If you are an Existing User, please enter your Username & Password below

Forgot Password?

Are you a New User? Click here to enrol

close

Click here to visit old website
Co-Sponsors
  • Home»
  • Regulatory actions in Chronological Order
Regulatory Actions Covered By This Website

REGULATORY ACTIONS IN CHRONOLOGICAL ORDER

NAMES IN BROWN COLOUR
Names of entities/persons in brown colour denote that the regulatory order is not against them but their names have been mentioned only for association purposes.

ENTITY

S.
No.		 DATE OF ORDER ENTITY PERSON COMPETENT AUTHORITY REGULATORY CHARGES REGULATORY ACTION(S) / DATE OF ORDER FURTHER DEVELOPMENTS
801 22-MAY-2016
History of entity/person MAA PADMAWATI SHARE & STOCK BROKING PVT.LTD.   
  MSEI  DID NOT CO-OPERATE WITH INSPECTION AUTHORITIES

DID NOT SUBMIT ANNUAL ACCOUNTS

DID NOT SUBMIT NET WORTH CERTIFICATES TO EXCHANGE

DID NOT PRODUCE REQUIRED DOCUMENTS TO INSPECTION AUTHORITY  		SUSPENDED FROM MEMBERSHIP FROM 22-MAY-2016

22-MAY-2016 		 
802 22-MAY-2016
History of entity/person R S FINANCIAL SERVICES   
  MSEI  DID NOT CO-OPERATE WITH INSPECTION AUTHORITIES

DID NOT SUBMIT ANNUAL ACCOUNTS

DID NOT SUBMIT NET WORTH CERTIFICATES TO EXCHANGE

DID NOT PRODUCE REQUIRED DOCUMENTS TO INSPECTION AUTHORITY  		SUSPENDED FROM MEMBERSHIP FROM 22-MAY-2016

22-MAY-2016 		 
803 22-NOV-2015
History of entity/person MOONGIPA INVESTMENTS LTD.   
  MSEI  EXPELLED BY NATIONAL STOCK EXCHANGE  EXPELLED FROM MEMBERSHIP BY STOCK EXCHANGE FROM 09-NOV-2015

22-NOV-2015 		 
804 22-NOV-2015
History of entity/person ORION CAPITAL & DEBT MARKET   
  MSEI  EXPELLED BY NATIONAL STOCK EXCHANGE  EXPELLED FROM MEMBERSHIP BY STOCK EXCHANGE FROM 09-NOV-2015

22-NOV-2015 		 
805 19-SEP-2015
History of entity/person CLICK2TRADE CAPITAL LTD.   
  MSEI  EXPELLED BY NATIONAL STOCK EXCHANGE  EXPELLED FROM MEMBERSHIP BY STOCK EXCHANGE FROM 10-JUL-2015

19-SEP-2015 		 
806 19-SEP-2015
History of entity/person FIN BRAINS SECURITIES (INDIA) LTD.   
  MSEI  EXPELLED BY NATIONAL STOCK EXCHANGE  EXPELLED FROM MEMBERSHIP BY STOCK EXCHANGE FROM 28-AUG-2015

19-SEP-2015 		 
807 18-AUG-2015
History of entity/person AIMCO FINEX LTD.   
  MSEI  DID NOT CO-OPERATE WITH INSPECTION AUTHORITIES

DID NOT SUBMIT ANNUAL ACCOUNTS

DID NOT SUBMIT NET WORTH CERTIFICATES TO EXCHANGE

DID NOT SUBMIT INFORMATION OF CHANGE IN DIRECTORS AND THEIR CONTACT DETAILS  		SUSPENDED FROM MEMBERSHIP FROM 18-MAY-2015

18-AUG-2015 		 
808 18-AUG-2015
History of entity/person MICRO FOREX EQUITY & DERIVATIVES PVT.LTD.   
  MSEI  SUBMITTED WRONG/FALSE REPORTING OF CLIENT MARGIN COLLECTION

DID NOT SETTLE CLIENT ACCOUNTS

DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT’S FUNDS & OWN FUNDS

DID NOT ADHERE TO SETTLEMENT CRITERIA

DID NOT MAINTAIN CLIENTS’ LEDGERS PROPERLY

DID NOT MAINTAIN BANK BOOKS PROPERLY

DID NOT SUBMIT OR SUBMITTED INCOMPLETE DOCUMENTS

ISSUED CONTRACT NOTES WITH FORMAT RELATED DISCREPANCIES

DID NOT INTIMATE DEDICATED EMAIL ID FOR CORRESPONDENCE BETWEEN MEMBER & EXCHANGE IN RELATION TO INVESTOR GRIEVANCE

DELAYED IN INTIMATING DETAILS OF DESIGNATED DIRECTOR TO FINANCIAL INTELLIGENCE UNIT (FIU)

DID NOT UPLOAD “KNOW YOUR CLIENT” DOCUMENTS TO KRA

DISCREPANCIES IN CLIENT REGISTRATION DOCUMENTS

DID NOT MAINTAIN ORDER BOOK  		PENALTY IMPOSED RS.45,90,761

SUSPENDED FROM MEMBERSHIP FROM 16-NOV-2015 TO 16-NOV-2015

18-AUG-2015 		 
809 29-MAY-2015
History of entity/person MAX PLANWEALTH SECURITIES LTD.   
  MSEI  DID NOT ADHERE TO VARIOUS RULES/REGULATIONS/BYE-LAWS OF THE EXCHANGE/SEBI  SUSPENDED FROM MEMBERSHIP FROM 29-MAY-2015

29-MAY-2015 		 
810 26-DEC-2014
History of entity/person KASSA FINVEST PVT.LTD.   
  MSEI  INDULGED IN EXECUTION OF UNAUTHORISED TRANSACTIONS  CLAIM ADMITTED
AWARD AMOUNT: RS.1,51,000

26-DEC-2014 		 
811 08-OCT-2014
History of entity/person NIRMAL BANG SECURITIES PVT.LTD.   
  MSEI  INDULGED IN EXECUTION OF UNAUTHORISED TRANSACTIONS  CLAIM ADMITTED
AWARD AMOUNT: RS.6,82,000

08-OCT-2014 		MSEI VIDE ITS ARBITRATION AWARD DATED 13/02/2015 REJECTED THE APPEAL. DIRECTED APPELLANT TO PAY RS.6.82 LACS WITH INTEREST @ 12% FROM 13/03/2012 TO RESPONDENT. DIVIDENDS ACCRUED AFTER 13/03/2012 ON SHARES OF THE RESPONDENT LYING WITH APPELLANT SHOULD ALSO BE PAID  
812 24-SEP-2014
History of entity/person UNICON SECURITIES PVT.LTD.   
  MSEI  EXPELLED BY NATIONAL STOCK EXCHANGE  EXPELLED FROM MEMBERSHIP BY STOCK EXCHANGE FROM 05-SEP-2014

24-SEP-2014 		 
813 11-JUL-2014
History of entity/person ANGEL BROKING PVT.LTD. 

(New Name : ANGEL ONE LTD.)  
  MSEI  INDULGED IN EXECUTION OF UNAUTHORISED TRANSACTIONS  CLAIM ADMITTED
AWARD AMOUNT: RS.95,000

11-JUL-2014 		 
814 11-JUL-2014
History of entity/person ANGEL BROKING PVT.LTD. 

(New Name : ANGEL ONE LTD.)  
  MSEI  INDULGED IN EXECUTION OF UNAUTHORISED TRANSACTIONS  CLAIM ADMITTED
AWARD AMOUNT: RS.1,00,000

11-JUL-2014 		 
815 26-JUN-2014
History of entity/person AANYA COMMODITIES PVT.LTD.   
  MSEI  USED CLIENT MONEY FOR OWN USE

MISUSED CLIENT FUNDS AND ACCEPTED LARGE AMOUNTS OF CASH FROM CLIENTS

UNAUTHORIZED TRANSFER OF FUNDS FROM ONE CLIENT ACCOUNT TO ANOTHER

TRANSFERRED PROFITS FROM ONE CLIENT'S ACCOUNT TO MULTIPLE CLIENT'S ACCOUNTS

UTILIZED MEMBER'S MARGIN FOR FUNDING OF CLIENT MARGIN

TRANSFERRED PROFIT FROM ONE PARTICULAR ACCOUNT TO VARIOUS ACCOUNTS

TRADED FOR CLIENT WHO WAS NOT A REGISTERED CLIENT AT THE EXCHANGE LEVEL

CARRIED ON UNAUTHORIZED PORTFOLIO MANAGEMENT SERVICES

DID NOT MAINTAIN NET WORTH AS PRESCRIBED BY THE EXCHANGE FOR A MEMBER

SHARED BROKERAGE WITH A PERSON WHO WAS NOT AN APPROVED USER

TRANSFERRED SHARES OF WHOLLY OWNED SUBSIDIARY OF THE MEMBER TO OTHER ENTITY IN WHICH BOTH THE DIRECTORS OF PARENT COMPANY WERE DIRECTORS

DEALT WITH UNREGISTERED INTERMEDIARIES

INVOLVED IN ACTIVITIES LIKE CHEQUE DISCOUNTING AND CASH THROUGH 'HAWALA' OPERATORS

TRANSFERRED TRADES FROM ONE CLIENT TO ANOTHER CLIENTS IN THE BACK OFFICE WITHOUT EFFECTING THOSE CHANGES ON THE EXCHANGE PLATFORM  		EXPELLED FROM MEMBERSHIP BY STOCK EXCHANGE FROM 26-JUN-2014

26-JUN-2014 		 
816 26-JUN-2014
History of entity/person AASTHA AGENCIES   
  MSEI  DID NOT ADHERE TO MEMBERSHIP CRITERIA OF SEBI/EXCHANGE

DID NOT ADHERE TO VARIOUS RULES/REGULATIONS/BYE-LAWS OF THE EXCHANGE/SEBI

DID NOT MAINTAIN NET WORTH REQUIREMENT  		EXPELLED FROM MEMBERSHIP BY STOCK EXCHANGE FROM 26-JUN-2014

26-JUN-2014 		MCX VIDE ITS ORDER DATED 09/12/2014 REVOKED ITS DIRECTIONS ISSUED VIDE ITS EXPULSION ORDER DATED 26/06/2014. FURTHER, ADVISED AASTHA AGENCIES TO INCREASE ITS NETWORTH TO THE PRESCRIBED LIMIT WITHIN 30 DAYS OF THE RECEIPT OF THIS ORDER AND SUBMIT NET WORTH CERTIFICATE  
817 26-JUN-2014
History of entity/person AMBER SOLUTIONS PVT.LTD.   
  MSEI  DID NOT ADHERE TO REQUIREMENTS LAID DOWN BY SEBI/EXCHANGE

DID NOT REPLY TO COMMUNICATION FROM THE EXCHANGE  		EXPELLED FROM MEMBERSHIP BY STOCK EXCHANGE FROM 26-JUN-2014

26-JUN-2014 		 
818 26-JUN-2014
History of entity/person JAIN BROKING PVT.LTD.   
  MSEI  DID NOT ADHERE TO REQUIREMENTS LAID DOWN BY SEBI/EXCHANGE

DID NOT ADHERE TO VARIOUS RULES/REGULATIONS/BYE-LAWS OF THE EXCHANGE/SEBI

DID NOT MAINTAIN NET WORTH REQUIREMENT  		EXPELLED FROM MEMBERSHIP BY STOCK EXCHANGE FROM 26-JUN-2014

26-JUN-2014 		MCX VIDE ITS ORDER DATED 09/12/2014 REVOKED ITS DIRECTIONS ISSUED VIDE ITS EXPULSION ORDER DATED 26/06/2014. FURTHER, ADVISED JAIN BROKING TO INCREASE ITS NETWORTH TO THE PRESCRIBED LIMIT WITHIN 30 DAYS OF THE RECEIPT OF THIS ORDER AND SUBMIT NET WORTH CERTIFICATE  
819 29-MAY-2014
History of entity/person KASSA FINVEST PVT.LTD.   
  MSEI  EXPELLED BY NATIONAL STOCK EXCHANGE  EXPELLED FROM MEMBERSHIP BY STOCK EXCHANGE FROM 21-APR-2015

29-MAY-2014 		 
820 25-APR-2014
History of entity/person KUNDAN CARE PRODUCTS LTD.   
  MSEI  ENGAGED IN BUSINESS OTHER THAN SECURITIES IN VIOLATION OF SECURITIES CONTRACT (REGULATION) RULES, 1957  DIRECTED NOT TO TAKE ANY FRESH POSITIONS ON THE EXCHANGE AND CLOSE ALL ITS OPEN POSITIONS FROM 10-MAY-2014

DIRECTED TO DEACTIVATE TRADING TERMINALS OF MEMBER UPON EXPIRY OF ALL OPEN CONTRACTS FROM 10-MAY-2014

25-APR-2014 		 
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
 
First Previous Next Last  
Page 41 of 42  

This website is not comprehensive and is being updated on a regular basis. Users are requested to carefully look at the formats and the information about the coverage period that appears on search results pages.

DISCLAIMER BY NSE

NSE is the co-sponsor of this website and supportive of the initiative taken for protection of interest of investors by Praxis Consulting & Information Services Pvt.Ltd. (PRAXIS), the creator of this website. However, NSE bear no responsibility for the views/information that is available on this website and as responsibility of the contents of this website solely rests with PRAXIS. NSE shall not be responsible for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to or reliance on any information available on this website. Investors/visitors of this website are also advised to read through the other general disclaimer(s) and terms and conditions available on this website before using the website.

Site designed and maintained by watchoutinvestors.com
© PRIME DATABASE GROUP 2004-2024
No part of this site may be reproduced without the explicit permission of the owners.

top