| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 561 |
|
VCK SHARE & STOCK BROKING SERVICES LTD.
(CIN:U67110WB1989PLC046799
PAN:AAACV8988P)
(Member : NSE/CSE/ASE/OTC)
|
|
|
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
CHARGED EXCESS BROKERAGE
DID NOT MAINTAIN CLIENT AGREEMENTS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENTS' SECURITIES AND OWN SECURITIES
DID NOT MAINTAIN DATABASE AND RECORDS OF INVESTOR COMPLAINTS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
DEALT IN CASH WITH CLIENTS
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
18-JUL-2011
|
|
| 562 |
|
|
VCK SHARE & STOCK BROKING SERVICES LTD.
(CIN:U67110WB1989PLC046799
PAN:AAACV8988P)
(Member : NSE)
|
|
|
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT SETTLE RUNNING ACCOUNTS OF ACTIVE AND/OR INACTIVE CLIENTS
INCORRECT REPORTING OF MARGIN TO STOCK EXCHANGES
|
IMPOSED PENALTY RS.7,00,000
25-OCT-2019
|
|
| 563 |
|
|
VED BROTHERS SECURITIES PVT.LTD.
(PAN:AABCN2375H)
(Member : BSE/NSE)
|
|
|
DID NOT PROVIDE INFORMATION/DOCUMENTS OF SETTLEMENT OF RUNNING ACCOUNTS OF CLIENTS AND PROOF OF DELIVERY OF STATEMENTS
DID NOT SETTLE RUNNING ACCOUNTS OF ACTIVE AND/OR INACTIVE CLIENTS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
|
IMPOSED PENALTY RS.7,00,000
31-OCT-2018
|
|
| 564 |
|
|
VEDICA SECURITIES PVT.LTD.
(Member : NSE)
|
|
|
DEALT WITH UN-REGISTERED SUB-BROKERS
DID NOT TRANSFER DIVIDEND TO CLIENTS ACCOUNT
|
IMPOSED PENALTY RS.2,00,000
31-JAN-2011
|
|
| 565 |
|
|
VEDIKA SECURITIES PVT.LTD.
(PAN:AAACV8839R)
(Member : NSE/BSE)
|
|
|
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
|
IMPOSED PENALTY RS.1,00,000
16-JUL-2018
|
|
| 566 |
|
|
VEER JAIN & CO.
(Member : JSE)
|
|
|
DID NOT PAY FEES TO SEBI
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 28-MAY-1998 TO 27-JUN-1998
15-MAY-1998
|
|
| 567 |
|
|
VENKATESHWARLU KONDURI,M/S
(Member : HSE)
|
|
|
|
VENKATESHWARLU KONDURI
|
|
DID NOT ISSUE CONTRACT NOTES
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
DID NOT ENTER INTO AGREEMENT WITH CLIENTS
DEFAULTED IN MAINTENANCE OF DOCUMENTS REGISTER
USED CLIENT'S SECURITIES FOR RAISING FUNDS
USED EXCHANGE MECHANISM IN ORDER TO MEET FINANCIAL OBLIGATIONS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 15-FEB-1999 TO 14-AUG-1999
05-FEB-1999
|
|
| 568 |
|
|
VENTURA SECURITIES LTD.
(PAN:AAACV1361J)
(Member : BSE/NSE)
|
|
|
DID NOT MAINTAIN STOCK MISMATCH ALERT
DID NOT REPORT SHORTFALL IN COLLECTION OF EOD MARGIN TO STOCK EXCHANGES
PASSED PENALTY TO CLIENTS ON SHORT/NON-COLLECTION AND/OR REPORTING OF UPFRONT MARGINS
MADE INCORRECT AND/OR DID NOT REPORT ENHANCED SUPERVISION OF DATA TO STOCK EXCHANGES
DISCREPANCIES IN MARGIN TRADING FUNDING
DID NOT ADHERE TO CYBER SECURITY REQUIREMENTS
|
IMPOSED PENALTY RS.5,00,000
28-JUN-2024
|
|
| 569 |
|
|
VICTORY PORTFOLIO LTD.
(Member : NSE)
|
|
|
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
CONTRACT NOTES NOT SIGNED BY AUTHORISED REPRESENTATIVES
ALLOTTED SERIAL NUMBERS ON CONTRACT NOTES ON DAILY BASIS INSTEAD OF YEARLY BASIS
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
13-JAN-2006
|
|
| 570 |
|
|
VIJAY GUPTA & CO.
(Member : LSE)
|
|
|
INDULGED IN ILLEGAL CARRY FORWARD TRANSACTIONS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT RECTIFY BAD DELIVERIES IN TIME
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
19-NOV-1999
|
|
| 571 |
|
|
VIJAY KUMAR PATNI,M/S
(Member : CSE)
|
|
|
|
VIJAY KUMAR PATNI
|
|
INDULGED IN OFF-MARKET TRANSACTIONS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
INDULGED IN UNAUTHORISED FUND-BASED ACTIVITIES
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 02-SEP-2003 TO 01-JAN-2004
12-AUG-2003
|
|
| 572 |
|
|
VIJETA BROKING INDIA PVT.LTD.
(PAN:AACCV6700F)
(Member : NSE/BSE)
|
|
|
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
ENGAGED IN BUSINESS OTHER THAN SECURITIES
MADE INCORRECT AND/OR DID NOT REPORT ENHANCED SUPERVISION OF DATA TO STOCK EXCHANGES
DID NOT UPLOAD DETAILS OF CLIENT TO STOCK EXCHANGE UNDER FUNDS AND SECURITIES MODULE OF ENHANCED SUPERVISION
DID NOT PROVIDE VOICE RECORDING FOR TRADES
DID NOT CAPTURE DETAILS LIKE CLIENT CODE AND NAME ETC.
|
IMPOSED PENALTY RS.3,00,000
30-JUN-2022
|
|
| 573 |
|
|
VINOD KUMAR & CO.
(Member : UPSE)
|
|
|
|
VINOD KUMAR
|
|
INDULGED IN ILLEGAL CARRY FORWARD TRANSACTIONS
DEFAULTED IN MAINTENANCE OF BOOKS OF ACCOUNTS
DID NOT ROUTE CLIENT'S TRANSACTIONS THROUGH CLIENT ACCOUNT
DID NOT RECTIFY BAD DELIVERIES IN TIME
MISUSED EXCHANGE MECHANISM TO SETTLE LOAN TRANSACTIONS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 30-MAR-1999 TO 29-MAY-1999
24-MAR-1999
|
|
| 574 |
|
|
VIPIN AHUJA & CO.
(Member : UPSE)
|
|
|
INDULGED IN ILLEGAL CARRY FORWARD TRANSACTIONS
MISUSED DEBIT NOTE FACILITY IN STOCK EXCHANGE
DID NOT REPORT PRINCIPAL-TO-PRINCIPAL TRANSACTIONS TO THE EXCHANGE
DID NOT REPORT SPOT TRANSACTIONS TO THE EXCHANGE
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 22-JUN-1999 TO 22-DEC-1999
18-JUN-1999
|
|
| 575 |
|
|
VISHAL VIJAY SHAH,M/S
(PAN:BBJPS3622P)
(Member : BSE)
|
|
|
|
VISHAL VIJAY SHAH
PAN:BBJPS3622P
|
|
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
ACCEPTED PAYMENTS FROM THIRD PARTIES IN CASH AND MADE PAYMENTS TO THIRD PARTIES ON BEHALF OF CLIENTS AND WITHDREW
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 22-JUL-2020 TO 21-JUL-2021
01-JUL-2020
|
|
| 576 |
|
|
VISHAL VIJAY SHAH,M/S
(PAN:BBJPS3622P)
(Member : BSE)
|
|
|
|
VISHAL VIJAY SHAH
PAN:BBJPS3622P
|
|
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
TRANSFERRED SHARES TO NON-CLIENTS
MADE PAYMENTS TO THIRD PARTIES ON BEHALF OF CLIENTS AND WITHDREW CASH FROM CLIENT ACCOUNTS
|
IMPOSED PENALTY RS.15,00,000
23-FEB-2018
|
|
| 577 |
|
|
VISHAL VIJAY SHAH,M/S
(PAN:BBJPS3622P)
(Member : BSE)
|
|
|
|
VISHAL VIJAY SHAH
PAN:BBJPS3622P
|
|
ISSUED FICTITIOUS CONTRACT NOTES
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR TRADES AND SYNCHRONIZED TRANSACTIONS IN SCRIP OF MAHARASHTRA POLYBUTENES LTD.
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 29-JAN-2021 TO 28-JAN-2022
DEBARRED FROM BEING EMPLOYED OR ASSOCIATED WITH ANY REGISTERED INTERMEDIARIES OR OTHER PERSON DEALING IN SECURITIES MARKET, DIRECTLY OR INDIRECTLY AND IN ANY OTHER MANNER FROM 29-JAN-2021 TO 28-JAN-2022
08-JUL-2020
|
SEBI VIDE ITS ORDER DATED 08/01/2021 DIRECTED TO DEBAR FROM BEING EMPLOYED OR ASSOCIATED WITH ANY REGISTERED INTERMEDIARY OR OTHER PERSON DEALING IN SECURITIES MARKET, DIRECTLY OR INDIRECTLY AND IN ANY OTHER MANNER FOR A PERIOD OF ONE YEAR
SAT: SAT VIDE ITS ORDER DATED 22/03/2021 DISMISSED THE APPEAL
|
| 578 |
|
|
VKB CAPITAL SERVICES LTD.
(Member : LSE)
|
|
|
DEFAULTED IN MAINTENANCE OF BOOKS OF ACCOUNTS
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DEALT WITH BROKERS OF OTHER EXCHANGES WITHOUT SEBI REGISTRATION AS SUB-BROKER
INDULGED IN OFF-THE-FLOOR TRANSACTIONS
DID NOT DELIVER SECURITIES TO CLIENTS IN TIME
DID NOT PAY FEES TO SEBI
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 07-JAN-2004 TO 06-APR-2004
17-DEC-2003
|
|
| 579 |
|
|
VNS FINANCE & CAPITAL SERVICES LTD.
(PAN:AAACV6221B)
(Depository Participants : CDSL,Member : NSE/BSE)
|
|
|
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
MISUSED PLEDGING OF CLIENT’S SECURITIES
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT UPDATE CLIENTS EMAIL IDS AND MOBILE NUMBERS
DID NOT UPLOAD KNOW YOUR CLIENTS (KYC) DOCUMENTS TO KRA PROCESSES
DID NOT PROVIDE CORRECT DATA TO STOCK EXCHANGE UNDER RISK-BASED SUPERVISION
PROVIDED INCORRECT COLLATERAL DATA TO STOCK EXCHANGES
|
IMPOSED PENALTY RS.11,00,000
15-DEC-2022
|
|
| 580 |
|
|
VSE STOCK SERVICES LTD.
(PAN:AABCV4258K)
(Member : NSE/BSE)
|
|
|
DID NOT MAINTAIN CLIENT ORDER PLACEMENT EVIDENCE DURING INSPECTION PERIOD
DID NOT ACCEPT AS NO NAME/ SIGNATURE /STAMP OF INSPECTING OFFICIALS IN INSPECTION REPORTS OF 2019, 2022 AND 2023 AS AVAILABLE ON RECORD
DID NOT DISPLAY DO’S AND DON’TS AS PER PRESCRIBED FORMAT
DID NOT DISPLAY SEBI REGISTRATION CERTIFICATE & INFORMATION REGARDING GRIEVANCE REDRESSAL MECHANISM
ALLOWED TERMINAL TO UNAUTHORISED USERS
|
IMPOSED PENALTY RS.2,00,000
30-SEP-2024
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 29 of 30
|
