| PRESS RELEASE - SEBI |
|
July 01, 2004
PR No. 140/2004
Certificate of registration of 17 stock brokers of
OTC Exchange of India Ltd. cancelled
The Securities and Exchange Board of India (SEBI) has passed orders dated June 22, 2004 cancelling the certificate of registration of the following 17 stock-brokers of OTC Exchange of India Ltd., with immediate effect:
|
Sr.
No. |
Name of the
Stock Broker |
SEBI
Registration No. |
| 1 |
Midas Touch Credit
Services Pvt. Ltd. |
INB200913738 |
| 2 |
Nath Securities
Ltd. |
INB200925638 |
| 3 |
Pavapuri Securities
Ltd. |
INB200804238 |
| 4 |
M. V. Ramaswamy |
INB200887413 |
| 5 |
MCF Investments
Ltd. |
INB200832132 |
| 6 |
Arushi Security
& Cap. Ser. Pvt. Ltd. |
INB200893532 |
| 7 |
Spectrum Corporate
Services Ltd. |
INB201052330 |
| 8 |
Inder Kumar Daga |
INB200916110 |
| 9 |
Gorawara Investment
Pvt. Ltd. |
INB200864130 |
| 10 |
Paramjeet D Rai |
INB200889411 |
| 11 |
Comco Trading &
Investments Co. Pvt. Ltd. |
INB200811133 |
| 12 |
Arun Kumar
Aggarwal |
INB200870312 |
| 13 |
Vyom Financial
Services Pvt. Ltd. |
INB200864835 |
| 14 |
Brother Credit &
Investment Pvt. Ltd. |
INB200897636 |
| 15 |
Mutual Financial
Services Ltd. |
INB200938537 |
| 16 |
Navketan Merchants
Ltd. |
INB200819938 |
| 17 |
Ace Securities Pvt.
Ltd. |
INB200954336 |
The aforesaid stock brokers were expelled by the Stock Exchange and ceased to be members of the Exchange and 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.
|
For full copy of order against ACE SECURITIES PVT.LTD., click here.
For full copy of order against ARUN KUMAR AGGARWAL, click here.
For full copy of order against ARUN KUMAR AGGARWAL,M/S, click here.
For full copy of order against ARUSHI SECURITY & CAPITAL SERVICES PVT.LTD., click here.
For full copy of order against BROTHER CREDIT & INVESTMENT PVT.LTD., click here.
For full copy of order against COMCO TRADING & INVESTMENTS CO.PVT.LTD., click here.
For full copy of order against GORAWARA INVESTMENT PVT.LTD., click here.
For full copy of order against INDER KUMAR DAGA, click here.
For full copy of order against INDER KUMAR DAGA,M/S, click here.
For full copy of order against M.V.RAMASWAMY, click here.
For full copy of order against M.V.RAMASWAMY,M/S, click here.
For full copy of order against MCF INVESTMENTS LTD., click here.
For full copy of order against MIDAS TOUCH CREDIT SERVICES PVT.LTD., click here.
For full copy of order against MUTUAL FINANCIAL SERVICES LTD., click here.
For full copy of order against NATH SECURITIES LTD., click here.
For full copy of order against NAVKETAN MERCHANTS LTD., click here.
For full copy of order against P.D.RAI & CO., click here.
For full copy of order against PARAMJEET D.RAI, click here.
For full copy of order against PAVAPURI SECURITIES LTD., click here.
For full copy of order against SPECTRUM CORPORATE SERVICES LTD., click here.
For full copy of order against VYOM FINANCIAL SERVICES PVT.LTD., click here.