| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 221 |
|
SRI SIDDHI VINAYAK SHARES LTD.
(Member : MDSE)
|
|
|
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
DEALT WITH BROKERS OF OTHER EXCHANGES WITHOUT SEBI REGISTRATION AS SUB-BROKER
ISSUED CONTRACT NOTES OF MSE FOR TRANSACTIONS DONE ON BSE/NSE
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
10-FEB-2000
|
|
| 222 |
|
|
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
|
|
| 223 |
|
|
SUBHASH KARKHANIS SHARE & STOCK BROKERS PVT.LTD.
(Member : BSE)
|
|
|
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
DID NOT ENTER INTO AGREEMENT WITH SUB-BROKERS
DEFAULTED IN MAINTENANCE OF SAUDA BOOK
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 17-DEC-2001 TO 16-MAR-2002
19-DEC-2001
|
|
| 224 |
|
|
SUBHKAM SECURITIES PVT.LTD.
(PAN:AADCS4498N)
(Member : BSE)
|
|
|
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DID NOT COLLECT MARGINS FROM CLIENTS
USED CLIENTS' ACCOUNT FOR PAYMENT OF OWN OBLIGATIONS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
24-JAN-2006
|
|
| 225 |
|
|
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
|
| 226 |
|
|
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
|
|
| 227 |
|
|
SURE CAPITAL PVT.LTD.
(CIN:U67120PN1999PTC014178)
(Member : PSE)
|
|
|
|
ASHOK RAJMAL NAHAR
|
|
|
MILIND UDAYSING BADGUJAR
|
|
DEALT WITH UN-REGISTERED SUB-BROKERS
DID NOT ISSUE CONTRACT NOTES
DEFAULTED/IRREGULARITIES IN MAINTENANCE OF ORDER BOOK
DEFAULTED IN MAINTENANCE OF MARGIN REGISTER
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 17-FEB-2009
27-JAN-2009
|
|
| 228 |
|
|
SURENDRA KUMAR RUNGTA,M/S
(Member : MGSE)
|
|
|
|
SURENDRA KUMAR RUNGTA
|
|
DID NOT ISSUE CONTRACT NOTES
DID NOT REPORT DEALS DONE ON BSE AND NSE TO THE EXCHANGE
DID NOT MAINTAIN SEPARATE CLIENT ACCOUNT
INDULGED IN ILLEGAL CARRY FORWARD TRANSACTIONS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 10-JUN-1999 TO 09-DEC-1999
10-JUN-1999
|
|
| 229 |
|
|
SURESH KUMAR ALMAL,M/S
(Member : CSE)
|
|
|
|
SURESH KUMAR ALMAL
|
|
DID NOT ISSUE CONTRACT NOTES
ACTED AS SUB-BROKER WITHOUT SEBI REGISTRATION
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 20-JUL-2006 TO 19-AUG-2006
29-JUN-2006
|
|
| 230 |
|
|
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
|
|
| 231 |
|
|
SURINDER SINGH MEHTA,M/S
(Member : JSE)
|
|
|
|
SURINDER SINGH MEHTA
|
|
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
DEFAULTED IN MAINTENANCE OF BAD DELIVERY REGISTER
DID NOT RECTIFY BAD DELIVERIES IN TIME
MISUTILIZED EXCHANGE MECHANISM FOR SECURING PAYMENT
DID NOT ROUTE CLIENT'S MONEY THROUGH SEPARATE BANK ACCOUNT
DID NOT AFFIX BROKER NOTE STAMPS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 24-JUN-1998 TO 23-JUL-1998
11-JUN-1998
|
|
| 232 |
|
|
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
|
| 233 |
|
|
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
|
|
| 234 |
|
|
SWAN SECURITIES PVT.LTD.
(PAN:AAACS6741B)
(Member : NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SELF AND SYNCHRONIZED TRADES IN VARIOUS SCRIPS
INDULEGD IN TRANSFER OF TRADES PUNCHED BY ONE CLIENT TO ANOTHER CLIENT BY CHANGING CLIENT CODE AT BACK OFFICE
DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSE A (5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992
INDULGED IN MIS-UTILIZATION OF CLIENT SECURITIES AND THIRD PARTY SHARES
DID NOT ADHERE TO SUMMONS ISSUED FOR FURNISHING OF INFORMATION
INDULGED IN ACTIVITY OF PORTFOLIO MANAGER WITHOUT SEBI REGISTRATION
DID NOT ISSUE CONTRACT NOTES IN SPECIFIED FORMAT
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 24-JAN-2014 TO 23-APR-2014
03-JAN-2014
|
|
| 235 |
|
|
SWETHA & CO.
(Member : BGSE)
|
|
|
|
P.RAMESH KUMAR
|
|
DEFAULTED IN MAINTENANCE OF BOOKS/DOCUMENTS
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT REFUND MONEY COLLECTED UNDER CIS
DID NOT REDRESS INVESTOR COMPLAINTS
SURRENDERED MEMBERSHIP CARD TO EXCHANGE
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 04-JAN-2000
04-JAN-2000
|
|
| 236 |
|
|
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
|
|
| 237 |
|
|
SYKES & RAY EQUITIES (INDIA) LTD.
(PAN:AAECS5168A)
(Member : BSE)
|
|
|
DID NOT HAVE PRE-PRINTED SERIAL NUMBERS ON CONTRACT NOTES
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
27-DEC-2005
|
|
| 238 |
|
|
SYKES & RAY EQUITIES (MUMBAI) PVT.LTD.
(Member : BSE)
|
|
|
DID NOT HAVE PRE-PRINTED SERIAL NUMBERS ON CONTRACT NOTES
DID NOT ISSUANCE OF CONTRACT NOTES IN TIME
DEALT WITH UN-REGISTERED SUB-BROKERS
DEFAULTED IN AVAILING LETTER FROM BANK CERTIFYING BANK ACCOUNT NUMBER
DID NOT MAINTAIN SEGREGATION BETWEEN SUB-BROKER FUNDS AND OWN FUNDS
DELIVERED FAKE/FORGED SHARES
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
23-SEP-2005
|
|
| 239 |
|
|
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
|
|
| 240 |
|
|
TANDON & CO.
(Member : LSE,Sub-Broker of LSE SECURITIES LTD., Member : BSE)
|
|
|
|
PRIYA TANDON
|
|
DID NOT ISSUE CONFIRMATION MEMOS IN PRESCRIBED FORMAT
DID NOT EXERCISE DUE CARE AND DILIGENCE
DID NOT ADHERE TO DIRECTIVES ISSUED BY SEBI
|
IMPOSED PENALTY RS.75,000
14-NOV-2007
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 12 of 13
|
