| S.No. |
ENTITY |
PERSON |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
ALICE BLUE FINANCIAL SERVICES PVT.LTD.
|
|
|
FALSE REPORTING OF MARGIN FROM CLIENTS
|
IMPOSED PENALTY FROM 06-JUN-2020 TO 06-JUN-2020Rs.4,35,02,000
27-JUN-2020
SUSPENDED REGISTRATION AS STOCK BROKER FROM 06-JUN-2020 TO 06-JUN-2020
|
SAT VIDE ITS ORDER DATED 27/06/2020 DIRECTED NSE TO FILE REPLY WITHIN FOUR WEEKS FROM DATE OF THIS ORDER. IMPUGNED ORDER SUSPENDING TRADING OF THE APPELLANT FOR ONE DAY TO REMAIN STAYED DURING PENDENCY OF THE APPEAL. PENALTY AMOUNT SO DEPOSITED WILL BE KEPT IN ESCROW ACCOUNT BY NSE
|
| 2 |
|
|
ASIT C.MEHTA INVESTMENT INTERMEDIATES LTD.
|
|
|
FALSE REPORTING OF MARGIN FROM CLIENTS
|
IMPOSED PENALTY Rs.3,50,000
17-NOV-2021
|
SAT: SAT VIDE ITS ORDER DATED 17/11/2021 PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY AMOUNT TO RS.3,50,000 LAC FROM RS.7,05,600
|
| 3 |
|
|
CAB SECURITIES LTD.
|
|
|
FALSE REPORTING OF MARGIN FROM CLIENTS
|
SUSPENDED FROM TRADING FROM 20-JUL-2018 Rs.31,88,600
24-SEP-2019
IMPOSED PENALTY FROM 20-JUL-2018
|
SAT: APPEAL DISMISSED. NO COSTS
|
| 4 |
|
|
JUNJHARJI INVESTMENT PVT.LTD.
|
|
|
FALSE REPORTING OF MARGIN FROM CLIENTS
DID NOT CO-OPERATE IN PROVIDING DATA DURING INSPECTION
MISUTILISED CLIENTS FUNDS AND/OR SECURITIES
DID NOT RECONCILE CLIENT SECURITIES IN BENEFICIARY ACCOUNTS WITH THE BACK-OFFICE RECORDS
DID NOT SETTLE CLIENT’S FUNDS AND/OR SECURITIES
SUBMITTED INCORRECT DATA TOWARDS CLIENT LEVEL HOLDING STATEMENT
DID NOT ISSUE STATEMENT OF ACCOUNT AND RETENTION STATEMENTS TO CLIENTS
FUNDED CLIENTS HAVING DEBIT BALANCES BY PROVIDING FURTHER EXPOSURE
SUBMITTED INCORRECT DATA IN RESPECT OF WEEKLY MONITORING OF CLIENT FUNDS
OPERATED TRADING TERMINAL WITHOUT HOLDING VALID CERTIFICATE/REGISTRATION
|
IMPOSED PENALTY FROM 14-SEP-2022 TO 15-SEP-2022Rs.44,79,300
24-AUG-2022
SUSPENDED REGISTRATION AS STOCK BROKER FROM 14-SEP-2022 TO 15-SEP-2022
|
NSE VIDE ITS ORDER DATED 15/03/2023 UPHELD EARLIER ORDER DATED 24/08/2022
|
| 5 |
|
|
NEON VINIMAY PVT.LTD.
|
|
|
FALSE REPORTING OF MARGIN FROM CLIENTS
|
IMPOSED PENALTY FROM 11-SEP-2018 TO 11-SEP-2018Rs.13,47,346
26-APR-2019
SUSPENDED REGISTRATION AS STOCK BROKER FROM 11-SEP-2018 TO 11-SEP-2018
|
SAT: SAT VIDE ITS ORDER DATED 26/04/2019 PARTLY ALLOWED THE APEAL BY UPHELDING ONLY MONETARY PENALTY. NO COSTS
|
| 6 |
|
|
SUNSHINE STOCK BROKING PVT.LTD.
|
|
|
FALSE REPORTING OF MARGIN FROM CLIENTS
|
IMPOSED PENALTY FROM 27-JUN-2020 Rs.99,18,800
29-OCT-2020
SUSPENDED REGISTRATION AS STOCK BROKER FROM 27-JUN-2020
|
SAT: SAT VIDE ITS ORDER DATED 29/10/2020 ALLOWED THE APEAL AND SET ASIDED IMPUGNED ORDER DATED 27/06/2020AND REMANDED THE MATTER TO COMMITTEE TO DECIDE AFRESH
|
| 7 |
|
|
YES SECURITIES (INDIA) LTD.
|
|
|
DID NOT ADHERE TO THE DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY NSE
PASSED NEW PENALTY ON UPFRONT/PEAK MARGIN TO CLIENTS
FALSE REPORTING OF MARGIN FROM CLIENTS
|
IMPOSED PENALTY FROM 26-MAY-2026 TO 25-AUG-2026Rs.2,00,000
26-MAY-2026
DIRECTED TO REFUND PENALTY PASSED ON TO ALL THE CLIENTS PERTAINING TO UPFRONT/PEAK MARGIN FROM 26-MAY-2026 TO 25-AUG-2026
DIRECTED TO SUBMIT AUDITOR'S CERTIFICATE CONFIRMING REFUNDS FROM 26-MAY-2026 TO 25-AUG-2026
PROHIBITED FROM ONBOARDING NEW CLIENTS FROM 26-MAY-2026 TO 25-AUG-2026
|
MEMBER COMMITTEE OF NSE VIDE ITS ORDER DATED 01/07/2026 LIFTED THE PROHIBITION IMPOSED ON ONBOARDING NEW CLIENTS WITH EFFECT FROM THE DATE OF THIS ORDER
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
