sebi:MC/AO-06/2012
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Facts / Headnote
Violation of Regulations 4(1) and 4(2)(a) of PFUTP Regulations held established with penalty of Rs.50,000 under Section 15HA; charge of violation of Section 11C(3) read with 11C(2) held not established
Provisions invoked
- s. 15
- s. 15H
- s. 15J
- s. 12
- s. 11C(3)
Regulations
- Reg. 4
- Reg. 3
- Reg. 4(1)
- Reg. 200
Parties
- Vikas Gourihar Narnavar
Holding
Vikas Gourihar Narnavar violated Regulations 4(1) and 4(2)(a) of the SEBI (PFUTP) Regulations, 2003 and was liable to a penalty of Rs.50,000 under Section 15HA of the SEBI Act, 1992, while the allegation of violation of Section 11C(3) read with 11C(2) was held not established.
Full text
Adjudication Order in respect of Vikas Gourihar Narnavar in the matter of E.Star Infotech Ltd. March 30, 2012 Order No. MC/AO- 06/2012 Page 2 of 8
Adjudication Order in respect of Vikas Gourihar Narnavar in the matter of E.Star Infotech Ltd. March 30, 2012 Order No. MC/AO- 06/2012 Page 3 of 8
Adjudication Order in respect of Vikas Gourihar Narnavar in the matter of E.Star Infotech Ltd. March 30, 2012 Order No. MC/AO- 06/2012 Page 4 of 8
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Source: SecMarx — sebi:MC/AO-06/2012. 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.