sebi:WTM/KMA/05/ISD/09/08
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Facts / Headnote
Interim directions dated February 22, 2007 revoked
Provisions invoked
- s. 15
Holding
The interim directions dated February 22, 2007 against the entities stated in para 1.1 are hereby revoked. Adjudicating proceedings against seven named persons shall continue uninfluenced by the interim order, and no further proceedings shall be pursued against three named entities for want of prima facie material.
Full text
Page 2 of 3 1.2 Further, the Depositories were directed not to dematerialize the convertible warrants and shares issued upon conversion and also not to give effect to any stock split, and not to transfer any shares of Atlanta Ltd. lying in the beneficial owner accounts of the aforesaid entities until further orders.
Page 3 of 3 d. Neol Equity Research Private Limited e. Eden Realty Private Limited f. Him Realty Private Limited g. Ellis Equity Advisors Private Limited h. Spot Light Securities Private Limited i. Winstar E-Com Private Limited
1.3 The investigations have since been completed and based on the prima facie findings of the investigation, Adjudicating Proceedings under Section 15-I of the SEBI Act, 1992 were initiated against the following persons vide SEBI order dated September 04, 2008.
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Source: SecMarx — sebi:WTM/KMA/05/ISD/09/08. 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.