January
19, 2011
PR No. 016/2011
Order in respect of M/s. Tropical Securities and Investments Private Limited
in the matter of M/s. Ceat Limited
Dr. K. M. Abraham, Whole Time Member, SEBI has passed an order dated January 17, 2011 suspending the certificate of registration of the stock broker, M/s. Tropical Securities and Investments Private Limited, member, the Bombay Stock Exchange Limited, for a period of one month.
It is further stated in the order that as the Securities and Exchange Board of India had already suspended the certificate of registration of the aforesaid stock broker, vide an Order dated December 7, 2009 till the time it pays the outstanding fees to the Securities and Exchange Board of India, the penalty imposed as mentioned above would run concurrently.
The order has come into force with immediate effect.
Mumbai
January 19, 2011
|