sebi:SD/AO/22/2008
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Facts / Headnote
Alleged violation not established; matter disposed of
Provisions invoked
- s. 15H
- s. 15I
Regulations
- Reg. 4
Parties
- Manpreet Singh Chadha (HUF)
Holding
The alleged violation of Regulation 4(2)(a) & (e) of the PFUTP Regulations, 2003 by Manpreet Singh Chadha (HUF) as specified in the SCN dated February 28, 2008 does not stand established and the matter is accordingly disposed of.
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, Manpreet 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 13 22/12/04 2000 18.55 BUY 37100 14 22/12/04 2000 18.55 BUY 37100 15 22/12/04 2000 18.55 BUY 37100 16 22/12/04 2000 18.55 BUY 37100 17 22/12/04 2000 18.55 BUY 37100 18 22/12/04 2500 18.55 BUY 46375
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Source: SecMarx — sebi:SD/AO/22/2008. 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.