PRESS RELEASE - SEBI

 September 05, 2008
PR No. 167/2008

Consent Order on the application submitted by M/s. Rajesh N. Jhaveri in the matter of Sawaca Communications Ltd.

A Panel consisting of Whole Time Members, Dr. T. C. Nair and Shri M. S. Sahoo, has passed a consent order dated September 04, 2008, on an application submitted by M/s. Rajesh N. Jhaveri, member of Ahmedabad Stock Exchange, in the matter of Sawaca Communications 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) and has also consented to suffer a voluntary suspension of Certificate of Registration for a period of one year towards the terms of consent in the matter. The suspension of Certificate of Registration of M/s. Rajesh N. Jhaveri will be effective from the date of the order.

Mumbai

September 05, 2008

 


For full copy of order against RAJESH N.JHAVERI,M/S, click here.

For full copy of order against RAJESH NANUBHAI JHAVERI, click here.