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SECURITIES AND EXCHANGE BOARD OF INDIA

SECURITIES AND EXCHANGE BOARD OF INDIA

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	PERIOD COVERED
	FROM	TO/UPTIL
Authorised Person		19/04/2024
Actions by SEBI
Cancelled registration as authorised person
Debarred / restrained from associating with / accessing capital market / intermediaries
Debarred/restrained from buying/selling/dealing/IPOs in securities/specified scrips directly/indirectly
Reasons for Action
Certificate of registration expired/surrendered/ceased/suspended
Violated securities contracts (regulation) act, 1956
Bankers		19/04/2024
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Directed to conduct internal inquiry into the leakage of unpublished price sensitive information relating to its financial results and directed to take appropriate action against responsible persons
Directed to refund money collected in public issue
Directed to strengthen its processes/systems/controls ensure instances of leakage of unpublished price sensitive information do not recur in future
Imposed penalty
Reached settlement (consent order)
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
Did not exercise due skill, care & 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 directives/instructions/guidelines
Violated SEBI rights issue directives/instructions/guidelines
Violated SEBI takeover code, 1997
CDSL Depository Participants		19/04/2024
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 banks to ensure that no debits are made in bank accounts held jointly or severally
Directed banks to ensure that no debits are made in bank accounts held jointly or severally by amrapali aadya trading & investment pvt.ltd. and aadya commodities pvt.ltd. and mr.sanjeeva kumar sinha except for the purpose of payment of money to clients/investors under written confirmation of concerned stock exchanges
Directed banks to ensure that no debits are made in bank accounts held jointly or severally except for the purpose of payment of money to clients/investors under written confirmation of concerned stock exchanges
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 guarantees
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 and stock exchanges to initiate appropriate disciplinary proceedings for misuse of clients� funds and securities
Directed depositories not to give effect to any transfer of shares
Directed depositories to ensure that no debits and/or credits made in demat accounts, held jointly or severally, of entities and persons
Directed depositories to monitor movement of securities into and from DP account of clients of ksbl
Directed exchanges and/or clearing corporations and/or depositories to appoint forensic auditor to track misuse of client's funds/securities and to identify net assets/liabilities
Directed exchanges to deal with complaints/claims of clients against member and return amount of client fund and securities to clients
Directed not to act as depository participant
Directed not to act upon any instruction given by ksbl in pursuance of power of attorney given to ksbl by its clients
Directed not to allow transfer of securities from DP account
Directed not to buy, sell or deal in the securities market including IPOs directly or indirectly on proprietory basis
Directed not to dispose of or alienate any assets, movable or immovable, or any interest or investment or charge in any of such assets without prior permission of SEBI
Directed not to dispose of or alienate any assets, movable or immovable, or to create or invoke or release any interest or charge in any of such assets without prior permission of NSE and bse
Directed not to open fresh demat accounts
Directed not to take new clients as depository participant
Directed registrar and transfer agents to ensure that securities (including mf units) in physical form not to transfer /redeem without confirmation of concerned stock exchanges
Directed to cease & desist from undertaking any activity in securities market, directly or indirectly, in any manner whatsoever
Directed to conduct secretarial audit to identify actual shareholders and reconcile their records
Directed to cooperate with NSE in refund of funds and securities of the clients of karvy stock broking ltd.
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 disgorge
Directed to freeze existing holding of securities, including units of mutual funds
Directed to provide full inventory of assets (including assets under possession of receiver appointed by hon'ble high court of bombay) movable or immovable, or any interest or investment or charge in any of such assets, including details of all banks & demat accounts and/or mutual funds investments
Directed to provide full inventory of assets, movable or immovable, or any interest or investment or charge in any of such assets, including details of all banks & demat accounts and/or mutual funds investments
Directed to refund account closure charges
Directed to refund money to the investors
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 utilize assets of the entities only for the purpose of payment of money and/or delivery of securities, as the case may be, to clients/investors under the supervision of concerned stock exchange(s)
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
Restrained from accessing securities market and further prohibited from buying/selling or otherwise dealing in securities and/or units of mutual funds directly or indirectly or being associated with securities market in any manner
Restrained from taking up/onboarding any new clients
Warned/directed to be more careful while dealing with securities market
Reasons for Action
Acted as portfolio manager without SEBI registration
Certificate of registration expired/surrendered/ceased/suspended
Charged excess/different rates of brokerage
Committed irregularities in contract notes
Committed irregularities in maintenance of client registration/database
Defaulted in maintenance of records of investor's complaints
Defaulted/failed to collect margins/BMC from clients/sub-brokers
Delayed/failed to deliver/transfer securities
Delayed/failed to make payment to clients
Did not adhere to exchange directives/instructions/guidelines
Did not exercise due skill, care & diligence
Executed fictitious/fraudulent/structured/unauthorised transactions
Failed to maintain proper books of accounts/records
Failed to redress investor/creditors complaints
Inadequate resources/infrastructure/systems
Indulged in unauthorised carry forward transactions
Indulged in unauthorised fund-based activities
Levied account closure charges unilaterally
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
Unauthorised operations on exchange terminals
Violated byelaws/communique/operating instructions of cdsl
Violated code of conduct
Violated directives/instructions/guidelines on anti money laundering standards
Violated SEBI (certification of associated persons in securities markets) regulations, 2007
Violated SEBI (depositories & participants) regulations, 1996
Violated SEBI (intermediaries) regulations, 2008
Violated SEBI (PFUTP) regulations, 2003
Violated SEBI (portfolio managers) regulations, 1993
Violated SEBI (stock brokers & sub brokers) regulations, 1992
Violated SEBI depositories act, 1996
Violated SEBI public issue directives/instructions/guidelines
Violated SEBI regulation regarding dematerialisation/depository participants
Violated SEBI takeover code, 1997
Violations specified in earlier SEBI/NSE orders/circulars
Collective Investment Schemes	01/01/1997	19/04/2024
Actions by SEBI
Advised to refund money to the investors
Debarred/restrained from buying/selling/dealing/IPOs in securities/specified scrips directly/indirectly
Directed depositories to ensure that no debits and/or credits made in demat accounts, held jointly or severally, of entities and persons
Directed not to collect any fresh money from the investors under its existing schemes
Directed not to collect any money from the investors
Directed not to collect money from investors through issuance of securities in any manner whatsoever
Directed not to dispose of any of the properties or alienate (directly or indirectly) assets of the scheme
Directed not to dispose of properties/assets owned or acquired without prior permission of SEBI
Directed not to dispose of, alienate or encumber any assets / properties
Directed not to divert any funds raised from investors
Directed not to divert any funds raised from public at large kept in bank account and/or in the custody of the company
Directed not to divert any funds raised from public by way of sponsoring/causing to sponsor or carrying on/causing to be carried on the collective investment schemes
Directed not to launch any new scheme(s) / plan or float any new company/ies/firm to raise fresh monies
Directed not to substitute certificates issued by ngfl with bonds or any other instruments by whatsoever name called
Directed to cease & desist and not to solicit or undertake CIS activities or any other activities in securities market, directly or indirectly, in any manner whatsoever
Directed to deposit money collected from the investors under its plans/schemes in a separate bank account
Directed to deposit remaining balance amount with SEBI to be kept in escrow account
Directed to dissolve the trust
Directed to ensure compliance of the directions issued by SEBI
Directed to explain reasons of denial of certification by the auditors
Directed to file certificate of completion of process with SEBI from two independent peer reviewed chartered accountants
Directed to freeze bank accounts
Directed to freeze existing holding of securities, including units of mutual funds
Directed to furnish all information regarding schemes with details of investors and insurance policies and compensation given under the policies as part of the schemes
Directed to furnish all relevant documents i.e.application form, agreements and certificates etc.
Directed to furnish complete details of accounts transferred from samruddha jeevan foods india ltd. to prosperity agro india ltd. and transferred from prosperity agro india ltd. to samruddha jeevan multi-state multi purpose co-operative society ltd.
Directed to furnish details of assets held by the company & its group companies
Directed to furnish full details of advertisement & sales promotion expenses
Directed to furnish pan number of company and/or directors
Directed to issue public notice, in all editions of two national dailies in connection with the refund of money
Directed to issue public notice, in one vernacular daily with wide circulation in each of areas
Directed to make refund through banking channels such as demand draft and/or pay order and/or electronic mode of transfer
Directed to provide full inventory of assets owned by company
Directed to provide full inventory of assets, movable or immovable, or any interest or investment or charge in any of such assets, including details of all banks & demat accounts and/or mutual funds investments
Directed to provide inventory of all assets purchased in name of the company or directors including all assets movable and/or immovable wherein noticees have interest directly or indirectly in whatsoever manner
Directed to refund money to the investors
Directed to refund to contributories/beneficiaries the money equivalent to value of their investment with regard to pro rata shares in jumbo share certificate alongwith intrest rate of 10% per annum from date of investment
Directed to refund unutilised contributions remaining in corpus of the trust, if any, and any profit earned thereon
Directed to submit completion report of repayment to SEBI certified by independent chartered accountant
Directed to submit agreements entered into with joint venture customers / investors
Directed to submit all relevant documents / material including copies of allotment letters, sale deeds etc. pertaining to scheme of �sale / purchase and development of plot/land�
Directed to submit audited accounts for the last financial year
Directed to submit auditors' certificate confirming non collection of any monies under CIS
Directed to submit copies of all the documents pertaining to the scheme issued to investors including documents / agreements executed with the investors
Directed to submit copies of the registration documents / sale deed in respect of all the land / properties owned and/or purchased by the company
Directed to submit details of agents alongwith address, money mobilized and commission paid
Directed to submit details of amount mobilized & refunded duly certified by auditor of the company
Directed to submit details of amount mobilized and refunded till date
Directed to submit details of amount refunded till date along with details of mode of payment, duly certified by company�s auditors
Directed to submit details of charges, if any, created on its assets by company
Directed to submit details of commission paid to agents/investors for promotion of the scheme(s), since inception till date
Directed to submit details of expenditure incurred under the head �administration overheads� duly certified by auditor
Directed to submit financial statements duly certified by statutory auditor for the last three years
Directed to submit full details of project development expenses of Rs.19.90 crores in financial statements for F.Y.2013-14, alongwith position for f.y. 2014-15
Directed to submit full inventory of 233965 rooms as mentioned in the letter of rtscl
Directed to submit income tax returns filed by company
Directed to submit list of applicant/investors with full particulars opted for delivery of solar products and availed refund facility alongwith list of solar products delivered by remac realty
Directed to submit list of investors opted for rent out / sales option of scheme
Directed to submit list of investors with full particulars such as pan number, address etc.
Directed to submit report in regard to winding up of CIS and repayment of monies to SEBI in accordance to CIS regulations
Directed to submit sample copies of all documents pertaining to scheme including documents / agreements / contracts executed with customers/investors and pan number of directors
Directed to submit scheme wise list of investors and their contact numbers and address along with details of amount mobilized & refunded
Directed to submit scheme wise list of investors, their contact numbers and address along with list of investors to which land has been allotted and got registeted & details of amount refunded
Directed to wind up CIS and refund money to the investors
Imposed penalty
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
Prohibited from issuing prospectus or any offer document, or issue advertisement for soliciting money from public for issue of securities in any manner either directly or indirectly
Prohibited from mobilizing funds under any schemes or arrangement, existing or future
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 accessing capital market and further prohibited from buying/selling or otherwise dealing in securities (including units of mutual funds) directly or indirectly or being associated with securities market in any manner, whatsoever, starting from date of this order till expiry of five years from date of bringing money back into ktl�s bank account and during this period existing holding of securities (including units of mutual funds) to remain frozen
Restrained from accessing securities market and further prohibited from buying/selling or otherwise dealing in securities and/or units of mutual funds directly or indirectly or being associated with securities market in any manner
Restrained from holding or occupying position as director or key managerial personnel in any listed company
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
Restrained from replacing certificates issued by nicer green forests ltd. with its bonds or any other instruments
Restrained from selling assets, properties and holding of mutual funds/shares/securities held in demat and physical form
Sentenced to pay fine of Rs.5000 by the court
Reasons for Action
Alleged unlawful mobilisation of funds under CIS
Did not adhere to conditions of provisional registration
Did not adhere to provision regulation of SEBI
Did not apply for registration of CIS
Did not refund money collected under CIS
Did not wind up to repay investors as per regulations
Entity claimed it did not collect any money under CIS
Launched unit linked insurance products (ULIPs) without obtaining requisite certificate of registration from SEBI
Operated CIS schemes without obtaining certificate of registration from SEBI
Part repayment to the investors reported by the entity
Provisional registration for CIS expired
Violated Companies Act, 1956
Violated SEBI public issue directives/instructions/guidelines
Violations specified in earlier SEBI orders/circulars
Companies		19/04/2024
Actions by SEBI
Advise to to preserve and maintain all records, documents, material, video records etc., along with their content, related to mr.pradeep pandya and mr.alpesh furiya and concerned shows
Advised stock exchanges to withhold listing of securities
Barred from rendering services in connection with instruments that are defined as securities (as in section 2 (h) of SCRA act, 1956) in indian market or in any way dealing with them
Bombay stock exchange & national stock exchange directed/ordered to hold the profit and gains in a separate escrow account
Cancelled registration as alternate investment fund
Cancelled registration as investment advisor
Cancelled registration as investment research advisor
Cancelled registration as mutual fund and withdrawn approval granted to asset management company
Cancelled registration as stock broker
Cease and desist from indulging in futures & options contracts
Ceased to act directly or indirectly as commodity derivatives broker
Ceased to hold the position of a director or key managerial personnel in any listed company or its subsidiaries
Ceased to mobilize fresh funds from investors through offer and allotment of any securities to public and/or invite subscription in any manner whatsoever either directly or indirectly
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
Debarred from publishing advertisements luring investors to invest in securities market
Debarred/restrained from buying/selling/dealing/IPOs in securities/specified scrips directly/indirectly
Declared as not a `fit and proper person� to continue to be a shareholder of 2% or more of the paid-up equity capital of mcx
Declared not a �fit and proper person� in terms of guidelines dated 29/07/2009
Direct that fresh delisting proposal initiated by promoter company anytime in future, same shall be initiated only after observing extant provisions of SEBI act and regulations framed thereunder and in letter and spirit
Directed acquirer to make payment in cash to shareholders
Directed acquirer to make public offer
Directed acquirer to make revised public offer
Directed acquirer to pay interest for loss caused to shareholders
Directed all the listed companies and intermediaries registered with SEBI not to engage any audit firm formiing part of price waterhouse network, for iisuance of any certificate with respect of statutory compliance with SEBI
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 audit committee and board of directors to review the decision of classification of ksdpl and consolidated financial statements for F.Y.2021-22
Directed audit committee of royal orchid hotels ltd. to enhance the oversight of financial reporting process and disclosure of its financial information
Directed audit committee of the company to directly monitor the process of creadtion of escrow accoiunt its funding
Directed banks and depositories not to debit and/or credit, without permission of SEBI in respect of bank/demat accounts, held jointly and severally
Directed banks and depositories to ensure strict enforcement of directions
Directed banks not to allow any debits/withdrawls and credits from account without permission of SEBI
Directed banks not to allow any debits/withdrawls without permission of SEBI
Directed banks that no debit shall be made without permission of SEBI
Directed banks that no debit shall be made without permission of SEBI except for the purpose of transfer of funds to escrow account
Directed banks to allow debit for purpose of making refunds to clients/investors/complainants
Directed banks to allow debit for the purpose of transferring funds to escrow account
Directed banks to ensure compliance of the directions issued by SEBI
Directed banks to ensure that no debits are made in bank accounts held jointly or severally
Directed banks to ensure that no debits are made in bank accounts held jointly or severally by amrapali aadya trading & investment pvt.ltd. and aadya commodities pvt.ltd. and mr.sanjeeva kumar sinha except for the purpose of payment of money to clients/investors under written confirmation of concerned stock exchanges
Directed banks to ensure that no debits are made in bank accounts held jointly or severally except for the purpose of payment of money to clients/investors under written confirmation of concerned stock exchanges
Directed banks, depositories, registrar and transfer agents to freeze bank accounts, demat accounts belonging to entities and not to allow transfer or redemption of securities of the entities
Directed board and its subsidiaries to extend all necessary assistance and authorization to law firm
Directed BSE and NSE to closely monitor entire delisting process of astrazeneca pharma india ltd.
Directed BSE and NSE to closely monitor entire delisting process of astrazeneca pharma india ltd. and allow delisting of shares only after satisfying themselves
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 and NSE to promptly report any aberrations noticed in delisting process of astrazeneca pharma india ltd.
Directed BSE to appoint forensic auditor to examine books of accounts of the company
Directed BSE to appoint independent auditor/audit firm to conduct detailed forensic audit of books of accounts of cg power & industrial solutions ltd.for F.Y.2015-16 onwards till date
Directed BSE to examine dealings of chimanlal maneklal securities pvt.ltd. in scrip of cals refineries ltd.
Directed BSE to facilitate valuation of shares to be purchased and compulsorily delist company, if public shareholding reduces below minimum level
Directed BSE to impound the auction and close out proceeds
Directed BSE to submit forensic audit report (including all annexures) along with its recommendation within 15 days from date of receipt of forensic audit report
Directed BSE, NSE, NSDL and CDSL to ensure that directions issued vide order are strictly enforce
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 guarantees
Directed calcutta stock exchange to take action against noticees in terms of instructions as per SEBI circular
Directed company to adopt standard accounting practices
Directed company to call back icds and/or other amounts and deposit the same in an interest bearing escrow account
Directed company to call back Rs.20.40 crores from the entities to whom IPOs proceeds were found to have been diverted
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 that no debit shall be made without permission of SEBI
Directed depositories to closely monitor activities as depository participant
Directed depositories to ensure that no debits and credits made in demat accounts
Directed depositories to ensure that no debits and/or credits made in demat accounts, held jointly or severally, of entities and persons
Directed depositories to freeze demat accounts of directors and compliance officer and disclose to stock exchanges
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 extinguish/ cancel them
Directed exchanges and/or clearing corporations and/or depositories to appoint forensic auditor to track misuse of client's funds/securities and to identify net assets/liabilities
Directed exchanges to deal with complaints/claims of clients against member and return amount of client fund and securities to clients
Directed exchanges to initiate a process of verifying the credentials/fundamentals of such companies on verification, if exchanges do not find appropriate credentials / fundamentals about existence of the company, exchanges shall initiate the proceeding for compulsory delisting against the company, and the said company shall not be permitted to deal in any security on exchange platform and its holding in any depository account shall be frozen till such delisting process is completed
Directed forensic auditor/audit firm to submit report to BSE within three months from date of order
Directed income tax department to take necessary actions in matter of pyramid saimira theatre ltd.
Directed investors/unit holders who do not exercise their option for in specie distribution, to be given exit on basis of nav determined as per directions
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 listed companies and intermediaries registered with SEBI to not to engage for issuing any certificate with respect to compliance of statutory obligations
Directed listed companies and intermediaries registered with SEBI to not to engage any audit firm associated with c.b.moulli & associates to issue any certificate with respect to compliance of statutory obligations
Directed listed companies and intermediaries registered with SEBI to not to engage any audit firm wherein k.p.joshi related/associated directly or indirectly for issuing any certificate with respect to compliance of any statutory obligations
Directed listed companies and intermediaries registered with SEBI to not to engage for company secretarial services or any audit firm associated
Directed listed companies and intermediaries registered with SEBI to not to engage lakshmi purna & associates to issue certificate with respect to compliance of statutory obligations with SEBI
Directed not a �fit and proper person� to hold any position in management and board of any association/commodities exchange recognised by govt.of india/fmc/SEBI
Directed not hold any position, either directly or indirectly in or be associated, directly or indirectly, with any stock exchange, clearing corporation, depository, recognized or registered by SEBI and/or in any intermediary registered with SEBI or any of their related entities
Directed not to accept any payments made through growpital or on behalf of growpital
Directed not to act upon resolution of its board of directors pertaining to bonus issue
Directed not to be associated with any FII or sub-account or any registered entity of SEBI
Directed not to be associated with any listed company or company proposing to list, or any registered intermediary, whether in capacity of directior, key management personnel or partner
Directed not to be associated with any telecom service provider, in any manner, providing services to any of the stock exchange, clearing corporation, depository recognized or registered by SEBI and/or any intermediary registered with SEBI, or their related entities
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 buy, sell or deal in securities of thier own companies and thier listed group companies, in any manner
Directed not to buy, sell or otherwise deal in securities (including units of mutual funds) either directly or indirectly or associate themselves with securities market any listed company or company intending to raise money from public in any manner whatsoever
Directed not to collect any fresh money from the investors under its existing schemes
Directed not to collect any money from the investors
Directed not to collect money from new investors or any additional sum of money from existing investors under its existing schemes
Directed not to deal in securities or instrument exchangeable or convertible into securities, directly or indirectly, in any manner whatsoever
Directed not to deal in securities or instrument with indian securities as underlying, in any manner whatsoever
Directed not to debit bank accounts/demat accounts, held jointly and severally except for refund and after confirmation from concerned stock exchange
Directed not to directly and through any entity controlled by them (either directly or indirectly) hold any shares in any association/commodities exchange recognised or registered by govt.of india/fmc/SEBI in excess of 2% of total issued capital of such association/exchange
Directed not to directly or indirectly issue any certificate of audit and render any other auditing services including issuances of certificates of compliances, whatsoever to any listed companies and intermediaries registered with SEBI
Directed not to directly or indirectly issue any certificate of audit of listed companies, compliance of listed companies and intermediaries registerd with SEBI
Directed not to directly or indirectly issue any certificate of audit of listed companies, compliance of obligations of listed companies and intermediaries registered with SEBI and requirements under SEBI act, 1992, SCRA 1956, the depository act, 1996 and Companies Act 2013
Directed not to directly or indirectly provide company secretarial services to any listed company or offer services pertaining to compliance of obligations of listed companies and intermediaries registered with SEBI
Directed not to dispose of or alienate any assets or divert any funds except for facilitating recovery
Directed not to dispose of or alienate any assets, movable or immovable, or any interest or investment or charge in any of such assets without prior permission of SEBI
Directed not to dispose of or alienate any assets, movable or immovable, or to create or invoke or release any interest or charge in any of such assets without prior permission of NSE and bse
Directed not to dispose of or alienate any of its assets/properties/securities till such time the amount of Rs.8.11 crores credited to escrow account
Directed not to dispose of or alienate any of their assets / properties / securities, till such time unlawful gains are credited to escrow account
Directed not to dispose of or alienate any of their assets/properties/ securities
Directed not to dispose of properties/assets owned or acquired without prior permission of SEBI
Directed not to dispose of, alienate or encumber any assets / properties
Directed not to dispose of, alienate or encumber any assets or divert any funds raised from public either through offer and allotment of non-convertible redeemable preference shares
Directed not to divert any funds except to meet expenses of day-to-day business operations without prior permission of SEBI
Directed not to divert any funds raised from investors
Directed not to divert any funds raised from investors , kept in bank account (s) and / or in the custody of hbj capital or its directors and hbj capital llp and its disignated partners
Directed not to divert any funds raised from its existing clients / investors
Directed not to divert any funds raised from public at large kept in bank account and/or in the custody of the company
Directed not to divert any funds raised from public either through offer and allotments of preference shares and/or allotment of debentures
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 float any new company/ies/proprietorship firms / entities to solicit or undertake unregistered investment advisory activities or any other unregistered activities in securities market
Directed not to give effect to transfer of any shares acquired and held by preferential allottees in preferential allotment
Directed not to hold any position, either directly or indirectly in management and/or or board of or be associated, directly or indirectly, with any stock exchange, clearing corporation, depository recognized or registered by SEBI and/or in any intermediary registered with SEBI or any of their related entities
Directed not to hold any position, either directly or indirectly in or be associated, directly or indirectly, with a company listed in any of the stock exchange recognized by SEBI
Directed not to hold any position, either directly or indirectly with any stock exchange, clearing corporation, depository recognized or registered by SEBI and/or in any intermediary registered with SEBI or any of their related entities
Directed not to hold any position, either directly or indirectly, in or be associated, directly or indirectly, with any stock exchange, clearing corporation, depository recognized or registered by SEBI and/or in any intermediary registered with SEBI or any of their related entities
Directed not to hold position as director in any listed company
Directed not to hold position of director in board of any listed company
Directed not to hold, any position in management and/or in the board of any stock exchange and/or clearing corporation, recognized by SEBI or any related entity of any recognized stock exchange and/or clearing corporation, or be associated in any manner, directly or indirectly, with any intermediary registered with SEBI or their related entity and/or with any company having its securities listed on any stock exchanges recognized by SEBI
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 equity shares or any other instrument convertible into equity share or any other security
Directed not to issue equity shares or any others instrument convertible into equity shares or alter their capital structure in any manner
Directed not to issue further shares or alter its share capital in any manner
Directed not to launch any new product
Directed not to launch any new schemes
Directed not to liquidate existing holding of securities including units of mutual funds
Directed not to mobilize funds from public and/or invite subscription, in any manner either directly or indirectly
Directed not to mobilize funds from public or offer any portfolio management services
Directed not to offer, directly or indirectly, any new telecom services in any manner to any of the stock exchange, clearing corporation, depository recognized or registered by SEBI and/or any intermediary registered with SEBI or their related entities
Directed not to proceed with open offer formalities pursuant to public announcement
Directed not to proceed with the public issue
Directed not to promote any new company to mobilize fresh funds
Directed not to provide any services to and/or be associated in any manner and in any capacity, directly or indirectly, with any stock exchange, clearing corporation, depository, recognized or registered by SEBI, and/or with any intermediary registered with SEBI or their related entities and/or with any company listed in any of stock exchanges recognized by SEBI
Directed not to reissue forfeited shares or bonus shares
Directed not to sell/dispose of/dilute shareholding in company, held directly or indirectly through family members or through companies in which they or their family members directors
Directed not to solicit or undertake any fresh advisory business
Directed not to solicit or undertake investment advisory activities or any other unregistered activities in securities market through any companies / proprietorship firms / entities
Directed not to take new subscription from investors (including existing investor in systematic investment plans (sip) / systematic transfer plans (stp) and not to charge any penalties / loads for not depositing installments
Directed not to take new assignments as investment manager
Directed not to take new assignments as trustee of alternative investment fund of any category
Directed not to trade or transfer shares of gccl infrastructure & projects ltd.
Directed not to undertake any act in furtherance of framework agreement
Directed not to undertake either directly or indirectly as investment advisory services or any activity in securities market from date of order
Directed not to undertake either directly or indirectly investment advisory services and/or research analyst activity in securities market without obtaining certificate of registration from SEBI
Directed not to use term �investment adviser� directly or indirectly in any manner whatsoever on letter-head, website, signage board or otherwise
Directed not to use the funds for any other lines of business (including for deployment towards its residual business i.e.animal nutrition and cattle feed business)
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 NSE to appoint independent auditor/audit firm to conduct detailed forensic audit of books of accounts of company to confirm mis-utilization of IPOs proceeds
Directed NSE to appoint independent auditor/audit firm to conduct detailed forensic audit of books of accounts of tree house for F.Y.2011-12 onwards
Directed NSE to initiate enquiry under its employees regulations against mr.mahesh soparkar and mr.deviprasad singh and submit report to SEBI within six month from date of this order
Directed present directors of pentamedia graphics ltd. to take appropriate steps for compliance of directions by pentamedia graphics ltd.
Directed promoters of astrazeneca pharma india ltd. to finally purchase shares from public shareholders in delisting offer only after seeking approval of BSE and nse
Directed promoters to buy back shares from allottees/shareholders
Directed promoters to give option to allottees/shareholders to exit the company
Directed promoters/promoter group of hotel leela ventures ltd. not to participate in aforementioned voting process
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 registrar and transfer agents to ensure that not transferred securities held jointly or severally
Directed registrar and transfer agents to ensure that securities (including mf units) in physical form not to transfer /redeem without confirmation of concerned stock exchanges
Directed stock exchanges not to approve listing of convertible warrants and shares issued on conversion
Directed stock exchanges, banks and depositories to ensure compliance of the directions
Directed that equity shares acquired by promoter would be eligible for computation of promoter's contribution
Directed that none of the intermediaries registered with SEBI shall deal with pan asia advisors ltd.and mr.arun pancharia in any capacity with regard to or in connection with dealing of securities as defined in indian market
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 that the open offer made vide public announcement dated 11/07/2009 for acquisition of shares of iag company ltd. to be taken in terms of SEBI takeover code, 1997
Directed that the shares held by the promoters and directors in such listed companies shall be allowed to be transferred by depositories only upon verification by concerned exchanges and they shall not be allowed to transact in the security except to buy securities in the said listed company until verification of credential / fundamental by exchanges is completed
Directed that the trading in all such listed securities shall be placed in stage vi of the graded surveillance measure (gsm) with immediate effect. if any listed company out of the said list is already identified under any stage of gsm, it shall also be moved to gsm stage vi directly
Directed to abide strictly by stipulations on advertisements by mutual funds, issued by SEBI
Directed to accept refund claims/requests from the public
Directed to adhere with minimum public shareholding (mps) taking into account the entities found to be promoters
Directed to appoint a merchant banker to file a report of compliance of disinvestment of 1,34,905 shares of heritage foods (india) ltd.
Directed to appoint at least one independent director on board of directors of each of its material subsidiaries as required under regulation 24(1) of SEBI (lodr) regulations, 2015
Directed to appoint company secretary and constitute audit, nomination and remuneration committee
Directed to appoint independent law firm
Directed to appoint merchant banker for disinvestment of 6,06,000 (9.42%) shares of iag co.ltd.
Directed to attach bank accounts
Directed to bring back of Rs.1.38 crore
Directed to bring back outstanding usd 47.44 mn into its bank account in india
Directed to bring back outstanding usd 72.20 mn into its bank account in india
Directed to bring back outstanding usd 8.90 mn into its bank account in india
Directed to bring back Rs.2,13,47,647.00 to the company which were diverted in guise of repayment of loans to handful investrade pvt.ltd., shree nath commercial & finance ltd. and anmol finance co.
Directed to bring back usd 14.50 mn into its bank account in india
Directed to bring back usd 2.27 mn which was diverted to seazun ltd. within three months from date of order
Directed to bring back/recover IPOs proceeds Rs.1171.99 lacs from group/associate entities
Directed to brought down shareholding and voting rights of uti AMC and uti trustee below 10% on or before 31/12/2020
Directed to buy 1.30 crore shares of dsq software ltd. and retain it in separate demat account
Directed to call back Rs.23.46 crores and Rs.11.15 crores mis-utilized / diverted
Directed to cease & desist and not to solicit or undertake CIS activities or any other activities in securities market, directly or indirectly, in any manner whatsoever
Directed to cease & desist from acting as an investment advisor and/or alternative investment fund and cease to solicit or undertake such activities or any other unregistered activities in securities market, directly or indirectly, in any manner whatsoever
Directed to cease & desist from acting as an investment advisor and/or research analyst and cease to solicit or undertake such activities or any other unregistered activity in securities market, directly or indirectly, in any manner whatsoever
Directed to cease & desist from acting as portfolio manager and not to solicit or undertake such activities or any other activity in securities market, directly or indirectly, in any manner whatsoever
Directed to cease & desist from bidding in objectionable manner
Directed to cease & desist from dealing in shares by heavy purchases on IPOs listings to artificially create demand
Directed to cease & desist from directly or indirectly, engaged in fraudulent, manipulative or unfair trade practice including front running activities
Directed to cease & desist from disseminating news or messages in any form related to securities market, by any means whatsoever
Directed to cease & desist from floating any collective investment schemes (cis), directly or indirectly, in any manner whatsoever
Directed to cease & desist from giving misleading recommendations in any public accessible media
Directed to cease & desist from holding out registered intermediaries to deal in securities market and cease to solicit or undertake such activities or any other unregistered activities in securities market, directly or indirectly, in any manner whatsoever
Directed to cease & desist from offering new investment advisory services to its existing clients for which fresh payment is required to be made by the clients
Directed to cease & desist from soliciting/acquiring fresh clients for investment advisory services, directly or indirectly
Directed to cease & desist from sponsoring and/or carrying out activities of mutual fund, including activity of representing through any media (physical or digital) schemes for collection of funds directly or indirectly, in any manner whatsoever
Directed to cease & desist from undertaking any activity in securities market including activity of acting and representing through any media (physical or digital) as an investment advisor, directly or indirectly, in any manner whatsoever
Directed to cease & desist from undertaking any activity in securities market including activity of acting and representing through any media (physical or digital) as portfolio manager, directly or indirectly, in any manner whatsoever
Directed to cease & desist from undertaking any activity in securities market, directly or indirectly, in any manner whatsoever
Directed to cease & desist from undertaking fraudulent activities, directly or indirectly, and to conduct themselves in strict compliance with norms under ia regulations
Directed to cease & desist with epic or any other investment advisers, from commission or omission of any activity amounting to fraud
Directed to cease and desist from acting as an investment adviser
Directed to cease and desist from acting as or holding themselves out to be investment advisors, whether using �baap of chart� or otherwise
Directed to cease and desist from carrying on unauthorized advisory activity
Directed to cease to solicit or undertake investment advisory activities or any other activity in securities market, directly or indirectly, in any manner whatsoever
Directed to cease to solicit or undertake portfolio manager activities or any other activity in securities market, directly or indirectly, in any manner whatsoever
Directed to cease to solicit or undertake sponsoring and/or carrying out activities of mutual fund, in securities market, directly or indirectly, in any manner whatsoever
Directed to cease to solicit or undertake such activity as collective investment schemes (cis), in any manner whatsoever
Directed to change composition of board of trustees
Directed to collect balance consideration from noticees NO.2 to 8 and 10
Directed to communicate order to complainants whose complaints pending resolution
Directed to compensate unit trust of india to the extent of Rs.3.04 crores
Directed to complete entire process of winding up of scheme of fund and providing exit to investors/unit holders
Directed to complete pending dematerialisation requests
Directed to comply with clause 40A of listing agreement read with section 21 of securities contracts (regulation) act, 1956
Directed to comply with rule 19A of securities contracts (regulation) rules, 1957
Directed to conduct internal enquiry and initiate appropriate action and submit action report
Directed to conduct internal inquiry into the leakage of unpublished price sensitive information relating to its financial results and directed to take appropriate action against responsible persons
Directed to conduct secretarial audit to identify actual shareholders and reconcile their records
Directed to continue to pursue the measures of bring back outstanding usd 11,463,211.63 into its bank account in india
Directed to continue to pursue the measures of bring back outstanding usd 24,322,413.20 into its bank account in india
Directed to continue to pursue the measures of bring back outstanding usd 3.49 mn. into its bank account in india
Directed to continue to pursue the measures of bring back outstanding usd 31,999,589.86 into its bank account in india
Directed to continue to pursue the measures of bring back outstanding usd 4.95 mn. into its bank account in india
Directed to continue to pursue the measures of bring back outstanding usd 6,260,183 into its bank account in india
Directed to continue to pursue the measures of bring back outstanding usd 6.05 mn.
Directed to continue to pursue the measures recover outstanding Rs.397.12 crore (approx.) alongwith interest from rhc holding pvt.ltd., mr.malvinder mohan singh, mr.shivinder mohan singh, malav holdings pvt.ltd., shivi holdings pvt.ltd., best, fern and modland
Directed to continue to pursue the measures to recover the amount due alongwith interest
Directed to continue with composition of board of company as it was in existence prior to egm dated 08/05/2021
Directed to co-operate with competent authority in making repayment/refunds to investors/depositors/purchasers of land under unregistered CIS
Directed to cooperate with NSE in refund of funds and securities of the clients of karvy stock broking ltd.
Directed to co-operate with SEBI and furnish all information/documents in connection with offer and allotment of non-convertible redeemable preference shares
Directed to credit amounts to escrow account in nationalised bank
Directed to credit/deposit wrongful gains into interest bearing escrow accounts or saving accounts within fifteen days from date of order and amount not to be released without permission from SEBI
Directed to deactivate account with payment gateway payumoney/phonepe/paytm etc.
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 collected by issuance of ofcds along with interest @ 15% p.a.
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 remaining balance amount with SEBI to be kept in escrow account
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.1292.46 crores in interest bearing special escrow account in nationalised bank
Directed to deposit Rs.25,000 in investor protection fund
Directed to deposit wrongful gains in escrow account
Directed to desist from entering into matched transactions
Directed to determine nav of the scheme of the fund based on valuation reports by adopting higher of valuation arrived at in two valuation reports
Directed to discharge all the obligations, as required under SEBI (investment adviser) regulations, 2013 towards existing clients in respect of investment advisory services
Directed to disclose updated status of all undisclosed material events/information to stock exchanges within fifteen days from date of receipt of this order
Directed to disgorge
Directed to disgorge 25% of salary drawn for FY.2010-11 to 2012-13 to ipef within 45 days from date of this order
Directed to disgorge 25% of salary drawn for FY.2013-14 to ipef within 45 days from date of this order
Directed to disgorge unlawful gains alongwith interest @12% per annum from january 07, 2009 till the date of payment
Directed to disgorge unlawful gains within 45 days from date of order either by way of demand draft
Directed to disinvest 1,34,905 shares of heritage foods (india) ltd.
Directed to disinvest 146 shares of kaycee industries ltd. through sale to parties not connected / related in small lots on BSE within three months and transfer entire proceeds to investor protection and education fund
Directed to disinvest 27,633 shares of sarla performance fibres ltd. through sale to parties not connected / related to them in small lots in trenches on BSE and NSE ensuring that such sale does not disturb market equilibrium
Directed to disinvest 41,96,790 shares of bheema cements ltd. and transfer the profits, if any, to investor education and protection fund of SEBI
Directed to disseminate standalone financial statements of each of its subsidiaries on its website for period between FY.2014-15 and FY.2021-22 as required under regulation 46 OF SEBI (lodr) regulations, 2015 within fifteen days from date of this order
Directed to divest equity shares and / or any instrument that provides for equity shares or rights over equity shares at any future date, held by it, directly or indirectly, in mcx-sx, mcx-sx ccl, dse, vse and nseil within 90 days from date of this order through sale of shares and / or instruments
Directed to ensure appointment of mr.anil thapar, mr.sanjeev krishna sharma and mr.yogendra kumar gupta as independent directors on the board of company pursuant to egm dated 08/05/2021 not to be further acted upon and to be kept in abeyance
Directed to ensure compliance of directions of call back of Rs.23.46 crores and Rs.11.15 crores
Directed to ensure compliance of the directions issued by SEBI
Directed to ensure compliance with lodr regulation by disclosing voting results of agm to stock exchanges
Directed to ensure compliance with regulation 7B of mf regulations regarding board composition on or before 31/12/2020
Directed to ensure p.murali & co. and pcn & associates including their past and present partners are not engaged with brightcom group ltd. or its subsidiaries in any capacity or manner whatsoever
Directed to ensure shareholding of promoters/promoter group in the companies not altered in any manner
Directed to ensure strict adherence of direction by the compliance officer
Directed to ensure that the scheme of fund wound up by providing exit to its investors/unit holders
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 extend necessary co�operation to forensic auditor/audit firm appointed and furnish all information/documents sought
Directed to extend necessary co�operation to independent auditor/audit firms appointed and furnish all information/documents
Directed to file a report detailing changes to consolidated financial statements for f.y. 2021-22 and its impact within one month from date of this order to stock exchanges
Directed to file a report of resolution of complaints
Directed to file certificate of completion of process with SEBI from two independent peer reviewed chartered accountants
Directed to file compliance report to SEBI within fifteen days from expiry of three months
Directed to file compliance report with SEBI, with details of restoration/recovery of IPOs proceeds with interest from group entities
Directed to file public disclosure to stock exchanges within seven days from date of receipt this order
Directed to file public disclosure to the stock exchanges as well as publish on company�s website the contents of this order-cum-show cause notice within three days from date of receipt this order
Directed to file quarterly report with NSE/board of coffee day enterprises ltd., detailing progress in recovery process
Directed to file report certified by chartered accountant declaring that all the investors of scheme have been provided exit and scheme of fund stands wound up and report to be filed within three weeks after completion of the exit and repayment to investors/unit holders of scheme
Directed to file statements on impact of audit qualifications in prescribed format to stock exchanges within two weeks from date of order
Directed to forfeit excess leave encashment of Rs.1.54 crore and deferred bonus of Rs.2.83 crores of ms.chitra ramkrishna and deposit the same to investor protection fund trust within six days
Directed to freez of voting rights and corporate benefits like dividend, rights, bonus shares, split, etc. with respect to excess of proportionate promoter / promoters group shareholding
Directed to freeze all demat accounts wherein equity shares allotted under preferential offer were lying
Directed to freeze bank accounts
Directed to freeze demat account of a specified scrip
Directed to freeze demat accounts
Directed to freeze existing holding of securities, including units of mutual funds
Directed to furnish all information/documents in connection with offer and allotment of secured redeemable debentures
Directed to furnish all information/documents to forensic auditor/SEBI
Directed to furnish bank guarantee of a minimum tenor of one year for usd 33.93 million in name of SEBI without using funds of zenith infotech ltd. or creating charge on assets of zenith infotech ltd.
Directed to furnish bank statements of secure success plan, present asset under management, break up of aum under various asset classes, clients availing various schemes offered by them, such as name, joining date, name of scheme, end date, kyc particulars etc., client-wise detials of fund mobilized till date
Directed to furnish break up of aum under various asset classes
Directed to furnish certificate from peer reviewed chartered accountants alongwith necessary documentrary evidences to SEBI
Directed to furnish client-wise details of funds mobilized
Directed to furnish complete details, information, documents, etc. sought by SEBI
Directed to furnish compliance report to SEBI duly certified by independent SEBI registered merchant banker within two weeks of the date of compliance
Directed to furnish copies of llp agreements
Directed to furnish details of assets and properties owned directly or indirectly
Directed to furnish details of clients availing various schemes offered by them, such as names, joining date, name of scheme, end date and kyc particulars etc.
Directed to furnish details of present asset under management (aum) of each of services offered by hbj capital llp from date of initation
Directed to furnish details of various services offered by company / llp
Directed to furnish of demat accounts statements
Directed to furnish report to SEBI duly certified by chartered accountant resolved all complaints
Directed to furnish weekly statement of debits/credits/balance in special escrow account commencing from 30/10/2020 till completion of forensic audit
Directed to honour their commitment relating to conversion of warrants
Directed to immediately remove all contents from its website and display only content in its website that SEBI has passed vide its order
Directed to immediately withdraw and remove all advertisements, representations, literatures, brochures, materials, publications, documents, communications etc. physical or digital in relation to their scheme product b (teak) or any other unregistered activitiy in securities market
Directed to immediately withdraw and remove all advertisements, representations, literatures, brochures, materials, publications, documents, website, etc. in relation to portfolio management activities in securities market
Directed to immediately withdraw and remove all advertisements, representations, literatures, brochures, materials, publications, documents, website, etc. in relation to those schemes / activities (investment adviser and alternative investment fund, and/or research analyst) or any unregistered activities
Directed to immediately withdraw and remove all websites, advertisements, representations, literatures, brochures, materials, publications, documents, communications etc. in relation to unregistered CIS activities or any other unregistered activity in securities market
Directed to implement necessary corrective measures to ensure that violations observed are not repeated
Directed to impound bank accounts
Directed to impound financial assets
Directed to inform and update SEBI within seven days of cessation/lifting/revocation of moratorium by nclt
Directed to initiate adjudication proceedings
Directed to initiate steps to recall all the loans of Rs.2315.09 crores (approx.) either directrly or indirectly along with due interest within three months from the date of this order
Directed to issue newspaper publication in one national daily (english and hindi) and in one local daily
Directed to issue public notice, in all editions of two national dailies in connection with the refund of money
Directed to keep Rs.6,00,11,512.00 in escrow account jointly and severally within 30 days from this order
Directed to kept valuation reports for inspection by shareholders of hotel leela ventures ltd.
Directed to liquidate investments and return the proceeds to its investors
Directed to list equity shares of the company on a stock exchange having nationwide terminals
Directed to make all material disclosures including litigation relating to claim of aai with respect to hotel leela ventures ltd., mumbai in postal ballot notice and in financial statements in annual report
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 proper and complete disclosure
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 make refund Rs.1,01,04,54,392.00 along with interest @ 8% p.a. from 25/08/2009 till date of payment, within three months to abg shipyard ltd.
Directed to make refund through banking channels such as demand draft and/or pay order and/or electronic mode of transfer
Directed to modify terms of its trust deed which are inconsistent with provisions of alternate investment funds regulations and circulars issued thereunder and submit duly modified trust deed to SEBI, alternative investment fund and foreign portfolio investors department
Directed to obtain two separate valuations of all remaining assets of scheme of fund from two independent and/or registered valuers
Directed to open escrow account with a nationalised bank jointly or severally and deposit impounded amount to be proceeds generated from front running trades without permission from SEBI
Directed to open escrow account with a scheduled bank and deposit the amount and use only for the purpose of refund to clients/investors
Directed to open escrow account with nationalised bank and transfer/deposit entire outstanding amount payable to investors
Directed to open escrow account with nationalised bank jointly or severally and deposit impounded amount
Directed to open interest bearing escrow account with a scheduled commercial bank and deposit the impounded amount therein in the matter of to be proceeds generated from front running trades without permission from SEBI
Directed to open interest bearing escrow account with scheduled commercial bank and deposit impounded amount within fifteen days from date of order and amount not to be released without permission from SEBI
Directed to pay balance consideration to secunderabad healthcare ltd.
Directed to pay interest @ 10% p.a. along with consideration amount from 12/03/2017 to date of payment of consideration to shareholders
Directed to pay interest @ 10% p.a. along with consideration amount from 26/09/2019 to date of payment of consideration to shareholders
Directed to pay interest on application monies @15% per annum and interest thereon @9% per annum in a maximum of seven quarterly installments through registrar to the issue
Directed to pay Rs.77.62 crore along with simple interest @18% p.a. for the delayed payment of dividend cainuk holdings ltd.
Directed to pay turnover fee
Directed to place a copy of the order on website and also send copy of the order to all the clients through email
Directed to place copy of order before its audit committee and undertake examination of its consolidated financial statements for the period 2014-15 to 2021-22
Directed to place copy of the order before its board of directors
Directed to place every annual general meeting updated detailed report on recovery process undertook by noticee and its subsidiaries
Directed to prominently display contents of this order on all websites and other media through conduct research analyst business
Directed to provide 30 days from the date of advertisement to contributors/investors for submitting any claim/complaint
Directed to provide all information regarding amount mobilized including names of debenture holders and their addresses, number of srncds issued, promised maturity amount with date of maturity, amount refunded and date thereof during F.Y.2012-2016
Directed to provide all information regarding repayment made including name of debentures holder, address, amount mobilized, number of non-convertible redeemable secured debentures issued, promised maturity amount with date of maturity, amount refunded and date thereof
Directed to provide all necessary & relevant information in respect of schemes �advance against product purchase� and �advance from customer-land� within 15 days from date of order
Directed to provide certificate from chartered accountant in panel of any public authority or public institution
Directed to provide complete details of all refunds made to investors in respect of offer and allotment of rps
Directed to provide complete details of all rps or any other securities issued by company after 31/07/2013
Directed to provide detailed report to SEBI including details of end-to-end utilization of content advances paid to �content advances entities� within thirty days from the date of passing of order
Directed to provide details of all bank accounts held individually or jointly
Directed to provide details of each of sale transactions including asset sale transaction and additional ip transaction with specific information identifying transactions between company & brookfield and promoters & brookfield including amounts involved therein under separate tables with split consideration amounts for each head
Directed to provide exit opportunity to other shareholders of target company
Directed to provide exit to investors/unit holders first by offering option to existing investors/unit holders to take exit by way of in specie distribution of interest/rights/stakes/shares, etc. in investee companies/projects
Directed to provide full inventory of assets (including assets under possession of receiver appointed by hon'ble high court of bombay) movable or immovable, or any interest or investment or charge in any of such assets, including details of all banks & demat accounts and/or mutual funds investments
Directed to provide full inventory of assets owned by company
Directed to provide full inventory of assets, movable or immovable, or any interest or investment or charge in any of such assets, including details of all banks & demat accounts and/or mutual funds investments
Directed to provide information of date of issuance of ncd to vithl, dates on which transfers were done, including number of debenture holders, name of debenture holders, address, amount mobilized and number of debentures issued
Directed to provide list of investors, their address, telephone no. and amount collected from each invetors
Directed to provide pan details along with reply
Directed to provide pan no.and/or din of directors
Directed to provide valuation of both asset sale transaction and additional ip transaction including the methods adopted by company
Directed to publish on stock exchanges platform, the statement showing correct shareholding pattern as required under regulation 31 of SEBI (lodr) regulations 2015
Directed to put to vote asset sale transaction of company along with additional ip transaction of promoters/promoters� affiliates (excluding �related party transaction� involving transfer of �jamavar� trademark) by hotel leela ventures ltd. before its shareholders
Directed to recall outstanding amount of usd 38.50 million and bring back money into its bank account in india
Directed to reconcile and file correct shareholding details with stock exchanges
Directed to recover usd 10.39 million from clifford capital partners a.g.s.a. and bring back money into its bank account in india
Directed to recover usd 27.244 million from clifford capital partners a.g.s.a. and bring back money into sml�s bank account in india within three months from date of order
Directed to recover usd 6.64 million from clifford capital partners a.g.s.a. and bring back money into abl�s bank account in india within three months from date of order
Directed to redress investor grievances
Directed to refund a part of investment management and advisory fees collected from unitholders along with simple interest @15% p.a. from date of maturity
Directed to refund all the monies to investors along with income, profits or returns promised under the schemes
Directed to refund entire amount Rs.595 crores collected through issuance of 59.50 crores equity shares alongwith interest @15% per annum from date of receipt of money
Directed to refund investment management and advisory fees
Directed to refund money collected as fees, charges or commissions
Directed to refund money collected in public issue
Directed to refund money collected through allotment of optionally fully convertible debentures alongwith interest @15% per annum
Directed to refund money collected through allotment of shares alongwith interest @15% per annum from date of receipt of money
Directed to refund money collected through issuance of redeemable cumulative preference shares (rcps) alongwith interest @15% per annum
Directed to refund money collected through issuance of redeemable preference shares (rps) including application money alongwith interest @15% per annum
Directed to refund money collected towards allotment of non-convertible debentures alongwith interest @15% per annum
Directed to refund money collected towards subscription of convertible preference shares alongwith interest @15% per annum
Directed to refund money received from clients/investors/complainant as fees or consideration or in any other form in respect of unregistered investment advisory activities
Directed to refund money to the investors
Directed to refund the money raised, to debenture holders with interest @10% within a period of two weeks from date of this order
Directed to relinquish office of president of the exchange
Directed to remit advance amount along with interest
Directed to remit disgorged amount to investor protection & education fund (ipef)
Directed to remove all reference made through any media (physical or digital) regarding holding itself as portfolio manager and expected returns from services/products offered
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 repay Rs.403 crores (approx.) along with due interest to fortis health care ltd. jointly and severally
Directed to repay/refund to investors / clients money with interest @15% p.a. from the date of repayment due till the date of actual payment
Directed to resign from the board
Directed to resolve all pending complaints
Directed to resolve the grievances and submit status report to SEBI
Directed to retain funds/other assets to the extent of receivables shown as outstanding to cg power & industrial solutions ltd.
Directed to retain impounded sale proceeds and not to utilize it in any manner
Directed to return funds Rs.1094.19 crore to karvy stock broking ltd.
Directed to return funds Rs.348.76 crore to karvy stock broking ltd.
Directed to return money to its clients received as fees or in any other form in respect of unregistered investment advisory services
Directed to return Rs.33.83 crores with interest @12% p.a. w.e.f. 01/04/2011 within one year from date of order
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 sell their shares of vas infrastructure ltd. acquired in violation of regulation 11(1) of SAST regulations, 1997, in excess of 5% and deposit the proceeds in investor protection & education fund (ipef) of SEBI within three months from the date of this order
Directed to separately put to vote by hotel leela ventures ltd. before its shareholders additional ip transaction concerning �related party transaction� involving transfer of jamavar� trademark
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 square off or close out their existing open positions in F&O segment
Directed to start adjudication proceedings under provisions of SEBI act, 1992 and SEBI (procedure for holding inquiry and imposing penalties by adjudication officer) rules, 1995 in matter of iag company ltd.
Directed to strengthen its processes/systems/controls ensure instances of leakage of unpublished price sensitive information do not recur in future
Directed to submit completion report of repayment to SEBI certified by independent chartered accountant
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 compliance report to SEBI
Directed to submit details of amount collected (year wise) from investors till dated
Directed to submit details of partners/investors (contact number, address and date of enrollment) who have contributed to zf project llps (now or in the past) through growpital or any other platform and to submit details of contributions received from each such partner/investor
Directed to submit details of repayment, if any made to investors, duly certified by an independent auditors
Directed to submit financial statements for the last three years audited from two independent peer reviewed chartered accountants
Directed to submit full details regarding scheme "fatal alttraction" including name, address and contact numbers of invetor who have been subscribed to scheme
Directed to submit information/documents as per SEBI letter dated 05/11/2012 & 20/12/2012, audited balance sheets for the period 2009-2010 to 2013-2014, information about amount raised and reconciliation of Rs.5.50 crore
Directed to submit list of clients and fee collected from them
Directed to submit name, address and contact numbers of investors who have been repaid & mode of repayment
Directed to submit name, addresses and contact numbers of investors who have been deposited money in his account
Directed to submit number and details of clients (contact number, address, date of enrollment) who have contributed to scheme product b (teak) and to submit details of contributions received from each such client/unit holder
Directed to submit number and details of clients who have availed portfolio management services and amount of fee collected as portfolio manager
Directed to submit number and details of clients who have availed their investment advisory services
Directed to submit repayment report to SEBI certified by two independent chartered accountants who are in panel of any public authority or public institution
Directed to submit report in regard to winding up of CIS and repayment of monies to SEBI in accordance to CIS regulations
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 submit statement of impact of non-compliances
Directed to take all necessary steps to recover the amounts due to company, which were extended, either directly or indirectly along with due interest and take necessary action, including legal actions, to safeguard of investors
Directed to take all steps to bring back balance amount of funds outstanding from wholly-owned subsidiary (wos) of company
Directed to take appropriate necessary steps to ensure compliance of the direction to bring back usd 2.27 mn
Directed to take appropriate steps for compliance of directions
Directed to take effective steps to classify shareholding in heritage foods (india) ltd.
Directed to take measures of bring back outstanding usd 13.679 mn. into its bank account in india
Directed to take necessary steps to recover entire dues
Directed to take necessary steps to recover the amount of Rs.403 crores (approx.) alongwith interest
Directed to take prior approval of SEBI for dealing with escrow account
Directed to take requisite steps to complete open offer to acquire target company electrotherm (india) ltd. within fifteen days from date of order
Directed to take requisite steps to complete open offer to acquire target company uniply industries ltd. within fifteen days from date of order
Directed to take steps to call back and return to shilpi cable technologies ltd. Rs.50.05 crore which were diverted/mis-utilized
Directed to take steps to ensure that trading information and other trade related details are not misused
Directed to take steps to resolve pending complaints and file statisfaction report to SEBI
Directed to transfer entire proceeds of sale of share to investor protection and education fund established under SEBI (investor protection and education fund) regulations, 2009
Directed to transfer Rs.158.68 crore alongwith interest @7% p.a. from 14/10/2019 to till date to interest bearing escrow account in any nationalized bank
Directed to undertake comprehensive overhaul of all its procedures and policies, especially its risk management policy
Directed to undertake measures of bring back outstanding usd 9.018 mn. into its bank account in india
Directed to undertake the measures of bring back or recover outstanding amount of gdr one and gdr two
Directed to undertake the measures of bring back or recover outstanding amount of proceeds of gdr issue
Directed to undertake the measures of bring back or recover outstanding rs. 29.42 crore of IPOs proceeds within one year
Directed to undertake the measures to bring back outstanding Rs.3.83 crore from notice NO.2 within one year
Directed to update aml, pmla policy as per SEBI master circular dated 15/10/2019 and appoint designated directors as per SEBI circular dated 12/03/2014 within three months
Directed to utilize assets only for the purpose of refund of money and/or delivery of securities
Directed to utilize assets of the entities only for the purpose of payment of money and/or delivery of securities, as the case may be, to clients/investors under the supervision of concerned stock exchange(s)
Directed to utilize funds raised in IPOs for the purposes disclosed in prospectus dated july 16, 2011
Directed to wind up CIS and refund money to the investors
Directed to wind-up scheme and refund the money collected under scheme to contributors/investors
Directed to withdraw advertisement of NFO of reliance infrastructure fund of reliance mutual fund
Directed trading members to do the due diligence on the basis of auditor�s certificate along with the documents, as mentioned in the order and submit a report to the exchange by august 31, 2017
Directed zee entertainment enterprises ltd. (zeel) to place the order dated 12/06/2023 before board of directors within seven days from the date of receipt of the order
Disposed off the case without any direction
Downgraded company's scrip from B-1 to z category
Filed criminal writ petition
Ftil and the entities in whom it indirectly holds equity shares or any instrument entitling voting rights in mcx-sx, mcx-sx ccl, dse, vse and nseil shall cease to be entitled to exercise voting rights in respect of those shares or instruments, with immediate effect
Granted period of three months for appointment of common share agency for demat and physical shares
Imposed fine
Imposed lock-in on shares allotted through conversion of warrants
Imposed penalty
Impounded sale proceeds accruing to vijay advertising pvt.ltd.
Imprisonment for three months
Initiated enquiry proceedings
Launched adjudication proceedings
Launched adjudication proceedings under section 15C of SEBI act
Launched criminal prosecution
Launched prosecution proceedings
Matter referred to income tax department to look into possible alternative pay-offs outside securites market
No action as benefit of doubt granted
Not available
Notice issued
Offence compounded
Order to be passed after personal hearing
Ordered for investigation
Permitted BSE and NSE to allow square off existing open positions in futures & options segment, if any, immediately and directed concerned stock exchanges to ensure that no fresh positions are created
Permitted to sell assets of company for sole purpose of making refunds and deposit proceeds in an escrow account opened with nationalised bank
Proclamation issued
Prohibited being associated with any intermediary or any entity registered with SEBI
Prohibited from accepting fresh/new clients
Prohibited from accessing securities market or from seeking listing for any equity shares
Prohibited from associating with any listed company or market infrastructure institution or any other market intermediary
Prohibited from being employed or associated with any registered intermediaries or other registered person
Prohibited from buying/selling or otherwise dealing in securities (including units of mutual funds) directly or indirectly or being associated with securities market in any manner
Prohibited from continuing with the present assignment as debenture trustee
Prohibited from dealing in equity derivatives in F&O segment of stock exchanges, directly or indirectly
Prohibited from dealing in the scrip of bhoruka financial services ltd.
Prohibited from directly or indirectly, issuing any certificate required under securities laws with respect to listed companies and intermediaries registered with SEBI
Prohibited from disposing of shares of brightcom group ltd. held by them directly or indirectly in any manner whatsoever
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 issuing prospectus or any offer document, or issue advertisement for soliciting money from public for issue of securities in any manner either directly or indirectly
Prohibited from launching any new debt scheme(s)
Prohibited from mobilizing or pooling funds from its clients, other general investors or public or any other unregistered activity, in whatever form
Prohibited from raising any further capital from securities market, in any manner whatsoever
Prohibited from raising any further capital in any manner, directly or indirectly
Prohibited from raising money from public
Prohibited from selling, transferring, directly or indirectly, assets, properties (immovable and movable) and holding of mutual funds/shares/securities held in demat and physical form
Prohibited from taking new clients as research analyst
Prohibited from taking up any new assignment as debenture trustee or involvement in any new issue of capital including ipo, follow-on issue
Prohibited from taking up any new assignment or contract or launch a new scheme
Prohibited from taking up any new clients and any new contracts including contracts from existing clients
Prohibited from transferring funds / deposits mobilised from the clients or other investors or from disposing of or alienating any asset that has been created from the funds/deposits received from their clients or other investors
Prohibited public companies in which this director has controlling/substantial interest to raise funds from capital market
Prohibited transfer of shares in any manner
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)
Reached settlement (consent order) (agreed voluntarily not to invest in listed securities (other than mutual fund))
Reached settlement (consent order) (agreed voluntarily to be debarred from issuing of new schemes for a period of one year)
Reached settlement (consent order) (agreed voluntarily to be restrained from accessing securities market including by issuing prospectus, offer document or advertisement soliciting money from public)
Reached settlement (consent order) (agreed voluntarily to be restrained from raising fresh capital for a period of one year)
Reached settlement (consent order) (agreed voluntarily to implement a policy of rotation of statutory auditors)
Reached settlement (consent order) (agreed voluntarily to lock-in of one year on five lac shares allotted pursuant to conversion of warrants allotted on preferential basis)
Reached settlement (consent order) (agreed voluntarily to undertake to extend exit offer by issuance of individual notices, under speed post, directly to the remaining public shareholders of ashoka viniyoga ltd. at the same exit price as was offered in 2019 in respect of artee viniyoga ltd.)
Reached settlement (consent order) (agreed voluntarily to undertake to extend exit offer by issuance of individual notices, under speed post, directly to the remaining public shareholders of sahu jain ltd. at the same exit price as was offered in 2019 in respect of camac commercial co.ltd.)
Reached settlement (consent order) (agreed voluntarily to undertake to extend exit offer for three months from date of settlement order by issuance of individual notices, under speed post, directly to the remaining public shareholders of combine holding ltd. at the same exit price as was offered in 2019 in respect of punjab mercantile & traders ltd.)
Reached settlement (consent order) (agreed voluntarily to undertake to provide another exit offer to its public shareholders after settlement order at same exit price as was offered in the offer given by it in 2019)
Reached settlement (consent order) after passing such exams/courses, will commit to pro bono community service of at least fourteen days over the next year
Reached settlement (consent order) take up and pass specific and appropriate training courses (specified by SEBI) at their own cost within next six months
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 commodity derivatives broker
Rejected application for registration as foreign institutional investor (FII)
Rejected application for registration as merchant banker
Rejected application for registration as stock broker
Rejected application for registration as stp service provider
Report to be taken on record
Respectively to audit or in case of unaudited results, to limited review starting from quarter ending march 31, 2023 as required under regulation 33(1)(H) of SEBI (lodr) regulations, 2015
Restrained and further prohibited from holding and occupying any managerial post or being associated directly or indirectly with any listed public company and/or any public company which intends to raise money from public or any intermediary registered with SEBI
Restrained directors from holding any new position as director in any listed company
Restrained from accepting loans/deposits from public for securities market
Restrained from accessing capital market and further prohibited from buying/selling or otherwise dealing in securities (including units of mutual funds) directly or indirectly or being associated with securities market in any manner, whatsoever, starting from date of this order till expiry of five years from date of bringing money back into ktl�s bank account and during this period existing holding of securities (including units of mutual funds) to remain frozen
Restrained from accessing capital market through public or rights issue
Restrained from accessing securities market and further prohibited from buying/selling or otherwise dealing in securities (including units of mutual funds) directly or indirectly or being associated with securities market including as director or key managerial personnel in listed company or intermediary registered with SEBI of any market infrastructure institution
Restrained from accessing securities market and further prohibited from buying/selling or otherwise dealing in securities and/or units of mutual funds directly or indirectly or being associated with securities market in any manner
Restrained from accessing securities market including by issuing prospectus, offer document or advertisement soliciting money from public for issue of securities in any manner either directly or indirectly
Restrained from acquiring any new clients
Restrained from acting as director in any listed company
Restrained from associated with any listed company and any public company as directors/promoters which intends to raise money from the public or any intermediary with SEBI
Restrained from associated with any other listed company or SEBI registered intermediary in any capacity including director or key managerial person directly or indirectly
Restrained from associating directly or indirectly, with any registered intermediaries including SEBI registered funds such as mutual funds, alternative investment funds, portfolio management services etc. which deal with investor�s money in any manner
Restrained from associating either directly or indirectly, with any intermediary or holding any controlling shareholding in any intermediary till such time freed by competent court of the charges alleged in FIR
Restrained from associating with any intermediary registered with SEBI or any listed entity or its material unlisted subsidiary
Restrained from associating with any listed public company and any public company which intends to raise money from public
Restrained from associating with any market infrastructure institution or any intermediary registered with SEBI
Restrained from associating with listed entity, a material subsidiary of listed entity or SEBI registered intermediary in any manner whatsoever
Restrained from being a member of audit committee any listed company
Restrained from being an independent director of any listed company
Restrained from disposing, selling or alienating its assets including effecting transactions agreed upon under framework agreement
Restrained from drawing down funds from investors for commitments already received
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 managerial position in any listed company
Restrained from holding any position of director or key managerial personnel in any listed company or any intermediary registered with SEBI and from associating with any listed public company or public company which intends to raise money from public or any intermediary registered with SEBI
Restrained from holding any position of director/trustee of capital market related institutions/entities/public positions
Restrained from holding or occupying position as director or any key managerial personnel in ndtv
Restrained from holding or occupying position as director or key managerial personnel in any listed company
Restrained from issuing any certificate, directly or indirectly, required under securities laws i.e.SEBI act
Restrained from issuing any further securities and from accessing securities market
Restrained from mobilizing funds
Restrained from providing investment advisory services
Restrained from raising additional capital through securities market, either directly or indirectly, in any manner whatsoever
Restrained from selling assets, properties and holding of mutual funds/shares/securities held in demat and physical form
Restrained from taking new commitments/investments from any investors
Restrained from violating regulation regarding processing of dematerialisation requests
Restrained preferential allottees from exercising any voting rights (through nominee or proxy) or other rights attached to shares acquired and held in preferential allotment
Restrained shareholders forming part of promoter / promoter group from holding any new position as director in any listed company
Restrained to act as an intermediary in any capacity
Show cause notice issued
Simple imprisonment for one year
Summon issued
Suspended registration as alternate investment fund
Suspended registration as investment adviser
Suspended registration as research analysts
Suspended registration as stock broker
Suspended registration as sub-broker
Suspended trading on all stock exchanges
Warned & cautions to exercise due care & diligence, in future conduct as research analyst
Warned & cautions to exercise due care & diligence, in future conduct in listed company or registered SEBI intermediary
Warned and advised to refrain from representing as sub-broker or portfolio manager or depository participant in any manner whatsoever and not hold valid certificates of registration
Warned not to provide investment advisory services unless comply with investment advisors regulations and applicable SEBI circulars
Warned to be careful & cautious while making corporate announcements
Warned to be careful in resolving investors complaints
Warned/directed to be more careful while dealing with securities market
Reasons for Action
Acted as depository participants without SEBI registration
Acted as portfolio manager without SEBI registration
Acted as stock broker without SEBI registration
Acted as sub-broker without SEBI registration
Adopted improper accounting practices
Allowed wrong utilization of issue proceeds
Amalgamation/merger
Attempted to subvert the spirit of clause 4.6 of dip directives/instructions/guidelines
Breached corporate governance directives/instructions/guidelines in reliance energy ltd. and reliance power ltd.
Certificate of registration expired/surrendered/ceased/suspended
Charged exorbitant fees
Committed irregularities in contract notes
Committed irregularities in maintenance of client registration/database
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
Defaulted in ensuring suitability of the advice provided
Defaulted in making disclosure of information on website
Defaulted in making disclosures to clients
Defaulted in refund of advance amount paid against booking of flats/lands
Defaulted/irregularities in ncfm/nism certificates
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 adhere to directives/instructions/guidelines, rules, byelaws and regulations of SEBI/stock exchange
Did not adhere to fiduciary obligations & responsibilities and did not act with due skill, care & diligence
Did not adhere to minimum public shareholding requirement
Did not adhere to SEBI (listing obligations and disclosure requirements) regulations, 2015
Did not appear in court
Did not exercise due skill, care & diligence
Did not fulfil net worth criterion
Did not manage fund in interest of unitholders
Did not satisfy criteria specified by exchange
Did not segregate execution services
Draft letter of offer filed with SEBI
Executed fictitious/fraudulent/structured/unauthorised transactions
Failed to maintain proper books of accounts/records
Failed to pay dividends to shareholders
Failed to pay fees to SEBI/exchange
Failed to pay penalty
Failed to pay penalty amount to SEBI
Failed to redress investor/creditors complaints
Filed application for seeking exemption from making public announcement
Floated bogus/fraudulent entities
Identified as vanishing company
Induced investors through false/misleading representation
Indulged in association with pacl ltd.
Indulged in cancellation of gdrs for converting them into normal shares to sell in indian market
Indulged in diversion of funds
Indulged in fraudulent operations
Indulged in unauthorised carry forward transactions
Indulged in unauthorised trading in futures & options
Introduced unlisted shares in the market
Issued false chartered accountant's certificate
Lapses in governance at national stock exchange of india ltd.
Manipulated IPOs of various companies
Manipulated market and/or indulged in unfair trade practices
Misconduct, lack of integrity and unfair practices in planning, directing and controlling the activities of its subsidiary company, national spot exchange ltd. leading to a fraud involving rs. 5500 crore
Misused stock exchange system
Misused/defaulted in maintaining client accounts
Not a fit and proper person
Not available
Obtained loans from the public assuring high interest
Operated CIS schemes without obtaining certificate of registration from SEBI
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
Solicited clients through various websites
Unauthorised operations on exchange terminals
Violated bye-laws/regulations/rules of NSE clearing ltd.
Violated code of conduct
Violated Companies Act, 1956
Violated Companies Act, 2013
Violated criminal procedure code, 1973
Violated directives/instructions/guidelines on anti money laundering standards
Violated indian penal code, 1860
Violated listing agreement
Violated SEBI (alternative investment funds) regulations, 2012
Violated SEBI (buyback of securities) regulations, 1998
Violated SEBI (buy-back of securities) regulations, 2018
Violated SEBI (certification of associated persons in securities markets) regulations, 2007
Violated SEBI (credit rating agencies) regulations, 1999
Violated SEBI (debenture trustees) regulations, 1993
Violated SEBI (delisting of equity shares) regulations, 2009
Violated SEBI (depositories & participants) regulations, 1996
Violated SEBI (depositories & participants) regulations, 2018
Violated SEBI (designated depository participants) directives/instructions/guidelines, 2014
Violated SEBI (disclosure and investor protection and securities contracts (regulations) rules, 1957
Violated SEBI (disclosure and investor protection) directives/instructions/guidelines, 2000
Violated SEBI (disclosure and investor protection) directives/instructions/guidelines, 2009
Violated SEBI (employee stock option scheme and employee stock purchase scheme) guidelines, 1999
Violated SEBI (foreign institutional investors) regulations 1995
Violated SEBI (foreign portfolio investors) regulations, 2014
Violated SEBI (foreign portfolio investors) regulations, 2019
Violated SEBI (intermediaries) regulations, 2008
Violated SEBI (investment advisors) regulations, 2013
Violated SEBI (issue & listing of debt securities) regulations, 2008
Violated SEBI (issue and listing of non-convertible redeemable preference shares) regulations, 2013
Violated SEBI (issue of capital and disclosure requirements) regulations, 2009
Violated SEBI (issue of capital and disclosure requirements) regulations, 2018
Violated SEBI (merchant banker) regulations, 1992
Violated SEBI (mutual funds) regulations, 1996
Violated SEBI (PFUTP) regulations, 1995
Violated SEBI (PFUTP) regulations, 2003
Violated SEBI (portfolio managers) regulations, 1993
Violated SEBI (prohibition of insider trading) regulations, 1992
Violated SEBI (prohibition of insider trading) regulations, 2015
Violated SEBI (registrar & share transfer agent) regulations, 1993
Violated SEBI (research analyst) regulations, 2014
Violated SEBI (settlement of administrative and civil proceedings) regulations, 2014
Violated SEBI (share based employees benefit) regulations, 2014
Violated SEBI (stock brokers & sub brokers) regulations, 1992
Violated SEBI (stock exchanges & clearing corporations) regulations, 2012
Violated SEBI (stock exchanges & clearing corporations) regulations, 2018
Violated SEBI (stp centralized hub and stp services providers) guidelines, 2004
Violated SEBI (substantial acquisition of shares and takeovers) regulations, 2009
Violated SEBI (substantial acquisition of shares and takeovers) regulations, 2011
Violated SEBI (venture capital funds) regulations, 1996
Violated SEBI act, 1992
Violated SEBI depositories act, 1996
Violated SEBI forward contracts (regulation) act, 1952
Violated SEBI preferential issue directives/instructions/guidelines
Violated SEBI public issue directives/instructions/guidelines
Violated SEBI regulation regarding dematerialisation/depository participants
Violated SEBI rights issue directives/instructions/guidelines
Violated SEBI securities contracts (regulations) rules, 1957
Violated SEBI takeover code, 1997
Violated securities contracts (regulation) (stock exchanges & clearing corporation) regulations, 2018
Violated securities contracts (regulation) act, 1956
Violations specified in earlier SEBI/NSE orders/circulars
Weak fundamentals of the company
Credit Rating Agencies		19/04/2024
Actions by SEBI
Cancelled registration as credit rating agency
Directed to refund money to the investors
Directed to wind down its operations (including intimating its client about closure of its operations) within six months
Imposed penalty
Reasons for Action
Violated SEBI (credit rating agencies) regulations, 1999
Violations specified in earlier SEBI/NSE orders/circulars
Custodians		19/04/2024
Actions by SEBI
Cancelled registration as custodian
Directed not to dispose of any securities held in custody
Reasons for Action
Did not fulfil net worth criterion
Manipulated market and/or indulged in unfair trade practices
Debenture Trustees		19/04/2024
Actions by SEBI
Cancelled registration as debenture trustee
Debarred from undertaking fresh business as debenture trustee
Imposed penalty
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) directives/instructions/guidelines, 2000
Violated SEBI (intermediaries) regulations, 2008
Violated SEBI (issue & listing of debt securities) regulations, 2008
Violated SEBI public issue directives/instructions/guidelines
Violations specified in earlier SEBI/NSE orders/circulars
Depositories		19/04/2024
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 disgorge
Directed to ensure that the DP accounts should not be utilized for manipulation in allotments in IPOs
Imposed penalty
Reasons for Action
Did not exercise due skill, care & diligence
Violated SEBI (depositories & participants) regulations, 1996
Violated SEBI public issue directives/instructions/guidelines
Foreign Institutional Investors		19/04/2024
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 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 not to deal in securities or instrument with indian securities as underlying, in any manner whatsoever
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 NSDL and CDSL to freeze beneficial owner accounts of persons/entities
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
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
Warned/directed to be more careful while dealing with securities market
Reasons for Action
Disciplinary action taken/pending against applicant/connected companies
Indulged in cancellation of gdrs for converting them into normal shares to sell in indian market
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 act, 1992
Violated SEBI takeover code, 1997
Violations specified in earlier SEBI/NSE orders/circulars
Merchant Bankers		19/04/2024
Actions by SEBI
Any application of altius finserv pvt.ltd. will not be considered by SEBI for renewal of certificate of registration to act as an intermediary in any capacity
Barred from taking any new mandate for acting as lead manager for any public issue of debt securities
Cancelled registration as merchant banker
Cancelled registration as underwriter
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
Directed not to take up any new assignment of merchant banker in securities market
Directed to disclose contents of SEBI�s directions on its website(s) immediately
Directed to make disclosure of pending assignments engaged as merchant banker in offer documents pertaining to issues concerning such assignments
Directed to provide details of all pending assignments as merchant banker to SEBI within seven days of receipt of order
Imposed penalty
Launched criminal prosecution
Not acted negligently warranting imposition of penalty
Prohibited from accepting fresh/new clients
Prohibited from taking up any new assignment as debenture trustee or involvement in any new issue of capital including ipo, follow-on issue
Prohibited from taking up any new assignment or involvement in buy-back of securities under SEBI (buy-back of securities) regulations 1998, open offers under SEBI (SAST) regulations, 2011 and delisting of securities under SEBI (delisting of equity shares) regulations, 2009
Prohibited from taking up any new clients or assignments as a merchant banker
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
Allowed wrong utilization of issue proceeds
Certificate of registration expired/surrendered/ceased/suspended
Committed irregularities in government securities transactions
Defaulted/irregularities in ncfm/nism certificates
Did not exercise due skill, care & diligence
Did not fulfil underwriting obligations
Disciplinary action taken/pending against applicant/connected companies
Executed fictitious/fraudulent/structured/unauthorised transactions
Failed to pay fees 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 (certification of associated persons in securities markets) regulations, 2007
Violated SEBI (disclosure and investor protection) directives/instructions/guidelines, 2000
Violated SEBI (intermediaries) regulations, 2008
Violated SEBI (issue of capital and disclosure requirements) regulations, 2009
Violated SEBI (issue of capital and disclosure requirements) regulations, 2018
Violated SEBI (merchant banker) regulations, 1992
Violated SEBI (PFUTP) regulations, 1995
Violated SEBI (PFUTP) regulations, 2003
Violated SEBI (portfolio managers) regulations, 1993
Violated SEBI (stock brokers & sub brokers) regulations, 1992
Violated SEBI (substantial acquisition of shares and takeovers) regulations, 2011
Violated SEBI act, 1992
Violated SEBI public issue directives/instructions/guidelines
Violated SEBI rights issue directives/instructions/guidelines
Violated SEBI takeover code, 1997
Violations specified in earlier SEBI/NSE orders/circulars
Mutual Funds		19/04/2024
Actions by SEBI
Cancelled registration as mutual fund and withdrawn approval granted to asset management company
Ceased to exist as mutual fund
Censured/warned & directed to be diligent in complying with SEBI regulations
Debarred / restrained from associating with / accessing capital market / intermediaries
Debarred/restrained from buying/selling/dealing/IPOs in securities/specified scrips directly/indirectly
Directed not to launch any new schemes
Directed not to take new subscription from investors (including existing investor in systematic investment plans (sip) / systematic transfer plans (stp) and not to charge any penalties / loads for not depositing installments
Directed to abide strictly by stipulations on advertisements by mutual funds, issued by SEBI
Directed to make efforts to transfer activities of sahara india financial corp.ltd. (sahara sponsor) and sahara asset management co.pvt.ltd. (sahara AMC) to a new sponsor and SEBI approved asset management co.at the earliest
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)
Reached settlement (consent order) (agreed voluntarily to be debarred from issuing of new schemes for a period of one year)
Warned/directed to be more careful while dealing with securities market
Reasons for Action
Certificate of registration expired/surrendered/ceased/suspended
Did not adhere to exchange directives/instructions/guidelines
Did not exercise due skill, care & diligence
Did not fulfil net worth criterion
Did not manage fund in interest of unitholders
Failed to pay fees to SEBI/exchange
Manipulated market and/or indulged in unfair trade practices
Not a fit and proper person
Violated SEBI (mutual funds) regulations, 1996
Violated SEBI (prohibition of insider trading) regulations, 1992
Violated SEBI takeover code, 1997
Violations specified in earlier SEBI/NSE orders/circulars
NSDL Depository Participants		19/04/2024
Actions by SEBI
Cancelled registration as depository participant
Debarred / restrained from associating with / accessing capital market / intermediaries
Debarred/restrained from buying/selling/dealing/IPOs in securities/specified scrips directly/indirectly
Directed banks to ensure that no debits are made in bank accounts held jointly or severally
Directed banks to ensure that no debits are made in bank accounts held jointly or severally except for the purpose of payment of money to clients/investors under written confirmation of concerned stock exchanges
Directed depositories and stock exchanges to initiate appropriate disciplinary proceedings for misuse of clients� funds and securities
Directed depositories to ensure that no debits and/or credits made in demat accounts, held jointly or severally, of entities and persons
Directed depositories to monitor movement of securities into and from DP account of clients of ksbl
Directed not to act as depository participant
Directed not to act upon any instruction given by ksbl in pursuance of power of attorney given to ksbl by its clients
Directed not to allow transfer of securities from DP account
Directed not to buy, sell or deal in the securities market including IPOs directly or indirectly on proprietory basis
Directed not to dispose of or alienate any assets, movable or immovable, or any interest or investment or charge in any of such assets without prior permission of SEBI
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 & desist from repetition of lapses
Directed to cease & desist from undertaking any activity in securities market, directly or indirectly, in any manner whatsoever
Directed to cooperate with NSE in refund of funds and securities of the clients of karvy stock broking ltd.
Directed to disgorge
Directed to freeze existing holding of securities, including units of mutual funds
Directed to provide full inventory of assets, movable or immovable, or any interest or investment or charge in any of such assets, including details of all banks & demat accounts and/or mutual funds investments
Directed to refund account closure charges
Directed to refund amount collected under consolidation scheme
Directed to utilize assets of the entities only for the purpose of payment of money and/or delivery of securities, as the case may be, to clients/investors under the supervision of concerned stock exchange(s)
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
Restrained from accessing securities market and further prohibited from buying/selling or otherwise dealing in securities and/or units of mutual funds directly or indirectly or being associated with securities market in any manner
Restrained from taking up/onboarding any new clients
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
Charged excess/different rates of brokerage
Committed irregularities in contract notes
Committed irregularities in maintenance of client registration/database
Defaulted in maintenance of records of investor's complaints
Defaulted/failed to collect margins/BMC from clients/sub-brokers
Delayed/failed to deliver/transfer securities
Delayed/failed to make payment to clients
Did not exercise due skill, care & diligence
Did not refund money collected under CIS
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 maintain proper books of accounts/records
Failed to redress investor/creditors complaints
Inadequate resources/infrastructure/systems
Indulged in unauthorised carry forward transactions
Indulged in unauthorised fund-based activities
Levied account closure charges unilaterally
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
Unauthorised operations on exchange terminals
Violated code of conduct
Violated directives/instructions/guidelines on anti money laundering standards
Violated SEBI (depositories & participants) regulations, 1996
Violated SEBI (depositories & participants) regulations, 2018
Violated SEBI (intermediaries) regulations, 2008
Violated SEBI (PFUTP) regulations, 2003
Violated SEBI (portfolio managers) regulations, 1993
Violated SEBI (stock brokers & sub brokers) regulations, 1992
Violated SEBI directives/instructions/guidelines in opening of fresh demat accounts
Violated SEBI public issue directives/instructions/guidelines
Violated SEBI regulation regarding dematerialisation/depository participants
Violated SEBI takeover code, 1997
Violations specified in earlier SEBI/NSE orders/circulars
Withdrew large amounts of cash and deposited in group company
Persons		19/04/2024
Actions by SEBI
Advise to to preserve and maintain all records, documents, material, video records etc., along with their content, related to mr.kiran jadhav, mr.ashish kelkar, mr.himanshu gupta, mr.mudit goyal and concerned shows till final order passed
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
Barred from rendering services in connection with instruments that are defined as securities (as in section 2 (h) of SCRA act, 1956) in indian market or in any way dealing with them
Bombay stock exchange & national stock exchange directed/ordered to hold the profit and gains in a separate escrow account
Cancelled registration as investment advisor
Cancelled registration as investment research advisor
Cancelled registration as research analyst
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
Ceased to hold the position of a director or key managerial personnel in any listed company or its subsidiaries
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
Debarred from publishing advertisements luring investors to invest in securities market
Debarred from undertaking fresh business as debenture trustee
Debarred/restrained from buying/selling/dealing/IPOs in securities/specified scrips directly/indirectly
Declared not a �fit and proper person� in terms of guidelines dated 29/07/2009
Directed acquirer to make public offer
Directed acquirer to make revised public offer
Directed acquirer to pay interest for loss caused to shareholders
Directed all the listed companies and intermediaries registered with SEBI not to engage any audit firm formiing part of price waterhouse network, for iisuance of any certificate with respect of statutory compliance with SEBI
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 audit committee and board of directors to review the decision of classification of ksdpl and consolidated financial statements for F.Y.2021-22
Directed audit committee of royal orchid hotels ltd. to enhance the oversight of financial reporting process and disclosure of its financial information
Directed banks and depositories not to debit and/or credit, without permission of SEBI in respect of bank/demat accounts, held jointly and severally
Directed banks and depositories to ensure strict enforcement of directions
Directed banks not to allow any debits/withdrawls and credits from account without permission of SEBI
Directed banks not to allow any debits/withdrawls without permission of SEBI
Directed banks that no debit shall be made without permission of SEBI
Directed banks that no debit shall be made without permission of SEBI except for the purpose of transfer of funds to escrow account
Directed banks to allow debit for purpose of making refunds to clients/investors/complainants
Directed banks to allow debit for the purpose of complying with this order
Directed banks to allow debit for the purpose of transferring funds to escrow account
Directed banks to ensure compliance of the directions issued by SEBI
Directed banks to ensure that no debits are made in bank accounts held jointly or severally
Directed banks to ensure that no debits are made in bank accounts held jointly or severally by amrapali aadya trading & investment pvt.ltd. and aadya commodities pvt.ltd. and mr.sanjeeva kumar sinha except for the purpose of payment of money to clients/investors under written confirmation of concerned stock exchanges
Directed banks to ensure that no debits are made in bank accounts held jointly or severally except for the purpose of payment of money to clients/investors under written confirmation of concerned stock exchanges
Directed banks, depositories, registrar and transfer agents to freeze bank accounts, demat accounts belonging to entities and not to allow transfer or redemption of securities of the entities
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 and NSE to withhold pay-out of securities and funds for trading done on 29/08/2011 in matter of bodal chemicals ltd.
Directed BSE to appoint forensic auditor to examine books of accounts of the company
Directed BSE to examine dealings of chimanlal maneklal securities pvt.ltd. in scrip of cals refineries ltd.
Directed BSE to facilitate valuation of shares to be purchased and compulsorily delist company, if public shareholding reduces below minimum level
Directed BSE to impound the auction and close out proceeds
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 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 guarantees
Directed calcutta stock exchange to take action against noticees in terms of instructions as per SEBI circular
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 that no debit shall be made without permission of SEBI
Directed depositories to ensure that no debits and credits made in demat accounts
Directed depositories to ensure that no debits and/or credits made in demat accounts, held jointly or severally, of entities and persons
Directed depositories to freeze demat accounts of directors and compliance officer and disclose to stock exchanges
Directed depositories to keep a watch and report suspicious activities to SEBI
Directed exchanges and/or clearing corporations and/or depositories to appoint forensic auditor to track misuse of client's funds/securities and to identify net assets/liabilities
Directed exchanges to deal with complaints/claims of clients against member and return amount of client fund and securities to clients
Directed exchanges to initiate a process of verifying the credentials/fundamentals of such companies on verification, if exchanges do not find appropriate credentials / fundamentals about existence of the company, exchanges shall initiate the proceeding for compulsory delisting against the company, and the said company shall not be permitted to deal in any security on exchange platform and its holding in any depository account shall be frozen till such delisting process is completed
Directed income tax department to take necessary actions in matter of pyramid saimira theatre ltd.
Directed investors/unit holders who do not exercise their option for in specie distribution, to be given exit on basis of nav determined as per directions
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 listed companies and intermediaries registered with SEBI to not to engage for issuing any certificate with respect to compliance of statutory obligations
Directed listed companies and intermediaries registered with SEBI to not to engage any audit firm associated with c.b.moulli & associates to issue any certificate with respect to compliance of statutory obligations
Directed listed companies and intermediaries registered with SEBI to not to engage any audit firm wherein k.p.joshi related/associated directly or indirectly for issuing any certificate with respect to compliance of any statutory obligations
Directed listed companies and intermediaries registered with SEBI to not to engage for company secretarial services or any audit firm associated
Directed not a �fit and proper person� to hold any position in management and board of any association/commodities exchange recognised by govt.of india/fmc/SEBI
Directed not hold any position, either directly or indirectly in or be associated, directly or indirectly, with any stock exchange, clearing corporation, depository, recognized or registered by SEBI and/or in any intermediary registered with SEBI or any of their related entities
Directed not to accept any payments made through growpital or on behalf of growpital
Directed not to act as compliance officer of any listed company
Directed not to associate or work with any intermediary, listed entities in securities market in any manner whatsoever
Directed not to associate with affairs of fortis healthcare ltd. in any manner whatsoever
Directed not to associate with affairs of religare enterprises ltd. and religare finvest ltd. in any manner
Directed not to associate with any listed company in capacity of director or otherwise
Directed not to be associated with any FII or sub-account or any registered entity of SEBI
Directed not to be associated with any listed company or company proposing to list, or any registered intermediary, whether in capacity of directior, key management personnel or partner
Directed not to be associated with any SEBI registered intermediary, directly or indirectly, in any manner whatsoever
Directed not to be associated with any telecom service provider, in any manner, providing services to any of the stock exchange, clearing corporation, depository recognized or registered by SEBI and/or any intermediary registered with SEBI, or their related entities
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 buy, sell or deal in securities of thier own companies and thier listed group companies, in any manner
Directed not to buy, sell or otherwise deal in securities (including units of mutual funds) either directly or indirectly or associate themselves with securities market any listed company or company intending to raise money from public in any manner whatsoever
Directed not to collect any fresh money from the investors under its existing schemes
Directed not to collect any money from the investors
Directed not to collect money from new investors or any additional sum of money from existing investors under its existing schemes
Directed not to deal in securities or instrument exchangeable or convertible into securities, directly or indirectly, in any manner whatsoever
Directed not to deal in securities or instrument with indian securities as underlying, in any manner whatsoever
Directed not to debit bank accounts/demat accounts, held jointly and severally except for refund and after confirmation from concerned stock exchange
Directed not to directly and through any entity controlled by them (either directly or indirectly) hold any shares in any association/commodities exchange recognised or registered by govt.of india/fmc/SEBI in excess of 2% of total issued capital of such association/exchange
Directed not to directly or indirectly issue any certificate of audit and render any other auditing services including issuances of certificates of compliances, whatsoever to any listed companies and intermediaries registered with SEBI
Directed not to directly or indirectly issue any certificate of audit of listed companies, compliance of listed companies and intermediaries registerd with SEBI
Directed not to directly or indirectly issue any certificate of audit of listed companies, compliance of obligations of listed companies and intermediaries registered with SEBI and requirements under SEBI act, 1992, SCRA 1956, the depository act, 1996 and Companies Act 2013
Directed not to directly or indirectly provide company secretarial services to any listed company or offer services pertaining to compliance of obligations of listed companies and intermediaries registered with SEBI
Directed not to dispose of or alienate any assets, movable or immovable, or any interest or investment or charge in any of such assets without prior permission of SEBI
Directed not to dispose of or alienate any assets, movable or immovable, or to create or invoke or release any interest or charge in any of such assets without prior permission of NSE and bse
Directed not to dispose of or alienate any of its assets/properties/securities till such time the amount of Rs.8.11 crores credited to escrow account
Directed not to dispose of or alienate any of their assets / properties / securities, till such time unlawful gains are credited to escrow account
Directed not to dispose of or alienate any of their assets/properties/ securities
Directed not to dispose of properties/assets owned or acquired without prior permission of SEBI
Directed not to dispose of, alienate or encumber any assets / properties
Directed not to dispose of, alienate or encumber any assets or divert any funds raised from public either through offer and allotment of non-convertible redeemable preference shares
Directed not to divert any funds except to meet expenses of day-to-day business operations without prior permission of SEBI
Directed not to divert any funds raised from investors
Directed not to divert any funds raised from investors , kept in bank account (s) and / or in the custody of hbj capital or its directors and hbj capital llp and its disignated partners
Directed not to divert any funds raised from its existing clients / investors
Directed not to divert any funds raised from public at large kept in bank account and/or in the custody of the company
Directed not to divert any funds raised from public either through offer and allotments of preference shares and/or allotment of debentures
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 float any new company/ies/proprietorship firms / entities to solicit or undertake unregistered investment advisory activities or any other unregistered activities in securities market
Directed not to give effect to transfer of any shares acquired and held by preferential allottees in preferential allotment
Directed not to hold any position, either directly or indirectly in management and/or or board of or be associated, directly or indirectly, with any stock exchange, clearing corporation, depository recognized or registered by SEBI and/or in any intermediary registered with SEBI or any of their related entities
Directed not to hold any position, either directly or indirectly in or be associated, directly or indirectly, with a company listed in any of the stock exchange recognized by SEBI
Directed not to hold any position, either directly or indirectly with any stock exchange, clearing corporation, depository recognized or registered by SEBI and/or in any intermediary registered with SEBI or any of their related entities
Directed not to hold any position, either directly or indirectly, in or be associated, directly or indirectly, with any stock exchange, clearing corporation, depository recognized or registered by SEBI and/or in any intermediary registered with SEBI or any of their related entities
Directed not to hold position as director in any listed company
Directed not to hold position of director in board of any listed company
Directed not to hold, any position in management and/or in the board of any stock exchange and/or clearing corporation, recognized by SEBI or any related entity of any recognized stock exchange and/or clearing corporation, or be associated in any manner, directly or indirectly, with any intermediary registered with SEBI or their related entity and/or with any company having its securities listed on any stock exchanges recognized by SEBI
Directed not to hold, directly or indirectly, any position in management of and/or in board of or be associated in any manner and in any capacity, with any stock exchange, clearing corporation, depository, recognized or registered by SEBI and/or with any intermediary registered with SEBI or their related entities and/or with any company listed in any of stock exchanges recognized by SEBI
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 launch any new schemes
Directed not to liquidate existing holding of securities including units of mutual funds
Directed not to mobilize funds from public and/or invite subscription, in any manner either directly or indirectly
Directed not to mobilize funds from public or offer any portfolio management services
Directed not to offer, directly or indirectly, any new telecom services in any manner to any of the stock exchange, clearing corporation, depository recognized or registered by SEBI and/or any intermediary registered with SEBI or their related entities
Directed not to proceed with the public issue
Directed not to promote any new company to mobilize fresh funds
Directed not to provide any services to and/or be associated in any manner and in any capacity, directly or indirectly, with any stock exchange, clearing corporation, depository, recognized or registered by SEBI, and/or with any intermediary registered with SEBI or their related entities and/or with any company listed in any of stock exchanges recognized by SEBI
Directed not to reissue forfeited shares or bonus shares
Directed not to sell/dispose of/dilute shareholding in company, held directly or indirectly through family members or through companies in which they or their family members directors
Directed not to solicit or undertake any fresh advisory business
Directed not to solicit or undertake investment advisory activities or any other unregistered activities in securities market through any companies / proprietorship firms / entities
Directed not to take new subscription from investors (including existing investor in systematic investment plans (sip) / systematic transfer plans (stp) and not to charge any penalties / loads for not depositing installments
Directed not to take new assignments as trustee of alternative investment fund of any category
Directed not to undertake either directly or indirectly as investment advisory services or any activity in securities market from date of order
Directed not to undertake either directly or indirectly investment advisory services and/or research analyst activity in securities market without obtaining certificate of registration from SEBI
Directed not to use term �investment adviser� directly or indirectly in any manner whatsoever on letter-head, website, signage board or otherwise
Directed NSDL and CDSL to freeze beneficial owner accounts of persons/entities
Directed NSE to appoint independent auditor/audit firm to conduct detailed forensic audit of books of accounts of company to confirm mis-utilization of IPOs proceeds
Directed NSE to appoint independent auditor/audit firm to conduct detailed forensic audit of books of accounts of tree house for F.Y.2011-12 onwards
Directed NSE to initiate enquiry under its employees regulations against mr.mahesh soparkar and mr.deviprasad singh and submit report to SEBI within six month from date of this order
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 registrar and transfer agents to ensure that not transferred securities held jointly or severally
Directed registrar and transfer agents to ensure that securities (including mf units) in physical form not to transfer /redeem without confirmation of concerned stock exchanges
Directed SEBI to appoint independent audit firm to conduct detailed forensic audit of books of accounts of ricoh for F.Y.2012-13 onwards
Directed stock exchanges not to approve listing of convertible warrants and shares issued on conversion
Directed stock exchanges, banks and depositories to ensure compliance of the directions
Directed that none of the intermediaries registered with SEBI shall deal with pan asia advisors ltd.and mr.arun pancharia in any capacity with regard to or in connection with dealing of securities as defined in indian market
Directed that the shares held by the promoters and directors in such listed companies shall be allowed to be transferred by depositories only upon verification by concerned exchanges and they shall not be allowed to transact in the security except to buy securities in the said listed company until verification of credential / fundamental by exchanges is completed
Directed that the trading in all such listed securities shall be placed in stage vi of the graded surveillance measure (gsm) with immediate effect. if any listed company out of the said list is already identified under any stage of gsm, it shall also be moved to gsm stage vi directly
Directed to accept refund claims/requests from the public
Directed to appoint a merchant banker to file a report of compliance of disinvestment of 1,34,905 shares of heritage foods (india) ltd.
Directed to attach bank accounts
Directed to attach Rs.14 lac deposited in escrow account opened with icici bank and will be utilised for payment of consideration to eligible and identifiable investors of orient tradelink ltd. who have tendered their shares in acceptance of open offer
Directed to bring back outstanding usd 47.44 mn into its bank account in india
Directed to bring back Rs.2,13,47,647.00 to the company which were diverted in guise of repayment of loans to handful investrade pvt.ltd., shree nath commercial & finance ltd. and anmol finance co.
Directed to buy 1.30 crore shares of dsq software ltd. and retain it in separate demat account
Directed to cease & desist and not to solicit or undertake CIS activities or any other activities in securities market, directly or indirectly, in any manner whatsoever
Directed to cease & desist from acting as an investment advisor and/or alternative investment fund and cease to solicit or undertake such activities or any other unregistered activities in securities market, directly or indirectly, in any manner whatsoever
Directed to cease & desist from acting as an investment advisor and/or research analyst and cease to solicit or undertake such activities or any other unregistered activity in securities market, directly or indirectly, in any manner whatsoever
Directed to cease & desist from acting as portfolio manager and not to solicit or undertake such activities or any other activity in securities market, directly or indirectly, in any manner whatsoever
Directed to cease & desist from bidding in objectionable manner
Directed to cease & desist from dealing in shares by heavy purchases on IPOs listings to artificially create demand
Directed to cease & desist from directly or indirectly, engaged in fraudulent, manipulative or unfair trade practice including front running activities
Directed to cease & desist from disseminating news or messages in any form related to securities market, by any means whatsoever
Directed to cease & desist from floating any collective investment schemes (cis), directly or indirectly, in any manner whatsoever
Directed to cease & desist from giving misleading recommendations in any public accessible media
Directed to cease & desist from giving recommendations about any investment in securities in public media
Directed to cease & desist from holding out registered intermediaries to deal in securities market and cease to solicit or undertake such activities or any other unregistered activities in securities market, directly or indirectly, in any manner whatsoever
Directed to cease & desist from offering new investment advisory services to its existing clients for which fresh payment is required to be made by the clients
Directed to cease & desist from soliciting/acquiring fresh clients for investment advisory services, directly or indirectly
Directed to cease & desist from sponsoring and/or carrying out activities of mutual fund, including activity of representing through any media (physical or digital) schemes for collection of funds directly or indirectly, in any manner whatsoever
Directed to cease & desist from undertaking any activity in securities market including activity of acting and representing through any media (physical or digital) as an investment advisor, directly or indirectly, in any manner whatsoever
Directed to cease & desist from undertaking any activity in securities market including activity of acting and representing through any media (physical or digital) as portfolio manager, directly or indirectly, in any manner whatsoever
Directed to cease & desist from undertaking any activity in securities market, directly or indirectly, in any manner whatsoever
Directed to cease & desist from undertaking directly or indirectly any activity related to giving investment advice sell or buy recommendations, publishing or research reports etc. related to securities market through any media (physical or digital)
Directed to cease & desist from undertaking fraudulent activities, directly or indirectly, and to conduct themselves in strict compliance with norms under ia regulations
Directed to cease & desist from undertaking, directly or indirectly any activity related to giving investment advice, sell or buy recommendations, publishing of research reports etc. related to securities market
Directed to cease & desist with epic or any other investment advisers, from commission or omission of any activity amounting to fraud
Directed to cease and desist from acting as an investment adviser
Directed to cease and desist from acting as or holding themselves out to be investment advisors, whether using �baap of chart� or otherwise
Directed to cease and desist from carrying on unauthorized advisory activity
Directed to cease to solicit or undertake investment advisory activities or any other activity in securities market, directly or indirectly, in any manner whatsoever
Directed to cease to solicit or undertake portfolio manager activities or any other activity in securities market, directly or indirectly, in any manner whatsoever
Directed to cease to solicit or undertake sponsoring and/or carrying out activities of mutual fund, in securities market, directly or indirectly, in any manner whatsoever
Directed to cease to solicit or undertake such activity as collective investment schemes (cis), in any manner whatsoever
Directed to communicate order to complainants whose complaints pending resolution
Directed to compensate unit trust of india to the extent of Rs.3.04 crores
Directed to complete entire process of winding up of scheme of fund and providing exit to investors/unit holders
Directed to conduct secretarial audit to identify actual shareholders and reconcile their records
Directed to co-operate with competent authority in making repayment/refunds to investors/depositors/purchasers of land under unregistered CIS
Directed to cooperate with NSE in refund of funds and securities of the clients of karvy stock broking ltd.
Directed to co-operate with SEBI and furnish all information/documents in connection with offer and allotment of non-convertible redeemable preference shares
Directed to credit amounts to escrow account in nationalised bank
Directed to credit/deposit wrongful gains into interest bearing escrow accounts or saving accounts within fifteen days from date of order and amount not to be released without permission from SEBI
Directed to deactivate account with payment gateway payumoney/phonepe/paytm etc.
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 collected by issuance of ofcds along with interest @ 15% p.a.
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 remaining balance amount with SEBI to be kept in escrow account
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 deposit wrongful gains in escrow account
Directed to determine nav of the scheme of the fund based on valuation reports by adopting higher of valuation arrived at in two valuation reports
Directed to discharge all the obligations, as required under SEBI (investment adviser) regulations, 2013 towards existing clients in respect of investment advisory services
Directed to disclose all other relevant material information pertaining to business activities as investment advisor, including name, registration details, business address and details of all affiliate websites operate by adequate and prominent manner in all websites/other communication channels within seven days from date of receipt of this order
Directed to disclose updated status of all undisclosed material events/information to stock exchanges within fifteen days from date of receipt of this order
Directed to discontinue practice of offering free trials to prospective clients by prominently notifying same on website/other communication channels
Directed to disgorge
Directed to disgorge 25% of salary drawn for FY.2010-11 to 2012-13 to ipef within 45 days from date of this order
Directed to disgorge 25% of salary drawn for FY.2013-14 to ipef within 45 days from date of this order
Directed to disgorge balance open offer consideration rs 4.90 crore along with simple interest @ 10% from 01/08/2019 till date of actual payment
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 @12% per annum from january 07, 2009 till the date of payment
Directed to disgorge unlawful gains within 45 days from date of order either by way of demand draft
Directed to disinvest 1,34,905 shares of heritage foods (india) ltd.
Directed to disinvest 1,38,000 shares of tcm ltd.through sale to parties not connected / related to them in small lots in trenches on BSE ensuring that such sale does not disturb the market equilibrium
Directed to disinvest 1,98,000 shares of horizon infrastructure ltd.through sale to parties not connected / related to them in small lots in trenches on BSE and NSE ensuring that such sale does not disturb market equilibrium
Directed to disinvest 27,633 shares of sarla performance fibres ltd. through sale to parties not connected / related to them in small lots in trenches on BSE and NSE ensuring that such sale does not disturb market equilibrium
Directed to disinvest 3.40% shares of unique organics ltd.through sale to parties not connected / related to them in small lots in trenches on the stock exchange ensuring that such sale does not disturb market equilibrium
Directed to disinvest 41,96,790 shares of bheema cements ltd. and transfer the profits, if any, to investor education and protection fund of SEBI
Directed to disinvest shares in target company
Directed to display order on all websites through conducted investment advisory business
Directed to ensure compliance of directions of call back of Rs.23.46 crores and Rs.11.15 crores
Directed to ensure compliance of the directions issued by SEBI
Directed to ensure compliance with lodr regulation by disclosing voting results of agm to stock exchanges
Directed to ensure reflection of correct data in respect of internal records of surana corp.ltd. in respect of transactions covered in this order and consequential changes thereof, and publish forthcoming quarterly filings before stock exchanges
Directed to ensure shareholding of promoters/promoter group in the companies not altered in any manner
Directed to ensure strict adherence of direction by the compliance officer
Directed to ensure that the scheme of fund wound up by providing exit to its investors/unit holders
Directed to extend necessary co�operation to independent auditor/audit firms appointed and furnish all information/documents
Directed to file a report detailing changes to consolidated financial statements for f.y. 2021-22 and its impact within one month from date of this order to stock exchanges
Directed to file a report of resolution of complaints
Directed to file certificate of completion of process with SEBI from two independent peer reviewed chartered accountants
Directed to file compliance report with SEBI, with details of restoration/recovery of IPOs proceeds with interest from group entities
Directed to file public disclosure to stock exchanges within seven days from date of receipt this order
Directed to file public disclosure to the stock exchanges as well as publish on company�s website the contents of this order-cum-show cause notice within three days from date of receipt this order
Directed to file report certified by chartered accountant declaring that all the investors of scheme have been provided exit and scheme of fund stands wound up and report to be filed within three weeks after completion of the exit and repayment to investors/unit holders of scheme
Directed to freez of voting rights and corporate benefits like dividend, rights, bonus shares, split, etc. with respect to excess of proportionate promoter / promoters group shareholding
Directed to freeze all demat accounts wherein equity shares allotted under preferential offer were lying
Directed to freeze bank accounts
Directed to freeze demat account of a specified scrip
Directed to freeze demat accounts
Directed to freeze existing holding of securities, including units of mutual funds
Directed to furnish all information/documents in connection with offer and allotment of secured redeemable debentures
Directed to furnish all information/documents to forensic auditor/SEBI
Directed to furnish bank guarantee of a minimum tenor of one year for usd 33.93 million in name of SEBI without using funds of zenith infotech ltd. or creating charge on assets of zenith infotech ltd.
Directed to furnish bank statements of secure success plan, present asset under management, break up of aum under various asset classes, clients availing various schemes offered by them, such as name, joining date, name of scheme, end date, kyc particulars etc., client-wise detials of fund mobilized till date
Directed to furnish break up of aum under various asset classes
Directed to furnish certificate from peer reviewed chartered accountants alongwith necessary documentrary evidences to SEBI
Directed to furnish client-wise details of funds mobilized
Directed to furnish complete details, information, documents, etc. sought by SEBI
Directed to furnish compliance report to SEBI duly certified by independent SEBI registered merchant banker within two weeks of the date of compliance
Directed to furnish copies of llp agreements
Directed to furnish details of clients availing various schemes offered by them, such as names, joining date, name of scheme, end date and kyc particulars etc.
Directed to furnish details of present asset under management (aum) of each of services offered by hbj capital llp from date of initation
Directed to furnish details of various services offered by company / llp
Directed to furnish of demat accounts statements
Directed to furnish report to SEBI duly certified by chartered accountant resolved all complaints
Directed to honour their commitment relating to conversion of warrants
Directed to immediately remove all contents from its website and display only content in its website that SEBI has passed vide its order
Directed to immediately withdraw and remove all advertisements, representations, literatures, brochures, materials, publications, documents, communications etc. physical or digital in relation to their scheme product b (teak) or any other unregistered activitiy in securities market
Directed to immediately withdraw and remove all advertisements, representations, literatures, brochures, materials, publications, documents, website, etc. in relation to portfolio management activities in securities market
Directed to immediately withdraw and remove all advertisements, representations, literatures, brochures, materials, publications, documents, website, etc. in relation to those schemes / activities (investment adviser and alternative investment fund, and/or research analyst) or any unregistered activities
Directed to immediately withdraw and remove all websites, advertisements, representations, literatures, brochures, materials, publications, documents, communications etc. in relation to unregistered CIS activities or any other unregistered activity in securities market
Directed to impound bank accounts
Directed to impound financial assets
Directed to inform and update SEBI within seven days of cessation/lifting/revocation of moratorium by nclt
Directed to initiate adjudication proceedings
Directed to issue public notice, in all editions of two national dailies in connection with the refund of money
Directed to keep Rs.6,00,11,512.00 in escrow account jointly and severally within 30 days from this order
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 proper and complete disclosure
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 make refund through banking channels such as demand draft and/or pay order and/or electronic mode of transfer
Directed to obtain two separate valuations of all remaining assets of scheme of fund from two independent and/or registered valuers
Directed to open escrow account with a nationalised bank jointly or severally and deposit impounded amount to be proceeds generated from front running trades without permission from SEBI
Directed to open escrow account with a nationalised bank jointly or severally and deposit Rs.1,86,04,343.00 which should not be released without permission from SEBI
Directed to open escrow account with a scheduled bank and deposit the amount and use only for the purpose of refund to clients/investors
Directed to open escrow account with a scheduled commercial bank and deposit Rs.9,47,950.00, to be kept in account for three months and be used only for the purpose of refund to investors/complainants
Directed to open escrow account with nationalised bank jointly or severally and deposit impounded amount
Directed to open interest bearing escrow account with a scheduled commercial bank and deposit the impounded amount therein in the matter of to be proceeds generated from front running trades without permission from SEBI
Directed to open interest bearing escrow account with scheduled commercial bank and deposit impounded amount within fifteen days from date of order and amount not to be released without permission from SEBI
Directed to pay interest @ 10% p.a. along with consideration amount from 12/03/2017 to date of payment of consideration to shareholders
Directed to pay interest @ 10% p.a. along with consideration amount from 26/09/2019 to date of payment of consideration to shareholders
Directed to pay interest @ 10% p.a. along with consideration amount from 28/12/2018 to date of payment of consideration to shareholders
Directed to pay interest on application monies @15% per annum and interest thereon @9% per annum in a maximum of seven quarterly installments through registrar to the issue
Directed to place a copy of the order on website and also send copy of the order to all the clients through email
Directed to preserve records of various social media accounts maintain by them directly or indirectly
Directed to prominently display contents of this order on all websites and other media through conduct research analyst business
Directed to provide all information regarding amount mobilized including names of debenture holders and their addresses, number of srncds issued, promised maturity amount with date of maturity, amount refunded and date thereof during F.Y.2012-2016
Directed to provide all necessary & relevant information in respect of schemes �advance against product purchase� and �advance from customer-land� within 15 days from date of order
Directed to provide certificate from chartered accountant in panel of any public authority or public institution
Directed to provide complete details of all refunds made to investors in respect of offer and allotment of rps
Directed to provide complete details of all rps or any other securities issued by company after 31/07/2013
Directed to provide details of all bank accounts held individually or jointly
Directed to provide exit to investors/unit holders first by offering option to existing investors/unit holders to take exit by way of in specie distribution of interest/rights/stakes/shares, etc. in investee companies/projects
Directed to provide full inventory of assets (including assets under possession of receiver appointed by hon'ble high court of bombay) movable or immovable, or any interest or investment or charge in any of such assets, including details of all banks & demat accounts and/or mutual funds investments
Directed to provide full inventory of assets owned by company
Directed to provide full inventory of assets, movable or immovable, or any interest or investment or charge in any of such assets, including details of all banks & demat accounts and/or mutual funds investments
Directed to provide pan details along with reply
Directed to provide pan no.and/or din of directors
Directed to redress investor grievances
Directed to refund all the monies to investors along with income, profits or returns promised under the schemes
Directed to refund entire amount Rs.595 crores collected through issuance of 59.50 crores equity shares alongwith interest @15% per annum from date of receipt of money
Directed to refund investment management and advisory fees
Directed to refund money collected as fees, charges or commissions
Directed to refund money collected in public issue
Directed to refund money collected through allotment of optionally fully convertible debentures alongwith interest @15% per annum
Directed to refund money collected through allotment of shares alongwith interest @15% per annum from date of receipt of money
Directed to refund money collected through issuance of redeemable cumulative preference shares (rcps) alongwith interest @15% per annum
Directed to refund money collected through issuance of redeemable preference shares (rps) including application money alongwith interest @15% per annum
Directed to refund money collected towards allotment of non-convertible debentures alongwith interest @15% per annum
Directed to refund money collected towards subscription of convertible preference shares alongwith interest @15% per annum
Directed to refund money received from clients/investors/complainant as fees or consideration or in any other form in respect of unregistered investment advisory activities
Directed to refund money to the investors
Directed to refund the money raised, to debenture holders with interest @10% within a period of two weeks from date of this order
Directed to relinquish office of president of the exchange
Directed to remit advance amount along with interest
Directed to remit disgorged amount to investor protection & education fund (ipef)
Directed to remove all reference made through any media (physical or digital) regarding holding itself as portfolio manager and expected returns from services/products offered
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 repay Rs.403 crores (approx.) along with due interest to fortis health care ltd. jointly and severally
Directed to repay/refund to investors / clients money with interest @15% p.a. from the date of repayment due till the date of actual payment
Directed to resign from the board
Directed to resolve all pending complaints
Directed to resolve the grievances and submit status report to SEBI
Directed to retain impounded sale proceeds and not to utilize it in any manner
Directed to return money to its clients received as fees or in any other form in respect of unregistered investment advisory services
Directed to return Rs.33.83 crores with interest @12% p.a. w.e.f. 01/04/2011 within one year from date of order
Directed to sell their shares of vas infrastructure ltd. acquired in violation of regulation 11(1) of SAST regulations, 1997, in excess of 5% and deposit the proceeds in investor protection & education fund (ipef) of SEBI within three months from the date of this order
Directed to square off or close out their existing open positions in F&O segment
Directed to submit completion report of repayment to SEBI certified by independent chartered accountant
Directed to submit certified report on the records of dematerialised securities with the securities issued
Directed to submit compliance report to SEBI
Directed to submit details of amount collected (year wise) from investors till dated
Directed to submit details of partners/investors (contact number, address and date of enrollment) who have contributed to zf project llps (now or in the past) through growpital or any other platform and to submit details of contributions received from each such partner/investor
Directed to submit details of repayment, if any made to investors, duly certified by an independent auditors
Directed to submit full details regarding scheme "fatal alttraction" including name, address and contact numbers of invetor who have been subscribed to scheme
Directed to submit list of clients and fee collected from them
Directed to submit name, address and contact numbers of investors who have been repaid & mode of repayment
Directed to submit name, addresses and contact numbers of investors who have been deposited money in his account
Directed to submit number and details of clients (contact number, address, date of enrollment) who have contributed to scheme product b (teak) and to submit details of contributions received from each such client/unit holder
Directed to submit number and details of clients who have availed portfolio management services and amount of fee collected as portfolio manager
Directed to submit number and details of clients who have availed their investment advisory services
Directed to submit repayment report to SEBI certified by two independent chartered accountants who are in panel of any public authority or public institution
Directed to submit report in regard to winding up of CIS and repayment of monies to SEBI in accordance to CIS regulations
Directed to take appropriate necessary steps to ensure compliance of the direction to bring back usd 2.27 mn
Directed to take effective steps to classify shareholding in heritage foods (india) ltd.
Directed to take prior approval of SEBI for dealing with escrow account
Directed to take requisite steps to complete open offer to acquire target company electrotherm (india) ltd. within fifteen days from date of order
Directed to take requisite steps to complete open offer to acquire target company uniply industries ltd. within fifteen days from date of order
Directed to take requisite steps to complete open offer to acquire target company vikas proppant & granite ltd. within fifteen days from date of order
Directed to take steps to call back and return to shilpi cable technologies ltd. Rs.50.05 crore which were diverted/mis-utilized
Directed to transfer disgorgement amount deposited in escrow account to investor protection and education fund (ipef)
Directed to transfer entire proceeds of sale of share to investor protection and education fund established under SEBI (investor protection and education fund) regulations, 2009
Directed to update aml, pmla policy as per SEBI master circular dated 15/10/2019 and appoint designated directors as per SEBI circular dated 12/03/2014 within three months
Directed to utilize assets only for the purpose of refund of money and/or delivery of securities
Directed to utilize assets of the entities only for the purpose of payment of money and/or delivery of securities, as the case may be, to clients/investors under the supervision of concerned stock exchange(s)
Directed to wind up CIS and refund money to the investors
Directed to withdraw and remove all advertisements, representations, literatures, brochures, materials, publications, documents, website, etc., if any, in connection with the scheme employed
Directed trading members to do the due diligence on the basis of auditor�s certificate along with the documents, as mentioned in the order and submit a report to the exchange by august 31, 2017
Directed zee entertainment enterprises ltd. (zeel) to place the order dated 12/06/2023 before board of directors within seven days from the date of receipt of the order
Disposed off the case without any direction
Imposed fine
Imposed lock-in on shares allotted through conversion of warrants
Imposed penalty
Impounded sale proceeds accruing to vijay advertising pvt.ltd.
Imprisonment for three months
Initiated enquiry proceedings
Launched adjudication proceedings
Launched criminal prosecution
Launched prosecution proceedings
Matter referred to income tax department to look into possible alternative pay-offs outside securites market
No action as benefit of doubt granted
Not available
Notice issued
Offence compounded
Order to be passed after personal hearing
Ordered for investigation
Permitted BSE and NSE to allow square off existing open positions in futures & options segment, if any, immediately and directed concerned stock exchanges to ensure that no fresh positions are created
Permitted to sell assets of company for sole purpose of making refunds and deposit proceeds in an escrow account opened with nationalised bank
Proclamation issued
Prohibited being associated with any intermediary or any entity registered with SEBI
Prohibited from accepting fresh/new clients
Prohibited from associating with any listed company or market infrastructure institution or any other market intermediary
Prohibited from being employed or associated with any registered intermediaries or other registered person
Prohibited from buying/selling or otherwise dealing in securities (including units of mutual funds) directly or indirectly or being associated with securities market in any manner
Prohibited from continuing with the present assignment as debenture trustee
Prohibited from directly or indirectly, issuing any certificate required under securities laws with respect to listed companies and intermediaries registered with SEBI
Prohibited from disposing of shares of brightcom group ltd. held by them directly or indirectly in any manner whatsoever
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 issuing prospectus or any offer document, or issue advertisement for soliciting money from public for issue of securities in any manner either directly or indirectly
Prohibited from raising any further capital from securities market, in any manner whatsoever
Prohibited from raising any further capital in any manner, directly or indirectly
Prohibited from raising money from public
Prohibited from selling, transferring, directly or indirectly, assets, properties (immovable and movable) and holding of mutual funds/shares/securities held in demat and physical form
Prohibited from taking new clients as research analyst
Prohibited from taking up any new assignment as debenture trustee or involvement in any new issue of capital including ipo, follow-on issue
Prohibited from taking up any new assignment or contract or launch a new scheme
Prohibited from transferring funds / deposits mobilised from the clients or other investors or from disposing of or alienating any asset that has been created from the funds/deposits received from their clients or other investors
Prohibited public companies in which this director has controlling/substantial interest to raise funds from capital market
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)
Reached settlement (consent order) (agreed voluntarily not to buy/sell/ deal in securities/ specified scrips or access securities market directly/indirectly in proprietary account)
Reached settlement (consent order) (agreed voluntarily not to hold directorship in any listed company)
Reached settlement (consent order) (agreed voluntarily not to invest in listed securities (other than mutual fund))
Reached settlement (consent order) (agreed voluntarily to make an open offer to shareholders of orient tradelink ltd. and divine entertainment ltd.)
Reached settlement (consent order) after passing such exams/courses, will commit to pro bono community service of at least fourteen days over the next year
Reached settlement (consent order) take up and pass specific and appropriate training courses (specified by SEBI) at their own cost within next six months
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 and further prohibited from holding and occupying any managerial post or being associated directly or indirectly with any listed public company and/or any public company which intends to raise money from public or any intermediary registered with SEBI
Restrained directors from holding any new position as director in any listed company
Restrained from accepting any position as managing director or chief executive officer in any of SEBI recognized stock exchanges
Restrained from accepting loans/deposits from public for securities market
Restrained from accessing securities market and further prohibited from buying/selling or otherwise dealing in securities (including units of mutual funds) directly or indirectly or being associated with securities market including as director or key managerial personnel in listed company or intermediary registered with SEBI of any market infrastructure institution
Restrained from accessing securities market and further prohibited from buying/selling or otherwise dealing in securities and/or units of mutual funds directly or indirectly or being associated with securities market in any manner
Restrained from accessing securities market including by issuing prospectus, offer document or advertisement soliciting money from public for issue of securities in any manner either directly or indirectly
Restrained from acting as director in any listed company
Restrained from associated with any listed company and any public company as directors/promoters which intends to raise money from the public or any intermediary with SEBI
Restrained from associated with any other listed company or SEBI registered intermediary in any capacity including director or key managerial person directly or indirectly
Restrained from associating directly or indirectly, with any registered intermediaries including SEBI registered funds such as mutual funds, alternative investment funds, portfolio management services etc. which deal with investor�s money in any manner
Restrained from associating either directly or indirectly, with any intermediary or holding any controlling shareholding in any intermediary till such time freed by competent court of the charges alleged in FIR
Restrained from associating with any intermediary registered with SEBI in any official capacity
Restrained from associating with any intermediary registered with SEBI or any listed entity or its material unlisted subsidiary
Restrained from associating with any listed public company and any public company which intends to raise money from public
Restrained from associating with any market infrastructure institution or any intermediary registered with SEBI
Restrained from associating with listed entity, a material subsidiary of listed entity or SEBI registered intermediary in any manner whatsoever
Restrained from being a member of audit committee any listed company
Restrained from being an independent director of any listed company
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 managerial position in any listed company
Restrained from holding any position of director or key managerial personnel in any listed company or any intermediary registered with SEBI and from associating with any listed public company or public company which intends to raise money from public or any intermediary registered with SEBI
Restrained from holding any position of director/trustee of capital market related institutions/entities/public positions
Restrained from holding or occupying position as director or any key managerial personnel in ndtv
Restrained from holding or occupying position as director or key managerial personnel in any listed company
Restrained from issuing any certificate, directly or indirectly, required under securities laws i.e.SEBI act
Restrained from providing investment advisory services
Restrained from selling assets, properties and holding of mutual funds/shares/securities held in demat and physical form
Restrained from selling or transferring shares in v marc india ltd. in any manner or creating third party interests in such shares including through pledge of shares
Restrained from taking up/onboarding any new clients
Restrained from violating regulation regarding processing of dematerialisation requests
Restrained preferential allottees from exercising any voting rights (through nominee or proxy) or other rights attached to shares acquired and held in preferential allotment
Restrained shareholders forming part of promoter / promoter group from holding any new position as director in any listed company
Restrained to act as an intermediary in any capacity
Show cause notice issued
Simple imprisonment for one year
Summon issued
Suspended registration as investment adviser
Suspended registration as research analysts
Suspended trading on all stock exchanges
Warned & cautions to exercise due care & diligence, in future conduct as research analyst
Warned & cautions to exercise due care & diligence, in future conduct in listed company or registered SEBI intermediary
Warned and advised to refrain from representing as sub-broker or portfolio manager or depository participant in any manner whatsoever and not hold valid certificates of registration
Warned not to provide investment advisory services unless comply with investment advisors regulations and applicable SEBI circulars
Warned/directed to be more careful while dealing with securities market
Reasons for Action
Acted as depository participants without SEBI registration
Acted as portfolio manager without SEBI registration
Acted as stock broker without SEBI registration
Acted as sub-broker without SEBI registration
Adopted improper accounting practices
Allowed wrong utilization of issue proceeds
Certificate of registration expired/surrendered/ceased/suspended
Charged exorbitant fees
Committed irregularities in contract notes
Committed irregularities in government securities transactions
Committed irregularities in maintenance of client registration/database
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
Defaulted in ensuring suitability of the advice provided
Defaulted in making disclosure of information on website
Defaulted in making disclosures to clients
Defaulted in refund of advance amount paid against booking of flats/lands
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 adhere to directives/instructions/guidelines, rules, byelaws and regulations of SEBI/stock exchange
Did not adhere to fiduciary obligations & responsibilities and did not act with due skill, care & diligence
Did not adhere to minimum public shareholding requirement
Did not adhere to provision regulation of SEBI
Did not adhere to SEBI (listing obligations and disclosure requirements) regulations, 2015
Did not appear in court
Did not exercise due skill, care & diligence
Did not fulfil net worth criterion
Did not manage fund in interest of unitholders
Did not satisfy criteria specified by exchange
Did not segregate execution services
Did not submit audit report/financial statements to the exchange in time
Executed fictitious/fraudulent/structured/unauthorised transactions
Failed to maintain proper books of accounts/records
Failed to pay dividends to shareholders
Failed to pay penalty
Failed to redress investor/creditors complaints
Filed application for seeking exemption from making public announcement
Floated bogus/fraudulent entities
Forged signatures on authority letters
Identified as vanishing company
Induced investors through false/misleading representation
Indulged in cancellation of gdrs for converting them into normal shares to sell in indian market
Indulged in diversion of funds
Indulged in fraudulent operations
Indulged in unauthorised carry forward transactions
Indulged in unauthorised trading in futures & options
Introduced unlisted shares in the market
Issued false chartered accountant's certificate
Lapses in governance at national stock exchange of india ltd.
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 letter heads of registered market intermediary
Misused stock exchange system
Misused/defaulted in maintaining client accounts
Not a fit and proper person
Not available
Obtained loans from the public assuring high interest
Operated CIS schemes without obtaining certificate of registration from SEBI
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
Solicited clients through various websites
Unauthorised operations on exchange terminals
Violated code of conduct
Violated Companies Act, 1956
Violated Companies Act, 2013
Violated criminal procedure code, 1973
Violated directives/instructions/guidelines on anti money laundering standards
Violated indian penal code, 1860
Violated listing agreement
Violated SEBI (alternative investment funds) regulations, 2012
Violated SEBI (buyback of securities) regulations, 1998
Violated SEBI (certification of associated persons in securities markets) regulations, 2007
Violated SEBI (credit rating agencies) regulations, 1999
Violated SEBI (debenture trustees) regulations, 1993
Violated SEBI (delisting of equity shares) regulations, 2009
Violated SEBI (depositories & participants) regulations, 1996
Violated SEBI (disclosure and investor protection and securities contracts (regulations) rules, 1957
Violated SEBI (disclosure and investor protection) directives/instructions/guidelines, 2000
Violated SEBI (foreign institutional investors) regulations 1995
Violated SEBI (intermediaries) regulations, 2008
Violated SEBI (investment advisors) regulations, 2013
Violated SEBI (issue & listing of debt securities) regulations, 2008
Violated SEBI (issue and listing of non-convertible redeemable preference shares) regulations, 2013
Violated SEBI (issue of capital and disclosure requirements) regulations, 2009
Violated SEBI (issue of capital and disclosure requirements) regulations, 2018
Violated SEBI (merchant banker) regulations, 1992
Violated SEBI (mutual funds) regulations, 1996
Violated SEBI (PFUTP) regulations, 1995
Violated SEBI (PFUTP) regulations, 2003
Violated SEBI (portfolio managers) regulations, 1993
Violated SEBI (prohibition of insider trading) regulations, 1992
Violated SEBI (prohibition of insider trading) regulations, 2015
Violated SEBI (registrar & share transfer agent) regulations, 1993
Violated SEBI (research analyst) regulations, 2014
Violated SEBI (settlement of administrative and civil proceedings) regulations, 2014
Violated SEBI (share based employees benefit) regulations, 2014
Violated SEBI (stock brokers & sub brokers) regulations, 1992
Violated SEBI (stock exchanges & clearing corporations) regulations, 2012
Violated SEBI (stock exchanges & clearing corporations) regulations, 2018
Violated SEBI (substantial acquisition of shares and takeovers) regulations, 2009
Violated SEBI (substantial acquisition of shares and takeovers) regulations, 2011
Violated SEBI (venture capital funds) regulations, 1996
Violated SEBI act, 1992
Violated SEBI depositories act, 1996
Violated SEBI forward contracts (regulation) act, 1952
Violated SEBI preferential issue directives/instructions/guidelines
Violated SEBI public issue directives/instructions/guidelines
Violated SEBI regulation regarding dematerialisation/depository participants
Violated SEBI rights issue directives/instructions/guidelines
Violated SEBI securities contracts (regulations) rules, 1957
Violated SEBI takeover code, 1997
Violated securities contracts (regulation) act, 1956
Violations specified in earlier SEBI/NSE orders/circulars
Portfolio Managers		19/04/2024
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 banks to ensure that no debits are made in bank accounts held jointly or severally by amrapali aadya trading & investment pvt.ltd. and aadya commodities pvt.ltd. and mr.sanjeeva kumar sinha except for the purpose of payment of money to clients/investors under written confirmation of concerned stock exchanges
Directed depositories to ensure that no debits and/or credits made in demat accounts, held jointly or severally, of entities and persons
Directed not to apply for fresh registration as portfolio manager
Directed not to dispose of or alienate any assets, movable or immovable, or any interest or investment or charge in any of such assets without prior permission of SEBI
Directed not to launch any new schemes
Directed not to take new clients in business of portfolio manager
Directed to cease & desist from undertaking any activity in securities market, directly or indirectly, in any manner whatsoever
Directed to provide full inventory of assets, movable or immovable, or any interest or investment or charge in any of such assets, including details of all banks & demat accounts and/or mutual funds investments
Directed to refund money to the investors
Directed to utilize assets of the entities only for the purpose of payment of money and/or delivery of securities, as the case may be, to clients/investors under the supervision of concerned stock exchange(s)
Imposed penalty
Prohibited from taking up any new assignment as debenture trustee or involvement in any new issue of capital including ipo, follow-on issue
Prosecution launched
Reached settlement (consent order)
Rejected application for registration as portfolio manager
Rejected application for renewal of registration as portfolio manager
Restrained from accessing securities market and further prohibited from buying/selling or otherwise dealing in securities and/or units of mutual funds directly or indirectly or being associated with securities market in any manner
Suspended registration as portfolio manager
Reasons for Action
Acted as portfolio manager without SEBI registration
Allowed wrong utilization of issue proceeds
Certificate of registration expired/surrendered/ceased/suspended
Committed irregularities in government securities transactions
Committed irregularities in maintenance of client registration/database
Did not fulfil net worth criterion
Disciplinary action taken/pending against applicant/connected companies
Failed to redress investor/creditors complaints
Induced investors through false/misleading representation
Introduced unlisted shares in the market
Manipulated market and/or indulged in unfair trade practices
Misused/defaulted in maintaining client accounts
Not a fit and proper person
Not available
Violated code of conduct
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 directives/instructions/guidelines
Violated SEBI takeover code, 1997
Violations specified in earlier SEBI/NSE orders/circulars
Un-authorised Portfolio Managers		19/04/2024
Actions by SEBI
Ceased and desist from acting as or holding themselves out to be a portfolio manager, whether using �sanbun investment� or otherwise
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/restrained from buying/selling/dealing/IPOs in securities/specified scrips directly/indirectly
Directed banks and depositories not to debit and/or credit, without permission of SEBI in respect of bank/demat accounts, held jointly and severally
Directed banks to allow debit for purpose of making refunds to clients/investors/complainants
Directed not to debit bank accounts/demat accounts, held jointly and severally except for refund and after confirmation from concerned stock exchange
Directed not to dispose of or alienate any assets, movable or immovable, or any interest or investment or charge in any of such assets without prior permission of SEBI
Directed not to dispose of or alienate any of their assets / properties / securities, till such time unlawful gains are credited to escrow account
Directed not to dispose of, alienate or encumber any assets / properties
Directed not to divert any funds raised from investors
Directed not to divert any funds raised from its existing clients / investors
Directed not to divert any funds raised from public at large kept in bank account and/or in the custody of the company
Directed not to mobilize funds from public and/or invite subscription, in any manner either directly or indirectly
Directed not to mobilize funds from public or offer any portfolio management services
Directed not to undertake any proprietary trades in securities
Directed not to undertake either directly or indirectly investment advisory services and/or research analyst activity in securities market without obtaining certificate of registration from SEBI
Directed stock exchanges, banks and depositories to ensure compliance of the directions
Directed to cease & desist from acting as portfolio manager and not to solicit or undertake such activities or any other activity in securities market, directly or indirectly, in any manner whatsoever
Directed to cease & desist from giving misleading recommendations in any public accessible media
Directed to cease & desist from undertaking any activity in securities market, directly or indirectly, in any manner whatsoever
Directed to cease to solicit or undertake portfolio manager activities or any other activity in securities market, directly or indirectly, in any manner whatsoever
Directed to deposit remaining balance amount with SEBI to be kept in escrow account
Directed to disgorge
Directed to file certificate of completion of process with SEBI from two independent peer reviewed chartered accountants
Directed to furnish bank statements of secure success plan, present asset under management, break up of aum under various asset classes, clients availing various schemes offered by them, such as name, joining date, name of scheme, end date, kyc particulars etc., client-wise detials of fund mobilized till date
Directed to immediately withdraw and remove all advertisements, representations, literatures, brochures, materials, publications, documents, website, etc. in relation to portfolio management activities in securities market
Directed to issue public notice, in all editions of two national dailies in connection with the refund of money
Directed to make refund through banking channels such as demand draft and/or pay order and/or electronic mode of transfer
Directed to provide complete details of amounts collected from investors and amount due to each of them
Directed to provide full inventory of assets owned by company
Directed to refund all the monies to investors along with income, profits or returns promised under the schemes
Directed to refund money received from clients/investors/complainant as fees or consideration or in any other form in respect of unregistered portfolio manager activities
Directed to refund money to the investors
Directed to resolve all pending complaints
Directed to submit completion report of repayment to SEBI certified by independent chartered accountant
Directed to submit repayment report to SEBI certified by two independent chartered accountants who are in panel of any public authority or public institution
Directed to wind up all the portfolio management schemes
Directed to withdraw and remove all advertisements, representations, literatures, brochures, materials, publications, documents, websites etc.
Imposed penalty
Prohibited from any unregistered portfolio management services
Prohibited from mobilizing or pooling funds from its clients, other general investors or public or any other unregistered activity, in whatever form
Prohibited from mobilizing or pooling funds from public or from offering any unregistered service, in whatever form
Prohibited from transferring funds / deposits mobilised from the clients or other investors or from disposing of or alienating any asset that has been created from the funds/deposits received from their clients or other investors
Reached settlement (consent order)
Restrained from accepting loans/deposits from public for securities market
Restrained from associating with any intermediary registered with SEBI in any official capacity
Restrained from associating with any listed public company and any public company which intends to raise money from public
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 making application to SEBI for offering portfolio management services or investment advisory services or any activity in securities market requiring registration
Restrained from selling assets, properties and holding of mutual funds/shares/securities held in demat and physical form
Reasons for Action
Acted as portfolio manager without SEBI registration
Committed irregularities in contract notes
Induced investors through false/misleading representation
Provided wrong/incomplete information to SEBI/did not co-operate with SEBI in investigations
Violated code of conduct
Violated SEBI (portfolio managers) regulations, 1993
Violated SEBI securities contracts (regulations) rules, 1957
Violations specified in earlier SEBI/NSE orders/circulars
Registrars		19/04/2024
Actions by SEBI
Cancelled registration as registrar
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 registrar
Debarred/restrained from buying/selling/dealing/IPOs in securities/specified scrips directly/indirectly
Directed depositories not to give effect to any transfer of shares
Directed not to take up new assigment of registrar & share transfer agent
Directed not to transfer shares of consortex karl doelitzeh (india) ltd. held by directors
Directed to appoint auditor before restoration of certificate of registration and certifying that systems and procedures are in place in compliance of various rules and regulations administered by SEBI
Directed to appoint independent qualified practicing company secretary who does not have any conflict of interest and who has not been engaged earlier notice, to conduct audit of corrective actions taken to cure lapses
Directed to conduct own independent due diligence/audit
Directed to disclose contents of SEBI�s directions on its website(s) immediately
Directed to file audit report
Directed to transfer records of clients to another agency/concerned companies
Imposed penalty
Prohibited from accepting fresh/new clients
Prohibited from taking any new assignment as registrar
Reached settlement (consent order)
Rejected application for registration as share transfer agent
Rejected application for renewal of registration as registrar
Restrained from taking up/onboarding any new clients
Restrained to act as an intermediary in any capacity
Suspended registration as registrar
Warned/directed to be more careful while dealing with securities market
Warned/directed to exercise due care and caution while conducting business as registrar to issue & share transfer agent
Reasons for Action
Certificate of registration expired/surrendered/ceased/suspended
Committed irregularities in maintenance of client registration/database
Dealt and introduced tainted/stolen/fabricated/duplicate shares
Defaulted/irregularities in ncfm/nism certificates
Delayed/failed to deliver/transfer securities
Did not adhere to SEBI (listing obligations and disclosure requirements) regulations, 2015
Did not exercise due skill, care & diligence
Disciplinary action taken/pending against applicant/connected companies
Failed to enter into agreement with issuer companies
Failed to maintain proper books of accounts/records
Failed to pay fees to SEBI/exchange
Failed to redress investor/creditors complaints
Inadequate resources/infrastructure/systems
Manipulated IPOs of various companies
Manipulated market and/or indulged in unfair trade practices
Not a fit and proper person
Provided wrong/incomplete information to SEBI/did not co-operate with SEBI in investigations
Violated code of conduct
Violated listing agreement
Violated SEBI (certification of associated persons in securities markets) regulations, 2007
Violated SEBI (depositories & participants) regulations, 1996
Violated SEBI (depositories & participants) regulations, 2018
Violated SEBI (PFUTP) regulations, 2003
Violated SEBI (prohibition of insider trading) regulations, 2015
Violated SEBI (registrar & share transfer agent) regulations, 1993
Violated SEBI depositories act, 1996
Violated SEBI public issue directives/instructions/guidelines
Violated SEBI regulation regarding dematerialisation/depository participants
Violations specified in earlier SEBI/NSE orders/circulars
Remisiers		19/04/2024
Actions by SEBI
Cancelled registration as remisier
Reasons for Action
Certificate of registration expired/surrendered/ceased/suspended
Stock Brokers	01/01/1997	19/04/2024
Actions by SEBI
Advised to be careful and cautious in conduct of business as a stock broker
Advised to surrender SEBI registration certificate
Bombay stock exchange & national stock exchange directed/ordered to hold the profit and gains in a separate escrow account
Cancelled registration as stock broker
Cancelled registration as stock broker for underwriting
Cease and desist from indulging in futures & options contracts
Ceased trading rights as stock broker
Censured/warned & directed to be diligent in complying with SEBI regulations
Debarred / restrained from associating with / accessing capital market / intermediaries
Debarred from being employed or associated with any registered intermediaries or other person dealing in securities market, directly or indirectly and in any other manner
Debarred from making fresh application seeking registration as commodity derivative broker
Debarred from making fresh application seeking registration as stock broker
Debarred from undertaking fresh business as stock broker
Debarred/restrained from buying/selling/dealing/IPOs in securities/specified scrips directly/indirectly
Directed annulment of sale of shares
Directed banks to ensure that no debits are made in bank accounts held jointly or severally
Directed banks to ensure that no debits are made in bank accounts held jointly or severally by amrapali aadya trading & investment pvt.ltd. and aadya commodities pvt.ltd. and mr.sanjeeva kumar sinha except for the purpose of payment of money to clients/investors under written confirmation of concerned stock exchanges
Directed banks to ensure that no debits are made in bank accounts held jointly or severally except for the purpose of payment of money to clients/investors under written confirmation of concerned stock exchanges
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 ltd.to submit detailed report in matter of alka securities ltd.
Directed BSE to impound the auction and close out proceeds
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 guarantees
Directed depositories and stock exchanges to initiate appropriate disciplinary proceedings for misuse of clients� funds and securities
Directed depositories not to give effect to any transfer of shares
Directed depositories to ensure that no debits and/or credits made in demat accounts, held jointly or severally, of entities and persons
Directed depositories to monitor movement of securities into and from DP account of clients of ksbl
Directed enquiry to be conducted
Directed exchanges and/or clearing corporations and/or depositories to appoint forensic auditor to track misuse of client's funds/securities and to identify net assets/liabilities
Directed exchanges to deal with complaints/claims of clients against member and return amount of client fund and securities to clients
Directed income tax department to take necessary actions in matter of pyramid saimira theatre ltd.
Directed internal enquiry to be conducted
Directed not to accept/induct/enrol any new client
Directed not to act upon any instruction given by ksbl in pursuance of power of attorney given to ksbl by its clients
Directed not to alienate any assets in any form till the full settlement of claims of investors are effected
Directed not to allow transfer of securities from DP account
Directed not to buy, sell or deal in securities in own/proprietary account
Directed not to buy, sell or deal in the securities market including IPOs directly or indirectly on proprietory basis
Directed not to debit bank accounts/demat accounts, held jointly and severally except for refund and after confirmation from concerned stock exchange
Directed not to dispose of or alienate any assets, movable or immovable, or any interest or investment or charge in any of such assets without prior permission of SEBI
Directed not to dispose of or alienate any assets, movable or immovable, or to create or invoke or release any interest or charge in any of such assets without prior permission of NSE and bse
Directed not to dispose of properties/assets owned or acquired without prior permission of SEBI
Directed not to engage in the activity of borrowing and lending of securities without obtaining registration from SEBI
Directed not to enter into new contract of buy and sell on his own account as principal (proprietary trade)
Directed not to launch any new schemes
Directed not to take new clients as stock broker
Directed not to undertake any proprietary trades in securities
Directed not to undertake any trades on any stock exchange recognized by SEBI on proprietary account
Directed NSDL and CDSL to freeze beneficial owner accounts of persons/entities
Directed registrar and transfer agents to ensure that securities (including mf units) in physical form not to transfer /redeem without confirmation of concerned stock exchanges
Directed stock exchanges, banks and depositories to ensure compliance of the directions
Directed to adopt due diligent measures such as checks and balances in terms of adequate systems and procedures in its operations to avoid any regulatory lapse
Directed to apply for fresh prior approval
Directed to be cautious and exercise due diligence while dealing on behalf of their clients as a stock broker
Directed to be inspected by market intermediaries regulation and supervision department (MIRSD) of SEBI
Directed to be more cautious in dealing with sub-brokers
Directed to cease & desist from committing violations of code of conduct framed for stock brokers
Directed to cease & desist from giving misleading recommendations in any public accessible media
Directed to cease & desist from undertaking any activity in securities market, directly or indirectly, in any manner whatsoever
Directed to conduct secretarial audit to identify actual shareholders and reconcile their records
Directed to cooperate with NSE in refund of funds and securities of the clients of karvy stock broking ltd.
Directed to deposit Rs.15.34 crores along with interest @ 12% p.a. from 10/09/2015 till date of payment to ipef within 45 days from date of this order
Directed to deposit Rs.4.9 crores along with interest @ 12% p.a. from 11/09/2015 till actual date of payment to ipef within 45 days from date of this order
Directed to disclose contents of SEBI�s directions on its website(s) immediately
Directed to disgorge
Directed to freeze demat accounts
Directed to freeze existing holding of securities, including units of mutual funds
Directed to impound financial assets
Directed to pay fee liability
Directed to pay fees to SEBI
Directed to provide complete details of amounts collected from investors and amount due to each of them
Directed to provide full inventory of assets (including assets under possession of receiver appointed by hon'ble high court of bombay) movable or immovable, or any interest or investment or charge in any of such assets, including details of all banks & demat accounts and/or mutual funds investments
Directed to provide full inventory of assets owned by company
Directed to provide full inventory of assets, movable or immovable, or any interest or investment or charge in any of such assets, including details of all banks & demat accounts and/or mutual funds investments
Directed to refund all the monies to investors along with income, profits or returns promised under the schemes
Directed to refund money to the investors
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 repay/refund to investors / clients money with interest @15% p.a. from the date of repayment due till the date of actual payment
Directed to reply within 15 days from date of publication of notice
Directed to review its systems and to take appropriate steps to avoid self trades and other categories of trades prohibited under SEBI regulations / guidelines
Directed to review their systems and procedures and to report SEBI accordingly
Directed to submit repayment report to SEBI certified by two independent chartered accountants who are in panel of any public authority or public institution
Directed to utilize assets only for the purpose of refund of money and/or delivery of securities
Directed to utilize assets of the entities only for the purpose of payment of money and/or delivery of securities, as the case may be, to clients/investors under the supervision of concerned stock exchange(s)
Directed violations to be taken on record for reviewing registration application
Discharged from the proceedings in matter of irregularities
Imposed penalty
Initiated enquiry proceedings
Launched criminal prosecution
Not available
Notice issued for payment of fees along with interest due there on
Prohibited from accepting fresh/new clients
Prohibited from entering any fresh agreements with new clients in operations as stock broker
Prohibited from giving any trade recommendation in respect of companies listed in any of recognized stock exchanges
Prohibited from mobilizing or pooling funds from its clients, other general investors or public or any other unregistered activity, in whatever form
Prohibited from mobilizing or pooling funds from public or from offering any unregistered service, in whatever form
Prohibited from taking any new assignment as a stock broker
Prohibited from taking any new assignment as a underwriter
Prohibited from taking up any new assignment as debenture trustee or involvement in any new issue of capital including ipo, follow-on issue
Prohibited from transferring funds / deposits mobilised from the clients or other investors or from disposing of or alienating any asset that has been created from the funds/deposits received from their clients or other investors
Prohibited to act as syndicate member/sub-syndicate member for all forthcoming issues
Prosecution launched
Reached settlement (consent order)
Reached settlement (consent order) (agreed voluntarily not to activate certificate of registration as stock broker)
Reached settlement (consent order) (agreed voluntarily not to buy/sell/ deal in securities/ specified scrips directly/indirectly)
Reached settlement (consent order) (agreed voluntarily not to register new clients for a period of 45 days)
Reached settlement (consent order) (agreed voluntarily to be suspended from registration as stock broker)
Reached settlement (consent order) (agreed voluntarily to spend a sum of Rs.1 crore on investor education and awareness programme and on development of meterials focusing on making investors more aware of their rights in connection with internet based trading in securities market within 6 months from date of receipt of this consent order)
Reached settlement (consent order) (agreed voluntary for debarment of promoters from being promoters/directors of intermediaries registered with SEBI)
Rejected application for registration as commodity derivatives broker
Rejected application for registration as stock broker
Rejected application for registration as stock broker for derivatives market
Restrained from accessing securities market and further prohibited from buying/selling or otherwise dealing in securities and/or units of mutual funds directly or indirectly or being associated with securities market in any manner
Restrained from acting as syndicate / sub-syndicate member
Restrained from executing trades in proprietary account
Restrained from taking up/onboarding any new clients
Show cause notice issued
Stock exchange advised to debit member�s deposit
Suspended registration as stock broker
Suspended registration as stock broker for underwriting
Suspended registration as sub-broker
Warned to refrain from involving in un-business like activity which may lead to interference with smooth functioning of market
Warned/directed to be more careful while dealing with securities market
Reasons for Action
Acted as portfolio manager without SEBI registration
Acted as stock broker without SEBI registration
Acted as sub-broker without SEBI registration
Acted beyond clients' mandate
Activated sub-broker terminals before getting SEBI registration
Adopted improper accounting practices
Alleged failure to pay registration fee to SEBI
Allowed wrong utilization of issue proceeds
Already set up subsidiary for broking
Attested forged signature of transferor
Certificate of registration expired/surrendered/ceased/suspended
Charged excess/different rates of brokerage
Committed irregularities in contract notes
Committed irregularities in government securities transactions
Committed irregularities in maintenance of client registration/database
Committed irregularities regarding share lending/borrowing
Dealt and introduced tainted/stolen/fabricated/duplicate shares
Dealt in cash with clients
Dealt in the scrip before its listing and not reported to the exchange
Defaulted in maintenance of �know your clients� (kyc)
Defaulted in maintenance of records of investor's complaints
Defaulted in making disclosure of bulk deals to stock exchanges
Defaulted/failed to collect margins/BMC from clients/sub-brokers
Defaulted/irregularities in pay-in obligations
Deficiencies/irregularities regarding exposure/turnover limits
Delayed rectification of bad deliveries
Delayed settling of off-the-floor transactions
Delayed/failed to deliver/transfer securities
Delayed/failed to make payment to clients
Delayed/non-payment of stamp duty
Did not adhere to conditions of provisional registration
Did not adhere to directives/instructions/guidelines, rules, byelaws and regulations of SEBI/stock exchange
Did not adhere to exchange directives/instructions/guidelines
Did not adhere to provision regulation of SEBI
Did not apply for registration of CIS
Did not exercise due skill, care & diligence
Did not file first information report in respect of stolen/fake/forged shares
Did not fulfil net worth criterion
Did not fulfil underwriting obligations
Did not issue advertisement regarding cancellation of affiliated sub-brokers
Did not maintain base minimum capital
Did not obtain prior permission from SEBI for change in firm's/company's constitution
Did not obtain written consent of clients
Did not pay fee liability statement of SEBI (interest liability regularization) schemes, 2004
Did not refund money collected under CIS
Did not report off-the-floor/spot transactions to exchange
Did not report short sales and long purchase positions to exchange
Did not submit audit report/financial statements to the exchange in time
Director of stock broking firm acted as sub broker of his own firm through his corporate entity
Effected early pay-out to council members when there were defaults by them
Engaged in non-securities business
Engaged in transactions other than arbitrage transactions
Evaded carry forward margin/margin money
Executed fictitious/fraudulent/structured/unauthorised transactions
Failed to change minimum subscription
Failed to charge minimum brokerage
Failed to enter into agreement with sub-brokers
Failed to maintain proper books of accounts/records
Failed to pay dividends to shareholders
Failed to pay fees to SEBI/exchange
Failed to pay penalty
Failed to pay penalty amount to SEBI
Failed to redress investor/creditors complaints
Failed to repay security deposits to clients
Floated bogus/fraudulent entities
Inadequate resources/infrastructure/systems
Induced investors through false/misleading representation
Indulged in irregular loans
Indulged in short sales
Indulged in unauthorised carry forward transactions
Indulged in unauthorised fund-based activities
Indulged in unauthorised trading in futures & options
Introduced unlisted shares in the market
Involved in murder of a stock broker
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 a fit and proper person
Not available
Order under section 11B read with 11 of SEBI act, 1992
Paid commission to unregistered remisier
Poor financial position not in interest of investors
Provided loan against shares of holding company
Provided wrong/incomplete information to exchanges
Provided wrong/incomplete information to SEBI/did not co-operate with SEBI in investigations
Siphoned funds out of the exchange
Unauthorised formation of trust
Unauthorised operations on exchange terminals
Violated BSE and/or NSE bye laws and regulations
Violated bye-laws/regulations/rules of NSE clearing ltd.
Violated code of conduct
Violated Companies Act, 1956
Violated directives/instructions/guidelines on anti money laundering standards
Violated indian penal code, 1860
Violated listing agreement
Violated provisions related to registration as broker
Violated SEBI (certification of associated persons in securities markets) regulations, 2007
Violated SEBI (depositories & participants) regulations, 1996
Violated SEBI (disclosure and investor protection) directives/instructions/guidelines, 2000
Violated SEBI (investment advisors) regulations, 2013
Violated SEBI (merchant banker) regulations, 1992
Violated SEBI (PFUTP) regulations, 1995
Violated SEBI (PFUTP) regulations, 2003
Violated SEBI (portfolio managers) regulations, 1993
Violated SEBI (prohibition of insider trading) regulations, 1992
Violated SEBI (stock brokers & sub brokers) regulations, 1992
Violated SEBI (stock exchanges & clearing corporations) regulations, 2012
Violated SEBI (substantial acquisition of shares and takeovers) regulations, 2011
Violated SEBI act, 1992
Violated SEBI depositories act, 1996
Violated SEBI directives/instructions/guidelines in opening of fresh demat accounts
Violated SEBI preferential issue directives/instructions/guidelines
Violated SEBI public issue directives/instructions/guidelines
Violated SEBI regulation regarding dematerialisation/depository participants
Violated SEBI securities contracts (regulations) rules, 1957
Violated SEBI takeover code, 1997
Violated securities contracts (regulation) act, 1956
Violations specified in earlier SEBI/NSE orders/circulars
Withdrew large amounts of cash and deposited in group company
Un-authorised Stock Brokers		19/04/2024
Actions by SEBI
Debarred / restrained from associating with / accessing capital market / intermediaries
Debarred/restrained from buying/selling/dealing/IPOs in securities/specified scrips directly/indirectly
Directed banks to allow debit for purpose of making refunds to clients/investors/complainants
Directed not to mobilize funds from public and/or invite subscription, in any manner either directly or indirectly
Directed to cease & desist from acting as portfolio manager and not to solicit or undertake such activities or any other activity in securities market, directly or indirectly, in any manner whatsoever
Directed to cease & desist from undertaking any activity in securities market, directly or indirectly, in any manner whatsoever
Directed to immediately withdraw and remove all advertisements, representations, literatures, brochures, materials, publications, documents, website, etc. in relation to portfolio management activities in securities market
Directed to issue public notice, in all editions of two national dailies in connection with the refund of money
Directed to make refund through banking channels such as demand draft and/or pay order and/or electronic mode of transfer
Directed to refund all the monies to investors along with income, profits or returns promised under the schemes
Directed to refund money to the investors
Directed to submit completion report of repayment to SEBI certified by independent chartered accountant
Prohibited from transferring funds / deposits mobilised from the clients or other investors or from disposing of or alienating any asset that has been created from the funds/deposits received from their clients or other investors
Prosecution launched
Restrained from accepting loans/deposits from public for securities market
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 mobilizing funds
Restrained from selling assets, properties and holding of mutual funds/shares/securities held in demat and physical form
Reasons for Action
Acted as intermediary without SEBI registration under securities lending scheme, 1997
Acted as stock broker without SEBI registration
Acted as sub-broker without SEBI registration
Committed irregularities in contract notes
Failed to maintain proper books of accounts/records
Induced investors through false/misleading representation
Manipulated market and/or indulged in unfair trade practices
Obtained loans from the public assuring high interest
Violated SEBI (PFUTP) regulations, 1995
Violated SEBI (stock brokers & sub brokers) regulations, 1992
Violated SEBI act, 1992
Violated SEBI securities contracts (regulations) rules, 1957
Violated securities contracts (regulation) act, 1956
Violations specified in earlier SEBI/NSE orders/circulars
Stock Exchanges		19/04/2024
Actions by SEBI
Advised BSE to bring such schemes which have wide and far reaching implications for securities market, to attention of SEBI and seek guidance of approval wherever required
Advised to examine role and involvement of brokers/sub-brokers by way of participation in IPOs either directly or indirectly and their dealings in the shares subsequent to listing
Ceased to be recognized stock exchange
Censured to be careful and cautious in dealings in securities market and comply with all legal requirements that govern its functions as stock exchange
Censured/warned & directed to be diligent in complying with SEBI regulations
Directed governing board of stock exchange to submit a compliance report with respect to observations which still have not been complied with
Directed not to assist, regulate or control dealings in securities in any manner
Directed not to introduce any new derivative product for the next six months from the date of this order
Directed NSE to carry out system audit at frequent intervals, after thorough appraisal of technological changes introduced from time to time
Directed NSE to deposit Rs.62.58 crores along with interest @ 12% p.a. from 11/09/2015 till date of payment to ipef within 45 days from date of this order
Directed NSE to disgorge Rs.624.89 crores along with interest @12% per annum from 01/04/2014 onwards to ipef within 45 days from the date of this order
Directed NSE to get its network architecture and infrastructure in its colo facility and its linkages to trading infrastructure audited by independent cisa/cism qualified and cert-in empanelled auditor on completion of every six months (by june 30TH and december 31ST) for the next three years
Directed NSE to implement data usage and data sharing policy after approval by governing board of NSE and to be disseminated through circular and also be displayed on the website of NSE
Directed NSE to initiate enquiry under its employees regulations against mr.mahesh soparkar and mr.deviprasad singh and submit report to SEBI within six month from date of this order
Directed NSE to prepare comprehensive documented policy including guidelines, standard operating procedures and protocols with respect to its colo facility including eligibility criteria for telecom service providers
Directed NSE to prepare detailed documented policy with respect to data usage and sharing with external persons/entities in fair & transparent manner, including data sharing with any researchers, commercial entities, overseas entities, etc., with due provisions for processes to be followed and disclosures of conflict of interest to be made at level of any employee of NSE and directed to submit action taken report along with observation of its governing board to SEBI, within three months from date of this order
Directed NSE to reconstitute its standing committee on technology at regular intervals to take stock of technological issues and frame clear policy on administering whistle blower complaints
Directed NSE to review all third party agreements having a data sharing component/provision from year 2009 onwards and take necessary legal actions against the parties with whom such agreements were signed wherever any actions of irregularity, breach of terms and conditions and other provisions of such agreements and further directed to submit action taken report along with observation of its governing board to SEBI, within three months from date of this order
Directed NSE to submit a report to SEBI duly certified by its md & ceo and with comments of its governing board certifying network architecture and connectivity at its colo facility and its linkages to trading infrastructure are in conformity with SEBI�s regulatory norms to provide fair, equitable, transparent and non-discriminatory treatment to all market intermediaries registered with NSE
Directed NSE to take necessary legal actions against mr.ajay shah, infotech financial services pvt.ltd., ms.sunita thomas and mr.krishna dagli for violating provisions of "professional service agreement" signed with infotech in connection with lix project and for misusing data made available to them and further directed to submit action taken report along with observation of its governing board to SEBI, within three months from date of this order
Directed stock exchange not to appoint mr.keyur b.mehta & mr kush b. shah on board for a period of five years
Directed stock exchange not to use any funds from investor protection fund (ipf) and investor service fund (isf) till exchange puts in place adequate checks and balances for utilisation of funds from this account to the satisfaction of SEBI
Directed stock exchange to appoint an independent auditor to assess internal control systems of exchange and implement its suggestions after discussions in board meeting within two monts from date of order
Directed stock exchange to rectify deficiencies made in last inspection report and put in place basic systems required to perform as recognized stock exchange within 3 months from the date of order
Directed the governing board of stock exchange to be more vigilant, cautious and careful in future in discharge of its functions as a self regulatory organisation
Directed to carry out comprehensive review by independent expert (consultant) of the process followed, checks in place, systems employed by NSE and submit report to SEBI along with its 'plan of action' within period of three months
Directed to engage one or more independent consultants to review entire sequence of events in the matter, process followed, checks in place and systems employed while accepting ofs bids by bse
Directed to pay balance amount of refundable financial support granted by SEBI
Directed to pay outstanding dues and annual regulatory fees including balance in accountto SEBI
Directed to pay registration fees to SEBI
Directed to refrain from transferring or alienating any movable or immovable property of exchange
Directed to refrain from using the expression �stock exchange� or any variant in its name or subsidiary company�s name
Directed to report to its board, under intimation to SEBI within a period of three (3) months as to how recommendations of consultants have been implemented including action as directed in the order
Directed to set aside sufficient funds to provide settlement of any claims
Directed to transfer money available in investor protection fund and investor services fund lying unutilized to SEBI investor protection and education fund
Imposed penalty
Prohibited from doing anything having effect of altering basic contours as well as character of exchange
Prohibited NSE from accessing securities market directly or indirectly
Prosecution launched
Reached settlement (consent order)
Recognition of stock exchange withdrawn
Rejected application filed to seek permission to deal in equity, debt and other segments
Rejected application for renewal of recognition as stock exchange
Restrained mr.hement singh jhala from holding any position as director with any SEBI registered intermediary or entity
Show cause notice issued
Show cause notice issued for supersession
Superseded board of directors/governing board/committee/council of management
Suspended from acting in any capacity in stock exchange or in any other institution related with the securities market
Trading members shall cease to be trading members
Warned & advised to comply with applicable securities laws
Warned to be more cautious and perceptive in discharge of its regulatory duties
Warned/directed to be more careful while dealing with securities market
Reasons for Action
Acted as stock exchange without SEBI recognition
Activated sub-broker terminals before getting SEBI registration
Allowed trading without obtaining approval of stock exchange
Applied to seek permission to deal in interest rate derivatives, equity, futures & options on equity and wholesale debt segments and all other segments permitted to BSE and NSE and also for SME exchange as an additional segment within itself
Commenced trading without setting up of settlement guarantee fund/trade guarantee fund
Committed irregularities in maintenance of client registration/database
Conducted affairs in a manner detrimental to interest of investors
Conducted board meetings not as per rules of the exchange
Defaulted in compliance of investor protection fund
Defaulted in management of subsidiary company
Defaulted in submission of reports under mimps regulations
Did not adhere to directives/instructions/guidelines, rules, byelaws and regulations of SEBI/stock exchange
Did not adhere to exchange directives/instructions/guidelines
Did not appoint listing committee
Did not collect/recover outstanding dues from brokers
Did not conduct half yearly inspection of subsidiary
Did not conduct inspection of subsidiary company/sub-brokers
Did not exercise due skill, care & diligence
Did not fulfil net worth criterion
Did not implement corporatisation and demutualisation scheme
Did not inspect books of accounts of its members
Did not maintain base minimum capital
Did not maintain statutory funds separately for investor service fund (isf) & settlement guarantee fund (sgf)
Did not provide adequate financial powers to executive director
Did not provide subsidy to members trading through ise services ltd.
Did not recover dues leading to drain of exchange�s resources
Did not refund refundable financial support granted by SEBI
Did not set up investor protection fund
Did not set up settlement guarantee fund
Did not take steps to stop unofficial market despite instructions from SEBI
Did not transfer interest earned on security deposit to investor protection fund
Did not valuate shares on var basis
Failed to appoint chief executive officer for its subsidiary company
Failed to appoint executive director at the exchange
Failed to comply with corporatisation & demutualization scheme
Failed to conduct inspection of brokers
Granted listing permission not in accordance with SC(R)A rules and listing agreement
Inadequate resources/infrastructure/systems
Introduced market making scheme in derivatives segment without permission of SEBI
Irregularities in sale of properties
Lapses in governance at national stock exchange of india ltd.
Manipulated market and/or indulged in unfair trade practices
Permitted draining of exchange's resources
Permitted interference from elected directors/brokers in functioning of the exchange
Permitted unauthorised carry forward transactions
Permitted violations in surveillance
Provided wrong/incomplete information to SEBI/did not co-operate with SEBI in investigations
Siphoned funds out of the exchange
Sub-brokers did not pay annual registration fee
Subsidiary did not pay lease rental
Subsidiary failed to have its own staff
Violated directives of SEBI wilfully
Violated SEBI (PFUTP) regulations, 2003
Violated SEBI (stock exchanges & clearing corporations) regulations, 2012
Violated SEBI (stock exchanges & clearing corporations) regulations, 2018
Violated SEBI (stp centralized hub and stp services providers) guidelines, 2004
Violated SEBI act, 1992
Violated SEBI public issue directives/instructions/guidelines
Violated securities contracts (regulation) act, 1956
Violations specified in earlier SEBI/NSE orders/circulars
Sub-brokers		19/04/2024
Actions by SEBI
Cancelled registration as sub-broker
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 sub broker
Debarred/restrained from buying/selling/dealing/IPOs in securities/specified scrips directly/indirectly
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, NSE, NSDL and CDSL to ensure that directions issued vide order are strictly enforce
Directed not to buy, sell or deal in the securities market including IPOs directly or indirectly on proprietory basis
Directed not to engage in the activity of borrowing and lending of securities without obtaining registration from SEBI
Directed NSDL and CDSL not to give effect to any debit instruction in demat accounts of sub broker or of any beneficial owner on authority of power of attorney
Directed to cease & desist from committing violations of code of conduct framed for sub brokers
Directed to cease & desist from giving recommendations about any investment in securities in public media
Directed to file certificate of completion of process with SEBI from two independent peer reviewed chartered accountants
Directed to freeze demat accounts
Directed to immediately withdraw and remove all advertisements, representations, literatures, brochures, materials, publications, documents, website, etc. in relation to portfolio management activities in securities market
Directed to initiate adjudication proceedings
Directed to provide full inventory of assets owned by company
Directed to refund all moneys collected from investors under the mis scheme
Directed to refund all the monies to investors along with income, profits or returns promised under the schemes
Imposed penalty
Investors cautioned to take informed decisions without being influenced by such recommendations given in public media
Offence compounded
Prohibited from mobilizing or pooling funds from its clients, other general investors or public or any other unregistered activity, in whatever form
Prohibited from raising money from public
Prohibited from taking up any fresh assignments as a sub broker
Prohibited from transferring funds / deposits mobilised from the clients or other investors or from disposing of or alienating any asset that has been created from the funds/deposits received from their clients or other investors
Prosecution launched
Reached settlement (consent order)
Reached settlement (consent order) (agreed voluntarily not to buy/sell/ deal in securities/ specified scrips directly/indirectly)
Reached settlement (consent order) (agreed voluntarily to be suspended from registration as sub-broker)
Show cause notice issued
Suspended registration as sub-broker
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
Certificate of registration expired/surrendered/ceased/suspended
Charged gala from clients
Committed irregularities in contract notes
Committed irregularities in government securities transactions
Committed irregularities in maintenance of client registration/database
Committed irregularities regarding share lending/borrowing
Dealt in cash with clients
Defaulted/failed to collect margins/BMC from clients/sub-brokers
Defaulted/irregularities in pay-in obligations
Deficiencies/irregularities regarding exposure/turnover limits
Delayed/failed to deliver/transfer securities
Delayed/failed to make payment to clients
Did not adhere to directives/instructions/guidelines, rules, byelaws and regulations of SEBI/stock exchange
Did not adhere to exchange directives/instructions/guidelines
Did not exercise due skill, care & diligence
Did not obtain written consent of clients
Did not refund money collected under CIS
Did not report off-the-floor/spot transactions to exchange
Did not submit audit report/financial statements to the exchange in time
Engaged in non-securities business
Evaded carry forward margin/margin money
Executed fictitious/fraudulent/structured/unauthorised transactions
Failed to enter into agreement with sub-brokers
Failed to maintain proper books of accounts/records
Failed to redress investor/creditors complaints
Induced investors through false/misleading representation
Indulged in short sales
Indulged in unauthorised carry forward transactions
Indulged in unauthorised fund-based activities
Indulged in unauthorised trading in futures & options
Introduced unlisted shares in the market
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
Provided wrong/incomplete information to SEBI/did not co-operate with SEBI in investigations
Siphoned funds out of the exchange
Unauthorised operations on exchange terminals
Violated code of conduct
Violated SEBI (PFUTP) regulations, 1995
Violated SEBI (portfolio managers) regulations, 1993
Violated SEBI (prohibition of insider trading) regulations, 1992
Violated SEBI (stock brokers & sub brokers) regulations, 1992
Violated SEBI act, 1992
Violated SEBI public issue directives/instructions/guidelines
Violated SEBI securities contracts (regulations) rules, 1957
Violated securities contracts (regulation) act, 1956
Violations specified in earlier SEBI/NSE orders/circulars
Un-authorised Sub-brokers		19/04/2024
Actions by SEBI
Censured/warned & directed to be diligent in complying with SEBI regulations
Debarred / restrained from associating with / accessing capital market / intermediaries
Debarred from acting as sub broker
Debarred/restrained from buying/selling/dealing/IPOs in securities/specified scrips directly/indirectly
Directed banks to allow debit for purpose of making refunds to clients/investors/complainants
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 not to undertake any proprietary trades in securities
Directed NSDL and CDSL not to give effect to any debit instruction in demat accounts of sub broker or of any beneficial owner on authority of power of attorney
Directed to cease & desist from acting as portfolio manager and not to solicit or undertake such activities or any other activity in securities market, directly or indirectly, in any manner whatsoever
Directed to file certificate of completion of process with SEBI from two independent peer reviewed chartered accountants
Directed to immediately withdraw and remove all advertisements, representations, literatures, brochures, materials, publications, documents, website, etc. in relation to portfolio management activities in securities market
Directed to immediately withdraw and remove all advertisements, representations, literatures, brochures, materials, publications, documents, website, etc. in relation to those schemes / activities (investment adviser and alternative investment fund, and/or research analyst) or any unregistered activities
Directed to issue public notice, in all editions of two national dailies in connection with the refund of money
Directed to keep money collected from investors in escrow account opened with nationalised bank and file a report with SEBI within 7 days from date of order
Directed to make refund through banking channels such as demand draft and/or pay order and/or electronic mode of transfer
Directed to provide full inventory of assets owned by company
Directed to refund all the monies to investors along with income, profits or returns promised under the schemes
Directed to refund money to the investors
Directed to submit completion report of repayment to SEBI certified by independent chartered accountant
Imposed penalty
Prohibited from mobilizing or pooling funds from public or from offering any unregistered service, in whatever form
Prohibited from transferring funds / deposits mobilised from the clients or other investors or from disposing of or alienating any asset that has been created from the funds/deposits received from their clients or other investors
Prosecution launched
Reached settlement (consent order)
Reached settlement (consent order) (agreed voluntarily not to buy/sell/ deal in securities/ specified scrips directly/indirectly)
Restrained from accepting loans/deposits from public for securities market
Restrained from associating with any intermediary registered with SEBI in any official capacity
Restrained from mobilizing funds
Restrained from selling assets, properties and holding of mutual funds/shares/securities held in demat and physical form
Warned/directed to be more careful while dealing with securities market
Reasons for Action
Acted as intermediary without SEBI registration under securities lending scheme, 1997
Acted as sub-broker without SEBI registration
Committed irregularities in contract notes
Executed fictitious/fraudulent/structured/unauthorised transactions
Failed to maintain proper books of accounts/records
Induced investors through false/misleading representation
Indulged in fraudulent operations
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 (stock brokers & sub brokers) regulations, 1992
Violated SEBI act, 1992
Violated SEBI public issue directives/instructions/guidelines
Violated SEBI securities contracts (regulations) rules, 1957
Violated securities contracts (regulation) act, 1956
Violations specified in earlier SEBI/NSE orders/circulars
Venture Capital Funds		19/04/2024
Actions by SEBI
Cancelled registration as venture capital fund
Debarred/restrained from buying/selling/dealing/IPOs in securities/specified scrips directly/indirectly
Reached settlement (consent order)
Reasons for Action
Certificate of registration expired/surrendered/ceased/suspended
Manipulated market and/or indulged in unfair trade practices
Violated SEBI (venture capital funds) regulations, 1996
Violated SEBI takeover code, 1997

REGULATORY ACTIONS PRESENTLY COVERED BY THIS WEBSITE

PERIOD COVERED

FROM

TO/UPTIL

ACE DERIVATIVES & COMMODITY STOCK EXCHANGE LTD. (since closed)

Alphabetical

Chronological

19/05/2011

31/12/2019

ASSOCIATION OF MUTUAL FUNDS OF INDIA,THE

Alphabetical

Chronological

30/09/2013

31/03/2024

BANKS

Alphabetical

Chronological

29/03/2000

05/04/2024

BOARD FOR INDUSTRIAL & FINANCIAL RECONSTRUCTION (since dissolved)

Alphabetical

Chronological

31/12/1987

31/10/2005

BSE LTD.

Alphabetical

Chronological

05/06/1995

19/04/2024

CENTRAL BOARD OF INDIRECT TAXES & CUSTOMS

Alphabetical

Chronological

01/04/2003

31/03/2024

CENTRAL BUREAU OF INVESTIGATION

Alphabetical

Chronological

05/04/2001

19/04/2024

CENTRAL DEPOSITORY SERVICES (INDIA) LTD.

Alphabetical

Chronological

15/03/2004

15/04/2024

COMPANY LAW BOARD

Alphabetical

Chronological

01/04/2000

30/06/2008

DEBT RECOVERY TRIBUNALS

Alphabetical

Chronological

16/08/2000

03/04/2024

DELHI STOCK EXCHANGE LTD. (since dissolved)

Alphabetical

Chronological

31/03/2002

30/09/2020

DEPARTMENT OF INCOME TAX

Alphabetical

Chronological

15/04/2015

31/03/2024

EMPLOYEES' PROVIDENT FUND ORGANISATION

Alphabetical

Chronological

31/03/2005

23/09/2021

INDIAN CLEARING CORP.LTD.

Alphabetical

Chronological

25/09/2012

31/03/2024

INDIAN COMMODITY EXCHANGE LTD.

Alphabetical

Chronological

10/06/2006

19/04/2024

INSOLVENCY & BANKRUPTCY BOARD OF INDIA - NATIONAL COMPANY LAW TRIBUNAL

Alphabetical

Chronological

17/01/2017

18/04/2024

INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA

Alphabetical

Chronological

28/10/2004

31/03/2024

INSURANCE REGULATORY & DEVELOPMENT AUTHORITY OF INDIA

Alphabetical

Chronological

16/08/2002

19/04/2024

INTER-CONNECTED STOCK EXCHANGE

Alphabetical

Chronological

17/04/2004

31/03/2024

METROPOLITAN STOCK EXCHANGE OF INDIA LTD.

Alphabetical

Chronological

20/05/2010

19/04/2024

MINISTRY OF CORPORATE AFFAIRS, EASY EXIT SCHEME

Alphabetical

Chronological

15/12/2010

03/08/2014

MINISTRY OF CORPORATE AFFAIRS, OFFICIAL LIQUIDATORS

Alphabetical

Chronological

27/04/1946

31/03/2018

MINISTRY OF CORPORATE AFFAIRS, PERSONS DISQUALIFIED FROM DIRECTORSHIP

Alphabetical

Chronological

31/08/2017

31/03/2024

MINISTRY OF CORPORATE AFFAIRS, REGISTRARS OF COMPANIES

Alphabetical

Chronological

27/01/2001

04/09/2015

MINISTRY OF CORPORATE AFFAIRS, SERIOUS FRAUD INVESTIGATION OFFICE

Alphabetical

Chronological

02/09/2009

31/03/2024

MINISTRY OF CORPORATE AFFAIRS, SIMPLIFIED EXIT SCHEME

Alphabetical

Chronological

06/05/2003

23/10/2009

MINISTRY OF CORPORATE AFFAIRS, VANISHING COMPANIES

Alphabetical

Chronological

30/01/2006

31/03/2024

MINISTRY OF FINANCE - FINANCIAL INTELLIGENCE UNIT

Alphabetical

Chronological

14/02/2013

31/03/2024

MINISTRY OF FINANCE - FORWARD MARKETS COMMISSION (since merged with SEBI)

Alphabetical

Chronological

23/07/2011

19/04/2024

MULTI COMMODITY EXCHANGE CLEARING CORP.LTD.

Alphabetical

Chronological

09/11/2018

19/04/2024

MULTI COMMODITY EXCHANGE OF INDIA LTD.

Alphabetical

Chronological

08/04/2011

19/04/2024

NATIONAL COMMODITY & DERIVATIVES EXCHANGE LTD.

Alphabetical

Chronological

30/03/2011

19/04/2024

NATIONAL COMMODITY CLEARING LTD.

Alphabetical

Chronological

14/05/2008

19/04/2024

NATIONAL FINANCIAL REPORTING AUTHORITY

Alphabetical

Chronological

22/07/2020

18/04/2024

NATIONAL HOUSING BANK

Alphabetical

Chronological

01/03/2006

31/03/2024

NATIONAL SECURITIES DEPOSITORY LTD.

Alphabetical

Chronological

19/11/2004

05/04/2024

NATIONAL SPOT EXCHANGE LTD.

Alphabetical

Chronological

22/08/2013

31/03/2024

NATIONAL STOCK EXCHANGE OF INDIA LTD.

Alphabetical

Chronological

01/01/2000

19/04/2024

NSE CLEARING LTD.

Alphabetical

Chronological

19/09/2013

19/04/2024

RESERVE BANK OF INDIA

Alphabetical

Chronological

01/08/1996

19/04/2024

SECURITIES AND EXCHANGE BOARD OF INDIA (For only consent orders click here)

Alphabetical

Chronological

01/01/1997

19/04/2024

UNITED NATIONS SECURITY COUNCIL

Alphabetical

Chronological

02/04/2018

31/03/2024

OTHER SOURCES IN THE OFFING
CREDIT INFORMATION BUREAU (INDIA) LTD.
ECONOMIC OFFENCES WING
ENFORCEMENT DIRECTORATE
ENVIRONMENT POLLUTION BOARD
FINANCIAL INSTITUTIONS
INSTITUTE OF COMPANY SECRETARIES OF INDIA,THE
INSTITUTE OF COST AND WORKS ACCOUNTANTS OF INDIA
LABOUR DEPARTMENT
RATING AGENCIES
SERVICE TAX
STATE FINANCIAL CORPORATIONS
STATE INDUSTRIAL DEVELOPMENT CORPORATIONS

SECURITIES AND EXCHANGE BOARD OF INDIA

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