sebi:MC/AO-01/2011
Facts / Headnote
Penalty imposed on noticee for violation of PFUTP Regulations
Provisions invoked
- s. 15
- s. 15J
Regulations relied on
- SEBI (PFUTP) Regulations, 2003 — 4(1)
- SEBI (PFUTP) Regulations, 2003 — 4(2)(a)
- SEBI (PFUTP) Regulations, 2003 — 4(2)(g)
Parties
- Mukesh Choksi
Holding
The noticee Mukesh Choksi was held to have violated regulations 4(1) and 4(2)(a) and (g) of the PFUTP Regulations by contributing to a misleading appearance of trading in the shares of Genus Commu Trade Limited, and a penalty of Rs. 50,000 was imposed under Section 15HA of the SEBI Act.
Full text
Adjudication Order in respect of Mukesh Choksi in the matter of Genus Commu Trade Limited September 02, 2011 Order No. MC/AO- 01/2011 Page 2 of 7
Adjudication Order in respect of Mukesh Choksi in the matter of Genus Commu Trade Limited September 02, 2011 Order No. MC/AO- 01/2011 Page 3 of 7 Imposing Penalties by Adjudicating Officer) Rules, 1995 read with Section 15 I of the SEBI Act, 1992.
Adjudication Order in respect of Mukesh Choksi in the matter of Genus Commu Trade Limited September 02, 2011 Order No. MC/AO- 01/2011 Page 4 of 7 Issue 1: Whether the noticee has violated 4(1), 4(2) (a) and (g) of PFUTP Regulations.
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Source: SecMarx — sebi:MC/AO-01/2011. 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.