M/s. Khandwala Finstock Private Limited
Settlement
- The appellant allegedly allowed M/s. Khandwala Finstock Private Limited to act as its unregistered sub-broker.Consent terms approved. · Appeal disposed of in accordance with the consent terms.Appeal: Appeal No. 3 of 2009 disposed of by SAT on 7 January 2010 pursuant to approved consent terms.
SAT-appeal
- Acting as an unregistered sub-broker of M/s. Active Finstock Pvt. Ltd. on the Bombay Stock Exchange, which was impermissible.Consent terms accepted and appeal disposed of accordingly. · Impugned SEBI order modified.Appeal: Appeal No. 10 of 2009 disposed of on 7 January 2010 in terms of accepted consent terms.
Source: SecMarx — M/s. Khandwala Finstock Private Limited. 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.