| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 61 |
|
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
|
|
| 62 |
|
|
ENIGMA FINANCIAL SERVICES PVT.LTD.
(Member : UPSE)
|
|
|
|
PANKAJ ARORA
|
|
DEALT WITH BROKERS OF OTHER EXCHANGES WITHOUT SEBI REGISTRATION AS SUB-BROKER
DID NOT REFUND MONEY COLLECTED UNDER CIS
INDULGED IN ILLEGAL CARRY FORWARD TRANSACTIONS
INDULGED IN OFF-THE-FLOOR TRANSACTIONS
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
COMMITTED IRREGULARITIES IN MAINTENANCE OF COUNTERFOILS OR DUPLICATES OF CONTRACT NOTES
DID NOT MAINTAIN CLIENT AGREEMENTS
DID NOT MAINTAIN CLIENT REGISTRATION FORMS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 17-OCT-2003 TO 17-FEB-2004
26-SEP-2003
|
|
| 63 |
|
|
ENRICH FINANCE & SECURITIES LTD.
(PAN:AAACE2292F)
(Member : NSE)
|
|
|
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT PAY FEES TO SEBI
DEFAULTED/IRREGULARITIES IN MAINTENANCE OF ORDER BOOK
DEFAULTED IN MAINTENANCE OF MARGIN DEPOSIT BOOK
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DID NOT DELIVER SECURITIES TO CLIENTS IN TIME
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DID NOT COLLECT MARGINS FROM CLIENTS
INDULGED IN OFF-MARKET TRANSACTIONS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 09-JUN-2003 TO 08-DEC-2003
19-MAY-2003
|
|
| 64 |
|
|
ESHA SECURITIES LTD.
(CIN:U99999DL1994PLC059396
PAN:AAACE2862P)
(Member : DSE)
|
|
|
DEFICIENCIES IN CLIENT DATABASE
DID NOT MAINTAIN CLIENT AGREEMENTS
DID NOT MAINTAIN CLIENT REGISTRATION FORMS
ALLEGED NON-COMPLIANCE OF REQUIREMENTS OF UNIQUE CLIENT CODE
DID NOT COLLECT MARGINS FROM CLIENTS
DID NOT DELIVER SECURITIES TO CLIENTS IN TIME
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DID NOT HAVE PRE-PRINTED SERIAL NUMBERS ON CONTRACT NOTES
DID NOT AFFIX STAMPS ON CONTRACT NOTES
DID NOT ISSUANCE OF CONTRACT NOTES IN TIME
DID NOT SUBMIT COPIES OF CONTRACT NOTES FOR INSPECTION
DID NOT MAINTAIN DESPATCH RECORDS
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
DEALT WITH UN-REGISTERED SUB-BROKERS
ACTED AS SUB-BROKER WITHOUT SEBI REGISTRATION
DID NOT APPOINT COMPLIANCE OFFICER
DELAYED SUBMISSION OF BROKER'S DATABASE TO INSPECTING AUTHORITY
EXECUTED TRADES IN FICTITIOUS NAMES
DID NOT OBTAIN PRIOR PERMISSION FROM SEBI PERTAINING TO CHANGE IN THE CONSTITUTION OF BOARD OF DIRECTORS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
EXCEEDED PERMISSIBLE TURNOVER LIMITS AT STOCK EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 20-JUN-2006 TO 19-DEC-2006
30-MAY-2006
|
|
| 65 |
|
|
EURO ASIAN SECURITIES LTD.
(Member : BSE/PSE)
|
|
|
DID NOT ISSUE CONTRACT NOTES
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
13-OCT-1999
|
|
| 66 |
|
|
FIN BRAINS SECURITIES (INDIA) LTD.
(Member : NSE)
|
|
|
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DID NOT ENTER INTO AGREEMENT WITH CLIENTS
DID NOT ADHERE TO "KNOW YOUR CLIENT" DIRECTIVES/INSTRUCTIONS/GUIDELINES
ACTED AS SUB-BROKER WITHOUT SEBI REGISTRATION
|
IMPOSED PENALTY RS.1,00,000
04-NOV-2010
|
|
| 67 |
|
|
FIRST CUSTODIAN FUND (INDIA) LTD.,THE
(Member : NSE)
|
|
|
|
MANISH BANTHIA
|
|
|
SURENDRA KUMAR BANTHIA
|
|
|
SUSHIL MANTRI
|
|
ACTED BEYOND MANDATE GIVEN BY CLIENTS
ENGAGED IN TRANSACTIONS OTHER THAN ARBITRAGE TRANSACTIONS
IRREGULARITIES IN REGISTRATION OF CLIENTS
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
ISSUED FICTITIOUS CONTRACT NOTES
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 14-JUL-2003 TO 13-JUL-2004
05-MAR-2004
|
|
| 68 |
|
|
FIRST CUSTODIAN FUND (INDIA) LTD.,THE
(Member : NSE)
|
|
|
|
MANISH BANTHIA
|
|
|
SURENDRA KUMAR BANTHIA
|
|
|
SUSHIL MANTRI
|
|
ISSUED BOGUS CONTRACT NOTES
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DID NOT PAYMENTS TO CLEARING BANKS IN TIME
EXECUTED ONE-SIDED TRANSACTIONS
DID NOT DELIVER SECURITIES TO CLIENTS IN TIME
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 14-JUL-2003 TILL FURTHER ORDERS
14-JUL-2003
|
|
| 69 |
|
|
FLORA SECURITIES
(Member : NSE)
|
|
|
DID NOT FRAME SPECIFIC CODE OF INTERNAL PROCEDURES AND CONDUCT FOR PREVENTION OF INSIDER TRADING AS REQUIRED UNDER REGULATION 12 OF SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 1992
DEFICIENCIES IN REGISTRATION FORMS
PAN NO. OF CLIENTS NOT APPEARING ON CONTRACT NOTES
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
03-MAR-2010
|
|
| 70 |
|
|
FMS SECURITIES LTD.
(Member : BSE)
|
|
|
ALLEGED DELAY IN MAKING PAYMENT TO CLIENTS
ALLEGED FAILURE IN MAKING PAYMENTS OF CORPORATE BENEFITS TO CLIENTS WITHIN STIPULATED TIME
ALLEGED FAILURE IN SEGREGATING CLIENTS FUNDS AND SECURITIES
ALLEGED DISCREPANCY IN ISSUANCE OF CONTRACT NOTES
ALLEGED DISCREPANCIES IN MAINTENANCE OF CLIENT REGISTRATION FORMS & CLIENT AGREEMENT
ALLEGED NON-DISCLOSURE OF PROPRIETARY TRADING TO CLIENTS
DEALT WITH UN-REGISTERED SUB-BROKERS
ALLEGED INSTALLATION OF TERMINALS AT UNAUTHORIZED PLACES
ALLEGED FAILURE IN TRANSFER OF SECURITIES TO INVESTORS
ALLEGED FAILURE IN MAKING DISCLOSURE OF CONTENTS OF RISK DISCLOSURE DOCUMENT TO CLIENTS
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.4,00,000 VIDE CONSENT ORDER)
12-AUG-2010
|
|
| 71 |
|
|
FORTUNE EQUITY BROKERS (INDIA) LTD.
(Member : NSE)
|
|
|
DEFAULTED/IRREGULARITIES IN MAINTENANCE OF ORDER BOOK
CONTRACT NOTES NOT SIGNED BY AUTHORISED REPRESENTATIVES
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
13-JAN-2006
|
|
| 72 |
|
|
G.R.KOHLI & CO.
(Member : DSE)
|
|
|
DID NOT ISSUE CONTRACT NOTES
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DEFICIENCIES IN CLIENT DATABASE
DID NOT MAINTAIN CLIENT AGREEMENTS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 30-MAY-2002 TO 29-SEP-2002
27-MAY-2002
|
|
| 73 |
|
|
GANESH STOCK & SHARE BROKERS PVT.LTD.
(Member : BGSE)
|
|
|
DID NOT ADHERE TO "KNOW YOUR CLIENT" DIRECTIVES/INSTRUCTIONS/GUIDELINES
DEFAULTED IN VERIFYING FINANCIAL CAPABILITIES AND NET WORTH OF CLIENTS
ALLOWED THIRD PARTY TO PLACE ORDERS FOR CLIENTS WITHOUT OBTAINING WRITTEN CONSENT FROM CLIENTS
DID NOT OBTAIN ACKNOWLEDGEMENT ON COUNTERFOILS OF CONTRACT NOTES
DID NOT EXERCISE DUE CARE & DILIGENCE WHILE EXECUTING SUBSTANTIAL TRANSACTIONS IN HOME TRADE LTD.
DID NOT ISSUE CONTRACT NOTES
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 24-OCT-2006 TO 07-NOV-2006
03-OCT-2006
|
|
| 74 |
|
|
GANGA NAGAR COMMODITY LTD.
(PAN:AAACT8903C)
(Member : MCX/NCDEX)
|
|
|
DID NOT MAINTAIN SEGREGATION BETWEEN OWN FUNDS AND CLIENTS FUNDS & SECURITIES
DID NOT SETTLE CLIENT’S FUNDS AND/OR SECURITIES
INCORRECT REPORTING OF MARGIN TO STOCK EXCHANGES
DID NOT UPLOAD KNOW YOUR CLIENTS (KYC) DOCUMENTS TO KRA PROCESSES
MAPPED SINGLE EMAIL ID AND MOBILE NUMBER FOR MULTIPLE CLIENTS
DID NOT PROVIDE ANY DETAILS OF CLIENT ORDER PLACING/CONFIRMATION PROOF IN CASE OF ONE CLIENT FOR THE SAMPLE DATES
MADE INCORRECT AND/OR DID NOT REPORT ENHANCED SUPERVISION OF DATA TO STOCK EXCHANGES
DID NOT ISSUE CONTRACT NOTES AS PER SEBI CIRCULAR
|
IMPOSED PENALTY RS.12,00,000
30-SEP-2020
|
|
| 75 |
|
|
GCM SECURITIES LTD.
(CIN:L67120WB1995PLC071337
PAN:AABCG1469K)
(Member : NSE)
|
|
|
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DEFAULTED/IRREGULARITIES IN MAINTENANCE OF ORDER BOOK
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DID NOT DELIVER SECURITIES TO CLIENTS IN TIME
IRREGULARITIES IN REGISTRATION OF CLIENTS
DID NOT FILE FIRST INFORMATION REPORT IN RESPECT OF STOLEN/FAKE/FORGED SHARES
DID NOT OBTAIN WRITTEN CONSENT FROM CLIENTS TO HOLD SECURITIES IN POOL ACCOUNT
DID NOT TRANSFER SECURITIES FROM POOL ACCOUNT TO CLIENTS' ACCOUNT IN TIME
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
22-JAN-2002
|
|
| 76 |
|
|
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
|
|
| 77 |
|
|
GHANSHAM DAS GILADA,M/S
(Member : HSE)
|
|
|
|
G.S.GILADA
|
|
INDULGED IN GALA TRANSACTIONS
DID NOT MAINTAIN CONTRACT SLIPS
DEFAULTED IN MAINTENANCE OF SAUDA BOOK
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
08-JUN-1998
|
|
| 78 |
|
|
GIRISH AGARWAL,M/S
(Member : UPSE)
|
|
|
|
GIRISH AGARWAL
|
|
DEFAULTED IN MAINTENANCE OF BOOKS OF ACCOUNTS
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
|
IMPOSED PENALTY RS.30,000
30-NOV-2004
|
|
| 79 |
|
|
GOVIND BROS.
(Member : HSE)
|
|
|
|
GOVIND KISHORE RATHI
|
|
DEALT WITH BROKERS OF OTHER EXCHANGES WITHOUT SEBI REGISTRATION AS SUB-BROKER
DEFAULTED IN MAINTENANCE OF MARGIN DEPOSIT BOOK
DID NOT DELIVER SECURITIES TO CLIENTS IN TIME
DEFICIENCIES IN CLIENT DATABASE
DID NOT ISSUE CONTRACT NOTES
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 06-JAN-2003 TO 05-JUL-2003
24-DEC-2002
|
|
| 80 |
|
|
H K FINANCE & CAPITALS LTD.
(CIN:L65910UP1993PLC015274)
(Member : NSE)
|
|
|
|
MANJEET SINGH HARDAYAL SINGH GANDHI
|
|
DEFAULTED IN MAINTENANCE OF BOOKS/DOCUMENTS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT HAVE PRE-PRINTED SERIAL NUMBERS ON CONTRACT NOTES
DID NOT ISSUE CONTRACT NOTES
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 17-FEB-2009 TO 16-MAR-2009
27-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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| Page 4 of 13
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