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

SOURCE OF INFORMATION : SECURITIES AND EXCHANGE BOARD OF INDIA WEBSITE – PRESS RELEASES/ CHAIRMAN’S AND MEMBER’S ORDERS / AO ORDERS/ SAT ORDERS/ NEWSPAPER ADS
UPDATED TILL : 21-NOV-2024

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.

CDSL DEPOSITORY PARTICIPANTS: COMMITTED IRREGULARITIES IN CONTRACT NOTES

S.No. ENTITY PERSONS REGULATORY CHARGES REGULATORY ACTION(S) / DATE OF ORDER FURTHER DEVELOPMENTS
1 
History of entity/person ANAND RATHI FINANCIAL SERVICES LTD.

(PAN:AABCA3577G)   (Depository Participant : CDSL)
  DEFICIENCIES IN MEMBER-CLIENT AGREEMENTS

DID NOT DELIVER SECURITIES TO CLIENTS IN TIME

DISCREPANCIES IN PROCESSING OF DELIVERY INSTRUCTION SLIP

DEFAULTED IN DELIVERY OF CONTRACT NOTES IN RESPECT OF BOUNCED ELECTRONIC CONTRACT NOTES

DID NOT HAVE ADEQUATE SYSTEM IN PLACE TO CHECK RECEIPT OF THIRD PARTY CHEQUES  		IMPOSED PENALTY RS.5,00,000

30-NOV-2011
2 
History of entity/person INVENTURE GROWTH & SECURITIES LTD.   (Depository Participant : CDSL)
  DID NOT MAINTAIN SEGREGATION BETWEEN OWN FUNDS AND CLIENTS FUNDS & SECURITIES

MISUSED PLEDGING OF CLIENT’S SECURITIES

DID NOT SETTLE CLIENT’S FUNDS AND/OR SECURITIES

MADE INCORRECT REPORTING OF MARGIN

FUNDED CLIENTS OUTSIDE OF MARGIN TRADING FACILITY BEYOND T+2+5 DAYS

DID NOT ISSUE CONTRACT NOTES

CHARGED EXCESS BROKERAGE

DID NOT UPLOAD KNOW YOUR CLIENTS (KYC) DOCUMENTS TO KRA PROCESSES

DID NOT UPDATE CLIENTS EMAIL IDS AND MOBILE NUMBERS

DISCREPANCIES IN NETWORTH REPORTED TO STOCK EXCHANGE

MADE INCORRECT AND/OR DID NOT REPORT ENHANCED SUPERVISION OF DATA TO STOCK EXCHANGES  		IMPOSED PENALTY RS.10,00,000

17-NOV-2020
3 
History of entity/person NNM SECURITIES PVT.LTD.

(PAN:AAACN8070G)   (Depository Participant : CDSL)
  MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS

MADE INCORRECT AND/OR DID NOT REPORT ENHANCED SUPERVISION OF DATA TO STOCK EXCHANGES

USED CLIENT FUNDS FOR PROPRIETARY MTM PAY-IN OBLIGATION IN F&O SEGMENT

DID NOT FOLLOW NORMS FOR NOMENCLATURE OF ACCOUNTS

DID NOT PERFORM PERIODIC RECONCILIATION OF BACK OFFICE HOLDINGS OF CLIENT’S SECURITIES WITH ACTUAL STOCKS LYING IN DP ACCOUNTS

DID NOT MAINTAIN STOCK MISMATCH ALERT

DID NOT SETTLE RUNNING ACCOUNTS OF ACTIVE AND/OR INACTIVE CLIENTS

MADE INCORRECT REPORTING OF MARGIN

DID NOT FETCH KYC DETAILS FROM KRA

DID NOT HAVE CALL RECORDING SYSTEM FOR PREVENTION OF UNAUTHORIZED TRADING

MADE INCORRECT REPORTING OF CASH AND CASH EQUIVALENT BALANCE

MADE INCORRECT REPORTING OF BANK ACCOUNT BALANCES

MADE INCORRECT REPORTING OF RISK-BASED SUPERVISION OF DATA TO STOCK EXCHANGES

MAPPED SINGLE EMAIL ID AND MOBILE NUMBER FOR MULTIPLE CLIENTS

DID NOT CLOSE EXCHANGE LEVEL ALERTS

DISPLAY BOARD OF AUTHORISED PERSON WITH ADDRESS AT THE OFFICE NOT FOUND

DISPLAY BOARD OF AUTHORISED PERSON WITH ADDRESS OUTSIDE FLAT AT THE ADDRESS REGISTERED WITH EXCHANGE NOT FOUND

PROVIDED EXPOSURE TO CLIENTS EVEN BEFORE CHEQUES GOT CLEARED

MADE INCORRECT REPORTING OF TRADING OF DEMAT ACCOUNTS TO STOCK EXCHANGE

DID NOT UPDATE NAME OF COMPLIANCE OFFICER IN STOCK EXCHANGE RECORD

DELAY IN COMPLIANCE OF CYBER SECURITY AND CYBER RESILIENCE

FORGED AND BACK-DATED HOLDING STATEMENTS, FORGED AND MANUFACTURED ARTIFICIAL LEDGER STATEMENTS, HOLDING STATEMENTS PURPORTEDLY SIGNED IN 2021 BEFORE IT WAS EVEN PRINTED IN OCTOBER 2022

DID NOT ISSUE CONTRACT NOTES

MISMATCHIN LIST OF TERMINALS IN EXCHANGE RECORDS AND/OR MISMATCH IN LOGIN IDS  		IMPOSED PENALTY RS.20,00,000

22-FEB-2024 		SAT: SAT VIDE ITS ORDER DATED 07/03/2024 CONDONED THE DELAY IN FILING OF APPEAL. ALLOWED RESPONDENT THREE WEEKS TO FILE REPLY AND REJOINDER TO BE FILED THREE WEEKS THEREAFTER

SEBI VIDE ITS NOTICE DATED 29/04/2024 DIRECTED TO PAY RS.20,61,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE

SAT: SAT VIDE ITS ORDER DATED 17/05/2024 CONDONED THE DELAY IN FILING OF REPLY AND GRANTED FOUR WEEKS APPELLANT TO FILE REJOINDER. IN THE MEANWHILE, STAYED THE PENALTY SUBJECT TO DEPOSIT RS.10 LAC OR MORE WITH SEBI WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.

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