sebi:Order/SD/MH/2021-22/15592
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Facts / Headnote
Adjudication proceedings abated and disposed of without penalty
Provisions invoked
- s. 15
- s. 15H
Regulations
- Reg. 4(1)
- Reg. 3(a)
Parties
- Jagdish Prasad Modi
Holding
The adjudication proceedings initiated against the deceased Noticee, Late Mr. Jagdish Prasad Modi, were abated and disposed of without imposing any penalty, as the proceedings did not survive his death.
Full text
Adjudication Order in respect of Jagdish Prasad Modi in the matter of dealings in Illiquid Stock Options at BSE Page 2 of 3
Adjudication Order in respect of Jagdish Prasad Modi in the matter of dealings in Illiquid Stock Options at BSE Page 3 of 3
generation of artificial volumes, leading to allegations that the Noticee had violated the provisions of regulations 3(a), (b), (c), (d) and regulations 4(1),4(2)(a) of the SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003 (hereinafter referred to as “PFUTP Regulations, 2003”). APPOINTMENT OF ADJUDICATING OFFICER
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Source: SecMarx — sebi:Order/SD/MH/2021-22/15592. 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.