| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 21 |
|
MAGMA SECURITIES LTD.
(Sub-Broker of OTCEI SECURITIES LTD., Member : NSE)
|
|
|
INDULGED IN UNAUTHORISED FUND-BASED ACTIVITIES
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
30-DEC-2005
|
|
| 22 |
|
|
MAHEK CONSULTANTS
(Sub-Broker of APEX STOCK BROKERS PVT.LTD., Member : BSE)
|
|
|
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
|
|
| 23 |
|
|
MANSUKHLAL JAGABHAI TANTI,M/S
(Sub-Broker of SKSE SECURITIES LTD., Member : BSE)
|
|
|
|
MANSUKHLAL JAGABHAI TANTI
|
|
COMMITTED IRREGULARITIES/DEFAULTED IN ISSUANCE OF CONFIRMATION MEMOS
DEFICIENCIES IN MEMBER-CLIENT AGREEMENTS
DID NOT MAINTAIN CLIENT REGISTRATION FORMS
DID NOT OPEN SEPARATE CLIENT'S BANK ACCOUNTS
DID NOT DELIVER SECURITIES TO CLIENTS IN TIME
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DID NOT OBTAIN WRITTEN CONSENT FROM CLIENTS FOR MAINTAINING RUNNING ACCOUNT
DEALT IN CASH WITH CLIENTS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
30-DEC-2005
|
|
| 24 |
|
|
MANYOG INVESTMENTS PVT.LTD.
(Sub-Broker of U.L.JAMNADAS, Member : BSE, GAZI FINANCIAL SERVICES, Member : BSE, SUBHASH V.SHAH, Member : BSE)
|
|
|
|
MANISH N.SHAH
|
|
DID NOT EXERCISE DUE SKILL AND DILIGENCE IN MATTER OF JYOTI RESINS & ADHESIVE LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
28-MAR-2003
|
|
| 25 |
|
|
MERBANC BSNV SECURITIES LTD.
(Sub-Broker of HSE SECURITIES LTD., Member : NSE)
|
|
|
ACTED AS SUB-BROKER WITHOUT SEBI REGISTRATION
COMMITTED IRREGULARITIES/DEFAULTED IN ISSUANCE OF CONFIRMATION MEMOS
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
23-JAN-2008
|
|
| 26 |
|
|
NARENDRA SHANKERLAL TANNA,M/S
(Sub-Broker of SKSE SECURITIES LTD., Member : BSE/NSE)
|
|
|
|
NARENDRA SHANKERLAL TANNA
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF BHORUKA FINANCIAL SERVICES LTD.
DID NOT ADHERE TO "KNOW YOUR CLIENT" DIRECTIVES/INSTRUCTIONS/GUIDELINES
DID NOT COLLECT MARGINS FROM CLIENTS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
22-FEB-2007
|
|
| 27 |
|
|
NARENDRA SHANKERLAL TANNA,M/S
(Member : SKSE,Sub-Broker of SKSE SECURITIES LTD., Member : BSE)
|
|
|
|
NARENDRA SHANKERLAL TANNA
|
|
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
|
|
| 28 |
|
|
NILESH SHARE BROKERS LTD.
(Sub-Broker of HSE SECURITIES LTD., Member : NSE)
|
|
|
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
06-DEC-2006
|
|
| 29 |
|
|
PATTERSON & CO.PVT.LTD.
(Sub-Broker of MSE FINANCIAL SERVICES LTD., Member : BSE)
|
|
|
DEFAULTED/IRREGULARITIES IN MAINTENANCE OF ORDER BOOK
DID NOT COLLECT MARGINS FROM CLIENTS
DID NOT FURNISH AUDITOR'S CERTIFICATE ON QUARTERLY BASIS REGARDING COLLECTION OF MINIMUM MARGIN FROM CLIENTS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
18-JAN-2006
|
|
| 30 |
|
|
PRAGYA CAPITAL SERVICES LTD.
(Sub-Broker of DIPAK G.CHOLERA, Member : BSE)
|
|
|
IN THE CASE OF AMARA RAJA BATTERIES LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
15-JUL-2002
|
|
| 31 |
|
|
RAJ OVERSEAS & FINANCE PVT.LTD.
(Sub-Broker of ISE SECURITIES & SERVICES LTD., Member : NSE)
|
|
|
UNDERTOOK PRINCIPAL TO PRINCIPAL TRADE
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
28-DEC-2005
|
|
| 32 |
|
|
RAJENDRA R.MEHTA,M/S
(Sub-Broker of SKSE SECURITIES LTD., Member : BSE)
|
|
|
|
RAJENDRA R.MEHTA
|
|
COMMITTED IRREGULARITIES/DEFAULTED IN ISSUANCE OF CONFIRMATION MEMOS
DEFICIENCIES IN MEMBER-CLIENT AGREEMENTS
DID NOT MAINTAIN CLIENT REGISTRATION FORMS
DID NOT OPEN SEPARATE CLIENT'S BANK ACCOUNTS
DID NOT DELIVER SECURITIES TO CLIENTS IN TIME
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DID NOT OBTAIN WRITTEN CONSENT FROM CLIENTS FOR MAINTAINING RUNNING ACCOUNT
PAID BROKERAGE TO CLIENTS AND VIOLATED CODE OF CONDUCT OF STOCK BROKER REGULATIONS
GAVE SHORT TERM LOANS TO SUB-BROKERS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
30-DEC-2005
|
|
| 33 |
|
|
ROLEX FINVEST PVT.LTD.
(PAN:AABCR4129D)
(Sub-Broker of TCP STOCK BROKERS PVT.LTD., Member : BSE, AGBROS SECURITIES PVT.LTD., Member : CSE, M.AGARWAL STOCK BROKERS PVT.LTD., Member : DSE)
|
|
|
DID NOT EXERCISE DUE CARE AND DILIGENCE
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
12-MAR-2007
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER SET ASIDE LEAVING PARTIES TO BEAR THEIR OWN COSTS
|
| 34 |
|
|
S.K.INVESTMENTS
(Sub-Broker of R.K.JHUNJHUNWALA, Member : BSE)
|
|
|
DEFAULTED IN MAINTENANCE OF GENERAL LEDGER
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
05-NOV-2002
|
|
| 35 |
|
|
SALASAR SECURITIES LTD.
|
|
|
AIDED AND ABETTED PROMOTERS/DIRECTORS OF THE COMPANY AND PERSONS RELATED/ASSOCIATED WITH THEM TO MANIPULATE PRICE OF SCRIP OF BARASIA HOLDING & TRADING CO.LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
28-NOV-2001
|
|
| 36 |
|
|
SHARE PLAZA
(Sub-Broker of NAM SECURITIES LTD., Member : NSE)
|
|
|
INDULGED IN SYNCHRONIZED TRANSACTIONS IN SCRIP OF EIDER INFOTECH LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
15-JAN-2009
|
|
| 37 |
|
|
SHITAL SECURITIES PVT.LTD.
(CIN:U67120GJ1995PTC025443)
(Sub-Broker of SKSE SECURITIES LTD., Member : BSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING WITH CLIENTS IN SCRIP OF SWORD & SHIELD PHARMA LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
14-JUN-2007
|
|
| 38 |
|
|
SHIVAM INVESTMENTS
|
|
|
AIDED AND ABETTED PROMOTERS/DIRECTORS OF THE COMPANY AND PERSONS RELATED/ASSOCIATED WITH THEM TO MANIPULATE PRICE OF SCRIP OF BARASIA HOLDING & TRADING CO.LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
28-NOV-2001
|
|
| 39 |
|
|
SHREYAS SECURITIES
|
|
|
AIDED AND ABETTED PROMOTERS/DIRECTORS OF THE COMPANY AND PERSONS RELATED/ASSOCIATED WITH THEM TO MANIPULATE PRICE OF SCRIP OF BARASIA HOLDING & TRADING CO.LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
28-NOV-2001
|
|
| 40 |
|
|
SHRI PARSHWA FINANCE
(Sub-Broker of P.SURYAKANT SHARE & STOCK BROKERS PVT.LTD., Member : BSE)
|
|
|
ACTED AS SUB-BROKER WITHOUT SEBI REGISTRATION
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
09-JAN-2009
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
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