sebi:VKV/DL/AO-70/2016

SEBI · SEBI · 2011-06-03 · Vijayant Kumar Verma, Adjudicating Officer

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Facts / Headnote

Adjudication proceedings dropped and matter disposed of without decision on merits

Provisions invoked

• s. 15
• s. 15I
• s. 15J
• s. 15C
• s. 446
• s. 391

Parties

• CRB Capital Markets Ltd

Holding

The adjudication proceedings initiated against the Noticee vide SCN dated February 11, 2014 cannot be proceeded with for want of leave of the winding-up Court, and the matter is accordingly disposed of.

Full text

Adjudication Order in respect of CRB Capital Markets Ltd March 21, 2016 Page 2 of 5 2. In order to further remind the Noticee about the compliance with the requirements as laid down in the SEBI Circular dated June 03, 2011, letter dated December 07, 2011 and January 19, 2012 was sent to the Noticee informing about the commencement of processing of investor complaints in a centralized web based complaints redress system SCORES in terms of the Circular and advising the Noticee to send the information (i.e. details for authentication) as required in the Circular, at the earliest. Both the above mentioned letters returned undelivered.

Adjudication Order in respect of CRB Capital Markets Ltd March 21, 2016 Page 3 of 5 SHOW CAUSE NOTICE, REPLY AND HEARING

Adjudication Order in respect of CRB Capital Markets Ltd March 21, 2016 Page 4 of 5 of the Office of Official Liquidator, Delhi, I found that the Noticee was compulsory wound up by Official Liquidator vide order bearing CP No. 191/97 dated 22.05.1997 (Source- http://www.companyliquidator.gov.in/Liquidation-List-Delhi.pdf )

Source: SecMarx — sebi:VKV/DL/AO-70/2016. 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.