sebi:PKK/AO/138/2010
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Facts / Headnote
Penalty of Rs. 1,00,000 imposed on the Noticee for violation of PFUTP Regulations
Provisions invoked
- s. 15
- s. 15H
- s. 15J
Regulations
- Reg. 3
Parties
- Shri Jignesh Shah
Holding
The Noticee violated Regulations 3(a), (b), (c), (d), 4(1), 4(2)(a), (b), (d), (e) & (g) of the PFUTP Regulations, 2003 and was held liable under Section 15HA of the SEBI Act, with a monetary penalty of Rs. 1,00,000 imposed.
Full text
Page 2 of 11 scrip of FTEL increased from ` 13.16/- to ` 58.05/- witnessing a sharp increase of 341% in just six months.
Page 3 of 11 provisions of the SEBI Act. Consequent to Mrs. Rayudu being sent on deputation, Mr. Sandeep Deore was appointed as the AO vide SEBI Order dated November 23, 2007. SEBI vide Order dated August 17, 2010 appointed the undersigned as the AO in the instant matter subsequent to the transfer of Mr. Deore to the Enforcement Department.
Page 4 of 11 violated the provisions of Regulations 3 (a), (b), (c), (d) 4(1), 4(2) (a), (b), (d), (e)& (g) of the PFUTP Regulations.
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Source: SecMarx — sebi:PKK/AO/138/2010. 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.