0064-2007 M-s. Active Finstock Private Limited vs Securities and Exchange Board of India
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counter party brokers are taking the opposite position (buy/sell) shares for clients who are related to your client/associated entities of the company/its promoters. Similarly when you were selling shares for your client, these same set of brokers were the counter party brokers. This is shown in Annexure 1. 5. M/s. Sneha Investments, Subhash Trading, Rajesh Financial Services, Sikha Investments and Chirag Investments were the main buyers and sellers in the scrip of Mazda Fabrics. They had created huge volumes among themselves and these clients had a net buy position at the end
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
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Source: SecMarx — 0064-2007 M-s. Active Finstock Private Limited vs Securities and Exchange Board of India. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.