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ISMAIL IQBAL SECURITIES (PRIVATE) LIMITED versus

Failure to maintain order register in accordance with R4 (1) Rule 4 (1) of the Brokers and Agents Registration Rules, 2001, R8 Securities and Exchange Rules, 1971, provided that the purchase or sale of securities All orders that members can receive were to put their entry in a chronological order in a form that will show the name and address of the person who made the order. The name of the barren number of securities to be bought or sold; the nature and extent of the transaction, if the value of the securities or the order for which the order was valid was disclosed by the inquiry officer during the period of review by the company. Was not retained. The company was maintaining an order log that met the requirements of the rule. The company also said that the phone recording system also exists, as the company has stated that there is no alternative to ordering registers in security and in question. The Exchange Commission, however, was aware of the practical difficulties involved in manually ordering such order registers, considering the facts, on the facts, under Rule 8 of the Brokers and Agents Registration Rule 2001, Instead of taking disciplinary action, have a mild idea of the matter. The company had a cautious attitude and was instructed to ensure that the company was fully compliant with all rules and regulations to avoid any punitive action under the law. tax advocates from Jalal Pur Priwala lawyer