December 24, 2003
PR No. 323/2003
Suspension of certificate of registration of M/s S. P. Rakhecha & Co., Member of CSE
The Securities and Exchange Board of India (SEBI) has suspended the certificate of registration of
M/s S. P. Rakhecha & Co., SEBI Reg. No. INB
031032718, member of CSE for a period of six months. The penalty is imposed for their indulgence in off-market transactions and fund based activities.
M/s S. P. Rakhecha & Co., member of CSE will not be entitled to carry on the business as a Stock Broker with effect from January 7, 2004 till July 6, 2004.
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