| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 481 |
|
JITENDRA J.BHABHERA,M/S
(Member : BSE)
|
|
|
|
JITENDRA J.BHABHERA
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED AND CIRCULAR TRANSACTIONS AND REVERSAL OF TRADE TRANSACTONS IN SCRIP OF KRBL LTD.
DID NOT MAINTAINING 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 KRBL LTD.
|
IMPOSED PENALTY RS.3,50,000
26-FEB-2010
|
|
| 482 |
|
|
JITENDRA J.BHABHERA,M/S
(Member : BSE)
|
|
|
|
JITENDRA J.BHABHERA
|
|
ACTED IN CONCERT WITH ANOTHER CLIENT TO CREATE ARTIFICIAL MARKET/PRICE RISE THROUGH MATCHING/SYNCHRONISED DEALS IN SCRIP OF HAVELLS INDIA LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE
|
IMPOSED PENALTY RS.1,50,000
26-NOV-2008
|
|
| 483 |
|
|
JLG SECURITIES PVT.LTD.
(PAN:AABCJ3812F)
(Member : UPSE)
|
|
|
FACILITATED AND FUNDED ITS EMPLOYEES IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED, SELF-TRADES AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF REGENCY HOSPITAL LTD.
|
IMPOSED PENALTY RS.25,00,000
31-JUL-2019
|
SAT: SAT VIDE ITS ORDER DATED 28/04/2021 DIRECTED RESPONDENT TO FILE REPLY WITHIN TWO WEEKS FROM DATE OF THIS ORDER AND APPELLANT TO FILE REJOINDER TWO WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 09/06/2021 ALLOWED APPELLANT TO THREE WEEKS TIME TO FILE REJOINDER
SEBI VIDE ITS NOTICE DATED 17/08/2021 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
SAT: SAT VIDE ITS ORDER DATED 15/07/2021 DIRECTED APPELLANTS THREE WEEKS TO FILE REJOINDER FROM DATE OF THIS ORDER
SAT: SAT VIDE ITS ORDER DATED 30/08/2021 ADJOURNED THE PROCEEDINGS. DIRECTED APPELLANTS TO ENSURE THAT THE FRESH STAY APPLICATIONS FILE BY THEM ARE SERVED UPON THE RESPONDENT WITHIN 24 HOURS FROM THE DATE OF THIS ORDER
SAT: SAT VIDE ITS ORDER DATED 07/09/2021 DISPOSED OF THE APPLICATIONS TO LIST THE MATTER ON 14/09/2021
SAT: SAT VIDE ITS ORDER DATED 22/12/2021 SET ASIDE IMPUGNED ORDER DATED 31/07/2019 AND MATTER REMITTED TO AO TO PASS FRESH ORDER WITHIN SIX MONTHS FROM DATE OF THIS ORDER
SEBI VIDE ITS NOTICE DATED 27/01/2022 ALLOWED THE APPEAL AND 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 17/08/2021
|
| 484 |
|
|
JM FINANCIAL SERVICES LTD.
(PAN:AAACJ5977A)
(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
|
|
| 485 |
|
|
JMP SECURITIES PVT.LTD.
(PAN:AAACJ8850C)
(Member : BSE/NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL VOLUME THROUGH SELF-TRADES IN SCRIP OF VERTEX SPINNING LTD.
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 VERTEX SPINNING LTD.
|
IMPOSED PENALTY RS.25,00,000
31-JAN-2018
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.39,73,750 VIDE CONSENT ORDER)
16-JAN-2019
|
SAT: SAT VIDE ITS ORDER DATED 07/12/2018 CONDONED THE DELAY OF 21 DAYS IN FILING OF APPEAL. APPEAL AND MISC.APPLICATION DISPOSED OFF IN TERMS OF SETTLEMENT. NO COSTS
SEBI VIDE ITS CONSENT ORDER DATED 16/01/2019 DISPOSED OFF THE CASE AS THE APPLICANT HAS PAID RS.39,73,750.00 VIDE DEMAND DRAFT NO 048121 DATED 30/11/2018 TOWARDS SETTLEMENT CHARGES
|
| 486 |
|
|
JMP SECURITIES PVT.LTD.
(PAN:AAACJ8850C)
(Member : BSE)
|
|
|
|
MAHESH VORA
|
|
ACTED IN CONCERT TO CREATE ARTIFICIAL MARKET/PRICE IN SCRIP OF ELTROL LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 05-OCT-2005 TILL FURTHER ORDERS
05-OCT-2005
|
DIRECTION ISSUED VIDE AD INTERIM EX-PARTE ORDER DATED 05/10/2005 REVOKED VIDE ORDER DATED 28/07/2010
|
| 487 |
|
|
JMP SECURITIES PVT.LTD.
(PAN:AAACJ8850C)
(Member : BSE)
|
|
|
ACTED IN CONCERT WITH JOBBERS AND CLIENTS TO CREATE ARTIFICIAL MARKET BY INDULGING IN FAKED JOBBING TRANSACTIONS IN THE CASE OF GLOBAL TELESYSTEMS LTD.
|
IMPOSED PENALTY RS.1,00,000
30-NOV-2005
|
|
| 488 |
|
|
JOINDRE CAPITAL SERVICES LTD.
(PAN:AAACJ1480E)
(Member : BSE/BGSE/COCSE/SKSE/VSE/CMBSE/NSE/ICSE)
|
|
|
ALLEGED VIOLATION OF REGULATIONS 4(1),4(2) (A),(B),(E),(G) AND (N) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ADANI EXPORTS LTD.
ALLEGED VIOLATION OF REGULATIONS 7(A) (1) TO (5) OF SEBI (STOCK BROKERS AND SUB-BROKERS) REGULATIONS, 1992 IN MATTER OF ADANI EXPORTS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,50,000 VIDE CONSENT ORDER)
26-DEC-2008
|
|
| 489 |
|
|
JOINDRE CAPITAL SERVICES LTD.
(PAN:AAACJ1480E)
(Member : NSE/CMBSE/VSE/SKSE/COCSE/BGSE/BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CROSS DEALS BY MATCHING ORDER QUANTITY, PRICE AND TIMINGS OF BUY AND SELL ORDERS IN SCRIP OF MILLENNIUM CYBERTECH LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 24-JAN-2006 TILL FURTHER ORDERS
24-JAN-2006
|
DIRECTIONS ISSUED VIDE SEBI ORDER DATED 24/01/2006 VACATED VIDE ORDER DATED 13/03/2010.
|
| 490 |
|
|
JOINDRE CAPITAL SERVICES LTD.
(PAN:AAACJ1480E)
(Member : NSE/BSE)
|
|
|
DID NOT COLLECT MARGINS FROM CLIENTS
AIDED/ABETTED ITS CLIENTS IN MANIPULATIVE AND FRAUDULENT TRANSACTIONS IN SCRIP OF SNOWCEM INDIA LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 15-FEB-2006 TO 16-MAR-2006
25-JAN-2006
|
SAT: IMPUGNED ORDER MODIFIED BY CONVERTING SUSPENSION OF 1 MONTH TO MONETARY PENALTY OF RS.50,000
|
| 491 |
|
|
JOINDRE CAPITAL SERVICES LTD.
(PAN:AAACJ1480E)
(Member : BSE/COCSE/SKSE/NSE/CMBSE/VSE/BGSE/ICSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF IFSL LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 28-SEP-2005 TILL FURTHER ORDERS
28-SEP-2005
|
CONFIRMED INTERIM ORDER DATED 28/09/2005
|
| 492 |
|
|
JOINDRE CAPITAL SERVICES LTD.
(PAN:AAACJ1480E)
(Member : BSE/BGSE/COCSE/CMBSE/NSE/SKSE/VSE/ICSE)
|
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR TRADES IN SCRIP OF PARSOLI CORP.LTD.
ALLEGED FAILURE IN MAINTENANCE OF 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 PARSOLI CORP.LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.7,00,000 VIDE CONSENT ORDER)
08-MAR-2011
|
|
| 493 |
|
|
JOINDRE CAPITAL SERVICES LTD.
(PAN:AAACJ1480E)
(Member : BSE/BGSE/COCSE/CMBSE/NSE/SKSE/VSE/ICSE)
|
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SAYAJI HOTELS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.3,00,000 VIDE CONSENT ORDER)
14-MAR-2011
|
|
| 494 |
|
|
JRK STOCK BROKING PVT.LTD.
(PAN:AABCJ8648K)
(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
|
|
| 495 |
|
|
JRM SHARES & STOCK BROKERS PVT.LTD.
(Member : BSE)
|
|
|
|
MONICA PATEL
|
|
INDULGED IN TRANSACTIONS WITH INTENTION OF ARTIFICIALLY DEPRESSING THE PRICE OF SCRIP OF MAGIC TRADING & AGENCIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 08-AUG-2004 TO 07-JAN-2005
19-JUL-2004
|
|
| 496 |
|
|
JUGGONPRASAD BAIJNATH,M/S
(Member : CSE)
|
|
|
|
JUGGONPRASAD BAIJNATH
|
|
|
MOHANLAL L.NATHANY
|
|
AIDED AND ABETTED THE CLIENTS IN CREATION OF ARTIFICIAL MARKET/PRICE RISE IN SCRIP OF ANKIT PRACHI TRADING & INVESTMENTS LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 17-MAY-2007 TO 16-NOV-2007
26-APR-2007
|
|
| 497 |
|
|
JYOTISH BHOGILAL STOCK BROKERS PVT.LTD.
(PAN:AAACJ5486G)
(Member : ASE)
|
|
|
ALLEGED INDULGENCE IN PRICE MANIPULATION AND IRREGULAR TRANSACTIONS IN SCRIP OF OJAS TECHNOCHEM PRODUCTS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,50,000 VIDE CONSENT ORDER)
20-NOV-2007
|
|
| 498 |
|
|
JYOTISH BHOGILAL STOCK BROKERS PVT.LTD.
(PAN:AAACJ5486G)
(Member : ASE)
|
|
|
DEALT WITH BROKERS OF OTHER EXCHANGES WITHOUT SEBI REGISTRATION AS SUB-BROKER
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE IN MATTER OF SAWACA BUSINESS MACHINES LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SAWACA BUSINESS MACHINES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 10-NOV-2004 TO 09-MAY-2005
20-OCT-2004
|
|
| 499 |
|
|
K.G.VORA SECURITIES LTD.
(Member : BSE)
|
|
|
IN THE CASE OF SOUNDCRAFT INDUSTRIES LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
15-JUL-2002
|
|
| 500 |
|
|
KABU INVESTMENT SERVICES
(Member : PSE)
|
|
|
|
FEROZ S.GANGJI
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF HOME TRADE LTD.
DEFAULTED IN VERIFYING FINANCIAL CAPABILITIES AND NET WORTH OF CLIENTS
DID NOT MAINTAIN CLIENT REGISTRATION FORMS
DID NOT MAINTAIN CLIENT AGREEMENTS
DID NOT ADHERE TO "KNOW YOUR CLIENT" DIRECTIVES/INSTRUCTIONS/GUIDELINES
DID NOT OBTAIN ACKNOWLEDGEMENT ON COUNTERFOILS OF CONTRACT NOTES
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 21-DEC-2005 TO 20-JAN-2006
30-NOV-2005
|
|
| 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 25 of 62
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