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May 13, 2002
PR No. 91/2002
Cancellation of Registration of Brokers
The Securities and Exchange Board of India (SEBI) has cancelled the registrations of the following brokers with immediate effect:
| S.NO. |
Broker |
SEBI Reg No. |
| 1. |
I .I. Vahanvati |
INB180227075 |
| 2. |
Vasantrai K. Patel |
INB180531510 |
| 3. |
Kirti M. Desai |
INB180531618 |
| 4. |
Rajeev S. Parekh |
INB180561716 |
| 5. |
Pradip M. Choksi |
INB180594116 |
| 6. |
Chandres B. Borsadia |
INB180745115 |
| 7. |
Kavitaben A. Patel |
INB180233714 |
| 8. |
Meeti Investments and Con.
Services Pvt. Ltd. |
INB180697532 |
| 9. |
R. K. Viradia |
INB180234018 |
| 10. |
L. K. Kagathara |
INB180529815 |
| 11. |
Vijay Shah |
INB180570218 |
| 12. |
Bipin Shukla |
INB180745516 |
| 13. |
Bharat L. Parekh |
INB180747514 |
| 14. |
Praful N. Modi |
INB180237211 |
| 15. |
Dinesh G. Thakkar |
INB180530717 |
| 16. |
Nanjibhai L. Chovatia |
INB180222813 |
The registrations have been cancelled in terms of Sub-Regulation (3) of Regulation 29 of SEBI (Stock Brokers and Sub-Brokers) Rules & Regulations, 1992.
The said brokers were declared defaulters by the Stock Exchange and ceased to be members of the Exchange, thereby failed to fulfill the pre-requisite condition of registration as brokers with SEBI.
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