September 30, 2003
PR No. 240/2003
MIRSD
CANCELLATION OF CERTIFICATE OF REGISTRATION
OF A STOCK – BROKER OF MADRAS STOCK EXCHANGE
The Securities and Exchange Board of India (SEBI) has cancelled the registration of M/s. Aakash Stocks & Shares Pvt. Ltd. (SEBI Regn. No. INB040682136) with immediate effect:
The aforesaid Stock-Broker was declared defaulter by the Stock Exchange and ceased to be a member of the Exchange, thereby failed to fulfill the pre-requisite condition of registration as Stock-Broker with SEBI.
The registration has been cancelled in terms of Sub-Regulation (5) of Regulation 16 of SEBI (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002.
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