December 20, 2013
PR No. 124/2013
Order in the matter of M/s. Alderbrooke Portfolio
Management Services Pvt. Ltd.
Shri S. Raman, Whole Time Member, SEBI has passed an ex-parte order on December
20, 2013 in the matter of M/s. Alderbrooke Portfolio Management Services Pvt.
Ltd.
M/s. Alderbrooke Portfolio Management Services Pvt. Ltd. and its directors, Mr.
Anandkumar Kanubhai Ravat and Mr. Jalpeshkumar Amrutlal Makwana, are restrained
from accessing the securities market and further prohibited from buying, selling
or otherwise dealing in securities, directly or indirectly, or being associated
with the securities market in any manner whatsoever, till further directions.
The aforesaid entities are further directed to
(i) |
cease and desist from acting
as a portfolio manager and not to solicit or undertake such activity or any
other activities in the securities market, directly or indirectly, in any manner
whatsoever ; |
(ii) |
immediately withdraw and remove all advertisements,
representations, literatures, brochures, materials, publications, documents,
websites, etc. in relation to their portfolio management activities or any
activities in the securities market; |
(iii) |
not to divert any funds raised from
investors. |
Mumbai
December 23, 2013
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For full copy of order against ALDERBROOKE PORTFOLIO MANAGEMENT SERVICES PVT.LTD., click here.
For full copy of order against ANANDKUMAR KANUBHAI RAVAT, click here.
For full copy of order against JALPESHKUMAR AMRUTLAL MAKWANA, click here.
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