M/s. Sunshine Stock Broking Private Limited
Penalties and directions recorded
- Appellant to deposit Rs.35 lakhs within two weeks; balance not to be recovered pending appeal
- Rs 35 lakhs deposit to remain with NSE till fresh order, subject to outcome
SAT-appeal
- NSE penalty including one-day suspension of trading challenged as imposed under rescinded circular beyond Rs.15 lakh capStay of impugned NSE order insofar as one-day suspension of trading activities · Appellant to deposit Rs.35 lakhs within two weeks; balance not to be recovered pending appealAppeal: Appeal (L) No.240 of 2020 pending; Misc. Applications 236-237 of 2020 disposed on 17.08.2020; next date 15.10.2020
- False reporting of margin money / short-collection of client margins in equity and currency derivatives segmentImpugned NSE order dated 27 June 2020 set aside; appeal allowed · Matter remanded to MCSGFC Committee for fresh decision with hearingAppeal: Appeal No. 240 of 2020 allowed on 29.10.2020; remanded to NSE MCSGFC for fresh decision
Source: SecMarx — M/s. Sunshine Stock Broking Private Limited. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (charges, outcomes, appeal chain) is cited to us.