sebi:WTM/KMA/NRO/IVD/244/03/2010
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Facts / Headnote
Show cause notice dated October 27, 2004 disposed without any directions
Provisions invoked
- s. 11B
Regulations
- Reg. 11
- Reg. 4(a)
Parties
- Ankur Commercial Limited
- Mr. Arvind Kumar Kabra
- Mr. Ajay Kumar Kabra
- Mrs. Rukmani Devi Maheshwari
Holding
The show cause notice dated October 27, 2004 issued to Ankur Commercial Limited and its promoter directors Mr. Arvind Kumar Kabra, Mr. Ajay Kumar Kabra and Mrs. Rukmani Devi Maheshwari was disposed without any directions, giving them the benefit of doubt on the alleged violation of Regulation 4(a) & (b) of the PFUTP Regulations.
Full text
Page 2 of 4 restrained from accessing the securities market and prohibit them from dealing in the securities market for an appropriate period. For the sake of convenience, the aforesaid persons shall be collectively referred to as the noticees and individually by their respective names. Subsequently, the Company filed a reply dated November 5, 2004. Thereafter, an opportunity for hearing was provided on December 12, 2008 and also on June 24, 2009. However, none of the noticees appeared on the said dates. In the totality of the facts and circumstances of the case, I do not consider it necessary to provide a further opportunity to the noticees and the present proceeding is being considered on the basis of the show cause notice issued to the noticees, the reply of the Company dated November 5, 2004 and other material available on record.
Page 3 of 4 of VHPL) was the same as that Mrs. Sunita Kabra (Director of VHPL) in the records of DSE, wherein she had signed as a Director of VHPL.
Page 4 of 4 October 27, 2004 issued to Ankur Commercial Limited and its promoter directors namely Mr. Arvind Kumar Kabra, Mr. Ajay Kumar Kabra and Mrs. Rukmani Devi Maheshwari, without any directions.
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Source: SecMarx — sebi:WTM/KMA/NRO/IVD/244/03/2010. 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.