sebi:WTM/MPB/IMD-DoF-1/WRO/8963/2020
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Facts / Headnote
Interim ex-parte directions issued restraining Yash Chawla from acting as an investment adviser, freezing bank account and assets, and directing removal of advertisements; order also treated as show cause notice.
Provisions invoked
- s. 11
- s. 19
- s. 12(1)
- s. 12A
Regulations
- Reg. 3
- Reg. 2(1)(c)
- Reg. 4(1)
- Reg. 2
- Reg. 3(1)
- Reg. 2(m)
- Reg. 2(l)
Parties
- Yash Chawla, Proprietor of Khelo MCX Research Services
Holding
Yash Chawla, Proprietor of Khelo MCX Research Services, prima facie held himself out and acted as an investment adviser without registration in violation of Section 12(1) of the SEBI Act read with Regulation 3(1) of the IA Regulations, and engaged in fraudulent/misleading conduct in violation of Section 12A(a),(b),(c) of the SEBI Act and Regulations 3(a)-(d) and 4(1), 4(2)(k) of the PFUTP Regulations. Interim ex-parte directions were issued restraining further advisory activity, freezing the bank account and assets pending enquiry.
Full text
__________________________________________________________________________________________________________________ Interim Order in respect of Yash Chawla, Proprietor of Khelo MCX Research Services Page 2 of 21 the print out of the web pages of the firm’s website are taken and have been placed on record.
__________________________________________________________________________________________________________________ Interim Order in respect of Yash Chawla, Proprietor of Khelo MCX Research Services Page 3 of 21 CONSIDERATION & PRIMA FACIE FINDINGS
__________________________________________________________________________________________________________________ Interim Order in respect of Yash Chawla, Proprietor of Khelo MCX Research Services Page 4 of 21 - Earn 5-10% Profit Every Week - Earn 100% Profit in 3 Months with 85-90% High Accurate Market Research www.bazaartrading.in At Bazaartrading, we offer a comprehensive range of services and advisory to give you all you need to know about commodity investments and trading.
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Source: SecMarx — sebi:WTM/MPB/IMD-DoF-1/WRO/8963/2020. 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.