January 31, 2005
PR No. 27/2005

Registration of M/s. Paark Securities Pvt. Ltd., a sub broker, suspended

M/s. Paark Securities Pvt. Ltd., a sub broker., has been suspended for a period of six months. The order was passed by SEBI on January 27, 2005. This order shall come into force with effect from February 17, 2005.
 
M/s. Paark Securities Pvt. Ltd. violated the provisions of SEBI Circulars, SEBI (Prohibition of Fraudulent and Unfair Trade Practices) Regulations 1995 and SEBI (Stock Broker and Sub Brokers) Regulations 1992.
 
 
Mumbai
 
January 31, 2005