| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
BEELINE BROKING LTD.
(Depository Participant : NSDL)
|
|
|
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
MISUSED PLEDGING OF CLIENT’S SECURITIES
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
INCORRECT REPORTING OF MARGIN TO STOCK EXCHANGES
DISCREPANCIES IN CLIENT REGISTRATION PROCESS (KYC, KRA AND CKYCR PROCESS)
DID NOT HAVE PROOF OF ORDER ACCEPTANCE VERIFICATION
MADE INCORRECT AND/OR DID NOT REPORT ENHANCED SUPERVISION OF DATA TO STOCK EXCHANGES
DID NOT ADHERE TO DELIVERY INSTRUCTION SLIP (DIS) AND TRANSFER RELATED ASPECT
|
IMPOSED PENALTY RS.12,00,000
15-SEP-2021
|
|
| 2 |
|
|
BOI SHAREHOLDING LTD.
(Depository Participant : NSDL)
|
|
|
DID NOT ADHERE TO ANTI-MONEY LAUNDERING CIRCULAR, BENEFICIAL OWNERSHIP CIRCULAR AND ADDENDUM TO AML CIRCULAR VIOLATING CLAUSE 11 OF THIRD SCHEDULE OF CODE OF CONDUCT FOR PARTICIPANTS READ WITH REGULATION 20AA OF SEBI (DEPOSITORIES AND PARTICIPANTS) REGULATIONS, 1996
|
IMPOSED PENALTY RS.6,00,000
31-JUL-2017
|
SAT: SAT VIDE ITS ORDER DATED 12/04/2018 REDUCED THE PENALTY AMOUNT TO RS.6 LACS FROM RS.40 LACS. NO COSTS
SAT: SAT VIDE ITS ORDER DATED 20/01/2021 DISPOSED OFF PRESENT APPEAL AND DIRECTED SEBI TO CONSIDER AND DECIDE REVIEW APPLICATION OF THE APPELLANTS WITHIN TWO WEEKS FROM DATE OF THIS ORDER
SAT: SAT VIDE ITS ORDER DATED 22/04/2021 DISMISSED THE APPEAL
|
| 3 |
|
|
IFCI FINANCIAL SERVICES LTD.
(PAN:AAACI0567P)
(Depository Participant : NSDL)
|
|
|
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES OF SEBI CIRCULAR NO.CIR/MRD/DMS/13/2010 DATED 23/04/2010 READ WITH CIR/MRD/DMS/28/2010 DATED 31/08/2010 VIOLATING CLAUSE 11 OF CODE OF CONDUCT SPECIFIED UNDER THIRD SCHEDULE READ WITH REGULATION 20AA AND 20(2)(B) OF SEBI (DEPOSITORIES & PARTICIPANTS) REGULATIONS, 1996
DID NOT ADHERE TO VARIOUS SEBI CIRCULARS
|
IMPOSED PENALTY RS.2,00,000
16-MAY-2019
|
|
| 4 |
|
|
INDIA INFOLINE LTD.
(Depository Participant : NSDL)
|
|
|
ALLEGED VIOLATION OF REGULATIONS 20A, 49, 54(4) AND 61 OF SEBI (DEPOSITORIES AND PARTICIPANTS) REGULATIONS, 1996 IN MATTER OF INDIA INFOLINE LTD.
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.75,000, ADMINISTRATION CHARGES RS.25,000 VIDE CONSENT ORDER)
05-JUN-2009
|
|
| 5 |
|
|
JAYPEE CAPITAL SERVICES LTD.
(Depository Participant : NSDL)
|
|
|
DID NOT INFORM SEBI ABOUT TERMINATION OF AGREEMENT BY DEPOSITORIES VIOLATING CLAUSE 14 OF CODE OF CONDUCT UNDER SCHEDULE III READ WITH REGULATION 20AA OF SEBI (DEPOSITORIES AND PARTICIPANTS) REGULATIONS, 1996
|
CANCELLED REGISTRATION AS DEPOSITORY PARTICIPANT
31-MAR-2020
|
|
| 6 |
|
|
SURAT PEOPLE'S CO-OPERATIVE BANK LTD.,THE
(Depository Participant : NSDL)
|
|
|
VIOLATED SEBI REGULATION REGARDING PROCESSING OF DEMATERIALISATION REQUESTS WITHIN THE STIPULATED PERIOD
DID NOT FOLLOW PRESCRIBED PROCEDURE FOR OPENING OF BENEFICIARY ACCOUNT
|
IMPOSED PENALTY RS.20,000
29-SEP-2005
|
|
| 7 |
|
|
TRANSWORLD SECURITIES LTD.
(Depository Participant : NSDL)
|
|
|
ALLEGED FAILURE IN ISSUANCE OF CONTRACT NOTES
ALLEGED DISCREPANCIES IN KNOW YOUR CLIENT FORMS
ALLEGED FAILURE IN TAKING PROOF OF IDENTITY AND ADDRESS OF ITS CLIENTS WHILE OPENING BENEFICIARY ACCOUNTS
ALLEGED FAILURE IN MAINTENANCE OF NOMINATION REGISTER
ALLEGED DISCREPANCY IN ISSUANCE OF CONTRACT NOTES
ALLEGED FAILURE IN APPOINTMENT OF NCFM CERTIFIED PERSONS IN SOME OF ITS BRANCHES
ALLEGED DELAY IN SUBMISSION OF ANNUAL ACCOUNTS AND NETWORTH CERTIFICATE TO NSDL
ALLEGED DIRECTOR OF STOCK BROKING FIRM ACTED AS SUB BROKER OF HIS OWN FIRM THROUGH HIS CORPORATE ENTITY
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.2,50,000 VIDE CONSENT ORDER)
27-MAY-2011
|
|
| 8 |
|
|
VIVEK FINANCIAL FOCUS LTD.
(PAN:AAACV4309A)
(Depository Participant : NSDL)
|
|
|
FACILITATED DEMATERIALIZATION OF LOCKED-IN SHARES OF SHONKH TECHNOLOGIES INTERNATIONAL LTD. OWNED BY ADVANCE HOVERCRAFT & COMPOSITES INDIA LTD.
|
IMPOSED PENALTY RS.50,000
28-SEP-2011
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
