| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 161 |
|
BHARAT J.PATEL,M/S
(PAN:AAAPP6652R)
(Member : BSE)
|
|
|
|
BHARAT JAYANTILAL PATEL
PAN:AAAPP6652R
|
|
INDULGED IN CREATION OF ARTIFICIAL VOLUME AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS IN SCRIP OF PONNI SUGARS (ERODE) LTD.
|
IMPOSED PENALTY RS.10,00,000
24-JAN-2019
|
SEBI VIDE ITS NOTICE DATED 22/01/2020 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL AND/OR MUTUAL FUNDS TO 1. ATTACH ALL THE ACCOUNTS (INCLUDING MUTUAL FUNDS) 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
SAT: SAT VIDE ITS ORDER DATED 25/02/2021 DISMISSED THE APPEAL FOR WANT OF PROSECUTION
|
| 162 |
|
|
BHARAT J.PATEL,M/S
(PAN:AAAPP6652R)
(Member : BSE)
|
|
|
|
BHARAT JAYANTILAL PATEL
PAN:AAAPP6652R
|
|
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
|
|
| 163 |
|
|
BHARTI THAKKAR INDIA SECURITIES PVT.LTD.
(PAN:AAACB6484C)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR TRANSACTIONS/REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF GRAVITY INDIA LTD.
FAILED IN MAINTAINING INTEGRITY, 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 GRAVITY INDIA LTD.
|
IMPOSED PENALTY RS.1,00,000
07-AUG-2009
|
SAT: APPEAL FAILED AND DISMISSED WITH PARTIES TO BEAR THEIR OWN COSTS
|
| 164 |
|
|
BHARTI THAKKAR INDIA SECURITIES PVT.LTD.
(PAN:AAACB6484C)
(Member : BSE)
|
|
|
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.5,00,000
25-AUG-2010
|
SAT: APPEAL FAILED AND DISMISSED WITH NO ORDER AS TO COSTS
|
| 165 |
|
|
BHARTI THAKKAR INDIA SECURITIES PVT.LTD.
(PAN:AAACB6484C)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED/CIRCULAR AND REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF RAJESH EXPORTS 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 RAJESH EXPORTS LTD.
|
IMPOSED PENALTY RS.1,00,000
30-JUN-2010
|
|
| 166 |
|
|
BHARTI THAKKAR INDIA SECURITIES PVT.LTD.
(PAN:AAACB6484C)
(Member : BSE)
|
|
|
|
BHARTI DHIREN THAKKAR
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR/SYNCHRONIZED TRANSACTIONS IN SCRIP OF DATABASE FINANCE 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 DATABASE FINANCE LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 18-JUL-2011 TO 31-JUL-2011
27-JUN-2011
|
|
| 167 |
|
|
BHUPENDRA MEGHJI BHEDA,M/S
(Member : BSE)
|
|
|
|
BHUPENDRA MEGHJI BHEDA
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF KONKAN TYRES LTD.
|
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 DIRECTIONS BY SEBI
SEBI VIDE ORDER DATED 30/10/2009 VACATED PROCEEDINGS INITIATED VIDE ORDERS DATED 29/09/2005 AND 09/06/2006
|
| 168 |
|
|
BIMAL KUMAR PATODIA,M/S
(Member : CSE)
|
|
|
|
BIMAL KUMAR PATODIA
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CROSS DEALS/SYNCHRONIZED TRANSACTIONS IN SCRIP OF EXCELLON AGENCIES 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) AND B(4) (A) OF CODE OF CONDUCT UNDER SCHEDULE II OF SEBI (STOCK BROKERS AND SUB BROKERS) REGULATIONS, 1992 IN MATTER OF EXCELLON AGENCIES LTD.
|
IMPOSED PENALTY RS.1,50,000
05-NOV-2009
|
INCLUDED IN SEBI LIST DATED 31/12/2009, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 169 |
|
|
BINOY PODDAR,M/S
(Member : CSE)
|
|
|
|
BINOY PODDAR
|
|
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
|
| 170 |
|
|
BIPIN R.VORA,M/S
(Member : BSE)
|
|
|
|
ASHISH GANATRA
|
|
|
BIPIN R.VORA
|
|
AIDED AND ABETTED MAYEKAR INVESTMENTS PVT.LTD. IN PRICE MANIPULATION IN SCRIP OF SAWACA BUSINESS MACHINES LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 27-OCT-2004 TO 26-JAN-2005
06-OCT-2004
|
SAT: IMPUGNED ORDER MODIFIED BY CONVERTING SUSPENSION OF 3 MONTHS TO WARNING
|
| 171 |
|
|
BIPIN R.VORA,M/S
(Member : BSE)
|
|
|
|
BIPIN R.VORA
|
|
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-JUN-2006
25-JAN-2006
|
SAT: IMPUGNED ORDER SET ASIDE AND CASE REMANDED TO SEBI FOR FRESH DECISION IN ACCORDANCE WITH LAW
|
| 172 |
|
|
BIPIN R.VORA,M/S
(Member : BSE)
|
|
|
|
BIPIN R.VORA
|
|
AIDED AND ABETTED CLIENTS IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF PETRON ENGINEERING CONSTRUCTION LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 14-JUN-2010 TO 28-JUN-2010
24-MAY-2010
|
SAT: APPEAL FAILED AND DISMISSED WITH COSTS OF RS.50,000
|
| 173 |
|
|
BISHWANATH MURLIDHAR,M/S
(Member : BSE)
|
|
|
|
BISHWANATH MURLIDHAR JHUNJHUNWALA
|
|
MANIPULATED PRICE IN SCRIP OF SNOWCEM INDIA LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 27-APR-2004 TO 26-APR-2006
27-APR-2004
|
SAT: IMPUGNED ORDER MODIFIED BY REDUCING PERIOD OF BAN FROM 2 YEARS TO 1 YEAR
|
| 174 |
|
|
BISHWANATH MURLIDHAR,M/S
(Member : BSE)
|
|
|
|
BISHWANATH MURLIDHAR JHUNJHUNWALA
|
|
AIDED AND ABETTED KOSHA INVESTMENTS LTD. IN CREATING ARTIFICIAL MARKET/PRICE RISE IN SCRIP OF SNOWCEM INDIA LTD. BY TRADING ON BEHALF OF KIL AND ALSO TRADED IN ITS INDIVIDUAL CAPACITY BY ENROLLING ITSELF AS A CLIENT OF NSE BROKERS
DID NOT COLLECT MARGINS FROM CLIENTS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 23-FEB-2006 TO 22-JUN-2006
02-FEB-2006
|
|
| 175 |
|
|
BISSENDAYAL DAYARAM,M/S
(Member : CSE)
|
|
|
|
BISSENDAYAL DAYARAM
|
|
ALLEGED IRREGULARITIES IN DEALINGS IN SCRIP OF DSQ INDUSTRIES LTD.
|
SHOW CAUSE NOTICE ISSUED
27-NOV-2006
|
|
| 176 |
|
|
BIYANI SECURITIES PVT.LTD.
(Member : CSE)
|
|
|
|
ALOKE BIYANI
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF DSQ INDUSTRIES LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 27-JAN-2005 TO 26-JAN-2010
27-JAN-2005
|
|
| 177 |
|
|
BLB LTD.
(Member : NSE/BSE)
|
|
|
|
VIKRAM RATHI
|
|
MISLED INVESTORS BY PUBLISHING POSITIVE NEWS ABOUT A PROJECT OF VBC FERRO ALLOYS LTD. WHICH IS YET TO BE OPERATED BY COMPANY
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION BY MAKING POSITIVE ANNOUNCEMENTS ABOUT COMPANY AND SOLD THEIR OWN HOLDINGS AT AN INCREASED PRICE TO MAKE UNJUST ENRICHMENT IN SCRIP OF VBC FERRO ALLOYS LTD.
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY IN MATTER OF VBC FERRO ALLOYS LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 10-FEB-2006 TILL FURTHER ORDERS
10-FEB-2006
|
VACATED INTERIM EX-PARTE ORDER DATED 10/02/2006
|
| 178 |
|
|
BLB LTD.
(Member : BSE/NSE)
|
|
|
|
ANSHUL MEHRA
|
|
|
KAMAL GOEL
|
|
|
P.N.PANDA
|
|
|
SIDDARTH BAGRI
|
|
|
UTTAM SHARMA
|
|
|
VIKAS RAWAL
|
|
MISLED INVESTORS BY PUBLISHING POSITIVE NEWS ABOUT A PROJECT OF VBC FERRO ALLOYS LTD. WHICH IS YET TO BE OPERATED BY COMPANY
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION BY MAKING POSITIVE ANNOUNCEMENTS ABOUT COMPANY AND SOLD THEIR OWN HOLDINGS AT AN INCREASED PRICE TO MAKE UNJUST ENRICHMENT IN SCRIP OF VBC FERRO ALLOYS LTD.
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY IN MATTER OF VBC FERRO ALLOYS LTD.
|
CEASED AND DESIST FROM COMMITTING VIOLATIONS OF CODE OF CONDUCT FRAMED FOR STOCK BROKERS
CEASED AND DESIST FROM GIVING MISLEADING RECOMMENDATIONS IN ANY PUBLIC ACCESSIBLE MEDIA
10-FEB-2006
|
VACATED INTERIM EX-PARTE ORDER DATED 10/02/2006
|
| 179 |
|
|
BLUE BLENDS STOCKS & SECURITIES LTD.
(Member : NSE)
|
|
|
INDULGED IN PRICE MANIPULATION IN SCRIP OF MARUTI ORGANICS LTD.
DID NOT EXERCISE DUE CARE AND DILIGENCE IN SCRIP OF MARUTI ORGANICS LTD.
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 30-SEP-2002 TO 07-OCT-2002
16-SEP-2002
|
|
| 180 |
|
|
BONANZA PORTFOLIO LTD.
(CIN:U65991DL1993PLC052280
PAN:AAACB0764B)
(Member : BSE)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL VOLUME IN SCRIP OF SHREE YAAX PHARMA & COSMETICS LTD.
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
20-AUG-2008
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 9 of 62
|
