sebi:WTM/GM/EFD/89/2017-18
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Facts / Headnote
Granted limited interim relief by relaxing para 4.1.i. of the Interim Order to permit the five Noticees to sell/redeem/liquidate securities held as on date, while continuing restraint on buying or otherwise dealing in securities
Provisions invoked
- s. 19
Parties
- Shri Paramjeet Singh Gill
- Shri Sowmiyanarayanan
- Shri S.N. Prasad
- Shri Ainapur S.R.
- Shri P.A. Murali
Holding
SEBI modified the directions in para 4.1.i. of the Interim Order to permit the five named Noticees to sell/redeem/liquidate securities held by them as on date and use proceeds to mitigate financial constraints, while they remain restrained from buying or otherwise dealing in securities.
Full text
___________________________________________________________________________ Order in the matter of United Spirits Limited Page 2 of 3
___________________________________________________________________________ Order in the matter of United Spirits Limited Page 3 of 3
Paramjeet Singh Gill has submitted a representation dated February 06, 2018 requesting SEBI to suspend the directions passed against him vide the Interim Order.
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Source: SecMarx — sebi:WTM/GM/EFD/89/2017-18. 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.