sebi:Order/PB/AE/2021-22/13064
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Facts / Headnote
Adjudication proceedings disposed of / dropped
Provisions invoked
- s. 15
- s. 19
- s. 15H
- s. 248
- s. 560
Regulations
- Reg. 3(a)
Parties
- A S B N Commodities & Fineserve Pvt. Ltd.
Holding
The Adjudicating Officer concluded that the adjudication proceedings initiated against the Noticee, A S B N Commodities & Fineserve Pvt. Ltd., vide SCN dated November 17, 2017, cannot be proceeded with because the Noticee's name was struck off from the RoC list and it was dissolved as on June 16, 2017.
Full text
Page 2 of 8 Noticee and 20 other entities under Section 15HA of SEBI Act, 1992 for the alleged violations of the aforementioned provisions of PFUTP Regulations.
Page 3 of 8 Period Particulars Open High Low Close Avg. Volume 14/1/14-28/2/14 – pre investigation period Price 3.08 (14/1/14) 4.72 (28/2/14) 3.08 (14/1/14) 4.72 (28/2/14) 127 Volume 100 (14/1/14) 1000 (30/1/14) 10 (31/1/14) 10 (28/2/14) 01/03/14-31/05/16- Investigation period Price 4.95 (3/3/14) 261 (26/5/16) 4.95 (3/3/14) 260.5 (31/5/16) 38430 Volume 10 (3/3/14) 344003 (17/4/14) 1 (5/5/14) 60433 (31/5/16) 01/6/16-31/08/16 – post investigation period Price 262 (1/6/16) 269 (11/7/16) 236.55 (4/7/16) 269 (31/8/2016) 72151 Volume 60198 (1/6/16) 145414 (9/8/16) 8 (21/7/16) 30046 (31/08/2016)
Page 4 of 8 LTP Contribution by 21 suspected entities 135 4504680 81 4217 254.60 701072 486 -119.60 449713 277 3353895 3454 42.46
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