Shikhar Consultants Ltd.
Penalties and directions recorded
- If appellant complies, BSE to give personal hearing and pass final order in accordance with law
- Appeal partly allowed; penalty reduced from Rs 8 lac to Rs 1 lac being minimum under Section 15HB
- No order as to costs; AOs directed to pass orders in consonance with SEBI Act provisions
SAT-appeal
- Delisting by BSE for non-payment of dues to BSE and other pending non-compliances21 days delay in filing appeal condoned; Misc. Application No. 325 of 2018 disposed of · Appeal No. 385 of 2018 disposed of on undertaking with no order as to costs
- Failure to obtain SCORES authentication by September 14, 2012 as mandated by SEBI circular dated August 13, 2012.Appeal partly allowed; penalty reduced from Rs 8 lac to Rs 1 lac being minimum under Section 15HB · No order as to costs; AOs directed to pass orders in consonance with SEBI Act provisionsAppeal: Appeal No. 35 of 2018 decided on 09.04.2018 - partly allowed, penalty reduced to Rs 1 lac
Source: SecMarx — Shikhar Consultants Ltd.. 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.