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PRESS RELEASE - SEBI

 March 24, 2009  
PR No. 108/2009

Consent Order on the application submitted by Shri Mahesh M. Shah in the matter of M/s. Genus Commutrade Ltd.

A Panel consisting of Whole Time Members, SEBI, Shri M. S. Sahoo and Dr. K.M. Abraham, has passed a consent order dated March 19, 2009, on an application submitted by Shri Mahesh M. Shah in the matter of M/s. Genus Commutrade 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 years from the date on which this order comes into force.

The order comes into force from March 19, 2009.

 

Mumbai

March 24, 2009  

 


For full copy of order against MAHESH M.SHAH, click here.

 
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