PRESS RELEASE - SEBI

  June 23, 2009
PR No. 198/2009

Consent Order in the case of Rajesh Jhaveri Stock Brokers Pvt. Ltd.

in the matter of Monalisa Infotech Ltd.

A Panel consisting of Whole Time Members, SEBI, Shri M. S. Sahoo and Dr. K. M. Abraham has passed consent order dated June 15, 2009 on an application submitted by Rajesh Jhaveri Stock Brokers Pvt. Ltd. in the matter of Monalisa Infotech Ltd. in accordance with SEBI Circular dated April 20, 2007 for consent orders. The applicant has remitted a sum of Rs. 1,00,000/- (Rupees one lakh only) towards settlement charges. The applicant has also undertaken not to undertake broking activity as a Trading Member of Ahmedabad Stock Exchange Ltd. for a period of one month. 
 
The order has come into force with immediate effect.

Mumbai

June 23, 2009

 


For full copy of order against RAJESH JHAVERI STOCK BROKERS PVT.LTD., click here.