sebi:WTM/PS/20/IVD/ID-1/AUG/2011

SEBI · SEBI · 2006-07-25 · Prashant Saran, Whole Time Member

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Facts / Headnote

Directions revoked with immediate effect

Provisions invoked

Parties

Holding

SEBI revoked with immediate effect the directions issued vide orders dated November 29, 2005 and July 25, 2006 against eight named trading clients.

Full text

Page 2 of 2 to buy, sell or deal in securities of Karuna, directly or indirectly, till further directions in this regard.

3. The interim order also afforded an opportunity to these entities/ persons, to whom the directions were issued, to file their objections, if any, in respect of the order, within 15 days from the date of the order and, if they so desire, avail themselves of an opportunity of personal hearing. Pursuant to their filing of replies and availing of the opportunities for hearing, SEBI confirmed the ad

interim ex-parte directions vide an order dated July 25, 2006, against all the persons/ entities named in the Order dated November 29, 2005.

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Source: SecMarx — sebi:WTM/PS/20/IVD/ID-1/AUG/2011. 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.