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PRESS RELEASE - SEBI
November 13, 2003
PR No. 274/2003

CANCELLATION OF CERTIFICATE OF REGISTRATION OF 

A STOCK – BROKERS OF INTER CONNECTED STOCK EXCHANGE OF INDIA

The Securities and Exchange Board of India (SEBI) has cancelled the certificate of registration of M/s. VRP Financial Services Pvt. Ltd. (SEBI Regn. No. INB2401121335) erstwhile member of ICSEI with immediate effect:

The aforesaid Stock-Broker was expelled by the Stock Exchange and ceased to be a member of the Exchange, thereby failed to fulfill the pre-requisite condition of registration as Stock-Broker with SEBI.

The registration has been cancelled in terms of Sub-Regulation (5) of Regulation 16 of SEBI (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002.


 

For full copy of order against VRP FINANCIAL SERVICES PVT.LTD., click here.

 
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