PRESS RELEASE - SEBI

  December 23, 2008
PR No. 326/2008

Consent Order against Shri Santosh Gayakwad in the matter of
Genus Commutrade Limited

A Panel consisting of Whole Time Members, SEBI, Shri M.S. Sahoo and Dr. K. M. Abraham, has passed consent order dated December 22, 2008, on an application submitted by Shri Santosh Gayakwad in the matter of Genus Commutrade Limited, 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 and also undertaken that he shall not buy, sell or deal in securities in any manner whatsoever, directly or indirectly, for a period of three years.

The order shall come into force with immediate effect.

Mumbai

December 23, 2008

 


For full copy of order against SANTOSH P.GAYAKWAD, click here.