July 09, 1999
PR No. 151/1999
Suspension of Member from Ahmedabad Stock Exchange - Chimanlal Lalbhai
Secondary Market Department
The Securities and Exchange Board of India
(SEBI) has warned M/s Chimanlal Lalbhai (Partners: Shri Pannalal Dalal & Shri Hemant Rasiklal
Sheth), member of Ahmedabad Stock Exchange for irregularities in issuance of contract notes and indulging in financing transactions.
The warning has been served in terms of Sub-Regulation (3) of Regulation 29 of SEBI (Stock Brokers and Sub-Brokers) Rules & Regulations, 1992.
SMD
July 9, 1999
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