sebi:Order/SBM/VS/2022-23/16850-16852
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Facts / Headnote
Noticees held to have violated Sections 12A(a), (b), (c) read with Regulations 3(a)-(d) and 4(1) of PFUTP Regulations and held liable for penalty under Section 15HA of SEBI Act
Provisions invoked
- s. 15
- s. 15H
- s. 15I
- s. 15J
- s. 15F
- s. 28A
Regulations
- Reg. 2(c)
- Reg. 3
- Reg. 4(1)
- Reg. 200
- Reg. 3(a)
Parties
- Madhu Chanda
- Anandilal Chanda
- Anandilal Chanda HUF
Holding
The three Noticees front-ran / aided front-running of Sterling Group trades and Sharekhan client trades through prior information and were held to have violated Section 12A(a)-(c) read with Regulations 3(a)-(d) and 4(1) PFUTP, attracting penalty under Section 15HA.
Full text
___________________________________________________________________________ Adjudication Order in respect of 3 Entities in the matter of Front–Running by Manish Chaturvedi & Others Page 2 of 27
___________________________________________________________________________ Adjudication Order in respect of 3 Entities in the matter of Front–Running by Manish Chaturvedi & Others Page 3 of 27
___________________________________________________________________________ Adjudication Order in respect of 3 Entities in the matter of Front–Running by Manish Chaturvedi & Others Page 4 of 27
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Source: SecMarx — sebi:Order/SBM/VS/2022-23/16850-16852. 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.