sebi:Order/PB/S/2020-21/13068

SEBI · SEBI · 2017-07-26 · Parag Basu, Adjudicating Officer

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Facts / Headnote

Adjudication proceedings disposed of / dropped

Provisions invoked

Regulations

Parties

Holding

The Adjudicating Officer disposed of the adjudication proceedings initiated against Black Horse Media and Entertainment Pvt. Ltd. vide SCN dated November 17, 2017, holding that the proceedings cannot be proceeded with because the Noticee's name was struck off from the RoC list and the company was dissolved as on September 11, 2018.

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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Source: SecMarx — sebi:Order/PB/S/2020-21/13068. 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.