| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
IL & FS FINANCIAL SERVICES LTD.
(PAN:AAACI4805L)
|
|
|
ALLEGED FAILURE IN FILING OF DECLARATION TO STOCK EXCHANGES FOR SHAREHOLDING MORE THAN 2% OF PAID UP EQUITY SHARES VIOLATING REGULATION 19(7) OF SECURITIES CONTRACTS (REGULATION) (STOCK EXCHANGES AND CLEARING CORP.) REGULATIONS, 2018
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.13,65,000 VIDE CONSENT ORDER)
29-MAR-2023
|
|
| 2 |
|
|
INDIAN CLEARING CORP.LTD.
(PAN:AABCI7140K)
|
|
|
DID NOT MAINTAIN CORRECT AND UP-TO-DATE INVENTORY AND SOFTWARE ASSETS INFORMATION IN INVENTORY WAS MISSING
DID NOT CLOSE OUT OBSERVATIONS IN BI-ANNUAL CYBER AUDIT IN TIME BOUND MANNER
DID NOT OBTAIN COMMENTS FROM MANAGEMENT AND BOARD OF DIRECTORSBEFORE SUBMITTING NETWORK AUDIT REPORT TO SEBI
DID NOT HAVE ONE TO ONE CORRESPONDENCE BETWEEN ASSETS AT DISASTER RECOVERY SITE (DRS) /NEAR SITE(NS) AND PRIMARY DATA CENTRE (PDC)
|
IMPOSED PENALTY RS.5,05,00,000
25-FEB-2025
|
|
| 3 |
|
|
NATIONAL STOCK EXCHANGE OF INDIA LTD.,THE
(PAN:AAACN1797L)
|
|
|
|
K.S.SOMASUNDARAM
PAN:ABAPS0010P
|
|
|
MAYUR SINDHWAD
PAN:BQCPS9399P
|
|
|
RAVI VARANASI
PAN:AACPV0930C
|
|
ALLEGED FAILURE TO MONITOR SERVICES OF VENDOR IN RESPECT OF CORE AND CRITICAL ACTIVITIES OF NATIONAL STOCK EXCHANGE AND NSE CLEARING LTD.
ALLEGED FAILURE TO ENSURE SYSTEMS PREPAREDNESS AND READINESS TO MOVE OPERATIONS TO DRS
ALLEGED FAILURE TO ENSURE ORDERLY EXECUTION OF TRADES ON-LINE/REAL TIME RISK MANAGEMENT OF TRADES AND MARKET INTEGRITY
ALLEGED FAILURE TO IT INFRASTRUCTURE CAPACITY PLANNING AND MANAGEMENT
ALLEGED FAILURE TO REPLICATE DATA BETWEEN PDC AND NEAR DR SITE IN SYNCHRONOUS FASHION TO ENSURE ZERO DATA LOSS
ALLEGED FAILURE TO ENSURE “NO SINGLE POINT OF FAILURE”
ALLEGED FAILURE TO RECOVER OPERATIONS WITHIN RTO OF FOUR HOURS
|
REACHED SETTLEMENT (CONSENT ORDER) TAKE UP AND PASS SPECIFIC AND APPROPRIATE TRAINING COURSES (SPECIFIED BY SEBI) AT THEIR OWN COST WITHIN NEXT SIX MONTHS
REACHED SETTLEMENT (CONSENT ORDER) AFTER PASSING SUCH EXAMS/COURSES, WILL COMMIT TO PRO BONO COMMUNITY SERVICE OF AT LEAST FOURTEEN DAYS OVER THE NEXT YEAR
28-JUN-2023
|
|
| 4 |
|
|
NATIONAL STOCK EXCHANGE OF INDIA LTD.,THE
(PAN:AAACN1797L)
|
|
|
|
SHIV KUMAR BHASIN
|
|
|
VIKRAM LIMAYE
|
|
ALLEGED FAILURE TO MONITOR SERVICES OF VENDOR IN RESPECT OF CORE AND CRITICAL ACTIVITIES OF NATIONAL STOCK EXCHANGE AND NSE CLEARING LTD.
ALLEGED FAILURE TO ENSURE SYSTEMS PREPAREDNESS AND READINESS TO MOVE OPERATIONS TO DRS
ALLEGED FAILURE TO ENSURE ORDERLY EXECUTION OF TRADES ON-LINE/REAL TIME RISK MANAGEMENT OF TRADES AND MARKET INTEGRITY
ALLEGED FAILURE TO IT INFRASTRUCTURE CAPACITY PLANNING AND MANAGEMENT
ALLEGED FAILURE TO REPLICATE DATA BETWEEN PDC AND NEAR DR SITE IN SYNCHRONOUS FASHION TO ENSURE ZERO DATA LOSS
ALLEGED FAILURE TO ENSURE “NO SINGLE POINT OF FAILURE”
ALLEGED FAILURE TO RECOVER OPERATIONS WITHIN RTO OF FOUR HOURS
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.49,76,80,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
20-JUN-2023
|
|
| 5 |
|
|
NSE CLEARING LTD.
(PAN:AAACN2642L)
|
|
|
ALLEGED FAILURE IN MAINTAINING SUFFICIENT INTER CLEARING CORPORATIONS COLLATERAL FROM INDIAN CLEARING CORP.LTD.
ALLEGED FAILURE TO ENSURE COMPLIANCE WITH PROVISIONS OF INTER CLEARING CORPORATION’S AGREEMENT
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.27,13,10,000 VIDE CONSENT ORDER)
29-OCT-2024
|
|
| 6 |
|
|
NSE CLEARING LTD.
(PAN:AAACN2642L)
|
|
|
|
VIKRAM KOTHARI
|
|
ALLEGED FAILURE TO MONITOR SERVICES OF VENDOR IN RESPECT OF CORE AND CRITICAL ACTIVITIES OF NATIONAL STOCK EXCHANGE AND NSE CLEARING LTD.
ALLEGED FAILURE TO ENSURE SYSTEMS PREPAREDNESS AND READINESS TO MOVE OPERATIONS TO DRS
ALLEGED FAILURE TO ENSURE ORDERLY EXECUTION OF TRADES ON-LINE/REAL TIME RISK MANAGEMENT OF TRADES AND MARKET INTEGRITY
ALLEGED FAILURE TO IT INFRASTRUCTURE CAPACITY PLANNING AND MANAGEMENT
ALLEGED FAILURE TO REPLICATE DATA BETWEEN PDC AND NEAR DR SITE IN SYNCHRONOUS FASHION TO ENSURE ZERO DATA LOSS
ALLEGED FAILURE TO ENSURE “NO SINGLE POINT OF FAILURE”
ALLEGED FAILURE TO RECOVER OPERATIONS WITHIN RTO OF FOUR HOURS
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.22,88,00,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
20-JUN-2023
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
