sebi:VKV/DL/AO-89/2016
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Facts / Headnote
Adjudication proceedings disposed of without imposition of monetary penalty
Provisions invoked
- s. 15
- s. 15I
- s. 15J
- s. 15C
Parties
- M/s Metal Box India Ltd.
Holding
The adjudication proceedings against M/s Metal Box India Ltd. initiated vide Show Cause Notice dated February 02, 2016 were disposed of without monetary penalty under Section 15C of the SEBI Act, 1992 because the allegation of failure to redress investor grievances was held not established.
Full text
Adjudication order in respect of M/s Metal Box India Ltd. March 23, 2016 Page 2 of 6 However, it was observed that M/s Metal Box India Ltd. (hereinafter referred to as "Noticee/the Company") did not submit the details to SEBI which were required to be furnished in terms of the said Circular.
Adjudication order in respect of M/s Metal Box India Ltd. March 23, 2016 Page 3 of 6 SHOW CAUSE NOTICE, REPLY AND HEARING
Adjudication order in respect of M/s Metal Box India Ltd. March 23, 2016 Page 4 of 6 Vide Hearing notice no: SEBI-NRO/OW/AO/VKV/DL/HN/344/2016 dated February 22, 2016 at SEBI-NRO, New Delhi on March 02, 2016. The said Notice of hearing was duly served to the Noticee through the Department of Post.
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Source: SecMarx — sebi:VKV/DL/AO-89/2016. 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.