12-Feb-2024 |
DISPOSED |
Sh. Mohd. Anees, Supervisor is present on behalf of the promoter.
No authorization letter has been submitted. No reply has been submitted to the
show cause notice issued to the promoter for issuing mis leading advertisement
in the newspaper.AR of the promoter states that the promoter has not issued any
such advertisement. He further undertakes to enquire into and register FIR
against the person/ entity which has issued the advertisement and also issue a
disclaimer in the newspaper with respect to the same.
The authority has considered the matter and is of the view that
the promoter has issued misleading advertisement in the newspaper. In view of
the above, the authority hereby imposes a penalty amounting to Rs. 25 lakhs on
the promoter. Detailed order in this regard shall follow. |
ARUN KUMAR VIJAY KUMAR GOYAL ASHOK SANGWAN SANJEEV KUMAR ARORA |
View Order |
18-Apr-2024 |