| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1201 |
|
VISARIA SECURITIES PVT.LTD.
(PAN:AAACV7721L)
(Member : NSE/BSE)
|
|
|
INDULGED IN PRICE MANIPULATION IN SCRIP OF GLOBAL TRUST BANK LTD.
VIOLATED SEBI CODE OF CONDUCT
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 01-NOV-2004 TO 31-JAN-2005
11-OCT-2004
|
SAT: IMPUGNED ORDER SET ASIDE
|
| 1202 |
|
|
VISHAL J.SHAH & CO.
(Member : CSE)
|
|
|
DID NOT ADHERE TO "KNOW YOUR CLIENT" DIRECTIVES/INSTRUCTIONS/GUIDELINES
AIDED ASHWIN MEHTA IN PRICE MANIPULATION IN SCRIP OF WESTERN PROJECTS LTD.
DID NOT EXERCISE DUE CARE AND SKILL IN DEALING WITH CLIENTS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
23-FEB-2007
|
|
| 1203 |
|
|
VISHAL J.SHAH & CO.
(Member : CSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CROSS DEALS IN SCRIP OF DSQ INDUSTRIES LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
14-OCT-2005
|
|
| 1204 |
|
|
VISHAL VIJAY SHAH,M/S
(PAN:BBJPS3622P)
(Member : BSE)
|
|
|
|
VISHAL VIJAY SHAH
PAN:BBJPS3622P
|
|
DID NOT SUBMIT REQUIRED INFORMATION/DOCUMENTS/RECORDS/DETAILS SOUGHT VIDE SUMMONS IN FRONT RUNNING OF TRADES IN MATTER OF STERLING GROUP OF COMPANIES
AIDED AND ABETTED ENTITIES/PERSONS IN FRONT RUNNING OF TRADES IN MATTER OF STERLING GROUP OF COMPANIES
INDULGED IN CREATION OF FALSE AND FICTITIOUS RECORDS OF PURPORTED TRADES FOR FRAUDULENT PURPOSE VIOLATING CLAUSES A(1) AND A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN FRONT RUNNING OF TRADES IN MATTER OF STERLING GROUP OF COMPANIES
|
IMPOSED PENALTY RS.8,00,000
29-APR-2022
|
SEBI VIDE ITS NOTICE DATED 24/11/2022 DIRECTED TO PAY RS.8,65,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS NOTICE DATED 14/12/2022 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS 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 NOTICE DATED 20/01/2023 ALLOWED THE APPEAL AND DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUND FOLIOS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 14/12/2022
SEBI VIDE ITS ORDER DATED 20/01/2023 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.6057 OF 2022 DATED 24/11/2022
|
| 1205 |
|
|
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
|
| 1206 |
|
|
VISHVAS SECURITIES LTD.
(PAN:AAACV2921N)
(Member : NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SELF TRADES IN SCRIP OF EXEDY INDIA LTD.
|
IMPOSED PENALTY RS.10,00,000
12-MAR-2013
|
SEBI VIDE ITS NOTICE DATED 31/08/2016 DIRECTED ALL THE BANKS AND MUTUAL FUNDS 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
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 1207 |
|
|
VISHVAS SECURITIES LTD.
(PAN:AAACV2921N)
(Member : NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SELF, SYNCHRONIZED AND CIRCULAR TRADES IN SCRIP OF GANGOTRI TEXTILES 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 REGULATIONS 7, 17(1) READ WITH 18 OF CLAUSES A(1) TO A(5) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF GANGOTRI TEXTILES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 12-OCT-2016 TO 12-APR-2017
20-SEP-2016
|
|
| 1208 |
|
|
VISHWAS FINCAP SERVICES PVT.LTD.
(PAN:AAACV4205D)
(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
|
|
| 1209 |
|
|
VIVENASRI FINANCIAL SERVICES LTD.
(CIN:U65921TG1994PLC018806)
(Member : HSE)
|
|
|
ACTED IN CONCERT WITH OTHER ENTITIES TO MANIPULATE THE MARKET THROUGH CROSS DEALS, STRUCTURED DEALS AND CIRCULAR TRADING IN SCRIP OF ZODIAC CLOTHING COMPANY LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 15-SEP-2003 TO 14-SEP-2008
08-AUG-2006
|
|
| 1210 |
|
|
VN PAREKH SECURITIES PVT.LTD.
(Member : BSE)
|
|
|
INDULGED IN MANIPULATIVE TRADES
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 08-MAR-2004
08-MAR-2004
|
ENQUIRY PROCEEDINGS INITIATED AGAINST NOTICEE IN MATTER OF RANBAXY LABORATORIES LTD. DISPOSED OFF VIDE ORDER DATED 03/08/2010,AS CERTIFICATE OF REGISTRATION OF NOTICEE HAS ALREADY BEEN CANCELLED BY SEBI VIDE ORDER DATED 08/03/2004
|
| 1211 |
|
|
VYOMIT SHARES STOCKS & INVESTMENTS PVT.LTD.
(PAN:AAACV3499H)
(Member : BSE)
|
|
|
ALLEGED INDULGENCE IN IRREGULAR TRANSACTIONS IN SCRIPS OF HIMACHAL FUTURISTIC COMMUNICATIONS LTD. AND GLOBAL TELESYSTEMS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.25,000 VIDE CONSENT ORDER)
REACHED SETTLEMENT (CONSENT ORDER) (AGREED VOLUNTARILY TO BE SUSPENDED FROM REGISTRATION AS STOCK BROKER) FROM 09-APR-2009 TO 08-APR-2010
09-APR-2009
|
|
| 1212 |
|
|
WALLFORT FINANCIAL SERVICES LTD.
(Member : BSE/NSE/CSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF SPANCO TELESYSTEMS & SOLUTIONS LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
11-DEC-2006
|
|
| 1213 |
|
|
WALLFORT SHARE & STOCK BROKERS PVT.LTD.
(PAN:AAACW0750G)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF NEDUNGADI BANK LTD.
|
IMPOSED PENALTY RS.6,00,000
01-DEC-2008
|
|
| 1214 |
|
|
WELDEAL SHARES PVT.LTD.
(Member : CMBSE)
|
|
|
MANIPULATION IN BUYING, SELLING AND DEALING IN SCRIP OF JINDAL IRON & STEEL CO.LTD.
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 12-DEC-2003
12-DEC-2003
|
|
| 1215 |
|
|
WELLWORTH SHARE & STOCK BROKING LTD.
(Member : BSE)
|
|
|
ALLEGED INDULGENCE IN MANIPULATION IN SCRIP OF KOSIAN INDUSTRIES LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.2,50,000 VIDE CONSENT ORDER)
18-MAR-2009
|
|
| 1216 |
|
|
WOODSTOCK BROKING PVT.LTD.
(Member : NSE)
|
|
|
INDULGED IN SYNCHRONIZED TRANSACTIONS IN SCRIP OF DSQ SOFTWARE LTD.
VIOLATED SEBI CODE OF CONDUCT
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 27-JUN-2007 TO 26-JUN-2008
06-JUN-2007
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.3,00,00,000 VIDE CONSENT ORDER)
17-OCT-2008
|
SAT: ORDER DATED 06/06/2007 DISPOSED OFF, AS APPLICANT AGREED TO PAY RS.3,00,00,000 AS PER CONSENT ORDER DATED 17/10/2008
|
| 1217 |
|
|
WOODSTOCK SECURITIES PVT.LTD.
(Member : BSE)
|
|
|
INDULGED IN SYNCHRONIZED TRANSACTIONS IN SCRIP OF DSQ SOFTWARE LTD.
VIOLATED SEBI CODE OF CONDUCT
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 27-JUN-2007 TO 26-JUN-2008
06-JUN-2007
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.50,00,000 VIDE CONSENT ORDER)
17-OCT-2008
|
SAT: ORDER DATED 06/06/2007 DISPOSED OFF, AS APPLICANT AGREED TO PAY RS.50,00,000 AS PER CONSENT ORDER DATED 17/10/2008
|
| 1218 |
|
|
WOODSTOCK SECURITIES PVT.LTD.
(Member : BSE/NSE)
|
|
|
INDULGED IN PRICE MANIPULATION IN SCRIP OF GLOBAL TRUST BANK LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF GLOBAL TRUST BANK LTD.
PARKED SHARES TO CIRCUMVENT SEBI TAKEOVER CODE, 1997
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 31-DEC-2002 TILL INVESTIGATION COMPLETED
31-DEC-2002
|
|
| 1219 |
|
|
YADAV & CO.
(Member : DSE)
|
|
|
INDULGED IN PRICE MANIPULATION AND CREATED FALSE MARKET IN SCRIP OF M.S.SHOES (EAST) LTD.
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DEFAULTED IN MAINTENANCE OF BOOKS OF ACCOUNTS
DID NOT PAY STAMP DUTY ON CONTRACT NOTES
DID NOT INFORM SEBI ABOUT CHANGE OF ADDRESS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 30-JUN-1998 TO 29-SEP-1998
26-JUN-1998
|
|
| 1220 |
|
|
YASHWI SECURITIES PVT.LTD.
(PAN:AAACY2134J)
(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 61 of 62
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