PRESS RELEASE - SEBI

 January 21, 2009
PR No. 055/2009

Order against Shri Mahendra A. Shah

in the matter of M/s. Sawaca Communications Ltd.

Dr. T. C. Nair, Whole Time Member, SEBI, has passed an order dated January 13, 2009, in the matter of M/s. Sawaca Communications Ltd. directing that Shri Mahendra A. Shah be prohibited from associating with any corporate body from buying, selling or dealing in securities, directly or indirectly for a period of three years.
 
The order shall come into force with immediate effect.
 

Mumbai

January 21, 2009

 


For full copy of order against MAHENDRA A.SHAH, click here.