sebi:VKV/DL/AO-24/2016
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Facts / Headnote
Adjudication proceedings not proceeded with on preliminary ground of maintainability; matter disposed of without penalty
Provisions invoked
- s. 15
- s. 15I
- s. 15J
- s. 15C
- s. 446
- s. 391
Parties
- M/s SSL (India) Limited
Holding
The adjudication proceedings initiated against M/s SSL (India) Limited vide SCN dated December 11, 2015 cannot be proceeded with and the matter is accordingly disposed of.
Full text
Adjudicating Order in respect of M/s SSL (India) Limited February 09, 2016 Page 2 of 5 send the information (i.e. details for authentication) as required in the Circular, at the earliest. However, all the letters sent returned undelivered.
Adjudicating Order in respect of M/s SSL (India) Limited February 09, 2016 Page 3 of 5 against it in terms of Rule 4 of the Adjudication Rules read with section 15I of SEBI Act, 1992 and penalty be not imposed under section 15C of SEBI Act, 1992 for the violation alleged to have been committed by the Noticee.
Adjudicating Order in respect of M/s SSL (India) Limited February 09, 2016 Page 4 of 5 the website of the Office of Official Liquidator, Allahabad, I found that the Noticee was compulsory wound up by Official Liquidator vide order no. 303/96 dated May 25, 1999. (Source-http://www.companyliquidator.gov.in/Liquidation-List-Delhi.pdf )
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Source: SecMarx — sebi:VKV/DL/AO-24/2016. 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.