| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 41 |
|
BHH SECURITIES PVT.LTD.
(PAN:AAACB6431H)
(Member : BSE)
|
|
|
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DEFAULTED IN MAINTENANCE OF DOCUMENTS REGISTER
DID NOT DELIVER SECURITIES TO CLIENTS IN TIME
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT MAINTAIN CLIENT REGISTRATION FORMS
DEALT WITH UN-REGISTERED SUB-BROKERS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
14-JAN-2003
|
|
| 42 |
|
|
BHUPENDRA & CO.
(Member : DSE)
|
|
|
|
BHUPENDRA PRASAD WATAL
|
|
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
|
IMPOSED PENALTY RS.10,000
24-NOV-2004
|
|
| 43 |
|
|
BIMAL KUMAR BARARIA,M/S
(Member : CSE)
|
|
|
|
BIMAL KUMAR BARARIA
|
|
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
IRREGULARITIES IN REGISTRATION OF CLIENTS
DEALT WITH BROKERS OF OTHER EXCHANGES WITHOUT SEBI REGISTRATION AS SUB-BROKER
ISSUED CONTRACT NOTES OF CSE FOR TRANSACTIONS DONE ON NSE
DID NOT ISSUE CONTRACT NOTES
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
DEFAULTED IN MAINTENANCE OF DOCUMENTS REGISTER
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 13-MAY-2003 TO 12-SEP-2003
22-APR-2003
|
|
| 44 |
|
|
BIPIN & CO.
(Member : MGSE)
|
|
|
|
BIPIN JAIN
|
|
DEFAULTED IN MAINTENANCE OF BOOKS OF ACCOUNTS
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
DID NOT ISSUANCE OF CONTRACT NOTES IN TIME
DEALT WITH UN-REGISTERED SUB-BROKERS
CHARGED EXCESS BROKERAGE
DID NOT MAINTAIN SEPARATE CLIENT ACCOUNT
DID NOT MEET CAPITAL ADEQUACY REQUIREMENT
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 28-JUL-1998 TO 27-OCT-1998
23-JUL-1998
|
|
| 45 |
|
|
BRAJESH NEEMA & CO.
(Member : MPSE)
|
|
|
|
BRAJESH KUMAR NEEMA
|
|
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DID NOT REFUND MONEY COLLECTED UNDER CIS
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
DEFAULTED IN MAINTENANCE OF PROPER BILL BOOK
MISUTILIZED EXCHANGE MEMBERSHIP RIGHTS
INDULGED IN FINANCIAL TRANSACTIONS
NON-COOPERATION WITH SEBI IN INVESTIGATIONS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
24-JUL-1998
|
|
| 46 |
|
|
CENTURY FINVEST PVT.LTD.
(PAN:AAACC3253A)
(Member : NSE)
|
|
|
ALLOWED UNREGISTERED ENTITIES/CLIENTS TO OPERATE TRADING TERMINAL
AIDED AND ABETTED BHADRA GUPTA SECURITIES PVT.LTD. TO CARRYOUT UNREGISTERED SUB-BROKER ACTIVITIES
DID NOT COLLECT MARGINS FROM CLIENTS
|
DIRECTED NOT TO TAKE NEW CLIENTS AS STOCK BROKER FROM 09-SEP-2019 TO 08-SEP-2020
15-SEP-2015
|
SAT: SAT VIDE ITS ORDER DATED 09/09/2019 PARTLY ALLOWED THE APPEAL BY MODIFYING ORDER OF ONE YEAR SUSPENSION TO ONE YEAR RESTRICTION FROM TAKING ANY FRESH CLIENTS FROM DATE OF THIS ORDER. NO COSTS
|
| 47 |
|
|
CHIMANLAL LALBHAI,M/S
(Member : ASE)
|
|
|
|
CHIMANLAL LALBHAI
|
|
DID NOT ISSUE CONTRACT NOTES
INDULGED IN FINANCING TRANSACTIONS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
09-JUL-1999
|
|
| 48 |
|
|
CITIZEN SECURITIES LTD.
(Member : CSE)
|
|
|
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DEFAULTED/IRREGULARITIES IN MAINTENANCE OF ORDER BOOK
DEFAULTED IN MAINTENANCE OF MARGIN DEPOSIT BOOK
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
06-JAN-2000
|
|
| 49 |
|
|
CONSORTIUM SECURITIES PVT.LTD.
(PAN:AAACC5554G)
(Member : NSE)
|
|
|
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DID NOT MAINTAIN CLIENT REGISTRATION FORMS
DID NOT ENTER INTO AGREEMENT WITH CLIENTS
|
IMPOSED PENALTY RS.1,35,000
29-JUL-2005
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER SET ASIDE
|
| 50 |
|
|
D.AGGARWAL & CO.
(Member : LSE)
|
|
|
|
DEEPTI AGARWAL
|
|
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DEALT WITH BROKERS OF OTHER EXCHANGES WITHOUT SEBI REGISTRATION AS SUB-BROKER
DEFICIENCIES IN CLIENT DATABASE
INDULGED IN OFF-THE-FLOOR TRANSACTIONS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 07-JAN-2004 TO 06-FEB-2004
17-DEC-2003
|
|
| 51 |
|
|
DB (INDIA) SECURITIES LTD.
(Member : DSE)
|
|
|
DID NOT MAINTAIN DESPATCH RECORDS
DID NOT ISSUE CONTRACT NOTES
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
CHARGED EXCESS BROKERAGE
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
20-JUL-1999
|
|
| 52 |
|
|
DEEP KUMAR AGARWAL,M/S
(Member : UPSE)
|
|
|
|
DEEP KUMAR AGARWAL
|
|
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
INDULGED IN ILLEGAL CARRY FORWARD TRANSACTIONS
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
DID NOT REPORT SHORT SALES AND LONG PURCHASE POSITIONS TO THE EXCHANGE
DID NOT MAINTAIN CLIENT AGREEMENTS
DID NOT MAINTAIN CLIENT REGISTRATION FORMS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 09-SEP-2002 TO 08-SEP-2003
19-SEP-2002
|
|
| 53 |
|
|
DEEPAK BHOGILAL SHAH,M/S
(Member : ASE)
|
|
|
|
DEEPAK BHOGILAL SHAH
|
|
DEFAULTED IN MAINTENANCE OF SAUDA BOOK
DID NOT ISSUE CONTRACT NOTES
INDULGED IN UNAUTHORISED FUND-BASED ACTIVITIES
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
INDULGED IN ILLEGAL CARRY FORWARD TRANSACTIONS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 18-JAN-1999 TO 17-JUL-1999
15-JAN-1999
|
|
| 54 |
|
|
DEEPAK JHUNJHUNWALA & CO.
(Member : CSE)
|
|
|
DEFAULTED/IRREGULARITIES IN MAINTENANCE OF ORDER BOOK
DID NOT ISSUE CONTRACT NOTES
DEFICIENCIES IN REGISTRATION FORMS
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 07-JUL-2006 TO 06-SEP-2006
16-JUN-2006
|
|
| 55 |
|
|
DINESH BABULAL JAIN,M/S
(Member : ASE)
(Along with : MERIDIAN SHARES & SERVICES PVT.LTD.)
|
|
|
|
DINESH BABULAL JAIN
|
|
INDULGED IN ILLEGAL CARRY FORWARD TRANSACTIONS
DEFAULTED IN MAINTENANCE OF BOOKS/DOCUMENTS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT ISSUE CONTRACT NOTES
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 05-NOV-1999 TO 04-FEB-2000
28-OCT-1999
|
|
| 56 |
|
|
DINESH G.VED,M/S
(Member : SKSE)
|
|
|
|
DINESH G.VED
|
|
DEALT WITH UN-REGISTERED SUB-BROKERS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DEFAULTED IN MAINTENANCE OF DOCUMENTS REGISTER
DID NOT ISSUE CONTRACT NOTES
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 11-JUN-1999 TO 10-DEC-1999
08-JUN-1999
|
|
| 57 |
|
|
DPA CAPITAL PVT.LTD.
(Member : DSE)
|
|
|
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DEFAULTED IN MAINTENANCE OF DOCUMENTS REGISTER
DEALT WITH UN-REGISTERED SUB-BROKERS
DID NOT ENTER INTO AGREEMENT WITH CLIENTS
DEALT WITH BROKERS OF OTHER EXCHANGES WITHOUT SEBI REGISTRATION AS SUB-BROKER
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
05-DEC-2001
|
|
| 58 |
|
|
DPS SHARES & SECURITIES PVT.LTD.
(PAN:AABCD1053A)
(Member : BSE)
|
|
|
AIDED AND ABETTED MEGA CORP.LTD.BY ISSUNIG DUMMY CONTRACT NOTES
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE, INDULGED IN MANIPULATIVE ACTIVITIES AND NOT COMPLIED WITH 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 MEGA CORP.LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 12-OCT-2010 TO 11-JAN-2011
21-SEP-2010
|
|
| 59 |
|
|
DRB SECURITIES PVT.LTD.
(Member : UPSE)
|
|
|
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
INDULGED IN ILLEGAL CARRY FORWARD TRANSACTIONS
INDULGED IN OFF-THE-FLOOR TRANSACTIONS
DID NOT MAINTAIN CLIENT REGISTRATION FORMS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
INDULGED IN BUSINESS OTHER THAN THAT OF SECURITIES
DID NOT COLLECT MARGINS FROM CLIENTS
DID NOT RECTIFY BAD DELIVERIES IN TIME
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 12-JUL-2004 TO 11-NOV-2004
21-JUN-2004
|
|
| 60 |
|
|
DYNAMIC STOCK BROKING (INDIA) PVT.LTD.
(PAN:AABCD2889E)
(Member : BSE)
|
|
|
ALLOWED TERMINAL TO UNAUTHORISED USERS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DEFICIENCIES IN CLIENT DATABASE
INDULGED IN UNAUTHORISED FUND-BASED ACTIVITIES
DID NOT ADHERE TO "KNOW YOUR CLIENT" DIRECTIVES/INSTRUCTIONS/GUIDELINES
DID NOT ISSUE CONTRACT NOTES
DEFAULTED IN MAINTENANCE OF BOOKS OF ACCOUNTS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 29-JAN-2013 TO 28-APR-2013
08-JAN-2013
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 3 of 13
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