sebi:SO/SS/RK/2023-24/7409
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Facts / Headnote
Disposed of by settlement
Provisions invoked
- s. 15J
Regulations
- Reg. 25
- Reg. 28
- Reg. 23(1)
Parties
- Ramkrishna Forgings Ltd
Holding
The adjudication proceedings initiated against Ramkrishna Forgings Ltd vide SCN dated September 05, 2023 were disposed of by settlement upon payment of INR 5,57,000.
Full text
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4. Pending Adjudication Proceedings, the applicant proposed to settle the instant proceedings initiated against it, without admitting or denying the findings of facts and conclusions of law, through a settlement order and filed a settlement application with SEBI bearing Settlement Application No. 7409/2023, received by SEBI on October 05, 2023 in terms of the provisions of SEBI (Settlement Proceedings) Regulations, 2018 (hereinafter referred to as “Settlement Regulations”).
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Source: SecMarx — sebi:SO/SS/RK/2023-24/7409. 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.