To
All Trading Members of the Exchange
Sub: SAT Order in respect of Mentha Oil Contracts at Multi Commodity Exchange of India with respect to certain entities.
Attention of the trading members is invited to the Exchange Notice No. 20190301-1 dated March 01, 2019, where in SEBI vide its Order no. WTM/SKM//ISD/10/2018-19 dated February 28, 2019 had inter-alia restrained certain entities/ Noticees from buying, selling or dealing in the securities market, either directly or indirectly, or being associated with securities market, in any manner whatsoever, till further directions.
The Hon’ble Securities Appellate Tribunal (SAT) now, vide its Order dated March 12, 2019, has stated that the impugned order cannot be sustained and is quashed in so far as it relates to the appellants mentioned below.
|
Name of the Entity
|
PAN
|
|
North End Foods Marketing Pvt. Ltd. (“NEFM)
|
AABCN9927F
|
|
Sandeep Sabharwal
|
AABPS4647J
|
|
Neetu Gupta
|
AJOPG5806B
|
|
Yash Gupta
|
BTKPG6004J
|
|
Abhishek Agarwal
|
AIDPA1545K
|
|
Neeru Gupta
|
ADTPG9314M
|
|
Rapid Credit & Holdings Pvt. Ltd. (“Rapid”)
|
AAACR0021K
|
|
R. K. Commodities Services Pvt. Ltd. (“RCS”)
|
AADCR3305H
|
|
Rajendra Kumar Gupta
|
ADTPG0459K
|
|
Navdeep Varshneya
|
ADFPV9839A
|
|
Sundeep Chadha
|
AAHPC9809N
|
This Order shall come into force with immediate effect.
A copy of the said SAT Order is attached herewith and also available on the SEBI website www.sebi.gov.in.
Trading members are advised to take note of the same and ensure compliance.
Shaila Valsan Avijit Sarkar
Manager Assistant Manager
Surveillance Surveillance
Date: March 12, 2019
|