PRESS RELEASE - SEBI

July 21, 2004
PR No. 165/2004

Registration of a stock broker of BSE, cancelled

The Securities and Exchange Board of India (SEBI) has passed an order dated July 15, 2004 canceling the certificate of registration of M/s. CRB Share Broking Ltd. (SEBI Registration No. INB010636334) erstwhile member of The Stock Exchange, Mumbai (BSE) with immediate effect.
 
The aforesaid stock broker was declared defaulter by the Stock Exchange and ceased to be 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.
 
 
Mumbai

July 21, 2004