January
22, 2009
PR No. 067/2009
Order against M/s. Share Plaza, Sub broker
Dr. T. C. Nair, Whole Time Member, SEBI, has passed an order dated January 15, 2009, in the matter of M/s. Eider Infotech against M/s. Share Plaza, sub-broker affiliated to M/s. Nam Securities Ltd., Member of National Stock Exchange of India Ltd.
The Whole Time Member opined that though the certificate of registration of M/s. Share Plaza should be suspended for specified period of time but as the certificate of registration of M/s Share Plaza has already been cancelled w.e.f. May 10, 2006, no further action is required. Therefore, the Whole Time Member disposed of the show cause notice against Share Plaza.
Mumbai
January 22, 2009
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