For full copy of order against SHIVAM STOCK BROKING PVT.LTD., click here.

PRESS RELEASE - SEBI
August 19, 2003
PR No. 195/2003

Suspension of certificate of registration of M/s. Shivam Stock Broking Pvt. Ltd, Member of CSE

The Securities and Exchange Board of India (SEBI) has suspended the certificate of registration of M/s. Shivam Stock Broking Pvt. Ltd. member of CSE (SEBI Reg. No. INB031051239) for a period of one year. The penalty is imposed for dealing in off-market transactions.
 
M/s. Shivam Stock Broking Pvt. Ltd, member of CSE will not be entitled to carry on the business as a Stock Broker with effect from September 3, 2003 till September 2, 2004.