Notice No20210604-34Notice Date04 Jun 2021
CategoryComplianceSegmentGeneral
SubjectOrder in the matter of Tips4Market (Proprietor: Shri Mahesh Vaghajibhai Ramani)
Content

To

 

All Trading Members of the Exchange

 

SUB: FINAL ORDER UNDER SECTIONS 11, 11(4), 11B (1) and 11D OF THE SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992. in the matter of Tips4Market (Proprietor: Shri Mahesh Vaghajibhai Ramani).

 

In continuation to the Exchange Notice No. 20201123-41 dated November 23, 2020 on the captioned matter.

 

SEBI vide its order no. WTM/AB/WRO/WRO/12151/2021-22 dated June 04, 2021 has inter-alia the Noticees are debarred from accessing the securities market, directly or indirectly and are prohibited from buying, selling or otherwise dealing in the securities market, directly or indirectly in any manner whatsoever, for a period of 2 (two) years from the date of this order or till the expiry of 2 (two) years from the date of completion of refunds to investors as directed in paragraph 16(i) of the said Order, whichever is later.

          

This Order is effective from the date of the order.

 

A copy of the said Order is attached herewith and available on the SEBI website www.sebi.gov.in.

 

Trading members are advised to take note of the same and ensure compliance.

 

 

Jeevan Noronha                                                                                          Roshani More          

Senior Manager                                                                                           Assistant Manager  

Surveillance                                                                                                  Surveillance

 

Date: June 04, 2021

 

Attachments
Order in the matter of Tips4market Prop Mahesh Vaghajibhai Ramani Unregistered Investment Advisor.pdf