sebi:Order/AK/AJ/2023-24/28761
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Facts / Headnote
Penalty imposed on the Noticee for violation of PFUTP Regulations
Provisions invoked
- s. 15
- s. 15H
- s. 15J
- s. 28A
Regulations
- Reg. 3
- Reg. 2(1)(c)
- Reg. 4(2)
- Reg. 3(a)
- Reg. 26
- Reg. 2(1)(c)(2)
- Reg. 2(1)(c)(7)
- Reg. 2(1)(c)(8)
Parties
- Atit Commercial Company Pvt. Ltd.
Holding
The Noticee, Atit Commercial Company Pvt. Ltd., was held liable for violating Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a) of the PFUTP Regulations by executing non-genuine reversal trades in illiquid stock options at BSE, and a penalty of Rs. 5,00,000/- was imposed under Section 15HA of the SEBI Act.
Full text
__________________________________________________________________________________ Adjudication Order in respect of Atit Commercial Company Pvt. Ltd. in the matter of dealings in Illiquid Stock Options at BSE
__________________________________________________________________________________ Adjudication Order in respect of Atit Commercial Company Pvt. Ltd. in the matter of dealings in Illiquid Stock Options at BSE
__________________________________________________________________________________ Adjudication Order in respect of Atit Commercial Company Pvt. Ltd. in the matter of dealings in Illiquid Stock Options at BSE
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Source: SecMarx — sebi:Order/AK/AJ/2023-24/28761. 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.