| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
AARYA EQUITY (INDIA) PVT.LTD.
(CIN:U67110MH2006PTC159630
PAN:AAJCS6306H)
(Depository Participants : CDSL)
|
|
|
NO LONGER A PARTICIPANT OF ANY DEPOSITORY
|
CANCELLED REGISTRATION AS DEPOSITORY PARTICIPANT
30-AUG-2024
|
|
| 2 |
|
|
AASMAA SECURITIES PVT.LTD.
(Depository Participants : CDSL,Member : BSE/NSE)
|
|
|
MISUTILIZED CLIENTS FUNDS FOR DEBIT OBLIGATION OF OWN/OTHER CLIENTS
DID NOT MAINTAIN SEGREGATION BETWEEN OWN FUNDS AND CLIENTS FUNDS & SECURITIES
MISUSED PLEDGING OF CLIENT’S SECURITIES
INCORRECT REPORTING OF MARGIN TO STOCK EXCHANGES
DID NOT UPLOAD KNOW YOUR CLIENTS (KYC) DOCUMENTS TO KRA PROCESSES
DELAY IN UPLOADING DIS SCAN
|
IMPOSED PENALTY RS.7,00,000
21-JUL-2020
|
SAT: SAT VIDE ITS ORDER DATED 18/02/2022 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER. CONDONED THE DELAY IN FILING OF APPEAL
SAT: SAT: SAT VIDE ITS ORDER DATED 20/07/2022 ALLOWED THE APPEAL INCLUDING NSEL ALSO AND QUASHED IMPUGNED ORDER DATED 09/06/2022. MATTER REMITTED TO WTM TO DECIDE AFRESH
SAT: SAT VIDE ITS ORDER DATED 14/10/2022 ALLOWED THE MODIFICATION APPLICATION. LINE 5 IN PARAGRAPH 2 OF ORDER DATED 20/07/2022 IS MODIFIED AND WORD CANCELLED IS ADDED AFTER WORD REJECTED
|
| 3 |
|
|
ABHIPRA CAPITAL LTD.
(PAN:AABCA1702F)
(Depository Participants : CDSL/NSDL,Member : BSE/NSE/OTC)
|
|
|
DID NOT EXERCISE DUE CARE AND DILIGENCE
DID NOT REDRESS INVESTOR COMPLAINTS
ALLOWED TERMINALS TO UNREGISTERED SUB-BROKERS
NON-COOPERATION WITH SEBI IN INVESTIGATIONS
VIOLATED SEBI CODE OF CONDUCT
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
|
DEBARRED FROM UNDERTAKING FRESH BUSINESS AS STOCK BROKER FROM 17-AUG-2007 PENDING COMPLETION OF ENQUIRY PROCEEDINGS
STOCK EXCHANGE ADVISED TO DEBIT MEMBER’S DEPOSIT
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.10,00,000, ADMINISTRATION CHARGES RS.1,00,000 VIDE CONSENT ORDER)
08-APR-2009
|
INTERIM ORDER DATED 17/08/2007 MODIFIED TO THE EXTENT THAT ABHIPRA CAPITAL LIMITED ALLOWED TO OPEN NEW TRADING ACCOUNTS AS WELL AS DIRECTED TO SUBMIT DOCUMENTARY EVIDENCE FOR SETTLEMENT OF THE DUES OF JOHARI’S WITHIN 30 DAYS
INTERIM ORDER DATED 17/08/2007 MODIFIED TO THE EXTENT THAT ABHIPRA CAPITAL LTD. ALLOWED TO OPEN NEW TRADING ACCOUNTS AS WELL AS DIRECTED TO SUBMIT DOCUMENTARY EVIDENCE FOR SETTLEMENT OF THE DUES OF JOHARI'S WITHIN 30 DAYS
COMPANY VIDE DD NO.501444 DATED 07/03/2009 AND 501397 DATED 06/03/2009 DRAWN ON ICICI BANK LTD. HAS PAID RS.10 LACS TOWARDS SETTLEMENT CHARGES AND RS.1 LAC TOWARDS ADMINISTRATIVE CHARGES RESPECTIVELY
INTERIM ORDER DATED 17/08/2007 MODIFIED AND ALLOWED TO OPEN NEW DP ACCOUNTS
INTERIM ORDER DATED 17/08/2007 MODIFIED AND ALLOWED TO ENTERING INTO NEW AGREEMENT AS RTA/STA
INTERIM ORDER DATED 29/10/2007 MODIFIED BY LIFTING 30 DAYS TIME STIPULATED THEREIN FOR SETTLING THE DUES OF JOHARI’S.SAME AS ABOVE 10 MATTER SETTLED THROUGH ARBITRATION AWARD AND BY CONSENT ORDER DATED 8.04.2009
|
| 4 |
|
|
ABHIPRA CAPITAL LTD.
(PAN:AABCA1702F)
(Depository Participants : CDSL/NSDL)
|
|
|
IMPOSED CLOSURE CHARGES UNILATERALLY DESPITE SUCH KIND OF CLAUSE NOT EXISTING IN THE AGREEMENT AS ENTERED BY THE INVESTORS AT THE TIME OF OPENING OF THE DEMAT ACCOUNT
|
DIRECTED TO REFUND ACCOUNT CLOSURE CHARGES
20-DEC-2001
|
COMPLIED WITH NOTHING IS PENDING
|
| 5 |
|
|
ACML CAPITAL MARKETS LTD.
(CIN:U67120GJ2000PLC037431
PAN:AADCA4629D)
(Depository Participants : CDSL,Member : BSE)
|
|
|
DID NOT PROVIDE STATEMENTS OF ACCOUNTS IN RESPECT OF FUNDS OF ITS CLIENTS
PROVIDED EXPOSURE TO CLIENTS HAVING DEBIT BALANCE
MAPPED SINGLE EMAIL ID AND MOBILE NUMBER FOR MULTIPLE CLIENTS
DID NOT UPLOAD DETAILS OF CLIENT TO STOCK EXCHANGE UNDER FUNDS AND SECURITIES MODULE OF ENHANCED SUPERVISION
DID NOT UPLOAD KNOW YOUR CLIENTS (KYC) DOCUMENTS TO KRA PROCESSES
DID NOT UPLOAD SCANNED IMAGES OF KYC DOCUMENTS ON KRA
DID NOT SETTLE CLIENT’S FUNDS AND/OR SECURITIES
|
IMPOSED PENALTY RS.2,50,000
30-MAR-2021
|
SAT: SAT VIDE ITS ORDER DATED 28/09/2021 ALLOWED APPELLANTS THREE WEEKS TIME TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 22/02/2022 ALLOWED RESPONDENT TO FILE REPLY WITHIN TWO WEEKS FROM DATE OF THIS ORDER
SAT: SAT VIDE ITS ORDER DATED 06/04/2022 ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
|
| 6 |
|
|
ACTION FINANCIAL SERVICES (INDIA) LTD.
(PAN:AAACA4423G)
(Depository Participants : NSDL)
|
|
|
NO LONGER A PARTICIPANT OF ANY DEPOSITORY
|
CANCELLED REGISTRATION AS DEPOSITORY PARTICIPANT
30-AUG-2024
|
|
| 7 |
|
|
ACTION FINANCIAL SERVICES (INDIA) LTD.
(PAN:AAACA4423G)
(Depository Participants : NSDL)
|
|
|
OPENED VARIOUS DEMAT ACCOUNTS SHARING COMMON ADDRESSES
|
DIRECTED NSDL TO CONDUCT INSPECTION
27-APR-2006
|
|
| 8 |
|
|
ACTION FINANCIAL SERVICES (INDIA) LTD.
(PAN:AAACA4423G)
(Depository Participants : NSDL,Member : BSE/NSE/BGSE)
|
|
|
ALLEGED INDULGENCE IN MANIPULATIVE TRANSACTIONS IN SCRIP OF G.G.AUTOMOTIVE GEARS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.15,00,000 VIDE CONSENT ORDER)
10-NOV-2009
|
|
| 9 |
|
|
ACUMEN CAPITAL MARKET (INDIA) LTD.
(Depository Participants : CDSL/NSDL,Member : BSE/NSE/MSEI)
|
|
|
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
DID NOT SETTLE CLIENT’S FUNDS AND/OR SECURITIES
INCORRECT REPORTING OF MARGIN TO STOCK EXCHANGES
DID NOT HAVE CALL RECORDING SYSTEM FOR PREVENTION OF UNAUTHORIZED TRADING
DID NOT CAPTURE INCOME DETAILS OF CLIENTS
DID NOT OBTAIN RUNNING ACCOUNTS AUTHORIZATION FORMS
DELAY IN UPLOAD CLIENTS DETAILS IN CKYC SYSTEM
DISCREPANCIES IN CLIENT REGISTRATION PROCESS (KYC, KRA AND CKYCR PROCESS)
DISCREPANCIES IN MAINTENANCE OF CLIENT RECORDS
DELAY IN UPLOADING DIS SCAN
DISCREPANCIES IN PROCESSING OF DIS, MODIFICATION, TRANSFERS & TRANSMISSIONS ACCOUNT CLOSURE
DID NOT DISPATCH TRANSACTION STATEMENT
|
IMPOSED PENALTY RS.5,00,000
10-DEC-2020
|
|
| 10 |
|
|
ADITYA BIRLA MONEY LTD.
(PAN:AAACA7472K)
(Depository Participants : CDSL/NSDL,Member : BSE/NSE)
|
|
|
CARRIED OUT PORTFOLIO MANAGEMENT SERVICES (PMS) WITHOUT ENTERING INTO AGREEMENT WITH THE CLIENTS
MISLED CLIENTS BY UNDERSTATING LOSSES AND OVERSTATING PROFITS
LOSSES COVERED BY PREMIUM ON SALE OF OPTIONS AND SHOWN ONLY AT LATER STAGES
CHARGED DELAYED PAYMENT AND LATE PAY-IN CHARGES
DID NOT HAVE ADEQUATE SYSTEMS AND INTERNAL CONTROLS
DID NOT SETTLE RUNNING ACCOUNTS OF ACTIVE AND/OR INACTIVE CLIENTS
DELAY IN UPLOAD CLIENTS DETAILS IN CKYC SYSTEM
TRANSFERRED SECURITIES WORTH RS.5,41,502.76 FROM CLIENT DEMAT TO PRO
ACCOUNT
DID NOT HAVE DEDICATED E-MAIL ID FOR REDRESSAL OF GRIEVANCES
DID NOT ENABLE SMS ALERT FACILITY FLAG IN DEPOSITORY PARTICIPANT MODULE
ACTIVATED POWER OF ATTORNEY WITHOUT OBTAINING MOBILE NUMBER FROM CLIENT
|
IMPOSED PENALTY RS.1,02,00,000
04-OCT-2021
|
SAT: SAT VIDE ITS ORDER DATED 06/12/2021 DISPOSED OF THE STAY APPLICATION AND DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER. FURTHER, DIRECTED APPELLANT TO DEPOSIT RS.50 LAC WITHIN FOUR WEEKS FROM DATE OF THIS ORDER. THE BALANCE AMOUNT SHALL NOT BE RECOVERED DURING PENDENCY OF THE APPEAL
SAT: SAT VIDE ITS ORDER DATED 23/12/2021 DISPOSED OFF THE MATTER AND DIRECTED AO TO CONSIDER THE OBJECTIONS RAISED BY APPELLANT AT THE TIME WHEN THE MATTER FINALLY DECIDED
SAT: SAT VIDE ITS ORDER DATED 10/03/2022 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 10/03/2022ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
|
| 11 |
|
|
AJAY JAIN
(PAN:AGXPJ1124B)
(Depository Participants : CDSL)
|
|
|
|
MODEX INTERNATIONAL SECURITIES LTD.
CIN:L74899DL1995PLC065153
PAN:AAACM2105K
(Depository Participants : CDSL,Member : BSE/NSE)
|
|
MISAPPROPRIATED CLIENT SECURITIES AND/OR FUNDS
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 9(F) READ WITH CLAUSES A(2) TO A(4) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 30-APR-2020 TILL FURTHER ORDERS
DIRECTED TO CEASE & DESIST FROM UNDERTAKING ANY ACTIVITY IN SECURITIES MARKET, DIRECTLY OR INDIRECTLY, IN ANY MANNER WHATSOEVER FROM 30-APR-2020 TILL FURTHER ORDERS
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR TO CREATE OR INVOKE OR RELEASE ANY INTEREST OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF NSE AND BSE
DIRECTED TO UTILIZE ASSETS OF THE ENTITIES ONLY FOR THE PURPOSE OF PAYMENT OF MONEY AND/OR DELIVERY OF SECURITIES, AS THE CASE MAY BE, TO CLIENTS/INVESTORS UNDER THE SUPERVISION OF CONCERNED STOCK EXCHANGE(S)
DIRECTED DEPOSITORIES TO ENSURE THAT NO DEBITS AND/OR CREDITS MADE IN DEMAT ACCOUNTS, HELD JOINTLY OR SEVERALLY, OF ENTITIES AND PERSONS
DIRECTED BANKS TO ENSURE THAT NO DEBITS ARE MADE IN BANK ACCOUNTS HELD JOINTLY OR SEVERALLY EXCEPT FOR THE PURPOSE OF PAYMENT OF MONEY TO CLIENTS/INVESTORS UNDER WRITTEN CONFIRMATION OF CONCERNED STOCK EXCHANGES
30-APR-2020
|
SAT: SAT VIDE ITS ORDER DATED 19/06/2020 DIRECTED APPELLANT TO APPEAR BEFORE NSE, ON 24/06/2020. TRIBUNAL WILL HEAR THE MATTER FURTHER ON 03/07/2020. IN THE INTERIM STATUS QUO SHALL BE MAINTAINED
SAT: SAT VIDE ITS ORDER DATED 03/07/2020 DISPOSED OFF THE APPEAL AT THE ADMISSION STAGE IN THE MANNER MENTIONED IN THE ORDER. NO COSTS
SEBI VIDE ITS ORDER DATED 11/09/2020 REVOKED ITS DIRECTIONS ISSUED VIDE ITS INTERIM ORDER DATED 30/04/2020
SAT: SAT VIDE ITS ORDER DATED 17/08/2020 REJECTED THE APPLICATION MISCONCEIVED SUMMARILY
SAT: SAT VIDE ITS ORDER DATED 11/11/2020 DIRECTED SEBI TO LOOK INTO THIS ASPECT AND PASS APPROPRIATE ORDERS AT THE EARLIEST
|
| 12 |
|
|
ALLIED FINANCIAL SERVICES PVT.LTD.
(PAN:AAACA2020K)
(Depository Participants : NSDL)
|
|
|
|
AWANISH KUMAR MISHRA
PAN:AGOPM7538H
|
|
|
HIMANSHU ARORA
PAN:AUXPA3314Q
|
|
|
JITENDRA KUMAR TIWARI
PAN:ALBPT6629A
|
|
INDULGED IN FACILITATION ON PART OF AFSPL INCLUDING FRAUDULENT TRANSFER OF MF UNITS VIOLATING REGULATIONS 3(A), 4(1) AND 4(2)(P) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ALLIED FINANCIAL SERVICES PVT.LTD.
DID NOT MAINTAIN HIGH STANDARD OF INTEGRITY DURING OPENING DEMAT ACCOUNTS OF DCEL AND OCL
DID NOT HAVE MAKER-CHECKER SYSTEM AND INTERNAL CONTROLS IN PLACE
MADE CHANGES IN THE DETAILS OF OCL AND DCEL IN DPM SYSTEM WITHOUT HAVING ADEQUATE SUPPORTING DOCUMENTS/ REQUEST RECEIVED FROM AUTHORIZED SIGNATORIES TO THE ACCOUNT
EXECUTED DIS WITH INCORRECT ISIN FOR OCL AND DID NOT PROVIDE ACKNOWLEDGEMENT RECEIPTS FOR ISSUANCE OF DIS BOOKLETS TO DCEL AND INCORRECT SERIES MENTIONED ON ACKNOWLEDGEMENT RECEIPT
DID NOT PROVIDE REQUEST RECEIVED FROM NEPL FOR ISSUANCE OF NEW DIS BOOKLET VIDE TRANSFERS OF MF UNITS
ISSUED DIS TO NEPL NOT IMMEDIATELY ENTERED INTO THE DPM SYSTEM
DID NOT APPOINT COMPLIANCE OFFICER VIOLATING REGULATION 81(1) OF SEBI (DEPOSITORIES & PARTICIPANTS) REGULATIONS, 2018
DID NOT PRODUCE BOOKS/DOCUMENTS/CORRESPONDENCE AS DEMANDED DURING FORENSIC AUDIT/ INVESTIGATION
DID NOT INFORM SEBI ABOUT PENALTY LEVIED ON IT BY NSDL
|
IMPOSED PENALTY RS.3,00,00,000
02-JUL-2021
|
SAT: SAT VIDE ITS ORDER DATED 16/02/2022 CONDONED THE DELAY IN FILING OF APPEAL.ALLOWED RESPONDENT THREE WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
SEBI VIDE ITS NOTICE DATED 17/05/2022 DIRECTED TO PAY RS.3,33,01,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS NOTICE DATED 30/06/2022 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS 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
SEBI VIDE ITS ORDER DATED 08/08/2022 DIRECTED ALL THE BANKS TO REMIT ENTIRE AMOUNT TO THE EXTENT LYING IN THE BANK AND TERM DEPOSIT ACCOUNTS OF ALLIED FINANCIAL SERVICES PVT.LTD. TO SEBI BY WAY OF EFT/NEFT/RTGS
SAT: SAT VIDE ITS ORDER DATED 12/10/2022 REJECTED THE STAY APPLICATION
SAT: SAT VIDE ITS ORDER DATED 18/06/2025 DISMISSED MISC.APPLICATION NO.419 OF 2025
|
| 13 |
|
|
ALLIED FINANCIAL SERVICES PVT.LTD.
(PAN:AAACA2020K)
(Depository Participants : NSDL)
|
|
|
|
AWANISH KUMAR MISHRA
PAN:AGOPM7538H
|
|
INDULGED IN FACILITATION ON PART OF AFSPL INCLUDING FRAUDULENT TRANSFER OF MF UNITS VIOLATING REGULATIONS 3(A), 4(1) AND 4(2)(P) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ALLIED FINANCIAL SERVICES PVT.LTD.
DID NOT MAINTAIN HIGH STANDARD OF INTEGRITY DURING OPENING DEMAT ACCOUNTS OF DCEL AND OCL
DID NOT HAVE MAKER-CHECKER SYSTEM AND INTERNAL CONTROLS IN PLACE
MADE CHANGES IN THE DETAILS OF OCL AND DCEL IN DPM SYSTEM WITHOUT HAVING ADEQUATE SUPPORTING DOCUMENTS/ REQUEST RECEIVED FROM AUTHORIZED SIGNATORIES TO THE ACCOUNT
EXECUTED DIS WITH INCORRECT ISIN FOR OCL AND DID NOT PROVIDE ACKNOWLEDGEMENT RECEIPTS FOR ISSUANCE OF DIS BOOKLETS TO DCEL AND INCORRECT SERIES MENTIONED ON ACKNOWLEDGEMENT RECEIPT
DID NOT PROVIDE REQUEST RECEIVED FROM NEPL FOR ISSUANCE OF NEW DIS BOOKLET VIDE TRANSFERS OF MF UNITS
ISSUED DIS TO NEPL NOT IMMEDIATELY ENTERED INTO THE DPM SYSTEM
DID NOT APPOINT COMPLIANCE OFFICER VIOLATING REGULATION 81(1) OF SEBI (DEPOSITORIES & PARTICIPANTS) REGULATIONS, 2018
DID NOT PRODUCE BOOKS/DOCUMENTS/CORRESPONDENCE AS DEMANDED DURING FORENSIC AUDIT/ INVESTIGATION
DID NOT INFORM SEBI ABOUT PENALTY LEVIED ON IT BY NSDL
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2021 TO 01-JUL-2028
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 02-JUL-2021 TO 01-JUL-2028
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
02-JUL-2021
|
SAT: SAT VIDE ITS ORDER DATED 16/02/2022 CONDONED THE DELAY IN FILING OF APPEAL.ALLOWED RESPONDENT THREE WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 12/10/2022 REJECTED THE STAY APPLICATION
SAT: SAT VIDE ITS ORDER DATED 18/06/2025 DISMISSED MISC.APPLICATION NO.419 OF 2025
|
| 14 |
|
|
ALLIED FINANCIAL SERVICES PVT.LTD.
(PAN:AAACA2020K)
(Depository Participants : NSDL,Member : NSE)
|
|
|
MISAPPROPRIATED CLIENT SECURITIES AND/OR FUNDS
DID NOT SETTLE CLIENT’S FUNDS AND/OR SECURITIES
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
DID NOT MAINTAIN CONTINUOUS NETWORTH
DID NOT CAPTURE INCOME DETAILS OF CLIENTS
MADE INCORRECT AND/OR DID NOT REPORT ENHANCED SUPERVISION OF DATA TO STOCK EXCHANGES
PROVIDED DISPROPORTIONATE EXPOSURE TO CLIENTS
DEALT WITH UNREGISTERED ENTITIES
PROMISED ASSURED RETURNS TO CLIENTS
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 17-MAY-2023
CANCELLED REGISTRATION AS DEPOSITORY PARTICIPANT
17-MAY-2023
|
|
| 15 |
|
|
ALLWIN SECURITIES LTD.
(Depository Participants : CDSL,Member : BSE)
|
|
|
MISUTILIZED CLIENTS FUNDS FOR DEBIT OBLIGATION OF OWN/OTHER CLIENTS
|
IMPOSED PENALTY RS.5,00,000
24-OCT-2019
|
|
| 16 |
|
|
AMBALAL SHARES & STOCKS PVT.LTD.
(Depository Participants : CDSL,Member : BSE/NSE)
|
|
|
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT SETTLE RUNNING ACCOUNTS OF ACTIVE AND/OR INACTIVE CLIENTS
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
|
IMPOSED PENALTY RS.5,00,000
27-APR-2020
|
|
| 17 |
|
|
AMBALAL SHARES & STOCKS PVT.LTD.
(Depository Participants : CDSL,Member : BSE/MSEI/MCX/ICEX)
|
|
|
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
MADE INCORRECT REPORTING OF DATA TO STOCK EXCHANGES
PROVIDED EXPOSURE TO CLIENTS HAVING DEBIT BALANCE
DELAY IN SETTLING OF RUNNING ACCOUNTS OF CLIENTS
DELAY IN SETTLING ACCOUNTS OF INACTIVE CLIENTS
DELAY IN SETTLING OF CLIENT’S FUNDS AND/OR SECURITIES
MISMATCHED CLIENTS EMAIL IDS AND/OR MOBILE NUMBERS
DID NOT PROVIDE VOICE RECORDING FOR TRADES
|
IMPOSED PENALTY RS.8,00,000
26-SEP-2022
|
|
| 18 |
|
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AMRAPALI AADYA TRADING & INVESTMENT PVT.LTD.
(PAN:AAECA3909P)
(Depository Participants : CDSL,Member : NSE/BSE/MCX/MSEI)
|
|
|
DID NOT SUBMIT INFORMATION/DOCUMENTS SOUGHT VIDE SUMMON
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
MISUSED PLEDGING OF CLIENT’S SECURITIES
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
DID NOT SETTLE RUNNING ACCOUNTS OF ACTIVE AND/OR INACTIVE CLIENTS
DID NOT REDRESS INVESTOR COMPLAINTS
FALSIFIED TRIAL BALANCE, BANK BOOKS AND CONCEALED THE INFORMATION RELATED TO PLEDGING OF SECURITIES, CASH WITHDRAWAL AND FUND MOVEMENT RELATED TO ENTITIES VIOLATING SECTIONS 12(A) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO 3(D), 4(1) AND 4(2) (P) OF SEBI (PFUTP) REGULATIONS, 2003
|
IMPOSED PENALTY RS.2,25,00,000
28-APR-2022
|
SEBI VIDE ITS NOTICE DATED 29/05/2024 DIRECTED TO PAY RS.2,83,51,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
|
| 19 |
|
|
AMRAPALI AADYA TRADING & INVESTMENT PVT.LTD.
(PAN:AAECA3909P)
(Depository Participants : CDSL,Member : NSE/BSE/MCX)
|
|
|
|
SANJEEV KUMAR SINHA
PAN:ALEPS6005L
|
|
CREATED PLEDGE OF SECUTITIES OF ITS CLIENTS AND DID NOT MAKE DISCLOSURE TO NSE VIOLATING CLAUSES A(1) AND A(5) OF CODE OF CONDUCT PRESCRIBED FOR STOCK BROKERS UNDER SEBI (STOCK BROKERS AND SUB-BROKERS) REGULATIONS, 1992
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT REPORT ITS DP ACCOUNTS TO NSE VIOLATING SEBI CIRCULAR SEBI/HO/MIRSD/MIRSD2/CIR/P/2016/95 DATED 26/09/2016
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 06-AUG-2021 TO 05-AUG-2026
DIRECTED TO REFUND MONEY TO THE INVESTORS
DIRECTED TO CEASE & DESIST FROM UNDERTAKING ANY ACTIVITY IN SECURITIES MARKET, DIRECTLY OR INDIRECTLY, IN ANY MANNER WHATSOEVER FROM 06-AUG-2021 TO 05-AUG-2026
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO UTILIZE ASSETS OF THE ENTITIES ONLY FOR THE PURPOSE OF PAYMENT OF MONEY AND/OR DELIVERY OF SECURITIES, AS THE CASE MAY BE, TO CLIENTS/INVESTORS UNDER THE SUPERVISION OF CONCERNED STOCK EXCHANGE(S)
DIRECTED DEPOSITORIES TO ENSURE THAT NO DEBITS AND/OR CREDITS MADE IN DEMAT ACCOUNTS, HELD JOINTLY OR SEVERALLY, OF ENTITIES AND PERSONS
DIRECTED BANKS TO ENSURE THAT NO DEBITS ARE MADE IN BANK ACCOUNTS HELD JOINTLY OR SEVERALLY BY AMRAPALI AADYA TRADING & INVESTMENT PVT.LTD. AND AADYA COMMODITIES PVT.LTD. AND MR.SANJEEVA KUMAR SINHA EXCEPT FOR THE PURPOSE OF PAYMENT OF MONEY TO CLIENTS/INVESTORS UNDER WRITTEN CONFIRMATION OF CONCERNED STOCK EXCHANGES
22-AUG-2017
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SEBI VIDE ITS ORDER DATED 31/10/2018 CONFIRMED THE DIRECTIONS ISSUED VIDE ITS EX-PARTE AD INTERIM ORDER DATED 22/08/2017 SUBJECT TO MODIFICATION MENTIONED IN INTERIM ORDER
SEBI VIDE ITS ORDER DATED 06/08/2021 DIRECTED TO A) CONTINUE RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER WHATSOEVER, EITHER DIRECTLY OR INDIRECTLY, FOR FURTHER 5 YEARS FROM DATE OF THIS ORDER B) JOINTLY AND SEVERALLY, BE LIABLE TO REPAY/REFUND THE INVESTORS/CLIENT’S MONEY WITH INTEREST OF 15% P.A. FROM THE DATE WHEN REPAYMENT BECAME DUE TILL DATE OF ACTUAL REPAYMENT UNDER SUPERVISION OF NSE, BSE AND MCX C) JOINTLY AND SEVERALLY, BE LIABLE TO RETURN THE SECURITIES DUE TO THE CLIENTS/INVESTORS OF AATIPL HAVING CREDIT BALANCES OR MONEY EQUIVALENT TO THEIR VALUE AS ON THE DATE WHEN SETTLEMENT OF SECURITIES BY AATIPL BECAME DUE TO SUCH CLIENTS UNDER SUPERVISION OF NSE, BSE AND MCX D) NOT TO DISPOSE OF OR ALIENATE ANY OF THEIR ASSETS, WHETHER MOVABLE OR IMMOVABLE (INCLUDING FUNDS IN THEIR BANK ACCOUNTS) OR CREATE ANY INTEREST OR CHARGE IN ANY SUCH ASSETS TILL SUCH TIME THE REFUNDS/REPAYMENTS
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AMRAPALI CAPITAL & FINANCE SERVICES LTD.
(Depository Participants : NSDL,Member : BSE/NSE/MCX)
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MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
PROVIDED EXPOSURE TO CLIENTS HAVING DEBIT BALANCE
DISCREPANCIES IN CLIENT REGISTRATION PROCESS (KYC, KRA AND CKYCR PROCESS)
DID NOT UPDATE CLIENTS EMAIL IDS AND MOBILE NUMBERS
MAPPED SINGLE EMAIL ID AND MOBILE NUMBER FOR MULTIPLE CLIENTS
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IMPOSED PENALTY RS.4,00,000
27-MAY-2021
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| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
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