sebi:PKB/AO-96/2009
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Facts / Headnote
Noticee found guilty of violations; penalty imposed of Rs. 2,00,000 under section 15HA and Rs. 1,00,000 under section 15HB (total Rs. 3,00,000)
Provisions invoked
- s. 15
- s. 15H
- s. 15J
Regulations
- Reg. 7
- Reg. 3
Parties
- Ahilya Commercial Pvt. Ltd.
Holding
The Noticee, Ahilya Commercial Pvt. Ltd., was held liable for violating Regulations 3, 4(1), 4(2)(a), (b), (e), (g) and (o) of the PFUTP Regulations and Clauses A(1), (2), (3), (4), (5) and B(4)(a) of the Code of Conduct for Stock Brokers, and was imposed a penalty of Rs. 3,00,000 (Rs. 2,00,000 under section 15HA and Rs. 1,00,000 under section 15HB).
Full text
Adjudication Order in respect of Ahilya Commercial Pvt. Ltd. in the matter of M/s. Twenty First Century (India) Ltd. Page 2 of 13 August 11, 2009
Adjudication Order in respect of Ahilya Commercial Pvt. Ltd. in the matter of M/s. Twenty First Century (India) Ltd. Page 3 of 13 August 11, 2009 show cause why inquiry should not be held against the Noticee under Rule 4(3) of the Adjudication Rules for the alleged violations and why penalty should not be imposed in terms of sections 15HA and 15HB of the Act.
Adjudication Order in respect of Ahilya Commercial Pvt. Ltd. in the matter of M/s. Twenty First Century (India) Ltd. Page 4 of 13 August 11, 2009
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Source: SecMarx — sebi:PKB/AO-96/2009. 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.