R𝗼𝗖, 𝗔𝗵𝗺𝗲𝗱𝗮𝗯𝗮𝗱 LEVIES RS 10 CRORES FINE ON JAY AMBE SUPERMARKETS LIMITED FOR NOT DEPOSITING IN A SEPARATE BANK THE PRIVATE PLACEMENT PROCEEDS.
𝗥𝗼𝗖, 𝗔𝗵𝗺𝗲𝗱𝗮𝗯𝗮𝗱 LEVIES RS 10 CRORES FINE ON JAY AMBE SUPERMARKETS LIMITED FOR NOT DEPOSITING IN A SEPARATE BANK THE PRIVATE PLACEMENT PROCEEDS.
𝗥𝗼𝗖, 𝗔𝗵𝗺𝗲𝗱𝗮𝗯𝗮𝗱 𝗶𝗺𝗽𝗼𝘀𝗲𝘀 𝗮 𝗽𝗲𝗻𝗮𝗹𝘁𝘆 𝗼𝗳 𝗥𝘀. 𝟭𝟬 𝗖𝗿𝗼𝗿𝗲𝘀 𝗼𝗻 𝗝𝗮𝘆 𝗔𝗺𝗯𝗲 𝗦𝘂𝗽𝗿𝗲𝗺𝗮𝗿𝗸𝗲𝘁𝘀 𝗟𝗶𝗺𝗶𝘁𝗲𝗱 ( (𝗥𝘀. 𝟮 𝗰𝗿𝗼𝗿𝗲𝘀 𝗲𝗮𝗰𝗵 𝗼𝗻 𝘁𝗵𝗲 𝗰𝗼𝗺𝗽𝗮𝗻𝘆 𝗮𝗻𝗱 𝟰 𝗗𝗶𝗿𝗲𝗰𝘁𝗼𝗿𝘀.) 𝗳𝗼𝗿 𝗳𝗮𝗶𝗹𝘂𝗿𝗲 𝘁𝗼 𝗱𝗲𝗽𝗼𝘀𝗶𝘁 𝘀𝗵𝗮𝗿𝗲 𝗮𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗺𝗼𝗻𝗲𝘆 𝗿𝗲𝗰𝗲𝗶𝘃𝗲𝗱 𝗼𝗻 𝗽𝗿𝗲𝗳𝗲𝗿𝗲𝗻𝘁𝗶𝗮𝗹 𝗮𝗹𝗹𝗼𝘁𝗺𝗲𝗻𝘁 𝗶𝗻 𝗮 𝘀𝗲𝗽𝗮𝗿𝗮𝘁𝗲 𝗯𝗮𝗻𝗸 𝗮𝗰𝗰𝗼𝘂𝗻𝘁 𝗮𝗻𝗱 𝗳𝗮𝗶𝗹𝘂𝗿𝗲 𝘁𝗼 𝗳𝗶𝗹𝗲 𝗲-𝗳𝗼𝗿𝗺 𝗣𝗔𝗦-𝟯 𝘄𝗶𝘁𝗵𝗶𝗻 𝘁𝗵𝗲 𝘀𝘁𝗶𝗽𝘂𝗹𝗮𝘁𝗲𝗱 𝘁𝗶𝗺𝗲, 𝗶𝗻 𝘃𝗶𝗼𝗹𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗦𝗲𝗰. 𝟰𝟮(𝟲) 𝗿.𝘄.𝘀. 𝟰𝟮(𝟴) 𝗼𝗳 𝘁𝗵𝗲 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗔𝗰𝘁, 𝟮𝟬𝟭𝟯.
Parking application money in the operating account defeats the purpose of ring fencing it until allotment.
Use a pre-allotment checklist signed off by the Company Secretary or a practicing professional
# R V SECKAR , Your compliance expert 79047 19295,
No comments:
Post a Comment