sebi:WTM/AB/MIRSD/MIRSD1/21621/2022-23
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Application for registration rejected; Noticee debarred from making a fresh application for registration for 6 months from date of order or till acquittal by courts pursuant to charge sheet and FIR filed by/with EOW, whichever is earlier
Provisions invoked
- s. 19
- s. 11(4)
- s. 11B
- s. 27
- s. 12(3)
- s. 154
Regulations
- Reg. 7
- Reg. 27
- Reg. 5(e)
- Reg. 25(3)
- Reg. 23(b)
Parties
- India Infoline Commodities Ltd.
Holding
SEBI rejected the registration application of India Infoline Commodities Ltd. and debarred it from making a fresh application for registration for a period of 6 months from the date of the order or till acquittal by courts pursuant to the charge sheet and FIR filed by/with EOW, whichever is earlier, holding that the Noticee did not satisfy the 'fit and proper person' criteria under Schedule II of the Intermediaries Regulations.
Full text
_______________________________________________________________________________________ Order in the matter of India Infoline Commodities Ltd.
_______________________________________________________________________________________ Order in the matter of India Infoline Commodities Ltd.
_______________________________________________________________________________________ Order in the matter of India Infoline Commodities Ltd.
You have read the preview. Create a free account to read the full order, track this party, and analyse it in Ontology.
Free accounts include 10 searches/day with full order access.
Source: SecMarx — sebi:WTM/AB/MIRSD/MIRSD1/21621/2022-23. 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.