SEBI bars Matrix Web

MUMBAI, SEPT. 22. The Securities and Exchange Board of India has barred Krishna Hullatti, proprietor of Bangalore-based Matrix Web, from dealing in the capital market with immediate effect. Mr. Krishna Hullatti, alias Hullatti Krishna B, alias Krishnaraj, has been directed not to buy, sell or deal in securities in any manner and not to accept loans or deposits intended for share markets from the public, a SEBI release said.