PRESS RELEASE - SEBI

 September 07, 2009 
PR No. 279/2009

Consent Order on the application submitted by Shri Dhaval V. Shah in the matter of Stocknet International Ltd.

A Panel consisting of Whole Time Members, SEBI, Shri M. S. Sahoo and Dr. K. M. Abraham, has passed a consent order dated September 01, 2009, on the application submitted by Shri Dhaval V. Shah, in the matter of Stocknet International Ltd., in accordance with SEBI Circular dated April 20, 2007 for consent orders. The applicant has remitted a sum of Rs. 25,000/- (Rupees twenty five thousand only) towards the terms of consent in the matter. The applicant has also undertaken not to buy, sell or deal in securities in any manner whatsoever, directly or indirectly, for a period of three months.

The order shall come into force from September 07, 2009.


Mumbai

September 07, 2009

 


For full copy of order against DHAVAL V.SHAH, click here.