sebi:SO/VV/PS/2023-24/7013
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Facts / Headnote
Adjudication proceedings initiated vide SCN dated September 06, 2022 disposed of in terms of accepted settlement terms upon payment of settlement amount
Provisions invoked
- s. 15
- s. 15H
- s. 23H
Regulations
- Reg. 10
- Reg. 25
- Reg. 28
- Reg. 23(1)
- Reg. 34
- Reg. 26(2)
Parties
- Mr. Balu Nair
- Mr. Kunal Sanghavi
- Mr. Kundan Zamvar
Holding
The adjudication proceedings initiated against the three Applicants vide SCN dated September 06, 2022 are disposed of in terms of the accepted settlement terms upon payment of Rs.11,05,000 each, without admitting or denying findings of fact and conclusions of law.
Full text
_____________________________________________________________________________________ Settlement Order in respect of three entities in the matter of Metropolitan Stock Exchange of India Limited Page 2 of 4
_____________________________________________________________________________________ Settlement Order in respect of three entities in the matter of Metropolitan Stock Exchange of India Limited Page 3 of 4
_____________________________________________________________________________________ Settlement Order in respect of three entities in the matter of Metropolitan Stock Exchange of India Limited Page 4 of 4
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Source: SecMarx — sebi:SO/VV/PS/2023-24/7013. 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.