Jamson Securities Pvt. Ltd.
Penalties and directions recorded
- Both appeals dismissed without order as to costs, AO penalties upheld
SAT-appeal
- Placing huge non-genuine buy orders in illiquid Ruchi Soya scrip far beyond free float/margin, visible briefly then deleted, creating false order-book appearance.Both appeals dismissed without order as to costs, AO penalties upheldAppeal: Appeal No. 628 of 2021 and Appeal No. 629 of 2021 with Misc Application 1134/2021 dismissed on 02.02.2023
- Placing non-genuine buy orders far beyond free float without margin in illiquid Ruchi Soya scrip, visible briefly then deleted, creating false order book under PFUTP Regulations.Both Appeal No. 628 of 2021 and Appeal No. 629 of 2021 dismissed without any order as to costsAppeal: Appeal No. 628 of 2021 and Appeal No. 629 of 2021 with Misc. Application No. 1134 of 2021 dismissed on 02.02.2023 after hearing on 29.08.2022
Source: SecMarx — Jamson Securities Pvt. Ltd.. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (charges, outcomes, appeal chain) is cited to us.