| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 241 |
|
KARTIK KIRTIKUMAR PAREKH
(DIN:00009502)
|
|
|
|
CLASSIC CREDIT LTD.
PAN:AABCC4018N
|
|
|
CLASSIC SHARE & STOCK BROKING SERVICES LTD.
CIN:U67120WB1993PLC060799
(Member : BSE)
|
|
|
NH SECURITIES LTD.
PAN:AAACS7140Q
(Member : NSE)
|
|
|
PANTHER FINCAP & MANAGEMENT SERVICES LTD.
PAN:AAACP3045P
|
|
|
PANTHER INVESTRADE LTD.
PAN:AAACP3259R
|
|
|
TRIUMPH SECURITIES LTD.
PAN:AAACT2152P
(Member : BSE)
|
|
INDULGED IN PRICE MANIPULATION IN SCRIP OF GLOBAL TRUST BANK LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF GLOBAL TRUST BANK LTD.
PARKED SHARES TO CIRCUMVENT SEBI TAKEOVER CODE, 1997
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 06-JUN-2003 TILL INVESTIGATIONS COMPLETED
06-JUN-2003
|
|
| 242 |
|
|
KARTIK KIRTIKUMAR PAREKH
(DIN:00009502)
|
|
|
|
ADANI AGRO PVT.LTD.
|
|
|
ADANI IMPEX PVT.LTD.
CIN:U51100GJ1998PTC034758
|
|
|
ADANI PROPERTIES PVT.LTD.
|
|
|
CLASSIC CREDIT LTD.
PAN:AABCC4018N
|
|
|
CLASSIC INFIN LTD.
|
|
|
CLASSIC SHARE & STOCK BROKING SERVICES LTD.
CIN:U67120WB1993PLC060799
(Member : BSE/NSE/CSE/OTC)
|
|
|
NH SECURITIES LTD.
PAN:AAACS7140Q
(Member : BSE/NSE)
|
|
|
PANTHER FINCAP & MANAGEMENT SERVICES LTD.
PAN:AAACP3045P
|
|
|
PANTHER INVESTRADE LTD.
PAN:AAACP3259R
|
|
|
SAIMANGAL INVESTRADE LTD.
PAN:AABCS4255R
|
|
|
TRIUMPH INTERNATIONAL FINANCE INDIA LTD.
PAN:AAACE0308A
|
|
VIOLATED SEBI (PFUTP) REGULATIONS, 1995
VIOLATED SECTION 24 (1) OF SEBI ACT, 1992
VIOLATED SEBI ACT, 1992
VIOLATED SECTION 27 OF SEBI ACT, 1992
VIOLATED SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 1992
|
PROSECUTION LAUNCHED
15-MAY-2006
|
DISMISSED
ACCUSED NO.2 KARTIK KIRTIKUMAR PAREKH AND ACCUSED NO.5 KETAN VINAYCHANDRA PAREKH RESPECTIVELY ARE HEREBY HELD GUILTY ARE HEREBY SENTENCED TO UNDERGO RIGOROUS IMPRISONMENT FOR THREE YEARS AND SHALL FURTHER PAY A FINE OF RS.5,00,000.00 EACH ACCUSED NO.3 NAVINCHANDRA NARBHERAM PAREKH AND ACCUSED NO.4 KIRTIKUMAR NARBHERAM PAREKH ARE HEREBY ACQUITTED
|
| 243 |
|
|
KARVY INVESTOR SERVICES LTD.
(PAN:AABCK2424J)
|
|
|
DID NOT ISSUE CORRIGENDUM FOR RECTIFYING ALL ERRORS IN OFFER DOCUMENT OF PUBLIC ISSUE OF NCDS OF KOSAMATTAM FINANCE LTD. VIOLATING CLAUSE 4 OF SCHEDULE III CODE OF CONDUCT READ WITH REGULATION 13 OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992
DELAY IN SUBMISSION OF CORRIGENDUM TO THE OFFER DOCUMENT TO STOCK EXCHANGE IN PUBLIC ISSUE OF NCDS OF KOSAMATTAM FINANCE LTD. VIOLATING OF CLAUSE 4 OF SCHEDULE III CODE OF CONDUCT READ WITH REGULATION 13 OF OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992
|
IMPOSED PENALTY RS.5,00,000 ALONG WITH OTHER ENTITIES/PERSONS
31-JUL-2023
|
|
| 244 |
|
|
KARVY INVESTOR SERVICES LTD.
(PAN:AABCK2424J)
|
|
|
DID NOT HAVE NECESSARY INFRASTRUCTURE AND MANPOWER TO DISCHARGE ITS ACTIVITIES AS A MERCHANT BANKER VIOLATED REGULATION 6(AA) OF SEBI (MERCHANT BANKER) REGULATIONS, 1992
INVOLVED IN LITIGATION CONNECTED WITH SECURITIES MARKET VIOLATING REGULATION 6(E) OF SEBI (MERCHANT BANKER) REGULATIONS, 1992
DID NOT PAY RENEWAL FEE FOR BLOCK DECEMBER, 2022 TO DECEMBER, 2025 AS PRESCRIBED UNDER REGULATION 12(1) OF SEBI (MERCHANT BANKER) REGULATIONS, 1992
|
PROHIBITED FROM TAKING UP ANY NEW CLIENTS OR ASSIGNMENTS AS A MERCHANT BANKER FROM 27-APR-2023 UNTIL FURTHER ORDERS
27-APR-2023
|
|
| 245 |
|
|
KARVY INVESTOR SERVICES LTD.
(PAN:AABCK2424J)
|
|
|
DID NOT HAVE NECESSARY INFRASTRUCTURE AND MANPOWER TO DISCHARGE ITS ACTIVITIES AS A MERCHANT BANKER VIOLATED REGULATION 6(AA) OF SEBI (MERCHANT BANKER) REGULATIONS, 1992
DID NOT HAVE IN EMPLOYMENT TWO PERSONS WITH EXPERIENCE TO CONDUCT BUSINESS OF MERCHANT BANKER VIOLATING REGULATIONS 6(AA) AND 6(B) OF SEBI (MERCHANT BANKER) REGULATIONS, 1992
INVOLVED IN LITIGATION CONNECTED WITH SECURITIES MARKET VIOLATING REGULATION 6(E) OF SEBI (MERCHANT BANKER) REGULATIONS, 1992
DID NOT PAY RENEWAL FEE FOR BLOCK DECEMBER, 2022 TO DECEMBER, 2025 AS PRESCRIBED UNDER REGULATION 12(1) OF SEBI (MERCHANT BANKER) REGULATIONS, 1992
|
CANCELLED REGISTRATION AS MERCHANT BANKER FROM 28-MAR-2024
28-MAR-2024
|
|
| 246 |
|
|
KERALA STATE INDUSTRIAL DEVELOPMENT CORP.LTD.
|
|
|
REGISTRATION EXPIRED
DID NOT APPLY FOR RENEWAL OF REGISTRATION
|
CANCELLED REGISTRATION AS MERCHANT BANKER FROM 31-DEC-1997
08-JAN-1998
|
|
| 247 |
|
|
KETAN VINAYCHANDRA PAREKH
(DIN:00009468
PAN:AADPP1505A)
|
|
|
|
CLASSIC CREDIT LTD.
PAN:AABCC4018N
|
|
|
CLASSIC SHARE & STOCK BROKING SERVICES LTD.
CIN:U67120WB1993PLC060799
(Member : BSE)
|
|
|
KNP SECURITIES LTD.
(Member : BSE)
|
|
|
LUMINANT INVESTMENTS PVT.LTD.
PAN:AAACL0834A
|
|
|
NH SECURITIES LTD.
PAN:AAACS7140Q
(Member : NSE)
|
|
|
PANTHER FINCAP & MANAGEMENT SERVICES LTD.
PAN:AAACP3045P
|
|
|
PANTHER INVESTRADE LTD.
PAN:AAACP3259R
|
|
|
TRIUMPH SECURITIES LTD.
PAN:AAACT2152P
(Member : BSE)
|
|
INDULGED IN PRICE MANIPULATION IN SCRIP OF GLOBAL TRUST BANK LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF GLOBAL TRUST BANK LTD.
PARKED SHARES TO CIRCUMVENT SEBI TAKEOVER CODE, 1997
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 06-JUN-2003 TILL INVESTIGATIONS COMPLETED
06-JUN-2003
|
|
| 248 |
|
|
KETAN VINAYCHANDRA PAREKH
(DIN:00009468
PAN:AADPP1505A)
|
|
|
|
ADANI AGRO PVT.LTD.
|
|
|
ADANI EXPORTS LTD.
|
|
|
ADANI IMPEX PVT.LTD.
CIN:U51100GJ1998PTC034758
|
|
|
ADANI PROPERTIES PVT.LTD.
|
|
|
CHITRAKUT COMPUTERS PVT.LTD.
PAN:AABCC1122B
|
|
|
CLASSIC CREDIT LTD.
PAN:AABCC4018N
|
|
|
CLASSIC INFIN LTD.
|
|
|
CLASSIC SHARE & STOCK BROKING SERVICES LTD.
CIN:U67120WB1993PLC060799
(Member : BSE/NSE/CSE/OTC)
|
|
|
LUMINANT INVESTMENTS PVT.LTD.
PAN:AAACL0834A
|
|
|
NH SECURITIES LTD.
PAN:AAACS7140Q
(Member : BSE/NSE)
|
|
|
PANTHER FINCAP & MANAGEMENT SERVICES LTD.
PAN:AAACP3045P
|
|
|
PANTHER INVESTRADE LTD.
PAN:AAACP3259R
|
|
|
SAIMANGAL INVESTRADE LTD.
PAN:AABCS4255R
|
|
|
TRIUMPH INTERNATIONAL FINANCE INDIA LTD.
PAN:AAACE0308A
|
|
VIOLATED SEBI ACT, 1992
VIOLATED SEBI (PFUTP) REGULATIONS, 1995
VIOLATED SECTION 24 (1) OF SEBI ACT, 1992
VIOLATED SECTION 27 OF SEBI ACT, 1992
VIOLATED SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 1992
|
PROSECUTION LAUNCHED
15-MAY-2006
|
DISMISSED
ACCUSED NO.2 KARTIK KIRTIKUMAR PAREKH AND ACCUSED NO.5 KETAN VINAYCHANDRA PAREKH RESPECTIVELY ARE HEREBY HELD GUILTY ARE HEREBY SENTENCED TO UNDERGO RIGOROUS IMPRISONMENT FOR THREE YEARS AND SHALL FURTHER PAY A FINE OF RS.5,00,000.00 EACH ACCUSED NO.3 NAVINCHANDRA NARBHERAM PAREKH AND ACCUSED NO.4 KIRTIKUMAR NARBHERAM PAREKH ARE HEREBY ACQUITTED
|
| 249 |
|
|
KEYNOTE CORPORATE SERVICES LTD.
(PAN:AAACK3234D)
|
|
|
ALLEGED FAILURE IN EXERCISING DUE DILIGENCE, PROPER CARE AND INDEPENDENT PROFESSIONAL JUDGEMENT IN PUBLIC ISSUE OF CONSORTEX KARL DOELITZSCH (INDIA) LTD.VIOLATING CLAUSE 2 OF CODE OF CONDUCT FOR MERCHANT BANKERS AS SPECIFIED IN SCHEDULE III READ WITH REGULATION 13 OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.5,00,000 VIDE CONSENT ORDER)
31-OCT-2012
|
|
| 250 |
|
|
KEYNOTE CORPORATE SERVICES LTD.
(PAN:AAACK3234D)
|
|
|
ALLEGED FAILURE IN EXERCISING DUE SKILL, CARE AND DILIGENCE WHILE DEALING IN RIGHTS-CUM-PUBLIC ISSUE OF MAJESTIC INDUSTRIES LTD.
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.5,00,000 VIDE CONSENT ORDER)
15-FEB-2010
|
|
| 251 |
|
|
KEYNOTE CORPORATE SERVICES LTD.
(PAN:AAACK3234D)
|
|
|
ALLEGED FAILURE IN EXERCISING DUE DILIGENCE AS POST-ISSUE LEAD MANAGER IN IPO OF NISSAN COPPER LTD.
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.1,00,000, ADMINISTRATION CHARGES RS.25,000 VIDE CONSENT ORDER)
09-APR-2009
|
|
| 252 |
|
|
KEYNOTE CORPORATE SERVICES LTD.
(PAN:AAACK3234D)
|
|
|
COMMITTED IRREGULARITIES IN PUBLIC ISSUE OF MAHA CHEMICALS LTD.
|
SUSPENDED REGISTRATION AS MERCHANT BANKER FROM 16-OCT-2003 TO 15-DEC-2003
26-SEP-2003
|
SAT: ORDER MODIFIED WITH NO ORDER AS TO COSTS
|
| 253 |
|
|
KEYNOTE CORPORATE SERVICES LTD.
(PAN:AAACK3234D)
|
|
|
DID NOT EXERCISE DUE DILIGENCE WHILE ACTING AS BRLM IN IPO OF EDSERV SOFTSYSTEMS LTD.VIOLATING CLAUSES 5.1 (5.1.1 AND 5.1.2), 5.3.3.2 (II) UNDER CHAPTER V OF SEBI (DIP) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2000 READ WITH REGULATION 111 OF SEBI (ICDR) REGULATIONS, 2009
|
IMPOSED PENALTY RS.10,00,000
31-JAN-2012
|
SAT: APPEAL DISMISSED. NO COSTS
|
| 254 |
|
|
KEYNOTE CORPORATE SERVICES LTD.
(PAN:AAACK3234D)
|
|
|
PARTICIPATED ACTIVELY IN THE SCHEME WITH INTENTION TO SECURE MINIMUM SUBSCRIPTION TO THE ISSUE WHICH OPERATED AS FRAUD UPON INVESTING PUBLIC VIOLATING REGULATION 3(B), (C), (D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 READ WITH SECTION 12A (B) OF SEBI ACT, 1992 IN THE MATTER OF IPO OF EMMBI POLYARNS LTD.(NOW KNOWN AS EMMBI INDUSTRIES LTD.)
PARTICIPATED ACTIVELY IN THE SCHEME WITH INTENTION TO SECURE MINIMUM SUBSCRIPTION TO THE ISSUE WHICH OPERATED AS FRAUD UPON INVESTING PUBLIC VIOLATING CLAUSES 1, 2, 11, 12, 32(A) AND (B) OF CODE OF CONDUCT FOR MERCHANT BANEKRS SPECIFIED IN SCHEDULE III OF REGULATION 13 OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992 IN THE MATTER OF IPO OF EMMBI POLYARNS LTD. (NOW KNOWN AS EMMBI INDUSTRIES LTD.)
|
PROHIBITED FROM TAKING UP ANY NEW CLIENTS OR ASSIGNMENTS AS A MERCHANT BANKER FROM 27-APR-2016 TO 26-MAY-2016
06-APR-2016
|
|
| 255 |
|
|
KHANDWALA SECURITIES LTD.
(PAN:AAACK2214P)
(Member : BSE/NSE)
|
|
|
ALLEGED INDULGENCE IN IRREGULAR TRANSACTIONS VIOLATING REGULATIONS 4(B) (C) AND (D) OF SEBI (PFUTP) REGULATIONS, 2003 IN SCRIP OF DSQ SOFTWARE LTD.
ALLEGED FAILURE IN EXERCISING DUE SKILL, CARE & DILIGENCE, INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(2) TO A(4) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF DSQ SOFTWARE LTD.
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.40,00,000 VIDE CONSENT ORDER)
15-SEP-2009
|
|
| 256 |
|
|
KHANDWALA SECURITIES LTD.
(PAN:AAACK2214P)
|
|
|
DID NOT PROVIDE NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS VIOLATING REGULATION 28(V) OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992 IN MATTER OF PUBLIC ISSUE OF SAKUMA EXPORTS LTD.
|
IMPOSED PENALTY RS.2,00,000
09-AUG-2010
|
|
| 257 |
|
|
KHANDWALA SECURITIES LTD.
(PAN:AAACK2214P)
(Along with : JAYANTILAL KHANDWALA & SONS PVT.LTD.,
PRABHUDAS LILLADHER PVT.LTD.)
|
|
|
|
AJAY PURI
|
|
|
PARESH J.KHANDWALA
|
|
MULTIPLE LEGAL PROCEEDINGS PENDING AGAINST THE COMPANY
|
REJECTED APPLICATION FOR REGISTRATION AS UNDERWRITER
11-OCT-2004
|
|
| 258 |
|
|
KHIMJI KUNVERJI & CO.
|
|
|
REGISTRATION EXPIRED
DID NOT APPLY FOR RENEWAL OF REGISTRATION
|
CANCELLED REGISTRATION AS MERCHANT BANKER FROM 15-DEC-1997
08-JAN-1998
|
|
| 259 |
|
|
KHYATI MANAGEMENT & FINANCIAL SERVICES LTD.
(CIN:U65920MH1993PTC073272)
|
|
|
REGISTRATION EXPIRED
DID NOT APPLY FOR RENEWAL OF REGISTRATION
|
CANCELLED REGISTRATION AS MERCHANT BANKER FROM 15-DEC-1997
08-JAN-1998
|
|
| 260 |
|
|
KIRTIKUMAR NARBHERAM PAREKH
(DIN:00009494)
|
|
|
|
CLASSIC CREDIT LTD.
PAN:AABCC4018N
|
|
|
KNP SECURITIES LTD.
(Member : BSE)
|
|
|
NH SECURITIES LTD.
PAN:AAACS7140Q
(Member : NSE)
|
|
|
PANTHER FINCAP & MANAGEMENT SERVICES LTD.
PAN:AAACP3045P
|
|
|
PANTHER INVESTRADE LTD.
PAN:AAACP3259R
|
|
INDULGED IN PRICE MANIPULATION IN SCRIP OF GLOBAL TRUST BANK LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF GLOBAL TRUST BANK LTD.
PARKED SHARES TO CIRCUMVENT SEBI TAKEOVER CODE, 1997
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 06-JUN-2003 TILL INVESTIGATIONS COMPLETED
06-JUN-2003
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 13 of 25
|
