December
10, 2008
PR No. 296/2008
Consent Order against M/s. Sovereign Securities Private Limited,
Member, BSE
A Panel consisting of Whole Time Members, SEBI, Dr. T. C. Nair and Shri M. S. Sahoo has passed a consent order dated November 28, 2008 on the application submitted by M/s. Sovereign Securities Private Limited, in the matter of enquiry proceedings pending before SEBI against it for the violations observed during inspection of its books of accounts and other records for the period April 01, 2000 to August 06, 2002, in accordance with SEBI Circular dated April 20, 2007 for consent order. The applicant has remitted a sum of Rs. 4,00,000/- (Rupees four lakh only) towards the settlement charges and a sum of Rs. 25,000/- (Rupees twenty five thousand only) towards administrative charges, in the matter.
The order shall come into force with immediate effect.
Mumbai
December 10, 2008
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