October 26, 2004
PR No. 289/2004

Certificate of Registration granted to M/s J. Geetha, sub broker, suspended

Securities and Exchange Board of India (SEBI) has passed an order on October 12, 2004 suspending the certificate of registration granted to M/s J. Geetha, (SEBI Registration No. INS010722317), a sub-broker affiliated to M/s. MSE Financial Services Ltd., Member of the Stock Exchange, Mumbai for a period of 6 (six) months with effect from November 02, 2004. 
 
The order has been passed against M/s J. Geetha for non-charging of brokerage, non maintenance of deposit of minimum margin by the clients, delay in delivery of securities and payments to clients, non-segregation of client’s fund from owned funds, habitual default/ delay in payment of margin dues and pay-in dues etc.
 
M/s J. Geetha , a sub-broker affiliated to M/s. MSE Financial Services Ltd., member of the Stock Exchange, Mumbai will not be entitled to carry on the business as a sub-broker with effect from November 02 , 2004 till May 01, 2005.
 
 
Mumbai
 
October 26, 2004