PRESS RELEASE - SEBI
October 22, 2002
PR No. 228/2002

CANCELLATION OF REGISTRATION

The Securities and Exchange Board of India (SEBI) has cancelled the registrations of the following brokers with immediate effect:
 

S.No.
Broker
Reg. No.
Stock Exchange
 1
K.C.S. Rajendhirun
INB040128513
Madras 
 2
Cigatapu Gopi
INB040593518
Madras
 3
C.B. Ghanshyamdas
INB040132010
Madras
 4
Kapoorchand Sethia
INB040135115
Madras
 5
S. R. Vaidyanathan
INB040682314
Madras
 6
M. Sambasivam
INB040139914
Madras
 7
Chitra Krishna
INB040132813
Madras
 8
A. Viswanathan
INB040129415
Madras

 
 1
C. Subramaniam
INB210538713
Coimbatore 
 2
Om Prakash Gogia
INB210539810
Coimbatore
 3
Rajinder Kumar Bharti
INB210537910
Coimbatore
 4
J. Venkateswaran
INB210540819
Coimbatore
 5
Pannala Stocks & Shares Pvt. Ltd.
INB210698839
Coimbatore
 6
N. Siddhurajan
INB210534717
Coimbatore
 7
P. Rajaram Naidu
INB210479918
Coimbatore
 8
R. Janakiraman
INB210507812
Coimbatore
9
K. Ananthanarayanan
INB210516118
Coimbatore
 10
K. R. Venkataswamy
INB210509213
Coimbatore
 11
Mallika Srinivasan
INB210536412
Coimbatore

 
B. Shivakumar (Divya Securities)
INB080800219
Bangalore 
 2
City Stocks & Services (P) Ltd.
INB080749336
Bangalore
 3
Sundara Tenkillaya (Sundar & Co.)
INB080550914
Bangalore 

 
Debashish Bose
INB130335517
Gauhati 
 2
Uma Shankar Taparis
INB130322315
Gauhati
 3
Goverdhan Prasad Atal
INB130323519
Gauhati
 4
Bijay Kumar Surekha
INB130336918
Gauhati
 5
Shikhar Chand Jain
INB130329318
Gauhati
 6
P. R. Manglunia
INB130334019
Gauhati
 7
Kusum Kochar
INB130680111
Gauhati

 
B. N. Mehta
INB190945818 
Vadodara 
 2
Hemang Doctor
INB190637317
Vadodara
 3
V. J. Associates
INB190403712
Vadodara

 
 
P. K. Wadhwa
INB050093310
Delhi
 2
Sanjeev Kumar Garg
INB050099911
Delhi
 3
P. L. Jain & Co.
INB050094612
Delhi
 4
Rakesh Relan 
INB050896814
Delhi
 5
Suchi Securities Ltd.
INB050673230
Delhi
 6
S. K. Dhuper
INB050659617
Delhi

 
Worldlink Finance Ltd.
INB200504238
OTCEI
 2
Kartik Securities Pvt. Ltd.
INB200913435
OTCEI
 3
Spotmarkets Securities Pvt. Ltd.
INB200941339
OTCEI
 4
Binani Stockland Ltd.
INB200500438
OTCEI
 5
Pittie Securities Ltd.
INB200706432
OTCEI
 6
CMS Securities Ltd.
INB200867235
OTCEI
 7
Jacob Cherian
INB200817413
OTCEI
 8
Westfin Securities Ltd.
INB200751437
OTCEI
 9
Gazi Share & Stock Brokers Ltd.
INB200931838
OTCEI
 10
Rahil Investments & Finance Ltd.
INB200776138
OTCEI
 11
Balshia Securities Ltd.
INB200646334
OTCEI
 12
Mangal Finance Ltd.
INB200603033
OTCEI

 
Anand Stock Pvt. Ltd.
INB230771734
NSE
 2
Maxwell Securities Pvt. Ltd.
INB230812635
NSE
 3
Vipul Securities Ltd.
INB230655936
NSE
 4
MFL Stock Broking Ltd.
INB230691636
NSE
 5
Pittie Securities Ltd.
INB230706436
NSE
 6
M/s Stenly Credit Capital Ltd.
INB230726436
NSE
 7
Inder Manohar Financiers Ltd.
INB230825339
NSE
 8
Alembic Securities Pvt. Ltd.
INB230909433
NSE
 9
Padmini Financial Services Ltd.
INB230910432
NSE
 10
Savasthi Investments Ltd.
INB230655437
NSE
 11
M/s Option Pratibhuti & Vinimay Company Ltd. 
INB230812038
NSE
 12
M/s BPS Securities Pvt. Ltd.
INB230804330
NSE

 
1
Manoj Kumar Alva (Mangala Investments)
INB140388111
Mangalore
2
P. K. Mallya (P. K. Investments)
INB140384712
Mangalore
3
G. Ravishanker (Swastik Shares & Investments)
INB140606211
Mangalore

The registrations have been cancelled in terms of Sub-Regulation (3) of Regulation 29 of SEBI (Stock Brokers and Sub-Brokers) Rules & Regulations, 1992. 

The said brokers were declared defaulters by the Stock Exchange and ceased to be members of the Exchange, thereby failed to fulfill the pre-requisite condition of registration as brokers with SEBI.