| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 81 |
|
PADAM JAIN & CO.
(Member : GSE)
|
|
|
|
PADAM CHAND JAIN
|
|
DID NOT PRODUCE BOOKS OF ACCOUNTS TO SEBI FOR INSPECTION
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 09-MAR-1999 TO 08-SEP-1999
09-MAR-1999
|
|
| 82 |
|
|
PLATINUM STOCK BROKING SERVICES LTD.
(Member : NSE/CSE)
|
|
|
NON-COOPERATION WITH SEBI IN INVESTIGATIONS
VIOLATED CONDITIONS OF CERTIFICATE OF REGISTRATION
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 24-SEP-2001
24-SEP-2001
|
|
| 83 |
|
|
PRADEEP KUMAR BANSAL,M/S
(Member : UPSE/CSE/ICSE)
|
|
|
|
PRADEEP KUMAR BANSAL
|
|
EXECUTED SINGLE TRADES AT EXCHANGE TO ASCERTAIN PRICES FOR EXECUTING BULK ORDERS ILLEGALLY OUTSIDE THE EXCHANGE MECHANISM
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
DID NOT FURNISH CORRECT INFORMATION TO INSPECTING TEAM REGARDING BANK ACCOUNTS
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF AURANGABAD CRYOGENICS LTD. (NOW KNOWN AS BANSAL NATUREVEST LTD.)
DEFICIENCIES IN MEMBER-CLIENT AGREEMENTS
DEFICIENCIES IN REGISTRATION FORMS
DID NOT ISSUE CONTRACT NOTES
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DID NOT COLLECT MARGINS FROM CLIENTS
DID NOT RECORD TIME OF PLACEMENT OF ORDERS ON CONTRACT NOTES
DEFAULTED IN MAINTENANCE OF DOCUMENTS REGISTER
DEFAULTED IN MAINTENANCE OF MARGIN DEPOSIT BOOK
EXECUTED TRADES FOR CLIENTS THROUGH PROPRIETARY ACCOUNT TO EVADE COLLECTION OF MARGINS
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 23-JUL-2003 TO 22-JUL-2008
28-JUN-2006
SETTLEMENT ( SETTLEMENT CHARGES RS.25,00,000, LEGAL EXPENSES RS.2,50,000 VIDE CONSENT ORDER)
REACHED SETTLEMENT (CONSENT ORDER) (AGREED VOLUNTARILY TO BE SUSPENDE
|
SAT: APPLICANT AGREED TO PAY A SUM OF RS.25,00,000 TOWARDS SETTLEMENT CHARGES AND RS.2,50,000 TOWARDS LEGAL EXPENSES AS PER CONSENT ORDER DATED 09/06/2008 AND VOLUNTARILY UNDERTAKEN TO REMAIN SUSPENDED FOR A PERIOD OF 5 YEARS COMMENCING FROM 23/07/2003. ORDER DATED 28/06/2006 SET ASIDE
|
| 84 |
|
|
PRASIDDHI MARKETING & SHARE
(Member : BGSE)
|
|
|
DID NOT ADHERE TO "KNOW YOUR CLIENT" DIRECTIVES/INSTRUCTIONS/GUIDELINES
DID NOT EXERCISE DUE CARE & DILIGENCE WHILE EXECUTING SUBSTANTIAL TRANSACTIONS IN HOME TRADE LTD.
DID NOT SUBMIT COPIES OF CONTRACT NOTES FOR INSPECTION
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 15-MAR-2007 TO 29-MAR-2007
22-FEB-2007
|
|
| 85 |
|
|
PRAVINCHANDRA NAKARCHAND STOCK BROKERS PVT.LTD.
(CIN:U67120GJ1996PTC029094)
(Member : ASE)
|
|
|
DEFAULTED IN MAINTENANCE OF MARGIN DEPOSIT BOOK
DEFAULTED IN MAINTENANCE OF DOCUMENTS REGISTER
DEFAULTED IN MAINTENANCE OF GENERAL LEDGER
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
INDULGED IN ILLEGAL CARRY FORWARD TRANSACTIONS
DID NOT PRODUCE BOOKS OF ACCOUNTS TO SEBI FOR INSPECTION
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 06-AUG-2001 TO 05-OCT-2001
03-AUG-2001
|
|
| 86 |
|
|
RABINDRA BAJORIA,M/S
(Member : BHSE)
|
|
|
|
RABINDRA BAJORIA
|
|
DID NOT PRODUCE BOOKS OF ACCOUNTS TO SEBI FOR INSPECTION
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 10-AUG-1999 TO 09-FEB-2000
10-AUG-1999
|
|
| 87 |
|
|
RAJAN MAHESHWARI,M/S
(Member : JSE)
(Along with : M.M.BROKERS PVT.LTD.)
|
|
|
|
RAJAN MAHESHWARI
|
|
DID NOT PRODUCE BOOKS OF ACCOUNTS TO SEBI FOR INSPECTION
DEFAULTED IN MAINTENANCE OF SAUDA BOOK
DEFAULTED IN MAINTENANCE OF DOCUMENTS REGISTER
DID NOT ISSUE CONTRACT NOTES
DEALT WITH UN-REGISTERED SUB-BROKERS
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
USED EXCHANGE MECHANISM IN ORDER TO MEET FINANCIAL OBLIGATIONS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 02-JUL-1999 TO 01-AUG-1999
06-JUL-1999
|
|
| 88 |
|
|
RAJKUMAR CHAINRAI BASANTANI,M/S
(PAN:AESPB2834F)
(Member : NSE)
|
|
|
|
RAJKUMAR CHAINRAI BASANTANI
PAN:AESPB2834F
|
|
INDULGED IN PRICE MANIPULATION BY CIRCULAR AND STRUCTURED TRANSACTIONS IN SCRIP OF SOUNDCRAFT INDUSTRIES LTD.
ALLEGED NOT RESPONDING TO LETTERS/SUMMONS ISSUED BY SEBI
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 03-JAN-2009 TO 02-JAN-2011
12-DEC-2008
|
|
| 89 |
|
|
RAKESH DEEP INVESTMENTS
(Member : UPSE)
|
|
|
|
RAKESH KUMAR MISHRA
|
|
DID NOT PRODUCE BOOKS OF ACCOUNTS TO SEBI FOR INSPECTION
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 MAINTAIN CLIENT REGISTRATION FORMS
DID NOT MAINTAIN CLIENT AGREEMENTS
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 04-MAR-2002 TO 03-JUL-2002
27-FEB-2002
|
|
| 90 |
|
|
RAKESH KUMAR AGRAWAL,M/S
(Member : MPSE)
|
|
|
|
RAKESH KUMAR AGARWAL
|
|
DID NOT PRODUCE BOOKS OF ACCOUNTS TO SEBI FOR INSPECTION
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 07-JAN-1999 TO 06-JUL-1999
30-DEC-1998
|
|
| 91 |
|
|
RAMABEN SAMANI FINANCE PVT.LTD.
(Member : BSE)
|
|
|
|
SUDHA B.VITHLANI
|
|
DEFAULTED/IRREGULARITIES IN MAINTENANCE OF ORDER BOOK
NON-COOPERATION WITH SEBI IN INVESTIGATIONS
DEFAULTED IN MAINTENANCE OF ORDER CONFIRMATION SLIP
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DID NOT EXERCISE DUE SKILL AND CARE WHILE DEALING WITH CLIENTS IN SCRIP OF GUJARAT FISCON LTD.
DEALT WITH UN-REGISTERED SUB-BROKERS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 28-JUL-2007 TO 11-AUG-2007
22-JUN-2007
|
|
| 92 |
|
|
RBS SRIVASTAVA SHARE & STOCK BROKER
(Member : UPSE)
|
|
|
|
RASIK BIHARI SHARAN SRIVASTAVA
|
|
INDULGED IN ILLEGAL CARRY FORWARD TRANSACTIONS
DID NOT ADHERE TO SUMMONS ISSUED BY SEBI
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 10-OCT-2006 TO 09-NOV-2006
19-SEP-2006
|
|
| 93 |
|
|
RIGHT FINSTOCK PVT.LTD.
(PAN:AAACR9277R)
(Member : ASE)
|
|
|
DID NOT PERSONALLY APPEAR AND/OR PROVIDE NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF K.C.BOKADIA FILMS LTD.
|
IMPOSED PENALTY RS.2,00,000
17-MAR-2010
|
SAT: APPEAL FAILED AND DISMISSED WITH NO ORDER AS TO COSTS
INCLUDED IN SEBI LIST DATED 31/03/2014, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 94 |
|
|
RIGHT FINSTOCK PVT.LTD.
(PAN:AAACR9277R)
(Member : ASE)
|
|
|
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AS REQUIRED UNDER REGULATION 13(3) READ WITH 13(5) OF SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 1992 MATTER OF INNOVISION E-COMMERCE LTD.
DID NOT FURNISH INFORMATION TO SEBI IN MATTER OF INNOVISION E-COMMERCE LTD.
|
IMPOSED PENALTY RS.2,00,000
04-MAR-2009
|
SAT: IMPUGNED ORDER MODIFIED BY REDUCING PENALTY AMOUNT TO RS.50,000 FROM RS.2,00,000. APPEAL STANDS DISPOSED OFF WITH NO ORDER AS TO COSTS
|
| 95 |
|
|
ROYAL INTERNATIONAL SHARES PVT.LTD.
(CIN:U67110WB2010PTC145276
PAN:AAECR7263H)
(Member : BSE/NSE)
|
|
|
DID NOT CO-OPERATE WITH SEBI IN INSPECTION
DID NOT REDRESS INVESTOR COMPLAINTS
DID NOT MAINTAIN ADEQUATE INTEREST FREE DEPOSIT ON NSE VIOLATING REGULATION 9(B) OF (STOCK BROKER) REGULATIONS, 1992
DID NOT SUBMIT NETWORTH CERTIFICATE AND ANNUAL AUDITED ACCOUNTS TO BSE FOR PERIOD ENDED MARCH 31, 2013 VIOLATING REGULATION 9(B) OF (STOCK BROKER) REGULATIONS, 1992
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 28-FEB-2020
28-FEB-2020
|
|
| 96 |
|
|
S.J.CAPITAL LTD.
(CIN:U67120DL1994PLC058136)
(Member : DSE)
|
|
|
|
JAGDISH CHAND GUPTA
|
|
|
MANOJ MITTAL
|
|
|
SARASWATI GUPTA
|
|
DID NOT CO-OPERATE WITH SEBI DURING INVESTIGATIONS AND TRIED TO ELUDE DSE AND/OR SEBI BY VACATING ITS PREMISES WITHOUT INFORMING
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND DID NOT SUBMIT REQUIRED RETURNS VIOLATING REGULATION 7 READ WITH CLAUSES A(1),A(2) AND C(6) OF CODE OF CONDUCT FOR SUB-BROKERS UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992
|
IMPOSED PENALTY RS.1,00,000
07-FEB-2011
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 97 |
|
|
S.M.INVESTMENT
(Member : GSE)
|
|
|
|
MANOJ HARLALKA
|
|
DID NOT PRODUCE BOOKS OF ACCOUNTS TO SEBI FOR INSPECTION
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 29-JUN-1999 TO 28-DEC-1999
07-JUL-1999
|
|
| 98 |
|
|
SAI SOFT SECURITIES LTD.
(Member : NSE/USEIL)
|
|
|
DID NOT CO-OPERATE WITH SEBI IN INSPECTION
DID NOT FURNISH REQUISITE INFORMATION TO SEBI
DID NOT DECLARE BANK ACCOUNT TO STOCK EXCHANGE
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
MISUTILIZED CLIENTS FUNDS FOR DEBIT OBLIGATION OF OWN/OTHER CLIENTS
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 05-AUG-2021
05-AUG-2021
|
|
| 99 |
|
|
SAMCO SECURITIES LTD.
(CIN:U67120MH2004PLC146183
PAN:AAICS2455A)
(Member : NSE/BSE)
|
|
|
MAPPED SINGLE EMAIL ID AND MOBILE NUMBER FOR MULTIPLE CLIENTS
DISCREPANCIES IN CLIENT’S REGISTRATION DOCUMENTS AND CLIENT ONBOARDING PROCESS FOR ONLINE CLIENTS
DID NOT CO-OPERATE AND NOT SUBMITTED DOCUMENTS DURING INSPECTION
|
IMPOSED PENALTY RS.2,50,000
29-MAY-2024
|
SAT: SAT VIDE ITS ORDER DATED 20/08/2024 GRANTED RESPONDENT THREE WEEKS TO FILE REPLY AND REJOINDER TO BE FILED WITHIN TWO WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 22/10/2024 GRANTED APPELLANT THREE WEEKS TO FILE REJOINDER
|
| 100 |
|
|
SANJAY BIYANI,M/S
(Member : MPSE)
|
|
|
|
SANJAY BIYANI
|
|
ACTED IN CONCERT WITH BROKERS AND CLIENTS TO CREATE ARTIFICIAL MARKET/PRICE RISE THROUGH CROSS DEALS BY MATCHING ORDER QUANTITY, PRICE AND TIMINGS OF BUY AND SELL TRANSACTIONS IN SCRIP OF KWALITY DAIRY (INDIA) LTD.
NON-COOPERATION WITH SEBI IN INVESTIGATIONS
|
IMPOSED PENALTY RS.10,00,000
14-SEP-2006
|
INCLUDED IN SEBI LIST DATED 31/03/2014, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
SEBI VIDE ITS ORDER DATED 30/04/2015 DIRECTED HDFC BANK LTD. TO RELEASE ½ OF THE BALANCE AVAILABLE IN SAVING BANK ACCOUNT NO.00361930000718 AND IN FDRS ACCOUNT NO.00364410036080 & 00364410036090 TO SHRI GOVIND DAS BIYANI ON HIS REQUEST. HDFC BANK LTD. IS DIRECTED THAT THE ATTACHMENT ON THE SAID THREE ACCOUNTS SHALL CONTINUE TILL FURTHER ORDERS EXCEPT FOR THE PURPOSE OF RELEASING HALF OF THE SHARE TO SHRI GOVIND DAS BIYANI
|
| 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 5 of 7
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