IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5 as amended
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SUNIL TULSIANI, TULSIANI INVESTMENTS INC.,
PRIVATE INVESTMENT CLUB INC., and GULFLAND HOLDINGS LLC
WHEREAS on May 27, 2010, the Commission issued a Notice of Hearing and Statement of Allegations in this matter;
AND WHEREAS on June 30, 2010, a hearing was held;
AND WHEREAS all parties were properly served with the Notice of Hearing and Statement of Allegations;
AND WHEREAS counsel appeared for Sunil Tulsiani (“Tulsiani”) and Tulsiani Investments Inc. (“Tulsiani Investments”) and made submissions;
AND WHEREAS the Respondents, Private Investment Club Inc. and Gulfland Holdings LLC, did not appear;
AND UPON RECEIVING submissions from counsel for Staff of the Commission, and upon consent of counsel for Tulsiani and Tulsiani Investments;
AND WHEREAS the Commission is of the opinion that it is in the public interest to make this order;
IT IS ORDERED THAT this matter is adjourned to a confidential pre-hearing conference to be held on August 16, 2010, at 10:00 am.
DATED at Toronto this 30th day of June, 2010.
James E.A. Turner