May 23, 2007
PR No. 167/2007
Prohibition on opening of fresh demat accounts by
M/s. Pratik Stock Vision Pvt. Ltd., lifted
Dr. T.C.Nair, Whole Time Member, SEBI, has vide his post hearing order passed on May 22, 2007 in the matter of Initial Public Offering (IPO) Investigations directed that, pending enquiry, the prohibition on opening fresh demat accounts by M/s. Pratik Stock Vision Pvt. Ltd., a Depository Participant, be lifted. The order further states that all issues and contentions are left open to be decided upon completion of enquiry proceedings being conducted by the Enquiry Officer.
This order shall come into force with immediate effect.
Mumbai
May 23, 2007
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