sebi:SD/AO/21/2008
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Facts / Headnote
Allegation of violation not established; matter disposed of
Provisions invoked
- s. 15H
- s. 15I
Regulations
- Reg. 4
Parties
- Rajinder Singh Chadha (HUF)
Holding
The alleged violation of Regulation 4(2)(a) and (e) of the PFUTP Regulations, 2003 by Rajinder Singh Chadha (HUF) was not established, and the matter was disposed of without penalty.
Full text
Page 2 of 11 Imposing Penalty by Adjudicating Officer) Rules, 1995 (hereinafter referred to as the ‘Adjudication Rules’) to inquire into and adjudge under Section 15HA of the SEBI Act, the alleged violation of the provisions of Regulation 4 (2) (a) & (e) of SEBI (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) Regulations, 2003 (hereinafter referred to as the ‘PFUTP Regulations, 2003’) by, inter alia, Rajinder Singh Chadha (HUF).
Page 3 of 11 Whether the Noticee has violated Regulation 4 (2) (a) & (e) of the PFUTP Regulations, 2003. 7. Before proceeding to decide the above issue, it is important to have a look at the abovementioned provisions as they existed at the relevant time. The same are reproduced below.
Page 4 of 11 14 28/12/04 3500 18.25 BUY 63875 15 28/12/04 1500 18.25 BUY 27375 16 28/12/04 2000 18.25 BUY 36500 17 28/12/04 3000 18.25 BUY 54750 18 28/12/04 7500 18.3 BUY 137250 19 28/12/04 2500 18.3 BUY 45750 20 28/12/04 700 18.3 BUY 12810
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Source: SecMarx — sebi:SD/AO/21/2008. 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.