July
31, 2008
PR No. 143/2008
Consent order in the matter of M/s. Ballarpur Industries Ltd.
(BILT)
A Panel consisting of Shri C.B.Bhave, Chairman and Dr. T. C. Nair, Whole Time Member has passed consent order dated July 28, 2008, on application submitted by Shri Rajeev Shroff in the matter of M/s. Ballarpur Industries Ltd. alleged to be involved in 'customized front running', in accordance with SEBI Guidelines dated April 20, 2007 for consent orders. The applicant has remitted a sum of Rs.2.00 lacs towards the terms of consent in the matter and has also accepted to voluntarily undergo suspension from his sub-broking business for a period of six months from the date of passing the order.
Mumbai
July 31, 2008
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