sebi:Order/JS/VC/2025-26/32171
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Disposed of without imposition of any penalty
Provisions invoked
- s. 15
- s. 15H
- s. 15J
Regulations
- Reg. 3
- Reg. 4(1)
- Reg. 3(a)
- Reg. 26
Parties
- Jitendra Hansraj Vithalani
Holding
The adjudication proceedings initiated against Jitendra Hansraj Vithalani vide SCN dated February 28, 2022 are disposed of without imposition of any penalty as violation of PFUTP Regulations was not established.
Full text
Adjudication Order in respect of Jitendra Hansraj Vithalani in the matter of dealings in Illiquid Stock Options on BSE Page 2 of 7
Adjudication Order in respect of Jitendra Hansraj Vithalani in the matter of dealings in Illiquid Stock Options on BSE Page 3 of 7
Adjudication Order in respect of Jitendra Hansraj Vithalani in the matter of dealings in Illiquid Stock Options on BSE Page 4 of 7
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Source: SecMarx — sebi:Order/JS/VC/2025-26/32171. 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.