Options against order of adjudicating officer under sebi act

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

07 September 2011 I just want to know what actions can we take against the Order of Adjudicating Officer under SEBI ACT, 1992 ( in case of order passed against stock broker)

Can we go in consent against the Order of Adjudicating Officer (after levied penalty)

CA Paras Shah
write2paras@yahoo.com

Preety Parik

Preety Parik (Expert)
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07 September 2011 1. Against the adjudication order, either appeal before Securities Appellate Tribunal or can opt for Consent.

2. Yes, Consent can be opted even after the adjudication order.

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Querist : Anonymous

Querist : Anonymous (Querist)

10 September 2011 In case member having institutional business, member has to give clarifications to all institutions regarding penalty levied by adjudicating officer which definitely have an adverse effect on business of the member. So, in such case what remedy a member has against the order of A.O.

Can we have an option to dispose of the case by opting for consent or something??????

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