sebi:VSS/AO-167/2009
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Facts / Headnote
Disposed of as infructuous
Provisions invoked
- s. 15
- s. 15H
Regulations
- Reg. 3
Parties
- Shakuntala Jain
Holding
The adjudication proceedings against Shakuntala Jain were held to be infructuous and the matter was disposed of as she had expired on December 16, 2006.
Full text
Page 2 of 4 and Thomas Kutty) and (c) brokers (including Mansukhlal Upadhyay (424), Systematix Shares and Stocks (India) Limited (182), Ajmera Associates Pvt. Ltd. (911), Parivar Finance & Investments Ltd. (193), Pilot Credit Capital Ltd. (909), S.P.J. Stock Brokers Private Limited (646) and Shailesh M. Nissar (707) {hereinafter collectively referred to as “Group”} dealt in the scrip of ALL allegedly in violation of the provisions of various regulations made under the Securities and Exchange Board of India Act, 1992 (hereinafter referred to as “SEBI Act”).
Page 3 of 4 SHOW CAUSE NOTICE, HEARING AND REPLY 6. Show Cause Notice No. EAD-5/VSS/JR/119782/2008 dated March 10, 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 of SEBI Act for the alleged violation specified in the said SCN.
Page 4 of 4 10. In view of the above, the adjudication proceedings initiated vide order dated August 6, 2007 are infructuous and the matter is, accordingly, disposed of.
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Source: SecMarx — sebi:VSS/AO-167/2009. 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.