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Saturday, September 4, 1999

Sebi suspends BSE member 

PRESS TRUST OF INDIA  
Mumbai, Sept 3: The Securities and Exchange Board of India (Sebi) has suspended Bombay Stock Exchange (BSE) member Bhupendra Talakchand Mehta till he pays the registration/turnover fees along with the accrued interest thereon to the market regulator.

The suspension of the broker, conducting business under the name of M/S Bhupendra Talakchand & Co, will come into effect from September 6 next.

Sebi, in a statement on Friday said the broker will not be entitled to carry on the business as a stock broker till the prescribed fees and accrued interest thereon are paid.

Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.


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