Defaulters

List of Defaulter Member

Sr. No.

Type

Date

Name of the Defaulter Member

Dynamic

1 March 06, 2018 Ficus Securities Pvt. Ltd.
2 October 12, 2017 Amrapali Aadya Trading & Investment Private Limited
3 January 04, 2016 Dreams Broking Private Limited
List of Expelled Member

Sr. No.

Type

Date

Name of the Expelled Member

Dynamic

1 March 06, 2018 CPR Capital Services Ltd.
2 March 06, 2018 Ficus Securities Pvt. Ltd.
3 February 21, 2018 Wealth Mantra Limited
4 November 30, 2017 Amrapali Aadya Trading & Investment Private Limited
5 November 07, 2016 Micro Forex Equity & Derivatives Pvt. Ltd.
6 November 24, 2015 Orion Capital and Debt Market
COMPLAINT FORMAT

Type

Description

File

A

Registration of claim against defaulter / expelled members
Defaulting clients :

As per the SEBI circular no. SEBI/HO/DMS/CIR/P/2017/15 dated February 23, 2017, the Stock Exchanges are directed to create a common database of defaulting clients accessible to Members across the Stock Exchanges.

A client may be identified as defaulter if the client does not pay the award amount to the member/depository participant as directed in the IGRP/Arbitration /Appellate arbitration order as well as does not appeal at the next level of redressal mechanism within the timelines as prescribed by SEBI or file an application to court to set aside such order in accordance with Section 34 of the Arbitration and Conciliation Act, 1996 (in case of aggrieved by arbitration/ appellate award).

The Exchange as defined above has created a common database regarding the defaulting clients across Exchanges and the same is made available as below:


Defaulting Client Database

Type

Description

Dynamic

Defaulting Clients database