| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 121 |
|
ASIAN SECURITIES & STOCKS LTD.
(Member : NSE)
|
|
|
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
DID NOT REPORT SPOT TRANSACTIONS TO THE EXCHANGE
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 17-AUG-1998 TO 16-FEB-2000
28-OCT-1999
|
|
| 122 |
|
|
ATUL K.DALAL,M/S
(Member : ASE)
|
|
|
|
ATUL K.DALAL
|
|
INDULGED IN PRICE MANIPULATION WHICH LEAD TO UPSETTING AND DISTORTING MARKET EQUILIBRIUM
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 27-APR-1998 TO 26-APR-2000
22-APR-1998
|
|
| 123 |
|
|
B.K.KHULLAR & CO.
(Member : DSE)
|
|
|
ACTED IN CONCERT WITH OTHER BROKERS, PROMOTERS AND ASSOCIATED ENTITIES OF THE COMPANY TO CREATE ARTIFICIAL PRICE RISE IMMEDIATELY PRIOR TO THE OPENING OF PUBLIC-CUM-RIGHTS ISSUE OF MEFCOM CAPITAL MARKETS LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 19-JAN-2006 TO 17-FEB-2006
29-DEC-2005
|
|
| 124 |
|
|
B.LODHA SECURITIES LTD.
(PAN:AAACB7538F)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF KARUNA CABLES LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 29-NOV-2005 TILL FURTHER ORDERS
29-NOV-2005
|
CONFIRMED INTERIM ORDER DATED 29/11/2005
|
| 125 |
|
|
B.M.GANDHI SECURITIES PVT.LTD.
(PAN:AABCB3557B)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF MALVICA ENGINEERING LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE IN CONDUCT OF ITS BUSINESS AS A BROKER
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 17-JAN-2007 TO 16-MAR-2007
27-DEC-2006
|
SAT: IMPUGNED ORDER SET ASIDE AND APPEAL ALLOWED WITH NO ORDER AS TO COSTS
|
| 126 |
|
|
B.M.GANDHI SECURITIES PVT.LTD.
(PAN:AABCB3557B)
(Member : BSE)
|
|
|
ACTED IN CONCERT WITH SUB-BROKERS/CLIENTS/INTER-CONNECTED ENTITIES TO CREATE ARTIFICIAL MARKET BY EXECUTING ARRANGEMENT DEALS IN SCRIP OF MALVICA ENGINEERING LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 15-FEB-2006 TO 14-APR-2006
25-JAN-2006
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER SET ASIDE
|
| 127 |
|
|
B.M.GANDHI SECURITIES PVT.LTD.
(PAN:AABCB3557B)
(Member : BSE)
|
|
|
IN THE CASE OF DSQ BIOTECH LTD.
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
15-JUL-2002
|
|
| 128 |
|
|
B.R.JALAN SECURITIES PVT.LTD.
(PAN:AAACB4606Q)
(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
|
|
| 129 |
|
|
BADRI PRASAD & SONS
(Member : CSE)
|
|
|
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
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
|
| 130 |
|
|
BAHUBALI FOREX PVT.LTD.
(PAN:AAECB6882G)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET THROUGH REVERSAL OF TRADE AND FICTITIOUS TRANSACTIONS IN STOCK OPTIONS UNDER EQUITY DERIVATIVE SEGMENT
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
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 17-FEB-2016 TILL FURTHER ORDERS
17-FEB-2016
|
SAT: SAT VIDE ITS ORDER DATED 14/03/2016 QUASHED AND SET ASIDED IMPUGNED ORDER DATED 17/02/2016 AND DIRECTED SEBI TO INITIATE PROCEEDINGS IN ACCORDANCE WITH LAW AND PASS APPROPRIATE ORDER THEREON AS IT DEEMED FIT. NO COSTS
SEBI VIDE ITS ORDER DATED 12/08/2016 BROUGHT ON RECORD THAT TRADING MEMBER HAVE VOLUNTARILY CLOSED THE BUSINESS AT BSE EQUITY DERIVATIVES SEGMENT W.E.F. 09/06/2016
|
| 131 |
|
|
BAKLIWAL FINANCIAL SERVICES (INDIA) PVT.LTD.
(Member : NSE/BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR AND SYNCHRONIZED TRANSACTIONS IN SCRIPS OF NAHAR SPINNING MILLS AND TRICOM INDIA LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, INDULGED IN MANIPULATIVE ACTIVITIES AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING CLAUSES A(1), A(3) TO A(5) OF CODE OF CONDUCT FOR STOCK BROKERS UNDER SCHEDULE II OF REGULATION 7 OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF NAHAR SPINNING MILLS AND TRICOM INDIA LTD.
|
PROHIBITED FROM ACCEPTING FRESH/NEW CLIENTS FROM 29-JUL-2022 TO 28-OCT-2022
29-JUL-2022
|
|
| 132 |
|
|
BAKLIWAL FINANCIAL SERVICES (INDIA) PVT.LTD.
(Member : NSE/BSE)
|
|
|
FACILITATED TRANSACTIONS AT NSE OF A COMPANY NOT LISTED AT NSE
ACTED IN CONCERT TO CREATE ARTIFICIAL MARKET/PRICE IN SCRIP OF ELTROL LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 05-OCT-2005 TILL FURTHER ORDERS
05-OCT-2005
|
DIRECTION ISSUED VIDE AD INTERIM EX-PARTE ORDER DATED 05/10/2005 REVOKED VIDE ORDER DATED 28/07/2010
|
| 133 |
|
|
BAKLIWAL INVESTMENTS
(Member : NSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR AND SYNCHRONIZED TRANSACTIONS IN SCRIPS OF NAHAR SPINNING MILLS AND TRICOM INDIA LTD.
DID NOT MAINTAIN INTEGRITY, PROMPTITUDE & FAIRNESS, INDULGED IN MANIPULATIVE ACTIVITIES AND DID NOT ADHERE TO STATUTORY REQUIREMENTS VIOLATING CLAUSES A(1), A(3) TO A(5) OF CODE OF CONDUCT FOR STOCK BROKERS UNDER SCHEDULE II OF REGULATION 7 OF SEBI (STOCK BROKERS) REGULATIONS, 1992 IN MATTER OF NAHAR SPINNING MILLS AND TRICOM INDIA LTD.
|
PROHIBITED FROM ACCEPTING FRESH/NEW CLIENTS FROM 29-JUL-2022 TO 28-OCT-2022
29-JUL-2022
|
|
| 134 |
|
|
BALLABH DASS DAGA,M/S
(Member : CSE)
|
|
|
|
BALLABH DASS DAGA
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS AND CROSS DEALS IN SCRIP OF LIMTEX INVESTMENTS LTD.
|
IMPOSED PENALTY RS.3,00,000
01-DEC-2009
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
SEBI VIDE ITS NOTICE DATED 10/07/2015 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
|
| 135 |
|
|
BALLABH DASS DAGA,M/S
(Member : CSE)
|
|
|
|
BALLABH DASS DAGA
|
|
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE WHILE DEALING IN SCRIP OF MINOLTA FINANCE LTD
INDULGED IN MARKET MANIPULATION AND PRICE MANIPULATION THROUGH CROSS DEALS AND SYNCHRONIZED TRANSACTIONS IN SCRIP OF MINOLTA FINANCE LTD.
|
IMPOSED PENALTY RS.3,00,000
09-JUL-2009
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
SEBI VIDE ITS NOTICE DATED 10/07/2015 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
|
| 136 |
|
|
BALLABH DASS DAGA,M/S
(Member : CSE)
|
|
|
|
BALLABH DASS DAGA
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRADES/MATCHING ORDERS IN SCRIP OF DSQ INDUSTRIES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 28-FEB-2007 TO 27-JUN-2007
08-FEB-2007
|
|
| 137 |
|
|
BALLABH DASS DAGA,M/S
(Member : CSE)
|
|
|
|
BALLABH DASS DAGA
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIPS OF PATRIOT TRADING CO.LTD. & GLOBE STOCKS & SECURITIES LTD.
VIOLATED CODE OF CONDUCT AS PRESCRIBED UNDER STOCK BROKER REGULATIONS
DID NOT EXERCISE DUE CARE AND DILIGENCE IN CONDUCT OF ITS BUSINESS AS A BROKER
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 16-APR-2007 TO 15-JAN-2008
26-MAR-2007
|
|
| 138 |
|
|
BALLABH DASS DAGA,M/S
(Member : CSE)
|
|
|
|
BALLABH DASS DAGA
|
|
INDULGED IN CROSS DEALS IN SCRIP OF M.P.INVESTMENT & CONSULTANCY SERVICES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 03-JAN-2005 TO 02-FEB-2005
13-DEC-2004
|
|
| 139 |
|
|
BALLABH DASS DAGA,M/S
(Member : CSE)
|
|
|
|
BALLABH DASS DAGA
|
|
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.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS IN SCRIP OF PSL FINANCIAL SERVICES LTD.
|
IMPOSED PENALTY RS.2,00,000
10-MAR-2010
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
SEBI VIDE ITS NOTICE DATED 10/07/2015 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
|
| 140 |
|
|
BALLABH DASS DAGA,M/S
(Member : CSE)
|
|
|
|
BALLABH DASS DAGA
|
|
ALLOWED CROSS DEALS VIOLATING CLAUSE B (4) (A) OF CODE OF CONDUCT OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 UNDER REGULATION 7 OF STOCK BROKER REGULATIONS WHILE DEALING IN SCRIP OF TWENTY FIRST CENTURY (INDIA) LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CROSS DEALS IN SCRIP OF TWENTY FIRST CENTURY (INDIA) LTD.
|
PROHIBITED FROM TAKING ANY NEW ASSIGNMENT AS A STOCK BROKER FROM 05-JAN-2011 TO 04-FEB-2011
15-DEC-2010
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 7 of 62
|
