sebi:Order/AK/VV/2022-23/25242
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Violation established; penalty of Rs 5,00,000 imposed
Provisions invoked
- s. 15
- s. 15H
- s. 15I
- 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
- Cornflower Tradecom Private Limited
Holding
The Noticee executed non-genuine reversal trades in illiquid BSE stock options in violation of Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a) of the PFUTP Regulations and is liable to a monetary penalty of Rs 5,00,000 under Section 15HA of the SEBI Act.
Full text
Adjudication Order in respect of Cornflower Tradecom Private Limited in the matter of dealings in Illiquid Stock Options at BSE.
Adjudication Order in respect of Cornflower Tradecom Private Limited in the matter of dealings in Illiquid Stock Options at BSE.
Adjudication Order in respect of Cornflower Tradecom Private Limited in the matter of dealings in Illiquid Stock Options at BSE.
You have read the preview. Create a free account to read the full order, track this party, and analyse it in Ontology.
Free accounts include 10 searches/day with full order access.
Source: SecMarx — sebi:Order/AK/VV/2022-23/25242. 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.