sebi:SO/SG-DP/EAD/67/2017
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Facts / Headnote
Adjudication proceedings initiated vide show cause notice dated 11.08.2016 disposed of via settlement on payment of settlement amount
Provisions invoked
- s. 15A
- s. 15
Regulations
- Reg. 17
- Reg. 13(4)
- Reg. 15(1)
Parties
- Aniruddha Paul
Holding
The adjudication proceedings initiated against Aniruddha Paul vide show cause notice dated 11.08.2016 are disposed of in terms of Regulation 15(1) of Settlement Regulations upon payment of Rs 3,69,780 towards settlement terms.
Full text
Settlement order in respect of Aniruddha Paul in the matter of ING Vysya Bank Limited Page 2 of 5 disclosure to the Company on 26.03.2015 and failed to make the disclosure of the aforesaid transaction to the Stock Exchanges.
Settlement order in respect of Aniruddha Paul in the matter of ING Vysya Bank Limited Page 3 of 5 requested time up to 07.10.2016 to make additional submissions, which was granted.
Settlement order in respect of Aniruddha Paul in the matter of ING Vysya Bank Limited Page 4 of 5 13. It is noted that pursuant to the meeting of the Internal Committee of SEBI held on 24.05.2017, the Noticee vide letter dated 01.06.2017 proposed to settle the aforesaid adjudication proceedings on payment of Rs 3,69,780/-(Rupees Three Lakh Sixty Nine Thousand Seven Hundred and Eighty only) .
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Source: SecMarx — sebi:SO/SG-DP/EAD/67/2017. 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.