sebi:WTM/MB/ISD/13536/2021-22
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Facts / Headnote
Interim order dated August 12, 2021 confirmed qua the five Noticees with modification to permit dealing in mutual fund units; restraint from securities market continued pending investigation
Provisions invoked
- s. 19
- s. 12
Regulations
- Reg. 3
- Reg. 4(1)
- Reg. 4
- Reg. 2
- Reg. 8
- Reg. 51
- Reg. 2(1)(g)
- Reg. 2(1)(n)(i)
- Reg. 2(1)(n)
- Reg. 3(2)
- Reg. 2(1)(g)(i)
Parties
- Bijal Shah
- Gopal Ritolia
- Jatin Chawla
- Gomati Devi Ritolia
- Daljit Gurucharan Chawla
Holding
The prima facie findings of insider trading and communication of UPSI in ZEEL scrip were confirmed against Bijal Shah, Gopal Ritolia, Jatin Chawla, Gomati Devi Ritolia and Daljit Chawla, and the interim restraints and impounding directions were continued pending investigation subject to permitting mutual fund transactions.
Full text
________________________________________________________________________________________________________________________ Confirmatory Order in the matter of insider trading in shares of Zee Entertainment Enterprises Ltd. Page 1 of 43
________________________________________________________________________________________________________________________ Confirmatory Order in the matter of insider trading in shares of Zee Entertainment Enterprises Ltd. Page 2 of 43
________________________________________________________________________________________________________________________ Confirmatory Order in the matter of insider trading in shares of Zee Entertainment Enterprises Ltd. Page 3 of 43
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Source: SecMarx — sebi:WTM/MB/ISD/13536/2021-22. 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.