sebi:PG/AO-05/2010
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Facts / Headnote
No monetary penalty imposed; case disposed of
Provisions invoked
- s. 15
- s. 15H
- s. 15J
- s. 15I
Regulations
- Reg. 7
- Reg. 4
- Reg. 4(2)(a)
Parties
- M/s. DPS Shares and Securities Private Limited
Holding
The Adjudicating Officer held that violation of regulations 4(2)(a) and (e) of PFUTP Regulations by DPS was not established, while violation of clause A(2) of the Code of Conduct for allowing two client codes was established, but imposed no monetary penalty and disposed of the case.
Full text
Page 2 of 17 price of the company. SEBI conducted investigation into the affairs, trading and dealings in the said scrip for the period July 01, 2003 to December 31, 2003 (hereinafter referred to as ‘investigation period’).
Page 3 of 17 by Adjudicating Officer) Rules, 1995 (hereinafter referred to as ‘Rules’) to inquire into and adjudge the alleged violations of the provisions of PFUTP Regulations and Brokers Regulations.
Page 4 of 17 Noticee. However, the same was returned undelivered with remarks “Office Shifted”. Thereafter another hearing Notice dated November 24, 2009 fixing December 10, 2009 as date of hearing was sent to the Noticee. Mr. Rajkumar Masalia, Authorised Representative, appeared on behalf of the Noticee and submitted that the Noticee wanted to file application for consent and sought time till December 24, 2009. However, no communication has been received in this regard till now.
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Source: SecMarx — sebi:PG/AO-05/2010. 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.