Addendum to Client Registration Form MANDATORY Date:- Client Code: Client Name:

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Karin Stevenson
6 years ago
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1 HARLEY SECURITIES PRIVATE LIMITED Member: Bombay Stock Exchange Limited: SEBI Regn No: INB National Stock Exchange of India Limited: SEBI Regn No: INB , INF Regd. Office: Churchgate House, 4 th Floor, 32/34, Veer Nariman Road, Fort, Mumbai , India T: F: investor grievance complaint@harleysecurities.com Addendum to Client Registration Form MANDATORY Date:- Client Code: Client Name: Financial details of the constituent: (Please tick the appropriate box and attach Copy of any one of following in support of financial details) For non corporate clients trading in Cash Segment only Income Range (Per Annum) Between 1.00 Lac to 5.00 Lac Between 5.00 Lac to Lac Between Lac to Lac Above Lac For clients trading in Derivatives segment and for Non Individual Client's (Corporate, Trust, Partnership Firm, HUF) (Note: Any one of following documents submit to us) 1. Copy of ITR Acknowledgement 2. Copy of Annual Accounts 3. Copy of Form 16 in case of salary income 4. Net worth certificate 5. Salary Slip 6. Bank account statement for last 6 months 7. Copy of demat account Holding statement. 8. Any other relevant documents substantiating ownership of assets. 9. Self declaration along with relevant supporting Trading Preference A. Stock exchanges and segment on which you to trade (if member is registered for such Exchanges): Sr. No Exchange Segment Signature of Client 1 BSE Cash 2 NSE Cash 3 NSE F&O Details of any action taken by SEBI /Stock exchange / any other authority for violation of securities laws/other economic offences during last 3 years No / Yes, If Yes (Please provide the details) Client Signature X (Please affix Stamp of HUF / Sole Proprietorship / Firm / Corporate if applicable)

2 M/s Harley Securities Pvt. Ltd. MANDATORY Policies and Procedures (Mandatory) of M/S Harley Securities Pvt. Ltd. (HSPL) a. Refusal of orders for penny stocks: Although, the term penny Stock has not been defined by BSE/NSE or any stock exchange, SEBI a penny stock generally refers to a stock which has following mentioned characteristics: Has small market capitalization; Trades at a price less than its face value; Has unsound fundamentals; Is illiquid (A list if illiquid securities is jointly released by NSE & BSE from time to time.) HSPL recognizes that it is client s decision to choose shares in which he/she would like to trade. However, HSPL like to have special attention to dealing in Penny Stock. To this end, HSPL may refuse to execute any client s orders in penny stocks without assigning any reason for the same. Any large order for purchase or sale of a should be referred to Head-Dealing department, Managing Director before such orders are entered in the market for execution. Clients must ensure that trading in Penny Stock doesn t result in creation of artificial volume or false or misleading appearance of trading. Further, clients should ensure that trading in Penny stock doesn t operate as a device to inflate or depress or cause fluctuations in the price of such stock. Clients are expected not to place orders in Penny Stock at price which are substantially different from the prevailing market prices. Any such order is liable to be rejected at the sole discretion of HSPL. In case of sale of Penny Stock, clients should ensure delivery of shares to HSPL before pay-in date or client should transfer the shares to HSPL before execution of such trade. Trading in such shares will attract 100% margin. b. Setting up client s exposure limit: Exposure limit for each client is determine by the Risk management department based on Net worth information, client s financial capacity, prevailing market conditions and margin deposited by the client in the form of funds/securities with HSPL. These limits may be set exchange-wise, segment-wise & scrip wise. HSPL retains the discretion to set and modify from time to time any clients exposure limit decided as above. The limits are determined by Risk Management Department based on the above criteria and payment history of the client in consultation with back office. Whenever, any client has taken over or wants to take exposure in any security, HSPL may call for appropriate margins in the form of early pay-in of shares or funds before or after execution of trades in cash segment. In case of any margin shortfall, the clients are told to reduce the position immediately to deposit extra margin to meet the shortfall. Otherwise HSPL may refuse to trade on behalf of such client in its own discretion. c. Applicable brokerage rate: The member can charged 2.5% maximum brokerage of trade value. The Brokerage will be charge within the prescribed limit i.e. not more than 2.5% of the trade value exclusive of statutory levies and inclusive of sub brokerage. In F&O segment brokerage on options will be charged on trading Premium 2.5% of premium amount of 100/- Per contract, whichever is higher. However the broker has the right to change lower brokerage if felt necessary.

3 d. Imposition of penalty / delayed payment charges by either party, specifying the rate and the period: Penalty and other charges levied by Exchange pertaining to trading of the client shall be recovered from the respective client. If there is delay on part of client in satisfying his/her margin obligation or settlement obligations, then, HSPL shall levy interest at the rate of 18% p.a. on such shortage amount for the delayed period on such client. HSPL shall recover such delayed payment charges from the client by debiting the client s account. No interest or charges will be paid by HSPL to any client in respect of retention of funds or securities towards meeting future settlement obligations and in respect of running account authorizations. e. Right to sell client s securities or close client s positions, without giving notice to the client, on account of nonpayment of client s Dues: HSPL has the right to close out /liquidate or square off any open position of the client (limited to the extent of settlement /margin obligation) without giving any prior notice, all or any of the client s positions as well as securities / collaterals placed as margin or other amount due from client in respect of settlement or any other dues that are recoverable from the client by HSPL. The proceeds of the same shall be adjusted against the client s liabilities / obligations. Any loss or financial charges on account of such close-out / liquidation shall be debited to the client s account. f. Shortages in obligations arising out of internal netting of trades: The short delivering client is debited by an amount equivalent to 20% above of closing rate of day prior to pay-in/pay-out day. The securities delivered short are purchased from market on T+3 day which is the Auction day on Exchange, and the purchase consideration (inclusive of all statutory taxes & levies + 2% extra) is debited to the Short delivering seller client along with reversal entry of provisionally amount debited earlier. If securities cannot be purchased from the market due to any force majeure condition, the short delivering seller is debited at the closing rate on T+3 day or Auction Day on Exchange, and the purchase consideration (inclusive of all statutory taxes & levies +20% extra). Where the delivery is matched partially or fully at the exchange clearing, the delivery and debits/ credits shall be as per Exchange Debits and Credits after deducting exchange penalties. In cases of securities having corporate actions all cases of short delivery of cum transactions which cannot be auctioned on cum basis or where the cum basis auction payout is after the book closure / record date, would be compulsory closed at higher of 20% above the official closing price on the auction day or highest traded price from first trading day of the settlement till the auction. g. Conditions under which a client may not be allowed to take further position or the broker may close the existing position of the client HSPL shall have absolute discretion and authority to limit client s volume of business or to close any existing position of a client without giving any prior notice to the client under following mentioned conditions: Extreme volatility in the market or in particular scrip or in the F&O segment. If there is shortfall in the margin deposited by client with HSPL. If there is insider trading restrictions on the client. If the client is undertaking any illegal trading practices or the client is suspected to be indulging in money laundering activities. If HSPL has reached its limit in that scrip If the clients has breached the client-wise limit.

4 If the client has taken or intends to take new position in a security which is in the ban period. If due to abnormal fall in the market, if market is closed. h. Temporarily suspending or closing a client s account based at the client s request: Any client desirous of temporarily suspending his or her trading account has to give such request in writing to the management. After management s approval, any further dealing in such client s account will be blocked. Whenever, any suspended account wants to resume trading, request in writing should be made to management and management may ask for updated financial information & other details for reactivating such account. After receiving necessary documents, details etc. and approval from the management, client is reactivated & is allowed to carry out transaction. Similarly, any client desirous of closing his/her account permanently is required to inform in writing and the decision in this regard is taken by management. After necessary approval from the management, the client code is deactivated. Only after scrutinizing the compliance requirements and no pending queries confirmation is taken, securities and funds accounts are settled. i. Deregistering a Client HSPL may, in its absolute discretion, decide to deregister a particular client. The illustrative circumstances under which HSPL may deregister a client are given below: SEBI or any other regulatory body has passed an order against such client, prohibiting or suspending such client from participating in the securities market. Such client has been indicated by a regulatory body or any government enforcement agency in case of market manipulation or insider trading or any other case involving violation of any law, rule, regulation, guideline or circular governing securities market. Such client is suspected of indulging in illegal or criminal activities including fraud or money laundering. Such client s name appears in the UN list of prohibiting entities or SEBI debarred list. Such client s account has been lying dormant for a long time or client is not traceable. Such client has declared insolvent or any legal proceedings to declare him/her as such have been intended. Such client has been irregular in fulfilling obligations towards margin or settlement dues. Such client has a tainted reputation and any business relationship with such clients is likely to tarnish the reputation of HSPL or may act as detriment to HSPL s prospects. As outstanding dues in the client s account will be communicated and collected from the client and the client will be able to pay such dues immediately on receiving such communication. j. Inactive Client Account Client account will be considered as in active if the client does not trade for the period of one year. The client has to make written request for reactivation of the trading account, with recent proofs and up gradation in KYC form

5 RUNNING ACCOUNT & OTHER AUTHORISATIONS (VOLUNTARY) To, Harley Securities Pvt Ltd Churchgate House, 4th Floor, 32/34, Veer Nariman Road, Fort, Mumbai: Financial Year: Client Code : Client Name : Date: / / Dear Sir, I am / we are regularly trading with you for Cash & Derivatives Market in BSE/NSE. I/ we hereby authorize you to do following on my/our behalf: 1. You are requested to accept all my orders over the telephone / fax conveyed by myself /ourselves or Mr. who is duly authorized by me/us, and thus no need to take our orders in writing every time. All such orders and trades will be binding on me/us. 2. I/we herby authorize the undersigned Mr. /Ms to collect & acknowledge on my /our behalf the Bills, Contract notes, daily margin statements, payout cheques, etc on behalf of my/our daily transactions. The Signature of the authorized person is as under: 1 Name: Signature: 2 Name: Signature: 3. I/We request you to maintain running balance in my account across exchange/ segment & retain the credit balance in any of my/our account and to use the unused funds towards my/our margin/pay-in/other future obligation(s) at any segment(s) of any or all the Exchange(s)/Clearing corporation unless I/we instruct you in writing otherwise. 4. I/We request you to retain securities with you for my/our margin/pay-in/other-future obligation(s) at any segment(s) of any or all exchange(s)/clearing corporation, unless I/we instruct you to transfer the same to my/our account in writing. 5. I/We request you to settle my fund and securities account once in every calendar Quarter or once in a calendar month or such other higher period as allowed by SEBI/Stock Exchange time to time except the fund given towards collaterals/margin in form of Bank Guarantee and /or Fixed Deposit Receipt. 6. In case I/We have an outstanding obligation on the settlement date, you may retain the requisite securities/funds towards such obligation and may also retain the funds expected to be required to meet margin obligations for next 5 trading days, calculated in the manner specified by the exchanges. You may charge the cost of holding securities to my / our account with you. 7. I/We confirm you that I will bring to your notice any dispute arising from the statement of account or settlement so made in writing within 7 working days from the date of receipt of funds/securities or statement of accounts or statement related to it, as the case may be at your registered office. After that I/we shall have no right to dispute the transaction, funds and/or securities ever and agree that you shall not be liable for any incidental loss/ damage caused due to retention of funds and/or securities. 8. I/We confirm you that I can revoke the above mentioned authority by giving 15 working days notice in writing to you. I have noted the following:- 1) This authorization must be renewed at least once a year. 2) The authorization shall be signed by me only and not any power of attorney holder or by any authorized person. Thanking you, Yours faithfully,

INTERNAL CONTROL. Policies and Procedures (Mandatory) of G. DAS CAPITAL MARKETS PVT. LTD. A. Refusal of orders for Penny Stocks

INTERNAL CONTROL. Policies and Procedures (Mandatory) of G. DAS CAPITAL MARKETS PVT. LTD. A. Refusal of orders for Penny Stocks INTERNAL CONTROL Policies and Procedures (Mandatory) of G. DAS CAPITAL MARKETS PVT. LTD. A. Refusal of orders for Penny Stocks Although, the term Penny Stock has not been defined by BSE / NSE or any other