PRESS RELEASE - SEBI |
February 11, 2004
PR No. 39/2004
Suspension of certificate of registration.
The Securities and Exchange Board of India (SEBI) has suspended the following CSE members certificate of registration for a period of six months. The penalty is imposed for their indulgence in off-market transactions and fund based activities.
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M/s. Deepak Jhunjhunwala & Co., SEBI Reg. No. INB 031070411
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M/s. Pradeep Kayan & Co. SEBI Reg. No. INB 030556517
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M/s. MKM Share Broking Services Pvt. Ltd. SEBI Reg. No. INB 030879131
The above members will not be entitled to carry on the business as a Stock Broker with effect from March 1, 2004 till August 31, 2004.
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For full copy of order against DEEPAK JHUNJHUNWALA & CO., click here.
For full copy of order against MKM SHARE BROKING SERVICES PVT.LTD., click here.
For full copy of order against PRADEEP KAYAN & CO., click here.