| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 681 |
|
MURARI LAL GOENKA,M/S
(Member : CSE)
|
|
|
|
MURARI LAL GOENKA
|
|
ACTED IN CONCERT WITH OTHER BROKERS TO CREATE ARTIFICIAL MARKET AND PRICE RISE THROUGH CONTINUOUS SELF DEALS EXECUTED AT ONE TERMINAL AND CROSS DEALS AMONG THEMSELVES
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 30-NOV-2005 TILL FURTHER ORDERS
30-NOV-2005
|
DIRECTED THAT INTERIM ORDER SHALL REMAIN IN FORCE TILL FURTHER ORDERS
RESTRAINT ORDER IMPOSED BY WAY OF INTERIM ORDERS DATED 29/09/2005 AND 30/11/2005 AND LATER CONFIRMED BY ORDERS DATED 12/01/2006 AND 31/05/2006 VACATED
|
| 682 |
|
|
N.M.LOHIA & CO.
(Member : CSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CROSS DEALS/SYNCHRONIZED TRANSACTIONS IN SCRIP OF EXCELLON AGENCIES 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) AND B(4) (A) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF EXCELLON AGENCIES LTD.
|
IMPOSED PENALTY RS.3,00,000
05-NOV-2009
|
INCLUDED IN SEBI LIST DATED 31/03/2014, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
SAT: ORDER MODIFIED BY REDUCING PENALTY AMOUNT TO RS.2,00,000 FROM RS.3,00,000
|
| 683 |
|
|
N.M.LOHIA & CO.
(Member : CSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SANGOTRI CONSTRUCTIONS 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 SANGOTRI CONSTRUCTIONS LTD.
|
IMPOSED PENALTY RS.2,00,000
22-FEB-2011
|
|
| 684 |
|
|
N.M.LOHIA & CO.
(Member : CSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS AND CROSS DEALS IN SCRIP OF QUEST FINANCIAL SERVICES 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 QUEST FINANCIAL SERVICES LTD.
|
IMPOSED PENALTY RS.4,00,000
28-OCT-2009
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 685 |
|
|
N.M.LOHIA & CO.
(Member : CSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRADES AND CROSS DEALS IN SCRIP OF PSL FINANCIAL SERVICES 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 PSL FINANCIAL SERVICES LTD.
|
IMPOSED PENALTY RS.1,00,000
21-FEB-2011
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 686 |
|
|
N.M.LOHIA & CO.
(Member : CSE)
|
|
|
|
N.M.LOHIA
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF RICHFIELD FINANCIAL SERVICE LTD.
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING IN SCRIP OF RICHFIELD FINANCIAL SERVICES LTD.
|
IMPOSED PENALTY RS.6,00,000
14-MAY-2009
|
SAT: APPEAL FAILED AND DISMISSED WITH NO ORDER AS TO COSTS.
SAT: APPEAL DISMISSED WITH NO ORDER AS TO COSTS
INCLUDED IN SEBI LIST DATED 30/09/2012, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 687 |
|
|
N.M.LOHIA & CO.
(Member : CSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SELF TRADES, CROSS DEALS AND SYNCHRONIZED TRANSACTIONS IN SCRIP OF STENLY CREDIT CAPITAL 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) IN MATTER OF STENLY CREDIT CAPITAL LTD.
|
IMPOSED PENALTY RS.1,50,000
28-OCT-2010
|
|
| 688 |
|
|
N.M.LOHIA & CO.
(Member : CSE)
|
|
|
VIOLATED SEBI CODE OF CONDUCT
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF GLOBE STOCKS & SECURITIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 16-APR-2007 TO 15-OCT-2007
26-MAR-2007
|
|
| 689 |
|
|
N.M.LOHIA & CO.
(Member : CSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF TOPLIGHT COMMERCIAL LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 11-MAY-2009 TO 10-SEP-2009
20-APR-2009
|
|
| 690 |
|
|
NAKAMICHI SECURITIES LTD.
(PAN:AABCN0733D)
(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
|
|
| 691 |
|
|
NAM SECURITIES LTD.
(Member : NSE)
|
|
|
|
ASHWANI GOYAL
|
|
IRREGULARITIES IN TRADE IN SCRIP OF EIDER INFOTECH LTD. WHICH RESULTED IN STEEP INCREASE IN PRICE OF SCRIP
DID NOT EXERCISE DUE CARE AND DILIGENCE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 09-SEP-2004 TO 08-MAR-2005
19-AUG-2004
|
SAT: IMPUGNED ORDER MODIFIED BY REDUCING PERIOD OF SUSPENSION FROM 6 MONTHS TO 2 WORKING DAYS OF MARKET
|
| 692 |
|
|
NAMAN SECURITIES & FINANCE PVT.LTD.
(PAN:AAACN1917G)
(Member : BSE/NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF ADANI EXPORTS LTD.
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING IN SCRIP OF ADANI EXPORTS LTD.
|
IMPOSED PENALTY RS.1,50,000
18-JUN-2009
|
|
| 693 |
|
|
NAMAN SECURITIES & FINANCE PVT.LTD.
(PAN:AAACN1917G)
(Member : BSE/NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF ADANI 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 ADANI EXPORTS LTD.(NOW KNOWN AS ADANI ENTERPRISES LTD.)
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 24-MAY-2012 TO 23-JUL-2012
03-MAY-2012
|
SAT: APPEAL ALLOWED. NO COSTS
|
| 694 |
|
|
NAMAN SECURITIES & FINANCE PVT.LTD.
(PAN:AAACN1917G)
(Member : NSE/BSE)
|
|
|
ALLEGED INDULGENCE IN INDIRECT FUND-BASED ACTIVITIES
ALLEGED INDULGENCE IN MARKET MANIPULATION AND PRICE MANIPULATION THROUGH MANIPULATIVE TRADES IN SCRIP OF MIRC ELETRONICS LTD.
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.3,00,000 VIDE CONSENT ORDER)
12-AUG-2010
|
|
| 695 |
|
|
NAMAN SECURITIES & FINANCE PVT.LTD.
(PAN:AAACN1917G)
(Member : NSE/BSE)
|
|
|
ALLEGED INDULGENCE IN INDIRECT FUND-BASED ACTIVITIES
ALLEGED INDULGENCE IN MARKET MANIPULATION AND PRICE MANIPULATION THROUGH MANIPULATIVE TRADES IN SCRIP OF PRUDENTIAL PHARMACEUTICALS LTD.
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.30,00,000 VIDE CONSENT ORDER)
12-AUG-2010
|
|
| 696 |
|
|
NARAYAN CAPITAL SERVICES PVT.LTD.
(PAN:AACCK5633Q)
(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
|
|
| 697 |
|
|
NARAYAN SECURITIES LTD.
(PAN:AAACN2728F)
(Member : NSE)
|
|
|
|
ASHVIN SARAF
|
|
|
NARAYAN SARAF
|
|
|
RAMESH SARAF
|
|
DID NOT EXERCISE DUE SKILL AND DILIGENCE IN MATTER OF VATSA MUSIC LTD.
INDULGED IN CREATION OF FALSE MARKET AND PRICE MANIPULATION IN SCRIP OF VATSA MUSIC LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 03-FEB-2009 TO 02-MAR-2009
13-JAN-2009
|
SAT: APPEAL FAILED AND DISMISSED WITH NO ORDER AS TO COSTS
|
| 698 |
|
|
NARESH CHAND CHANDAK,M/S
(Member : CSE)
|
|
|
|
NARESH CHAND CHANDAK
|
|
INDULGED IN SYNCHRONIZED TRADING IN SCRIP OF RANBAXY LABORATORIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 20-APR-2007 TO 26-APR-2007
30-MAR-2007
|
|
| 699 |
|
|
NAVJEEVAN EQUITY BROKING PVT.LTD.
(PAN:AACCG2788C)
(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
|
|
| 700 |
|
|
NAYAN M VALA SECURITIES PVT.LTD.
(PAN:AACCN3191Q)
(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
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 35 of 62
|
