PRESS RELEASE - SEBI

  February 13, 2009
PR No. 085/2009

ORDER IN THE MATTER OF FIRST GLOBAL STOCK BROKING

Shri M S Sahoo, Whole Time Member, SEBI, has passed an order dated February 13, 2009, in the matter of First Global Stock Broking Ltd. restraining Mr. Shankar Sharma from buying, selling or dealing in securities and from associating in securities market in any manner whatsoever for a period of one year. The show cause notice issued to Mrs. Devina Mehra is disposed of without any direction.
In light of the directions of the Hon´┐Żble Bombay High Court, the order shall come into force immediately after four weeks from the date of communication of this order to the noticees.

Mumbai

February 13, 2009

 

For full copy of order against SHANKAR SHARMA & DEVINA MEHRA  click here.