sebi:QJA/ARB/MIRSD/DOP/24241/2022-23
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Facts / Headnote
Order passed under amended regulation 27 of the SEBI (Intermediaries) Regulations, 2008; certificate of registration No. INZ000035935 addressed in respect of 'fit and proper person' criteria
Provisions invoked
- s. 19
- s. 11(4)
- s. 11B
- s. 12
- s. 27
- s. 29
- s. 12(3)
- s. 154
- s. 3(2)
- s. 131B
Regulations
- Reg. 28(2)
- Reg. 7
- Reg. 9(b)
- Reg. 28
- Reg. 27
- Reg. 28(1)
- Reg. 25(1)
- Reg. 5(e)
Parties
- Share India Commodity Brokers Private Limited
Holding
The noticee, Share India Commodity Brokers Private Limited, does not satisfy the 'fit and proper person' criteria under Schedule II of the Intermediaries Regulations, as an FIR dated September 28, 2018 under section 154 of Cr.PC is validly subsisting against it, attracting the disqualification under paragraph 3(b)(i) of the amended Schedule II.
Full text
Order in respect of Share India Commodity Brokers Private Limited in the matter of National Spot Exchange Limited Page 2 of 22
Order in respect of Share India Commodity Brokers Private Limited in the matter of National Spot Exchange Limited Page 3 of 22
Order in respect of Share India Commodity Brokers Private Limited in the matter of National Spot Exchange Limited Page 4 of 22
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Source: SecMarx — sebi:QJA/ARB/MIRSD/DOP/24241/2022-23. 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.