sebi:SO/VV/AS/2023-24/7028
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Facts / Headnote
Adjudication proceedings initiated vide SCN dated September 15, 2022 disposed of pursuant to accepted settlement terms
Provisions invoked
- s. 15
- s. 21
- s. 15H
Regulations
- Reg. 25
- Reg. 28
- Reg. 2
- Reg. 23(1)
- Reg. 34
- Reg. 12
- Reg. 201
- Reg. 12(2)
Parties
- Applicant 1
- Applicant 2
- Applicant 3
- Applicant 4
Holding
The Adjudicating Officer disposed of the adjudication proceedings initiated against the four Applicants pursuant to the SCN dated September 15, 2022, in terms of the accepted settlement terms requiring payment of Rs 36,70,875/- by Applicant 4 and Rs 13,32,500/- each by Applicants 1 to 3.
Full text
_____________________________________________________________________________________ Settlement Order in respect of four entities in the matter of Wockhardt Limited Page 2 of 6
_____________________________________________________________________________________ Settlement Order in respect of four entities in the matter of Wockhardt Limited Page 3 of 6
_____________________________________________________________________________________ Settlement Order in respect of four entities in the matter of Wockhardt Limited Page 4 of 6
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Source: SecMarx — sebi:SO/VV/AS/2023-24/7028. 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.