SOURCE OF INFORMATION : SECURITIES AND EXCHANGE BOARD OF INDIA WEBSITE � PRESS RELEASES/ CHAIRMAN�S AND MEMBER�S ORDERS / AO ORDERS/ SAT ORDERS/ NEWSPAPER ADS
UPDATED TILL : 03-JUL-2025

NAMES IN BROWN COLOUR
Names of entities/persons in brown colour denote that the regulatory order is not against them but their names have been mentioned only for association purposes.

MERCHANT BANKERS: CANCELLED REGISTRATION AS MERCHANT BANKER

S.No.

ENTITY

PERSONS

REGULATORY CHARGES

REGULATORY ACTION(S) / DATE OF ORDER

FURTHER DEVELOPMENTS

CLIO FINANCE LTD.

DID NOT FILE APPLICATION FOR RENEWAL OF REGISTRATION

CANCELLED REGISTRATION AS MERCHANT BANKER FROM 31-DEC-1998

26-FEB-1999

COMFORT FININVEST LTD.

REGISTRATION EXPIRED

DID NOT APPLY FOR RENEWAL OF REGISTRATION

CANCELLED REGISTRATION AS MERCHANT BANKER FROM 31-JUL-1998

27-AUG-1998

CONSULTANCY CORP.OF INDIA

REGISTRATION EXPIRED

DID NOT APPLY FOR RENEWAL OF REGISTRATION

CANCELLED REGISTRATION AS MERCHANT BANKER FROM 31-DEC-1997

08-JAN-1998

CORPORATE & FINANCIAL ENGINEERING CONSULTANTS

DID NOT FILE APPLICATION FOR RENEWAL OF REGISTRATION

CANCELLED REGISTRATION AS MERCHANT BANKER FROM 15-DEC-1998

26-FEB-1999

CORPORATE STRATEGIC ALLIANZ LTD.

(PAN:AACCC8085A)

NO LONGER A FIT AND PROPER PERSON TO CONTINUE ITS ACTIVITIES AS MERCHANT BANKER VIOLATING REGULATION 9A(1)(E) READ WITH REGULATION 6(GG) OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992 AND SECTION 12(1) OF SEBI ACT, 1992

CANCELLED REGISTRATION AS MERCHANT BANKER FROM 24-AUG-2020 ONE YEAR FROM DATE OF ACTUAL RECEIPT BY SEBI

24-AUG-2020

SAT: SAT VIDE ITS ORDER DATED 10/08/2022 DISMISSED THE APPEAL. NO COSTS

CORPORATE STRATEGIC ALLIANZ LTD.

(PAN:AACCC8085A)

DID NOT MAINTAIN NECESSARY INFRASTRUCTURE TO CARRY OUT MERCHANT BANKING ACTIVITIES

DID NOT PAY RENEWAL FEES

DID NOT INTIMATE CHANGE IN ADDRESS AND CONTACT DETAILS TO SEBI

DID NOT SUBMIT HALF YEARLY REPORTS TO SEBI

CANCELLED REGISTRATION AS MERCHANT BANKER FROM 21-MAR-2025

21-MAR-2025

CREDENTIAL FINANCE LTD.

REGISTRATION EXPIRED

DID NOT APPLY FOR RENEWAL OF REGISTRATION

CANCELLED REGISTRATION AS MERCHANT BANKER FROM 28-FEB-1998

20-AUG-1998

CREDIT RESOURCES INDIA LTD.

DID NOT FILE APPLICATION FOR RENEWAL OF REGISTRATION

CANCELLED REGISTRATION AS MERCHANT BANKER FROM 15-DEC-1998

26-FEB-1999

D.M.KOTHARI & ASSOCIATES

REGISTRATION EXPIRED

DID NOT APPLY FOR RENEWAL OF REGISTRATION

CANCELLED REGISTRATION AS MERCHANT BANKER FROM 30-SEP-1998

27-NOV-1998

D.P.BALDOTA & CO.SECURITIES LTD.

DID NOT FILE APPLICATION FOR RENEWAL OF REGISTRATION