July 19, 2004
PR No. 161/2004

Registration of Akhil K.Dalal, stock broker cancelled

The Securities and Exchange Board of India (SEBI) has passed an order dated July 15, 2004 cancelling the certificate of registration of Akhil K Dalal (SEBI Registration No. INB010001017) erstwhile member of The Stock Exchange, Mumbai (BSE) with immediate effect.
 
 
The aforesaid stock broker was declared defaulter by the Stock Exchange and ceased to be 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.
 
 
Mumbai

July 19, 2004