| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 61 |
|
SAHARA ASSET MANAGEMENT CO.PVT.LTD.
(PAN:AAACF1696A)
|
|
|
NOT A FIT & PROPER PERSON TO ACT AS PORTFOLIO MANAGER
|
REJECTED APPLICATION FOR RENEWAL OF REGISTRATION AS PORTFOLIO MANAGER
DIRECTED NOT TO TAKE NEW CLIENTS IN BUSINESS OF PORTFOLIO MANAGER
CANCELLED REGISTRATION AS PORTFOLIO MANAGER
27-FEB-2015
|
SEBI VIDE ITS ORDER DATED 30/12/2015 REJECTED THE APPLICATION FOR RECONSIDERATION
|
| 62 |
|
|
SCIENT CAPITAL PVT.LTD.
(PAN:AAWCS3001J)
|
|
|
DID NOT MAINTAIN MINIMUM NETWORTH
SUBMITTED INCORRECT AND MISLEADING COMPLIANCE REPORT
DID NOT HAVE VALID NCFM/NISM CERTIFICATE
|
DIRECTED TO ADHERE TO REGULATORY REQUIREMENTS WITH RESPECT TO MAINTENANCE OF MINIMUM NET WORTH WITH FIFTEEN DAYS FROM DATE OF ORDER
RESTRAINED FROM TAKING UP/ONBOARDING ANY NEW CLIENTS FROM 17-FEB-2025 TILL MEETS APPLICABLE NET WORTH REQUIREMENT
PROHIBITED FROM ACCEPTING ADDITIONAL FUNDS OR SECURITIES FROM ITS EXISTING CLIENTS FROM 17-FEB-2025 TILL MEETS APPLICABLE NET WORTH REQUIREMENT
17-FEB-2025
|
|
| 63 |
|
|
SHANKAR SHARMA
|
|
|
|
FIRST GLOBAL STOCKBROKING PVT.LTD.
PAN:AAACF0661K
(Member : NSE)
|
|
|
VRUDDHI CONFINVEST INDIA PVT.LTD.
|
|
ARTIFICIALLY DEPRESSED PRICES OF SPECIFIED SCRIPS
VIOLATED SEBI ACT, RULES & REGULATIONS
VIOLATED SEBI CODE OF CONDUCT
|
DEBARRED FROM UNDERTAKING FRESH BUSINESS AS SUB BROKER FROM 25-MAY-2001 TILL PENDING ENQUIRY
DEBARRED FROM UNDERTAKING FRESH BUSINESS AS STOCK BROKER FROM 25-MAY-2001 TILL PENDING ENQUIRY
DEBARRED FROM UNDERTAKING FRESH BUSINESS AS PORTFOLIO MANAGER FROM 25-MAY-2001 TILL PENDING ENQUIRY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 25-MAY-2001 TILL PENDING ENQUIRY
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 25-MAY-2001 TILL PENDING ENQUIRY
25-MAY-2001
|
SAT: APPEAL DISMISSED
RESTRAINED FROM BUYING, SELLING OR DEALING IN SECURITIES AND FROM ACCESSING IN SECURITIES MARKET IN ANY MANNER FOR A PERIOD OF ONE YEAR I.E. 12/03/2009
SAT: PRAYER FOR INTERIM STAY GRANTED EARLIER MAY BE ALLOWED TO CONTINUE FOR SOME MORE TIME DECLINED AND DISMISSED, AS PER ORDER DATED 19/03/2010
SAT: APPEAL FAILED AND DISMISSED LEAVING PARTIES TO BEAR THEIR OWN COSTS
SAT: REVIEW APPLICATION DATED 13/07/2010 DISMISSED VIDE ORDER DATED 13/07/2010
|
| 64 |
|
|
SHANKAR SHARMA
|
|
|
|
FIRST GLOBAL STOCKBROKING PVT.LTD.
PAN:AAACF0661K
(Member : NSE/BSE)
|
|
|
VRUDDHI CONFINVEST INDIA PVT.LTD.
(Sub-Broker of FIRST GLOBAL STOCK BROKING PVT.LTD., Member : BSE)
|
|
ARTIFICIALLY DEPRESSED PRICES OF SPECIFIED SCRIPS
VIOLATED SEBI CODE OF CONDUCT
ARTIFICIALLY DEPRESSED PRICES OF SELECT SCRIPS DURING MID FEBRUARY AND EARLY MARCH 2001
|
CANCELLED REGISTRATION AS PORTFOLIO MANAGER
CANCELLED REGISTRATION AS STOCK BROKER FROM 12-SEP-2002
12-SEP-2002
|
SAT: IMPUGNED ORDER SET ASIDE WITH NO ORDER AS TO COSTS
SAT: DIRECTED APPLICANT TO MAKE FRESH APPLICATION FOR REGISTRATION AS PORTFOLIO MANAGER
|
| 65 |
|
|
SMIFS CAPITAL MARKETS LTD.
(Along with : WEALTH MANAGEMENT ADVISORY SERVICES LTD.)
|
|
|
DISCIPLINARY ACTION TAKEN/PENDING AGAINST THE COMPANIES CONNECTED WITH THE APPLICANT
|
REJECTED APPLICATION FOR REGISTRATION AS PORTFOLIO MANAGER
18-JUN-2004
|
|
| 66 |
|
|
SMIFS CAPITAL SERVICES LTD.
(Along with : WEALTH MANAGEMENT ADVISORY SERVICES LTD.)
|
|
|
DISCIPLINARY ACTION TAKEN/PENDING AGAINST THE COMPANIES CONNECTED WITH THE APPLICANT
|
REJECTED APPLICATION FOR REGISTRATION AS PORTFOLIO MANAGER
18-JUN-2004
|
|
| 67 |
|
|
SMIFS SECURITIES LTD.
(Along with : WEALTH MANAGEMENT ADVISORY SERVICES LTD.)
|
|
|
DISCIPLINARY ACTION TAKEN/PENDING AGAINST THE COMPANIES CONNECTED WITH THE APPLICANT
|
REJECTED APPLICATION FOR REGISTRATION AS PORTFOLIO MANAGER
18-JUN-2004
|
|
| 68 |
|
|
SURJIT S.BHALLA
|
|
|
|
OXUS INVESTMENTS PVT.LTD.
|
|
INDULGED IN ACTIVITY OF PORTFOLIO MANAGER WITHOUT SEBI REGISTRATION
|
IMPOSED PENALTY RS.2,00,000 ALONG WITH OTHER ENTITIES/PERSONS
30-DEC-2004
|
|
| 69 |
|
|
TRIUMPH INTERNATIONAL FINANCE INDIA LTD.
(PAN:AAACE0308A)
(Member : NSE)
|
|
|
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 31-DEC-2002 TILL INVESTIGATION COMPLETED
31-DEC-2002
|
|
| 70 |
|
|
VIKAS RAJPAL
(PAN:BDOPR9829J)
|
|
|
|
KARVY STOCK BROKING LTD.
PAN:AABCK5190K
|
|
DID NOT APPOINT QUALIFIED OR EXPERIENCED PRINCIPAL OFFICER
MADE CONTRARY PROVISIONS WITH REGARD TO PLACEMENT FEE IN DISCLOSURE DOCUMENT
DID NOT SUBMIT PORTFOLIO MANAGEMENT AGREEMENT WITH REGARD TO OUTSOURCING OF CORE ACTIVITIES
DID NOT MAINTAIN UNIFORMITY IN PROVISIONS FOR TERMINATION OF AGREEMENT WITH
CLIENTS
DID NOT PROVIDE DETAILS OF PENALTIES, PENDING LITIGATION OR PROCEEDINGS, FINDINGS OF INSPECTION OR INVESTIGATIONS FOR WHICH ACTION HAD BEEN TAKEN OR INITIATED BY ANY REGULATORY AUTHORITY
DID NOT KEEP OPEN POSITION IN RESPECT OF ALLOCATION OF SALES OR PURCHASES EFFECTED IN DAY
DID NOT RECTIFY DEFICIENCIES MENTIONED IN AUDITOR’S REPORT
DID NOT MAINTAIN AND PROVIDE PROPER INFORMATION OF REDRESSAL OF COMPLAINTS
|
IMPOSED PENALTY RS.4,00,000
15-NOV-2022
|
SAT: SAT VIDE ITS ORDER DATED 02/03/2023 CONDONED THE DELAY IN FILING OF APPEAL. RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER
SEBI VIDE ITS NOTICE DATED 14/12/2023 DIRECTED TO PAY RS.4,57,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SAT: SAT VIDE ITS ORDER DATED 01/12/2023 DISMISSED THE APPEAL FOR WANT OF PROSECUTION
SAT: SAT VIDE ITS ORDER DATED 18/10/2024 ALLOWED THE APPEAL AND QUASHED IMPUGNED ORDER DATED 15/11/2022. NO COSTS
SEBI VIDE ITS NOTICE DATED 07/11/2024 CANCELLED RECOVERY CERTIFICATE AS PER SAT ORDER DATED 18/10/2024
|
| 71 |
|
|
VINIYOG PORTFOLIO MANAGEMENT SERVICES
|
|
|
|
BHASKAR KUMAR MUKHERJEE
|
|
LURED LARGE NUMBER OF UNSUSPECTING INVESTORS OF EASTERN REGION BY ASSURING THEM HIGH RETURNS
INDULGED IN ACTIVITY OF PORTFOLIO MANAGER WITHOUT SEBI REGISTRATION
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 01-FEB-2006
DEBARRED FROM ACTING AS UN-REGISTERED PORTFOLIO MANAGER FROM 01-FEB-2006
DEBARRED FROM PUBLISHING ADVERTISEMENTS LURING INVESTORS TO INVEST IN SECURITIES MARKET FROM 01-FEB-2006
01-FEB-2006
|
|
| 72 |
|
|
VINIYOG,M/S
|
|
|
|
BHASKAR KUMAR MUKHERJEE
|
|
LURED LARGE NUMBER OF UNSUSPECTING INVESTORS OF EASTERN REGION BY ASSURING THEM HIGH RETURNS
INDULGED IN ACTIVITY OF PORTFOLIO MANAGER WITHOUT SEBI REGISTRATION
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 01-FEB-2006
DEBARRED FROM ACTING AS UN-REGISTERED PORTFOLIO MANAGER FROM 01-FEB-2006
DEBARRED FROM PUBLISHING ADVERTISEMENTS LURING INVESTORS TO INVEST IN SECURITIES MARKET FROM 01-FEB-2006
01-FEB-2006
|
|
| 73 |
|
|
WEALTH MANAGEMENT ADVISORY SERVICES LTD.
(Along with : LAND LEASE CO.(INDIA) LTD.,
SMIFS CAPITAL MARKETS LTD.,
SMIFS CAPITAL SERVICES LTD.,
SMIFS SECURITIES LTD.)
|
|
|
|
KISHORE SHAH
|
|
|
MAYANK KHEMKA
|
|
|
R.SREESANKAR
|
|
DISCIPLINARY ACTION TAKEN/PENDING AGAINST THE COMPANIES CONNECTED WITH THE APPLICANT
|
REJECTED APPLICATION FOR REGISTRATION AS PORTFOLIO MANAGER
18-JUN-2004
|
|
| 74 |
|
|
WEALTH MANAGEMENT ADVISORY SERVICES LTD.
|
|
|
DISCIPLINARY ACTION TAKEN/PENDING AGAINST THE COMPANIES CONNECTED WITH THE APPLICANT
|
REJECTED APPLICATION FOR REGISTRATION AS PORTFOLIO MANAGER
09-SEP-2004
|
|
| 75 |
|
|
ZURICH ASSET MANAGEMENT CO.(INDIA) PVT.LTD.
|
|
|
SURRENDERED CERTIFICATE OF REGISTRATION
|
CANCELLED REGISTRATION AS PORTFOLIO MANAGER
11-SEP-2003
|
|
| 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 4 of 4
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