| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 981 |
|
SANCHAY FINVEST LTD.
(PAN:AAHCS7494J)
(Member : NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS/REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF MAHARASHTRA SEAMLESS LTD.
FAILED IN MAINTAINING INTEGRITY, NOT EXERCISED DUE SKILL AND CARE, 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 MAHARASHTRA SEAMLESS LTD.
|
IMPOSED PENALTY RS.50,000
26-AUG-2009
|
COMPANY VIDE PAY ORDER NO.000524 DATED 12/11/2009 FOR RS.50,000.00 (RUPEES FIFTY THOUSAND ONLY) DRAWN ON AXIS BANK LTD. PAID THE PENALTY AMOUNT TO SEBI ON 13/11/2009
|
| 982 |
|
|
SANCHAY FINVEST LTD.
(PAN:AAHCS7494J)
(Member : NSE/OTC/MPSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION TO INFLUENCE PRICE UPWARDS DURING PRICING PERIOD OF FCCB OF ACKRUTI CITY LTD.,WELSPUN STAHL-ROHREN LTD.,BRUSHMAN (INDIA) LTD.,RPG TRANSMISSION LTD. AND MURLI INDUSTRIES LTD.
|
DIRECTED NOT TO TAKE NEW CLIENTS AS STOCK BROKER FROM 02-DEC-2010 TILL FURTHER ORDERS
DIRECTED NOT TO UNDERTAKE ANY PROPRIETARY TRADES IN SECURITIES
DIRECTED NOT TO BUY, SELL OR DEAL IN SECURITIES IN OWN/PROPRIETARY ACCOUNT FROM 02-DEC-2010 TILL FURTHER ORDERS
02-DEC-2010
|
DIRECTED VIDE ORDER DATED 05/02/2011 (1) NOT TO DISPOSED OFF OR ALIENATE SHARES BELONGING TO VARIOUS SCRIPS. (2)NSDL TO FREEZE SHARES LYING IN THE ACCOUNT OF IFSL. (3) BACKGROUND PURPOSE AND OTHER ATTENDANT CIRCUMSTANCES RELATING TO OFF-MARKET TRANSFERS FROM THE ACCOUNT OF PCSL TO IFSL AND SUBSEQUENT PART SALE OF TRANSFERRED SHARES SHALL BE INVESTIGATED
SEBI VIDE ITS ORDER DATED 19/07/2011 HAS CONFIRMED INTERIM EX-PARTE DIRECTIONS ISSUED VIDE ORDER DATED 02/12/2010
INTERIM DIRECTIONS ISSUED VIDE ORDER DATED 02/12/2010 REVOKED VIDE ORDER DATED 16/03/2012
|
| 983 |
|
|
SANCHAY FINVEST LTD.
(PAN:AAHCS7494J)
(Member : NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET THROUGH STRUCTURED, SYNCHRONIZED, CIRCULAR AND REVERSAL OF TRADES TRANSACTIONS IN SCRIPS OF AARTI DRUGS LTD. AND HAVELLS INDIA LTD.
|
IMPOSED PENALTY RS.3,00,000
15-FEB-2010
|
COMPANY VIDE PAY ORDER NO.001367 DATED 09/09/2010 FOR RS.3,00,000.00 (RUPEES THREE LACS ONLY) DRAWN ON AXIS BANK LTD. PAID THE PENALTY AMOUNT TO SEBI ON 13/09/2010
|
| 984 |
|
|
SANJAY BIYANI,M/S
(Member : MPSE)
|
|
|
|
SANJAY BIYANI
|
|
ACTED IN CONCERT WITH BROKERS AND CLIENTS TO CREATE ARTIFICIAL MARKET/PRICE RISE THROUGH CROSS DEALS BY MATCHING ORDER QUANTITY, PRICE AND TIMINGS OF BUY AND SELL TRANSACTIONS IN SCRIP OF KWALITY DAIRY (INDIA) LTD.
NON-COOPERATION WITH SEBI IN INVESTIGATIONS
|
IMPOSED PENALTY RS.10,00,000
14-SEP-2006
|
INCLUDED IN SEBI LIST DATED 31/03/2014, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
SEBI VIDE ITS ORDER DATED 30/04/2015 DIRECTED HDFC BANK LTD. TO RELEASE ½ OF THE BALANCE AVAILABLE IN SAVING BANK ACCOUNT NO.00361930000718 AND IN FDRS ACCOUNT NO.00364410036080 & 00364410036090 TO SHRI GOVIND DAS BIYANI ON HIS REQUEST. HDFC BANK LTD. IS DIRECTED THAT THE ATTACHMENT ON THE SAID THREE ACCOUNTS SHALL CONTINUE TILL FURTHER ORDERS EXCEPT FOR THE PURPOSE OF RELEASING HALF OF THE SHARE TO SHRI GOVIND DAS BIYANI
SEBI VIDE ITS NOTICE DATED 16/07/2014 DIRECTED ALL THE BANKS 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
SEBI VIDE ITS ORDER DATED 20/12/2016 DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS/LOCKERS/DEMAT ACCOUNTS AND MUTUAL FUND FOLIOS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 16/07/2014
|
| 985 |
|
|
SANJAY C.BAXI SECURITIES PVT.LTD.
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS IN SCRIP OF KILPEST INDIA 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 KILPEST INDIA LTD.
|
IMPOSED PENALTY RS.5,00,000
31-JAN-2011
|
|
| 986 |
|
|
SANJAY KHEMANI,M/S
(Member : CSE)
|
|
|
|
SANJAY KHEMANI
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF SPANCO TELESYSTEMS & SOLUTIONS LTD.
VIOLATED REGULATION 7 READ WITH CODE OF CONDUCT AS SPECIFIED IN SCHEDULE 11 OF STOCK BROKER REGULATION
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 19-APR-2007 TO 03-MAY-2007
29-MAR-2007
|
|
| 987 |
|
|
SANJAY R.SHAH,M/S
(Member : ASE)
|
|
|
|
SANJAY RAMESHCHANDRA SHAH
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR TRANSACTIONS IN SCRIP OF MONALISA INFOTECH LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS WHILE DEALING IN SCRIP OF MONALISA INFOTECH LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 01-APR-2010 TO 30-APR-2010
10-MAR-2010
|
|
| 988 |
|
|
SANJU KABRA,M/S
(Member : CSE)
|
|
|
|
SANJU KABRA
|
|
DID NOT EXERCISE DUE SKILL AND DILIGENCE
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF PRIME CAPITAL MARKET LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 29-SEP-2005 TO 28-SEP-2007
17-MAY-2007
|
|
| 989 |
|
|
SANJU KABRA,M/S
(Member : CSE)
|
|
|
|
SANJU KABRA
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS/CROSS DEALS IN SCRIP OF BSR FINANCE & CONSTRUCTION LTD.
|
IMPOSED PENALTY RS.3,00,000
10-JUN-2009
|
|
| 990 |
|
|
SANJU KABRA,M/S
(Member : CSE)
|
|
|
|
SANJU KABRA
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF GLOBAL CAPITAL MARKETS LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 29-SEP-2005 TO 28-JAN-2006
02-JUL-2008
|
SAT: EX-PARTE ORDER DATED 29/09/2005 MODIFIED AND PENALTY AMOUNT REDUCED TO RS.1,50,000 FROM RS.3,00,000 ,VIDE ORDER DATED 30/03/2010. NO ORDER AS TO COSTS
|
| 991 |
|
|
SANJU KABRA,M/S
(Member : CSE)
|
|
|
|
SANJU KABRA
|
|
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 BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 29-SEP-2005 TILL FURTHER ORDERS
29-SEP-2005
|
DIRECTED THAT INTERIM ORDER DATED 29/09/2005 SHALL REMAIN IN FORCE TILL FURTHER ORDERS
|
| 992 |
|
|
SANKALP SHARE BROKERS PVT.LTD.
(PAN:AAICS6652B)
(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
|
|
| 993 |
|
|
SANTOSH KUMAR KEJRIWAL SECURITIES PVT.LTD.
(Member : CSE)
|
|
|
ALLEGED INDULGENCE IN MANIPULATIVE TRANSACTIONS IN SCRIP OF ADINATH BIO-LABS LTD.
ALLEGED INDULGENCE IN VIOLATION OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF ADINATH BIO-LABS LTD.
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.50,000 VIDE CONSENT ORDER)
27-OCT-2009
|
|
| 994 |
|
|
SANTOSH KUMAR KEJRIWAL SECURITIES PVT.LTD.
(Member : CSE)
|
|
|
|
PAWAN KUMAR KEJRIWAL
|
|
|
VIJAY KUMAR KEJRIWAL
|
|
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
|
CONFIRMED INTERIM ORDER DATED 30/11/2005 RESTRICTING BROKER'S DEALING ONLY IN CALCUTTA STOCK EXCHANGE
DIRECTED THAT INTERIM ORDER SHALL REMAIN IN FORCE TILL FURTHER ORDERS
|
| 995 |
|
|
SARA SECURITIES PVT.LTD.
(PAN:AADCS5951Q)
(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
|
|
| 996 |
|
|
SAREEN & CO.
(Member : DSE)
|
|
|
INDULGED IN PRICE MANIPULATION AND CREATED FALSE MARKET IN SCRIP OF M.S.SHOES (EAST) LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 16-JAN-1998 TO 15-JAN-1999
09-JAN-1998
|
|
| 997 |
|
|
SAT PAL RAWAL,M/S
(PAN:AAAPR1276R)
(Member : BSE)
|
|
|
|
SAT PAL RAWAL
PAN:AAAPR1276R
|
|
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 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
14-MAR-2023
|
|
| 998 |
|
|
SATCO CAPITAL MARKETS LTD.
(PAN:AAACS6813N)
(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.6,00,000 VIDE CONSENT ORDER)
14-MAR-2023
|
|
| 999 |
|
|
SATYANARAYAN NANGALIA,M/S
(Member : BSE)
|
|
|
|
SATYANARAYAN NANGALIA
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIPS OF BPL LTD., VIDEOCON INTERNATIONAL LTD. AND STERLITE INDUSTRIES LTD.
|
DEBARRED FROM UNDERTAKING FRESH BUSINESS AS STOCK BROKER FROM 02-NOV-1998
30-OCT-1998
|
|
| 1000 |
|
|
SATYANARAYAN NANGALIA,M/S
(Member : BSE)
|
|
|
|
SATYANARAYAN NANGALIA
|
|
ACTED IN CONCERT WITH OTHER BROKERS TO CORNER A VERY LARGE QUANTITY OF SHARES OF BPL, VIDEOCON AND STERLITE
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIPS OF BPL LTD., VIDEOCON INTERNATIONAL LTD. AND STERLITE INDUSTRIES LTD.
DID NOT COLLECT MARGINS FROM CLIENTS
DEFAULTED IN PAY-IN OBLIGATIONS
PROVIDED WRONG/INCOMPLETE INFORMATION TO EXCHANGES
DID NOT REPORT SPOT TRANSACTIONS TO THE EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 15-JUN-1998 TO 14-JUN-2001
28-OCT-1999
|
|
| 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 50 of 62
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