| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
BAKLIWAL FINANCIAL SERVICES (INDIA) PVT.LTD.
(Member : NSE/BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR AND SYNCHRONIZED TRANSACTIONS IN SCRIPS OF NAHAR SPINNING MILLS AND TRICOM INDIA LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, INDULGED IN MANIPULATIVE ACTIVITIES AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING CLAUSES A(1), A(3) TO A(5) OF CODE OF CONDUCT FOR STOCK BROKERS UNDER SCHEDULE II OF REGULATION 7 OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF NAHAR SPINNING MILLS AND TRICOM INDIA LTD.
|
PROHIBITED FROM ACCEPTING FRESH/NEW CLIENTS FROM 29-JUL-2022 TO 28-OCT-2022
29-JUL-2022
|
|
| 2 |
|
|
BAKLIWAL INVESTMENTS
(Member : NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR AND SYNCHRONIZED TRANSACTIONS IN SCRIPS OF NAHAR SPINNING MILLS AND TRICOM INDIA LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, INDULGED IN MANIPULATIVE ACTIVITIES AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING CLAUSES A(1), A(3) TO A(5) OF CODE OF CONDUCT FOR STOCK BROKERS UNDER SCHEDULE II OF REGULATION 7 OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF NAHAR SPINNING MILLS AND TRICOM INDIA LTD.
|
PROHIBITED FROM ACCEPTING FRESH/NEW CLIENTS FROM 29-JUL-2022 TO 28-OCT-2022
29-JUL-2022
|
|
| 3 |
|
|
INTEGRATED MASTER SECURITIES PVT.LTD.
(PAN:AAACI2074F)
(Member : BSE/NSE)
|
|
|
INDULGED IN SYNCHRONIZED TRANSACTIONS AND REVERSAL OF TRADE TRANSACTIONS VIOLATING REGULATION 7 READ WITH CLAUSE A OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF GANGOTRI TEXTILES LTD.
|
PROHIBITED FROM ACCEPTING FRESH/NEW CLIENTS FROM 15-MAY-2017 TO 14-JUL-2017
DIRECTED TO DISCLOSE CONTENTS OF SEBI’S DIRECTIONS ON ITS WEBSITE(S) IMMEDIATELY
15-MAY-2017
|
SAT: SAT VIDE ITS ORDER DATED 06/06/2017 REDUCED THE RESTRAINT PERIOD FROM TWO MONTHS TO ONE MONTH I.E.UPTO AND INCLUDING 14/06/2017.NO COSTS
|
| 4 |
|
|
ISF SECURITIES LTD.
(PAN:AAACI1667E)
(Member : BSE/NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED, CIRCULAR AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF GANGOTRI TEXTILES LTD.
|
PROHIBITED FROM ACCEPTING FRESH/NEW CLIENTS FROM 13-APR-2017 TO 12-OCT-2017
DIRECTED TO DISCLOSE CONTENTS OF SEBI’S DIRECTIONS ON ITS WEBSITE(S) IMMEDIATELY
13-APR-2017
|
|
| 5 |
|
|
JHP SECURITIES PVT.LTD.
(PAN:AAACJ2847H)
(Member : BSE/NSE)
|
|
|
DEALT WITH UN-REGISTERED SUB-BROKERS
DID NOT CO-OPERATE WITH SEBI IN INSPECTION
DELAY IN SUBMISSION OF DATA DESPITE SEVERAL REMINDERS
ALLOWED TERMINAL TO UNAUTHORISED USERS
DID NOT HAVE ADEQUATE SYSTEMS IN PLACE FOR RISK MANAGEMENT, PREVENTION OF THIRD PARTY RECEIPTS AND TO CHECK MULTIPLE TRADE TRANSFERS
DID NOT HAVE ADEQUATE SYSTEM IN PLACE TO CHECK RECEIPT OF THIRD PARTY CHEQUES
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
ALLOWED CLIENTS TO TRADE IN SPITE OF DEBIT BALANCE
DID NOT TAKE ANY CORRECTIVE STEPS REGARDING OBSERVATIONS OF THE INTERNAL AUDIT REPORT
DID NOT ADHERE TO "KNOW YOUR CLIENT" DIRECTIVES/INSTRUCTIONS/GUIDELINES
|
PROHIBITED FROM ACCEPTING FRESH/NEW CLIENTS FROM 12-AUG-2021 TO 11-NOV-2021
12-AUG-2021
|
|
| 6 |
|
|
MEFCOM SECURITIES LTD.
(PAN:AAACM1079Q)
(Member : BSE/NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR, SELF, SYNCHRONIZED AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF GANGOTRI TEXTILES LTD.
|
PROHIBITED FROM ACCEPTING FRESH/NEW CLIENTS FROM 05-MAY-2017 TO 04-SEP-2017
DIRECTED TO DISCLOSE CONTENTS OF SEBI’S DIRECTIONS ON ITS WEBSITE(S) IMMEDIATELY
05-MAY-2017
|
|
| 7 |
|
|
PIONEER TCP STOCK BROKERS LTD.
(PAN:AABCT2172Q)
(Member : BSE)
|
|
|
INDULGED IN SYNCHRONIZED AND CIRCULAR TRANSACTIONS VIOLATING REGULATION 7 READ WITH CLAUSE A OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF GANGOTRI TEXTILES LTD.
|
PROHIBITED FROM ACCEPTING FRESH/NEW CLIENTS FROM 23-MAY-2017 TO 22-JUN-2017
DIRECTED TO DISCLOSE CONTENTS OF SEBI’S DIRECTIONS ON ITS WEBSITE(S) IMMEDIATELY
23-MAY-2017
|
|
| 8 |
|
|
SIC STOCKS & SERVICES PVT.LTD.
(PAN:AAHCS8176P)
(Member : BSE/NSE)
|
|
|
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE, INDULGED IN MANIPULATIVE ACTIVITIES AND DID NOT ADHERE TO STATUTORY REQUIREMENTS AND DELAY IN ISSUANCE OF CONTRACT NOTES VIOLATING REGULATION 7 READ WITH CLAUSES A AND B (2) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF GANGOTRI TEXTILES LTD.
|
PROHIBITED FROM ACCEPTING FRESH/NEW CLIENTS FROM 06-NOV-2019 TO 05-MAY-2020
28-APR-2017
|
SAT: SAT VIDE ITS ORDER DATED 07/11/2019 PARTLY ALLOWED THE APPEAL AND SET ASIDED SUSPENSION OF THE LICENSE FOR THREE MONTHS. FURTHER, DIRECTED APPELLANT TO NOT TO ACCEPT ANY FRESH CLIENTS FOR SIX MONTHS FROM DATE OF THIS ORDER. NO COSTS
|
| 9 |
|
|
TRANSGLOBAL SECURITIES LTD.
(Member : BSE/NSE)
|
|
|
INDULGED IN ACTIVITY OF PORTFOLIO MANAGER WITHOUT SEBI REGISTRATION
INDULGED IN CLIENT CODE MODIFICATIONS AND TRANSFERRED PROFITS FROM VARIOUS ACCOUNTS TO ACCOUNT OF MS.CHITRA
ALLOTTED MULTIPLE CLIENT CODES TO ONE CLIENT
|
PROHIBITED FROM ACCEPTING FRESH/NEW CLIENTS FROM 23-SEP-2021 TO 22-DEC-2021
23-SEP-2021
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
