| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 281 |
|
H.P.MITTAL & CO.
(Member : CSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CROSS DEALS AND SYNCHRONIZED TRANSACTIONS IN SCRIP OF SCINTILLA COMMERCIAL & CREDIT 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) AND B(4) (A) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF SCINTILLA COMMERCIAL & CREDIT LTD.
|
IMPOSED PENALTY RS.3,00,000
09-JUN-2010
|
SAT: APPEAL FAILED AND DISMISSED WITH NO ORDER AS TO COSTS
|
| 282 |
|
|
HARIKISHAN HIRALAL,M/S
(Member : BSE)
|
|
|
|
HARIKISHAN HIRALAL
|
|
FAILED IN MAINTAINING INTEGRITY, INDULGED IN MANIPULATIVE ACTIVITIES AND NOT COMPLIED WITH STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(1),A(3),A(4) AND A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF SOMPLAST LEATHER INDUSTRIES LTD.
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
31-JUL-2009
|
|
| 283 |
|
|
HAVEN FINANCIAL SERVICES PVT.LTD.
(Member : NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED/CIRCULAR AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF RAJESH EXPORTS 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 RAJESH EXPORTS LTD.
|
IMPOSED PENALTY RS.1,00,000
30-JUN-2010
|
|
| 284 |
|
|
HB SECURITIES LTD.
(Member : NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH STRUCTURED AND SYNCHRONIZED TRANSACTIONS IN SCRIP OF JAGSONPAL PHARMACEUTICALS LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, INDULGED IN MANIPULATIVE ACTIVITIES AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATION 13 READ WITH CLAUSES A(1),A(3) TO A(5) 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 13-AUG-2013 TO 15-AUG-2013
23-JUL-2013
|
SAT: APPEAL ALLOWED WITH NO ORDER AS TO COSTS
DIRECTIONS AS CONTEMPLATED IN THE SCN AGAINST THE NOTICEE ARE NOT CALLED FOR AND ACCORDINGLY PRESENT PROCEEDINGS DISPOSED OFF BY SEBI VIDE ORDER DATED 12/11/2013
|
| 285 |
|
|
HEDGE EQUITIES LTD.
(PAN:AABCH9516N)
(Member : NSE/BSE/MCX)
|
|
|
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(1),A(2) AND A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992
|
IMPOSED PENALTY RS.15,00,000
23-DEC-2015
|
|
| 286 |
|
|
HSBC INVESTDIRECT SECURITIES (INDIA) LTD.
(Member : BSE/NSE/DSE)
|
|
|
ALLEGED VIOLATION OF REGULATIONS 4(A) TO (D) OF SEBI (PFUTP) REGULATIONS, 1995 IN MATTER OF ADANI EXPORTS LTD.
ALLEGED FAILURE IN MAINTAINING 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 ADANI EXPORTS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.3,30,57,343 VIDE CONSENT ORDER)
17-JAN-2018
|
|
| 287 |
|
|
HSE SECURITIES LTD.
(Member : NSE)
|
|
|
DID NOT ADHERE TO BASE MINIMUM CAPITAL REQUIREMENT
DID NOT FURNISH AUDITOR'S CERTIFICATE ON QUARTERLY BASIS REGARDING COLLECTION OF MINIMUM MARGIN FROM CLIENTS
PERMITTED CERTAIN SUB-BROKERS TO TRADE HAVING NEGATIVE NET WORTH
DID NOT COLLECT ADEQUATE MARGIN FROM SUB-BROKERS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
12-SEP-2006
|
|
| 288 |
|
|
I.P.SINGH & CO.
(PAN:AAYPS1851P)
(Member : DSE)
|
|
|
|
INDER PAL SINGH
|
|
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE VIOLATING REGULATION 7 READ WITH CLAUSE A(2) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF KARISHMA FLORICULTURE LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
01-FEB-2012
|
|
| 289 |
|
|
IIFL SECURITIES LTD.
(PAN:AAACI7397D)
(Member : BSE)
|
|
|
INDULGED IN PRICE MANIPULATION IN SHARES FOR BLOCK DEAL DURING AFTERNOON WINDOW I.E. VOLUME WEIGHTED AVERAGE PRICE (VWAP) IN SCRIP OF ICICI LOMBARD GENERAL INSURANCE CO.LTD.
INDULGED IN PRICE MANIPULATION IN SHARES FOR BLOCK DEAL DURING AFTERNOON WINDOW VIOLATING CLAUSES A(3) TO A(4) OF CODE OF CONDUCT UNDER SCHEDULE II READ WITH REGULATION 9(F) OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF ICICI LOMBARD GENERAL INSURANCE CO.LTD.
|
IMPOSED PENALTY RS.25,00,000
29-JUL-2022
|
|
| 290 |
|
|
IIFL SECURITIES LTD.
(PAN:AAACI7397D)
(Member : BSE/NSE)
|
|
|
ALLEGED INDULGENCE IN PRICE MANIPULATION IN SHARES FOR BLOCK DEAL DURING AFTERNOON WINDOW I.E. VOLUME WEIGHTED AVERAGE PRICE (VWAP) IN SCRIP OF ALKEM LABORATORIES LTD.
ALLEGED INDULGENCE IN PRICE MANIPULATION IN SHARES FOR BLOCK DEAL DURING AFTERNOON WINDOW I.E. VOLUME WEIGHTED AVERAGE PRICE (VWAP) VIOLATING CLAUSES A(1) TO A(4) OF CODE OF CONDUCT UNDER SCHEDULE II READ WITH REGULATION 9(F) OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF ALKEM LABORATORIES LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.2,21,92,125 VIDE CONSENT ORDER)
25-FEB-2022
|
|
| 291 |
|
|
IIFL SECURITIES LTD.
(PAN:AAACI7397D)
(Member : MCX)
|
|
|
UPLOADED WRONG/MISMATCHED UNIQUE CLIENT CODE (UCC) DATA IN MCX PLATFORM INCLUDING SIKKIM BASED CLIENTS VIOLATING REGULATION 9(F) READ WITH CLAUSE A(2) OF CODE OF CONDUCT SPECIFIED IN SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992
|
IMPOSED PENALTY RS.3,00,000
30-JUL-2024
|
|
| 292 |
|
|
IIFL WEALTH MANAGEMENT LTD.
(PAN:AABCI8294C)
(Member : BSE/NSE)
|
|
|
ALLEGED INDULGENCE IN PRICE MANIPULATION IN SHARES FOR BLOCK DEAL DURING AFTERNOON WINDOW I.E. VOLUME WEIGHTED AVERAGE PRICE (VWAP) IN SCRIP OF ALKEM LABORATORIES LTD.
ALLEGED INDULGENCE IN PRICE MANIPULATION IN SHARES FOR BLOCK DEAL DURING AFTERNOON WINDOW I.E. VOLUME WEIGHTED AVERAGE PRICE (VWAP) VIOLATING CLAUSES A(1) TO A(4) OF CODE OF CONDUCT UNDER SCHEDULE II READ WITH REGULATION 9(F) OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF ALKEM LABORATORIES LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.3,12,64,858 VIDE CONSENT ORDER)
08-JUL-2022
|
|
| 293 |
|
|
IKAB SECURITIES & INVESTMENT LTD.
(CIN:L17100MH1991PLC059848)
(Member : BSE)
|
|
|
INDULGED IN FRONT RUNNING ACTIVITIES IN HDFC GROUP'S TRADES AND MADE UNLAWFUL GAINS VIOLATING SECTION 12A(A) TO (C) READ WITH REGULATIONS 3(A) TO (D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND FACILITATING FRAUDULENT FRONT RUNNING TRADES VIOLATING REGULATION 7 READ WITH CLAUSE A OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF HDFC GROUP'S TRADES
|
IMPOSED PENALTY RS.60,00,000
30-JUL-2020
|
SAT: SAT VIDE ITS ORDER DATED 17/06/2022 ALLOWED THE APPEAL AND QUASHED THE IMPUGNED ORDER DATED 30/07/2020
|
| 294 |
|
|
INDIA ADVANTAGE SECURITIES PVT.LTD.
(PAN:AADCP5317M)
(Member : BSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE VIOLATING REGULATION 7 READ WITH CLAUSE A(2) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF S.J.CORP.LTD.
|
IMPOSED PENALTY RS.50,000
20-JUN-2012
|
|
| 295 |
|
|
INDIA CAPITAL MARKETS PVT.LTD.
(PAN:AABCN0802B)
(Member : BSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE VIOLATING REGULATION 7 READ WITH CLAUSE A(2) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF R.M.MOHITE TEXTILE LTD. AND ATLAS CYCLES (HARYANA) LTD.
|
IMPOSED PENALTY RS.1,00,000
28-SEP-2011
|
|
| 296 |
|
|
INDIA INFOLINE LTD.
(PAN:AAACI7105D)
(Member : BSE/NSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE VIOLATING REGULATION 9 READ WITH CLAUSE A(2) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF UNITED SPIRITS LTD.
|
IMPOSED PENALTY RS.2,00,000
23-FEB-2018
|
|
| 297 |
|
|
INDIA INFOLINE LTD.
(PAN:AAACI7105D)
(Member : BSE/NSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE VIOLATING REGULATION 7 READ WITH CLAUSE A(2) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF SAINT-GOBAIN SEKURIT INDIA LTD.
|
IMPOSED PENALTY RS.3,00,000
31-JUL-2019
|
SEBI VIDE ITS NOTICE DATED 16/10/2020 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL AND/OR MUTUAL FUNDS TO 1. ATTACH ALL THE ACCOUNTS (INCLUDING MUTUAL FUNDS) 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
SAT: SAT VIDE ITS ORDER DATED 01/09/2021 DISMISSED THE APPEAL
SAT: SAT VIDE ITS ORDER DATED 01/09/2021 DISMISSED THE APPEAL
SEBI VIDE ITS ORDER DATED 17/10/2020 DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS INCLUDING LOCKERS,DEMAT ACCOUNTS AND MUTUAL FUND FOLIOS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 16/10/2020
|
| 298 |
|
|
INDIA INFOLINE LTD.
(PAN:AAACI7105D)
(Member : BSE/NSE)
|
|
|
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(1),A(2) AND A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF PYRAMID SAIMIRA THEATRE LTD.
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
10-NOV-2015
|
|
| 299 |
|
|
INDIA INFOLINE LTD.
(PAN:AAACI7105D)
(Member : BSE/NSE)
|
|
|
DID NOT EXERCISE DUE SKILL, CARE & DILIGENCE AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(2) AND B(2) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
13-MAY-2013
|
|
| 300 |
|
|
INDIA INFOLINE SECURITIES PVT.LTD.
(PAN:AABCI0745G)
(Member : BSE/NSE)
|
|
|
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS AND NOT EXERCISING DUE SKILL, CARE & DILIGENCE VIOLATING REGULATION 7 READ WITH CLAUSES A(1) & A(2) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF ASIAN STAR CO.LTD.
|
IMPOSED PENALTY RS.5,00,000
12-JAN-2012
|
SAT: APPEAL DISMISSED WITH NO ORDER AS TO COSTS
|
| 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 15 of 40
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