PRESS RELEASE - SEBI
December 24, 2002
PR No. 282/2002

Cancellation of Certificate of Registration of Brokers

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

S.N.

Broker

Reg. No.

Stock Exchange

 

Dinesh Sharma

INB160212112

Jaipur

 

Ram Babu Sharma

INB160185011

Jaipur

 

Rajesh Gupta

INB160191514

Jaipur

 

Lalit Kr. Jhanwar

INB160210917

Jaipur

 

Onkar Mal Shah

INB160217920

Jaipur

 

Mohammed Yakil

INB160208517

Jaipur

 

Dhanesh Baid

INB160846911

Jaipur

 

Sudhir Kr. Sarda

INB160214913

Jaipur

 
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.