July 09, 1998 PR No.
178/1998
SUSPENSION / CANCELLATION OF MERCHANT
BANKING REGISTRATION
PRIMARY MARKET DEPARTMENT
The Securities and Exchange Board of India (SEBI) has suspended and cancelled three merchant banker for their failure to pay annual registration fees.
Details are given below:
Name of the Merchant
Banker (CAT) |
Suspension/Cancellation |
W.E.F |
REMARK |
Madhumilan Fincorp (cat - I)
|
Cancelled
|
June 15, 1998
|
Cancelled
|
Krishna Murari Agarwal & Co
(Cat - IV)
|
Suspended
|
June 17, 1998
|
suspended till the remaining period of registration
(i.e. 31/05/99)
|
M & V Assoc.
Cat - IV
|
Suspended |
June 19,
1998
|
Suspended till the remaining
period of registration
(i.e. 30/06/99)
|
|