December 24, 2002
PR No. 282/2002
Cancellation of Certificate of Registration of Brokers
The Securities and Exchange Board of India (SEBI) has cancelled the registrations of the following brokers with immediate effect:
S.N.
|
Broker
|
Reg. No.
|
Stock Exchange
|
|
Dinesh Sharma
|
INB160212112
|
Jaipur
|
|
Ram Babu Sharma
|
INB160185011
|
Jaipur
|
|
Rajesh Gupta
|
INB160191514
|
Jaipur
|
|
Lalit Kr. Jhanwar
|
INB160210917
|
Jaipur
|
|
Onkar Mal Shah
|
INB160217920
|
Jaipur
|
|
Mohammed Yakil
|
INB160208517
|
Jaipur
|
|
Dhanesh Baid
|
INB160846911
|
Jaipur
|
|
Sudhir Kr. Sarda
|
INB160214913
|
Jaipur
|
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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