March 26, 2009
PR No. 112/2009
Consent Order on the application submitted by Ms. Riddhi K. Shah in the matter of Database Finance Limited
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 Ms. Riddhi K. Shah in the matter of Database Finance Limited, in accordance with SEBI Circular dated April 20, 2007 for consent orders. The applicant has remitted a sum of Rs. 50,000/- (Rupees fifty thousand only) towards the terms of consent in the matter. The applicant has also undertaken not to buy, sell or deal in securities for a period of six months and accordingly, all recognized stock exchanges and depositories have been directed to ensure that the applicant does not buy, sell or deal in securities, directly or indirectly, for a period of six months.
Mumbai
March 26, 2009
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