| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 221 |
|
J.M.FINANCIAL & INVESTMENTS CONSULTANCY SERVICES LTD.
|
|
|
DID NOT ADHERE TO SEBI TAKEOVER REGULATIONS, 1997
|
IMPOSED PENALTY RS.1,80,000
20-OCT-2000
|
SAT: IMPUGNED ORDER MODIFIED BY REDUCING PENALTY AMOUNT TO RS.1,00,000 FROM RS.1,80,000.APPEAL DISPOSED OFF
|
| 222 |
|
|
JAIN SECURITIES INTERNATIONAL LTD.
|
|
|
REGISTRATION EXPIRED
DID NOT APPLY FOR RENEWAL OF REGISTRATION
|
CANCELLED REGISTRATION AS MERCHANT BANKER FROM 31-DEC-1997
08-JAN-1998
|
|
| 223 |
|
|
JASMINE BATLIWALA
|
|
|
|
HSBC SECURITIES & CAPITAL MARKETS (INDIA) PVT.LTD.
|
|
VIOLATED SEBI TAKEOVER REGULATIONS IN CASE OF OPEN OFFER OF MODI RUBBER LTD.
|
NOT ACTED NEGLIGENTLY WARRANTING IMPOSITION OF PENALTY
09-DEC-2003
|
|
| 224 |
|
|
JAWA CAPITAL SERVICES PVT.LTD.
(PAN:AABCI4476N)
|
|
|
DID NOT EXERCISE DUE DILIGENCE, ENSURE PROPER CARE AND EXERCISE INDEPENDENT PROFESSIONAL JUDGEMENT IN RESPECT OF PUBLIC COMMUNICATION AS MANAGEMENT VIOLATING REGULATION 263 READ WITH CLAUSE 1 OF SCHEDULE IX OF SEBI (ICDR) REGULATIONS, 2018 AND REGULATION 13 READ WITH CLAUSES 1, 3, 4 AND 7 OF SCHEDULE III OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992 IN MATTER OF PUBLIC ISSUE OF ACCRETION PHARMACEUTICALS LTD.
|
IMPOSED PENALTY RS.1,00,000
07-JAN-2026
|
|
| 225 |
|
|
JAY VIJAY CORPORATE FINANCIAL SERVICES LTD.
|
|
|
REGISTRATION EXPIRED
DID NOT APPLY FOR RENEWAL OF REGISTRATION
|
CANCELLED REGISTRATION AS MERCHANT BANKER FROM 15-OCT-1998
27-NOV-1998
|
|
| 226 |
|
|
JAYANT N.PAREKH
|
|
|
|
PANTHER FINCAP & MANAGEMENT SERVICES LTD.
PAN:AAACP3045P
|
|
VIOLATED SEBI ACT, 1992
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 227 |
|
|
JAYANTILAL KHANDWALA & SONS PVT.LTD.
(PAN:AAACJ9403D)
(Along with : KHANDWALA SECURITIES LTD.)
|
|
|
MULTIPLE LEGAL PROCEEDINGS PENDING AGAINST THE COMPANY
|
REJECTED APPLICATION FOR REGISTRATION AS UNDERWRITER
11-OCT-2004
|
|
| 228 |
|
|
JDS CAPITAL MARKETS PVT.LTD.
|
|
|
REGISTRATION EXPIRED
DID NOT APPLY FOR RENEWAL OF REGISTRATION
|
CANCELLED REGISTRATION AS MERCHANT BANKER FROM 15-OCT-1998
27-NOV-1998
|
|
| 229 |
|
|
JINESHWAR FINANCIAL & CONSULTANCY SERVICES LTD.
|
|
|
REGISTRATION EXPIRED
DID NOT APPLY FOR RENEWAL OF REGISTRATION
|
CANCELLED REGISTRATION AS MERCHANT BANKER FROM 15-APR-1998
09-JUN-1998
|
|
| 230 |
|
|
JM FINANCIAL CONSULTANTS PVT.LTD.
|
|
|
ALLEGED FAILURE IN FOLLOWING CODE OF CONDUCT PRESCRIBED FOR MERCHANT BANKERS AS PER REGULATION 13 OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992
ALLEGED DEFAULT IN EXERCISING DUE DILIGENCE AND FURNISHING OF DUE DILIGENCE CERTIFICATE VIOLATING CLAUSES 5.1,5.3.3.1,11.3.5(V)(A) OF SEBI (DISCLOSURE AND INVESTOR PROTECTION) DIRECTIVES/INSTRUCTIONS/GUIDELINES 2000
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.4,00,000 VIDE CONSENT ORDER)
25-AUG-2009
|
|
| 231 |
|
|
JM FINANCIAL LTD.
(PAN:AAACJ2590B)
|
|
|
LOANS EXTENDED DISPROPORTIONATE TO DECLARED INCOME
IN CERTAIN LOAN DOCUMENTS THERE WAS REFERENCE TO MASTER LOAN AGREEMENT WITH FUTURE DATES
LACKED OF RECEIPT OF UPFRONT MARGIN FROM CERTAIN APPLICANTS
1016 APPLICANTS WHO HAD AVAILED FUNDING FROM JMFPL-NBFC NOT ONLY SOLD THE SECURITIES BACK TO JMFPL-NBFC BUT ALSO TRANSFERRED ENTIRE AMOUNT INCLUDING PRINCIPAL AMOUNT, ACCRUED INTEREST AND TRADING GAINS TO JMFPL-NBFC
|
BARRED FROM TAKING ANY NEW MANDATE FOR ACTING AS LEAD MANAGER FOR ANY PUBLIC ISSUE OF DEBT SECURITIES FROM 07-MAR-2024 UNTIL FURTHER ORDERS
07-MAR-2024
|
SEBI VIDE ITS ORDER DATED 20/06/2024 CONFIRMED THE DIRECTIONS ISSUED VIDE ITS INTERIM ORDER DATED 07/03/2024 DIRECTING NOT TO ACT AS LEAD MANAGER IN ANY PUBLIC ISSUE OF DEBT SECURITIES TILL 31/03/2025 OR SUCH OTHER DATE AS MAY BE SPECIFIED BY SEBI
|
| 232 |
|
|
JM MORGAN STANLEY PVT.LTD.
|
|
|
DID NOT EXERCISE DUE DILIGENCE IN PUBLIC ISSUE OF BALAJI TELEFILMS LTD.
VIOLATED OF CLAUSE 2 OF THE CODE OF CONDUCT LAID DOWN IN SCHEDULE III READ WITH REGULATION 13 OF SEBI (MERCHANT BANKERS) REGULATIONS 1992
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
14-MAY-2002
|
|
| 233 |
|
|
JM MORGAN STANLEY PVT.LTD.
|
|
|
DID NOT MAKE DISCLOSURE REGARDING OBJECTS OF THE ISSUE IN PUBLIC ANNOUNCEMENT
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
18-FEB-2005
|
|
| 234 |
|
|
JOLLY LEASING & FINSTOCK LTD.
|
|
|
|
HITESH CHOKSI
|
|
|
SANJAY CHOKSI
|
|
|
SHAILESH SWAMY
|
|
ACCEPTED APPLICATIONS ACCOMPANIED BY ANTE-DATED STOCKINVESTS AFTER CLOSURE OF ISSUE AND ALLOTED SHARES IN PUBLIC ISSUE OF ELVIS INDIA LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 30-SEP-2002 TO 29-SEP-2004
16-SEP-2002
|
|
| 235 |
|
|
K M CAPITAL LTD.
|
|
|
REGISTRATION EXPIRED
DID NOT APPLY FOR RENEWAL OF REGISTRATION
|
CANCELLED REGISTRATION AS MERCHANT BANKER FROM 31-DEC-1997
08-JAN-1998
|
|
| 236 |
|
|
K.BALAKRISHNAN
|
|
|
|
HSBC SECURITIES & CAPITAL MARKETS (INDIA) PVT.LTD.
|
|
VIOLATED SEBI TAKEOVER REGULATIONS IN CASE OF OPEN OFFER OF MODI RUBBER LTD.
|
NOT ACTED NEGLIGENTLY WARRANTING IMPOSITION OF PENALTY
09-DEC-2003
|
|
| 237 |
|
|
KALANI INDUSTRIES LTD.
|
|
|
REGISTRATION EXPIRED
DID NOT APPLY FOR RENEWAL OF REGISTRATION
|
CANCELLED REGISTRATION AS MERCHANT BANKER FROM 15-FEB-1998
20-AUG-1998
|
|
| 238 |
|
|
KAMDAR DESAI & PATEL
|
|
|
REGISTRATION EXPIRED
DID NOT APPLY FOR RENEWAL OF REGISTRATION
|
CANCELLED REGISTRATION AS MERCHANT BANKER FROM 15-DEC-1997
08-JAN-1998
|
|
| 239 |
|
|
KARN MERCHANT BANKERS LTD.
(PAN:AACCK6859L)
|
|
|
DID NOT EXERCISE DUE DILIGENCE RESULTED IN WRONG OR NON DISCLOSURE OF ACCURATE SHAREHOLDING VIOLATING REGULATION 13 OF MERCHANT BANKERS REGULATIONS READ WITH CLAUSES 4, 7, 10 AND 20 OF CODE OF CONDUCT OF MERCHANT BANKERS REGULATIONS, 1992
DID NOT SUBMIT BASIS LITIGATION DOCUMENTS AND OTHER SUPPORTING DOCUMENTS SEEKING CLARIFICATION/EXPLANATION FROM ISSUER VIOLATING REGULATION 14(1) (E) OF MERCHANT BANKERS REGULATIONS, 1992
DID NOT EXERCISE DUE DILIGENCE RESULTED IN WRONG OR NON DISCLOSURE OF ACCURATE SHAREHOLDING VIOLATING REGULATION 64(1) OF MERCHANT BANKERS REGULATIONS, 1992
|
IMPOSED PENALTY RS.25,00,000
29-DEC-2017
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
SEBI VIDE ITS NOTICE DATED 21/07/2025 DIRECTED TO PAY RS.48,01,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 21/07/2025 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED
|
| 240 |
|
|
KARNATAKA FINANCIAL SERVICES LTD.
|
|
|
DID NOT APPLY FOR RENEWAL OF REGISTRATION
REGISTRATION EXPIRED
|
CANCELLED REGISTRATION AS MERCHANT BANKER FROM 31-AUG-1998
06-OCT-1998
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
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| Page 12 of 25
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