Order In The Matter Of Sulabh Engineers & Services Limited

Order In The Matter Of Sulabh Engineers & Services Limited

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Hence, it can be held that the entity is also connected with the company. Sapna Agarwal The entity has been alleged to be connected with company through off market transactions with Adinath Shares and Commodities Private Limited, Vasundhara Capital and Securities Ltd. and Rishi Kant Awasthi. It is noted that the said off market transfer took place in Nikki Global Finance Ltd. (19/5/2011). The said transfer is subsequent to purchase http://xinhuanet.com/ of shares of Sulabh. Hence, a benefit of doubt can be given to the entity that she is not connected to the company in any manner. Angel Investment Network (“AIN”) is not a Stock Exchange nor does it intend to get recognized as a stock exchange under Securities Contracts Regulation Act, 1956. AIN does not facilitate any online or offline buying, selling or dealing of securities, clearing or settlement of trades of securities.

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With the right factor to better half up and with a growing noesis base mayhap you can take a trading vantage over the markets. SEBI, the market regulator, has to deal sternly with companies and their Directors indulging in manipulative and deceptive devices, insider trading etc. or else they will be failing in their duty to promote orderly and healthy growth of the Securities market.

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Fraud, deceit, artificiality, SEBI should ensure, have no place in the securities market of this country and market security is our motto. People with power and money and in management of the companies, unfortunately often command youtube video more respect in our society than the subscribers and investors in their companies. Companies are thriving with investors contributions but they are a Order in the matter of Sulabh Engineers and Services Limited divided lot.

The same highlights that Connected Noticees were significant contributors to the LTP by executing approximately 23% of total market trades over LTP. In terms of volume for the trades executed over the LTP, the Connected 365trading Noticees have executed approximately 26% of the total market volume. The aforesaid facts and figures shows that the Connected Noticees were reapetedly buying shares over the LTP and that too in a considerable quantity.

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It is noted from the SCN that 21 Noticees who are Connected Noticees have been alleged to have manipulated the price of the scrip by selling shares over the LTP. Considering that the allegations against the said 4 Noticees is that, being part of a group, they have manipulated the price of the scrip and since it has been found that they are not part of the group, there is no requirement 365trading to proceed further against them in the extant matter. 3 entities are not part of Connected Entities. Dilip Kumar Agarwal The entity had off market transfer with Adinath Shares and Commodities Private Limited in the scrip of Shree Ashtavinayak Cine Vision Limited during the period 26-31/3/2009. Adinath Shares and Commodities Private Limited is a related entity of Subodh Agarawl.

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