| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
ADITI INVESTMENT
|
|
|
|
DINESH BOHRA
|
|
|
RAJKUMAR BOHRA
|
|
VIOLATED RULE 3 OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
|
PROSECUTION LAUNCHED
15-MAY-2006
|
THE OFFENCE WAS COMPOUNDED ON PAYMENT OF RS.2,00,000 BY THE ACCUSED TO SEBI
|
| 2 |
|
|
ALOK INVESTMENT
|
|
|
|
DINESH BOHRA
|
|
|
RAJKUMAR BOHRA
|
|
VIOLATED RULE 3 OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
|
PROSECUTION LAUNCHED
15-MAY-2006
|
THE OFFENCE WAS COMPOUNDED ON PAYMENT OF RS.2,00,000 BY THE ACCUSED TO SEBI
|
| 3 |
|
|
ANIL A.GANDHI,M/S
(Member : SKSE,Sub-Broker of SKSE SECURITIES LTD., Member : BSE)
|
|
|
|
ANIL A.GANDHI
|
|
DID NOT COLLECT MARGIN MONEY AND ALLOWED TRANSACTIONS IN ILLIQUID SCRIP OF MONALISA INFOTECH LTD. VIOLATING REGULATION 26(XVI) OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
|
IMPOSED PENALTY RS.10,000
31-JAN-2011
|
INCLUDED IN SEBI LIST DATED 30/09/2011, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 4 |
|
|
ARIHANT INVESTMENT
(Sub-Broker of ANAND RATHI SHARE & STOCK BROKERS LTD., Member : NSE)
|
|
|
|
BHADRESH SANGHVI
PAN:AXDPS8704K
|
|
DID NOT ADHERE TO SUMMONS ISSUED FOR FURNISHING OF INFORMATION
ENGAGED IN ILLEGAL TRADING VIOLATING SECTION 19 (1) OF SECURITIES CONTRACTS (REGULATION) ACT, 1956
ISSUED CONTRACT NOTES IN DIFFERENT FORMAT FROM THAT PRESCRIBED BY EXCHANGE VIOLATING REGULATION 7 READ WITH CLAUSES B(2) READ WITH REGULATION 15 OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 AND SEBI CIRCULARS NO.MIRSD/DPS-1/CIR-31/2004 DATED 26/08/2004 AND SMD(B)/104/22775/93 DATED 29/10/1993
DISPLAYED MISLEADING BOARD AND NOT DISPLAYED REGISTRATION CERTIFICATE VIOLATING NSE CIRCULAR NO.NSE/MEM/1591 DATED 20/04/2000
OPERATED IML TERMINAL WITHOUT REQUIRED CERTIFICATION VIOLATING BSE NOTICE NO.20070522-25 DATED 22/05/2007 AND 20071024-28 DATED 24/10/2007
DEALT WITH ANOTHER STOCK BROKER FOR OWN TRADE VIOLATING CIRCULAR NO.SEBI/MIRSD/CIR-06/2004 AND REGULATION 2.1.12(A) OF CAPITAL MARKET SEGMENT OF NSE
DID NOT ABIDE BY RULES, REGULATIONS AND BYELAWS OF STOCK EXCHANGE VIOLATING REGULATION 12A (1) (A) OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 21-DEC-2009 TILL FURTHER ORDERS
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 21-DEC-2009 TILL FURTHER ORDERS
DIRECTED NSDL AND CDSL NOT TO GIVE EFFECT TO ANY DEBIT INSTRUCTION IN DEMAT ACCOUNTS OF SUB BROKER OR OF ANY BENEFICIAL OWNER ON AUTHORITY OF POWER OF ATTORNEY
21-DEC-2009
|
DIRECTIONS ISSUED VIDE AD-INTERIM EX-PARTE ORDER DATED 21/12/2009 CONFIRMED VIDE ORDER DATED 30/08/2010
|
| 5 |
|
|
CAPITAL INVESTMENT
|
|
|
|
DIPEN PATEL
|
|
VIOLATED RULE 3 OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 6 |
|
|
ESSEM CONSULTANCY PVT.LTD.
|
|
|
|
SAMIR SHAH
|
|
|
SURYA PRAKASH TOSHNIWAL
|
|
VIOLATED RULE 3 OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
VIOLATED SECTION 12 OF SEBI ACT, 1992
|
PROSECUTION LAUNCHED
15-MAY-2006
|
THE OFFENCE WAS COMPOUNDED ON PAYMENT OF RS.1,50,000 BY THE ACCUSED TO SEBI
|
| 7 |
|
|
GAUTAM NEMANI,M/S
|
|
|
|
GAUTAM NEMANI
|
|
VIOLATED RULE 3 OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
VIOLATED SECTION 12 OF SEBI ACT, 1992
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 8 |
|
|
MIRAL FINANCIAL SERVICES & SECURITIES LTD.
|
|
|
VIOLATED RULE 3 OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
VIOLATED SECTION 12 OF SEBI ACT, 1992
VIOLATED SECTION 24 OF SEBI ACT, 1992
VIOLATED SECTION 4 OF SEBI (PFUTP) REGULATIONS, 1995
|
OFFENCE COMPOUNDED
23-OCT-2007
|
THE OFFENCE WAS COMPOUNDED ON PAYMENT OF RS.3,60,000 BY THE ACCUSED TO SEBI
|
| 9 |
|
|
PARSHWAS FINANCE
|
|
|
VIOLATED RULE 3 OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 10 |
|
|
PINNACLE FINSTOCK PVT.LTD.
|
|
|
ALLEGED VIOLATION OF SEBI (PFUTP) REGULATIONS, 1995 IN MATTER OF DESIGN AUTO SYSTEMS LTD.
ALLEGED VIOLATION OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.50,000 VIDE CONSENT ORDER)
REACHED SETTLEMENT (CONSENT ORDER) (AGREED VOLUNTARILY NOT TO BUY/SELL/ DEAL IN SECURITIES/ SPECIFIED SCRIPS DIRECTLY/INDIRECTLY) FROM 20-NOV-2009 TO 19-NOV-2010
18-NOV-2009
|
|
| 11 |
|
|
SHIVAM SECURITIES
|
|
|
|
ANKUSH GUPTA
|
|
VIOLATED SECTION 12 OF SEBI ACT, 1992
VIOLATED RULE 3 OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
|
PROSECUTION LAUNCHED
15-MAY-2006
|
THE OFFENCE WAS COMPOUNDED ON PAYMENT OF RS.1,00,000 BY THE ACCUSED TO SEBI
|
| 12 |
|
|
SHRI PARSHWA FINANCE
|
|
|
|
PIYUSH SUBODHCHANDRA JHAVERI
|
|
VIOLATED RULE 3 OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
VIOLATED SECTION 12 OF SEBI ACT, 1992
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 13 |
|
|
SUVIDHA SHARES & SECURITIES PVT.LTD.
|
|
|
|
NIRMAL RAJESH A.M.
|
|
|
V.SRIPRASAD
|
|
VIOLATED RULE 3 OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
VIOLATED SECTION 12 OF SEBI ACT, 1992
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 14 |
|
|
U.S.BENGALI,M/S
(Sub-Broker of VSE SECURITIES LTD.,STOCK BROKERS~VADODARA, Member : NSE)
|
|
|
|
U.S.BENGALI
|
|
ALLOWED TERMINALS TO UNREGISTERED SUB-BROKERS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
VIOLATED REGULATION 26 OF SEBI (STOCK BROKERS AND SUB-BROKERS) REGULATIONS 1992
|
IMPOSED PENALTY RS.1,50,000
07-JUL-2005
|
SAT: IMPUGNED ORDER MODIFIED BY REDUCING PENALTY AMOUNT TO RS.30,000 FROM RS.1,50,000
|
| 15 |
|
|
VRUDDHI CONFINVEST INDIA PVT.LTD.
|
|
|
|
DEVINA MEHRA
|
|
|
SHANKAR SHARMA
|
|
VIOLATED SECTION 11 (3) OF SEBI ACT, 1992
VIOLATED SEBI (PFUTP) REGULATIONS, 1995
ALLEGED VIOLATION OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
VIOLATED SEBI (PORTFOLIO MANAGERS) REGULATIONS, 1993
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 16 |
|
|
WASANKAR INVESTMENTS
(PAN:AAIPW1864A)
(Sub-Broker of ISE SECURITIES & SERVICES LTD., Member : NSE)
|
|
|
|
PRASHANT JAIDEV WASANKAR
DIN:02222183
PAN:AAIPW1864A
|
|
DID NOT PROVIDE INFORMATION WITH RESPECT TO ALL THE BANK ACCOUNTS VIOLATING OF REGULATIONS 9 AND 21 READ WITH CLAUSES A(1), A(2), A(3) AND A(5) OF CODE OF CONDUCT SPECIFIED IN SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF WASANKAR WEALTH MANAGEMENT LTD. AND WASANKAR INVESTMENT
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE TRANSACTIONS VIOLATING REGULATION 15 READ WITH CLAUSES A(1), A(2) AND D(4) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS & SUB-BROKERS) REGULATIONS, 1992 IN MATTER OF WASANKAR WEALTH MANAGEMENT LTD. AND WASANKAR INVESTMENT
|
IMPOSED PENALTY RS.4,00,000 ALONG WITH OTHER ENTITIES/PERSONS
20-MAR-2020
|
SEBI VIDE ITS NOTICE DATED 31/12/2021 DIRECTED TO PAY A RS.4,86,611.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS NOTICE DATED 27/01/2022 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
|
| 17 |
|
|
WASANKAR WEALTH MANAGEMENT LTD.
(PAN:AAACW8073C)
(Sub-Broker of ISE SECURITIES & SERVICES LTD., Member : BSE,Member : ICSE)
|
|
|
DID NOT PROVIDE INFORMATION WITH RESPECT TO ALL THE BANK ACCOUNTS VIOLATING OF REGULATIONS 9 AND 21 READ WITH CLAUSES A(1), A(2), A(3) AND A(5) OF CODE OF CONDUCT SPECIFIED IN SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF WASANKAR WEALTH MANAGEMENT LTD. AND WASANKAR INVESTMENT
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE TRANSACTIONS VIOLATING REGULATION 15 READ WITH CLAUSES A(1), A(2) AND D(4) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS & SUB-BROKERS) REGULATIONS, 1992 IN MATTER OF WASANKAR WEALTH MANAGEMENT LTD. AND WASANKAR INVESTMENT
|
IMPOSED PENALTY RS.4,00,000
20-MAR-2020
|
SEBI VIDE ITS NOTICE DATED 31/12/2021 DIRECTED TO PAY A RS.4,86,611.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS NOTICE DATED 01/02/2022 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
|
| 18 |
|
|
WASANKAR WEALTH MANAGEMENT LTD.
(PAN:AAACW8073C)
(Sub-Broker of ISE SECURITIES & SERVICES LTD., Member : NSE)
|
|
|
DID NOT PROVIDE INFORMATION WITH RESPECT TO ALL THE BANK ACCOUNTS VIOLATING OF REGULATIONS 9 AND 21 READ WITH CLAUSES A(1), A(2), A(3) AND A(5) OF CODE OF CONDUCT SPECIFIED IN SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF WASANKAR WEALTH MANAGEMENT LTD. AND WASANKAR INVESTMENT
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE TRANSACTIONS VIOLATING REGULATION 15 READ WITH CLAUSES A(1), A(2) AND D(4) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS & SUB-BROKERS) REGULATIONS, 1992 IN MATTER OF WASANKAR WEALTH MANAGEMENT LTD. AND WASANKAR INVESTMENT
|
IMPOSED PENALTY RS.4,00,000
20-JAN-2020
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
