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SEBI - Highlights / Catch Notes

Home Highlights October 2023 Year 2023 This

Penalty imposed by SEBI - wrong PAN No. given - The PAN ...

Case Laws     SEBI

October 10, 2023

Penalty imposed by SEBI - wrong PAN No. given - The PAN particulars are, but one of the mode to identify an individual, and merely because a wrong PAN number is given, it does change the individual, more so when the petitioner had paid the penalty without demur. Turning to the maintainability, the petitioner ought to have challenged it in the manner provided under the Act. - HC

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