Order: In the Matter of VRK Forex & Investments Inc. and Radhakrishna Namburi

Order
Download PDF

IN THE MATTER OF
VRK FOREX & INVESTMENTS INC. and RADHAKRISHNA NAMBURI

Timothy Moseley, Vice-Chair and Chair of the Panel

File No. 2019-40

 February 23, 2022

ORDER

WHEREAS on February 23, 2022, the Ontario Securities Commission held a hearing by videoconference to set a schedule for a sanctions and costs hearing in this proceeding;

ON HEARING the submissions of the representatives for Staff of the Commission and for VRK Forex & Investments Inc. and Radhakrishna Namburi;

IT IS ORDERED THAT:

  1. Staff shall serve and file written evidence, if any, and submissions on sanctions and costs, by 4:30 p.m. on March 16, 2022;
  2. the respondents shall serve and file written evidence, if any, and submissions on sanctions and costs, by 4:30 p.m. on April 6, 2022;
  3. Staff shall serve and file written reply submissions on sanctions and costs, if any, by 4:30 p.m. on April 14, 2022; and
  4. an oral attendance with respect to sanctions and costs is scheduled for April 21, 2022, at 10:00 a.m., by videoconference, or on such other date and time as may be agreed to by the parties and set by the Office of the Secretary.

 

" Timothy Moseley "
Timothy Moseley