The Securities and Exchange Board of India (SEBI) has cancelled / suspended the certificate of registration of below mentioned merchant bankers.
The details are given in the annexure.
| S.NO |
NAME |
CAT |
REASON
FOR ENQUIRY |
REMARK |
| 1 |
Nafcon
Financial Ser.Ltd. |
IV |
Non payment
of fees |
Suspended
till the remaning period of registration (that is August 15, 1999). |
| 2 |
Western
Fincap Ltd.. |
III |
Non payment
of fees |
Suspended
till the remaning period of registration (that is till July 31, 1999). |
| 3 |
Mewar
Leasing Ltd. |
III |
Non payment
of fees |
Suspended
till the remaining period of registration (that is till July 31, 1999). |
| 4 |
Interact
Leasing & Finance Ltd. |
III |
Non payment
of fees |
Suspended
till the remaining period of registration that is till February 15,
1999). |
| 5 |
CLF
Corporation Ltd. |
III |
Non payment
of fees |
Suspended
till the remaining period of registration (that is till May 31, 1999). |
| 6 |
Zuari
Finance Ltd . |
II |
Non payment
of fees |
Suspended
till the remainig period of registration (that is till September 30,
1998). |
| 7 |
XS Financial
Ser.Ltd. |
II |
Non payment
of fees |
Suspended
till the remaining period of registation (that is till January 15,
1999). |
| 8 |
Radico
Khaitan Finance Ltd |
I |
Failure to
submit employee database |
Cancelled
with effect from September 09, 1998 |
| 9 |
Regency
Trust Ltd. |
II |
Non payment
of fees |
Suspended
till the remaining period of registration (that is till January 15,
1999). |
| 10 |
Prudential
Cap.Mkts.Ltd. |
I |
Non exercise
of due diligence |
Suspended
till the remaining period of registration (that is till February 14,
1999). |