sebi:WTM/AB/CFD/CMD-1/17895/2022-23
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Facts / Headnote
Proceedings initiated by the SCN against the Noticees disposed of without any further directions.
Provisions invoked
- s. 19
- s. 149(12)
- s. 11B(2)
Regulations
- Reg. 8
- Reg. 4(2)(f)
- Reg. 6
- Reg. 17(8)
- Reg. 25(5)
- Reg. 26(3)
- Reg. 44(3)
- Reg. 24(2)
- Reg. 17(5)
Parties
- Bhagwan Das Narang
- Rashmi Aggarwal
- Shankar Aggarwal
Holding
The proceedings initiated by the SCN against the independent directors (Bhagwan Das Narang, Rashmi Aggarwal and Shankar Aggarwal) of Dish TV India Limited were disposed of without any further directions, finding no omission to exercise due diligence attributable to them.
Full text
Final Order in respect of Independent Directors - Dish TV India Limited Page 2 of 24 to as “NSE”) (hereinafter, collectively referred to as “Exchanges”).
Final Order in respect of Independent Directors - Dish TV India Limited Page 3 of 24 (vi) Thereafter, DTL conducted an AGM on December 30, 2021. Mr. Jayant Gupta, Partner of M/s Jayant Gupta & Associates was appointed by the Company as the Scrutinizer (hereinafter referred to as “Scrutinizer”) in terms of Rules 20 and 21 of the Companies (Management and Administration) Rules, 2014, to scrutinize the voting and remote e-voting process in a fair and transparent manner.
Final Order in respect of Independent Directors - Dish TV India Limited Page 4 of 24 Advisory to the Exchanges, despite being directed to do so.
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Source: SecMarx — sebi:WTM/AB/CFD/CMD-1/17895/2022-23. 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.