| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
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ANGEL ONE LTD.
(PAN:AAACM6094R)
(Member : NSE/BSE)
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ALLEGED VIOLATION OF RULES 8(1)(F) AND 8(3)(F) OF SECURITIES CONTRACT (REGULATION) RULES, 1957
ALLEGED VIOLATION OF VARIOUS SEBI CIRCULARS/ORDERS
ALLEGED VIOLATION OF SEBI CIRCULAR ON CYBER SECURITY AND CYBER RESILIENCE DATED 03/12/2018
ALLEGED VIOLATION OF CLAUSE 7(A) OF ANNEXURE 1 TO SEBI CIRCULAR NO.MIRSD/DR-1/CIR-16/09 DATED 06/11/2009
ALLEGED VIOLATION OF SECTION 23D OF SC(R) ACT, 1956 READ WITH CLAUSE 1 OF SEBI CIRCULAR SMD/SED/CIR/93/23321 DATED 18/11/1993 AND CLAUSE 3 OF ANNEXURE OF SEBI CIRCULAR SEBI/HO/MIRSD/MIRSD2/CIR/P/2016/95 DATED 26/09/2016
ALLEGED VIOLATION OF CLAUSE 3.2 OF ANNEXURE OF SEBI CIRCULAR SEBI/HO/MIRSD/MIRSD2/CIR/P/2016/95 DATED 26/09/2016
ALLEGED VIOLATION OF VARIOUS NSE CIRCULARS
ALLEGED VIOLATION OF CLAUSE A(5) OF SCHEDULE II FOR CODE OF CONDUCT READ WITH REGULATION 9 OF SEBI (STOCK BROKERS) REGULATIONS, 1992
ALLEGED VIOLATION OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
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REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.5,74,56,000 VIDE CONSENT ORDER)
25-OCT-2024
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| 2 |
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BLUE CHIP CORP.PVT.LTD.
(CIN:U67100PN2011PTC139197
PAN:AAECB5060A)
(Member : NSE)
|
|
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BHAVANA SATISH CHADHA
PAN:AFNPC9292G
|
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NITIN RAJARAM NARKE
PAN:AECPN7019L
|
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PRAVIN B.DARAWADE
PAN:ATUPD8449F
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INDULGED IN FUND BASED ACTIVITIES INVOLVING PERSONAL FINANCIAL LIABILITY VIOLATING RULE 8(3) (F) OF SECURITIES CONTRACTS (REGULATIONS) RULES, 1957
DID NOT INTIMATE SEBI ABOUT ITS NEW COMMUNICATIONS DETAILS AND THE PLACE WHERE BOOKS OF ACCOUNTS, RECORDS AND DOCUMENTS WERE MAINTAINED
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DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED NOT TO DEBIT BANK ACCOUNTS/DEMAT ACCOUNTS, HELD JOINTLY AND SEVERALLY EXCEPT FOR REFUND AND AFTER CONFIRMATION FROM CONCERNED STOCK EXCHANGE
DIRECTED STOCK EXCHANGES, BANKS AND DEPOSITORIES TO ENSURE COMPLIANCE OF THE DIRECTIONS
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS OWNED BY COMPANY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 04-SEP-2017 TO 03-SEP-2027
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 04-SEP-2017 TO 03-SEP-2027
DIRECTED TO CEASE & DESIST FROM UNDERTAKING ANY ACTIVITY IN SECURITIES MARKET, DIRECTLY OR INDIRECTLY, IN ANY MANNER WHATSOEVER FROM 04-SEP-2017 TO 03-SEP-2027
PROHIBITED FROM TRANSFERRING FUNDS / DEPOSITS MOBILISED FROM THE CLIENTS OR OTHER INVESTORS OR FROM DISPOSING OF OR ALIENATING ANY ASSET THAT HAS BEEN CREATED FROM THE FUNDS/DEPOSITS RECEIVED FROM THEIR CLIENTS OR OTHER INVESTORS
DIRECTED TO IMPOUND FINANCIAL ASSETS
DIRECTED TO PROVIDE COMPLETE DETAILS OF AMOUNTS COLLECTED FROM INVESTORS AND AMOUNT DUE TO EACH OF THEM
PROHIBITED FROM MOBILIZING OR POOLING FUNDS FROM PUBLIC OR FROM OFFERING ANY UNREGISTERED SERVICE, IN WHATEVER FORM FROM 04-SEP-2017 TO 03-SEP-2027
PROHIBITED FROM MOBILIZING OR POOLING FUNDS FROM ITS CLIENTS, OTHER GENERAL INVESTORS OR PUBLIC OR ANY OTHER UNREGISTERED ACTIVITY, IN WHATEVER FORM
DIRECTED TO REFUND ALL THE MONIES TO INVESTORS ALONG WITH INCOME, PROFITS OR RETURNS PROMISED UNDER THE SCHEMES
DIRECTED TO SUBMIT REPAYMENT REPORT TO SEBI CERTIFIED BY TWO INDEPENDENT CHARTERED ACCOUNTANTS WHO ARE IN PANEL OF ANY PUBLIC AUTHORITY OR PUBLIC INSTITUTION
09-NOV-2015
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SEBI VIDE ITS ORDER DATED 04/09/2017 1) PROHIBITED FROM MOBILIZING OR POOLING ANY FRESH FUNDS FROM THEIR CLIENTS, OTHER GENERAL INVESTORS OR MEMBERS OF PUBLIC IN WHATEVER FORM FOR A PERIOD OF TEN (10) YEARS FROM THE DATE OF THIS ORDER 2) REFUND THE MONIES SO COLLECTED FROM ITS CLIENTS AND OTHER INVESTORS THROUGH VARIOUS SCHEMES ALONG WITH INCOME, PROFITS OR RETURNS PROMISED TO THEM UNDER SUCH SCHEMES OR INTEREST AT THE @ OF 10% P.A., WHICHEVER IS HIGHER, FROM THE DATE OF INVESTMENT TILL THE DATE OF REFUND WITHIN A PERIOD OF NINETY (90) DAYS 3) SUBMIT A REPAYMENT REPORT TO SEBI AS CERTIFIED BY TWO INDEPENDENT CHARTERED ACCOUNTANTS WHO ARE IN THE PANEL OF ANY PUBLIC AUTHORITY OR PUBLIC INSTITUTION 4) PROVIDE A FULL INVENTORY OF ALL ASSETS AND PROPERTIES AND DETAILS OF ALL ITS BANK ACCOUNTS, DEMAT ACCOUNTS AND HOLDINGS OF SHARES/SECURITIES 5) NOT TO ACCESS SECURITIES MARKET DIRECTLY OR INDIRECTLY, AND ARE FURTHER RESTRAINED AND PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES MARKET, DIRECTLY OR INDIRECTLY FOR A PERIOD OF TEN (10) YEARS FROM THE DATE OF THIS ORDER
SEBI VIDE ITS NOTICE DATED 24/05/2019 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED
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| 3 |
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GROVALUE COMMODITY PVT.LTD.
(PAN:AAFCG2360M)
(Member : MCX)
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TRADED IN STOCKS WHICH WERE NOT PART OF UNDERLYING OF COMMODITY DERIVATIVE CONTRACTS (VIZ. CELERY SEEDS, CHICKPEAS (BENGAL GRAM), MASOOR, RAJMA, TOOR WHOLE AND UDAD WHOLE ETC.)
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CANCELLED REGISTRATION AS STOCK BROKER FROM 25-NOV-2022
25-NOV-2022
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| 4 |
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GROVALUE SECURITIES PVT.LTD.
(PAN:AAFCG6444C)
(Member : NCDEX)
|
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TRADED IN STOCKS WHICH WERE NOT PART OF UNDERLYING OF COMMODITY DERIVATIVE CONTRACTS (VIZ. CELERY SEEDS, CHICKPEAS (BENGAL GRAM), MASOOR, RAJMA, TOOR WHOLE AND UDAD WHOLE ETC.)
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 25-NOV-2022
25-NOV-2022
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| 5 |
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IIFL SECURITIES LTD.
(PAN:AAACI7397D)
(Member : BSE/NSE)
|
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DID NOT SETTLE CLIENT’S FUNDS AND/OR SECURITIES
DISCREPANCIES IN STOCK RECONCILIATION
DID NOT CLOSE CLIENT BENEFICIARY ACCOUNT AND/OR COLLATERAL ACCOUNT
TRANSFERRED SECURITIES OF CREDIT BALANCE CLIENTS TO CLIENT’S UNPAID SECURITIES ACCOUNT
INCORRECT REPORTING OF MARGIN TO STOCK EXCHANGES
PASSED PENALTY ON SHORT REPORTING OF MARGIN
MADE INCORRECT REPORTING OF CLIENTS LEDGER BALANCE
DISCREPANCIES IN MARGIN TRADING FUNDING
MADE INCORRECT REPORTING OF BANK ACCOUNT BALANCES
MADE INCORRECT REPORTING OF CASH AND CASH EQUIVALENT BALANCE
ENGAGED IN FINANCING ACTIVITIES (BUSINESS OF BORROWING/LENDING OTHER THAN BUSINESS OF SECURITIES MARKET) VIOLATING RULE 8(3) (F) OF SECURITIES CONTRACTS (REGULATIONS) RULES, 1957
|
IMPOSED PENALTY RS.11,00,000
21-AUG-2024
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| 6 |
|
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INTEGRATED ENTERPRISES (INDIA) LTD.
(PAN:AAACI1509F)
(Member : BSE/NSE/MCX)
|
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TRANSFERRED FUNDS FROM GENERAL & ADMINISTRATIVE ACCOUNT TO GENERAL ACCOUNT VIOLATING RULE 8(3)(F) OF SECURITIES CONTRACTS (REGULATION) RULES, 1957 AND SEBI CIRCULAR SMD/POLICY/CIR-6/97 DATED 07/05/1997
|
IMPOSED PENALTY RS.5,00,000
18-DEC-2017
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| 7 |
|
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KASSA FINVEST PVT.LTD.
(CIN:U74899DL1994PTC060668
PAN:AAACK1206B)
(Member : NSE/BSE/MSEI/OTC)
|
|
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ANJANA KUMAR
PAN:AHOPK6281C
|
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ASHOK KUMAR
DIN:00405986
PAN:AAFPK7362N
|
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NEEKITA SHANKAR
PAN:AADPB9990K
|
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SIDDHARTH SHANKAR
PAN:AAMPS8754R
|
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UMASHANKAR SHARAN SHRIVASTAV
PAN:AGKPS7923C
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DID NOT MAINTAIN SEGREGATION BETWEEN OWN FUNDS AND CLIENTS FUNDS & SECURITIES
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
COMMITTED IRREGULARITIES IN DEALING IN CASH WITH CLIENTS
DID NOT SETTLE RUNNING ACCOUNTS OF ACTIVE AND/OR INACTIVE CLIENTS
DID NOT RETURN CLIENTS SECURITIES
INDULGED IN BUSINESS ACTIVITIES OTHER THAN BROKING I.E.PROVIDING ASSURED RETURNS TO CLIENTS/INVESTORS VIOLATING RULES 8(1)(F) OF SECURITIES CONTRACTS (REGULATIONS) RULES, 1957
ENGAGED IN EXECUTING TRADES ON BEHALF OF ITS CLIENTS VIOLATING SECTIONS 12A(B) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO 3(D) AND 4(1) & 4(2)(M) OF PFUTP REGULATIONS, 2003 IN MATTER OF KASSA FINVEST PVT.LTD.
|
IMPOSED PENALTY RS.4,50,00,000 ALONG WITH OTHER ENTITIES/PERSONS
24-FEB-2021
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SEBI VIDE ITS NOTICE DATED 21/06/2022 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S. HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED
SEBI VIDE ITS ORDER DATED 04/08/2022 DIRECTED ALL THE BANKS TO REMIT ENTIRE AMOUNT TO THE EXTENT LYING IN THE BANK AND TERM DEPOSIT ACCOUNTS OF KASSA FINVEST PVT.LTD., MR.ASHOK KUMAR, MR.UMASHANKAR SHARAN SRIVASTAVA, MS.ANJANA KUMAR, MR.SIDDHARTH SHANKAR AND MS.NIKITA SHANKAR TO SEBI BY WAY OF EFT/NEFT/RTGS
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| 8 |
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MOONGIPA INVESTMENTS LTD.
(CIN:U74899DL1994PLC059535
PAN:AAACM5584A)
(Member : NSE/BSE)
|
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MADHUR AGARWAL
PAN:AAFPA1251Q
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SHIV KUMAR AGARWAL
PAN:AAFPA1252P
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SUDHIR AGARWAL
PAN:AAFPA1250R
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DID NOT ADHERE TO VARIOUS SEBI CIRCULARS
INDULGED IN FUND BASED ACTIVITIES INVOLVING PERSONAL FINANCIAL LIABILITY VIOLATING RULE 8(3) (F) OF SECURITIES CONTRACTS (REGULATIONS) RULES, 1957
DID NOT MAINTAIN SEGREGATION BETWEEN OWN FUNDS AND CLIENTS FUNDS & SECURITIES
DID NOT REFUND TO CLIENTS FUNDS AND SECURITIES
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DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS OWNED BY COMPANY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 10-SEP-2015 TO 09-SEP-2020
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 10-SEP-2015 TO 09-SEP-2020
DIRECTED TO CEASE & DESIST FROM UNDERTAKING ANY ACTIVITY IN SECURITIES MARKET, DIRECTLY OR INDIRECTLY, IN ANY MANNER WHATSOEVER FROM 10-SEP-2015 TO 09-SEP-2020
DIRECTED TO IMPOUND FINANCIAL ASSETS
DIRECTED TO UTILIZE ASSETS ONLY FOR THE PURPOSE OF REFUND OF MONEY AND/OR DELIVERY OF SECURITIES
DIRECTED NOT TO DEBIT BANK ACCOUNTS/DEMAT ACCOUNTS, HELD JOINTLY AND SEVERALLY EXCEPT FOR REFUND AND AFTER CONFIRMATION FROM CONCERNED STOCK EXCHANGE
DIRECTED STOCK EXCHANGES, BANKS AND DEPOSITORIES TO ENSURE COMPLIANCE OF THE DIRECTIONS
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
10-SEP-2015
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SEBI VIDE ITS ORDER DATED 08/02/2019 DIRECTED TO 1) JOINTLY AND SEVERALLY TO SETTLE CLAIMS DUE, PAYABLE AND DELIVERABLE TO CLAIMANTS THAT ARE NOT SETTLED/PAID (IN PART/FULL) FROM IPF OF STOCK EXCHANGES, IN RESPECT OF CLAIMS THAT ARE RECEIVED BY STOCK EXCHANGES UPTO 17/02/2019 (2) LIQUIDATE THE ASSETS OF NOTICEES NO.1,2,3,AND 5 TO THE EXTENT REQUIRED FOR COMPLIANCE OF THIS DIRECTION, INCLUDING THE FINANCIAL ASSETS WHICH ARE ALREADY IMPOUNDED BY SEBI AND THE SAME BE UTILIZED FOR THE PURPOSE OF SETTLING AFORESAID CLAIMS OF CLAIMANTS OF MIL AFTER CONSIDERING CLAIMS ALREADY SETTLED BY STOCK EXCHANGES AND DEPOSITORIES 3) TO CONTINUE DIRECTIONS CONTAINED IN INTERIM ORDER DATED 10/09/2015 WITH RESPECT TO RESTRICTION ON ALIENATION/DISPOSAL OF ASSETS OF NOTICEES 4) RESTRAINED FROM ACCESSING SECURITIES MARKET AND ARE FURTHER PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES (INCLUDING UNITS OF MUTUAL FUNDS), DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER, WHATSOEVER, FOR FIVE (5) YEARS, FROM DATE OF THIS ORDER. DURING THE PERIOD OF RESTRAINT, NOTICEES’ EXISTING HOLDING, INCLUDING UNITS OF MUTUAL FUNDS, OF THE SAID NOTICEES SHALL REMAIN FROZEN
SEBI VIDE ITS NOTICE DATED 13/02/2025 DIRECTED TO PAY RS.12,31,59,849.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
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| 9 |
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PEE DEE KAPUR STOCK & SECURITIES LTD.
(PAN:AELPK4977J)
(Member : NSE)
|
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INDULGED IN FUND BASED ACTIVITIES VIOLATING RULES 8(1)(F) AND 8(3)(F) OF SECURITIES CONTRACTS (REGULATIONS) RULES, 1957
SETTLED MARGIN REQUIREMENT OF ONE GROUP COMPANY/ENTITY ACCOUNT OF OTHER GROUP COMPANIES/ENENTITES
INDULGED IN UNAUTHORISED MARGIN FUNDING OF ITS CLIENTS
MADE/RECEIVED THIRD PARTY DELIVERIES FROM DEMAT ACCOUNT OF PERPETUAL AND DIN NOT FOLLOW PRESCRIBED PROCEDURE FOR MAKING/RECEIVING DELIVERY
INCOMPLETE/MISLEADING INFORMATION IN CLIENT REGISTRATION FORMS
DEALT WITH UN-REGISTERED SUB-BROKERS
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IMPOSED PENALTY RS.3,00,000
25-MAR-2019
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| 10 |
|
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SEEMA SECURITIES PVT.LTD.
(PAN:AACCS7683Q)
(Depository Participants : CDSL,Member : BSE)
|
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DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
ILLEGAL AND UNAUTHORIZED GRANT OF TRADING TERMINAL TO CLIENT
ALLOWED TERMINAL TO UNAUTHORISED USERS
DIRECTORS ACTED AS SUB-BROKER VIOLATING REGULATION 15A OF SEBI (STOCK BROKERS AND SUB-BROKERS) REGULATIONS, 1992
DID NOT HAVE EXCLUSIVE E-MAIL ID FOR REDRESSAL OF INVESTOR GRIEVANCES
PAID INTEREST TO CLIENTS ON CREDIT BALANCES VIOLATING RULES 8(1)(F) AND 8(3)(F) OF SECURITIES CONTRACTS (REGULATIONS) RULES, 1957
DID NOT BLOCK LOST DEPOSIT INSTRUCTION SLIP (DIS) BOOKLET IN SYSTEM VIOLATNG CLAUSE 4 OF CODE OF CONDUCT FOR UNDER REGULATION 20A OF SEBI (DEPOSITORIES AND PARTICIPANTS) REGULATIONS, 1996
EXECUTED DELIVERY INSTRUCTIONS WITHOUT SIGNATURE OF BENEFICIAL OWNER ON REQUISITION SLIP VIOLATNG CLAUSE 4 OF CODE OF CONDUCT FOR UNDER REGULATION 20A OF SEBI (DEPOSITORIES AND PARTICIPANTS) REGULATIONS, 1996
DID NOT REFUND CREDIT BALANCE TO CLIENTS AT THE TIME OF CLOSURE OF ACCOUNT VIOLATING CLAUSE 4 OF CODE OF CONDUCT FOR UNDER REGULATION 20A OF SEBI (DEPOSITORIES AND PARTICIPANTS) REGULATIONS, 1996
|
IMPOSED PENALTY RS.5,00,000
01-MAY-2015
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
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| 11 |
|
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SUGAL & DAMANI SHARE BROKERS LTD.
(Member : NSE/MCX/BSE)
|
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TRANSFERRED FUNDS BETWEEN OWN ACCOUNTS AND SETTLEMENT ACCOUNT
ENGAGED IN FINANCING ACTIVITIES (BUSINESS OF BORROWING/LENDING OTHER THAN BUSINESS OF SECURITIES MARKET) VIOLATING RULE 8(3) (F) OF SECURITIES CONTRACTS (REGULATIONS) RULES, 1957
|
IMPOSED PENALTY RS.4,00,000
09-MAY-2017
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
