sebi:PKB/AO-146/2009
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Facts / Headnote
Violations established; monetary penalty imposed
Provisions invoked
- s. 15
- s. 15J
Regulations
- Reg. 7
- Reg. 3
- Reg. 4
- Reg. 4(2)
- Reg. 2
- Reg. 4(2)(a)
- Reg. 4(2)(b)
Parties
- Shri S. K. Khemka
Holding
The noticee violated Regulations 3, 4(1), 4(2)(a), (b), (e), (g), (n), (o) of PFUTP Regulations and Clauses A(1)-(4) and B(4)(a) of the Brokers Code of Conduct under Regulation 7. A total monetary penalty of Rs. 3,00,000 was imposed, comprising Rs. 2,00,000 under Section 15HA and Rs. 1,00,000 under Section 15HB of the SEBI Act.
Full text
Adjudication Order In Respect of Shri S. K. Khemka 10/11/2009 In The Matter of Sudama Trading and Investment Co. Page 2 of 15
Adjudication Order In Respect of Shri S. K. Khemka 10/11/2009 In The Matter of Sudama Trading and Investment Co. Page 3 of 15 Broking Pvt. Ltd. S.K Khemka 273150
Adjudication Order In Respect of Shri S. K. Khemka 10/11/2009 In The Matter of Sudama Trading and Investment Co. Page 4 of 15 to enquire into and adjudge upon the alleged violations committed by Shri S. K. Khemka. Pursuant to the transfer of D. Sura Reddy, I was appointed as Adjudicating Officer vides order dated December 10, 2008.
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Source: SecMarx — sebi:PKB/AO-146/2009. 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.