April 22, 2009
PR No. 140/2009

Consent Order in the matter of Westlife Development Limited

A Panel consisting of Whole Time Members, SEBI, Shri M.S. Sahoo and Dr. K.M. Abraham, has passed a consent order dated April 20, 2009 on the consent application submitted by Westlife Development Limited for delay in making disclosures under Regulation 6(4) of the SEBI (Substantial Acquisition of Shares and Takeovers), Regulations, 1997 for the year 1997. The applicant without admitting or denying guilt has remitted a sum of Rs. 30,000/- (Rupees thirty thousand only) towards settlement charges in the matter. 


April 22, 2009

For full copy of order against WESTLIFE DEVELOPMENT LTD., click here.