sebi:VSS/AO-116/2009
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Facts / Headnote
Proceedings concluded as infructuous and disposed of
Provisions invoked
- s. 15
- s. 15H
Regulations
- Reg. 3
Parties
- Shiv Sah Troop Trac Electrodes Private Limited
Holding
The adjudication proceedings against Shiv Sah Troop Trac Electrodes Private Limited were concluded as infructuous and the matter was accordingly disposed of without any finding on merits or imposition of penalty.
Full text
Page 2 of 5 2. It was alleged that one of the entities, viz., Shiv Sah Troop Trac Electrodes Private Limited (hereinafter referred to as “Noticee”) had violated the provisions of regulations 3, 4 (1), 4 (2) (a), (b), (e) and (g) of SEBI (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Markets) Regulations, 2003 (hereinafter referred to as “PFUTP”).
Page 3 of 5 address and found that no company existed at the said address and further that no company by that name ever existed in the said locality. Moreover, it is a slum area and the persons in the locality did not allow him to affix the notice.
Page 4 of 5 National Securities Depositories Limited (hereinafter referred to as “NSDL”). CDSL vide e-mail dated August 8, 2009 replied that they have no details of the Noticee. NSDL vide e-mail dated August 11, 2009 replied that they also have no details of the Noticee.
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Source: SecMarx — sebi:VSS/AO-116/2009. 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.