Noncompliance of summons had hampered the further course of ...

Appellate Tribunal Confirms Penalty for Withholding Information, Hindering SEBI's CIS Investigation, Impacting Investors' Interests.

March 4, 2019

Case Laws SEBI SC

Noncompliance of summons had hampered the further course of investigation. The failure was without any justification. - the Appellate Tribunal has observed that details were withheld with a view to delay the investigation being conducted by SEBI to the detriment of investors from whom funds were collected by the appellants in contravention of CIS Regulations. - Levy of penalty confirmed - SC

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Noncompliance of summons had hampered the further course of ...

Appellate Tribunal Confirms Penalty for Withholding Information, Hindering SEBI's CIS Investigation, Impacting Investors' Interests.

March 4, 2019

Case Laws SEBI SC

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