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Securities and Exchange Board of India
 
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 SECURITIES AND EXCHANGE BOARD OF INDIA
Period covered
  
From To/Uptil
Bankers
  01/01/1997  01/09/2010
 
  Actions by SEBI
 
 
   

Advised to be careful and cautious in conduct of business as a banker to an issue

 
 
   

Cancelled registration as banker to issue

 
 
   

Censured/warned & directed to be diligent in complying with SEBI regulations

 
 
   

Debarred from carrying activities as bankers to issues

 
 
   

Directed to act with due skill, care & diligence while acting as banker to issue

 
 
   

Directed to refund money collected in public issue

 
 
   

Imposed penalty

 
 
   

Restrained from undertaking any fresh assignment as a banker to an issue

 
 
   

Suspended registration as banker to issue

 
 
   

Warned/directed to be more careful while dealing with securities market

 
 
  Reasons for Action
 
 
   

Allowed wrong utilization of issue proceeds

 
 
   

Certificate of registration expired/surrendered/ceased/suspended

 
 
   

Failed to exercise due skill and diligence

 
 
   

Manipulated market and/or indulged in unfair trade practices

 
 
   

Violated SEBI (banker to an issue) rules and regulations, 1994

 
 
   

Violated SEBI (prohibition of insider trading) REGULATIONS,1992

 
 
   

Violated SEBI public issue guidelines

 
 
   

Violated SEBI rights issue guidelines

 
 
   

Violated SEBI takeover code,1997

 
CDSL Depository Participants
  01/01/1997  01/09/2010
 
  Actions by SEBI
 
 
   

Cancelled registration as depository participant

 
 
   

Debarred / restrained from associating with / accessing capital market / intermediaries

 
 
   

Debarred from acting as depository participant

 
 
   

Debarred/restrained from buying/selling/dealing/ipos in securities/specified scrips directly/indirectly

 
 
   

Directed bse,nse,otcei and their clearing houses not to release funds or securities

 
 
   

Directed bse,nse,otcei and their clearing houses to secure all assets including realization of bank guarentees

 
 
   

Directed cdsl to comply with all statutory duties and requirements in conduct of its activities in securities market

 
 
   

Directed cdsl to conduct inspection

 
 
   

Directed depositories not to give effect to any transfer of shares

 
 
   

Directed not to act as depository participant

 
 
   

Directed not to buy, sell or deal in the securities market including IPOs directly or indirectly on proprietory basis

 
 
   

Directed not to open fresh demat accounts

 
 
   

Directed to conduct secretarial audit to identify actual shareholders and reconcile their records

 
 
   

Directed to credit 100 shares of itc ltd.alongwith further benefits if any, that would have accrued to applicant from date of transfer till compensated by depository participant and file compliance report with SEBI

 
 
   

Directed to refund account closure charges

 
 
   

Directed to remove pinnacle shares registry pvt.ltd. as registrar and transfer agent and appoint another registrar and transfer agent within six months

 
 
   

Imposed penalty

 
 
   

Reached settlement (consent order)

 
 
   

Referred matter to reserve bank of india for further action

 
 
   

Rejected application for renewal of registration as depository participant

 
 
   

Warned/directed to be more careful while dealing with securities market

 
 
  Reasons for Action
 
 
   

Certificate of registration expired/surrendered/ceased/suspended

 
 
   

Committed irregularities in maintenance of client registration/database

 
 
   

Defaulted/failed to collect margins/bmc from clients/sub-brokers

 
 
   

Delayed/failed to deliver/transfer securities

 
 
   

Delayed/failed to make payment to clients

 
 
   

Failed to exercise due skill and diligence

 
 
   

Failed to maintain proper books of accounts/records

 
 
   

Failed to redress investor/creditors complaints

 
 
   

Indulged in unauthorised carry forward transactions

 
 
   

Manipulated IPOs of various companies

 
 
   

Manipulated market and/or indulged in unfair trade practices

 
 
   

Misused/defaulted in maintaining client accounts

 
 
   

Not a fit and proper person

 
 
   

Not complied with norms, rules, byelaws and regulations of SEBI/stock exchange

 
 
   

Provided wrong/incomplete information to SEBI/did not co-operate with SEBI in investigations

 
 
   

Unilaterally levied account closure charges

 
 
   

Violated code of conduct

 
 
   

Violated SEBI (depositories and participants) act, 1996

 
 
   

Violated SEBI (stock brokers & sub brokers) REGULATIONS,1992

 
 
   

Violated SEBI depositories act, 1996

 
 
   

Violated SEBI public issue guidelines

 
 
   

Violated SEBI regulation regarding dematerialisation/depository participants

 
 
   

Violated SEBI takeover code,1997

 
 
   

Violation of cdsl byelaws /communique/ operating instructions

 
 
   

Violations specified in earlier SEBI orders/circulars

 
Collective Investment Schemes
  01/01/1997  01/09/2010
 
  Actions by SEBI
 
 
   

Advised to refund money to the investors

 
 
   

Debarred/restrained from associating with/accessing capital market/intermediaries

 
 
   

Debarred/restrained from buying/selling/dealing in securities/specified scrips directly/indirectly

 
 
   

Directed not to collect any money from the investors

 
 
   

Directed not to launch any new scheme(s)

 
 
   

Directed to refund money to the investors

 
 
   

Directed to submit auditors' certificate confirming non collection of any monies under CIS

 
 
   

Directed to wind up CIS and refund money to the investors

 
 
   

Launched prosecution against the entity and its directors u/s 24 and 27 of the SEBI act

 
 
   

No action

 
 
   

Official liquidator/administrator appointed subsequent to the initiation of action by SEBI

 
 
   

Referred to police authorities to file FIR

 
 
   

Referred to state governments for filing of civil/criminal proceedings for fraud, cheating, criminal breach of trust and mis-appropriation of public funds

 
 
   

Rejected application for registration of CIS

 
 
   

Requested DCA to initiate winding up of entity

 
 
   

Restrained from issuing any offer document, advertisement or brochure soliciting money from investors or raise money from investors by way of new and/or additional subscription for any product (including ulips) having investment component in nature of mutual funds, till they obtain requisite certificate of registration from SEBI

 
 
   

Sentenced to pay fine of Rs.5000 by the court

 
 
  Reasons for Action
 
 
   

Alleged unlawful mobilisation of funds under CIS

 
 
   

Did not wind up to repay investors as per regulations

 
 
   

Entity claimed it did not collect any money under CIS

 
 
   

Failed to comply with conditions of provisional registration

 
 
   

Failed to comply with the provision regulation of SEBI

 
 
   

Failed to refund money collected under CIS

 
 
   

Launched unit linked insurance products (ulips) without obtaining requisite certificate of registration from SEBI

 
 
   

Not applied for registration of CIS

 
 
   

Part repayment to the investors reported by the entity

 
 
   

Provisional registration for CIS expired

 
Companies
  01/01/1997  01/09/2010
 
  Actions by SEBI
 
 
   

Bombay stock exchange & national stock exchange directed/ordered to hold the profit and gains in a separate escrow account

 
 
   

Cease and desist from indulging in futures & options contracts

 
 
   

Censured/warned & directed to be diligent in complying with SEBI regulations

 
 
   

Debarred / restrained from associating with / accessing capital market / intermediaries

 
 
   

Debarred from acting as un-registered portfolio manager

 
 
   

Debarred from operating in the securities market for a period of five years

 
 
   

Debarred from publishing advertisements luring investors to invest in securities market

 
 
   

Debarred/restrained from buying/selling/dealing/ipos in securities/specified scrips directly/indirectly

 
 
   

Directed acquirer to make payment in cash to shareholders

 
 
   

Directed acquirer to make public offer

 
 
   

Directed acquirer to pay interest for loss caused to shareholders

 
 
   

Directed amounts deposited in escrow account and shares retained in demat account be not withdrawn without prior permission of SEBI

 
 
   

Directed applicant to do inspection of the relevant documents,if they wish so and submit replies to show cause notice

 
 
   

Directed bse and nse to permit members to square off their existing open positions if any, in f&o segment and ensure that no fresh positions are created

 
 
   

Directed bse to examine dealings of chimanlal maneklal securites pvt.ltd in scrip of cals refineries ltd.

 
 
   

Directed bse to facilitate valuation of shares to be purchased and compulsorily delist parsoli corp.ltd., if public shareholding reduces below minimum level

 
 
   

Directed bse to impound the auction and close out proceeds

 
 
   

Directed bse, nse, nsdl and cdsl to ensure that directions issued vide order are strictly enforce

 
 
   

Directed company to adopt standard accounting practices

 
 
   

Directed depositories not to dematerialize convertible warrants and shares issued upon conversion and not to give effect to stock split

 
 
   

Directed depositories not to give effect to any transfer of shares

 
 
   

Directed depositories not to give effect to any transfer of shares of promoters/persons acting in concert/directors/clients in default

 
 
   

Directed depositories to keep a watch and report suspicious activities to SEBI

 
 
   

Directed dsq biotech ltd.to keep 80,30,000 shares of the co.in separate demat account and take steps to extiguish/ cancel them

 
 
   

Directed income tax department to take necessary actions in matter of pyramid saimira theatre ltd.

 
 
   

Directed issuer and lead merchant banker to ensure all disclosures as per Companies Act, dip guidelines and as per observations/changes suggested by SEBI

 
 
   

Directed not to be associated with any FII or sub-account or any registered entity of SEBI

 
 
   

Directed not to buy, sell of deal directly or indirectly in any initial public offering

 
 
   

Directed not to buy, sell or deal in securities directly or indirectly on IPOs listing dates

 
 
   

Directed not to divest,transfer,sell or alienate the shareholding in gammon infrastructures projects ltd.for a period of 3 years

 
 
   

Directed not to engage in the activity of borrowing and lending of securities without obtaining registration from SEBI

 
 
   

Directed not to hold position of director in board of any listed company

 
 
   

Directed not to issue any equity shares or any instrument convertible into equity shares or alter its capital structure in any manner

 
 
   

Directed not to issue further shares or alter its share capital in any manner

 
 
   

Directed not to proceed with open offer formalities pursuant to public announcement

 
 
   

Directed not to proceed with the public issue

 
 
   

Directed not to reissue forfeited shares or bonus shares

 
 
   

Directed not to trade or transfer shares of gccl infrastructure & projects ltd.

 
 
   

Directed not to utilize services of nilesh kapadia for trading activities and institute an internal enquiry to be conducted by trustees of hdfc mutual fund

 
 
   

Directed nsdl and cdsl to freeze beneficial owner accounts of persons/entities

 
 
   

Directed promoters to buy back shares from allottees/shareholders

 
 
   

Directed promoters to give option to allottees/shareholders to exit the company

 
 
   

Directed pyramid saimira theatre ltd. to include order dated 10/11/2009 in agenda of its next annual general meeting

 
 
   

Directed registrar & transfer agent not to give effect transfer of shares

 
 
   

Directed stock exchanges not to approve listing of convertible warrants and shares issued on conversion

 
 
   

Directed that equity shares acquired by promoter would be eligible for computation of promoter's contribution

 
 
   

Directed that promoters quota i.e. 20% of the capital shall be locked in for a period of 5 years from the date of allotment

 
 
   

Directed to abide strictly by stipulations on advertisements by mutual funds, issued by SEBI

 
 
   

Directed to buy 1.30 crore shares of dsq software ltd. and retain it in separate demat account

 
 
   

Directed to cease & desist from dealing in shares by heavy purchases on IPOs listings to artificially create demand

 
 
   

Directed to cease and desist from giving misleading recommendations in any public accessible media

 
 
   

Directed to change composition of board of trustees

 
 
   

Directed to compensate unit trust of india to the extent of Rs.3.04 crores

 
 
   

Directed to complete pending dematerialisation requests

 
 
   

Directed to conduct internal enquiry and initiate appropriate action and submit action report

 
 
   

Directed to conduct secretarial audit to identify actual shareholders and reconcile their records

 
 
   

Directed to dematerialize shares immediately

 
 
   

Directed to deposit a sum of Rs.630 crore in separate escrow account

 
 
   

Directed to deposit estimated losses identified so far to trustees of hdfc mutual fund jointly

 
 
   

Directed to deposit money with investor protection fund to compensate investors

 
 
   

Directed to deposit proceeds of transaction in an escrow account

 
 
   

Directed to deposit profits with nse

 
 
   

Directed to deposit Rs.122.19 crore in escrow account for purchase of 80,30,000 shares of dsq biotech ltd.

 
 
   

Directed to deposit Rs.25,000 in investor protection fund

 
 
   

Directed to desist from entering into matched transactions

 
 
   

Directed to disgorge unlawful gains alongwith interest @12% for one year within 45 days from date of order

 
 
   

Directed to ensure timely compliance of listing requirements/other filing requirements provided under any other law in force

 
 
   

Directed to exercise due diligence in supervising employees to above end

 
 
   

Directed to freeze demat account of a specified scrip

 
 
   

Directed to freeze demat accounts

 
 
   

Directed to honour their committement relating to conversion of warrants

 
 
   

Directed to initiate adjudication proceedings

 
 
   

Directed to make changes in draft letter of offer

 
 
   

Directed to make offer for purchases equivalent amount of 80,30,000 shares of dsq biotech ltd.within 45 days from date of this order

 
 
   

Directed to make public offer through merchant banker to acquire shares from public shareholders by paying value as per regulation 23 of SEBI (delisting of equity shares) regulations, 2009 within three months from date of order

 
 
   

Directed to pay turnover fee

 
 
   

Directed to reconcile and file correct shareholding details with stock exchanges

 
 
   

Directed to redress investor grievances

 
 
   

Directed to refund money collected in public issue

 
 
   

Directed to relinquish office of president of the exchange

 
 
   

Directed to remove pinnacle shares registry pvt.ltd. as registrar and transfer agent and appoint another registrar and transfer agent within six months

 
 
   

Directed to resign from the board

 
 
   

Directed to retain impounded sale proceeds and not to utilize it in any manner

 
 
   

Directed to revise offer price after including the payment of non-compete fee of Rs.14.50 per share so as to make it total Rs.72.50 per share alongwith interest

 
 
   

Directed to set up investigation committee to examine all transactions of nilesh kapadia and report to SEBI within six months of this order

 
 
   

Directed to submit a plan to overhaul internal control systems and internal preventive measures of hdfc amc to avoid such instances in future

 
 
   

Directed to submit certified report on the records of dematerialised securities with the securities issued

 
 
   

Directed to submit report on redressal of investors complaints detailing manner in which all individual complaints have been redressed to office of investor assistance and education department of SEBI

 
 
   

Directed to take prior approval of SEBI for dealing with escrow account

 
 
   

Directed to take steps to ensure that trading information and other trade related details are not misused

 
 
   

Directed to withdraw advertisement of nfo of reliance infrastructure fund of reliance mutual fund

 
 
   

Disposed off the case without any direction

 
 
   

Downgraded company's scrip from B-1 to z category

 
 
   

Filed criminal writ petition

 
 
   

Granted period of three months for appointment of common share agency for demat and physical shares

 
 
   

Imposed lock-in on shares allotted through conversion of warrants

 
 
   

Imposed penalty

 
 
   

Imposed penalty of Rs.1,00,000 if failed to comply with the regulation 53A of the (depositories & participants) regulations, 1996 within the time limit of 3 months allowed by SEBI

 
 
   

Impounded sale proceeds accruing to vijay advertising pvt.ltd.

 
 
   

Initiated enquiry proceedings

 
 
   

Launched adjudication proceedings

 
 
   

Launched adjudication proceedings under section 15C of SEBI act

 
 
   

Launched criminal prosecution

 
 
   

Matter referred to income tax department to look into possible alternative pay-offs outside securites market

 
 
   

No action as benefit of doubt granted

 
 
   

Not acted negligently warranting imposition of penalty

 
 
   

Not available

 
 
   

Order to be passed after personal hearing

 
 
   

Proceedings dropped/no penalty imposed

 
 
   

Prohibited being associated with any intermediary or any entity registered with SEBI

 
 
   

Prohibited from dealing in the scrip of bhoruka financial services ltd.

 
 
   

Prohibited from issuing any certificate with respect to compliance of obligations of listed companies and requirements or those made under securities laws (SEBI act, 1992, scra act, 1956, depositories act, 1996 & Companies Act, 1956)

 
 
   

Prohibited from raising any further capital in any manner, directly or indirectly

 
 
   

Prohibited from raising money from public

 
 
   

Prohibited public companies in which this director has controlling/substantial interest to raise funds from capital market

 
 
   

Prohibited transfer of shares in any manner

 
 
   

Prosecuted for imprisonment & fine

 
 
   

Prosecution launched

 
 
   

Reached settlement (consent order)

 
 
   

Reached settlement (consent order) (agreed voluntarily not to be associated with /accessing capital market /intermediaries)

 
 
   

Reached settlement (consent order) (agreed voluntarily not to buy/sell/ deal in securities/ specified scrips directly/indirectly)

 
 
   

Referred the matter to "institute of chartered accountants of india" for necessary actions

 
 
   

Refused listing of equity shares

 
 
   

Rejected application filed for grant of exemption from takeover REGULATIONS,1997

 
 
   

Rejected application for registration as foreign institutional investor (fii)

 
 
   

Report to be taken on record

 
 
   

Restrained from accepting loans/deposits from public for securities market

 
 
   

Restrained from accessing capital market through public or rights issue for a period of two years

 
 
   

Restrained from holding any position of director/trustee of capital market related institutions/entities/public positions

 
 
   

Restrained from violating regulation regarding processing of dematerialisation requests

 
 
   

Restrained to act as an intermediary in any capacity

 
 
   

Show cause notice issued

 
 
   

Suspended registration as sub-broker

 
 
   

Suspended trading on all stock exchanges

 
 
   

Warned/directed to be more careful while dealing with securities market

 
 
  Reasons for Action
 
 
   

Acted as portfolio manager without SEBI registration

 
 
   

Acted as sub-broker without SEBI registration

 
 
   

Adopted improper accounting practices

 
 
   

Allowed wrong utilization of issue proceeds

 
 
   

Apparent violation of SEBI takeover regulations

 
 
   

Attempted to subvert the spirit of clause 4.6 of dip guidelines

 
 
   

Breach of corporate governance in reliance energy ltd. and reliance power ltd.

 
 
   

Certificate of registration expired/surrendered/ceased/suspended

 
 
   

Committed irregularities in contract notes

 
 
   

Committed irregularities regarding share lending/borrowing

 
 
   

Conducted board meetings not as per rules of the exchange

 
 
   

Dealt and introduced tainted/stolen/fabricated/duplicate shares

 
 
   

Dealt in cash with clients

 
 
   

Dealt with un-registered brokers/sub-brokers/entities

 
 
   

Defaulted/irregularities in pay-in obligations

 
 
   

Delayed/failed to appoint common share registrar for handling share registry work of demat and physical securities

 
 
   

Delayed/failed to deliver/transfer securities

 
 
   

Delayed/failed to make payment to clients

 
 
   

Did not pay penalty

 
 
   

Draft letter of offer filed with SEBI

 
 
   

Executed fictitious/fraudulent/structured/unauthorised transactions

 
 
   

Failed to exercise due skill and diligence

 
 
   

Failed to maintain proper books of accounts/records

 
 
   

Failed to manage fund in interest of unitholders

 
 
   

Failed to pay dividends to shareholders

 
 
   

Failed to pay fee to SEBI/exchange

 
 
   

Failed to pay penalty amount imposed by SEBI

 
 
   

Failed to redress investor/creditors complaints

 
 
   

Failed to satisfy criteria specified by exchange

 
 
   

Filed application for seeking exemption from making public announcement

 
 
   

Identified as a vanishing company

 
 
   

Induced investors through false/misleading representation

 
 
   

Indulged in fraudulent operations

 
 
   

Indulged in unauthorised carry forward transactions

 
 
   

Indulged in unauthorised trading in futures & options

 
 
   

Introduced unlisted shares in the market

 
 
   

Involved in floating bogus/fraudulent entities

 
 
   

Involved in unauthorised operations on the exchange terminals

 
 
   

Issued false chartered accountant's certificate

 
 
   

Manipulated IPOs of various companies

 
 
   

Manipulated market and/or indulged in unfair trade practices

 
 
   

Misused/defaulted in maintaining client accounts

 
 
   

Not a fit and proper person

 
 
   

Not available

 
 
   

Not complied with norms, rules, byelaws and regulations of SEBI/stock exchange

 
 
   

Order under section 11B read with 11 of SEBI act, 1992

 
 
   

Permitted violations in surveillance

 
 
   

Provided manipulated books of accounts/ records to income tax department

 
 
   

Provided wrong information in offer document

 
 
   

Provided wrong/incomplete information to exchanges

 
 
   

Provided wrong/incomplete information to SEBI/did not co-operate with SEBI in investigations

 
 
   

Securities under investigation

 
 
   

Took loans from public assuring high interest

 
 
   

Violated code of conduct

 
 
   

Violated companies ACT,1956

 
 
   

Violated criminal procedure CODE,1973

 
 
   

Violated indian penal CODE,1860

 
 
   

Violated listing agreement

 
 
   

Violated scra ACT,1956

 
 
   

Violated SEBI (depositories and participants) act, 1996

 
 
   

Violated SEBI (disclosure and investor protection) GUIDELINES,2000

 
 
   

Violated SEBI (foreign institutional investors) regulations 1995

 
 
   

Violated SEBI (merchant banker) REGULATIONS,1992

 
 
   

Violated SEBI (mutual funds) regulations, 1996

 
 
   

Violated SEBI (pfutp) REGULATIONS,1995

 
 
   

Violated SEBI (portfolio managers) REGULATIONS,1993

 
 
   

Violated SEBI (prohibition of insider trading) REGULATIONS,1992

 
 
   

Violated SEBI (registrar & share transfer agent) REGULATIONS,1993

 
 
   

Violated SEBI (stock brokers & sub brokers) REGULATIONS,1992

 
 
   

Violated SEBI ACT,1992

 
 
   

Violated SEBI depositories act, 1996

 
 
   

Violated SEBI preferential issue guidelines

 
 
   

Violated SEBI public issue guidelines

 
 
   

Violated SEBI regulation regarding dematerialisation/depository participants

 
 
   

Violated SEBI rights issue guidelines

 
 
   

Violated SEBI takeover code,1997

 
 
   

Violation of SEBI (disclosure and investor protection) GUIDELINES,1992

 
 
   

Violations specified in earlier SEBI orders/circulars

 
 
   

Weak fundamentals of the company

 
Custodians
  01/01/1997  01/09/2010
 
  Actions by SEBI
 
 
   

Cancelled registration as custodian

 
 
   

Directed not to dispose of any securities held in custody

 
 
  Reasons for Action
 
 
   

Failed to fulfill net worth criterion

 
 
   

Manipulated market and/or indulged in unfair trade practices

 
Debenture Trustees
  01/01/1997  01/09/2010
 
  Actions by SEBI
 
 
   

Cancelled registration as debenture trustee

 
 
   

Debarred from undertaking fresh business as debenture trustee

 
 
   

Reached settlement (consent order)

 
 
   

Rejected application for registration as debenture trustee

 
 
   

Warned/directed to be more careful while dealing with securities market

 
 
  Reasons for Action
 
 
   

Certificate of registration expired/surrendered/ceased/suspended

 
 
   

Manipulated market and/or indulged in unfair trade practices

 
 
   

Provided wrong/incomplete information to SEBI/did not co-operate with SEBI in investigations

 
 
   

Violated SEBI (debenture trustees) REGULATIONS,1993

 
 
   

Violated SEBI (disclosure and investor protection) GUIDELINES,2000

 
 
   

Violated SEBI (intermediaries) REGULATIONS,2008

 
 
   

Violated SEBI public issue guidelines

 
Depositories
  01/01/1997  01/09/2010
 
  Actions by SEBI
 
 
   

Advised to set up a surveillance cell to detect abnormal and unusual flow of securities in the depository accounts

 
 
   

Directed depositories not to give effect to any transfer of shares

 
 
   

Directed nsdl to conduct an independent assessment of existing systems and processess and identify remedial measures

 
 
   

Directed promoters of cdsl to take appropriate action including revamping of management

 
 
   

Directed promoters of nsdl to take appropriate action including revamping of management

 
 
   

Directed to ensure that the dp accounts should not be utilized for manipulation in allotments in IPOs

 
 
   

Imposed penalty

 
 
  Reasons for Action
 
 
   

Failed to exercise due skill and diligence

 
 
   

Violated SEBI (depositories and participants) act, 1996

 
 
   

Violated SEBI public issue guidelines

 
Foreign Institutional Investors
  01/01/1997  01/09/2010
 
  Actions by SEBI
 
 
   

Censured/warned & directed to be diligent in complying with SEBI regulations

 
 
   

Debarred/restrained from buying/selling/dealing/ipos in securities/specified scrips directly/indirectly

 
 
   

Directed not to issue/subscribe or otherwise transact in any fresh/new offshore derivative instrument till such time satisfies SEBI that it has put adequate systems,processes and control

 
 
   

Directed not to issue/subscribe or otherwise transact in any fresh/new offshore derivative instruments till such time it provides true and correct reporting of its transactions to SEBI

 
 
   

Directed to conduct internal enquiry and initiate appropriate action and submit action report

 
 
   

Directed to establish highest standards of customer due diligence process

 
 
   

Directed to exercise due diligence in supervising employees to above end

 
 
   

Directed to furnish a certificate from an auditor of international standing

 
 
   

Directed to take steps to ensure that trading information and other trade related details are not misused

 
 
   

Imposed penalty

 
 
   

Proceedings dropped/no penalty imposed

 
 
   

Prohibited from issuing and/or renewing any offshore derivatives related to indian securities market

 
 
   

Reached settlement (consent order)

 
 
   

Rejected application for renewal of registration as FII

 
 
   

Show cause notice issued

 
 
  Reasons for Action
 
 
   

Disciplinary action taken/pending against applicant/connected companies

 
 
   

Indulged in short sales

 
 
   

Manipulated market and/or indulged in unfair trade practices

 
 
   

Provided wrong/incomplete information to SEBI/did not co-operate with SEBI in investigations

 
 
   

Violated SEBI (foreign institutional investors) regulations 1995

 
 
   

Violated SEBI takeover code,1997

 
Merchant Bankers
  01/01/1997  01/09/2010
 
  Actions by SEBI
 
 
   

Cancelled certificate of registration as underwriter

 
 
   

Cancelled registration as merchant banker

 
 
   

Censured pnb capital services limited for violation of code of conduct

 
 
   

Censured/warned & directed to be diligent in complying with SEBI regulations

 
 
   

Debarred / restrained from associating with / accessing capital market / intermediaries

 
 
   

Debarred from undertaking fresh business as merchant banker

 
 
   

Debarred/restrained from buying/selling/dealing/ipos in securities/specified scrips directly/indirectly

 
 
   

Directed enquiry to be conducted

 
 
   

Directed lapses to be taken on record for reviewing renewal application

 
 
   

Directed not to launch any new schemes

 
 
   

Imposed penalty

 
 
   

Launched criminal prosecution

 
 
   

Not acted negligently warranting imposition of penalty

 
 
   

Proceedings dropped/no penalty imposed

 
 
   

Prosecution launched

 
 
   

Reached settlement (consent order)

 
 
   

Rejected application for registration as underwriter

 
 
   

Rejected application for renewal of registration as merchant banker

 
 
   

Suspended registration as merchant banker

 
 
   

Suspended registration as merchant banker for underwriting

 
 
   

Warned/directed to be more careful while dealing with securities market

 
 
  Reasons for Action
 
 
   

Apparent violation of SEBI takeover regulations

 
 
   

Certificate of registration expired/surrendered/ceased/suspended

 
 
   

Committed irregularities in government securities transactions

 
 
   

Disciplinary action taken/pending against applicant/connected companies

 
 
   

Executed fictitious/fraudulent/structured/unauthorised transactions

 
 
   

Failed to exercise due skill and diligence

 
 
   

Failed to fulfill underwriting obligations

 
 
   

Failed to pay fee to SEBI/exchange

 
 
   

Failed to redress investor/creditors complaints

 
 
   

Manipulated market and/or indulged in unfair trade practices

 
 
   

Not a fit and proper person

 
 
   

Not available

 
 
   

Provided wrong/incomplete information to SEBI/did not co-operate with SEBI in investigations

 
 
   

Violated code of conduct

 
 
   

Violated SEBI (buyback of securities) REGULATIONS,1998

 
 
   

Violated SEBI (disclosure and investor protection) GUIDELINES,2000

 
 
   

Violated SEBI (merchant banker) REGULATIONS,1992

 
 
   

Violated SEBI (pfutp) REGULATIONS,1995

 
 
   

Violated SEBI (portfolio managers) REGULATIONS,1993

 
 
   

Violated SEBI (stock brokers & sub brokers) REGULATIONS,1992

 
 
   

Violated SEBI ACT,1992

 
 
   

Violated SEBI public issue guidelines

 
 
   

Violated SEBI rights issue guidelines

 
 
   

Violated SEBI takeover code,1997

 
 
   

Violation of SEBI (disclosure and investor protection) GUIDELINES,1992

 
Mutual Funds
  01/01/1997  01/09/2010
 
  Actions by SEBI
 
 
   

Cancelled registration as mutual fund and withdrawn approval granted to asset management company

 
 
   

Censured/warned & directed to be diligent in complying with SEBI regulations

 
 
   

Directed not to launch any new schemes

 
 
   

Directed to abide strictly by stipulations on advertisements by mutual funds, issued by SEBI

 
 
   

Directed to pay returns to unitholders

 
 
   

Directed to withdraw advertisement of nfo of reliance infrastructure fund of reliance mutual fund

 
 
   

Imposed penalty

 
 
   

Reached settlement (consent order)

 
 
   

Warned/directed to be more careful while dealing with securities market

 
 
  Reasons for Action
 
 
   

Certificate of registration expired/surrendered/ceased/suspended

 
 
   

Failed to exercise due skill and diligence

 
 
   

Failed to fulfill net worth criterion

 
 
   

Failed to manage fund in interest of unitholders

 
 
   

Failed to pay fee to SEBI/exchange

 
 
   

Manipulated market and/or indulged in unfair trade practices

 
 
   

Non-compliance of exchange norms

 
 
   

Violated SEBI (mutual funds) regulations, 1996

 
 
   

Violated SEBI takeover code,1997

 
NSDL Depository Participants
  01/01/1997  01/09/2010
 
  Actions by SEBI
 
 
   

Cancelled registration as depository participant

 
 
   

Debarred/restrained from buying/selling/dealing/ipos in securities/specified scrips directly/indirectly

 
 
   

Directed not to act as depository participant

 
 
   

Directed not to buy, sell or deal in the securities market including IPOs directly or indirectly on proprietory basis

 
 
   

Directed not to open fresh demat accounts

 
 
   

Directed nsdl to conduct inspection

 
 
   

Directed nsdl to undertake a comprehensive inspection of the systems and procedures of karvy stock broking ltd.

 
 
   

Directed to cease and desist from repetition of lapses

 
 
   

Directed to refund account closure charges

 
 
   

Directed to refund amount collected under consolidation scheme

 
 
   

Imposed penalty

 
 
   

Reached settlement (consent order)

 
 
   

Referred matter to reserve bank of india for further action

 
 
   

Rejected application for renewal of registration as depository participant

 
 
   

Renewal granted with special condition barring opening new accounts

 
 
   

Suspended registration as depository participant

 
 
   

Warned/directed to be more careful while dealing with securities market

 
 
  Reasons for Action
 
 
   

Application for renewal of certificate

 
 
   

Certificate of registration expired/surrendered/ceased/suspended

 
 
   

Committed irregularities in maintenance of client registration/database

 
 
   

Dealt with un-registered brokers/sub-brokers/entities

 
 
   

Defaulted/failed to collect margins/bmc from clients/sub-brokers

 
 
   

Delayed/failed to deliver/transfer securities

 
 
   

Director of stock broking firm acted as sub broker of his own firm through his corporate entity

 
 
   

Executed fictitious/fraudulent/structured/unauthorised transactions

 
 
   

Failed to exercise due skill and diligence

 
 
   

Failed to redress investor/creditors complaints

 
 
   

Indulged in unauthorised carry forward transactions

 
 
   

Manipulated IPOs of various companies

 
 
   

Manipulated market and/or indulged in unfair trade practices

 
 
   

Misused/defaulted in maintaining client accounts

 
 
   

Not a fit and proper person

 
 
   

Provided wrong/incomplete information to SEBI/did not co-operate with SEBI in investigations

 
 
   

Unilaterally levied account closure charges

 
 
   

Violated code of conduct

 
 
   

Violated SEBI (depositories and participants) act, 1996

 
 
   

Violated SEBI directions in opening of fresh demat accounts

 
 
   

Violated SEBI public issue guidelines

 
 
   

Violated SEBI regulation regarding dematerialisation/depository participants

 
 
   

Violated SEBI takeover code,1997

 
Person
  01/01/1997  01/09/2010
 
  Actions by SEBI
 
 
   

Debarred/restrained from buying/selling/dealing/ipos in securities/specified scrips directly/indirectly

 
 
   

Directed not to issue any equity shares or any instrument convertible into equity shares or alter its capital structure in any manner

 
 
  Reasons for Action
 
 
   

Induced investors through false/misleading representation

 
 
   

Manipulated market and/or indulged in unfair trade practices

 
Persons
  01/01/1997  01/09/2010
 
  Actions by SEBI
 
 
   

Bar council of maharashtra & goa directed to take appropriate action against advocate mr.prakash k.shah with request to furnish a copy of its action to SEBI

 
 
   

Bombay stock exchange & national stock exchange directed/ordered to hold the profit and gains in a separate escrow account

 
 
   

Cease and desist from indulging in futures & options contracts

 
 
   

Cease and desist from issuing online offer soliciting unpublished price sensitive information and recommending or counseling trading

 
 
   

Censured/warned & directed to be diligent in complying with SEBI regulations

 
 
   

Debarred / restrained from associating with / accessing capital market / intermediaries

 
 
   

Debarred from acting as un-registered portfolio manager

 
 
   

Debarred from operating in the securities market for a period of five years

 
 
   

Debarred from publishing advertisements luring investors to invest in securities market

 
 
   

Debarred/restrained from buying/selling/dealing/ipos in securities/specified scrips directly/indirectly

 
 
   

Directed acquirer to make public offer

 
 
   

Directed acquirer to pay interest for loss caused to shareholders

 
 
   

Directed amounts deposited in escrow account and shares retained in demat account be not withdrawn without prior permission of SEBI

 
 
   

Directed applicant to do inspection of the relevant documents,if they wish so and submit replies to show cause notice

 
 
   

Directed bse and nse to permit members to square off their existing open positions if any, in f&o segment and ensure that no fresh positions are created

 
 
   

Directed bse to examine dealings of chimanlal maneklal securites pvt.ltd in scrip of cals refineries ltd.

 
 
   

Directed bse to facilitate valuation of shares to be purchased and compulsorily delist parsoli corp.ltd., if public shareholding reduces below minimum level

 
 
   

Directed bse to impound the auction and close out proceeds

 
 
   

Directed bse to release the difference in price of shares

 
 
   

Directed bse to withhold payout of 11/02/2009 of hetal patel and chetan shah in separate escrow account

 
 
   

Directed bse, nse, nsdl and cdsl to ensure that directions issued vide order are strictly enforce

 
 
   

Directed depositories not to dematerialize convertible warrants and shares issued upon conversion and not to give effect to stock split

 
 
   

Directed depositories not to give effect to any transfer of shares

 
 
   

Directed depositories not to give effect to any transfer of shares of promoters/persons acting in concert/directors/clients in default

 
 
   

Directed depositories to keep a watch and report suspicious activities to SEBI

 
 
   

Directed income tax department to take necessary actions in matter of pyramid saimira theatre ltd.

 
 
   

Directed not to act as compliance officer of any listed company

 
 
   

Directed not to be associated with any FII or sub-account or any registered entity of SEBI

 
 
   

Directed not to buy, sell of deal directly or indirectly in any initial public offering

 
 
   

Directed not to buy, sell or deal in securities directly or indirectly on IPOs listing dates

 
 
   

Directed not to divest,transfer,sell or alienate the shareholding in gammon infrastructures projects ltd.for a period of 3 years

 
 
   

Directed not to engage in the activity of borrowing and lending of securities without obtaining registration from SEBI

 
 
   

Directed not to hold position of director in board of any listed company

 
 
   

Directed not to issue any equity shares or any instrument convertible into equity shares or alter its capital structure in any manner

 
 
   

Directed not to issue further shares or alter its share capital in any manner

 
 
   

Directed not to proceed with the public issue

 
 
   

Directed not to reissue forfeited shares or bonus shares

 
 
   

Directed nsdl and cdsl to freeze beneficial owner accounts of persons/entities

 
 
   

Directed promoters to buy back shares from allottees/shareholders

 
 
   

Directed promoters to give option to allottees/shareholders to exit the company

 
 
   

Directed pyramid saimira theatre ltd. to include order dated 10/11/2009 in agenda of its next annual general meeting

 
 
   

Directed registrar & transfer agent not to give effect transfer of shares

 
 
   

Directed stock exchanges not to approve listing of convertible warrants and shares issued on conversion

 
 
   

Directed to buy 1.30 crore shares of dsq software ltd. and retain it in separate demat account

 
 
   

Directed to cease & desist from dealing in shares by heavy purchases on IPOs listings to artificially create demand

 
 
   

Directed to cease and desist from giving misleading recommendations in any public accessible media

 
 
   

Directed to cease and desist from giving recommendations about any investment in securities in public media

 
 
   

Directed to compensate unit trust of india to the extent of Rs.3.04 crores

 
 
   

Directed to conduct secretarial audit to identify actual shareholders and reconcile their records

 
 
   

Directed to dematerialize shares immediately

 
 
   

Directed to deposit a sum of Rs.630 crore in separate escrow account

 
 
   

Directed to deposit estimated losses identified so far to trustees of hdfc mutual fund jointly

 
 
   

Directed to deposit illegitimate gains with nse identified so far in investigations within fifteen days which shall hold the amount in an escrow

 
 
   

Directed to deposit money with investor protection fund to compensate investors

 
 
   

Directed to deposit proceeds of transaction in an escrow account

 
 
   

Directed to deposit profit amounting to Rs.1,12,68,659.35

 
 
   

Directed to deposit profits with nse

 
 
   

Directed to deposit Rs.122.19 crore in escrow account for purchase of 80,30,000 shares of dsq biotech ltd.

 
 
   

Directed to deposit Rs.25,000 in investor protection fund

 
 
   

Directed to disgorge unlawful gains alongwith interest @12% for one year within 45 days from date of order

 
 
   

Directed to disgorge unlawful gains alongwith interest @20% from sale of shares till date of disgorgement

 
 
   

Directed to disinvest shares in target company

 
 
   

Directed to freeze demat account of a specified scrip

 
 
   

Directed to freeze demat accounts

 
 
   

Directed to honour their committement relating to conversion of warrants

 
 
   

Directed to initiate adjudication proceedings

 
 
   

Directed to make offer for purchases equivalent amount of 80,30,000 shares of dsq biotech ltd.within 45 days from date of this order

 
 
   

Directed to make public offer through merchant banker to acquire shares from public shareholders by paying value as per regulation 23 of SEBI (delisting of equity shares) regulations, 2009 within three months from date of order

 
 
   

Directed to redress investor grievances

 
 
   

Directed to refund money collected in public issue

 
 
   

Directed to relinquish office of president of the exchange

 
 
   

Directed to remove pinnacle shares registry pvt.ltd. as registrar and transfer agent and appoint another registrar and transfer agent within six months

 
 
   

Directed to resign from the board

 
 
   

Directed to retain impounded sale proceeds and not to utilize it in any manner

 
 
   

Directed to submit certified report on the records of dematerialised securities with the securities issued

 
 
   

Directed to submit explanation to show cause notice

 
 
   

Directed to take prior approval of SEBI for dealing with escrow account

 
 
   

Disposed off the case without any direction

 
 
   

Imposed lock-in on shares allotted through conversion of warrants

 
 
   

Imposed penalty

 
 
   

Impounded sale proceeds accruing to vijay advertising pvt.ltd.

 
 
   

Initiated enquiry proceedings

 
 
   

Launched adjudication proceedings

 
 
   

Launched criminal prosecution

 
 
   

Matter referred to income tax department to look into possible alternative pay-offs outside securites market

 
 
   

No action as benefit of doubt granted

 
 
   

Not acted negligently warranting imposition of penalty

 
 
   

Not available

 
 
   

Order to be passed after personal hearing

 
 
   

Proceedings dropped/no penalty imposed

 
 
   

Prohibited being associated with any intermediary or any entity registered with SEBI

 
 
   

Prohibited from issuing any certificate with respect to compliance of obligations of listed companies and requirements or those made under securities laws (SEBI act, 1992, scra act, 1956, depositories act, 1996 & Companies Act, 1956)

 
 
   

Prohibited from raising money from public

 
 
   

Prohibited public companies in which this director has controlling/substantial interest to raise funds from capital market

 
 
   

Prosecuted for imprisonment & fine

 
 
   

Prosecution launched

 
 
   

Reached settlement (consent order)

 
 
   

Reached settlement (consent order) (agreed voluntarily not to be associated with /accessing capital market /intermediaries)

 
 
   

Reached settlement (consent order) (agreed voluntarily not to buy/sell/ deal in securities/ specified scrips directly/indirectly)

 
 
   

Referred the matter to "institute of chartered accountants of india" for necessary actions

 
 
   

Refused listing of equity shares

 
 
   

Rejected application for registration as foreign institutional investor (fii)

 
 
   

Report to be taken on record

 
 
   

Restrained from accepting loans/deposits from public for securities market

 
 
   

Restrained from directorship of stock exchange

 
 
   

Restrained from holding any managerial position (including directorship) in any listed company in india or an intermediary registered with SEBI or with any securities market participant,in any capacity

 
 
   

Restrained from holding any position of director/trustee of capital market related institutions/entities/public positions

 
 
   

Restrained from violating regulation regarding processing of dematerialisation requests

 
 
   

Restrained to act as an intermediary in any capacity

 
 
   

Show cause notice issued

 
 
   

Suspended trading on all stock exchanges

 
 
   

Warned/directed to be more careful while dealing with securities market

 
 
  Reasons for Action
 
 
   

Acted as portfolio manager without SEBI registration

 
 
   

Acted as sub-broker without SEBI registration

 
 
   

Adopted improper accounting practices

 
 
   

Allowed wrong utilization of issue proceeds

 
 
   

Apparent violation of SEBI takeover regulations

 
 
   

Certificate of registration expired/surrendered/ceased/suspended

 
 
   

Committed irregularities in contract notes

 
 
   

Committed irregularities in government securities transactions

 
 
   

Committed irregularities regarding share lending/borrowing

 
 
   

Conducted board meetings not as per rules of the exchange

 
 
   

Dealt and introduced tainted/stolen/fabricated/duplicate shares

 
 
   

Dealt in cash with clients

 
 
   

Dealt with un-registered brokers/sub-brokers/entities

 
 
   

Defaulted/failed to collect margins/bmc from clients/sub-brokers

 
 
   

Defaulted/irregularities in pay-in obligations

 
 
   

Delayed/failed to appoint common share registrar for handling share registry work of demat and physical securities

 
 
   

Delayed/failed to deliver/transfer securities

 
 
   

Delayed/failed to make payment to clients

 
 
   

Did not pay penalty

 
 
   

Executed fictitious/fraudulent/structured/unauthorised transactions

 
 
   

Failed to exercise due skill and diligence

 
 
   

Failed to maintain proper books of accounts/records

 
 
   

Failed to manage fund in interest of unitholders

 
 
   

Failed to pay dividends to shareholders

 
 
   

Failed to redress investor/creditors complaints

 
 
   

Failed to satisfy criteria specified by exchange

 
 
   

Failed to submit audit report/financial statements to the exchange in time

 
 
   

Filed application for seeking exemption from making public announcement

 
 
   

Forged signatures on authority letters

 
 
   

Identified as a vanishing company

 
 
   

Induced investors through false/misleading representation

 
 
   

Indulged in fraudulent operations

 
 
   

Indulged in unauthorised trading in futures & options

 
 
   

Introduced unlisted shares in the market

 
 
   

Involved in floating bogus/fraudulent entities

 
 
   

Involved in unauthorised operations on the exchange terminals

 
 
   

Issued false chartered accountant's certificate

 
 
   

Manipulated IPOs of various companies

 
 
   

Manipulated market and/or indulged in unfair trade practices

 
 
   

Misused exchange mechanism for guaranteeing payment in off-the-market transactions

 
 
   

Misused/defaulted in maintaining client accounts

 
 
   

Not available

 
 
   

Not complied with norms, rules, byelaws and regulations of SEBI/stock exchange

 
 
   

Order under section 11B read with 11 of SEBI act, 1992

 
 
   

Permitted violations in surveillance

 
 
   

Provided wrong information in offer document

 
 
   

Provided wrong/incomplete information to exchanges

 
 
   

Provided wrong/incomplete information to SEBI/did not co-operate with SEBI in investigations

 
 
   

Securities under investigation

 
 
   

Took loans from public assuring high interest

 
 
   

Violated code of conduct

 
 
   

Violated companies ACT,1956

 
 
   

Violated criminal procedure CODE,1973

 
 
   

Violated indian penal CODE,1860

 
 
   

Violated listing agreement

 
 
   

Violated scra ACT,1956

 
 
   

Violated SEBI (buyback of securities) REGULATIONS,1998

 
 
   

Violated SEBI (depositories and participants) act, 1996

 
 
   

Violated SEBI (disclosure and investor protection) GUIDELINES,2000

 
 
   

Violated SEBI (foreign institutional investors) regulations 1995

 
 
   

Violated SEBI (merchant banker) REGULATIONS,1992

 
 
   

Violated SEBI (mutual funds) regulations, 1996

 
 
   

Violated SEBI (pfutp) REGULATIONS,1995

 
 
   

Violated SEBI (portfolio managers) REGULATIONS,1993

 
 
   

Violated SEBI (prohibition of insider trading) REGULATIONS,1992

 
 
   

Violated SEBI (registrar & share transfer agent) REGULATIONS,1993

 
 
   

Violated SEBI (stock brokers & sub brokers) REGULATIONS,1992

 
 
   

Violated SEBI ACT,1992

 
 
   

Violated SEBI depositories act, 1996

 
 
   

Violated SEBI preferential issue guidelines

 
 
   

Violated SEBI public issue guidelines

 
 
   

Violated SEBI regulation regarding dematerialisation/depository participants

 
 
   

Violated SEBI rights issue guidelines

 
 
   

Violated SEBI takeover code,1997

 
 
   

Violation of SEBI (disclosure and investor protection) GUIDELINES,1992

 
 
   

Violations specified in earlier SEBI orders/circulars

 
Portfolio Managers
  01/01/1997  01/09/2010
 
  Actions by SEBI
 
 
   

Cancelled registration as portfolio manager

 
 
   

Censured/warned & directed to be diligent in complying with SEBI regulations

 
 
   

Debarred / restrained from associating with / accessing capital market / intermediaries

 
 
   

Debarred from acting as un-registered portfolio manager

 
 
   

Debarred from publishing advertisements luring investors to invest in securities market

 
 
   

Debarred from undertaking fresh business as portfolio manager

 
 
   

Debarred/restrained from buying/selling/dealing/ipos in securities/specified scrips directly/indirectly

 
 
   

Directed not to launch any new schemes

 
 
   

Imposed penalty

 
 
   

Prosecution launched

 
 
   

Reached settlement (consent order)

 
 
   

Rejected application for registration as portfolio manager

 
 
  Reasons for Action
 
 
   

Acted as portfolio manager without SEBI registration

 
 
   

Certificate of registration expired/surrendered/ceased/suspended

 
 
   

Committed irregularities in government securities transactions

 
 
   

Committed irregularities in maintenance of client registration/database

 
 
   

Disciplinary action taken/pending against applicant/connected companies

 
 
   

Failed to fulfill net worth criterion

 
 
   

Induced investors through false/misleading representation

 
 
   

Introduced unlisted shares in the market