sebi:CGM/GG/QJC2/WRO/WRO/21929/2022-23
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Noticee barred from taking new clients for six months and warned to exercise due care and caution while conducting IA business and ensure compliance with applicable rules and regulations.
Provisions invoked
- s. 19
- s. 11(4)
- s. 11B
- s. 12A
- s. 12(3)
- s. 154
Regulations
- Reg. 3
- Reg. 9
- Reg. 18(1)
- Reg. 3(a)
- Reg. 23
- Reg. 7
- Reg. 3(d)
- Reg. 28
- Reg. 27
- Reg. 15(9)
- Reg. 13(b)
- Reg. 35
- Reg. 6(f)
- Reg. 27(4)
- Reg. 25(1)
- Reg. 6
Parties
- Mr. Chetan Kalubhai Dhokiya
Holding
The Noticee was found to have violated Regulation 13(b) and 18(1) of the IA Regulations, Clauses 1(i) and 1(iv) of the SEBI Circular dated December 27, 2019, and Clauses 1 and 5 of the Code of Conduct read with Regulation 15(9) of the IA Regulations, but was not found in violation of the PFUTP Regulations or the 'fit and proper person' criteria. He was barred from taking new clients for six months and warned to ensure compliance.
Full text
__________________________________________________________________________________ Enquiry Order in the matter of Mr. Chetan Kalubhai Dhokiya Page 2 of 23
__________________________________________________________________________________ Enquiry Order in the matter of Mr. Chetan Kalubhai Dhokiya Page 3 of 23
__________________________________________________________________________________ Enquiry Order in the matter of Mr. Chetan Kalubhai Dhokiya Page 4 of 23
You have read the preview. Create a free account to read the full order, track this party, and analyse it in Ontology.
Free accounts include 10 searches/day with full order access.
Source: SecMarx — sebi:CGM/GG/QJC2/WRO/WRO/21929/2022-23. 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.