| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 201 |
|
CFL SECURITIES LTD.
(PAN:AAACC6722E)
(Member : NSE)
|
|
|
|
MILAN DALAL
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF RAVALGAON SUGAR FARM LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF SHRENUJ & CO.LTD.
EXECUTED STRUCTURED TRANSACTIONS
DID NOT EXERCISE DUE CARE AND DILIGENCE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 19-JAN-2005 TO 18-JUL-2005
19-JAN-2005
|
|
| 202 |
|
|
CFL SECURITIES LTD.
(PAN:AAACC6722E)
(Member : NSE)
|
|
|
|
MILAN DALAL
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH STRUCTURED, SYNCHRONIZED TRANSACTIONS AND FINANCING DEALS IN SCRIP OF JAGSONPAL PHARMACEUTICALS LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(4) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF JAGSONPAL PHARMACEUTICALS LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 30-JUN-2011 TO 29-AUG-2011
09-JUN-2011
|
SAT: SAT VIDE ITS ORDER DATED 25/07/2011 MODIFIED ORDER DATED 09/06/2011. DATE OF COMMENCE OF SUSPENSION WILL BE FROM THE DATE OF ORDER INSTEAD OF 21 DAYS FROM THE DATE OF ORDER WITH NO ORDER AS TO COSTS
|
| 203 |
|
|
CFL SECURITIES LTD.
(PAN:AAACC6722E)
(Member : NSE)
|
|
|
INDULGED IN MARKET MANIPULATION IN SCRIP OF SURYA ROSHNI LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 19-OCT-2004 TO 18-NOV-2004
29-SEP-2004
|
|
| 204 |
|
|
CFL SECURITIES LTD.
(PAN:AAACC6722E)
(Member : NSE)
|
|
|
|
MILAN DALAL
|
|
EXECUTED MATCHED/STRUCTURED TRADES WITH DGP SECURITIES LTD.
USED EXCHANGE MECHANISM IN ORDER TO MEET FINANCIAL OBLIGATIONS
CREATED ARTIFICIAL MARKETS IN SCRIP OF ROOFIT INDUSTRIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 08-NOV-2004 TO 07-JAN-2005
18-OCT-2004
|
|
| 205 |
|
|
CHANDRAVADAN J.DALAL,M/S
(Member : BSE)
|
|
|
|
CHANDRAVADAN J.DALAL
|
|
INDULGED IN CREATION OF ARTIFICIAL VOLUME IN SCRIPS OF GLOBAL TRUST BANK LTD.,AFTEK INFOSYS LTD.,SHONK TECHNOLOGIES INTERNATIONAL LTD., LUPIN LABORATORIES LTD. & RANBAXY LABORATORIES LTD.
INDULGED IN SYNCHRONIZED DEALS IN SCRIPS OF GLOBAL TRUST BANK LTD.,AFTEK INFOSYS LTD., SHONK TECHNOLOGIES INTERNATIONAL LTD.,LUPIN LABORATORIES LTD. & RANBAXY LABORATORIES LTD.
INDULGED IN PRICE MANIPULATION WITH KETAN PAREKH ENTITIES SUCH AS PANTHER FINCAP, CLASSIC CREDIT LTD.,LUMINANT INVESTMENT ETC. IN SCRIPS OF GLOBAL TRUST BANK LTD.,AFTEK INFOSYS LTD., SHONK TECHNOLOGIES INTERNATIONAL LTD., LUPIN LABORATORIES LTD. AND RANBAXY LABORATORIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 14-MAR-2004 TO 13-MAR-2006
23-FEB-2004
|
SAT: DIRECTED SEBI TO CONSIDER CASE FOR REGISTRATION OF APPLICANT'S SON
|
| 206 |
|
|
CHANDRAVADAN J.DALAL,M/S
(Member : BSE)
|
|
|
|
DEEPAK C.DALAL
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET THROUGH SYNCHRONIZED, CIRCULAR AND REVERSAL OF TRADE TRANSACTIONS IN SCRIPS OF TEMPTATION FOODS LTD.,CONFIDENCE PETROLEUM INDIA LTD. AND CALS REFINERIES LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED, CIRCULAR AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF BANG OVERSEAS LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS ,DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE, INDULGED IN MANIPULATIVE ACTIVITIES AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF TEMPTATION FOODS LTD.,BANG OVERSEAS LTD.,CONFIDENCE PETROLEUM INDIA LTD. AND CALS REFINERIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 26-JUL-2013 TO 09-AUG-2013
05-JUL-2013
|
|
| 207 |
|
|
CHINTAMANI SHARES & BROKING LTD.
(Member : NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED/CIRCULAR TRANSACTIONS AND REVERSAL OF TRADE TRANSACTIONS IN SCRIPS OF BSEL INFRASTRUCTURE REALTY LTD. AND MAHARASHTRA SEAMLESS LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, NOT EXERCISED DUE SKILL, CARE & DILIGENCE, INDULGED IN MANIPULATIVE ACTIVITIES AND NOT COMPLIED WITH STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF BSEL INFRASTRUCTURE REALTY LTD. AND MAHARASHTRA SEAMLESS LTD.
|
IMPOSED PENALTY RS.2,00,000
28-AUG-2009
|
SAT: APPEAL DISMISSED, LEAVING PARTIES TO BEAR THEIR OWN COSTS
|
| 208 |
|
|
CHINTAMANI SHARES & BROKING LTD.
(Member : NSE/OTC)
|
|
|
ALLEGED IRREGULAR TRANSACTIONS IN SCRIP OF JINDAL STAINLESS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.2,00,000 VIDE CONSENT ORDER)
26-DEC-2007
|
|
| 209 |
|
|
CHIRAG INVESTMENT
(Member : PSE)
|
|
|
|
DHIRENDRA LILADHAR RAJA
|
|
ACTED IN CONCERT WITH OTHER BROKERS TO CREATE ARTIFICIAL MARKET AND PRICE RISE THROUGH CIRCULAR TRADING AND BY PLACING ORDERS AT HIGHER PRICES OTHER THAN PREVAILING MARKET PRICE IN SCRIP OF HOME TRADE LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
24-OCT-2005
|
|
| 210 |
|
|
CHOICE EQUITY BROKING PVT.LTD.
(PAN:AADCC8390B)
(Member : BSE)
|
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL VOLUME THROUGH REVERSAL OF TRADE TRANSACTIONS IN ILLIQUID STOCK OPTIONS AT BSE
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.6,00,000 VIDE CONSENT ORDER)
14-MAR-2023
|
|
| 211 |
|
|
CHOICE EQUITY BROKING PVT.LTD.
(PAN:AADCC8390B)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET THROUGH SYNCHRONIZED AND STRUCTURED TRANSACTIONS IN SCRIP OF BHAGERIA INDUSTRIES LTD.
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND NOT COMPLIED WITH STATUTORY REQUIREMENTS VIOLATING REGULATION 9 READ WITH CLAUSES A(2) AND A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF BHAGERIA INDUSTRIES LTD.
|
IMPOSED PENALTY RS.25,00,000
31-MAR-2023
|
SAT: SAT VIDE ITS ORDER DATED 06/07/2023 CONDONED THE DELAY IN FILING OF APPEAL AND DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER.DIRECTED APPELLANTS TO DEPOSIT PENALTY AMOUNT PURSUANT TO IMPUGNED ORDER
SAT: SAT VIDE ITS ORDER DATED 15/09/2023 ALLOWED RESPONDENT FURTHER TWO WEEKS TO FILE REPLY AND APPELLANTS TO FILE REJOINDER WITHIN TWO WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 31/10/2023 CONDONED THE DELAY IN FILING OF REPLIES AND ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 11/12/2023 ALLOWED APPELLANTS FURTHER THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 19/01/2024 ALLOWED APPELLANT FURTHER THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 08/03/2024 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
|
| 212 |
|
|
CHONA FINANCIAL SERVICES PVT.LTD.
(Member : NSE)
|
|
|
DID NOT EXERCISE DUE CARE AND DILIGENCE IN SCRIP OF MARUTI ORGANICS LTD.
INDULGED IN PRICE MANIPULATION IN SCRIP OF MARUTI ORGANICS LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 14-AUG-2002 TO 21-AUG-2002
14-AUG-2002
|
|
| 213 |
|
|
CHUGH SECURITIES PVT.LTD.
(Member : OTC/NSE)
|
|
|
ALLEGED EXECUTION OF STRUCTURED TRADES IN SCRIP OF MUNJAL SHOWA LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,00,000 VIDE CONSENT ORDER)
07-DEC-2007
|
|
| 214 |
|
|
CHUKNOO SECURITIES LTD.
(PAN:AAACC6034B)
(Member : BSE)
|
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL VOLUME THROUGH REVERSAL OF TRADE TRANSACTIONS IN ILLIQUID STOCK OPTIONS AT BSE
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,00,000 VIDE CONSENT ORDER)
14-MAR-2023
|
|
| 215 |
|
|
CLARIDGES INVESTMENTS & FINANCE PVT.LTD.
(PAN:AAACC1607N)
(Member : BSE/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
|
INTERIM ORDER DATED 31/12/2002 REVOKED BY SEBI
|
| 216 |
|
|
CLASSIC SHARE & STOCK BROKING SERVICES LTD.
(CIN:U67120WB1993PLC060799)
(Member : BSE)
|
|
|
|
KARTIK KIRTIKUMAR PAREKH
DIN:00009502
|
|
|
KETAN VINAYCHANDRA PAREKH
DIN:00009468
PAN:AADPP1505A
|
|
INDULGED IN MARKET MANIPULATION IN SCRIPS OF DSQ SOFTWARE LTD. AND AFTEK INFOSYS LTD. WITH KETAN PAREKH ENTITIES
INDULGED IN SYNCHRONIZED DEALS IN SCRIP OF DSQ SOFTWARE LTD. & AFTEK INFOSYS LTD.
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 08-MAR-2004
31-MAR-2004
|
|
| 217 |
|
|
CLASSIC SHARE & STOCK BROKING SERVICES LTD.
(CIN:U67120WB1993PLC060799)
(Member : BSE)
|
|
|
|
KARTIK KIRTIKUMAR PAREKH
DIN:00009502
|
|
|
KETAN VINAYCHANDRA PAREKH
DIN:00009468
PAN:AADPP1505A
|
|
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
|
|
| 218 |
|
|
CLASSIC SHARE & STOCK BROKING SERVICES LTD.
(CIN:U67120WB1993PLC060799)
(Member : BSE)
|
|
|
INDULGED IN MANIPULATIVE TRADES
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 08-MAR-2004
08-MAR-2004
|
ENQUIRY PROCEEDINGS INITIATED AGAINST NOTICEE IN MATTER OF SSI LTD.DISPOSED OFF VIDE ORDER DATED 03/08/2010,AS CERTIFICATE OF REGISTRATION OF NOTICEE HAS ALREADY BEEN CANCELLED BY SEBI VIDE ORDER DATED 08/03/2004
|
| 219 |
|
|
CLASSIC SHARE & STOCK BROKING SERVICES LTD.
(CIN:U67120WB1993PLC060799)
(Member : BSE/NSE/OTC/CSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CROSS DEALS AND SYNCHRONIZED TRANSACTIONS IN SCRIPS OF MASCON GLOBAL LTD.AND DSQ BIOTECH LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 23-SEP-2010 TO 22-SEP-2015
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 23-SEP-2010 TO 22-SEP-2015
23-SEP-2010
|
|
| 220 |
|
|
CLASSIC SHARE & STOCK BROKING SERVICES LTD.
(CIN:U67120WB1993PLC060799)
(Member : BSE/NSE/CSE/OTC)
|
|
|
INDULGED IN PRICE MANIPULATION IN SCRIP OF GLOBAL TRUST BANK LTD.
PARKED SHARES TO CIRCUMVENT SEBI TAKEOVER CODE, 1997
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF GLOBAL TRUST BANK LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 31-DEC-2002 TILL INVESTIGATION COMPLETED
31-DEC-2002
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 11 of 62
|
