sebi:VSS/AO-115/2009
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Facts / Headnote
No monetary penalty imposed; case disposed of
Provisions invoked
- s. 15A
- s. 15
- s. 15I
- s. 15J
Parties
- Purshottam Khatri
Holding
The Noticee violated sections 11C(2) and 11C(3) only in respect of the first summons dated December 19, 2007, but no monetary penalty under section 15A(a) was imposed and the case was accordingly disposed of.
Full text
Page 2 of 7 APPOINTMENT OF ADJUDICATING OFFICER 3. The undersigned was appointed as Adjudicating Officer vide order dated April 07, 2008 under section 15 I of the SEBI Act read with rule 3 of SEBI (Procedure for Holding Inquiry and Imposing Penalty by Adjudicating Officer) Rules, 1995 (hereinafter referred to as the ‘Rules’) to inquire into and adjudge under section 15A(a) of the SEBI Act.
Page 3 of 7 7. The second opportunity of hearing was granted to the Noticee on March 03, 2009 vide notice dated February 05, 2009 through SPAD. The said notice was delivered to the Noticee as per the acknowledgement received from the Noticee. However, neither the Noticee nor his representative appeared for the hearing.
Page 4 of 7 summonses issued vis-à-vis status of their compliance by the Noticee are as under: Date of Summons Mode of Delivery Proof of delivery of summons Status of compliance December 19, 2007 Through ASE Received
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Source: SecMarx — sebi:VSS/AO-115/2009. 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.