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SEBI Confirms Ban Order against CNBC Awaaz Ex-Co-host Hemant Ghai, His Wife and Mother
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Fraudulent trading: SEBI confirms earlier ban order against former CNBC Awaaz show host
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Market regulator Securities and Exchange Board of India (SEBI) on Wednesday passed an interim
ex-parte order banning Hemant Ghai of CNBC Awaaz and two of his family members from recommending stocks. The order comes in the matter of CNBC Awaaz “Stock 20-20” show co-hosted by Hemant Ghai. Incidentally the judgement came just when the channel is celebrating its 16th anniversary.
Hemant Ghai, Jaya Hemant Ghai (his wife) and Shyam Mohini Ghai (his mother) are restrained from buying, selling or dealing in securities, either directly or indirectly, in any manner whatsoever till further directions. The bank accounts of the entities to the extent of the amount mentioned in the table at Paragraph 53 is impounded. The bank accounts of Mr Ghai, Jaya Ghai and Shyam Mohini Ghai are frozen for debit till further directions/ communications, the order says.