January 22, 2004
PR No. 16/2004
CANCELLATION OF CERTIFICATE OF REGISTRATION OF
A STOCK–BROKER OF INTERCONNECTED STOCK EXCHANGE OF INDIA
The Securities and Exchange Board of India (SEBI) has cancelled the certificate of registration of Shri. Menon Da Costa (SEBI Registration No. INB241124719) erstwhile member of National Stock Exchange with immediate effect.
The aforesaid Stock-Broker was expelled from 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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