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PRESS RELEASE - SEBI

      March 24, 2009  
PR No.107/2009

Consent Order on the application submitted by Shri Samir N. Shah in the matter of Database Finance Limited

A Panel consisting of Whole Time Members, SEBI, Shri M. S. Sahoo and Dr. K.M. Abraham, has passed a consent order dated March 19, 2009, on an application submitted by Shri Samir N. Shah in the matter of Database Finance Limited, in accordance with SEBI Circular dated April 20, 2007 for consent orders. The applicant has remitted a sum of Rs. 50,000/- (Rupees fifty thousand only) towards the terms of consent in the matter and has undertaken not to buy, sell or deal in securities for a period of six months from the date of the order. The order comes into force with immediate effect.

The order comes into force from March 19, 2009.

 

Mumbai

March 24, 2009

 


For full copy of order against SAMIR N.SHAH, click here.

 
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