sebi:WTM/GM/EFD/27A/2019-20
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Facts / Headnote
Corrigendum issued substituting text in para 9.1 and para 11(B) of Final Order dated July 31, 2019
Regulations
- Reg. 10
Parties
- Sanjay Jethalal Soni
- Krupa Sanjay Soni
- JM Soni Consultancy
- Dhiren Dharamdas Agarwal
- Shweta Dhiren Agarwal
- Krunal Gopaldas Rana
- Amul Gagabhai Desai
Holding
The Corrigendum corrects the Final Order dated July 31, 2019 to hold that only Noticee Nos. 1 to 7 violated regulation 10 of the SAST Regulations and to direct that seven named acquirers including Krunal Gopaldas Rana and Amul Gagabhai Desai shall not access the securities market.
Full text
SECURITIES AND EXCHANGE BOARD OF INDIA, MUMBAI CORRIGENDUM CORRIGENDUM TO THE ORDER Ref No: WTM/GM/EFD/27/2019-20 DATED JULY 31, 2019 IN THE MATTER OF PARICHAY INVESTMENTS LTD. (PIL)
1. SEBI had passed a Final Order dated July 31, 2019 bearing reference number WTM/GM/EFD/27/2019-20 (hereinafter referred to as "the SEBI Order") in the matter of Parichay Investments Ltd. In view of certain typographical/ apparent errors, the following corrigendum is being issued which shall be read and treated as part of the Final Order: (i) In the last sentence of para 9.1. of the SEBI Order, the words "I find all the Noticees have violated regulation 10 of the SAST Regulations",
shall stand substituted with the following words and numbers - "I find that Noticee Nos. 1 to 7 have violated regulation 10 of the SAST Regulations ".
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Source: SecMarx — sebi:WTM/GM/EFD/27A/2019-20. 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.