sebi:QJA/AA/WRO/WRO/22665/2022-23

SEBI · SEBI · 2022-09-29 · Dr. Anitha Anoop, Quasi-Judicial Authority

This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.

Facts / Headnote

Noticee found liable for unregistered investment advisory services and fraud/mis-selling under PFUTP Regulations; penalty amount not stated in the provided text

Provisions invoked

s. 15
s. 19
s. 12(1)
s. 11B
s. 12A
s. 12
s. 11
s. 15H
s. 15J
s. 15F
s. 15E

Regulations

Reg. 3
Reg. 2(1)(c)
Reg. 2(1)
Reg. 2
Reg. 3(a)
Reg. 2(1)(l)
Reg. 3(1)
Reg. 2(1)(m)
Reg. 4(2)(k)
Reg. 4(2)(s)

Parties

Mehul Pravinbhai Jiyani (Proprietor – Rocket Tips)

Holding

The Noticee, Mehul Pravinbhai Jiyani (Proprietor – Rocket Tips), was found to have carried on the business of providing investment advice for consideration without obtaining registration as an Investment Advisor, and to have committed fraud and mis-selling by claiming 90-95% accuracy in advice, in violation of the SEBI Act and PFUTP Regulations.

Full text

Order in the matter of unregistered investment advisory services by Mehul Pravinbhai Jiyani (Proprietor – Rocket Tips) ________________________________________________________________________________________________

You have read the preview. Create a free account to read the full order, track this party, and analyse it in Ontology.

Free accounts include 10 searches/day with full order access.

Analyse this matter in Ontology · Plans

Source: SecMarx — sebi:QJA/AA/WRO/WRO/22665/2022-23. 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.