sebi:SO/SR/EAD/03/2018-2019

SEBI · SEBI · 2018-05-02 · Sangeeta Rathod, Adjudicating Officer

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Facts / Headnote

Settlement order disposing of adjudication proceedings initiated against CARE Limited vide SCN dated January 18, 2017, on payment of Rs. 43,45,645/-

Regulations

Parties

Holding

The adjudication proceedings initiated against CARE Limited vide SCN dated January 18, 2017 are disposed of pursuant to settlement on payment of Rs. 43,45,645/- as settlement amount.

Full text

Page 2 of 3 Administrative and Civil Proceedings) Regulations, 2014 (hereinafter referred to as ‘Settlement Regulations’).

Page 3 of 3 is subsequently found to be untrue; or b. the applicant breaches any of the clauses /conditions of undertakings/ waivers filed during the current settlement proceedings.

4. Thereafter, the authorized representatives of the applicant had a meeting with the Internal Committee (hereinafter referred to as ‘IC’) on February 02, 2018 and proposed the settlement terms.

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Source: SecMarx — sebi:SO/SR/EAD/03/2018-2019. 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.