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  • PR - Order in The Matter of Mr. Amit Baburao Ahire, Proprietor - OSAR Capital

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    An interim order was passed by SEBI against Mr. Amit Baburao Ahire, proprietor of OSAR Capital, restraining him from providing investment advisory services until further notice. He was also directed to immediately withdraw all advertisements and materials related to investment advisory activities. The order was passed as Mr. Ahire, a registered investment advisor, had blatantly violated the conditions of his registration by knowingly allowing a SEBI debarred entity, HBJ Capital Services Private Limited, to use his registration to provide investment advisory services in return for money.

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    PR - Order in the matter of Mr. Amit Baburao Ahire, Proprietor- OSAR Capital

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    An interim order was passed by SEBI against Mr. Amit Baburao Ahire, proprietor of OSAR Capital, restraining him from providing investment advisory services until further notice. He was also directed to immediately withdraw all advertisements and materials related to investment advisory activities. The order was passed as Mr. Ahire, a registered investment advisor, had blatantly violated the conditions of his registration by knowingly allowing a SEBI debarred entity, HBJ Capital Services Private Limited, to use his registration to provide investment advisory services in return for money.

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    8 views1 page

    PR - Order in The Matter of Mr. Amit Baburao Ahire, Proprietor - OSAR Capital

    Uploaded by

    Shyam Sunder
    An interim order was passed by SEBI against Mr. Amit Baburao Ahire, proprietor of OSAR Capital, restraining him from providing investment advisory services until further notice. He was also directed to immediately withdraw all advertisements and materials related to investment advisory activities. The order was passed as Mr. Ahire, a registered investment advisor, had blatantly violated the conditions of his registration by knowingly allowing a SEBI debarred entity, HBJ Capital Services Private Limited, to use his registration to provide investment advisory services in return for money.

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    of 1

    PR No.

    65/2016

    Order in the matter of Mr. Amit Baburao Ahire, Proprietor- OSAR Capital

    Shri S Raman, Whole Time Member, Securities and Exchange Board of India (SEBI), has passed an interim
    order dated March 17, 2016 against Mr. Amit Baburao Ahire, Proprietor- OSAR Capital under sections
    11(1), 11B and 11D of SEBI Act, 1992 inter alia restraining him from providing investment advisory services,
    either directly or indirectly, till further directions.
    Further, Mr. Amit Baburao Ahire, Proprietor- OSAR Capital is directed to immediately withdraw and remove
    all advertisements, representations, literatures, brochures, materials, publications, documents, websites, etc.
    in relation to investment advisory activities.
    Mr. Amit Baburao Ahire, a SEBI registered investment adviser, has blatantly violated the conditions subject
    to which he has been granted registration by knowingly and willingly allowing a SEBI debarred entity viz.
    HBJ Capital Services Private Limited to use his SEBI registration, for carrying out investment advisory
    services in return of money.
    The full text of the Order is available on the website: www.sebi.gov.in.

    Mumbai
    March 18, 2016

    page: 1

    [ www.sebi.gov.in ]

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