sebi:WTM/ASB/MIRSD/DOS-3/24259/2022-23
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Facts / Headnote
MCS Limited prohibited from buying, selling or otherwise dealing in securities and from accessing the securities market for 3 years from date of order; proceedings against Mr. Saurabh Rateria, Mr. Ramesh Agarwal, Mr. Aniruddha Mitra and Mr. Parshuram Vishram Bhuwad disposed of.
Provisions invoked
- s. 11B
- s. 19
- s. 27
- s. 84
Regulations
- Reg. 3(a)
- Reg. 6A
Parties
- MCS Limited (Noticee 1)
- Mr. Saurabh Rateria (Noticee 2)
- Mr. Ramesh Agarwal (Noticee 3)
- Mr. Aniruddha Mitra (Noticee 4)
- Mr. Parshuram Vishram Bhuwad (Noticee 5)
Holding
MCS Limited is prohibited from buying, selling or otherwise dealing in securities and from accessing the securities market for 3 years from the date of the order. Proceedings against Mr. Saurabh Rateria, Mr. Ramesh Agarwal, Mr. Aniruddha Mitra and Mr. Parshuram Vishram Bhuwad are disposed of as not substantiated.
Full text
________________________________________________________________________________________________ Order in the matter of MCS Limited Page 2 of 16
________________________________________________________________________________________________ Order in the matter of MCS Limited Page 3 of 16
________________________________________________________________________________________________ Order in the matter of MCS Limited Page 4 of 16
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Source: SecMarx — sebi:WTM/ASB/MIRSD/DOS-3/24259/2022-23. 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.