sebi:WTM/RKA/EFD/42/2015
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Restrained KPT Infotech Pvt. Ltd. from accessing the securities market and prohibited it from buying, selling and otherwise dealing in securities, directly or indirectly, for a period of five years from the date of the order, with immediate effect
Provisions invoked
- s. 19
- s. 12
Regulations
- Reg. 11
- Reg. 3
- Reg. 3(a)
Parties
- KPT Infotech Pvt. Ltd
Holding
KPT Infotech Pvt. Ltd. facilitated OCAL in siphoning off/diversion of IPO proceeds in violation of section 12A(a),(b),(c) of SEBI Act and regulations 3(a),(b),(c),(d) and 4(1) of PFUTP Regulations and was restrained from the securities market for five years.
Full text
_____________________________________________________________________________________ Order n respect of KPT Infotech Pvt. Ltd Page 2 of 9
_____________________________________________________________________________________ Order n respect of KPT Infotech Pvt. Ltd Page 3 of 9
_____________________________________________________________________________________ Order n respect of KPT Infotech Pvt. Ltd Page 4 of 9
You have read the preview. Create a free account to read the full order, track this party, and analyse it in Ontology.
Free accounts include 10 searches/day with full order access.
Source: SecMarx — sebi:WTM/RKA/EFD/42/2015. 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.