| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 161 |
|
MALIRAM MAKHARIA FINSTOCK PVT.LTD.
(PAN:AACCM1102E)
(Member : BSE)
|
|
|
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DID NOT DELIVER SECURITIES TO CLIENTS IN TIME
FAILED TO PAY DIVIDENDS TO SHAREHOLDERS
DEALT WITH UN-REGISTERED SUB-BROKERS
DID NOT EXERCISE DUE SKILL AND DILIGENCE
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
|
IMPOSED PENALTY RS.2,00,000
05-SEP-2007
|
|
| 162 |
|
|
MANGAL KESHAV SECURITIES LTD.
(PAN:AAECM6524C)
(Member : BSE/NSE)
|
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL MARKET THROUGH CIRCULAR TRANSACTIONS IN SCRIP OF DATABASE FINANCE LTD.
ALLEGED FAILURE IN EXERCISING DUE SKILL, CARE AND DILIGENCE WHILE EXECUTING TRANSACTIONS IN SCRIP OF DATABASE FINANCE LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.10,00,000 VIDE CONSENT ORDER)
30-SEP-2008
|
|
| 163 |
|
|
MANGAL KESHAV SECURITIES LTD.
(PAN:AAECM6524C)
(Member : BSE)
|
|
|
DID NOT EXERCISE DUE CARE AND DILIGENCE
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
31-AUG-2004
|
|
| 164 |
|
|
MANGLA CAPITAL SERVICES PVT.LTD.
(Member : NSE)
|
|
|
|
VINOD GUPTA
|
|
ISSUED TWO CONTRACT NOTES FOR THE SAME TRADE TO FACILITATE CLIENTS TO RECEIVE IMMEDIATE CASH FOR THE SALES MADE AND TO USE THAT MONEY TO BUY SAME SHARES THROUGH OTHER BROKERS
DEALT WITH UN-REGISTERED SUB-BROKERS
DID NOT EXERCISE DUE CARE AND DILIGENCE AT THE TIME OF ADMITTING CLIENTS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
31-JAN-2006
|
SAT: APPEAL FAILED AND DISMISSED WITH NO ORDER AS TO COSTS, AS SAT UPHELD ONLY TWO FINDINGS. FIRST EXECUTION OF TWO CONTRACT NOTES AND DEALT WITH UN-REGISTERED SUB-BROKER
SAT: CONFIRMED PREVIOUS SAT ORDER DATED 10/08/2007 VIDE WHICH ONLY TWO FINDINGS OF SEBI WERE UPHELD
|
| 165 |
|
|
MANI & CO.
(Sub-Broker of MSE FINANCIAL SERVICES LTD., Member : BSE,Member : MDSE)
|
|
|
DEALT WITH UN-REGISTERED SUB-BROKERS
DEALT WITH BROKERS OF OTHER EXCHANGES WITHOUT SEBI REGISTRATION AS SUB-BROKER
INDULGED IN OFF-THE-FLOOR TRANSACTIONS
DEFAULTED/IRREGULARITIES IN MAINTENANCE OF ORDER BOOK
DID NOT COLLECT MARGINS FROM CLIENTS
DID NOT DELIVER SECURITIES TO CLIENTS IN TIME
DEFAULTED IN PAY-IN OBLIGATIONS
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
|
| 166 |
|
|
MANOG SECURITIES PVT.LTD.
(Member : NSE)
|
|
|
|
VIVEK GUPTA
|
|
DEFAULTED/IRREGULARITIES IN MAINTENANCE OF ORDER BOOK
DID NOT ISSUE CONTRACT NOTES IN SPECIFIED FORMAT
DID NOT MAINTAIN HIGH STANDARDS OF INTEGRITY AND FAIRNESS IN CONDUCT OF BUSINESS
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DID NOT DELIVER SECURITIES TO CLIENTS IN TIME
DID NOT MAINTAIN CLIENT DATABASE
ACTED AS SUB-BROKER WITHOUT SEBI REGISTRATION
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
|
IMPOSED PENALTY RS.1,50,000
20-SEP-2006
|
|
| 167 |
|
|
MANOJ J.DOSHI,M/S
(Member : NSE)
|
|
|
|
MANOJ J.DOSHI
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING WITH HIS CLIENTS K.P.INVESTMENT IN SCRIP OF MOREPEN HOTELS LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 11-NOV-2003 TO 10-OCT-2004
21-OCT-2003
|
|
| 168 |
|
|
MCCLIFF SECURITIES LTD.
(Member : NSE)
|
|
|
INDULGED IN PRICE MANIPULATION IN SCRIP OF MARUTI ORGANICS LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE IN SCRIP OF MARUTI ORGANICS LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 30-SEP-2002 TO 07-OCT-2002
16-SEP-2002
|
|
| 169 |
|
|
MERFIN (INDIA) LTD.
(CIN:U65910AP1994PLC018942)
(Member : NSE)
|
|
|
|
P.S.R.NAGABHUSHANA RAO
|
|
DEALT WITH UN-REGISTERED SUB-BROKERS
USED CLIENTS' ACCOUNT FOR PAYMENT OF OWN OBLIGATIONS
DID NOT COLLECT MARGINS FROM CLIENTS
DID NOT DELIVER SECURITIES TO CLIENTS IN TIME
DID NOT EXERCISE DUE CARE AND DILIGENCE
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY SEBI
|
IMPOSED PENALTY RS.1,50,000
03-OCT-2006
|
|
| 170 |
|
|
MKM FINSEC PVT.LTD.
(Member : DSE)
|
|
|
INDULGED IN CREATION OF MISLEADING APPEARANCE OF TRADING AND PRICE MANIPULATION IN SCRIP OF WELCOME COIR INDUSTRIES LTD.
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING ON BEHALF OF CLIENTS IN SCRIP OF WELCOME COIR INDUSTRIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 27-JAN-2009 TO 26-FEB-2009
06-JAN-2009
|
|
| 171 |
|
|
MOHAN MALPANI,M/S
(Member : MPSE)
|
|
|
|
MOHAN MALPANI
|
|
DID NOT EXERCISE DUE SKILL AND CARE IN MATTER OF EONOUR TECHNOLOGIES LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF EONOUR TECHNOLOGIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 26-NOV-2003 TO 25-MAY-2004
05-NOV-2003
|
|
| 172 |
|
|
MOHANLAL DAHYABHAI & SONS
(Member : ASE)
|
|
|
AIDED DEVENDRA KANTILAL DALAL IN PRICE MANIPULATION IN SCRIP OF JYOTI RESINS & ADHESIVES LTD.
DID NOT EXERCISE DUE SKILL AND DILIGENCE IN MATTER OF JYOTI RESINS & ADHESIVE LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 12-AUG-2002 TO 11-DEC-2002
12-AUG-2002
|
|
| 173 |
|
|
MOHINI & CO.
(Member : UPSE)
|
|
|
|
MOHINI AGRAWAL
|
|
VIOLATED SEBI ACT, RULES & REGULATIONS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 16-SEP-1996 TO 15-OCT-1996
05-SEP-1997
|
|
| 174 |
|
|
MOHINI & CO.
(Member : UPSE)
|
|
|
|
MOHINI AGRAWAL
|
|
VIOLATED SEBI ACT, RULES & REGULATIONS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 01-MAY-1997 TO 31-JUL-1997
04-APR-1997
|
|
| 175 |
|
|
MONARCH NETWORTH CAPITAL LTD.
(PAN:AAACN1184F)
(Member : BSE)
|
|
|
|
S.P.JAIN
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE EXECUTING TRANSACTIONS IN SCRIP OF DATABASE FINANCE LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
13-JAN-2009
|
|
| 176 |
|
|
MOTISONS SECURITIES PVT.LTD.
(Member : NSE)
|
|
|
|
R.M.AGARWAL
|
|
|
RAKESH PARASRAMPURIA
|
|
DID NOT EXERCISE DUE SKILL AND CARE IN MATTER OF KAMAL OVERSEAS LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
22-AUG-2002
|
|
| 177 |
|
|
MSE FINANCIAL SERVICES LTD.
(Member : BSE)
|
|
|
DEALT WITH UN-REGISTERED SUB-BROKERS
DID NOT OBTAIN AUDIT CERTIFICATES FROM SUB BROKERS REGARDING COLLECTION OF MARGINS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
24-JAN-2006
|
|
| 178 |
|
|
MUKESH BABU SECURITIES LTD.
(Member : BSE/NSE)
|
|
|
|
MUKESH BABU
|
|
AIDED AND ABETTED KP ENTITIES TO CREATE FALSE AND MISLEADING APPEARANCE OF TRADING IN SCRIP OF HIMACHAL FUTURISTIC COMMUNICATIONS LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 12-MAR-2008 TO 12-MAR-2008
20-FEB-2008
|
|
| 179 |
|
|
MUKESH DOKANIA & CO.
(Member : CSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING IN SCRIP OF MINOLTA FINANCE LTD
INDULGED IN MARKET MANIPULATION AND PRICE MANIPULATION THROUGH CROSS DEALS AND SYNCHRONIZED TRANSACTIONS IN SCRIP OF MINOLTA FINANCE LTD.
|
IMPOSED PENALTY RS.6,00,000
09-JUL-2009
|
SAT: APPEAL FAILED AND DISMISSED. NO ORDER AS TO COSTS
INCLUDED IN SEBI LIST DATED 31/03/2014, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 180 |
|
|
MUKESH DOKANIA & CO.
(Member : CSE)
|
|
|
|
MUKESH DOKANIA
|
|
DID NOT EXERCISE DUE SKILL AND DILIGENCE
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
09-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 9 of 16
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