Sebi ". . .hereby suspend the certificate of registration of the noticee (Jayantilal Khandwala & Sons Pvt Ltd) as stock broker at BSE for a period of one month", the regulator said in an order.
Sebi found that the broker had committed fraudulent, manipulative and unfair activities and has also been negligent in observance and compliance of the statutory requirement in conduct of its business as a stock broker.
"The prohibited activities and types of irregularities as found in this matter have potential to disturb the market integrity and disturb the fair, equitable and efficient
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