| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 821 |
|
PRAKASH NAHATA & CO.
(Member : CSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS/CROSS DEALS IN SCRIP OF BSR FINANCE & CONSTRUCTION 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) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF BSR FINANCE & CONSTRUCTION LTD.
|
IMPOSED PENALTY RS.6,00,000
21-JAN-2010
|
INCLUDED IN SEBI LIST DATED 31/03/2011, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 822 |
|
|
PRAKASH NAHATA & CO.
(Member : CSE)
|
|
|
ACTED IN CONCERT TO CREATE ARTIFICIAL MARKET/PRICE RISE THROUGH CROSS DEALS EXECUTED AT SAME TERMINAL IN SCRIP OF OFFSHORE FINVEST LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 12-MAY-2010 TO 11-AUG-2010
21-APR-2010
|
|
| 823 |
|
|
PRAKASH NAHATA & CO.
(Member : CSE)
|
|
|
INDULGED IN MARKET MANIPULATION AND PRICE MANIPULATION THROUGH SYNCHRONIZED AND CROSS DEALS IN SCRIP OF RAMKRISHNA FINCAP 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 RAMKRISHNA FINCAP LTD.
|
IMPOSED PENALTY RS.1,50,000
15-DEC-2010
|
|
| 824 |
|
|
PRAKASH NAHATA & CO.
(Member : CSE)
|
|
|
INDULGED IN OFF-MARKET TRANSACTIONS AND PRICE MANIPULATION IN SCRIP OF ASHIKA CREDIT CAPITALS LTD.
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING WITH CLIENTS IN SCRIP OF ASHIKA CREDIT CAPITALS LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 26-DEC-2008 TO 25-JAN-2009
05-DEC-2008
|
|
| 825 |
|
|
PRAKASH NAHATA & CO.
(Member : CSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CROSS DEALS AND SYNCHRONIZED TRANSACTIONS IN SCRIP OF BOLTON PROPERTIES 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 BOLTON PROPERTIES LTD.
|
IMPOSED PENALTY RS.6,00,000
07-JUN-2010
|
INCLUDED IN SEBI LIST DATED 31/03/2014, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 826 |
|
|
PRAKASH NAHATA & CO.
(Member : CSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS IN SCRIP OF CYBER FAMILY.COM LTD.
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING IN SCRIP OF CYBER FAMILY.COM LTD.
|
IMPOSED PENALTY RS.3,00,000
02-JUL-2009
|
|
| 827 |
|
|
PRAKASH NAHATA & CO.
(Member : CSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CROSS AND NEGOTIATED DEALS IN SCRIP OF QUALITY SYNTHETIC INDUSTRIES LTD.
|
IMPOSED PENALTY RS.3,50,000
30-NOV-2009
|
|
| 828 |
|
|
PRAMOD GUPTA & CO.
(Member : VSE)
|
|
|
|
PRAMOD GUPTA
|
|
INDULGED IN PRICE RIGGING IN SCRIP OF MAA LEAFIN & CAPITALS LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 01-JAN-1998 TO 31-DEC-1998
15-DEC-1997
|
|
| 829 |
|
|
PRAMOD KUMAR JAIN SECURITIES PVT.LTD.
(PAN:AAACP6229P)
(Member : BSE)
|
|
|
DEALT WITH UN-REGISTERED SUB-BROKERS
ALLEGED INDULGENCE IN IRREGULAR TRANSACTIONS IN SCRIP OF AXEL POLYMERS LTD.
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.5,00,000 VIDE CONSENT ORDER)
02-DEC-2009
|
|
| 830 |
|
|
PRAMOD KUMAR JAIN SECURITIES PVT.LTD.
(PAN:AAACP6229P)
(Member : BSE)
|
|
|
ALLEGED INDULGENCE IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR/SYNCHRONIZED TRANSACTIONS IN SCRIP OF JINDAL POLYESTER 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 JINDAL POLYESTER LTD.
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.2,50,000 VIDE CONSENT ORDER)
23-SEP-2009
|
|
| 831 |
|
|
PRAMOD KUMAR JAIN,M/S
(Member : BSE)
|
|
|
|
PRAMOD KUMAR JAIN
|
|
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.2,50,000
29-MAR-2010
|
|
| 832 |
|
|
PRAMOD KUMAR KOTHARI,M/S
(Member : CSE)
|
|
|
|
PRAMOD KUMAR KOTHARI
|
|
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
|
| 833 |
|
|
PRAMOD KUMAR KOTHARI,M/S
(Member : CSE)
|
|
|
|
PRAMOD KUMAR KOTHARI
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS 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
26-FEB-2010
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 834 |
|
|
PRAMOD KUMAR KOTHARI,M/S
(Member : CSE)
|
|
|
|
PRAMOD KUMAR KOTHARI
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CROSS DEALS AND SYNCHRONIZED TRANSACTIONS IN SCRIP OF CYBER FAMILY.COM LTD.
|
IMPOSED PENALTY RS.3,00,000
02-JUN-2009
|
SAT: APPEAL DISMISSED AS WITHDRAWN
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 835 |
|
|
PRAMOD KUMAR KOTHARI,M/S
(Member : CSE)
|
|
|
|
PRAMOD KUMAR KOTHARI
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CROSS DEALS AND SYNCHRONIZED TRANSACTIONS IN SCRIP OF BOLTON PROPERTIES 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 BOLTON PROPERTIES LTD.
|
IMPOSED PENALTY RS.5,00,000
14-JUN-2010
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 836 |
|
|
PRAMODKUMAR JAIN SECURITIES PVT.LTD.
(PAN:AAACP6229P)
(Member : BSE)
|
|
|
ALLEGED MARKET MANIPULATION IN SCRIP OF MOREPEN LABORATORIES LTD.AND ENTERED INTO STRUCTURED DEALS WITH KETAN SHAH WITH A VIEW TO CREATE ARTIFICIAL LIQUIDITY
DID NOT ACT PROFESSIONALLY AND ENSURING CONFIDENTIALITY OF DEALINGS OF ITS CLIENTS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
06-JAN-2003
|
|
| 837 |
|
|
PRANAV SECURITIES PVT.LTD.
(Member : BSE/NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF PADMALAYA TELEFILMS LTD.
VIOLATED REGULATIONS 4(A), 4(B), 4(C) AND 4(D) OF SEBI (PFUTP) REGULATIONS, 1995
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 07-FEB-2007 TO 06-JUN-2007
18-JAN-2007
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.5,00,000, LEGAL EXPENSES RS.50,000 VIDE CONSENT ORDER)
13-FEB-2008
|
SAT: APPEAL DISPOSED OFF AS APPELLANT PAID RS.5,00,000 TOWARDS SETTLEMENT CHARGES AND RS.50,000 TOWARDS LEGAL EXPENSES AS PER CONSENT ORDER
|
| 838 |
|
|
PRANAV SECURITIES PVT.LTD.
(Member : BSE)
|
|
|
ALLEGED INDULGENCE IN IRREGULAR TRANSACTIONS IN SCRIPS OF AARTI INDUSTRIES LTD.,AARTI DRUGS LTD.,HAVELLS INDIA LTD.,JINDAL POLYSTER LTD.,KRBL LTD.,NIRMA LTD.,OPTO CIRCUITS LTD.,TASC PHARMACEUTICALS LTD. AND LYKA LABS LTD.
ALLEGED FAILURE IN 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 AARTI INDUSTRIES LTD.,AARTI DRUGS LTD.,HAVELLS INDIA LTD.,JINDAL POLYSTER LTD.,KRBL LTD.,NIRMA LTD.,OPTO CIRCUITS LTD.,TASC PHARMACEUTICALS LTD. AND LYKA LABS LTD.
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.5,50,000 VIDE CONSENT ORDER)
30-AUG-2010
|
|
| 839 |
|
|
PRASHANT JAYANTILAL PATEL,M/S
(PAN:AABPP2156M)
(Member : NSE)
|
|
|
|
PRASHANT JAYANTILAL PATEL
PAN:AABPP2156M
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED AND STRUCTURED DEALS IN SCRIP OF ROOFIT INDUSTRIES LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS AND INDULGED IN MANIPULATIVE ACTIVITIES VIOLATING REGULATION 7 READ WITH CLAUSES A(1) AND A(4) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF ROOFIT INDUSTRIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 15-MAY-2012 TO 21-MAY-2012
24-APR-2012
|
SAT: SAT VIDE ITS ORDER DATED 12/11/2012 REDUCED THE PENALTY TO WARNING FROM SUSPENSION OF CERTIFICATE OF REGISTRATION FOR A WEEK
|
| 840 |
|
|
PRASHANT JAYANTILAL PATEL,M/S
(PAN:AABPP2156M)
(Member : NSE)
|
|
|
|
PRASHANT JAYANTILAL PATEL
PAN:AABPP2156M
|
|
VIOLATED REGULATIONS 4(A), 4(B), 4(C) AND 4(D) OF SEBI (PFUTP) REGULATIONS, 1995
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 27-DEC-2006 TO 02-JAN-2007
07-DEC-2006
|
SAT: IMPUGNED ORDER SHALL REMAIN STAYED DURING PENDENCY OF THE APPEAL
SAT: APPEAL ALLOWED AND IMPUGNED ORDER DATED 07/12/2006 SET ASIDE WITH PARTIES TO BEAR THEIR OWN 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 42 of 62
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