sebi:WTM/AB/MIRSD/DoR/22/2021-22
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Facts / Headnote
Cancellation of certificate of registration of all four Noticees as stock brokers with immediate effect
Provisions invoked
- s. 19
- s. 12(1)
- s. 12(3)
Regulations
- Reg. 6
- Reg. 9
- Reg. 30A
- Reg. 9(a)
Parties
- Conard Securities Private Limited
- Anee Securities Private Limited
- KSBL Securities Limited
- Credential Stock Brokers Limited
Holding
The certificates of registration of Conard Securities Private Limited, Anee Securities Private Limited, KSBL Securities Limited and Credential Stock Brokers Limited as stock brokers were cancelled under Section 12(3) of the SEBI Act, 1992 read with Regulation 30A of the Intermediaries Regulations, 2008.
Full text
Order against certain Stock Brokers Page 1 of 7 WTM/AB/MIRSD/DoR/22/2021-22 SECURITIES AND EXCHANGE BOARD OF INDIA ORDER
Order against certain Stock Brokers Page 2 of 7 Sl No Name of the Stock Broker Stock Exchange SEBI Registration Number PAN Number 1 Conard Securities Private Limited NSE INZ000218639 AAHCC3679D 2 Anee Securities Private Limited BSE,NSE, MSEI, NCDEX, MCX INZ000209430 AAMCA2521M 3 KSBL Securities Limited BSE,NSE, MSEI INZ000104638 AAACK0784G 4 Credential Stock Brokers Limited NSE INB230903331 AABCC1868L
Order against certain Stock Brokers Page 3 of 7 exchange, they no longer fulfil the conditions stipulated under Regulation 9(a) of the Broker Regulations, 1992 by which Certificate of Registration was granted to the Noticees.
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Source: SecMarx — sebi:WTM/AB/MIRSD/DoR/22/2021-22. 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.