towards settlement terms.
Full text
Page 2 of 3 liable for penalty under the provision of Section 15 HB of the SEBI Act, 1992 (hereinafter referred to as “SEBI Act”).
Page 3 of 3 6. The Panel of Whole Time Members of SEBI approved the said recommendation of the HPAC on January 03, 2018 and the same was also communicated to the Applicant vide Email dated January 04, 2018.
3. Pending Adjudication Proceedings, the Applicant submitted a Settlement Application ref. 3194/2016 dated November 23, 2016 along with an undertaking in the format prescribed by SEBI for settlement in the matter in terms of Regulations 3(1) and 3(2) of the Settlement Regulations.
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Source: SecMarx — sebi:SO/SBM/EAD-3/03/2018. 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.