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August 05, 1998
PR No.
212/1998
SUSPENSION OF MERCHANT BANKING REGISTRATION
PRIMARY MARKET DEPARTMENT
The Securities and Exchange Board of India (SEBI) has suspended the certificate of registration till the remaining period of their registration of the following six Merchant Bankers w.e.f. July 27,1998 for their failure to pay annual registration fees.
Details are given below:
| S.No. |
Name of Merchant
Banker |
Category |
Non-payment of fees
for the year |
| 1 |
Premium International Finance
Ltd. |
I |
1996-97 |
| 2 |
Realgrowth Financial Services
Ltd. |
II |
1996-97 |
| 3 |
Pegasus Capital & Allied
Services Ltd. |
II |
1996-97 |
| 4 |
Right Corporate Services Ltd. |
III |
1996-97 |
| 5 |
Usher Financials Pvt. Ltd. |
IV |
1997-98 |
| 6 |
Pearl Corporate Financial
Services Pvt. Ltd. |
IV |
1997-98 |
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