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PRESS RELEASE - SEBI

 May 04, 2009
PR No. 151/2009

Consent Order on the application submitted by Action Financial Services (India) Limited 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 April 28, 2009, on an application submitted by Action Financial Services (India) Limited 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. 7,00,000/- (Rupees seven lakh only) towards the terms of consent in the matter. 
 
The order shall come into force with immediate effect.

 
Mumbai

May 04, 2009


For full copy of order against ACTION FINANCIAL SERVICES (INDIA) LTD., click here.

 
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