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Arcadia Share & Stock Brokers Declared Defaulter; NSE Asks Investor-Clients to Submit Claims Within 3 Months

Arcadia Share & Stock Brokers Declared Defaulter; NSE Asks Investor-Clients to Submit Claims Within 3 Months
moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.

Narendra Brahmbhatta , Antony Sequeira , Exchange Bye , Arcadia Share Stock Brokers Pvt Ltd , Investor Protection Fund , National Stock Exchange , Arcadia Share , Stock Brokers Pvt Ltd , Stock Brokers , Authorised Persons , ஆண்டனி ஸ்ய்க்வெர , பரிமாற்றம் வருகிறேன் , ஆர்கேடியா பகிர் ஸ்டாக் தரகர்கள் பிரைவேட் லிமிடெட் , முதலீட்டாளர் ப்ரொடெக்ஶந் நிதி , தேசிய ஸ்டாக் பரிமாற்றம் , ஆர்கேடியா பகிர் , ஸ்டாக் தரகர்கள் பிரைவேட் லிமிடெட் , ஸ்டாக் தரகர்கள் , அங்கீகாரம் பெற்றது நபர்கள் ,

20 Broker Defaults: It's Time the Finance Minister Demanded These Specific Actions

20 Broker Defaults: It's Time the Finance Minister Demanded These Specific Actions
moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.

Nirmala Sitharaman , Ravichandra Hegde , Lok Sabha , Anurag Thakur , Teji Mandi , Edelweiss Custodial Services Ltd , Bombay High Court , Stock Brokers Pvt Ltd , Clearing Ltd , Ernst Young , Exchange Board Of India , Broking Pvt Ltd Anugrah , National Stock Exchange , High Court , Finance Minister Demanded These Specific Actions , Exchange Board , Anugrah Stock , Broking Pvt Ltd , Teji Mandi Analytics , Edelweiss Custodial Services , Repeated Violations , Bombay High , Karvy Stock Broking , Arcadia Share , India Nivesh , ரவிச்சந்திர ஹெக்டே ,

Arcadia Share & Stock Brokers Was Intentionally Filing Incorrect Information and Data: NSE

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Mumbai-based Arcadia Share & Stock Brokers Pvt Ltd, whose trading rights have been withdrawn by the National Stock Exchange (NSE) for failing to adhere to its regulatory provisions, was found reporting incorrect data about clients’ funds, cash and cash equivalent balances, during the weekly enhanced supervision.

Based on data collected by the forensic auditor, the amount payable to the clients was about Rs47.51 crore as on 31 December 2020, whereas the clients payable as reported in the cash and cash equivalent balances submission by Arcadia as on the same date were to the tune of around Rs11.17 crore. This clearly establishes that Arcadia has been intentionally filing incorrect information and data with a view to conceal the true position of the availability of clients’ funds and securities, says an order passed by the NSE s member and core settlement guarantee fund committee (MCSGFC). ....

Ranganayakulu Jagarlamudi , Vikram Limaye , Anuradha Rao , Lnarasimha Murthy , Narendra Brahmbhatta , Antony Sequeira , Mona Bhide , Axis Bank , Moneylife Digital Team , Kotak Bank , Arcadia Share Stock Brokers Pvt Ltd , National Stock Exchange , Union Bank , Arcadia Share , Stock Brokers Pvt Ltd , State Bank , Mutual Fund Returns , Bank Fixed Deposits , Investor Returns , Portfolio Allocation , ராங்கநயக்குழு ஜகர்லமுடி , விக்ரம் லிமாயே , அனுராதா ராவ் , நரசிம்ம மூர்த்தி , ஆண்டனி ஸ்ய்க்வெர , மோனா பைட் ,