sebi:WTM/MB/WRO/WRO/6287/2019-20
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Facts / Headnote
Ad interim ex-parte order restraining the Noticee from investment advisory activities, securities market dealings, and freezing bank/demat accounts pending detailed examination
Provisions invoked
- s. 11
- s. 19
Regulations
- Reg. 6
- Reg. 13
- Reg. 9
- Reg. 15
- Reg. 21
- Reg. 15(1)
- Reg. 35
Parties
- M/s. Money Classic (Proprietor: Mr. Deepak Mishra)
Holding
The Noticee, M/s. Money Classic and its proprietor Mr. Deepak Mishra, prima facie violated Regulation 21 of the IA Regulations read with SEBI Circular CIR/OIAE/2014, Clauses 1 and 8 of the Code of Conduct read with Regulations 15(1) and 15(9) of the IA Regulations, and Regulation 6(f) of the IA Regulations (fit and proper person criteria), and Regulation 13(a) conditions of certificate. An ad interim ex-parte order was issued restraining the Noticee from investment advisory activities, securities market dealings, and freezing bank and demat accounts pending detailed examination.
Full text
__________________________________________________________________________________________________________________ Interim Order in the matter of M/s. Money Classic (Proprietor: Mr. Deepak Mishra) Page 2 of 14
__________________________________________________________________________________________________________________ Interim Order in the matter of M/s. Money Classic (Proprietor: Mr. Deepak Mishra) Page 3 of 14
__________________________________________________________________________________________________________________ Interim Order in the matter of M/s. Money Classic (Proprietor: Mr. Deepak Mishra) Page 4 of 14
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Source: SecMarx — sebi:WTM/MB/WRO/WRO/6287/2019-20. 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.