Adjudication order in respect of 9 entities in the matter of violation of PFUTP Regulations in the scrip of Sterling Greenwoods Limited


Quick Summary
The Securities and Exchange Board of India (SEBI) has issued an adjudication order against nine entities for violating the Prohibition of Fraudulent and Unfair Trade Practices (PFUTP) Regulations. These violations occurred in the trading of Sterling Greenwoods Limited's shares between April 1, 2009, and July 24, 2009. The investigation revealed unusual trading patterns and price manipulation during this period.

Court :
SEBI

Brief :
UNDER SECTION 15-I OF SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992 READ WITH RULE 5 OF SEBI (PROCEDURE FOR HOLDING INQUIRY AND IMPOSING PENALTIES BY ADJUDICATING OFFICER) RULES, 1995

Citation :
[ADJUDICATION ORDER NO.Order/GR/KG/2020-21/9381-9389]

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1 Year PLAN
1999
(Excl. of GST ₹359)

BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)

3 Months PLAN
999
(Excl. of GST ₹179)

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