sebi:VSS/AO-134/2009
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Facts / Headnote
Ex-parte penalty of Rs.5,00,000 imposed on Noticee
Provisions invoked
- s. 15
- 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
- Yogesh S. Ambekar
Holding
The Noticee violated regulations 3(a), (b), (c), (d) and 4(2)(a), (b), (e) of PFUTP and is liable for penalty under section 15HA of SEBI Act, and a penalty of Rs.5,00,000 is imposed.
Full text
Page 2 of 23 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 23 APPOINTMENT OF ADJUDICATING OFFICER 4. Mr. Piyoosh Gupta was appointed as Adjudicating Officer vide order dated April 18, 2007 under section 15 I of SEBI Act read with rule 3 of SEBI (Procedure for Holding Inquiry and Imposing Penalties by Adjudicating Officer) Rules, 1995 (hereinafter referred to as ‘Rules’) to inquire into and adjudge the alleged violations of PFUTP committed by Noticee.
Page 4 of 23 Date of Notice Date of Hearing Address of the Noticee Mode of Delivery Status April 22, 2009 May 13, 2009 318, Adhyaru Industrial Estate, Sunmill Compound, Lower Parel (W), Mumbai-400
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Source: SecMarx — sebi:VSS/AO-134/2009. 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.