| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
AMARANJAY KUMAR
|
|
|
|
CREDENT PORTFOLIO MANAGEMENT PVT.LTD.
|
|
SOLICITED GENERAL PUBLIC TO INVEST AND OFFERED PORTFOLIO MANAGEMANT SERVICES WITHOUT OBTAINING REGISTRATION FROM SEBI AS REQUIRED UNDER SECTION 12(1) OF SEBI ACT, 1992 READ WITH REGULATION 3 OF SEBI (PORTFOLIO MANAGERS) REGULATION, 1993 AND SECTION 12A(C) OF SEBI ACT, 1992
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 11-OCT-2010 TILL FURTHER ORDERS
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 11-OCT-2010 TILL FURTHER ORDERS
DIRECTED NOT TO MOBILIZE FUNDS FROM PUBLIC OR OFFER ANY PORTFOLIO MANAGEMENT SERVICES FROM 11-OCT-2010 TILL FURTHER ORDERS
DIRECTED TO RESOLVE ALL PENDING COMPLAINTS
11-OCT-2010
|
DIRECTION ISSUED VIDE AD-INTERIM EX-PARTE ORDER DATED 11/10/2010 CONFIRMED VIDE ORDER DATED 01/06/2011
SEBI VIDE ITS ORDER DATED 30/03/2012 DIRECTED 1.NOT TO SOLICIT OR UNDERTAKE ANY PORTFOLIO MANAGEMENT ACTIVITIES, DIRECTLY OR INDIRECTLY, IN ANY MANNER WITHOUT OBTAINING REGISTRATION FROM SEBI 2.TO IMMEDIATELY WITHDRAW AND REMOVE ADVERTISEMENTS, REPRESENTATIONS, LITERATURES, BROCHURES, MATERIALS, PUBLICATIONS, DOCUMENTS, WEBSITES ETC IN RELATION TO PORTFOLIO MANAGEMENT ACTIVITIES, IF ANY
|
| 2 |
|
|
ANIL THUKRAL
|
|
|
VIOLATED SECTION 24 (1) OF SEBI (PORTFOLIO MANAGERS) REGULATIONS, 1993
|
PROSECUTION LAUNCHED
31-MAR-2010
|
ABATED
|
| 3 |
|
|
ARUN KUMAR CHOWDHURY
|
|
|
|
SHREEJEE CAPITAL MANAGEMENT LTD.
|
|
VIOLATED SECTION 24 OF SEBI ACT, 1992
VIOLATED SEBI (PORTFOLIO MANAGERS) REGULATIONS, 1993
|
PROSECUTION LAUNCHED
15-MAY-2006
|
ACCUSED NO.1 TO 6 ACQUITTED
|
| 4 |
|
|
DHIRENDRA PRATAP SRIVASTAVA
|
|
|
|
SHREEJEE CAPITAL MANAGEMENT LTD.
|
|
VIOLATED SECTION 24 OF SEBI ACT, 1992
VIOLATED SEBI (PORTFOLIO MANAGERS) REGULATIONS, 1993
|
PROSECUTION LAUNCHED
15-MAY-2006
|
ACCUSED NO.1 TO 6 ACQUITTED
|
| 5 |
|
|
DILIP ANANTRAI DESAI
(PAN:AABPD3489M)
|
|
|
|
ASIAN CORPORATE CONSULTANCY
|
|
ALLEGED VIOLATION OF REGULATION 3 OF SEBI (PORTFOLIO MANAGER) REGULATIONS, 1993 READ WITH SECTION 12(1) OF SEBI ACT, 1992 IN MATTER OF ASIAN CORPORATE CONSULTANCY
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.7,40,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
06-NOV-2018
|
|
| 6 |
|
|
KALAPI SHAH
(PAN:ASAPS3736M)
|
|
|
|
TEJI MANDI ANALYTICS PVT.LTD.
PAN:AACCT9530H
|
|
AIDED AND ABETTED ANUGRAH STOCK & BROKING PVT.LTD. IN PROVIDING DERIVATIVE ADVISORY SERVICES BY PROMISING ASSURED RETURNS VIOLATING SECTION 12(1) OF SEBI ACT, 1992 READ WITH REGULATION 3 OF SEBI (PMS) REGULATIONS, 1993
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 15-APR-2025 TO 14-APR-2030
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 15-APR-2025 TO 14-APR-2030
15-APR-2025
|
|
| 7 |
|
|
KRISHNA CHEEMALAPATI
(PAN:ADHPC3794M)
|
|
|
|
INVESCO ASSET MANAGEMENT (INDIA) PVT.LTD.
PAN:AACCG3908J
|
|
ALLEGED FAILURE IN SEGREGATION OF ACTIVITIES BETWEEN PORTFOLIO MANAGEMENT AND MUTUAL FUND ACTIVITIES IN THE MATTER OF INVESCO ASSET MANAGEMENT (INDIA) PVT.LTD.
ALLEGED FAILURE TO MAINTAIN ADEQUATE INFRASTRUCTURE, MANPOWER WITH PORTFOLIO MANAGER FOR EFFECTIVELY DISCHARGING ACTIVITIES
ALLEGED FAILURE TO MAINTAIN ARMS-LENGTH RELATIONSHIP WITH INVESCO MUTUAL FUND ARM BY CLEARLY SEGREGATING ITS ACTIVITIES AS PORTFOLIO MANAGER/INVESTMENT ADVISER FROM MUTUAL FUND ACTIVITY
ALLEGED FAILURE TO ENSURE THAT INVESTMENTS ARE DONE TO ACHIEVE OBJECTIVES OF SCHEME BY APPLYING INDEPENDENT BUSINESS JUDGMENT AND IN INTEREST OF UNITHOLDERS IN CERTAIN INVESTMENTS
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.4,98,55,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
24-APR-2024
|
|
| 8 |
|
|
MRITUNJAY KUMAR
|
|
|
|
CREDENT PORTFOLIO MANAGEMENT PVT.LTD.
|
|
SOLICITED GENERAL PUBLIC TO INVEST AND OFFERED PORTFOLIO MANAGEMANT SERVICES WITHOUT OBTAINING REGISTRATION FROM SEBI AS REQUIRED UNDER SECTION 12(1) OF SEBI ACT, 1992 READ WITH REGULATION 3 OF SEBI (PORTFOLIO MANAGERS) REGULATION, 1993 AND SECTION 12A(C) OF SEBI ACT, 1992
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 11-OCT-2010 TILL FURTHER ORDERS
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 11-OCT-2010 TILL FURTHER ORDERS
DIRECTED NOT TO MOBILIZE FUNDS FROM PUBLIC OR OFFER ANY PORTFOLIO MANAGEMENT SERVICES FROM 11-OCT-2010 TILL FURTHER ORDERS
DIRECTED TO RESOLVE ALL PENDING COMPLAINTS
11-OCT-2010
|
DIRECTION ISSUED VIDE AD-INTERIM EX-PARTE ORDER DATED 11/10/2010 CONFIRMED VIDE ORDER DATED 01/06/2011
SEBI VIDE ITS ORDER DATED 30/03/2012 DIRECTED 1.NOT TO SOLICIT OR UNDERTAKE ANY PORTFOLIO MANAGEMENT ACTIVITIES, DIRECTLY OR INDIRECTLY, IN ANY MANNER WITHOUT OBTAINING REGISTRATION FROM SEBI 2.TO IMMEDIATELY WITHDRAW AND REMOVE ADVERTISEMENTS, REPRESENTATIONS, LITERATURES, BROCHURES, MATERIALS, PUBLICATIONS, DOCUMENTS, WEBSITES ETC IN RELATION TO PORTFOLIO MANAGEMENT ACTIVITIES, IF ANY
|
| 9 |
|
|
NALIN PASRICHA
(PAN:AADPP9618A)
|
|
|
ALLEGED INDULGENCE IN SENDING SIGNALS DIRECTLY TO THE BROKERS OF THE CLIENT’S VIOLATING SECTION 12(1) OF SEBI ACT, 1992 READ WITH REGULATION 3 OF SEBI (PORTFOLIO MANAGER) REGULATIONS, 1993
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.54,40,000 VIDE CONSENT ORDER)
04-JUN-2015
|
|
| 10 |
|
|
NISHIKANT CHATURVEDI
|
|
|
|
SHREEJEE CAPITAL MANAGEMENT LTD.
|
|
VIOLATED SECTION 24 OF SEBI ACT, 1992
VIOLATED SEBI (PORTFOLIO MANAGERS) REGULATIONS, 1993
|
PROSECUTION LAUNCHED
15-MAY-2006
|
ACCUSED NO.1 TO 6 ACQUITTED
|
| 11 |
|
|
NITISH SIKAND
(PAN:ATZPS0141C)
|
|
|
|
INVESCO ASSET MANAGEMENT (INDIA) PVT.LTD.
PAN:AACCG3908J
|
|
ALLEGED FAILURE IN SEGREGATION OF ACTIVITIES BETWEEN PORTFOLIO MANAGEMENT AND MUTUAL FUND ACTIVITIES IN THE MATTER OF INVESCO ASSET MANAGEMENT (INDIA) PVT.LTD.
ALLEGED FAILURE TO MAINTAIN ADEQUATE INFRASTRUCTURE, MANPOWER WITH PORTFOLIO MANAGER FOR EFFECTIVELY DISCHARGING ACTIVITIES
ALLEGED FAILURE TO MAINTAIN ARMS-LENGTH RELATIONSHIP WITH INVESCO MUTUAL FUND ARM BY CLEARLY SEGREGATING ITS ACTIVITIES AS PORTFOLIO MANAGER/INVESTMENT ADVISER FROM MUTUAL FUND ACTIVITY
ALLEGED FAILURE TO ENSURE THAT INVESTMENTS ARE DONE TO ACHIEVE OBJECTIVES OF SCHEME BY APPLYING INDEPENDENT BUSINESS JUDGMENT AND IN INTEREST OF UNITHOLDERS IN CERTAIN INVESTMENTS
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.4,98,55,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
24-APR-2024
|
|
| 12 |
|
|
PARESH MULJI KARIYA
(PAN:AAEPK0469M)
|
|
|
|
ANUGRAH STOCK & BROKING PVT.LTD.
PAN:AAACW2920N
(Depository Participants : CDSL,Member : NSE/BSE/MSEI)
|
|
INDULGED IN ACTIVITY OF PORTFOLIO MANAGER WITHOUT SEBI REGISTRATION
PROMISED ASSURED RETURNS TO CLIENTS
INDULGED IN MANIPULATIVE, FRAUDULENT OR DECEPTIVE SCHEMES WHILE DEALING IN SECURITIES MARKET
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 28-FEB-2023 TO 27-FEB-2030
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 28-FEB-2023 TO 27-FEB-2030
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
28-FEB-2023
|
SAT: SAT VIDE ITS ORDER DATED 24/10/2024 GRANTED APPELLANTS FOUR WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 24/02/2025 GRANTED APPELLANT TWO WEEKS TO FILE APPLICATION FOR AMENDMENT IN PLEADING AND ALSO TO FILE REJOINDER
|
| 13 |
|
|
PARESH MULJI KARIYA
(PAN:AAEPK0469M)
|
|
|
|
ANUGRAH STOCK & BROKING PVT.LTD.
PAN:AAACW2920N
|
|
INDULGED IN ACTIVITY OF PORTFOLIO MANAGER WITHOUT SEBI REGISTRATION
PROMISED ASSURED RETURNS TO CLIENTS
INDULGED IN MANIPULATIVE, FRAUDULENT OR DECEPTIVE SCHEMES WHILE DEALING IN SECURITIES MARKET
|
RESTRAINED FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY AND ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC FROM 28-FEB-2023 TO 27-FEB-2028
IMPOSED PENALTY RS.1,40,00,000
28-FEB-2023
|
SAT: SAT VIDE ITS ORDER DATED 24/10/2024 GRANTED APPELLANTS FOUR WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 22/11/2024 GRANTED EXTENSION OF FOUR WEEKS TO FILE REJOINDER
|
| 14 |
|
|
RAJ KUMAR SHUKLA
|
|
|
|
SHREEJEE CAPITAL MANAGEMENT LTD.
|
|
VIOLATED SECTION 24 OF SEBI ACT, 1992
VIOLATED SEBI (PORTFOLIO MANAGERS) REGULATIONS, 1993
|
PROSECUTION LAUNCHED
15-MAY-2006
|
ACCUSED NO.1 TO 6 ACQUITTED
|
| 15 |
|
|
RAJEEV KAPOOR
|
|
|
|
CYBERSPACE LTD.
|
|
|
DELTA ALLIANCE FINANCIAL SERVICES
|
|
|
DELTA FINANCIAL SERVICES
|
|
VIOLATED SECTION 24 (1) OF SEBI (PORTFOLIO MANAGERS) REGULATIONS, 1993
FAILED TO PAY PENALTY
|
PROSECUTION LAUNCHED
15-MAY-2006
|
SINCE ACCUSED DECLARED PO. FILE CONSIGNED TO RECORDS ROOM
|
| 16 |
|
|
RAJEEV KAPOOR
|
|
|
|
CYBERSPACE LTD.
|
|
|
IMAX EQUITY RESEARCH
|
|
VIOLATED SEBI (PFUTP) REGULATIONS, 1995
VIOLATED SEBI (PORTFOLIO MANAGERS) REGULATIONS, 1993
|
PROSECUTION LAUNCHED
31-MAR-2010
|
|
| 17 |
|
|
RAKESH KUMAR SRIVASTAVA
|
|
|
|
SHREEJEE CAPITAL MANAGEMENT LTD.
|
|
VIOLATED SECTION 24 OF SEBI ACT, 1992
VIOLATED SEBI (PORTFOLIO MANAGERS) REGULATIONS, 1993
|
PROSECUTION LAUNCHED
15-MAY-2006
|
ACCUSED NO.1 TO 6 ACQUITTED
|
| 18 |
|
|
SADHANA PARESH KARIYA
(PAN:AJHPK6018N)
|
|
|
|
ANUGRAH STOCK & BROKING PVT.LTD.
PAN:AAACW2920N
|
|
INDULGED IN ACTIVITY OF PORTFOLIO MANAGER WITHOUT SEBI REGISTRATION
PROMISED ASSURED RETURNS TO CLIENTS
INDULGED IN MANIPULATIVE, FRAUDULENT OR DECEPTIVE SCHEMES WHILE DEALING IN SECURITIES MARKET
|
RESTRAINED FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY AND ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC FROM 28-FEB-2023 TO 27-FEB-2028
IMPOSED PENALTY RS.1,40,00,000
28-FEB-2023
|
SAT: SAT VIDE ITS ORDER DATED 24/10/2024 GRANTED APPELLANTS FOUR WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 22/11/2024 GRANTED EXTENSION OF FOUR WEEKS TO FILE REJOINDER
|
| 19 |
|
|
SADHANA PARESH KARIYA
(PAN:AJHPK6018N)
|
|
|
|
ANUGRAH STOCK & BROKING PVT.LTD.
PAN:AAACW2920N
(Depository Participants : CDSL,Member : NSE/BSE/MSEI)
|
|
INDULGED IN ACTIVITY OF PORTFOLIO MANAGER WITHOUT SEBI REGISTRATION
PROMISED ASSURED RETURNS TO CLIENTS
INDULGED IN MANIPULATIVE, FRAUDULENT OR DECEPTIVE SCHEMES WHILE DEALING IN SECURITIES MARKET
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 28-FEB-2023 TO 27-FEB-2030
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 28-FEB-2023 TO 27-FEB-2030
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
28-FEB-2023
|
SAT: SAT VIDE ITS ORDER DATED 24/10/2024 GRANTED APPELLANTS FOUR WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 22/11/2024 GRANTED EXTENSION OF FOUR WEEKS TO FILE REJOINDER
|
| 20 |
|
|
SAIYAD JIYAJUR RAHAMAN
(PAN:BCNPR5031A)
|
|
|
|
LFS BROKING PVT.LTD.
PAN:AACCL1007D
|
|
PROMISED ASSURED RETURNS TO CLIENTS
|
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 FROM 28-JUN-2024 TO 27-JUN-2029
28-JUN-2024
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
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