sebi:EAD-5/BS/AO/04-05/2017-18
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Facts / Headnote
Disposed of without penalty
Provisions invoked
- s. 15
- s. 15H
- s. 15I
Regulations
- Reg. 7
- Reg. 3
- Reg. 3(a)
Parties
- Chandarana Intermediaries Brokers Pvt. Ltd.
- Marwadi Shares & Finance Ltd.
Holding
The alleged violations of Regulations 3(a) to (d), 4(1), 4(2)(a) and (g) of PFUTP Regulations against Noticee No. 1 and the alleged violation of Clause A(3) of the Code of Conduct for Stock Brokers read with Regulation 7 of Stock Brokers Regulations against Noticee No. 2 were not established, and the adjudication proceedings were disposed of without penalty.
Full text
Adjudication Order against Chandarana Intermediaries Brokers Pvt. Ltd. and Marwadi Shares & Finance Ltd. in the matter of Rushil Décor Ltd. Page 2 of 9 (hereinafter referred to as Stock Brokers Regulations) by Chandarana Intermediaries Brokers Pvt. Ltd. and Marwadi Shares & Finance Ltd. (hereinafter referred to as Noticee No. 1 and Noticee No. 2 respectively and Noticees collectively) during the period July 07, 2011 to July 12, 2011 (hereinafter referred to as Investigation Period).
Adjudication Order against Chandarana Intermediaries Brokers Pvt. Ltd. and Marwadi Shares & Finance Ltd. in the matter of Rushil Décor Ltd. Page 3 of 9
Adjudication Order against Chandarana Intermediaries Brokers Pvt. Ltd. and Marwadi Shares & Finance Ltd. in the matter of Rushil Décor Ltd. Page 4 of 9
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Source: SecMarx — sebi:EAD-5/BS/AO/04-05/2017-18. 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.