| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 41 |
|
ACTIVE FINSTOCK PVT.LTD.
(Member : BSE)
|
|
|
|
VIMAL P.KHANDWALA
|
|
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 14-JUN-2007 TO 13-JUL-2007
24-MAY-2007
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER DATED 24/05/2007 SET ASIDE WITH NO ORDER AS TO COSTS
|
| 42 |
|
|
ACUMEN FINANCIAL SERVICES LTD.
(Member : OTC)
|
|
|
DID NOT PAY FEES TO SEBI
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 01-SEP-2009 TO 01-MAR-2010
10-AUG-2009
|
|
| 43 |
|
|
ADI K.MOTAFRAM,M/S
(Member : NSE)
|
|
|
|
ADI K.MOTAFRAM
|
|
DID NOT PAY FEES TO SEBI
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 20-NOV-2009 TO 19-MAY-2010
29-OCT-2009
|
|
| 44 |
|
|
ADINATH COMMTRADE PVT.LTD.
(PAN:AAFCA1759C)
(Member : NSEL)
|
|
|
NOT A FIT & PROPER PERSON TO BE GRANTED REGISTRATION/TO OPERATE AS COMMODITY DERIVATIVES BROKER
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 07-DEC-2023 TO 06-MAR-2024
07-DEC-2023
|
SAT: SAT VIDE ITS ORDER DATED 05/01/2024 STAYED THE EFFECT AND OPERATION OF IMPUGNED ORDER TILL FURTHER ORDERS
SAT: SAT VIDE ITS ORDER DATED 20/06/2024 STAYED THE IMPUGNED ORDER 07/12/2023
|
| 45 |
|
|
ADITYA CHATURVEDI,M/S
(Member : JSE)
|
|
|
|
ADITYA CHATURVEDI
|
|
DID NOT PAY FEES TO SEBI
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 29-DEC-2009 TO 28-JUN-2010
SUSPENDED REGISTRATION AS SUB-BROKER FROM 29-DEC-2009 TO 28-JUN-2010
07-DEC-2009
|
|
| 46 |
|
|
ADITYA COMMODITIES & DERIVATIVES PVT.LTD.
(Member : NSEL)
|
|
|
NOT A FIT & PROPER PERSON TO BE GRANTED REGISTRATION/TO OPERATE AS COMMODITY DERIVATIVES BROKER
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 21-DEC-2023 TO 20-MAR-2024
21-DEC-2023
|
SAT: SAT VIDE ITS ORDER DATED 02/04/2024 STAYED EFFECT AND OPERATIONS OF IMPUGNED ORDER TILL FURTHER ORDERS
SAT: SAT VIDE ITS ORDER DATED 20/06/2024 STAYED THE IMPUGNED ORDER
|
| 47 |
|
|
ADMIRAL SECURITIES
(Sub-Broker of VSE SECURITIES LTD., Member : BSE,Member : VSE)
|
|
|
DID NOT EXERCISE DUE CARE AND SKILL IN DEALING WITH CLIENTS
OFFLOADED UNLISTED SHARES OF DESIGN AUTO SYSTEMS LTD. IN MARKET WITH ACTIVE CONNIVANCE OF COMPANY MANAGEMENT
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 03-JAN-2009 TO 09-JAN-2009
SUSPENDED REGISTRATION AS SUB-BROKER FROM 03-JAN-2009 TO 09-JAN-2009
12-DEC-2008
|
|
| 48 |
|
|
ADOLF PATRICK PINTO,M/S
(Member : BSE)
|
|
|
|
ADOLF PATRICK PINTO
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR/SYNCHRONIZED TRANSACTIONS IN SCRIP OF G.G.AUTOMOTIVE GEARS LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE, INDULGED IN MANIPULATIVE ACTIVITIES AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A (1) TO A (5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF G.G.AUTOMOTIVE GEARS LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 21-APR-2011 TO 20-MAY-2011
31-MAR-2011
|
|
| 49 |
|
|
ADROIT COMMODITIES SERVICES PVT.LTD.
(PAN:AAACA8392E)
(Member : NSEL)
|
|
|
NOT A FIT & PROPER PERSON TO BE GRANTED REGISTRATION/TO OPERATE AS COMMODITY DERIVATIVES BROKER
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 01-SEP-2023 TO 30-NOV-2023
01-SEP-2023
|
SAT: SAT VIDE ITS ORDER DATED 06/12/2023 CONDONED THE DELAY IN FILING OF REPLY AND REPLY AND REJOINDER TAKEN ON RECORD. EXEMPTION APPLICATIONS, IF ANY ALLOWED
SAT: SAT VIDE ITS ORDER DATED 12/12/2023 DISPOSED OF THE GROUP OF APPEALS BY DIRECTING SEBI TO CONSIDER AND COME OUT WITH A SCHEME UNDER SETTLEMENT REGULATIONS PREFERABLY WITHIN THREE MONTHS FROM DATE OF THIS ORDER. IN THE EVENT, SCHEME NOT FRAMED UNDER SETTLEMENT REGULATIONS BY SEBI THEN SAID DECISION TO BE COMMUNICATED TO ALL APPELLANTS
|
| 50 |
|
|
ADVANCE MANAGEMENT SERVICES PVT.LTD.
(Member : OTC)
|
|
|
DID NOT PAY FEES TO SEBI
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 01-SEP-2009 TO 01-MAR-2010
10-AUG-2009
|
|
| 51 |
|
|
AGARWAL EQUITY BROKING INDIA PVT.LTD.
(Member : ICSE)
|
|
|
DID NOT PAY FEES TO SEBI
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 01-SEP-2009 TO 01-MAR-2010
10-AUG-2009
|
|
| 52 |
|
|
AGARWAL SECURITIES
(Member : COCSE)
|
|
|
|
AKSHAY KIRTY AGRAWAL
|
|
DID NOT PAY FEES TO SEBI
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 07-MAR-2007 TO 06-SEP-2007
07-MAR-2007
|
|
| 53 |
|
|
AGARWAL SHARE & STOCK BROKERS PVT.LTD.
(Member : UPSE)
|
|
|
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 OBTAIN ACKNOWLEDGEMENT ON COUNTERFOILS OF CONTRACT NOTES
DID NOT ISSUE CONTRACT NOTES
DEFICIENCIES IN MEMBER-CLIENT AGREEMENTS
DEALT WITH UN-REGISTERED SUB-BROKERS
ACTED AS SUB-BROKER WITHOUT SEBI REGISTRATION
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DEALT IN CASH WITH CLIENTS
INDULGED IN BUSINESS OTHER THAN THAT OF SECURITIES
COMMITTED IRREGULARITIES PERTAINING TO CLIENTS SECURITIES
DID NOT DELIVER SECURITIES TO CLIENTS IN TIME
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 17-OCT-2006 TO 16-NOV-2006
26-SEP-2006
|
|
| 54 |
|
|
AGARWALA STOCKS
(Member : GSE)
|
|
|
|
ASHOK KUMAR AGARWALA
|
|
DID NOT PAY FEES TO SEBI
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 07-MAR-2007 TO 06-SEP-2007
07-MAR-2007
|
|
| 55 |
|
|
AGBROS SECURITIES PVT.LTD.
(Member : CSE)
|
|
|
|
NARENDRA BALASIA
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF SPANCO TELESYSTEMS & SOLUTIONS LTD.
VIOLATED REGULATION 7 READ WITH CODE OF CONDUCT AS SPECIFIED IN SCHEDULE 11 OF STOCK BROKER REGULATION
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 19-APR-2007 TO 25-APR-2007
29-MAR-2007
|
|
| 56 |
|
|
AGBROS SECURITIES PVT.LTD.
(Member : CSE)
|
|
|
DEFAULTED/IRREGULARITIES IN MAINTENANCE OF ORDER BOOK
DEFAULTED IN MAINTENANCE OF DOCUMENTS REGISTER
DID NOT TRANSFER SECURITIES FROM POOL ACCOUNT TO CLIENTS' ACCOUNT IN TIME
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
SUBMITTED WRONG INFORMATION TO SEBI
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 14-MAY-2003 TO 13-FEB-2004
23-APR-2003
|
|
| 57 |
|
|
AGGARWAL RAM PAUL & CO.
(Member : LSE)
|
|
|
|
RAMPAL AGGARWAL
|
|
VIOLATED CODE OF CONDUCT AS PRESCRIBED UNDER STOCK BROKER REGULATIONS
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF S.G.CAPITAL SERVICES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 19-MAY-2009 TO 02-JUN-2009
28-APR-2009
|
|
| 58 |
|
|
AGGRIVATE INVESTFIN PVT.LTD.
(Member : JSE)
|
|
|
DID NOT PAY FEES TO SEBI
|
SHOW CAUSE NOTICE ISSUED
SUSPENDED REGISTRATION AS STOCK BROKER FROM 12-APR-2010 TILL REGISTRATION FEE DEPOSITED
09-NOV-2009
|
SEBI VIDE ORDER DATED 22/03/2010, SUSPENDED CERTIFICATE OF REGISTRATION TILL THE TIME OUTSTANDING REGISTRATION FEE IS FULLY PAID
|
| 59 |
|
|
AGRAWAL INVESTMENTS
(Member : UPSE)
|
|
|
|
SHIV DARSHAN AGRAWAL
|
|
INDULGED IN ILLEGAL CARRY FORWARD TRANSACTIONS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 19-JAN-1999 TO 18-APR-1999
14-JAN-1999
|
|
| 60 |
|
|
AGROY FINANCE & INVESTMENT LTD.
(Member : DSE)
|
|
|
INDULGED IN PRICE MANIPULATION AND CREATION OF ARTIFICIAL MARKET IN SCRIP OF SHONKH TECHNOLOGIES INTERNATIONAL LTD.
VIOLATED SEBI CODE OF CONDUCT
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 14-JUN-2007 TO 13-JUL-2007
24-MAY-2007
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER DATED 24/05/2007 SET ASIDE WITH PARTIES TO BEAR THEIR OWN COSTS
|
| 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 3 of 107
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