sebi:QJA/GG/MIRSD/DOP/24316/2022-23
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Facts / Headnote
Certificate of Registration bearing no. INZ000050936 cancelled with immediate effect
Provisions invoked
- s. 19
- s. 11(4)
- s. 11B
- s. 28A
- s. 27
- s. 12(3)
- s. 154
- s. 29A
Regulations
- Reg. 6
- Reg. 27
- Reg. 5
- Reg. 9
- Reg. 7
- Reg. 28(1)
- Reg. 27(4)
- Reg. 5(e)
- Reg. 9(b)
- Reg. 14
- Reg. 29A
Parties
- Prompt Commodities Limited
Holding
The Noticee, Prompt Commodities Limited, is not a ‘fit and proper person’ to continue as a stock broker and its Certificate of Registration No. INZ000050936 is cancelled with immediate effect.
Full text
___________________________________________________________________ Order in the matter of Prompt Commodities Ltd. Page 2 of 20
___________________________________________________________________ Order in the matter of Prompt Commodities Ltd. Page 3 of 20
___________________________________________________________________ Order in the matter of Prompt Commodities Ltd. Page 4 of 20
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Source: SecMarx — sebi:QJA/GG/MIRSD/DOP/24316/2022-23. 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.