29th December, 2006
This is pursuant to our earlier notice dated 19-09-2006 regarding mandatory collection of copies of PAN Card by the member from their existing and prospective clients and maintain the same in their records after verifying the authenticity of the same with the originals. Members also requested to enter the PAN No. in the “Client Details Entry Module” maintained in the C-STAR System before execution of any trade w.e.f 1st January, 2007.
Members are strictly advised not to place any order in C-STAR System for on behalf of any of its client w.e.f. 1st January, 2007 unless the member has collected, verified the PAN details and entered the same in the “Client Details Entry Module” of the C-STAR System.
This notice has been given in accordance with the SEBI Circular No. MRD/DoP/SE/Cir-8/2006 dated 13th July, 2006 and Circular No. MRD/DoP/SE/Cir-13/2006 dated 26th September, 2006.
Secretary & Actg. E.D