sebi:Order/VV/AS/2023-24/28819-28818
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Violation established; penalty of Rs 5,00,000 imposed under Section 15HA
Provisions invoked
- s. 15
- s. 15H
- s. 15J
- s. 28A
Regulations
- Reg. 3
- Reg. 2(1)(c)
- Reg. 4(2)
- Reg. 3(a)
- Reg. 26
- Reg. 2(1)(c)(2)
- Reg. 2(1)(c)(7)
- Reg. 2(1)(c)(8)
Parties
- A K Agarwal HUF
Holding
The Noticee violated Regulations 3(a), (b), (c), (d), 4(1) and 4(2)(a) of the PFUTP Regulations by executing non-genuine reversal trades in illiquid stock options and is liable to monetary penalty under Section 15HA of the SEBI Act.
Full text
Adjudication Order in respect of A K Agarwal HUF in the matter of dealings in Illiquid Stock Options on BSE Page 2 of 20
Adjudication Order in respect of A K Agarwal HUF in the matter of dealings in Illiquid Stock Options on BSE Page 3 of 20
Adjudication Order in respect of A K Agarwal HUF in the matter of dealings in Illiquid Stock Options on BSE Page 4 of 20
You have read the preview. Create a free account to read the full order, track this party, and analyse it in Ontology.
Free accounts include 10 searches/day with full order access.
Source: SecMarx — sebi:Order/VV/AS/2023-24/28819-28818. 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.