Proceedings

Notice from the
Office of the Secretary
Ontario

Ontario Securities
Commission


20 Queen St. W.
Box 55, Suite 1900
Toronto, ON M5H 3S8
Commission des valeurs mobilières de l'Ontario
FOR IMMEDIATE RELEASE

October 11, 2012


IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, AS AMENDED

- AND -

IN THE MATTER OF MBS GROUP (CANADA) LTD., BALBIR AHLUWALIA AND
MOHINDER AHLUWALIA



TORONTO – The Commission issued an Order in the above named matter which provides that:

  1. Mohinder is severed from this proceeding;
  2. a hearing to consider whether it is in the public interest for the Commission to make certain orders against Mohinder, on the basis of the agreed statement of facts filed with the Commission, will commence on November 29, 2012 at 10:00 a.m. at the offices of the Commission and continue on November 30, 2012; and
  3. the Temporary Order in respect of Mohinder is extended until the Commission releases its decision on sanctions and costs with respect to Mohinder.

A copy of the Order dated October 10, 2012 is available at www.osc.gov.on.ca

 

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

 

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