sebi:EAD-5/SVKM/RGA/AO/15/2015-16
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Facts / Headnote
Noticee held liable for violations of PFUTP Regulations, 2003; penalty imposed under sections 15HA and 15HB of SEBI Act, 1992 (amount not specified in extracted text)
Provisions invoked
- s. 15
- s. 15H
- s. 15J
Regulations
- Reg. 4
- Reg. 3
- Reg. 4(1)
- Reg. 15
- Reg. 17
- Reg. 2
- Reg. 47
- Reg. 4(2)(a)
- Reg. 4(2)(e)
- Reg. 4(2)(g)
- Reg. 4(2)(b)
Parties
- Aquarian Share Broking Co. Pvt Ltd
Holding
The Noticee, Aquarian Share Broking Co. Pvt Ltd, was held liable for indulging in fraudulent and unfair trade practices in the scrip of Harita Seating Systems Limited by executing synchronized cross trades and manipulative trades on behalf of its clients, in violation of Regulation 4 of the PFUTP Regulations, 2003, and was made liable for penalty under sections 15HA and 15HB of the SEBI Act, 1992.
Full text
Adjudication Order in respect of Aquarian Share Broking Co. Pvt Ltd in the matter of Harita Seating Systems Limited August 31, 2015 Page 2 of 54
Adjudication Order in respect of Aquarian Share Broking Co. Pvt Ltd in the matter of Harita Seating Systems Limited August 31, 2015 Page 3 of 54
Adjudication Order in respect of Aquarian Share Broking Co. Pvt Ltd in the matter of Harita Seating Systems Limited August 31, 2015 Page 4 of 54
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Source: SecMarx — sebi:EAD-5/SVKM/RGA/AO/15/2015-16. 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.