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PRESS RELEASE - SEBI

January 31, 2006
PR No. 66/2006

Certificate of registration of M/s. Harvic Management Services (I) Ltd., cancelled

The certificate of registration of M/s. Harvic Management Services (I) Ltd., Sub-broker affiliated to M/s. B M Gandhi Securities Pvt. Ltd., Member � BSE (SEBI Registration No. INS 01496938) has been cancelled. The sub-broker has been found guilty of violation of the provisions of SEBI (Prohibition of Fraudulent and unfair Trade practices Relating to Securities Market) Regulations, 1995 and code of conduct as specified in SEBI(Stock Brokers and Sub-brokers) Regulations, 1992, while dealing in the shares of Malvica Engineering Ltd. 
 
The order has been passed by Shri Madhukar, Whole Time Member, SEBI on January 25, 2006. The order shall come into effect after the expiry of 21 days from the date of the order.
 
 
Mumbai

January 31, 2006

 


For full copy of order against HARVIC MANAGEMENT SERVICES (INDIA) LTD., click here.

 
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