| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 161 |
|
NLM CAPITAL SERVICES LTD.
(Member : LSE)
|
|
|
DEALT WITH BROKERS OF OTHER EXCHANGES WITHOUT SEBI REGISTRATION AS SUB-BROKER
DEFAULTED IN MAINTENANCE OF DOCUMENTS REGISTER
DEFICIENCIES IN CLIENT DATABASE
DEALT WITH UN-REGISTERED SUB-BROKERS
DID NOT HAVE PRE-PRINTED SERIAL NUMBERS ON CONTRACT NOTES
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 21-JUL-2003 TO 20-OCT-2003
09-JUL-2003
|
|
| 162 |
|
|
OPTION SECURITIES PVT.LTD.
(Member : DSE)
|
|
|
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DEALT WITH BROKERS OF OTHER EXCHANGES WITHOUT SEBI REGISTRATION AS SUB-BROKER
DEALT WITH UN-REGISTERED SUB-BROKERS
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
03-MAR-2000
|
|
| 163 |
|
|
P R B SECURITIES PVT.LTD.
(PAN:AABCP5425G)
(Member : NSE)
|
|
|
DEFAULTED IN MAINTENANCE OF SECURITIES REGISTER
DEFICIENCIES IN REGISTRATION FORMS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
EXECUTED TRADES WHERE BROKER HIMSELF WAS BUYER AS WELL AS SELLER
ALLEGED NON-COMPLIANCE OF REQUIREMENTS OF UNIQUE CLIENT CODE
|
CENSURED/WARNED & DIRECTED TO BE DILIGENT IN COMPLYING WITH SEBI REGULATIONS
13-JAN-2006
|
|
| 164 |
|
|
P.K.CAPITAL SERVICES PVT.LTD.
(Member : UPSE)
|
|
|
|
ROOP KISHORE GUPTA
|
|
DEFICIENCIES IN CLIENT DATABASE
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DEALT WITH UN-REGISTERED SUB-BROKERS
ALLEGED NON-COMPLIANCE OF REQUIREMENTS OF UNIQUE CLIENT CODE
DID NOT FRAME CODE OF INTERNAL PROCEDURES AND CONDUCT FOR PREVENTION OF INSIDER TRADING
DID NOT ADHERE TO DIRECTIVES/INSTRUCTIONS/GUIDELINES ISSUED BY SEBI
DID NOT EXERCISE DUE SKILL AND DILIGENCE
|
IMPOSED PENALTY RS.1,00,000
03-NOV-2004
|
SAT: IMPUGNED ORDER MODIFIED BY REDUCING PENALTY AMOUNT TO RS.30,000 FROM RS.1,00,000
|
| 165 |
|
|
P.R.SHAH SHARE & STOCK BROKERS PVT.LTD.
(Member : BSE)
|
|
|
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
EXECUTED FICTITIOUS TRANSACTIONS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 15-JUN-1998 TO 14-JUN-2000
29-JUL-1999
|
|
| 166 |
|
|
PACE FINANCIAL SERVICES
(Member : NSE)
|
|
|
|
ATUL GOEL
|
|
DEALT WITH UN-REGISTERED SUB-BROKERS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT MAINTAIN CLIENT AGREEMENTS
DID NOT COLLECT MARGINS FROM CLIENTS
|
IMPOSED PENALTY RS.1,00,000
30-NOV-2004
|
|
| 167 |
|
|
PARK LIGHT INVESTMENT PVT.LTD.
(Member : BSE)
|
|
|
|
HASMUKHLAL N.VORA
|
|
|
RUPESHBHAI DEVENDRABHAI SHAH
|
|
|
UDAY H.VORA
PAN:AAMPV2972L
|
|
INDULGED IN CIRCULAR TRADING
CREATED ARTIFICIAL MARKET
INDULGED IN SYNCHRONIZED DEALS
EXECUTED FICTITIOUS TRANSACTIONS
INFLUENCED PRICE OF SCRIPS
POSSIBILITY OF INSIDER TRADING IN VIEW OF PRICE SENSITIVE INFORMATION BEING MADE AVAILABLE TO IT AS A RESULT OF ITS ASSOCIATION WITH THE COMPANIES
INVOLVED IN FLOATING BOGUS ENTITIES
|
DEBARRED FROM UNDERTAKING FRESH BUSINESS AS STOCK BROKER FROM 29-JAN-2004 TILL FURTHER ORDER
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 29-JAN-2004 TILL FURTHER ORDER
29-JAN-2004
|
|
| 168 |
|
|
PARKLIGHT SECURITIES LTD.
(PAN:AABCP6609A)
(Member : ASE)
|
|
|
INDULGED IN OFF-THE-FLOOR TRANSACTIONS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
COMMITTED IRREGULARITIES IN RESPECT OF CONTRACT NOTES
DID NOT MAINTAIN CLIENT AGREEMENTS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 15-DEC-2003 TO 15-JUN-2004
24-NOV-2003
|
SAT: IMPUGNED ORDER MODIFIED TO THE EXTENT THAT BALANCE PERIOD OF SUSPENSION WAIVED
|
| 169 |
|
|
PARKLIGHT SECURITIES LTD.
(PAN:AABCP6609A)
(Member : ASE)
|
|
|
|
HITESHBHAI RAVINDRABHAI BHATT
|
|
|
RUPESHBHAI DEVENDRABHAI SHAH
|
|
INDULGED IN CIRCULAR TRADING
CREATED ARTIFICIAL MARKET
INDULGED IN SYNCHRONIZED DEALS
EXECUTED FICTITIOUS TRANSACTIONS
INFLUENCED PRICES OF SEVERAL COMPANIES
POSSIBILITY OF INSIDER TRADING IN VIEW OF PRICE SENSITIVE INFORMATION BEING MADE AVAILABLE TO IT AS A RESULT OF ITS ASSOCIATION WITH THE COMPANIES
INVOLVED IN FLOATING BOGUS ENTITIES
|
DEBARRED FROM UNDERTAKING FRESH BUSINESS AS STOCK BROKER FROM 29-JAN-2004 TILL FURTHER ORDER
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 29-JAN-2004 TILL FURTHER ORDER
29-JAN-2004
|
|
| 170 |
|
|
PEE DEE KAPUR STOCK & SECURITIES LTD.
(PAN:AELPK4977J)
(Member : NSE)
|
|
|
INDULGED IN FUND BASED ACTIVITIES VIOLATING RULES 8(1)(F) AND 8(3)(F) OF SECURITIES CONTRACTS (REGULATIONS) RULES, 1957
SETTLED MARGIN REQUIREMENT OF ONE GROUP COMPANY/ENTITY ACCOUNT OF OTHER GROUP COMPANIES/ENENTITES
INDULGED IN UNAUTHORISED MARGIN FUNDING OF ITS CLIENTS
MADE/RECEIVED THIRD PARTY DELIVERIES FROM DEMAT ACCOUNT OF PERPETUAL AND DIN NOT FOLLOW PRESCRIBED PROCEDURE FOR MAKING/RECEIVING DELIVERY
INCOMPLETE/MISLEADING INFORMATION IN CLIENT REGISTRATION FORMS
DEALT WITH UN-REGISTERED SUB-BROKERS
|
IMPOSED PENALTY RS.3,00,000
25-MAR-2019
|
|
| 171 |
|
|
PKC STOCK BROKING PVT.LTD.
(PAN:AABCP5618H)
(Member : NSE)
|
|
|
ALLEGED DISCREPANCY IN ISSUANCE OF CONTRACT NOTES
ALLEGED NON-SEGREGATION OF CLIENT FUNDS FROM BROKERS FUNDS
DEALT WITH UN-REGISTERED SUB-BROKERS
ALLEGED INDULGENCE IN OFF-MARKET TRANSACTIONS
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.3,00,000 VIDE CONSENT ORDER)
15-SEP-2008
|
|
| 172 |
|
|
PRABHUDAS LILLADHER PVT.LTD.
(PAN:AAACP2733Q)
(Member : BSE)
|
|
|
DEALT WITH UN-REGISTERED SUB-BROKERS
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
12-JAN-2006
|
|
| 173 |
|
|
PRADEEP KAYAN & CO.
(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
|
|
| 174 |
|
|
PRADEEP KUMAR BANSAL,M/S
(Member : UPSE/CSE/ICSE)
|
|
|
|
PRADEEP KUMAR BANSAL
|
|
INDULGED IN OFF-THE-FLOOR TRANSACTIONS
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 23-JUL-2003 TILL COMPLETION OF INSPECTION
23-JUL-2003
|
CONFIRMED PROHIBITION ORDER DATED 23/07/2003
|
| 175 |
|
|
PRADEEP KUMAR BANSAL,M/S
(Member : UPSE/CSE/ICSE)
|
|
|
|
PRADEEP KUMAR BANSAL
|
|
EXECUTED SINGLE TRADES AT EXCHANGE TO ASCERTAIN PRICES FOR EXECUTING BULK ORDERS ILLEGALLY OUTSIDE THE EXCHANGE MECHANISM
DID NOT REPORT OFF-THE-FLOOR TRANSACTIONS TO THE EXCHANGE
DID NOT FURNISH CORRECT INFORMATION TO INSPECTING TEAM REGARDING BANK ACCOUNTS
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF AURANGABAD CRYOGENICS LTD. (NOW KNOWN AS BANSAL NATUREVEST LTD.)
DEFICIENCIES IN MEMBER-CLIENT AGREEMENTS
DEFICIENCIES IN REGISTRATION FORMS
DID NOT ISSUE CONTRACT NOTES
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DID NOT COLLECT MARGINS FROM CLIENTS
DID NOT RECORD TIME OF PLACEMENT OF ORDERS ON CONTRACT NOTES
DEFAULTED IN MAINTENANCE OF DOCUMENTS REGISTER
DEFAULTED IN MAINTENANCE OF MARGIN DEPOSIT BOOK
EXECUTED TRADES FOR CLIENTS THROUGH PROPRIETARY ACCOUNT TO EVADE COLLECTION OF MARGINS
|
CANCELLED REGISTRATION AS STOCK BROKER FROM 23-JUL-2003 TO 22-JUL-2008
28-JUN-2006
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.25,00,000, LEGAL EXPENSES RS.2,50,000 VIDE CONSENT ORDER)
REACHED SETTLEMENT (CONSENT ORDER) (AGREED VOLUNTARILY TO BE SUSPENDED FROM REGISTRATION AS STOCK BROKER) FROM 23-JUL-2003 TO 22-JUL-2008
09-JUN-2008
|
SAT: APPLICANT AGREED TO PAY A SUM OF RS.25,00,000 TOWARDS SETTLEMENT CHARGES AND RS.2,50,000 TOWARDS LEGAL EXPENSES AS PER CONSENT ORDER DATED 09/06/2008 AND VOLUNTARILY UNDERTAKEN TO REMAIN SUSPENDED FOR A PERIOD OF 5 YEARS COMMENCING FROM 23/07/2003. ORDER DATED 28/06/2006 SET ASIDE
|
| 176 |
|
|
PRAKASH C.BAID,M/S
(Member : CSE)
|
|
|
|
PRAKASH CHAND BAID
|
|
INDULGED IN OFF-MARKET TRANSACTIONS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
INDULGED IN UNAUTHORISED FUND-BASED ACTIVITIES
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 19-AUG-2003 TO 18-DEC-2003
29-JUL-2003
|
|
| 177 |
|
|
PRAKASH K.SHAH SHARES & SECURITIES PVT.LTD.
(Member : BSE)
|
|
|
|
PRAKASH K.SHAH
|
|
DID NOT ISSUE CONTRACT NOTES
DEALT WITH UN-REGISTERED SUB-BROKERS
EXECUTED CROSS DEALS AMONG CLIENTS
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 19-AUG-2003 TO 19-DEC-2003
29-JUL-2003
|
SAT: IMPUGNED ORDER MODIFIED, NO ORDER AS TO COSTS
|
| 178 |
|
|
PRAMOD KUMAR DROLIA & CO.
(Member : CSE)
|
|
|
INDULGED IN OFF-MARKET TRANSACTIONS
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
INDULGED IN UNAUTHORISED FUND-BASED ACTIVITIES
|
SUSPENDED REGISTRATION AS STOCK BROKER FROM 25-JUL-2003 TO 24-NOV-2003
04-JUL-2003
|
|
| 179 |
|
|
PRAMOD KUMAR JAIN SECURITIES PVT.LTD.
(PAN:AAACP6229P)
(Member : BSE)
|
|
|
DEALT WITH UN-REGISTERED SUB-BROKERS
ALLEGED INDULGENCE IN IRREGULAR TRANSACTIONS IN SCRIP OF AXEL POLYMERS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.5,00,000 VIDE CONSENT ORDER)
02-DEC-2009
|
|
| 180 |
|
|
PRASHANT JAYANTILAL PATEL,M/S
(PAN:AABPP2156M)
(Member : NSE)
|
|
|
|
PRASHANT JAYANTILAL PATEL
PAN:AABPP2156M
|
|
DEALT WITH UN-REGISTERED SUB-BROKERS
DID NOT MAINTAIN CONTRACT SLIPS
ILLEGAL AND UNAUTHORIZED GRANT OF TRADING TERMINAL TO CLIENT
|
IMPOSED PENALTY RS.2,00,000
09-NOV-2010
|
|
| 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 9 of 13
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