Supreme Court · 2022 INSC 960 · Decided 14 September 2022
DKG Buildcon Private LTD v. The Adjudicating & Enquiry Officer, S.E.B.I.
- Court
- Supreme Court of India
- Citation
- 2022 INSC 960 · [2022] 19 S.C.R. 242
- Case number
- CIVIL APPEAL No. 1742/2009
- Decided
- 14 September 2022
- Bench
- AJAY RASTOGI, B.V. NAGARATHNA (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
Headnote
Securities and Exchange Board of India Act, 1992 - ss.11C (3), 15A(a), 15J -Penalty of rupees one crore levied by the Adjudicating Officer (AO), upheld by the Securities Appellate Tribunal (SAT) - Justification of - violated the summons in August, 2001 and in June, 2002 - Thereafter, SEBI issued numerous summons, giving the appellants opportunities to appear and produce the documents and furnish the information as required - But, the appellants failed to respond to any of the summons issued
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)