December 02, 2004
PR No. 320/2004

Registration of M/s. Siya Sharan Singhal,

member of Jaipur Stock Exchange, cancelled

Securities and Exchange Board of India (SEBI) has passed an order dated November 28, 2004 cancelling the certificate of registration of M/s. Siya Sharan Singhal (SEBI Regn. No. INB160750212), erstwhile member of Jaipur Stock Exchange Ltd. with immediate effect.
 
The aforesaid stock broker was declared defaulter by Jaipur Stock Exchange Ltd. 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

December 02, 2004