Adjudication Order in respect of 13 Entities in the matter of Sital Leasing and Finance Limited

Last updated: 30 September 2020
Quick Summary
The Securities and Exchange Board of India (SEBI) has issued an adjudication order against 13 entities in relation to the trading activities of Sital Leasing and Finance Limited. These entities are accused of violating SEBI's Prohibition of Fraudulent and Unfair Trade Practices (PFUTP) Regulations. The order details the specific sections of the SEBI Act and PFUTP Regulations that were allegedly breached.

Court :
SEBI

Brief :
UNDER SECTION 15-IOF SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992 READ WITHRULE 5 OF SEBI (PROCEDURE FOR HOLDING INQUIRY AND IMPOSING PENALTIES) RULES, 1995.

Citation :
ADJUDICATION ORDER NO. Order/MC/HP/2020-21/9247-9259

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