Suspension of certificate of registration of M/s Vijay Kumar Patni of CSE

The Securities and Exchange Board of India (SEBI) has suspended the certificate of registration of M/s. Vijay Kumar Patni, member of CSE (SEBI Reg. No. INB031078216) for a period of four months. The penalty is imposed for dealing in off-market transactions, non-segregation of clients’ funds and own funds and indulged in fund based activities.
 
M/s. Vijay Kumar Patni, member of CSE will not be entitled to carry on the business as a Stock Broker with effect from September 2, 2003 till January 1, 2004.