sebi:MO/139/MIRSD/01/06
This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.
Facts / Headnote
Censure
Provisions invoked
- s. 19
- s. 12
Regulations
- Reg. 13(4)
- Reg. 6
- Reg. 5(1)
- Reg. 13(2)
Parties
- M/s Subhkam Securities Pvt Ltd
Holding
M/s Subhkam Securities Pvt Ltd (INB011059731), Member - The Stock Exchange, Mumbai, was censured and advised to be more cautious in future in its dealings with the securities market. The order was directed to come into force with immediate effect.
Full text
Home » Enforcement » Orders » Orders of Chairman/Members Enforcement Enforcement▼ Order against M/s. Subhkam Securities Pvt Ltd Jan 24, 2006 | Orders : Orders of Chairman/Members MO/139/MIRSD/01/06 SECURITIES AND EXCHANGE BOARD OF INDIA
30/10/2025, 12:37 about:blank about:blank 2/2 penalty) Regulations, 2002 (hereinafter referred as the ‘said regulations’) to enquire into the alleged irregularities committed by the broker which were observed during the inspection. 2.2 A Notice dated June 24, 2004 was issued to the broker under Regulation 6 (1) of the said regulations. The broker submitted its reply vide letter dated July 15, 2004 and appeared for a personal hearing on September 30, 2004 before the Enquiry Officer. The enquiry officer conducted the enquiry in terms of the said Regulations and the broker was given a fair and reasonable opportunity to make its
3.0 SHOW CAUSE NOTICE AND THE BROKER’S SUBMISSIONS 3.1 A copy of the Enquiry Report was sent to the broker along with a show cause notice dated June 13, 2005, in terms of Regulation 13(2) of the said Regulations calling upon it to show cause as to why appropriate penalty including the penalty as recommended by the Enquiry Officer should not be imposed on it. 4.0 CONSIDERATION OF ISSUES 4.1 I have carefully considered the findings of the Inspection, Enquiry and the
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Source: SecMarx — sebi:MO/139/MIRSD/01/06. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.