| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 141 |
|
MITRA OPTIONS & SHARE BROKERS LTD.
(Member : NSE)
|
|
|
DEFAULTED IN MAINTENANCE OF SAUDA BOOK
DEALT WITH UN-REGISTERED SUB-BROKERS
ACTED AS SUB-BROKER WITHOUT SEBI REGISTRATION
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DID NOT ISSUANCE OF CONTRACT NOTES IN TIME
DID NOT OBTAIN ACKNOWLEDGEMENT FROM CLIENTS
PAN NO. OF CLIENTS NOT APPEARING ON CONTRACT NOTES
DELIVERY MEMOS NOT SIGNED BY AUTHORISED SIGNATORY/BROKER
DEFAULTED IN MAINTENANCE OF SECURITIES REGISTER
DID NOT DELIVER SECURITIES TO CLIENTS IN TIME
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENTS' SECURITIES AND OWN SECURITIES
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
TRANSFERRED FUNDS FROM ACCOUNT OF ONE EXCHANGE TO OTHER EXCHANGE
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
PAYMENTS MADE TO CLIENTS FROM BROKERS OWN ACCOUNTS
ACCEPTED/MADE PAYMENTS FROM/TO THIRD PARTIES ON CLIENT ACCOUNTS WITHOUT OBTAINING WRITTEN CONSENT OF CLIENTS
DID NOT MAINTAIN CLIENT REGISTRATION FORMS
DID NOT OBTAIN WRITTEN CONSENT FROM CLIENTS FOR MAINTAINING RUNNING ACCOUNT
RELEASED PLEDGED SHARES KEPT FOR MARGIN PURPOSE
OPENED SEVERAL PROPRIETARY ACCOUNTS TO FACILITATE TRANSACTION OF SECURITIES IN INTER-SE ACCOUNTS
TRANSFERRED SECURITIES FROM CLIENT'S ACCOUNT TO BENEFICIARY ACCOUNT OF OTHER BROKERS WITHOUT OBTAINING WRITTEN CONSENT OF CLIENTS
INDULGED IN ILLEGAL CARRY FORWARD TRANSACTIONS
INDULGED IN INDIRECT FUNDING TO CLIENTS
HELD SECURITIES IN POOL ACCOUNT DESPITE HAVING ANY DEBIT BALANCE OF CLIENTS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 23-NOV-2006 TO 22-FEB-2007
02-NOV-2006
|
|
| 142 |
|
|
MKM SHARE BROKING SERVICES PVT.LTD.
(Member : CSE)
|
|
|
INDULGED IN OFF-MARKET TRANSACTIONS
INDULGED IN UNAUTHORISED FUND-BASED ACTIVITIES
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 01-MAR-2004 TO 31-AUG-2004
09-FEB-2004
|
|
| 143 |
|
|
MONARCH NETWORTH CAPITAL LTD.
(PAN:AAACN1184F)
(Member : BSE)
|
|
|
DID NOT COLLECT MARGINS FROM CLIENTS
INDULGED IN OFF-MARKET TRANSACTIONS
FAILED TO DELIVER SHARES TO CLIENTS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
22-FEB-2007
|
|
| 144 |
|
|
MSE FINANCIAL SERVICES LTD.
(Member : BSE)
|
|
|
DEALT WITH UN-REGISTERED SUB-BROKERS
DID NOT OBTAIN AUDIT CERTIFICATES FROM SUB BROKERS REGARDING COLLECTION OF MARGINS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
24-JAN-2006
|
|
| 145 |
|
|
MULTIPLEX CAPITAL LTD.
(PAN:AAACM1761B)
(Member : NSE)
|
|
|
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DEALT WITH UN-REGISTERED SUB-BROKERS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
13-JAN-2006
|
|
| 146 |
|
|
MUNJAL LEASING LTD.
(Member : NSE)
|
|
|
|
SANJAY MUNJAL
|
|
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DEALT WITH UN-REGISTERED SUB-BROKERS
DEFAULTED IN MAINTENANCE OF BOOKS OF ACCOUNTS
SUBMITTED WRONG INFORMATION TO SEBI
DID NOT REDRESS INVESTOR COMPLAINTS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 30-JUN-2004 TO 30-DEC-2004
09-JUN-2004
|
|
| 147 |
|
|
N.K.TIWARY,M/S
(Member : CSE)
|
|
|
|
N.K.TIWARY
|
|
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
CONTRACT NOTES NOT SIGNED BY AUTHORISED REPRESENTATIVES
DEALT WITH UN-REGISTERED SUB-BROKERS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 12-JUN-2006 TO 11-JUL-2006
22-MAY-2006
|
|
| 148 |
|
|
N.KHEMANI & CO.
(Member : CSE)
|
|
|
INDULGED IN OFF-MARKET TRANSACTIONS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 21-JAN-2003 TO 20-MAR-2004
26-FEB-2004
|
|
| 149 |
|
|
NAGARMULL KEJRIWAL,M/S
(Member : CSE)
|
|
|
|
NAGARMULL KEJRIWAL
|
|
INDULGED IN OFF-MARKET TRANSACTIONS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 10-NOV-2003 TO 09-MAR-2004
20-OCT-2003
|
|
| 150 |
|
|
NAM SECURITIES LTD.
(Member : DSE)
|
|
|
|
ASHWANI GOYAL
|
|
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DEALT WITH UN-REGISTERED SUB-BROKERS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 26-DEC-2003 TO 09-JAN-2004
05-DEC-2003
|
|
| 151 |
|
|
NARESH CHAND CHANDAK,M/S
(Member : CSE)
|
|
|
|
NARESH CHAND CHANDAK
|
|
ALLEGED INDULGENCE IN PRO ACCOUNT TRADING
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
28-NOV-2008
|
|
| 152 |
|
|
NAVIA MARKETS LTD.
(Member : NSE)
|
|
|
|
S.TIRUPATHY
|
|
|
V.MURALI GOVIND
|
|
DID NOT COLLECT MARGINS FROM CLIENTS
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DID NOT TRANSFER DIVIDEND TO CLIENTS ACCOUNT
DEALT WITH UN-REGISTERED SUB-BROKERS
|
IMPOSED PENALTY RS.25,000
31-DEC-2004
|
|
| 153 |
|
|
NCJ SHARE & STOCK BROKERS LTD.
(PAN:AABCN3702G)
(Member : BSE)
|
|
|
|
N.C.JAIN
|
|
DEALT WITH UN-REGISTERED SUB-BROKERS
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
08-FEB-2008
|
|
| 154 |
|
|
NH SECURITIES LTD.
(PAN:AAACS7140Q)
(Member : NSE/BSE)
|
|
|
INDULGED IN PRICE MANIPULATION IN SCRIP OF HFCL, ZEE, ADANI, GTL, RANBAXY, SAB TV, SHONKH, PADMINI (FORMERLY PADMINI POLYMERS LTD.) AND AFTEK WITH KP ENTITIES
INDULGED IN MANIPULATIVE ACTIVITIES LIKE SYNCHRONIZED TRADING
FINANCED TRANSACTIONS TO GIVE SEMBLANCE OF PURCHASE AND SALE OF SHARES AT THE EXCHANGES
INDULGED IN CIRCULAR TRADING
CREATED ARTIFICIAL MARKET
BENCHMARKED PRICES OF CERTAIN SCRIPS BY EXECUTING NON-GENUINE TRANSACTIONS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 12-NOV-2007 TO 11-NOV-2012
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 12-NOV-2007 TO 11-NOV-2012
12-NOV-2007
|
|
| 155 |
|
|
NIKHIL KUMAR DHIRAJLAL SHAH
(Member : ASE)
|
|
|
DID NOT OBTAIN PRIOR PERMISSION FROM SEBI PERTAINING TO CHANGE IN STATUS AND CONSTITUTION OF FIRM/COMPANY
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DEALT WITH UN-REGISTERED SUB-BROKERS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
INDULGED IN ILLEGAL CARRY FORWARD TRANSACTIONS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 30-JUL-2001 TO 29-SEP-2001
24-JUL-2001
|
|
| 156 |
|
|
NIKHIL SECURITIES LTD.
(PAN:AAACN6532F)
(Member : UPSE)
|
|
|
INDULGED IN ILLEGAL CARRY FORWARD TRANSACTIONS
MISUSED DEBIT NOTE FACILITY IN STOCK EXCHANGE
DEALT WITH UN-REGISTERED SUB-BROKERS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 12-JAN-1999 TO 11-APR-1999
05-JAN-1999
|
|
| 157 |
|
|
NIRAJ KUMAR BALASARIA PVT.LTD.
(Member : CSE)
|
|
|
|
NIRAJ KUMAR BALASARIA
|
|
ALLEGED INDULGENCE IN PRO ACCOUNT TRADING
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
28-NOV-2008
|
|
| 158 |
|
|
NIRMAL BANG SECURITIES PVT.LTD.
(PAN:AAACN7369L)
(Member : BSE)
|
|
|
|
DILIP M.BANG
|
|
|
KISHORE M.BANG
|
|
|
NIRMAL BANG
|
|
INDULGED IN LARGE TRADING TRANSACTIONS WITH A VIEW TO DEPRESS MARKET ARTIFICIALLY IN A CONCERTED MANNER
INDULGED IN SHORT SALES
INDULGED IN SYNCHRONIZED DEALS
TRADED IN PARTICULAR TIME SLOTS WHEN SHARE PRICES REGISTERED SUBSTANTIAL FALL
DEALT WITH UN-REGISTERED SUB-BROKERS
VIOLATED SEBI CODE OF CONDUCT
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 30-JUL-2002
30-JUL-2002
|
SAT: OPERATION OF ORDER CANCELLING REGISTRATION GRANTED TO APPELLANTS STAYED FOR 10 WEEKS AND RESPONDENT WILL FILE REPLY WITHIN 3 WEEKS FROM ORDER DATE
SAT: PART OF ORDER I.E.CANCELLING CERTIFICATE OF REGISTRATION OF BANG SECURITIES PVT.LTD. SET ASIDE AND APPEAL DISPOSED OF
|
| 159 |
|
|
NIRMAL BANG SECURITIES PVT.LTD.
(PAN:AAACN7369L)
(Member : BSE/NSE)
|
|
|
DEALT WITH UN-REGISTERED SUB-BROKERS
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,00,000 VIDE CONSENT ORDER)
22-FEB-2011
|
|
| 160 |
|
|
NIRUPAMBEN PATEL,M/S
(Member : MPSE)
|
|
|
|
NIRUPAMA B.PATEL
|
|
DEFAULTED IN MAINTENANCE OF BOOKS OF ACCOUNTS
DID NOT ISSUE CONTRACT NOTES
DID NOT MAINTAIN SEPARATE CLIENT ACCOUNT
DEALT WITH UN-REGISTERED SUB-BROKERS
SUBMITTED WRONG INFORMATION TO SEBI
LEASED MEMBERSHIP CARD OF THE EXCHANGE
DID NOT ADHERE TO BASE MINIMUM CAPITAL REQUIREMENT
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 07-JAN-1999 TO 06-JUL-1999
05-JAN-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 8 of 13
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