power to transfer an investigation is exercised in extraordinary
situations
31. The petitioners seek the transfer of the investigation from SEBI ... course of conduct by SEBI
inspires confidence that SEBI is conducting a comprehensive investigation.
37. The petitioners have also
Securities and Exchange Board of India on JMD Telefilm Ltd.
28. We are conscious of the fact that the Securities and Exchange Board of
India ... Telefilm Limited received from SEBI u/s 133(6) of the Act. The SEBI
Investigation report neither mentioned
provisions of the Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Markets) Regulations, 1995;
(ii) Whether ... provisions of the Securities and Exchange Board of India Act, 1992 , or the Securities and Exchange Board of India (Stock Brokers and Sub-Brokers) Regulations
shares
have suffered expenses like brokerage, service tax, STT, stamp
duty, exchange and SEBI turnover charges, etc. which are
specifically shown ... LTCG is not
genuine one.
c) Findings of investigation wing: The findings of the
Directorate of Investigation of Mumbai and Kolkata as
discussed above have
securities market and prohibit any person associated with securities market to buy, sell or deal in securities'. But then he submitted that before SEBI ... SEBI Act, the SEBI has power even to retain the proceeds of securities of a transaction under investigation
Prashant Saran, whole time member of the
Securities and Exchange Board of India (SEBI), whereby it has been held in
relation ... ordered by
SEBI under Section 11C of the Securities & Exchange Board of India Act,
1992 (SEBI
information SEBI wrote to Securities Exchange Commission, USA and in January, 2005, SEC, furnished the requisite information to SEBI ... Ombudsman and decision of the Board under Securities and Exchange Board of India (Ombudsman) Regulations, 2003.
30. According to SEBI, UBS should
securities market and buying, selling
or dealing in securities, either directly or indirectly, in any manner by
SEBI, till their final investigation ... restrained from accessing the securities market, either directly or
indirectly in any manner whatsoever, till the final investigation by SEBI is
completed
under Section 11
(of the Securities and Exchange Board of India Act, 1992 , hereafter
called "the SEBI Act ") "reasonable ... Narayanan v. Securities and
Exchange Board of India (2009) 8 MLJ 960. It was submitted that the
argument that investigation report made under Section
Director (Discipline)
while forming prima facie opinion viz. SEBI investigation report, CBI
main charge sheet, two supplementary charge sheets, along with ... petitioner also sought the documents which formed
part of the SEBI investigation report, the main CBI charge sheet and
the two supplementary
