February 19, 2007
PR No. 58/2007
Registrations of fifteen stock brokers, cancelled
Shri G.Anantharaman, Whole Time Member, SEBI has passed two orders dated February 08, 2007 cancelling the certificates of registration of the following fifteen stock brokers with immediate effect:
|
Sr.
No.
|
Name
of the broker
|
SEBI
Regn. No.
|
Stock
Exchange
|
-
|
Shri
Sharad Kumar Jain
|
INB160188312
|
Jaipur
Stock Exchange
|
-
|
M/s.
Varren Financial
Services
Ltd.
|
INB200713239
|
OTC
Exchange of
India
|
-
|
Shri
K.C. George
|
INB200836815
|
OTC
Exchange of
India
|
-
|
M/s.
R.R.K. Securities Ltd.
|
INB200695736
|
OTC
Exchange of
India
|
-
|
Vijaylakshami
Ahilan
|
INB200836717
|
OTC
Exchange of
India
|
-
|
M/s.
Grofin Sec. Holding
Ltd.
|
INB200608733
|
OTC
Exchange of
India
|
-
|
M/s.
S.K. Kanwatia &
Co.
|
INB160844815
|
Jaipur
Stock Exchange
|
-
|
Shri
Shyam Sunder Mundra
|
INB160190613
|
Jaipur
Stock Exchange
|
-
|
M/s.
G.D. Garg & Co.
|
INB160180613
|
Jaipur
Stock Exchange
|
-
|
M/s.
Suresh Gupta & Co.
|
INB160842817
|
Jaipur
Stock Exchange
|
-
|
M/s.
Usha Agarwal
& Co.
|
INB160215510
|
Jaipur
Stock Exchange
|
-
|
S.K.
Bansal
|
INB160203013
|
Jaipur
Stock Exchange
|
-
|
M/s.
N. Kaul &
Associates
|
INB160585315
|
Jaipur
Stock Exchange
|
-
|
Renu
Mohla
|
INB160186314
|
Jaipur
Stock Exchange
|
-
|
M/s.
Praman Capital
Market
Services Ltd.
|
INB090702331
|
Cochin
Stock Exchange
|
The aforesaid stock brokers were declared defaulters / expelled by the respective Stock Exchanges and ceased to be members of the Exchanges, thereby failed to fulfil the pre-requisite condition of registration as stock broker with SEBI. These registrations have been cancelled in terms of Sub-Regulation (6) of Regulation 16 of SEBI (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002.
Mumbai
February 19, 2007
|