| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
AVDHUT SECURITIES LTD.
(Sub-Broker of HSE SECURITIES LTD., Member : NSE)
|
|
|
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
DEALT WITH ENTITIES WHICH WERE REFRAINED FROM TRADING
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
24-JAN-2006
|
|
| 2 |
|
|
BALKRISHNA MAHESHWARI SHARE BROKERS PVT.LTD.
(Sub-Broker of MPSE SECURITIES LTD., Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED, STRUCTURED, CIRCULAR TRANSACTIONS AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF DOCTOR'S BIOTECH LTD.
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
22-FEB-2012
|
|
| 3 |
|
|
BULLS INC.
(Sub-Broker of JOINDRE CAPITAL SERVICES LTD., Member : NSE, DANI SHARES & STOCKS PVT.LTD., Member : BSE)
|
|
|
|
PRAKASH
|
|
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE VIOLATING REGULATION 7 READ WITH CLAUSES A (2) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF ATN INTERNATIONAL LTD.
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
26-OCT-2010
|
|
| 4 |
|
|
GAUTAMBHAI NANUBHAI JHAVERI
(PAN:ADAPJ5993J)
(Sub-Broker of ASE CAPITAL MARKETS LTD., Member : BSE)
|
|
|
|
RAJESH NANUBHAI JHAVERI
PAN:ADAPJ5993J
|
|
DEFAULTED IN MAINTENANCE OF BANK BOOK
DEFAULTED/IRREGULARITIES IN MAINTENANCE OF ORDER BOOK
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
16-JAN-2006
|
|
| 5 |
|
|
GDH SECURITIES PVT.LTD.
(Sub-Broker of HSE SECURITIES LTD., Member : NSE)
|
|
|
EXECUTED MATCHING TRANSACTIONS AT RATES DIFFERENT FROM MARKET RATES DIRECTLY FROM ITS TRADING ACCOUNT AND NOT ROUTED THROUGH BROKER/STOCK EXCHANGE
CHARGED GALA FROM CLIENTS
DEALT WITH BROKERS/SUB-BROKERS ON PRINCIPAL AND AGENT BASIS TO AID AND ASSIST THEM IN EVASION OF MARKET, COLLECTION OF MARGINS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
24-JAN-2006
|
|
| 6 |
|
|
JAGDAMBAY SHARE BROKERS
(Sub-Broker of LSE SECURITIES LTD., Member : NSE)
|
|
|
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
INDULGED IN EVASION OF MARGIN MONEY
INDULGED IN OFF-THE-FLOOR TRANSACTIONS
DEALT IN CASH WITH CLIENTS
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
25-JUN-2009
|
|
| 7 |
|
|
JASHVANTLAL VADILAL SHAH,M/S
(Member : ASE)
|
|
|
|
JASHVANTLAL VADILAL SHAH
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING WITH CLIENTS IN SCRIP OF OASIS MEDIA MATRIX LTD.
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
07-APR-2010
|
|
| 8 |
|
|
JYOTISH BHOGILAL STOCK BROKERS PVT.LTD.
(PAN:AAACJ5486G)
(Member : ASE,Sub-Broker of PRABHUDAS LILLADHER PVT.LTD., Member : BSE)
|
|
|
|
JYOTISH BHOGILAL SHAH
|
|
|
KRUTIK JYOTISHBHAI SHAH
|
|
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND NOT COMPLYING WITH STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(2) AND A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF SAWACA COMMUNICATION LTD.
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
19-OCT-2011
|
|
| 9 |
|
|
KANSAL BROTHERS
(Sub-Broker of IKM INVESTOR SERVICES LTD., Member : BSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE VIOLATING REGULATION 15 READ WITH CLAUSE A(2) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF ORIENT TRADE LINK LTD.
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
12-MAR-2012
|
|
| 10 |
|
|
KIRTIKUMAR KANTILAL SHAH,M/S
(Sub-Broker of M.P.VORA SHARES & SECURITIES LTD., Member : BSE)
|
|
|
|
KIRTIKUMAR KANTILAL SHAH
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR TRADING, SQUARING OFF TRANSACTIONS IN SCRIP OF MANGALYA EXPORTS LTD.
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
31-JAN-2006
|
|
| 11 |
|
|
LAGAN FIN-CAP-LEASE LTD.
(Sub-Broker of BONANZA STOCK BROKERS LTD., Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL VOLUME IN SCRIP OF SHREE YAAX PHARMA & COSMETICS LTD.
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
20-AUG-2008
|
|
| 12 |
|
|
M.S.CONSULTANCY SERVICES
(Sub-Broker of ACME SHARES & STOCK PVT.LTD., Member : BSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE EXECUTING TRADES IN SCRIP OF SAWACA COMMUNICATIONS LTD.
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
31-JAN-2006
|
|
| 13 |
|
|
MUKESH K.MEHTA,M/S
(Sub-Broker of ASE CAPITAL MARKETS LTD., Member : BSE)
|
|
|
|
MUKESH K.MEHTA
|
|
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DEALT WITH BROKERS OF OTHER EXCHANGES WITHOUT SEBI REGISTRATION AS SUB-BROKER
DEALT WITH UNREGISTERED ENTITIES
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
13-JAN-2006
|
|
| 14 |
|
|
MUKESH P.DOSHI,M/S
(Sub-Broker of SKSE SECURITIES LTD., Member : BSE)
|
|
|
|
MUKESH P.DOSHI
|
|
DID NOT MAINTAIN CLIENT AGREEMENTS
DEALT WITH UN-REGISTERED SUB-BROKERS
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
28-DEC-2005
|
|
| 15 |
|
|
ORBIT SECURITIES PVT.LTD.
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR TRANSACTIONS IN SCRIP OF MONALISA INFOTECH LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS WHILE DEALING IN SCRIP OF MONALISA INFOTECH LTD.
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
10-MAR-2010
|
|
| 16 |
|
|
PORTFOLIO EQUITY SERVICES
(Sub-Broker of TJ STOCK BROKING SERVICES PVT.LTD., Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL VOLUME IN SCRIP OF SUN INFOWAYS LTD.
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
27-JAN-2009
|
|
| 17 |
|
|
SHARE AIDS
(PAN:AELPP3342M)
(Sub-Broker of SKSE SECURITIES LTD., Member : SKSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL VOLUME IN SCRIP OF SHREE YAAX PHARMA & COSMETICS LTD.
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
20-AUG-2008
|
|
| 18 |
|
|
SHITAL SECURITIES PVT.LTD.
(CIN:U67120GJ1995PTC025443)
(Sub-Broker of SKSE SECURITIES LTD., Member : BSE)
|
|
|
DEALT WITH UNREGISTERED ENTITIES
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
13-JAN-2006
|
|
| 19 |
|
|
SUBECHA SECURITIES PVT.LTD.
(Sub-Broker of SVS SECURITIES PVT.LTD., Member : BSE)
|
|
|
ACTED AS SUB-BROKER TO BETALA STOCK BROKING PVT.LTD.WITHOUT SEBI REGISTRATION
DID NOT EXERCISE DUE SKILL AND DILIGENCE WHILE DEALING WITH HIS CLIENTS IN SCRIP OF SOUNDCRAFT INDUSTRIES LTD.
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
23-JAN-2006
|
|
| 20 |
|
|
V.P.SECURITIES & INVESTMENT PVT.LTD.
(Sub-Broker of SKSE SECURITIES LTD., Member : BSE)
|
|
|
DID NOT INFORM EXCHANGE ABOUT ITS BRANCHES WHERE TERMINALS WERE ALLOTTED
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
13-JAN-2006
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
