| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 121 |
|
JAYANTILAL KHANDWALA & SONS PVT.LTD.
(PAN:AAACJ9403D)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH MATCHED AND SYNCHRONIZED TRANSACTIONS IN SCRIP OF DSQ SOFTWARE LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE WHILE EXECUTING TRADES FOR CLIENTS IN SCRIP OF DSQ SOFTWARE LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 28-SEP-2006 TO 27-OCT-2006
07-SEP-2006
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER SET ASIDE, WITH NO ORDER AS TO COSTS
|
| 122 |
|
|
JBS SECURITIES PVT.LTD.
(PAN:AAACJ5485F)
(Member : NSE)
|
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL MARKET BY STRUCTURED DEALS IN SCRIP OF ADANI EXPORTS LTD.
ALLEGED FAILURE IN EXERCISING DUE SKILL, CARE AND DILIGENCE WHILE TRADING IN SCRIP OF ADANI EXPORTS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.15,00,000 VIDE CONSENT ORDER)
08-OCT-2008
|
|
| 123 |
|
|
JCL SECURITIES PVT.LTD.
(Member : BSE)
|
|
|
ALLEGED NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING IN SCRIP OF SUN INFOWAY LTD.
ALLEGED INDULGENCE IN MATCHED TRADES AND CROSS DEALS IN SCRIP OF SUN INFOWAYS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,50,000 VIDE CONSENT ORDER)
20-APR-2009
|
|
| 124 |
|
|
JITENDRA HARJIVANDAS SECURITIES PVT.LTD.
(PAN:AAACJ2849K)
(Member : BSE)
|
|
|
AIDED AND ABETTED CLIENTS IN EXECUTING SYNCHRONIZED AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF SHUKUN CONSTRUCTIONS LTD.
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING WITH CLIENTS IN SCRIP OF SHUKUN CONSTRUCTION LTD.
|
IMPOSED PENALTY RS.3,00,000
25-MAY-2009
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER DATED 25/05/2009 SET ASIDE AND CASE SENT BACK TO AO FOR FRESH DECISION
|
| 125 |
|
|
JITENDRA J.BHABHERA,M/S
(Member : BSE)
|
|
|
|
JITENDRA J.BHABHERA
|
|
ACTED IN CONCERT WITH ANOTHER CLIENT TO CREATE ARTIFICIAL MARKET/PRICE RISE THROUGH MATCHING/SYNCHRONISED DEALS IN SCRIP OF HAVELLS INDIA LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE
|
IMPOSED PENALTY RS.1,50,000
26-NOV-2008
|
|
| 126 |
|
|
JOINDRE CAPITAL SERVICES LTD.
(PAN:AAACJ1480E)
(Member : BSE)
|
|
|
DID NOT EXERCISE DUE SKILL AND DILIGENCE
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
07-OCT-2004
|
|
| 127 |
|
|
JYOTISH BHOGILAL STOCK BROKERS PVT.LTD.
(PAN:AAACJ5486G)
(Member : ASE)
|
|
|
DEALT WITH BROKERS OF OTHER EXCHANGES WITHOUT SEBI REGISTRATION AS SUB-BROKER
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE IN MATTER OF SAWACA BUSINESS MACHINES LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SAWACA BUSINESS MACHINES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 10-NOV-2004 TO 09-MAY-2005
20-OCT-2004
|
|
| 128 |
|
|
K & A SECURITIES PVT.LTD.
(PAN:AAACK1251G)
(Member : NSE)
|
|
|
DID NOT EXERCISE DUE CARE AND DILIGENCE IN CONDUCT OF BUSINESS AS A CAPITAL MARKET INTERMEDIARY IN MATTER OF MOREPEN LABORATORIES LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
29-JUN-2006
|
|
| 129 |
|
|
KAMLESH JAIN & CO.
(Member : LSE)
|
|
|
|
KAMLESH JAIN
|
|
COMMITTED IRREGULARITIES/DEFAULTED IN ISSUANCE OF CONFIRMATION MEMOS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DEALT IN CASH WITH CLIENTS
DID NOT EXERCISE DUE SKILL AND DILIGENCE
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY SEBI
|
IMPOSED PENALTY RS.40,000
02-NOV-2004
|
|
| 130 |
|
|
KANTILAL CHHAGANLAL SECURITIES PVT.LTD.
(PAN:AABCK3372R)
(Member : BSE)
|
|
|
|
JAYESH SHETH
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING WITH CLIENTS IN SCRIP OF GREENFIELD TRADING & FINANCE LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
15-MAR-2007
|
|
| 131 |
|
|
KASTHURIRANGAN & CO.
(Sub-Broker of MSE FINANCIAL SERVICES LTD., Member : BSE,Member : MDSE)
|
|
|
DEALT WITH UN-REGISTERED SUB-BROKERS
INDULGED IN OFF-THE-FLOOR TRANSACTIONS
DEFAULTED IN MAINTENANCE OF MARGIN DEPOSIT BOOK
DID NOT COLLECT MARGINS FROM CLIENTS
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DID NOT MAINTAIN CLIENT REGISTRATION FORMS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
EXECUTED MATCHING TRANSACTIONS
INDULGED IN EVASION OF MARGIN MONEY
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY SEBI
DID NOT EXERCISE DUE SKILL AND DILIGENCE
|
IMPOSED PENALTY RS.1,00,000
02-NOV-2004
|
SAT: IMPUGNED ORDER MODIFIED BY REDUCING PENALTY AMOUNT TO RS.25,000 FROM RS.1,00,000
|
| 132 |
|
|
KESHAV FINCON LTD.
(Member : UPSE)
|
|
|
DEFAULTED IN MAINTENANCE OF SAUDA BOOK
DEFAULTED/IRREGULARITIES IN MAINTENANCE OF ORDER BOOK
ACTED AS SUB-BROKER WITHOUT SEBI REGISTRATION
COMMITTED IRREGULARITIES/DEFAULTED IN ISSUANCE OF CONFIRMATION MEMOS
DID NOT COLLECT MARGINS FROM CLIENTS
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
INDULGED IN ILLEGAL CARRY FORWARD TRANSACTIONS
DID NOT APPOINT COMPLIANCE OFFICER
DID NOT TRANSFER CLIENTS MONEY TO CLIENT'S ACCOUNT ON DAILY BASIS
DID NOT MAINTAIN ADEQUATE BALANCE IN CLIENTS ACCOUNT
ENTERED IN AGREEMENTS WITH CLIENTS ON PLAIN PAPERS INSTEAD OF STAMP PAPERS
DID NOT ADHERE TO "KNOW YOUR CLIENT" DIRECTIVES/INSTRUCTIONS/GUIDELINES
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 18-OCT-2006 TO 17-NOV-2006
28-SEP-2006
|
|
| 133 |
|
|
KHANDWALA FINSTOCK PVT.LTD.
(Member : ASE)
|
|
|
DID NOT EXERCISE DUE SKILL IN FINDING OUT REALITY BEHIND APPARENT FACADE OF TRANSACTIONS IN MATTER OF JYOTI RESINS & ADHESIVES LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
20-JUN-2002
|
|
| 134 |
|
|
KHANDWALA FINSTOCK PVT.LTD.
(Member : ASE)
|
|
|
|
VIMAL P.KHANDWALA
|
|
ACTED AS SUB-BROKER WITHOUT SEBI REGISTRATION
DID NOT EXERCISE DUE SKILL AND DILIGENCE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 04-FEB-2009 TO 10-FEB-2009
14-JAN-2009
SETTLEMENT ( SETTLEMENT CHARGES RS.2,00,000, LEGAL EXPENSES RS.50,000 VIDE CONSENT ORDER)
07-JAN-2010~
|
SAT: ORDER DATED 14/01/2009 DISPOSED OFF, AS APPLICANT AGREED TO PAY RS.2,50,000 TOWARDS SETTLEMENT AND LEGAL CHARGES, AS PER CONSENT ORDER
|
| 135 |
|
|
KHUSHAL SECURITIES PVT.LTD.
(Member : DSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF KARISHMA FLORICULTURE LTD.
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING IN SCRIP OF KARISHMA FLORICULTURE LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 11-MAY-2009 TO 31-MAY-2009
20-APR-2009
|
|
| 136 |
|
|
KIRTI J.SHAH,M/S
(Member : BSE)
|
|
|
|
KIRTI J.SHAH
|
|
DID NOT EXERCISE DUE CARE AND DILIGENCE IN MATTER OF NORTH STAR GEMS (INDIA) LTD.
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 06-JUN-2000
18-JAN-2001
|
|
| 137 |
|
|
KISHOR R.AJMERA,M/S
(Member : BSE)
|
|
|
|
KISHOR R.AJMERA
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF MALVICA ENGINEERING LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE IN CONDUCT OF ITS BUSINESS AS A BROKER
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 17-JAN-2007 TO 16-MAY-2007
27-DEC-2006
|
SAT: IMPUGNED ORDER SET ASIDE AND APPEAL ALLOWED WITH NO ORDER AS TO COSTS
|
| 138 |
|
|
KNC SHARES & SECURITIES PVT.LTD.
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SOFTBPO GLOBAL SERVICES LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE WHILE DEALING WITH CLIENTS IN SCRIP OF SOFTBPO GLOBAL SERVICES LTD.
|
IMPOSED PENALTY RS.6,00,000
29-AUG-2008
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER DATED 29/08/2008 SET ASIDE WITH NO ORDER AS TO COST
|
| 139 |
|
|
KNC SHARES & SECURITIES PVT.LTD.
(Member : BSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING IN SCRIP OF FAST TRACK ENTERTAINMENT LTD.
|
IMPOSED PENALTY RS.60,000
24-NOV-2009
|
INCLUDED IN SEBI LIST DATED 30/09/2013, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 140 |
|
|
KNP SECURITIES LTD.
(Member : BSE)
|
|
|
VIOLATED SEBI ACT, RULES & REGULATIONS
|
DEBARRED FROM UNDERTAKING FRESH BUSINESS AS STOCK BROKER FROM 21-JUN-2001 TILL PENDING ENQUIRY
21-JUN-2001
|
SAT: APPEAL FAILED AND DISMISSED LEAVING 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. |
| |
|
|
| Page 7 of 16
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