June 03, 2009 PR No. 175/2009
Consent Order on the application of M/s. Pawankumar Parmeshwarlal in the matter of M/s. V. B. Desai Financial Services Ltd.
A Panel consisting of Whole Time Members, SEBI, Shri M. S. Sahoo and Dr. K. M. Abraham, has passed a consent order dated May 29, 2009, on an application submitted by M/s. Pawankumar Parmeshwarlal, in the matter of M/s. V. B. Desai Financial Services Ltd., in accordance with SEBI Circular dated April 20, 2007 for consent orders.
The applicant has remitted a sum of Rs. 10,00,000/- (Rupees ten lakh only) towards the terms of consent in the matter.
Mumbai
June 03, 2009
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