sebi:VSS/AO-10/2009
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Facts / Headnote
Penalty imposed
Provisions invoked
- s. 15
- s. 12(1)
- s. 15H
- s. 15J
Regulations
- Reg. 2
- Reg. 3(a)
- Reg. 3(c)
- Reg. 3(b)
- Reg. 4(2)(a)
- Reg. 4(2)(e)
- Reg. 4(2)(b)
- Reg. 3(d)
Parties
- Northeast Commodities Pvt. Ltd.
Holding
The Noticee violated regulations 3(a), (b), (c), (d) and 4(2)(a), (b) and (e) of PFUTP Regulations and section 12(1) of SEBI Act and rule 3 of Brokers Rules, and is liable for monetary penalty under sections 15HA and 15HB of SEBI Act.
Full text
Page 2 of 18 Sl,No. Name of the Entity Referred to as 1. Techno Shares and Stocks Ltd. TSL 2. Ruchiraj Shares and Stock Brokers Ltd. Ruchiraj
Page 3 of 18 SHOW CAUSE NOTICE, HEARING AND REPLY 6. Show Cause Notice No. EAD-5/VSS/SS/124115/2008 dated April 28, 2008 (hereinafter referred to as “SCN”) was issued to the Noticee under rule 4(1) of the Rules to show cause as to why an inquiry should not be held against the Noticee and penalty be not imposed on the Noticee under section 15HA and 15 HB of SEBI Act for the alleged violation specified in the said SCN.
Page 4 of 18 a) Whether the Noticee had violated regulations 3(a), (b), (c), (d) and 4(2) (a), (b) and (e) and of PFUTP Regulations and section 12(1) of SEBI Act,1992 and rule 3 of Brokers Rules?
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Source: SecMarx — sebi:VSS/AO-10/2009. 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.