| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 241 |
|
ROSY BLUE SECURITIES PVT.LTD.
(PAN:AAACR4082Q)
(Member : NSE)
|
|
|
|
BIMAL PAREKH
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE EXECUTING TRANSACTIONS ON BEHALF OF CLIENTS IN SCRIP OF DCM SHRIRAM CONSOLIDATED LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 11-NOV-2008 TO 25-NOV-2008
21-OCT-2008
SETTLEMENT ( SETTLEMENT CHARGES RS.10,00,000 VIDE CONSENT ORDER)
15-JUN-2009~
|
SAT: IMPUGNED ORDER DATED 21/10/2008 DISPOSED OFF, AS APPLICANT AGREED TO PAY RS.10,00,000 AS PER CONSENT ORDER. ORDER STANDS MODIFIED ACCORDINGLY. NO ORDER AS TO COSTS
|
| 242 |
|
|
S.B.BHUTRA & CO.
(Member : CSE)
|
|
|
|
S.B.BHUTRA
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF GLOBE STOCKS & SECURITIES LTD.
VIOLATED CODE OF CONDUCT AS PRESCRIBED UNDER STOCK BROKER REGULATIONS
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE, DID NOT MAINTAIN HIGH STANDARD OF INTEGRITY, PROMPTITUDE, FAIRNESS IN CONDUCT OF BUSINESS IN SCRIP OF GLOBE STOCK & SECURITIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 04-MAY-2007 TO 03-NOV-2007
13-APR-2007
|
|
| 243 |
|
|
S.D.JAVERI
(Member : BSE)
|
|
|
|
PRADIP R.JAVERI
|
|
VIOLATED SEBI ACT, RULES & REGULATIONS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 01-MAY-1997 TO 31-JUL-1997
04-APR-1997
|
|
| 244 |
|
|
S.JHUNJHUNWALA & CO.
(Member : CSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE TRADING ON BEHALF OF CLIENTS IN SCRIP OF SARANG VINIYOG LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SARANG VINIYOG LTD.
|
IMPOSED PENALTY RS.3,00,000
08-APR-2009
|
INCLUDED IN SEBI LIST DATED 30/06/2010, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 245 |
|
|
S.JHUNJHUNWALA & CO.
(Member : CSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE TRADING ON BEHALF OF CLIENT IN SCRIP OF RADIANT FINANCIAL SERVICES LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF RADIANT FINANCIAL SERVICES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 05-JAN-2010 TO 04-FEB-2010
14-DEC-2009
|
|
| 246 |
|
|
S.P.J.STOCK BROKERS PVT.LTD.
(PAN:AAHCS8124R)
(Member : BSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE EXECUTING TRANSACTIONS IN SCRIP OF VERONICA LABORATORIES LTD.
VIOLATED CODE OF CONDUCT FOR STOCK BROKERS AS PER REGULATION 7A (2) OF SEBI (STOCK BROKERS & SUB-BROKERS) REGULATIONS, 1992
|
IMPOSED PENALTY RS.1,00,000
22-JAN-2009
|
SAT: APPEAL FAILED AND DISMISSED WITH NO ORDER AS TO COSTS
|
| 247 |
|
|
SAKRUTHI FINVEST PVT.LTD.
(Member : BGSE)
|
|
|
DID NOT ADHERE TO "KNOW YOUR CLIENT" DIRECTIVES/INSTRUCTIONS/GUIDELINES
DID NOT MAINTAIN CLIENT DATABASE
DEFAULTED IN VERIFYING FINANCIAL CAPABILITIES AND NET WORTH OF CLIENTS
DID NOT EXERCISE DUE CARE & DILIGENCE WHILE EXECUTING SUBSTANTIAL TRANSACTIONS IN HOME TRADE LTD.
DID NOT OBTAIN ACKNOWLEDGEMENT ON COUNTERFOILS OF CONTRACT NOTES
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 21-SEP-2006 TO 05-OCT-2006
31-AUG-2006
|
|
| 248 |
|
|
SAM GLOBAL SECURITIES LTD.
(Member : BSE)
|
|
|
ALLEGED FAILURE IN EXERCISING DUE SKILL, CARE AND DILIGENCE WHILE DEALING IN SECURITIES MARKET
DEALT WITH UN-REGISTERED SUB-BROKERS
ALLEGED FAILURE IN REDRESSAL OF INVESTOR GRIEVANCE
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.7,50,000, ADMINISTRATION CHARGES RS.25,000 VIDE CONSENT ORDER)
31-JUL-2009
|
|
| 249 |
|
|
SANCHAY FINCOM LTD.
(PAN:AAACD6056C)
(Member : BSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING IN SCRIP OF ADANI EXPORTS LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF ADANI EXPORTS LTD.
|
IMPOSED PENALTY RS.50,000
02-JUN-2009
|
COMPANY VIDE PAY ORDER NO.000434 DATED 18/09/2009 FOR RS.50,000.00 (RUPEES FIFTY THOUSAND ONLY) DRAWN ON AXIS BANK LTD. PAID THE PENALTY AMOUNT TO SEBI ON 23/09/2009
|
| 250 |
|
|
SANCHAY FINCOM LTD.
(PAN:AAACD6056C)
(Member : BSE)
|
|
|
ACTED IN CONCERT WITH ANOTHER CLIENT TO CREATE ARTIFICIAL MARKET/PRICE RISE THROUGH MATCHING/SYNCHRONISED DEALS IN SCRIP OF HAVELLS INDIA LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE
|
IMPOSED PENALTY RS.1,50,000
26-NOV-2008
|
|
| 251 |
|
|
SANCHAY FINVEST LTD.
(Member : NSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING IN SCRIP OF ADANI EXPORTS LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF ADANI EXPORTS LTD.
|
IMPOSED PENALTY RS.50,000
02-JUN-2009
|
COMPANY VIDE PAY ORDER NO.000433 DATED 18/09/2009 FOR RS.50,000.00 (RUPEES FIFTY THOUSAND ONLY) DRAWN ON AXIS BANK LTD. PAID THE PENALTY AMOUNT TO SEBI ON 23/09/2009
|
| 252 |
|
|
SANCHIT FINANCIAL & MANAGEMENT SERVICES LTD.
(Member : NSE)
|
|
|
|
HARSH AGRAWAL
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE EXECUTING TRANSACTIONS IN SCRIP OF EIDER INFOTECH LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
15-JAN-2009
|
|
| 253 |
|
|
SANJU KABRA,M/S
(Member : CSE)
|
|
|
|
SANJU KABRA
|
|
DID NOT EXERCISE DUE SKILL AND DILIGENCE
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF PRIME CAPITAL MARKET LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 29-SEP-2005 TO 28-SEP-2007
17-MAY-2007
|
|
| 254 |
|
|
SATCO SECURITIES & FINANCIAL SERVICES LTD.
(Member : NSE/BSE)
|
|
|
DID NOT EXERCISE DUE SKILL AND CARE IN MATTER OF AMARA RAJA BATTERIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 26-AUG-2002 TO 01-SEP-2002
09-AUG-2002
|
SAT: APPEAL ALLOWED
|
| 255 |
|
|
SATCO SECURITIES & FINANCIAL SERVICES LTD.
(Member : BSE)
|
|
|
|
S.S.BHARWANI
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE EXECUTING TRANSACTIONS IN SCRIP OF DATABASE FINANCE LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
13-JAN-2009
|
|
| 256 |
|
|
SATYANARAYAN INVESTMENTS
(Member : CSE)
|
|
|
DID NOT EXERCISE DUE CARE AND DILIGENCE IN MATTER OF NORTH STAR GEMS (INDIA) LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 18-JAN-2001 TO 17-MAR-2001
18-JAN-2001
|
|
| 257 |
|
|
SATYANARAYAN NANGALIA,M/S
(Member : BSE)
|
|
|
|
SATYANARAYAN NANGALIA
|
|
DID NOT EXERCISE DUE CARE AND DILIGENCE IN MATTER OF NORTH STAR GEMS (INDIA) LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 16-OCT-1999 TO 14-JUN-2001
18-JAN-2001
|
|
| 258 |
|
|
SAURASHTRA CAPITAL SERVICES PVT.LTD.
(PAN:AABCS7785A)
(Member : NSE)
|
|
|
|
CHANDRAKANT TANNA
|
|
|
MUKESH DOSHI
|
|
DID NOT EXERCISE DUE CARE AND DILIGENCE WHILE DEALING WITH HIS CLIENTS IN SCRIP OF MAZDA FABRICS PROCESSORS LTD.
AIDED AND ABETTED CLIENTS IN CREATING MISLEADING APPEARANCE OF TRADING IN SCRIP OF MAZDA FABRICS & PROCESSORS LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 21-MAY-2007 TO 20-JUL-2007
30-APR-2007
|
|
| 259 |
|
|
SAURASHTRA CAPITAL SERVICES PVT.LTD.
(PAN:AABCS7785A)
(Member : BSE)
|
|
|
|
CHANDRAKANT TANNA
|
|
|
MUKESH DOSHI
|
|
DID NOT EXERCISE DUE CARE AND DILIGENCE WHILE DEALING WITH HIS CLIENTS IN SCRIP OF MAZDA FABRICS PROCESSORS LTD.
AIDED AND ABETTED CLIENTS IN CREATING MISLEADING APPEARANCE OF TRADING IN SCRIP OF MAZDA FABRICS & PROCESSORS LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 21-MAY-2007 TO 20-JUL-2007
30-APR-2007
SETTLEMENT ( SETTLEMENT CHARGES RS.4,00,000, LEGAL EXPENSES RS.1,00,000 VIDE CONSENT ORDER)
12-NOV-2007~
|
SAT: ORDER DATED 30/04/2007 SET ASIDE AS APPLICANT AGREED TO PAY RS.5,00,000 AS PER CONSENT ORDER.
|
| 260 |
|
|
SHARAD BHANDARI,M/S
(Member : MPSE)
|
|
|
|
SHARAD BHANDARI
|
|
DID NOT EXERCISE DUE SKILL AND CARE IN MATTER OF EONOUR TECHNOLOGIES LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF EONOUR TECHNOLOGIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 18-NOV-2003 TO 17-DEC-2003
29-OCT-2003
|
|
| 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 13 of 16
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