January
19, 2009
PR No. 031/2009
Orders against Narayan Securities Pvt. Ltd. and Credential
Stock Brokers Ltd. in the matter of Vatsa Music Ltd.
Dr. T. C. Nair, Whole Time Member, SEBI, has passed orders dated January 13, 2009, in the matter of Vatsa Music Ltd. suspending Narayan Securities Pvt. Ltd., Member, NSE(SEBI Regn No � INB230935437) for a period of one month and suspending Credential Stock Brokers Ltd, Member, NSE (SEBI Regn. No. INB230903331) for a period of two months.
The orders come into effect on expiry of 21 days from the date of the order.
Mumbai
January 19, 2009
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