| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
ANAND SUBRAMANIAN
(PAN:AARPA8290K)
|
|
|
|
NATIONAL STOCK EXCHANGE OF INDIA LTD.,THE
PAN:AAACN1797L
|
|
MADE INCORRECT AND MISLEADING STATEMENT TO SEBI ON HIS APPOINTMENT AND SELECTION IN NSE VIOLATING SECTION 6(4) OF SCRA, 1956
|
RESTRAINED FROM ASSOCIATING WITH ANY MARKET INFRASTRUCTURE INSTITUTION OR ANY INTERMEDIARY REGISTERED WITH SEBI FROM 11-FEB-2022 TO 10-FEB-2025
IMPOSED PENALTY RS.2,00,00,000
11-FEB-2022
|
SEBI VIDE ITS NOTICE DATED 26/04/2022 DIRECTED TO PAY A RS.2,04,87,575.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SAT: SAT VIDE ITS ORDER DATED 11/05/2022 CONDONED THE DELAY IN FILING OF APPEAL. IN THE MEANWHILE, RESPONDENT MAY FILE REPLY WITHIN THREE WEEKS AND APPELLANT MAY FILE REJOINDER ON OR BEFORE NEXT DATE. DIRECTED APPELLANT TO DEPOSIT RS.60 LAC WITHIN FOUR WEEKS FROM DATE OF THIS ORDER. IF AMOUNT DEPOSITED THE BALANCE AMOUNT SHALL NOT BE RECOVERED DURING PENDENCY OF APPEAL AND DEPOSIT AMOUNT SHALL BE KEPT IN INTEREST BEARING ACCOUNT
SAT: SAT VIDE ITS ORDER DATED 30/06/2022 CONDONED THE DELAY IN FILING OF REPLY AND ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 28/09/2022 DIRECTED TO FILE PHYSICAL COPY OF REJOINDER AFFIDAVIT WITHIN TWO WEEKS FROM DATE OF THIS ORDER
|
| 2 |
|
|
CHITRA RAMKRISHNA
(PAN:ABVPR7353M)
|
|
|
|
NATIONAL STOCK EXCHANGE OF INDIA LTD.,THE
PAN:AAACN1797L
|
|
SHARED INTERNAL CONFIDENTIAL INFORMATION OF NSE WITH UNKNOWN PERSON AND ALLOWED HER DECISIONS ON VARIOUS ASPECTS OF THE FUNCTIONING OF THE STOCK EXCHANGE TO BE INFLUENCED BY THAT PERSON VIOLATING CLAUSE V(D), (E) AND (F) OF CODE OF CONDUCT AS SPECIFIED UNDER PART A OF SCHEDULE II READ WITH REGULATION 26(1) OF SEBI (SECC) REGULATIONS, 2012
MADE INCORRECT AND MISLEADING STATEMENT BEFORE NSE THAT THE UNKNOWN PERSON WAS A ‘SIDDHA-PURUSHA’ AND ‘PARAMHANSA, WHO DID NOT HAVE PHYSICAL PERSONA AND COULD MATERIALIZE AT WILL VIOLATING SECTION 6(4) OF SCRA, 1956
|
RESTRAINED FROM ASSOCIATING WITH ANY MARKET INFRASTRUCTURE INSTITUTION OR ANY INTERMEDIARY REGISTERED WITH SEBI FROM 11-FEB-2022 TO 10-FEB-2025
IMPOSED PENALTY RS.3,00,00,000
11-FEB-2022
|
SAT: SAT VIDE ITS ORDER DATED 11/04/2022 CONDONED THE DELAY OF 8 DAYS IN FILING OF APPEAL. DIRECTED RESPONDENT TO FILE REPLY WITHIN FOUR WEEKS FROM DATE OF THIS ORDER AND APPELLANT TO FILE REJOINDER ON OR BEFORE THE DATE FIXED. DIRECTED NSE TO DEPOSIT RS 4.73 TOWARDS LEAVE ENCASHMENT AND DEFERRED BONUS OF THE APPELLANT IN ESCROW ACCOUNT AND DIRECTED APPELLANT TO DEPOSIT RS.2 CRORE WITHIN SIX WEEKS FROM DATE OF THIS ORDER. IF AMOUNT DEPOSITED, BALANCE AMOUNT NOT TO BE RECOVERED DURING PENDENCY OF THE APPEAL
SEBI VIDE ITS NOTICE DATED 24/05/2022 DIRECTED TO PAY A RS.3,12,01,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SAT: SAT VIDE ITS ORDER DATED 31/05/2022 REJECTED THE APPLICATION AND THE PERIOD TO DEPOSIT THE MONEY BY ORDER DATED 11/04/2022 EXTENDED FOR FURTHER FOUR WEEKS
SAT: SAT VIDE ITS ORDER DATED 30/06/2022 CONDONED THE DELAY IN FILING OF REPLY AND ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 03/08/2022 GRANTED FOUR WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 28/09/2022 DIRECTED TO FILE PHYSICAL COPY OF REJOINDER AFFIDAVIT WITHIN TWO WEEKS FROM DATE OF THIS ORDER
|
| 3 |
|
|
RAVI NARAIN
(PAN:AAYPN8382Q)
|
|
|
|
NATIONAL STOCK EXCHANGE OF INDIA LTD.,THE
PAN:AAACN1797L
|
|
FAILED TO ADMINISTER THE STOCK EXCHANGE WITH PROFESSIONAL COMPETENCE, FAIRNESS, IMPARTIALITY, EFFICIENCY AND EFFECTIVENESS, DID NOT MAINTAIN HIGHEST STANDARDS OF PERSONAL INTEGRITY, TRUTHFULNESS, HONESTY AND FORTITUDE IN DISCHARGING THEIR DUTIES AND ENGAGED IN ACTS DISCREDITABLE TO THEIR RESPONSIBILITIES ETC. VIOLATING CLAUSES V(B), (E), (F) AND (G) OF CODE OF CONDUCT AS SPECIFIED UNDER PART A OF SCHEDULE II READ WITH REGULATION 26(1) OF SEBI (SECC) REGULATIONS, 2012
DID NOT MAINTAIN APPROPRIATE CONDUCT, PUTTING THE REPUTATION OF STOCK EXCHANGE IN JEOPARDY BY IGNORING VARIOUS IRREGULARITIES OF MS.CHITRA RAMKRISHNA VIOLATING CLAUSE III(C), (E) AND (F) OF CODE OF ETHICS AS SPECIFIED UNDER PART B OF SCHEDULE II READ WITH REGULATION 26(2) OF SEBI (SECC) REGULATIONS, 2012
MADE INCORRECT AND MISLEADING STATEMENT TO SEBI THAT HE DID NOT HAVE ANY ROLE IN APPOINTMENT AND SELECTION OF MR.ANAND SUBRAMANIAN VIOLATING SECTION 6(4) OF SCRA, 1956
|
RESTRAINED FROM ASSOCIATING WITH ANY MARKET INFRASTRUCTURE INSTITUTION OR ANY INTERMEDIARY REGISTERED WITH SEBI FROM 11-FEB-2022 TO 10-FEB-2024
IMPOSED PENALTY RS.2,00,00,000
11-FEB-2022
|
SEBI VIDE ITS NOTICE DATED 21/04/2022 DIRECTED TO PAY RS.2,06,01,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SAT: SAT VIDE ITS ORDER DATED 05/05/2022 CONDONED THE DELAY IN FILING OF APPEAL. DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND REJOINDER ON OR BEFORE NEXT DATE. DIRECTED APPELLANT TO DEPOSIT RS.50 LAC WITHIN FOUR WEEKS FROM DATE OF THIS ORDER AND DEPOSIT AMOUNT TO BE KEPT IN INTEREST BEARING ACCOUNT. EFFECT AND OPERATION OF THE IMPUGNED ORDER INSOFAR RELATED TO APPELLANT TO REMAIN STAYED PROVIDED THE APPELLANT DEPOSITED RS 50 LACS BEFORE SEBI WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
SAT: SAT VIDE ITS ORDER DATED 30/06/2022 CONDONED THE DELAY IN FILING OF REPLY AND ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 03/08/2022 GRANTED FOUR WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 28/09/2022 DIRECTED TO FILE PHYSICAL COPY OF REJOINDER AFFIDAVIT WITHIN TWO WEEKS FROM DATE OF THIS ORDER
|
| 4 |
|
|
UDAI KUMAR
(PAN:AAJPK0195K)
|
|
|
UNAUTHORIZED UTILIZATION OF EXCHANGE FUND FOR MARKET MAKING IN CURRENCY DERIVATIVES SEGMENT
|
RESTRAINED FROM ASSOCIATING WITH ANY MARKET INFRASTRUCTURE INSTITUTION OR ANY INTERMEDIARY REGISTERED WITH SEBI FROM 25-NOV-2022 TO 24-MAY-2023
25-NOV-2022
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
