| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 21 |
|
FREEDOM INVESTCO PVT.LTD.
(Sub-Broker of LSE SECURITIES LTD., Member : BSE/NSE)
|
|
|
DEFAULTED IN MAINTENANCE OF BOOKS/DOCUMENTS
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DID NOT ADHERE TO "KNOW YOUR CLIENT" DIRECTIVES/INSTRUCTIONS/GUIDELINES
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 08-OCT-2007 TO 14-OCT-2007
17-SEP-2007
|
|
| 22 |
|
|
GAUTAMBHAI NANUBHAI JHAVERI
(PAN:ADAPJ5993J)
(Sub-Broker of ASE CAPITAL MARKETS LTD., Member : BSE)
|
|
|
|
RAJESH NANUBHAI JHAVERI
PAN:ADAPJ5993J
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED, STRUCTURED, CIRCULAR AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF OASIS MEDIA MATRIX LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 15 READ WITH CLAUSES A(1),A(2),D(1),D(4) AND D(5) OF CODE OF CONDUCT FOR SUB BROKER UNDER SCHEDULE II OF SEBI (SUB-BROKERS) REGULATIONS, 1992 IN MATTER OF OASIS MEDIA MATRIX LTD.
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 11-OCT-2011 TO 10-JAN-2012
20-SEP-2011
|
|
| 23 |
|
|
GAUTAMBHAI NANUBHAI JHAVERI
(PAN:ADAPJ5993J)
(Sub-Broker of ASE CAPITAL MARKETS LTD., Member : BSE)
|
|
|
|
RAJESH NANUBHAI JHAVERI
PAN:ADAPJ5993J
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED AND CIRCULAR TRANSACTIONS IN SCRIP OF TOP TELEMEDIA LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 15 READ WITH CLAUSES A(1),D(4) AND D(5) OF CODE OF CONDUCT FOR SUB-BROKER UNDER SCHEDULE II OF SEBI (SUB-BROKERS) REGULATIONS, 1992 IN MATTER OF TOP TELEMEDIA LTD.
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 11-OCT-2011 TO 10-OCT-2012
20-SEP-2011
|
|
| 24 |
|
|
GEETA SHARE ENTERPRISES
(Member : UPSE,Sub-Broker of UPSE SECURITIES LTD., Member : BSE)
|
|
|
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DEALT WITH BROKERS OF OTHER EXCHANGES WITHOUT SEBI REGISTRATION AS SUB-BROKER
INDULGED IN ILLEGAL CARRY FORWARD TRANSACTIONS
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
DEFICIENCIES IN CLIENT DATABASE
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT REDRESS INVESTOR COMPLAINTS
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 09-NOV-2004 TO 08-MAY-2005
SUSPENDED REGISTRATION AS STOCK BROKER FROM 09-NOV-2004 TO 08-MAY-2005
19-OCT-2004
|
|
| 25 |
|
|
GINI ENTERPRISES
(Sub-Broker of PARK LIGHT INVESTMENT PVT.LTD., Member : BSE)
|
|
|
|
TARUN GANDHI
|
|
INDULGED IN PRICE MANIPULATION BY CIRCULAR AND STRUCTURED TRANSACTIONS IN SCRIP OF SOUNDCRAFT INDUSTRIES LTD.
DID NOT EXERCISE DUE SKILL AND DILIGENCE WHILE DEALING WITH HIS CLIENTS IN SCRIP OF SOUNDCRAFT INDUSTRIES LTD.
ACTED AS SUB-BROKER WITHOUT SEBI REGISTRATION
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 03-JAN-2009 TO 02-APR-2009
12-DEC-2008
|
|
| 26 |
|
|
H R INVESTMENTS PVT.LTD.
(Sub-Broker of NAMAN SECURITIES & FINANCE PVT.LTD., Member : BSE)
|
|
|
|
H.R.SHROFF
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF V.B.DESAI FINANCIAL SERVICES LTD.
DID NOT COLLECT UPFRONT MARGINS
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 20-JAN-2006 TO 18-FEB-2006
30-DEC-2005
|
|
| 27 |
|
|
HARSH INVESTMENTS CONSULTANTS
|
|
|
|
NARENDRA DHARMSHI
|
|
INDULGED IN PRICE RIGGING AND CREATED ARTIFICIAL MARKETS IN SCRIP OF KRISHNA FILAMENTS LTD.
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 08-JUL-2003 TO 07-JAN-2004
17-JUN-2003
|
|
| 28 |
|
|
HARVIC MANAGEMENT SERVICES (INDIA) LTD.
(Sub-Broker of B.M.GANDHI SECURITIES PVT.LTD., Member : BSE)
|
|
|
AIDED PROMOTERS OF THE COMPANY IN CREATING MISLEADING APPEARANCE OF TRADING IN SCRIP OF NUMERO UNO PROJECTS LTD.
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE IN SCRIP OF NUMERO UNO PROJECTS LTD.
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 13-SEP-2007 TO 12-NOV-2007
23-AUG-2007
|
|
| 29 |
|
|
HASMUKHRAI B.BALDEV,M/S
(Sub-Broker of SKSE SECURITIES LTD., Member : BSE)
|
|
|
|
HASMUKHRAI B.BALDEV
|
|
DID NOT MAINTAIN CLIENT AGREEMENTS
DID NOT MAINTAIN CLIENT REGISTRATION FORMS
DEALT WITH UN-REGISTERED SUB-BROKERS
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 31-JAN-2006 TO 28-FEB-2006
10-JAN-2006
|
SAT: IMPUGNED ORDER MODIFIED BY REDUCING PERIOD OF SUSPENSION FROM ONE MONTH TO ONE WEEK
|
| 30 |
|
|
J.B.SHARES & STOCKS LTD.
(Sub-Broker of INDO SHARES & FINTRADE LTD., Member : BSE)
|
|
|
|
JASMINE B.SHAH
|
|
DID NOT PRODUCE BOOKS OF ACCOUNTS TO SEBI FOR INSPECTION
DID NOT EXERCISE REQUIRED PROMPTITUDE AND FAIRNESS IN CONDUCTING BUSINESS TRANSACTIONS AS SUB-BROKERS
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 09-SEP-2004 TO 08-SEP-2005
19-AUG-2004
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER SET ASIDE
|
| 31 |
|
|
J.GEETHA,M/S
(Sub-Broker of MSE FINANCIAL SERVICES LTD., Member : BSE)
|
|
|
|
J.GEETHA
|
|
DID NOT ADHERE TO THE RULES, BYELAWS AND REGULATIONS OF THE STOCK EXCHANGE
DID NOT COLLECT MARGINS FROM CLIENTS
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 02-NOV-2004 TO 01-MAY-2005
12-OCT-2004
|
|
| 32 |
|
|
JIP INVESTMENT SHARE & STOCK SUB-BROKER
(Sub-Broker of JHP SECURITIES PVT.LTD., Member : BSE)
|
|
|
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS VIOLATING REGULATION 15 READ WITH CLAUSES A(1) & D(4) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 17-APR-2012 TO 16-AUG-2012
27-MAR-2012
|
|
| 33 |
|
|
KANAN SECURITIES LTD.
(Sub-Broker of SHREEPATI HOLDINGS & FINANCE LTD., Member : NSE)
|
|
|
MANIPULATION IN SCRIP OF AMARA RAJA BATTERIES LIMITED DURING THE PERIOD AUGUST 2000 TO MARCH 2001
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 15-JUL-2002 TO 14-AUG-2002
16-JUL-2002
|
|
| 34 |
|
|
KHANDWALA SHAH & ASSOCIATES
(Sub-Broker of P.K.SHAH, Member : BSE)
|
|
|
IN THE CASE OF AMARA RAJA BATTERIES LTD.
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 15-JUL-2002 TO 14-JUL-2003
15-JUL-2003
|
|
| 35 |
|
|
KUNVARJI FINSTOCK LTD.
(Sub-Broker of SVS SECURITIES PVT.LTD., Member : BSE)
|
|
|
|
ATUL MANHARLAL CHOKSHI
|
|
|
NAYAN K.THAKKAR
|
|
AIDED AND ABETTED ITS CLIENTS IN CREATING ARTIFICIAL MARKET IN SCRIP OF MOH LTD.
DID NOT EXERCISE DUE SKILL AND DILIGENCE
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 03-AUG-2007 TO 02-SEP-2007
13-JUL-2007
|
SAT: APPEAL ALLOWED, IMPUGNED ORDER SET ASIDE WITH NO ORDER AS TO COSTS
|
| 36 |
|
|
M.S.CONSULTANCY SERVICES
(Sub-Broker of APEX STOCK BROKERS PVT.LTD., Member : BSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING WITH CLIENTS IN SCRIP OF MOH LTD.
AIDED AND ABETTED ITS CLIENTS IN CREATING ARTIFICIAL MARKET IN SCRIP OF MOH LTD.
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 30-AUG-2007 TO 29-SEP-2007
09-AUG-2007
|
|
| 37 |
|
|
M.S.CONSULTANCY SERVICES
(Sub-Broker of ACME SHARES & STOCK PVT.LTD., Member : BSE)
|
|
|
|
MAHENDRA S.THAKKAR
|
|
VIOLATED SEBI CODE OF CONDUCT
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 27-OCT-2004 TO 26-NOV-2004
06-OCT-2004
|
|
| 38 |
|
|
MAHEK CONSULTANTS
(Sub-Broker of APEX STOCK BROKERS PVT.LTD., Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF BHORUKA FINANCIAL SERVICES LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE
ACTED AS SUB-BROKER OF KOLAR SHARES PVT.LTD. WITHOUT SEBI REGISTRATION
DID NOT COLLECT MARGINS FROM CLIENTS
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 15-MAR-2007 TO 14-APR-2007
22-FEB-2007
|
|
| 39 |
|
|
MALAR SHARESHOPPE LTD.
(Sub-Broker of RAMRAKH R.BOHRA, Member : BSE)
|
|
|
ACTED IN CONCERT WITH OTHER BROKERS TO CORNER A VERY LARGE QUANTITY OF SHARES OF BPL, VIDEOCON AND STERLITE
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIPS OF BPL LTD., VIDEOCON INTERNATIONAL LTD. AND STERLITE INDUSTRIES LTD.
DID NOT COLLECT MARGINS FROM CLIENTS
DEFAULTED IN PAY-IN OBLIGATIONS
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 02-NOV-1998 TO 01-MAY-2000
17-NOV-1999
|
|
| 40 |
|
|
MEDIA INVESTMENTS
(Sub-Broker of JOINDRE CAPITAL SERVICES LTD., Member : BSE)
|
|
|
AIDED AND ABETTED PROMOTERS AND ENTITIES IN CREATING ARTIFICIAL MARKET IN SCRIP OF WARNER MULTIMEDIA LTD.
|
SUSPENDED REGISTRATION AS SUB-BROKER FROM 20-JUN-2007 TO 19-JUL-2007
30-MAY-2007
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
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