| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 201 |
|
SOMANI STOCK BROKING PVT.LTD.
(Member : CSE)
|
|
|
DEFAULTED IN MAINTENANCE OF DOCUMENTS REGISTER
DEFAULTED/IRREGULARITIES IN MAINTENANCE OF ORDER BOOK
DEFAULTED IN MAINTENANCE OF MARGIN DEPOSIT BOOK
DID NOT MAINTAIN CLIENT AGREEMENTS
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT COLLECT MARGINS FROM CLIENTS
EXECUTED NEGOTIATED DEALS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 14-OCT-2002 TO 13-APR-2003
17-OCT-2002
|
|
| 202 |
|
|
SUBHASH BAHETI & CO.
(Member : CSE)
|
|
|
DEFAULTED/IRREGULARITIES IN MAINTENANCE OF ORDER BOOK
DEFAULTED IN MAINTENANCE OF MARGIN DEPOSIT BOOK
DID NOT DELIVER SECURITIES TO CLIENTS IN TIME
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DEFICIENCIES IN MEMBER-CLIENT AGREEMENTS
DEFICIENCIES IN REGISTRATION FORMS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 01-JUN-2006 TO 15-JUN-2006
11-MAY-2006
|
|
| 203 |
|
|
SUBHASH GANGWAL,M/S
(Member : JSE)
|
|
|
|
SUBHASH GANGWAL
|
|
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
COMMITTED IRREGULARITIES/DEFAULTED IN ISSUANCE OF CONFIRMATION MEMOS
DID NOT DELIVER SECURITIES TO CLIENTS IN TIME
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DEFICIENCIES IN CLIENT DATABASE
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY SEBI
DID NOT EXERCISE DUE SKILL AND DILIGENCE
|
IMPOSED PENALTY RS.40,000
03-NOV-2004
|
|
| 204 |
|
|
SUMEDHA FISCAL SERVICES LTD.
(Member : NSE)
|
|
|
|
BHAVANI SHANKAR RATHI
|
|
|
BIJAY MUMURIA
|
|
DEFAULTED/IRREGULARITIES IN MAINTENANCE OF ORDER BOOK
DEFAULTED IN MAINTENANCE OF MARGIN DEPOSIT BOOK AND DOCUMENT REGISTER
DID NOT ISSUE CONTRACT NOTES
DID NOT MAINTAIN CLIENT AGREEMENTS
DEALT WITH UN-REGISTERED SUB-BROKERS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT COLLECT MARGINS FROM CLIENTS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 09-JUN-2003 TO 08-OCT-2003
19-MAY-2003
|
SAT: IMPUGNED ORDER MODIFIED AND PENALTY REDUCED FROM SUSPENSION OF 4 MONTHS TO STRONG WARNING,APPEAL DISPOSED OFF WITH NO ORDER AS TO COSTS
|
| 205 |
|
|
SUNCHAN SECURITIES LTD.
(PAN:AAFCS8953A)
(Depository Participants : CDSL,Member : BSE/NSE/OTC)
|
|
|
|
AJAY JANARDAN KOTWAL
|
|
|
KANCHAN MANSINGHANI
|
|
|
RIYAZ ISMAIL SHAIKH
|
|
|
SUNIL MANSINGHANI
|
|
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
FAILED TO DELIVER SHARES TO CLIENTS
DID NOT MAKE PAYMENT TO CLIENTS
DEFAULTED IN MAINTENANCE OF BOOKS/DOCUMENTS
DID NOT REDRESS INVESTOR COMPLAINTS
DID NOT PRODUCE BOOKS OF ACCOUNTS TO SEBI FOR INSPECTION
SUBMITTED WRONG INFORMATION TO SEBI
FAILED TO COMPLY WITH THE UNIQUE CLIENT CODE AS PRESCRIBED BY SEBI
DID NOT EXERCISE DUE CARE AND DILIGENCE IN CONDUCT OF ITS BUSINESS AS A BROKER
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 30-JAN-2009 TILL FURTHER ORDERS
DIRECTED DEPOSITORIES NOT TO GIVE EFFECT TO ANY TRANSFER OF SHARES
DIRECTED NOT TO ACT AS DEPOSITORY PARTICIPANT FROM 30-JAN-2009 TILL FURTHER ORDERS
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
CANCELLED REGISTRATION AS STOCK BROKER FROM 30-JAN-2009 TILL FURTHER ORDERS
30-JAN-2009
|
AD-INTERIM EX-PARTE ORDER DATED 30/01/2009 CONFIRMED
SEBI VIDE ORDER DATED 08/12/2010 CANCELLED CERTIFICATE OF REGISTRATION AS STOCK BROKER W.E.F. 29/12/2010
|
| 206 |
|
|
SUNIDHI CONSULTANCY SERVICES LTD.
(Member : NSE)
|
|
|
DID NOT ADHERE TO "KNOW YOUR CLIENT" DIRECTIVES/INSTRUCTIONS/GUIDELINES
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
13-JAN-2006
|
|
| 207 |
|
|
SURENDRA R.SHAH,M/S
(Member : PSE)
|
|
|
|
SURENDRA RASIKLAL SHAH
|
|
DEFAULTED IN MAINTENANCE OF MARGIN DEPOSIT BOOK
DEFICIENCIES IN CLIENT DATABASE
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 18-JAN-2005 TO 27-JAN-2005
28-DEC-2004
|
|
| 208 |
|
|
SURINDER SECURITIES PVT.LTD.
(Member : UPSE)
|
|
|
DID NOT ISSUE CONTRACT NOTES
INDULGED IN ILLEGAL CARRY FORWARD TRANSACTIONS
DID NOT MAINTAIN CLIENT REGISTRATION FORMS
DID NOT MAINTAIN CLIENT AGREEMENTS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 03-JUN-2003 TO 02-OCT-2003
13-MAY-2003
|
|
| 209 |
|
|
SUSHILA N.RUNGTA,M/S
(Member : BSE)
|
|
|
|
SUSHILA NIRMAL KUMAR RUNGTA
|
|
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT MAINTAIN CLIENT AGREEMENTS
INDULGED IN OFF-THE-FLOOR TRANSACTIONS
INDULGED IN GALA TRANSACTIONS
ISSUED FICTITIOUS CONTRACT NOTES
DID NOT APPLY FOR REGISTRATION OF CIS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 15-SEP-2003 TO 15-SEP-2004
25-AUG-2003
|
SAT: IMPUGNED ORDER MODIFIED BY REDUCING PERIOD OF SUSPENSION TO ONE MONTH W.E.F.15/11/2005
|
| 210 |
|
|
SVV SHARE & STOCK BROKERS PVT.LTD.
(Member : BSE)
|
|
|
DEFAULTED/IRREGULARITIES IN MAINTENANCE OF ORDER BOOK
DID NOT OBTAIN ACKNOWLEDGEMENT FROM CLIENTS
DID NOT ADHERE TO "KNOW YOUR CLIENT" DIRECTIVES/INSTRUCTIONS/GUIDELINES
MEMBER-CLIENT AGREEMENTS WERE NOT DATED
DEALT WITH UN-REGISTERED SUB-BROKERS
PRE-PRINTED SERIAL NUMBERS ON CONTRACT NOTES PERTAINING TO ONE SETTLEMENT WERE USED FOR OTHER SETTLEMENTS
MANUALLY CHANGED PRE-PRINTED SERIAL NUMBERS ON CONTRACT NOTES
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
06-JAN-2006
|
|
| 211 |
|
|
SWAGATH SECURITIES PVT.LTD.
(Member : BGSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF HOME TRADE LTD.
DEFAULTED IN VERIFYING FINANCIAL CAPABILITIES AND NET WORTH OF CLIENTS
DID NOT ADHERE TO "KNOW YOUR CLIENT" DIRECTIVES/INSTRUCTIONS/GUIDELINES
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 21-DEC-2005 TO 20-MAR-2006
30-NOV-2005
|
|
| 212 |
|
|
SYKES & RAY EQUITIES (INDIA) LTD.
(PAN:AAECS5168A)
(Member : NSE)
|
|
|
DID NOT ISSUANCE OF CONTRACT NOTES IN TIME
DID NOT MENTION NAMES OF AUTHORISED REPRESENTATIVES ON CONTRACT NOTES
ALLEGED NON-COMPLIANCE OF REQUIREMENTS OF UNIQUE CLIENT CODE
DEALT WITH UN-REGISTERED SUB-BROKERS
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
27-DEC-2005
|
|
| 213 |
|
|
T.G.FINANCIAL CONSULTANTS PVT.LTD.
(Member : UPSE)
|
|
|
|
MADHU DUBEY
|
|
DID NOT HAVE PRE-PRINTED SERIAL NUMBERS ON CONTRACT NOTES
DID NOT RECORD TIME OF PLACEMENT OF ORDERS ON CONTRACT NOTES
DID NOT RECORD TIME OF EXECUTION OF ORDER ON CONTRACT NOTES
DID NOT COLLECT MARGINS FROM CLIENTS
DID NOT ENTER INTO AGREEMENT WITH CLIENTS
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
TRANSFERRED SECURITIES WITHOUT OBTAINING WRITTEN CONSENT OF CLIENTS
DEFAULTED IN MAINTENANCE OF SAUDA BOOK
ALLEGED NON-COMPLIANCE OF REQUIREMENTS OF UNIQUE CLIENT CODE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 21-SEP-2006 TO 20-OCT-2006
31-AUG-2006
|
|
| 214 |
|
|
TOSHITH SECURITIES PVT.LTD.
(Member : CSE)
|
|
|
DID NOT COLLECT MARGINS FROM CLIENTS
COMMITTED IRREGULARITIES IN MAINTENANCE OF COUNTERFOILS OR DUPLICATES OF CONTRACT NOTES
DEFICIENCIES IN MEMBER-CLIENT AGREEMENTS
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DID NOT DELIVER SECURITIES TO CLIENTS IN TIME
|
IMPOSED PENALTY RS.50,000
28-FEB-2011
|
|
| 215 |
|
|
TOWER CAPITAL & SECURITIES PVT.LTD.
(Member : NSE)
|
|
|
DID NOT MAINTAIN CLIENT AGREEMENTS
DID NOT MAINTAIN CLIENT REGISTRATION FORMS
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
30-DEC-2005
|
|
| 216 |
|
|
TRANSGLOBAL SECURITIES LTD.
(Member : BSE/NSE)
|
|
|
INDULGED IN ACTIVITY OF PORTFOLIO MANAGER WITHOUT SEBI REGISTRATION
INDULGED IN CLIENT CODE MODIFICATIONS AND TRANSFERRED PROFITS FROM VARIOUS ACCOUNTS TO ACCOUNT OF MS.CHITRA
ALLOTTED MULTIPLE CLIENT CODES TO ONE CLIENT
|
PROHIBITED FROM ACCEPTING FRESH/NEW CLIENTS FROM 23-SEP-2021 TO 22-DEC-2021
23-SEP-2021
|
|
| 217 |
|
|
TRANSWORLD SECURITIES LTD.
(Depository Participants : NSDL,Member : NSE/BSE)
|
|
|
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
|
|
| 218 |
|
|
TRIMITI INVESTMENTS & FINANCIAL SERVICES PVT.LTD.
(Member : PSE)
|
|
|
DID NOT EXERCISE DUE CARE & DILIGENCE WHILE EXECUTING SUBSTANTIAL TRANSACTIONS IN HOME TRADE LTD.
DID NOT OBTAIN ACKNOWLEDGEMENT ON COUNTERFOILS OF CONTRACT NOTES
DID NOT MAINTAIN CLIENT DATABASE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 19-SEP-2006 TO 03-OCT-2006
24-AUG-2006
|
|
| 219 |
|
|
TRUST HOUSE SECURITIES LTD.
(Member : NSE)
|
|
|
DID NOT ENTER INTO AGREEMENT WITH CLIENTS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
24-JAN-2006
|
|
| 220 |
|
|
UDAY STOCKS & SECURITIES PVT.LTD.
(Member : BGSE)
|
|
|
|
B.NIRMAL KUMAR JAIN
|
|
DID NOT DELIVER SECURITIES TO CLIENTS IN TIME
DID NOT OBTAIN ACKNOWLEDGEMENT ON COUNTERFOILS OF CONTRACT NOTES
DEFAULTED IN VERIFYING FINANCIAL CAPABILITIES AND NET WORTH OF CLIENTS
DID NOT ADHERE TO "KNOW YOUR CLIENT" DIRECTIVES/INSTRUCTIONS/GUIDELINES
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
24-NOV-2006
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
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| Page 11 of 12
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