| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
ACTION FINANCIAL SERVICES (INDIA) LTD.
(PAN:AAACA4423G)
(Depository Participants : NSDL)
|
|
|
OPENED VARIOUS DEMAT ACCOUNTS SHARING COMMON ADDRESSES
|
DIRECTED NSDL TO CONDUCT INSPECTION
27-APR-2006
|
|
| 2 |
|
|
ANAND RATHI SHARE & STOCK BROKERS LTD.
(PAN:AAACN3405F)
(Depository Participants : NSDL,Member : BSE/NSE)
|
|
|
DID NOT ADHERE TO "KNOW YOUR CLIENT" DIRECTIVES/INSTRUCTIONS/GUIDELINES
DEFICIENCIES IN CLIENT DATABASE
VIOLATED CODE OF CONDUCT AS PRESCRIBED UNDER STOCK BROKER REGULATIONS
ILLEGALLY CHARGED CUSTODY CHARGES FROM CLIENTS
DIRECTOR OF STOCK BROKING FIRM ACTED AS SUB BROKER OF HIS OWN FIRM THROUGH HIS CORPORATE ENTITY
|
IMPOSED PENALTY RS.1,00,000
04-MAY-2009
|
|
| 3 |
|
|
B.R.JALAN SECURITIES PVT.LTD.
(PAN:AAACB4606Q)
(Depository Participants : CDSL)
|
|
|
DID NOT SEND STATEMENT OF ACCOUNT REGULARLY TO BENEFICIARIES
DID NOT MAINTAIN FILE CONTAINING CORRESPONDENCE WITH REGISTRAR TO ISSUE AND SHARE TRANSFER AGENT
TRANSFERRED SECURITIES OF VARIOUS BENEFICIAL OWNERS TO OTHERS ACCOUNT WITHOUT ANY INSTRUCTION SLIP
DID NOT KEEPING RECORDS AS PER REGULATION 50 OF DP REGULATION
DID NOT MAINTAIN DEMAT REQUEST FORMS PROPERLY AND RECORDS OF BENEFICIAL OWNERS WHO HAD SURRENDERED SECURITIES
|
IMPOSED PENALTY RS.1,00,000
02-DEC-2010
|
|
| 4 |
|
|
BNP PARIBAS
(Depository Participants : NSDL)
|
|
|
OPENED VARIOUS DEMAT ACCOUNTS SHARING COMMON ADDRESSES
|
DIRECTED NSDL TO CONDUCT INSPECTION
27-APR-2006
|
|
| 5 |
|
|
CITIBANK N.A.
(PAN:AAACC0462F)
(Depository Participants : NSDL)
|
|
|
OPENED VARIOUS DEMAT ACCOUNTS SHARING COMMON ADDRESSES
|
DIRECTED NSDL TO CONDUCT INSPECTION
REFERRED MATTER TO RESERVE BANK OF INDIA FOR FURTHER ACTION
27-APR-2006
|
|
| 6 |
|
|
DAYCO SECURITIES PVT.LTD.
(PAN:AAACD9409P)
(Depository Participants : NSDL)
|
|
|
OPENED BENEFICIARY ACCOUNTS WITH IMPROPER/INCOMPLETE DOCUMENTS
OPENED BENEFICIARY ACCOUNTS WITHOUT SIGNATURE OF WITNESS
ACCEPTED DEBIT INSTRUCTION SLIP FROM INVESTORS WITHOUT TIME STAMPING
DELAYED SENDING REJECTED DEMAT REQUEST TO INVESTORS
|
DIRECTED TO CEASE & DESIST FROM REPETITION OF LAPSES
19-SEP-2006
|
|
| 7 |
|
|
G.M.BOSU & CO.PVT.LTD.
(Depository Participants : CDSL)
|
|
|
TRANSFERRED 100 SHARES OF ITC LTD. WITHOUT ENSURING THAT PAYMENT FOR SUCH TRANSFER HAS BEEN MADE AS REQUIRED UNDER DP REGULATIONS
|
DIRECTED TO CREDIT 100 SHARES OF ITC LTD.ALONGWITH FURTHER BENEFITS IF ANY, THAT WOULD HAVE ACCRUED TO APPLICANT FROM DATE OF TRANSFER TILL COMPENSATED BY DEPOSITORY PARTICIPANT AND FILE COMPLIANCE REPORT WITH SEBI
DIRECTED CDSL TO COMPLY WITH ALL STATUTORY DUTIES AND REQUIREMENTS IN CONDUCT OF ITS ACTIVITIES IN SECURITIES MARKET
20-AUG-2010
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER DATED 20/08/2010 SET ASIDE. NO COSTS
SAT: APPEAL DISMISSED
|
| 8 |
|
|
HSE SECURITIES LTD.
(Depository Participants : CDSL/NSDL,Member : BSE/NSE)
|
|
|
ALLEGED FAILURE IN REDRESSAL OF INVESTOR GRIEVANCE
ALLEGED FAILURE IN TRANSFER OF SECURITIES TO INVESTORS
ALLEGED REJECTION OF DEMAT REQUEST OF INVESTORS
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.25,000, ADMINISTRATION CHARGES RS.5,000 VIDE CONSENT ORDER)
02-MAR-2009
|
|
| 9 |
|
|
ICICI BANK LTD.
(PAN:AAACI1195H)
(Depository Participants : NSDL)
|
|
|
OPENED VARIOUS DEMAT ACCOUNTS SHARING COMMON ADDRESSES
|
DIRECTED NSDL TO CONDUCT INSPECTION
REFERRED MATTER TO RESERVE BANK OF INDIA FOR FURTHER ACTION
27-APR-2006
|
|
| 10 |
|
|
INDUSIND BANK LTD.
(PAN:AAACI1314G)
(Depository Participants : NSDL)
|
|
|
OPENED VARIOUS DEMAT ACCOUNTS SHARING COMMON ADDRESSES
|
DIRECTED NSDL TO CONDUCT INSPECTION
REFERRED MATTER TO RESERVE BANK OF INDIA FOR FURTHER ACTION
27-APR-2006
|
|
| 11 |
|
|
INFRASTRUCTURE LEASING & FINANCIAL SERVICES LTD.
(PAN:AAACI0989F)
(Depository Participants : NSDL)
|
|
|
OPENED BENEFICIARY ACCOUNTS WITH IMPROPER/INCOMPLETE DOCUMENTS
DID NOT MENTION ISIN/MENTIONED INCORRECT ISIN ON DEMAT REQUEST FORM
MENTIONED EXTRA ACCOUNT HOLDERS IN DEMAT REQUEST FORM
DID NOT MAINTAIN STRUCTURED AND SYSTEMATIC BOOKS REGARDING COMPLAINTS OF BENEFICIARY ACCOUNTS
DID NOT MENTION BENEFICIARY ID ON DEMAT REQUEST FORM
|
DIRECTED TO CEASE & DESIST FROM REPETITION OF LAPSES
22-AUG-2006
|
|
| 12 |
|
|
INTEGRATED ENTERPRISES (INDIA) LTD.
(PAN:AAACI1509F)
(Depository Participants : NSDL)
|
|
|
|
P.VAIDYANATHAN
|
|
|
S.BALASUBRAHMANYAN
|
|
DID NOT ASCERTAIN GENUINENESS OF ENTITIES WHILE OPENING THEIR DEMATERIALIZED ACCOUNTS
|
SUSPENDED REGISTRATION AS DEPOSITORY PARTICIPANT FROM 31-AUG-2006 TO 14-SEP-2006
10-AUG-2006
|
|
| 13 |
|
|
INTEGRATED ENTERPRISES (INDIA) LTD.
(PAN:AAACI1509F)
(Depository Participants : NSDL)
|
|
|
IMPOSED CLOSURE CHARGES UNILATERALLY DESPITE SUCH KIND OF CLAUSE NOT EXISTING IN THE AGREEMENT AS ENTERED BY THE INVESTORS AT THE TIME OF OPENING OF THE DEMAT ACCOUNT
ACCEPTED DEPOSITS/ADVANCE UNDER THE CONSOLIDATED SCHEME
|
DIRECTED TO REFUND ACCOUNT CLOSURE CHARGES
DIRECTED TO REFUND AMOUNT COLLECTED UNDER CONSOLIDATION SCHEME
20-DEC-2001
|
|
| 14 |
|
|
INTEGRATED ENTERPRISES (INDIA) LTD.
(PAN:AAACI1509F)
(Depository Participants : NSDL)
|
|
|
OPENED VARIOUS DEMAT ACCOUNTS SHARING COMMON ADDRESSES
|
DIRECTED NSDL TO CONDUCT INSPECTION
27-APR-2006
|
|
| 15 |
|
|
INTEGRATED ENTERPRISES (INDIA) LTD.
(PAN:AAACI1509F)
(Depository Participants : NSDL)
|
|
|
DID NOT MONITOR AND BRING DOWN CUSTODY HOLDING LIMITS
OPENED 561 FRESH ACCOUNTS IN VIOLATION OF THE DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY SEBI
|
SUSPENDED REGISTRATION AS DEPOSITORY PARTICIPANT FROM 02-AUG-2004 TO 01-FEB-2005
02-JUL-2004
|
SAT: IMPUGNED ORDER SET ASIDE
|
| 16 |
|
|
JANATA SAHAKARI BANK LTD.,PUNE
(Depository Participants : NSDL)
|
|
|
OPENED BENEFICIARY ACCOUNTS IMPROPERLY IN VIOLATION OF SEBI DIRECTIVES/INSTRUCTIONS/GUIDELINES
DID NOT MAINTAIN STRUCTURED AND SYSTEMATIC BOOKS REGARDING COMPLAINTS OF BENEFICIARY ACCOUNTS
|
DIRECTED TO CEASE & DESIST FROM REPETITION OF LAPSES
15-OCT-2004
|
SAT: APPEAL DISPOSED OFF
|
| 17 |
|
|
KALUPUR COMMERCIAL CO-OPERATIVE BANK LTD.,THE
(Depository Participants : NSDL)
|
|
|
OPENED VARIOUS DEMAT ACCOUNTS SHARING COMMON ADDRESSES
|
DIRECTED NSDL TO CONDUCT INSPECTION
REFERRED MATTER TO RESERVE BANK OF INDIA FOR FURTHER ACTION
27-APR-2006
|
|
| 18 |
|
|
KARVY STOCK BROKING LTD.
(PAN:AABCK5190K)
(Depository Participants : NSDL)
|
|
|
DID NOT ASCERTAIN GENUINENESS OF ENTITIES WHILE OPENING THEIR DEMATERIALIZED ACCOUNTS
|
DIRECTED NSDL TO UNDERTAKE A COMPREHENSIVE INSPECTION OF THE SYSTEMS AND PROCEDURES OF KARVY STOCK BROKING LTD.
15-DEC-2005
|
SEBI VIDE ITS ORDER DATED 28/01/2014 PROHIBITED KARVY FROM TAKING UP ANY NEW ASSIGNMENT (I.E. NOT TO TAKE UP ANY NEW CLIENTS) FOR A PERIOD OF EIGHTEEN MONTHS.AS KARVY HAS ALREADY UNDERGONE SUCH PROHIBITION FOR 18 MONTHS AND 26 DAYS, NO FURTHER PENALTY IS IMPOSED
SEBI VIDE ITS ORDER DATED 14/03/2014, PROHIBITED KARVY FROM TAKING UP ANY NEW ASSIGNMMENT OR CONTRACT OR LAUNCH A NEW SCHEME (I.E.,NOT TO TAKE NEW CLIENTS/CUSTOMERS) FOR A PERIOD OF SIX MONTHS IN RESPECT OF ITS BUSINESS AS A STOCK BROKER
|
| 19 |
|
|
KOTAK MAHINDRA BANK LTD.
(Depository Participants : NSDL)
|
|
|
OPENED VARIOUS DEMAT ACCOUNTS SHARING COMMON ADDRESSES
|
DIRECTED NSDL TO CONDUCT INSPECTION
REFERRED MATTER TO RESERVE BANK OF INDIA FOR FURTHER ACTION
27-APR-2006
|
|
| 20 |
|
|
KOTAK SECURITIES LTD.
(PAN:AAACK3436F)
(Depository Participants : NSDL)
|
|
|
OPENED VARIOUS DEMAT ACCOUNTS SHARING COMMON ADDRESSES
|
DIRECTED NSDL TO CONDUCT INSPECTION
27-APR-2006
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
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