sebi:PKB/AO-160/2009
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Facts / Headnote
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
- Sikaria Shares & Stock Broking Services Pvt. Ltd.
Holding
The noticee violated Regulations 3, 4(1), 4(2)(a), (b), (e), (g), (n), (o) of the PFUTP Regulations and Clauses A(1)-(4) and B(4)(a) of the Stock Brokers Code of Conduct and is liable for monetary penalty. A total penalty of Rs. 5,00,000 (Rs. 4,00,000 under Section 15HA and Rs. 1,00,000 under Section 15HB) was imposed.
Full text
Adjudication Order In Respect of Sikaria Shares & Stock Broking Services Pvt. Ltd. 14/12/2009 In The Matter of Sudama Trading and Investment Co.
Adjudication Order In Respect of Sikaria Shares & Stock Broking Services Pvt. Ltd. 14/12/2009 In The Matter of Sudama Trading and Investment Co.
Adjudication Order In Respect of Sikaria Shares & Stock Broking Services Pvt. Ltd. 14/12/2009 In The Matter of Sudama Trading and Investment Co.
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Source: SecMarx — sebi:PKB/AO-160/2009. 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.