Section 15H in The Securities and Exchange Board of India Act, 1992
15H. Penalty for non-disclosure of acquisition of shares and takeovers
read with sub-section (ii) of section 15H of the SEBI Act, 1992 in the matter of acquisition ... adjudge contravention of sub section (ii) of Section 15H of the Securities and Exchange Board of India Act, 1992 (the Act) read with sub clause
penalty of ` 10
lac is imposed under Section 15H (ii) of SEBI Act for violating regulation 11(2)
of SAST Regulations ... consequently, imposition of penalty of
`10 lac under Section 15H(ii) of SEBI Act for alleged
37
violation of regulation
Officer) Rules, 1995. The appellants, pursuant to Sections 15A , 15H of the SEBI Act, read with regulations ... SEBI Act deals with the penalties and the adjudication. Section 15-I of the SEBI Act envisage appointment
penalty of Rs. 5 lakhs Under Section 15H(i) the Securities and Exchange
Board of India Act, 1992 ('the Act'), based ... consequently, section 15H(i) of the
Securities and Exchange Board of India Act, 1992. Section 15H(i) provides
that a person who violates that provision
Woodlands, Pedder Road,
Mumbai - 40 026. ..... Appellants
Versus
Securities and Exchange Board of India
SEBI Bhavan, Plot No. C-4A, G Block ... paid jointly and severally
under Section 15H(ii) of Securities and Exchange Board of India Act, 1992
(' SEBI Act
Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1994 (the 1994 Regulations)/Securities and Exchange Board of India (Substantial Acquisition ... SEBI takeover Regulations is a sum of Rs.5 lakh as provided in section 15H of the SEBI Act
liable for payment of penalty under Section 15H(ii) of the Securities and Exchange Board of India Act, 1992 is the issue before ... Takeover Regulations under Section 15H(1) of the Securities and Exchange Board of India Act 1992 (for short, the Act). Regulation 11(1) reads
Sector - 17,
Navi Mumbai - 400 703. ..... Appellants
Versus
Securities and Exchange Board of India
SEBI Bhavan, Plot No. C-4A, G-Block ... counts
under Section 15H of the Securities and Exchange Board of
India (hereinafter referred to as ' SEBI Act '), under Section
Community Centre, Saket,
6
New Delhi - 110017. ..... Appellants
Versus
Securities and Exchange Board of India
SEBI Bhavan, Plot ... Ahluwalia
B-10, Saket, New Delhi - 110017. ..... Appellant
Versus
Securities and Exchange Board of India
SEBI Bhavan, Plot