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

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

D. Grant Vingoe, Vice-Chair and Chair of the Panel

File No. 2019-40

December 19, 2019

ORDER

(Sections 127 and 127.1 of the Securities Act, RSO 1990, c S.5)

WHEREAS on December 19, 2019, the Ontario Securities Commission held a hearing at 20 Queen Street West, 17th Floor, Toronto, Ontario;

ON HEARING the submissions of the representatives for Staff of the Commission (Staff) and for VRK Forex & Investments Inc. and Radhakrishna Namburi (together, the Respondents);

IT IS ORDERED THAT:

1. the Respondents shall serve and file a motion, if any, regarding Staff’s disclosure of non-privileged relevant documents and things in the possession or control of Staff or seeking disclosure of additional documents by no later than March 15, 2020;
2. Staff shall file and serve a witness list, and serve a summary of each witness’ anticipated evidence on the Respondents, and indicate any intention to call an expert witness, including the expert’s name and the issues on which the expert will give evidence, by no later than March 15, 2020; and
3. a further attendance in this proceeding is schedule for March 26, 2020 at 10:00 a.m., or on such other date and time as may be agreed to by the parties and set by the Office of the Secretary.