November
30, 2016
PR No. 162/2016
Order in the matter of Operator Tips Global and Saanjh Advisory (OPC) Private Limited
Shri S Raman, Whole Time Member, Securities and Exchange Board of India (SEBI), has passed an Interim order
cum show cause notice dated November 28, 2016 in the matter of M/s. Operator Tips Global and its proprietor,
Mr. Mrinal Chadha and M/s Saanjh Advisory (OPC) Private Limited and its Director, Mr. Mrinal Chadha.
The entities have been directed to cease and desist from acting as an investment advisor, not to solicit or undertake
such activities or any other unregistered activities in the securities market, directly or indirectly, in any matter
whatsoever and not to float any new companies/ proprietorship firms/ entities to solicit or undertake unregistered
investment advisory activities or any other unregistered activities in the securities market. Further, they have
been directed not to divert any funds raised from investors, kept in bank account(s) and/or in their custody.
They have further been directed to immediately withdraw and remove all advertisements, representations,
literatures, brochures, materials, publications, documents, websites, etc. in relation to their investment advisory and
research analyst activity or any unregistered activity in the securities market.
M/s. Operator Tips Global and M/s Saanjh Advisory (OPC) Private Limited and their proprietor/director, Mr. Mrinal
Chadha, were providing investment advisory services without obtaining registration from SEBI which is in
violation of the provisions of SEBI (Investment Advisers) Regulations, 2013.
Mumbai
November 30, 2016
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For full copy of order against MRINAL CHADHA, click here.
For full copy of order against OPERATOR TIPS GLOBAL, click here.
For full copy of order against SAANJH ADVISORY (OPC) PVT.LTD., click here.
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