| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 61 |
|
JYOTISH BHOGILAL STOCK BROKERS PVT.LTD.
(PAN:AAACJ5486G)
(Member : ASE)
|
|
|
ALLEGED FAILURE IN EXERCISING DUE SKILL, CARE AND DILIGENCE WHILE DEALING IN SCRIP OF MONALISA INFOTECH LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.3,00,000 VIDE CONSENT ORDER)
19-OCT-2011
|
|
| 62 |
|
|
KHANDWALA SECURITIES LTD.
(PAN:AAACK2214P)
(Member : BSE/NSE)
|
|
|
ALLEGED INDULGENCE IN IRREGULAR TRANSACTIONS VIOLATING REGULATIONS 4(B) (C) AND (D) OF SEBI (PFUTP) REGULATIONS, 2003 IN SCRIP OF DSQ SOFTWARE LTD.
ALLEGED FAILURE IN EXERCISING DUE SKILL, CARE & DILIGENCE, INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(2) TO A(4) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF DSQ SOFTWARE LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.40,00,000 VIDE CONSENT ORDER)
15-SEP-2009
|
|
| 63 |
|
|
KOTAK SECURITIES LTD.
(PAN:AAACK3436F)
(Member : NSE/BSE/OTC)
|
|
|
ALLEGED NON-EXERCISE OF DUE SKILL, CARE & DILIGENCE, DID NOT ADHERE TO STATUTORY REQUIREMENTS AND PROVIDING INVESTMENT ADVICE VIOLATING REGULATION 7 READ WITH CLAUSES A(2),A(5) AND B(7) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF KOTAK SECURITIES LTD.
ALLEGED INDULGENCE IN IRREGULAR TRANSACTIONS VIOLATING REGULATIONS 2(C)(5),4(1) AND 4(2) OF SEBI (PFUTP) REGULATIONS, 2003 IN SCRIP OF KOTAK SECURITIES LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.2,00,000 VIDE CONSENT ORDER)
07-OCT-2009
|
|
| 64 |
|
|
M.AGARWAL STOCK BROKERS PVT.LTD.
(Member : DSE)
|
|
|
DEALT WITH UN-REGISTERED SUB-BROKERS
ALLEGED FAILURE IN MAINTAINING INTEGRITY, PROMPTITUDE & FAIRNESS, NOT EXERCISED DUE SKILL, CARE & DILIGENCE, INDULGED IN MANIPULATIVE ACTIVITIES, NOT COMPLIED WITH STATUTORY REQUIREMENTS AND FILING FALSE OR MISLEADING RETURNS VIOLATING REGULATION 7 READ WITH CLAUSES A(1) TO A(5) AND C(6) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF KARISHMA FLORICULTURE LTD.
ALLEGED INDULGENCE IN PRICE MANIPULATION THROUGH IRREGULAR TRANSACTIONS IN SCRIP OF KARISHMA FLORICULTURE LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.3,00,000 VIDE CONSENT ORDER)
09-OCT-2009
|
|
| 65 |
|
|
MAHESHWARI TECHNICAL & FINANCIAL SERVICES LTD.
(Member : NSE,Depository Participants : NSDL)
|
|
|
DEALT WITH UN-REGISTERED SUB-BROKERS
ALLEGED INDULGENCE IN MARKET MANIPULATION AND PRICE MANIPULATION THROUGH CROSS, STRUCTURED AND SYNCHRONIZED DEALS IN SCRIP OF SHAMKEN MULTIFAB LTD.
ALLEGED FAILURE IN EXERCISING DUE SKILL, CARE & DILIGENCE, INDULGED IN MANIPULATIVE ACTIVITIES AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(2) TO A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF SHAMKEN MULTIFAB LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.20,00,000 VIDE CONSENT ORDER)
12-AUG-2010
|
|
| 66 |
|
|
MANGAL KESHAV SECURITIES LTD.
(PAN:AAECM6524C)
(Member : BSE/NSE)
|
|
|
ALLEGED INDULGENCE IN IRREGULAR TRANSACTIONS IN SCRIP OF JINDAL STAINLESS LTD.
ALLEGED VIOLATION OF CLAUSES A (1), (2) (3), (4), (5) OF CODE OF CONDUCT SPECIFIED IN SCHEDULE II OF REGULATION 7 OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.7,00,000 VIDE CONSENT ORDER)
20-MAY-2009
|
|
| 67 |
|
|
MANGAL KESHAV SECURITIES LTD.
(PAN:AAECM6524C)
(Member : BSE/NSE)
|
|
|
ALLEGED INDULGENCE IN AIDING AND ABETTING FINCARE FINANCIAL CONSULTANCY SERVICES PVT.LTD. IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS IN SCRIPS OF BSEL INFRASTRUCTURE REALTY LTD. AND MAHARASHTRA SEAMLESS LTD.
ALLEGED FAILURE IN MAINTENANCE OF INTEGRITY, PROMPTITUDE & FAIRNESS, DID NOT EXERCISE 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.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.7,00,000 VIDE CONSENT ORDER)
19-FEB-2010
|
|
| 68 |
|
|
MANOJ SARNA & CO.
(Member : LSE)
|
|
|
ALLEGED FAILURE IN MAINTENANCE OF INTEGRITY, PROMPTITUDE & FAIRNESS VIOLATING REGULATION 7 READ WITH CLAUSES A(1) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF CLASSIC GLOBAL IMPEX LTD.(NOW KNOWN AS DEVINE IMPEX LTD.)
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.3,00,000 VIDE CONSENT ORDER)
04-MAY-2010
|
|
| 69 |
|
|
MANSUKHLAL MANILAL UPADHYAY,M/S
(Member : BSE)
|
|
|
|
MANSUKHLAL MANILAL UPADHYAY
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR TRANSACTIONS IN SCRIP OF K SERA SERA PRODUCTIONS LTD.
ALLEGED FAILURE IN MAINTENANCE OF INTEGRITY, PROMPTITUDE & FAIRNESS AND INDULGED IN PRICE MANIPULATION VIOLATING REGULATION 7 READ WITH CLAUSES A(1) AND A(3) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF K SERA SERA PRODUCTIONS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.4,00,000 VIDE CONSENT ORDER)
24-FEB-2010
|
|
| 70 |
|
|
MANSUKHLAL MANILAL UPADHYAY,M/S
(Member : BSE)
|
|
|
|
MANSUKHLAL MANILAL UPADHYAY
|
|
ALLEGED FAILURE IN MAINTAINING INTEGRITY, PROMPTITUDE & FAIRNESS, 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 GRAVITY INDIA LTD.
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED/MATCHED TRADES IN SCRIP OF GRAVITY INDIA LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.4,00,000 VIDE CONSENT ORDER)
23-OCT-2009
|
|
| 71 |
|
|
MASTER CAPITAL SERVICES LTD.
(PAN:AABCM1406A)
(Member : BSE/NSE/OTC/LSE)
|
|
|
ALLEGED FAILURE IN EXERCISING DUE SKILL, CARE & DILIGENCE AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATION 9(F) READ WITH CLAUSES A(2) AND A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992
ALLEGED VIOLATION OF SEBI CIRCULARS NO.MRD/DOP/SE/CIR-20/2005 DATED 08/09/2005 AND MIRSD/SE/CIR-19/2009 DATED 03/12/2009
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.7,65,000 VIDE CONSENT ORDER)
06-SEP-2017
|
|
| 72 |
|
|
MATRIX EQUITRADE PVT.LTD.
(Member : BSE/NSE)
|
|
|
ALLEGED VIOLATION OF REGULATION 4(2) (A) OF SEBI (PFUTP) REGULATIONS, 2003 AND CLAUSE A(1),(2),(3) AND (5) OF CODE OF CONDUCT OF SEBI (STOCK BROKERS AND SUB-BROKERS) REGULATIONS, 1992 IN MATTER OF NISSAN COPPER LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.50,000 VIDE CONSENT ORDER)
18-NOV-2008
|
|
| 73 |
|
|
MAVERICK SHARE BROKERS LTD.
(PAN:AAECM8942N)
(Member : BSE/NSE)
|
|
|
ALLEGED FAILURE IN EXERCISING DUE SKILL & CARE AS A STOCK BROKER VIOLATING CLAUSE A(2) OF CODE OF CONDUCT FOR STOCK BROKERS AS SPECIFIED UNDER SCHEDULE II OF REGULATION 7/REGULATION 9(F) OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN THE SCRIP OF BYKE HOSPITALITY LTD.,THE
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.5,00,000 VIDE CONSENT ORDER)
29-JAN-2018
|
|
| 74 |
|
|
MAVERICK SHARE BROKERS LTD.
(PAN:AAECM8942N)
(Member : BSE/NSE/MCX)
|
|
|
ALLEGED FAILURE IN EXERCISING DUE SKILL & CARE AS A STOCK BROKER VIOLATING CLAUSE A(2) OF CODE OF CONDUCT FOR STOCK BROKERS AS SPECIFIED UNDER SCHEDULE II OF REGULATION 9 OF SEBI (STOCK BROKERS) REGULATIONS, 1992
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.23,80,166 VIDE CONSENT ORDER)
25-OCT-2017
|
|
| 75 |
|
|
MITESH MANUBHAI SHETH,M/S
(Member : ASE)
|
|
|
|
MITESH MANUBHAI SHETH
|
|
ALLEGED VIOLATION OF REGULATION 17,17(1)(I),21(4) AND 26(1),30(1) AND CLAUSE B(2) OF CODE OF CONDUCT UNDER SCHEDULE II TO REGULATION 7 OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
ALLEGED VIOLATION OF RULE 15(1),15(2) (C) OF SECURITIES CONTRACTS (REGULATION) ACT, 1956
ALLEGED VIOLATION OF RULE 3 OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 24-APR-1995
24-APR-1995
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.2,00,000, LEGAL EXPENSES RS.1,00,000 VIDE CONSENT ORDER)
22-MAR-2010
|
ORDER DATED 24/04/1995 DISPOSED OFF, AS APPLICANT AGREED TO PAY RS.2,00,000 TOWARDS SETTLEMENT CHARGES AND RS.1,00,000 TOWARDS LEGAL EXPENSES, AS PER CONSENT ORDER DATED 22/03/2010
|
| 76 |
|
|
MITTAL SECURITIES PVT.LTD.
(PAN:AAECM8498D)
(Member : NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH MATCHED AND SYNCHRONIZED TRANSACTIONS IN SCRIP OF DSQ SOFTWARE LTD.
VIOLATED SEBI CODE OF CONDUCT
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 20-JUN-2007 TO 19-OCT-2007
30-MAY-2007
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.20,00,000, LEGAL EXPENSES RS.50,000 VIDE CONSENT ORDER)
17-OCT-2008
|
SAT: IMPUGNED ORDER DATED 30/05/2007 MODIFIED, AS APPLICANT AGREED TO PAY RS.20,50,000 AS PER CONSENT ORDER DATED 17/10/2008
|
| 77 |
|
|
MONARCH NETWORTH CAPITAL LTD.
(PAN:AAACN1184F)
(Member : BSE/NSE)
|
|
|
ALLEGED ENGAGE IN A CO-ORDINATED SCHEME TO INDUCE INVESTORS TO ACQUIRE SECURITIES OF ATLANTAA LTD. BY UPLOADING FALSE & MISLEADING VIDEOS ON CERTAIN YOUTUBE CHANNELS
ALLEGED FAILURE IN CARRYING OUT NECESSARY DUE DILIGENCE AND DID NOT ADHERE TO STATUTORY REQUIREMENTS WHILE DEALING WITH CLIENTS VIOLATING CLAUSES A(2) AND A(5) OF CODE OF CONDUCT AS SPECIFIED IN SCHEDULE II UNDER REGULATION 9(F) OF SEBI (STOCK BROKERS) REGULATIONS, 1992IN MATTER OF ATLANTAA LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.11,37,500 VIDE CONSENT ORDER)
21-FEB-2025
|
|
| 78 |
|
|
MPSE SECURITIES LTD.
(PAN:AADCM6438L)
(Depository Participants : CDSL,Member : NSE/BSE)
|
|
|
ALLEGED FAILURE IN ENTERING INTO AGREEMENT WITH CLIENT AS REQUIRED UNDER CLAUSE D (2) OF CODE OF CONDUCT FOR BROKERS AS SPECIFIED UNDER REGULATION 7 OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992
ALLEGED NON MAINTENANCE OF AGREEMENT AS REQUIRED UNDER CLAUSE 1(N) OF REGULATION 17 OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992
ALLEGED DEFAULT IN MAINTAINING TRIPARTILE AGREEMENT BETWEEN BROKER-SUB BROKER AND CLIENTS AS REQUIRED VIDE SEBI CIRCULAR NO.SEBI/MRD/DOPS/CIR-11/2005 DATED 12/05/2005
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,25,000, ADMINISTRATION CHARGES RS.25,000 VIDE CONSENT ORDER)
15-JUN-2009
|
|
| 79 |
|
|
NCJ SHARE & STOCK BROKERS LTD.
(PAN:AABCN3702G)
(Member : BSE)
|
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR TRANSACTIONS IN SCRIP OF G.G.AUTOMOTIVE GEARS LTD.
ALLEGED FAILURE IN MAINTENANCE OF INTEGRITY, PROMPTITUDE & FAIRNESS, NOT EXERCISING DUE SKILL, CARE & DILIGENCE, INDULGED IN MANIPULATIVE ACTIVITIES AND NOT COMPLYING 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 G.G.AUTOMOTIVE GEARS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.15,00,000 VIDE CONSENT ORDER)
14-FEB-2012
|
|
| 80 |
|
|
NDA SECURITIES LTD.
(Member : BSE/OTC/NSE)
|
|
|
ALLEGED INDULGENCE IN IRREGULAR TRANSACTIONS IN VARIOUS SCRIPS
ALLEGED FAILURE IN EXERCISING DUE SKILL, CARE & DILIGENCE, INDULGED IN MANIPULATIVE ACTIVITIES AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING REGULATION 7 READ WITH CLAUSES A(2),A(3) AND A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.5,00,000 VIDE CONSENT ORDER)
30-JAN-2008
|
|
| 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 4 of 7
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