sebi:VKV/DL/AO-59/2016
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Facts / Headnote
Adjudication proceedings disposed of without imposition of penalty
Provisions invoked
- s. 15
- s. 15I
- s. 15J
- s. 15C
Parties
- M/s Sharanam Infraproject and trading Ltd (Formerly known as Skyhigh Projects Ltd)
Holding
The allegation that the Noticee failed to redress investor grievances was held not established, and the adjudication proceedings initiated vide Show Cause Notice dated May 07, 2015 were disposed of without imposing monetary penalty under Section 15C of the SEBI Act, 1992.
Full text
Adjudication order in respect of M/s Sharanam Infraproject and trading Ltd (Formerly known as Skyhigh Projects Ltd) March 07, 2016 Page 2 of 6
Adjudication order in respect of M/s Sharanam Infraproject and trading Ltd (Formerly known as Skyhigh Projects Ltd) March 07, 2016 Page 3 of 6
Adjudication order in respect of M/s Sharanam Infraproject and trading Ltd (Formerly known as Skyhigh Projects Ltd) March 07, 2016 Page 4 of 6
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Source: SecMarx — sebi:VKV/DL/AO-59/2016. 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.