| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
A.C.CHOKSI SHARE BROKERS PVT.LTD.
(PAN:AABCA3464E)
(Member : BSE/NSE/MCX)
|
|
|
DELAY IN UPDATING ITS ANTI MONEY LAUNDERING (AML)/COMBATING FINANCING OF TERRORISM (CFT) POLICY VIOLATING SEBI CIRCULAR CIR/MIRSD/2/2013 DATED 24/01/2013 AND VIOLATING REGULATION 9(F) READ WITH CLAUSE A(2) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992
DID NOT SETTLE RUNNING ACCOUNT OF ITS CLIENTS VIOLATING OF SEBI CIRCULARS NO.MIRSD/SE/CIR-19/2009 DATED 03/12/2009, MIRSD/SE/CIR-5/2010 DATED 31/03/2010, NSE CIRCULAR NSE/INSP/14048 DATED 03/02/2010, NSE/INSP/21651 DATED 07/09/2012, NSE/INSP/24849 DATED 29/10/2013 AND VIOLATING REGULATION 9(F) READ WITH CLAUSES A(2) AND (5) OF CODE OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992
DID NOT MAINTAIN SEGREGATION BETWEEN OWN FUNDS AND CLIENTS FUNDS & SECURITIES
|
IMPOSED PENALTY RS.11,00,000
02-MAY-2018
|
|
| 2 |
|
|
ACML CAPITAL MARKETS LTD.
(CIN:U67120GJ2000PLC037431
PAN:AADCA4629D)
(Member : NSE/BSE/CSE)
|
|
|
ALLEGED DIRECTOR OF STOCK BROKING FIRM ACTING AS SUB BROKER OF HIS OWN FIRM VIOLATING REGULATION 15A OF SEBI (STOCK BOKERS AND SUB-BROKERS) REGULATIONS, 1992
ALLEGED DEFAULT IN APPOINMENT OF CHIEF EXECUTIVE OFFICER AND RECONSTITUTION OF GOVERNING BOARD AS REQUIRED VIDE SEBI CIRCULAR NO.SMD/POLICY/CIR-04/2003 DATED 11/02/2003
ALLEGED ASSIGN OR DELIGATE ITS FUNCTIONS AS PARTICIPANT WITHOUT APPROVAL OF DEPOSITORY AS REQUIRED UNDER REGULATION 52 OF SEBI (DEPOSITORIES AND PARTICIPANTS) REGULATIONS, 1996
ALLEGED VIOLATION OF CODE OF CONDUCT AS SPECIFIED IN THIRD SCHEDULE UNDER REGULATION 20A OF SEBI (DEPOSITORIES AND PARTICIPANTS) REGULATIONS, 1996
ALLEGED FAILURE IN FULFILLING CRITERIA FOR GRANT OF CERTIFICATE OF REGISTRATION AS REQUIRED UNDER REGULATION 19A OF SEBI (DEPOSITORIES AND PARTICIPANTS) REGULATIONS, 1996
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,00,000, ADMINISTRATION CHARGES RS.25,000 VIDE CONSENT ORDER)
29-JUN-2009
|
|
| 3 |
|
|
ALANKIT ASSIGNMENTS LTD.
(PAN:AAACA9483E)
(Member : BSE/NSE)
|
|
|
ALLEGED FAILURE TO CARRY OUT ACTUAL SETTLEMENT OF FUNDS & SECURITIES OF ACTIVE AND INACTIVE CLIENTS DURING INSPECTION PERIOD VIOLATING SEBI CIRCULARS REF. NO.SEBI/MIRSD/SE/CIR-19/2009 DATED 03/12/2009 AND SEBI/MIRSD/SE/CIR/01/2011 DATED 13/05/2011
ALLEGED FAILURE IN EXERCISING DUE SKILL, CARE & DILIGENCE AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATION 9 READ WITH CLAUSES A(2) AND A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.58,96,000 VIDE CONSENT ORDER)
31-OCT-2018
|
|
| 4 |
|
|
ALKA SECURITIES LTD.
(PAN:AAACA4835E)
(Member : NSE)
|
|
|
VIOLATED SEBI ORDER DATED 28/07/2009
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 29-APR-2010 TILL FURTHER ORDERS
29-APR-2010
|
|
| 5 |
|
|
AMRAPALI AADYA TRADING & INVESTMENT PVT.LTD.
(PAN:AAECA3909P)
(Depository Participants : CDSL,Member : NSE/BSE/MCX)
|
|
|
|
SANJEEV KUMAR SINHA
PAN:ALEPS6005L
|
|
CREATED PLEDGE OF SECUTITIES OF ITS CLIENTS AND DID NOT MAKE DISCLOSURE TO NSE VIOLATING CLAUSES A(1) AND A(5) OF CODE OF CONDUCT PRESCRIBED FOR STOCK BROKERS UNDER SEBI (STOCK BROKERS AND SUB-BROKERS) REGULATIONS, 1992
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT REPORT ITS DP ACCOUNTS TO NSE VIOLATING SEBI CIRCULAR SEBI/HO/MIRSD/MIRSD2/CIR/P/2016/95 DATED 26/09/2016
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 06-AUG-2021 TO 05-AUG-2026
DIRECTED TO REFUND MONEY TO THE INVESTORS
DIRECTED TO CEASE & DESIST FROM UNDERTAKING ANY ACTIVITY IN SECURITIES MARKET, DIRECTLY OR INDIRECTLY, IN ANY MANNER WHATSOEVER FROM 06-AUG-2021 TO 05-AUG-2026
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
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 UTILIZE ASSETS OF THE ENTITIES ONLY FOR THE PURPOSE OF PAYMENT OF MONEY AND/OR DELIVERY OF SECURITIES, AS THE CASE MAY BE, TO CLIENTS/INVESTORS UNDER THE SUPERVISION OF CONCERNED STOCK EXCHANGE(S)
DIRECTED DEPOSITORIES TO ENSURE THAT NO DEBITS AND/OR CREDITS MADE IN DEMAT ACCOUNTS, HELD JOINTLY OR SEVERALLY, OF ENTITIES AND PERSONS
DIRECTED BANKS TO ENSURE THAT NO DEBITS ARE MADE IN BANK ACCOUNTS HELD JOINTLY OR SEVERALLY BY AMRAPALI AADYA TRADING & INVESTMENT PVT.LTD. AND AADYA COMMODITIES PVT.LTD. AND MR.SANJEEVA KUMAR SINHA EXCEPT FOR THE PURPOSE OF PAYMENT OF MONEY TO CLIENTS/INVESTORS UNDER WRITTEN CONFIRMATION OF CONCERNED STOCK EXCHANGES
22-AUG-2017
|
SEBI VIDE ITS ORDER DATED 31/10/2018 CONFIRMED THE DIRECTIONS ISSUED VIDE ITS EX-PARTE AD INTERIM ORDER DATED 22/08/2017 SUBJECT TO MODIFICATION MENTIONED IN INTERIM ORDER
SEBI VIDE ITS ORDER DATED 06/08/2021 DIRECTED TO A) CONTINUE RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER WHATSOEVER, EITHER DIRECTLY OR INDIRECTLY, FOR FURTHER 5 YEARS FROM DATE OF THIS ORDER B) JOINTLY AND SEVERALLY, BE LIABLE TO REPAY/REFUND THE INVESTORS/CLIENT’S MONEY WITH INTEREST OF 15% P.A. FROM THE DATE WHEN REPAYMENT BECAME DUE TILL DATE OF ACTUAL REPAYMENT UNDER SUPERVISION OF NSE, BSE AND MCX C) JOINTLY AND SEVERALLY, BE LIABLE TO RETURN THE SECURITIES DUE TO THE CLIENTS/INVESTORS OF AATIPL HAVING CREDIT BALANCES OR MONEY EQUIVALENT TO THEIR VALUE AS ON THE DATE WHEN SETTLEMENT OF SECURITIES BY AATIPL BECAME DUE TO SUCH CLIENTS UNDER SUPERVISION OF NSE, BSE AND MCX D) NOT TO DISPOSE OF OR ALIENATE ANY OF THEIR ASSETS, WHETHER MOVABLE OR IMMOVABLE (INCLUDING FUNDS IN THEIR BANK ACCOUNTS) OR CREATE ANY INTEREST OR CHARGE IN ANY SUCH ASSETS TILL SUCH TIME THE REFUNDS/REPAYMENTS
|
| 6 |
|
|
ANAND RATHI SHARE & STOCK BROKERS LTD.
(PAN:AAACN3405F)
(Member : NSE/BSE/MCX)
|
|
|
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
DID NOT SETTLE CLIENT’S FUNDS AND/OR SECURITIES
DID NOT MAINTAIN DAILY RECONCILIATION STATEMENT
MAPPED SINGLE EMAIL ID AND MOBILE NUMBER FOR MULTIPLE CLIENTS
ENGAGED IN BUSINESS OTHER THAN SECURITIES
REPORTED WRONG NET WORTH TO EXCHANGE
DID NOT PROVIDE CORRECT DATA TO STOCK EXCHANGE UNDER RISK-BASED SUPERVISION
MADE INCORRECT AND/OR DID NOT REPORT ENHANCED SUPERVISION OF DATA TO STOCK EXCHANGES
DID NOT MAINTAIN EVIDENCE/PRE TRADE AUTHORIZATION/CONFIRMATION IN RESPECT OF ORDERS PLACED BY CLIENTS
DID NOT GENERATE AND/OR SEND RETENTION STATEMENT
DISCREPANCIES IN CLIENT REGISTRATION PROCESS (KYC, KRA AND CKYCR PROCESS)
DISCREPANCIES IN ISSUANCE AND EXECUTION OF DIS
DID NOT USE NSDL PRESCRIBED FORM FOR PROCESSING TRANSMISSION REQUEST
DID NOT SUBMIT CONCURRENT AUDIT REPORT IN CDSL PRESCRIBED FORMAT
DID NOT AFFIX STAMPS ON DIS AND/OR DEMAT
DID NOT UPLOAD CTCL ID OF TERMINALS WITH EXCHANGE
DID NOT REPORT ACTIVE/INACTIVE STATUS OF TERMINALS TO EXCAHNGE
DISCREPANCIES IN STATUS OF CTCL IDS OF NOTICEE AT EXCHANGE RECORD
DID NOT ADHERE TO VARIOUS SEBI CIRCULARS
|
IMPOSED PENALTY RS.30,00,000
14-JUN-2022
|
|
| 7 |
|
|
ANAND RATHI SHARE & STOCK BROKERS LTD.
(PAN:AAACN3405F)
(Member : BSE/NSE/MCX)
|
|
|
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING CLAUSES A(1), A(2) AND A(5) OF CODE OF CONDUCT UNDER SCHEDULE II READ WITH REGULATIONS 9 OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992
DID NOT ADHERE TO VARIOUS SEBI CIRCULARS
|
IMPOSED PENALTY RS.1,00,000
27-NOV-2018
|
|
| 8 |
|
|
ANAND RATHI SHARE & STOCK BROKERS LTD.
(PAN:AAACN3405F)
(Member : NSE/MCX/NCDEX/BSE)
|
|
|
DID NOT FIND TRADING TERMINAL AT LOCATION REPORTED BY NOTICEE TO EXCHANGE
DID NOT CONDUCT PROPER INSPECTION OF AUTHORIZED PERSONS
|
IMPOSED PENALTY RS.7,00,000
23-AUG-2024
|
|
| 9 |
|
|
ANGEL BROKING PVT.LTD.
(PAN:AAACA8821G)
(Member : BSE/NSE)
|
|
|
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(1),A(2),A(5) AND C(6) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992
DID NOT ADHERE TO VARIOUS NSE CIRCULARS
DID NOT ADHERE TO VARIOUS SEBI CIRCULARS
|
IMPOSED PENALTY RS.20,00,000
22-MAR-2016
|
|
| 10 |
|
|
ANGEL ONE LTD.
(PAN:AAACM6094R)
(Member : BSE/NSE)
|
|
|
ALLEGED FAILURE IN MAINTAINING PROPER RECORD OF EXECUTION OF TRADES OF CLIENTS IN THE FORM OF VOICE RECORDING SYSTEM (VRS) TO RECORD PLACEMENT OF ORDERS BY THE CLIENTS THROUGH ITS AUTHORISED PERSONS VIOLATING PROVISIONS OF SEBI/HO/MIRSD/DOP1/CIR/P/2018/54 DATED 22/03/2018 AND MIRSD/ DR-1/CIR-16/09 DATED 06/11/2009 IN THE MATTER OF FRONT RUNNING OF ORDERS OF ITS BIG CLIENTS BY ITS AP MR.JITENDRA KEWALRAMANI
ALLEGED FAILURE IN MAINTAINING PROPER RECORD OF EXECUTION OF TRADES OF CLIENTS IN THE FORM OF VOICE RECORDING SYSTEM (VRS) TO RECORD PLACEMENT OF ORDERS BY THE CLIENTS THROUGH ITS AUTHORISED PERSONS VIOLATING CLAUSES A(2) AND A(5) OF CODE OF CONDUCT AS SPECIFIED UNDER SCHEDULE II OF THE SEBI (STOCK BROKERS) REGULATIONS, 1992 READ WITH REGULATION 9(F) IN THE MATTER OF FRONT RUNNING OF ORDERS OF ITS BIG CLIENTS BY ITS AP MR.JITENDRA KEWALRAMANI
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.21,64,500 VIDE CONSENT ORDER)
27-SEP-2024
|
|
| 11 |
|
|
ANGEL ONE LTD.
(PAN:AAACM6094R)
(Member : NSE/BSE)
|
|
|
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
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.5,74,56,000 VIDE CONSENT ORDER)
25-OCT-2024
|
|
| 12 |
|
|
ANTIQUE STOCK BROKING LTD.
(PAN:AADCA3011B)
(Member : BSE/NSE)
|
|
|
ALLEGED FAILURE IN EXERCISING DUE SKILL AND CARE AS A STOCK BROKER WHICH ENABLED ITS EMPLOYEE TO USE MOBILE PHONE INSIDE THE DEALING ROOM IN CONTRAVENTION OF ITS OWN INTERNAL POLICY
ALLEGED FAILURE TO ENSURE THAT THE TRADES OF ITS CLIENTS EXECUTED ONLY AFTER KEEPING EVIDENCE OF PLACING ORDER
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.29,25,000 VIDE CONSENT ORDER)
15-APR-2025
|
|
| 13 |
|
|
ANUGRAH STOCK & BROKING PVT.LTD.
(PAN:AAACW2920N)
(Member : BSE/NSE)
|
|
|
DID NOT EXERCISE DUE CARE AND DILIGENCE IN CONDUCT OF ITS BUSINESS AS A BROKER
EXECUTED TRANSACTIONS ON BEHALF OF SHAH BANTY DINESH WHO HAS BEEN PROHIBITED FROM TRADING AS PER SEBI ORDER DATED 23/04/2009 IN MATTER OF PYRAMID SAIMIRA THEATRE LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 22-MAY-2009 TILL FURTHER ORDERS
22-MAY-2009
|
DIRECTED TO APPOINT MR.SURESH B.MENON , CHIEF GENERAL MANAGER TO REPORT WITHIN TWO DAYS FROM THE DATE OF THIS ORDER ON COMPLIANCE OF ANUGRAH STOCK & BROKING PVT.LTD.WITH WHAT HAS BEEN ASSERTED BY IT IN ITS SUBMISSIONS AND AFFIDAVIT AND TO REPORT WITHIN TWO MONTHS FROM DATE OF THIS ORDER ON (I) ADEQUACY OF RISK MANAGEMENT SYSTEM IN TRADING AND SURVEILLANCE INFRASTRUCTURE ESTABLISHED BY ANUGRAH (II) POSSIBILITY OF COLLUSION BETWEEN ANUGRAH AND BANTY DINESH SHAH. PLEA MADE BY ANUGRAH TO REVOKE AD INTERIM ORDER DATED 22/05/2009 RESTRAINING IT FROM FURTHER ACTIVITIES SHALL BE CONSIDERED IMMEDIATELY ON RECEIPT OF REPORT ON COMPLIANCE
AS PER REPORT RECEIVED FROM MR.SURESH MENON, CHIEF GENERAL MANAGER,PREVIOUS DIRECTIONS OF PROHIBITING FROM BUYING ,SELLING OR DEALING IN SECURITIES IN ANY MANNER REVOKED VIDE ORDER DATED 04/06/2009
|
| 14 |
|
|
BGSE FINANCIALS LTD.
(Member : BSE/NSE)
|
|
|
ALLOWED/ALLOTTED TRADING TERMINALS TO UNAUTHORISED PERSONS AT PLACE WHICH WERE NOT REGISTERED/BRANCH OFFICE OF STOCK BROKER VIOLATING SEBI CIRCULAR NO. SEBI/MRD/SE/15958/2003 DATED 22/08/2003 READ WITH CLAUSE A(5) OF CODE OF CONDUCT UNDER SCHEDULE II UNDER REGULATION 9 OF (STOCK BROKERS) REGULATIONS, 1992
|
IMPOSED PENALTY RS.4,00,000
11-MAY-2018
|
|
| 15 |
|
|
CONSORTIUM SECURITIES PVT.LTD.
(PAN:AAACC5554G)
(Member : NSE)
|
|
|
DID NOT MAINTAIN RECORD OF TIME CLIENT PLACED ORDER AS PER SEBI CIRCULAR DATED 11/02/1997
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
05-JUL-2010
|
|
| 16 |
|
|
CPR CAPITAL SERVICES LTD.
(PAN:AAACC3235A)
(Member : BSE/NSE/MSEI)
|
|
|
DID NOT ADHERE TO ‘KNOW YOUR CLIENT’ (KYC), CLIENT DUE DILIGENCE (CDD), ANTI-MONEY LAUNDERING (AML)/PREVENTION OF MONEY LAUNDERING ACT, 2002 (PMLA) AND COMBATING FINANCING OF TERRORISM (CFT)
DID NOT SETTLE CLIENT’S FUNDS AND/OR SECURITIES
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
DID NOT FOLLOW NORMS FOR NOMENCLATURE OF ACCOUNTS
MISUSED PLEDGING OF CLIENT’S SECURITIES
DID NOT FURNISH REQUISITE INFORMATION TO SEBI
DID NOT ADHERE TO THE DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY SEBI VIDE IT’S EARLIER ORDER
DID NOT REDRESS INVESTOR COMPLAINTS
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 20-SEP-2023
20-SEP-2023
|
|
| 17 |
|
|
CPR CAPITAL SERVICES LTD.
(PAN:AAACC3235A)
(Member : NSE/BSE/MSEI)
|
|
|
|
ANUJ GARG
PAN:AHEPG5644F
|
|
|
DINESH KUMAR
PAN:ABKPK0853A
|
|
|
PAWAN KUMAR GARG
DIN:0, , , ,
PAN:AAPPG1517R
|
|
|
SHASHI GARG
PAN:AIGPG7786F
|
|
DID NOT CAPTURE INCOME DETAILS OF CLIENTS
DID NOT SETTLE RUNNING ACCOUNTS OF ACTIVE AND/OR INACTIVE CLIENTS
DID NOT MAINTAIN SEGREGATION BETWEEN OWN FUNDS AND CLIENTS FUNDS & SECURITIES
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
DID NOT FOLLOW NORMS FOR NOMENCLATURE OF ACCOUNTS
MISUSED PLEDGING OF CLIENT’S SECURITIES
DID NOT FURNISH REQUISITE INFORMATION TO SEBI
DID NOT ADHERE TO THE DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY SEBI VIDE IT’S EARLIER ORDER
DID NOT REDRESS INVESTOR COMPLAINTS
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ON ANTI MONEY LAUNDERING STANDARDS
|
IMPOSED PENALTY RS.4,00,000
22-MAY-2023
|
SEBI VIDE ITS NOTICE DATED 14/09/2023 DIRECTED TO PAY RS.4,21,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 10/01/2025 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
|
| 18 |
|
|
DIMENSIONAL SECURITIES PVT.LTD.
(PAN:AABCD1804D)
(Member : BSE/NSE)
|
|
|
VIOLATED DIRECTIVES/INSTRUCTIONS/GUIDELINES OF SEBI ORDER DATED 17/01/2007 DEBARRING FROM DEALING IN SCRIP OF NISSAN COPPER LTD.
|
IMPOSED PENALTY RS.1,00,000
05-MAR-2009
|
|
| 19 |
|
|
FINVASIA SECURITIES PVT.LTD.
(PAN:AABCF6759K)
(Member : NSE/BSE/MCX/NCDEX)
|
|
|
DID NOT CONDUCT QUARTERLY REVIEW OF BUSINESS CONTINUITY PLAN (BCP) AND DISASTER RECOVERY (DR) POLICY VIOLATING CLAUSE A(5) OF CODE OF CONDUCT SPECIFIED IN SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992
DID NOT ESTABLISH SEPARATE DISASTER RECOVERY SITE FROM ITS PRIMARY DATA CENTER, LACKED REAL-TIME DATA REPLICATION MECHANISMS AND DID NOT CONDUCT LIVE TRADING OR DISASTER RECOVERY (DR) DRILLS FROM PROPOSED DISASTER RECOVERY SITE
DID NOT PROVIDE ANY RECORDS OF COMMUNICATION WITH SEBI OR NSE TO EXPLAIN ITS INABILITY TO COMPLY OR TO SEEK REGULATORY GUIDANCE/EXEMPTION OF EXTENSION
DID NOT CONDUCT MANDATORY DISASTER RECOVERY (DR) DRILLS OR LIVE TRADING FROM DISASTER RECOVERY SITE
DELAY IN CONNECTING ALL CRITICAL SYSTEMS TO LOCAL AREA MONITORING APPLICATION (LAMA)
|
IMPOSED PENALTY RS.4,00,000
20-FEB-2025
|
SAT: SAT VIDE ITS ORDER DATED 10/06/2025 CONDONED THE DELAY OF 37 DAYS IN FILING OF APPEAL. ALLOWED RESPONDENT SIX WEEKS TO FILE REPLY AND REJOINDER, IF ANY, BE FILED WITHIN THREE WEEKS THEREAFTER
|
| 20 |
|
|
FYERS SECURITIES PVT.LTD.
(PAN:AADCF5513D)
(Member : BSE/NSE)
|
|
|
DID NOT SUBMIT DOCUMENTARY EVIDENCE FOR QUARTERLY MONITORING OF PEAK LOAD IN CALENDAR QUARTERS
DID NOT CONDUCT DISASTER RECOVERY (DR) DRILL FOR FULL TRADING DAY
DID NOT REVIEW IMPLEMENTATION OF BUSINESS CONTINUITY PLANNING (BCP) AND DISASTER RECOVERY SITE (DRS) POLICY OF GOVERNING BOARD OF MEMBERS
DID NOT SUBMIT ANY DOCUMENTARY EVIDENCE FOR CONSTITUTION OF INCIDENT RESPONSE TEAM (LRT) AND CRISIS MANAGEMENT TEAM (CMT)
|
IMPOSED PENALTY RS.4,00,000
13-FEB-2025
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
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