Mr. G. Jayaraman
Penalties and directions recorded
- SEBI AO order dated 27 July 2012 imposing a penalty of Rs. 5 lakh was set aside.
- Penalty imposed on the appellant was quashed.
SAT-appeal
- Failure as compliance officer to close trading window when proposed acquisition of Maytas Infra and Maytas Properties was unpublished price sensitive information.Impugned AO order dated 29 November 2011 set aside · Matter remanded to adjudicating officer for fresh findingsAppeal: Appeal No. 4 of 2012 disposed of on 26.03.2012 by set-aside and remand with no order as to costs
- Failure, as Satyam’s Compliance Officer, to close the trading window while possessing unpublished price-sensitive information concerning Satyam’s proposed acquisition of Maytas Infra Ltd. and Maytas Properties Ltd.SAT allowed the appeal. · SEBI AO order dated 27 July 2012 imposing a penalty of Rs. 5 lakh was set aside.Appeal: Appeal No. 182 of 2012, decided on 24 December 2013; appeal allowed and impugned penalty order set aside.
Source: SecMarx — Mr. G. Jayaraman. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (charges, outcomes, appeal chain) is cited to us.