sebi:WTM/SM/IVD/ID15/23093/2022-23
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Facts / Headnote
Revocation of interim and confirmatory restraint directions against Mr. Mukesh Parekh and Ms. Archana Mukesh Parekh; SCN disposed of qua them; disgorgement amount of INR 69,61,434/- directed to be transferred from escrow account to Investor Protection and Education Fund.
Provisions invoked
- s. 19
- s. 15H
- s. 27(1)
Regulations
- Reg. 3(a)
- Reg. 9(5)
Parties
- Mr. Mukesh Parekh
- Ms. Archana Mukesh Parekh
Holding
The WTM revoked the restraint directions issued vide the Interim Order and Confirmatory Order against Mr. Mukesh Parekh and Ms. Archana Mukesh Parekh with immediate effect, and disposed of the SCN qua them in view of the Settlement Order dated December 26, 2022. The disgorgement amount of INR 69,61,434/- along with accrued interest was directed to be transferred from the escrow account to the Investor Protection and Education Fund.
Full text
__________________________________________________________________________ Order in the matter of Front Running Trading activity of Dealers of Reliance Securities Ltd. and other connected entities
__________________________________________________________________________ Order in the matter of Front Running Trading activity of Dealers of Reliance Securities Ltd. and other connected entities
__________________________________________________________________________ Order in the matter of Front Running Trading activity of Dealers of Reliance Securities Ltd. and other connected entities
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Source: SecMarx — sebi:WTM/SM/IVD/ID15/23093/2022-23. 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.