PRESS RELEASE - SEBI

 September 10, 2008
PR No. 171/2008

Order against Shri Dushyant Natwarlal Dalal and Smt. Puloma Dushyant Dalal in the matter of IPO investigations

Dr. T.C.Nair, Whole Time Member, SEBI has passed an order dated September 09, 2008, in the matter of IPO Investigations against Shri Dushyant Natwarlal Dalal and Smt. Puloma Dushyant Dalal.
 
Pursuant to the ex-parte ad interim order passed by Whole Time Member, SEBI on April 27, 2006 in the matter of IPO investigations and after considering the submissions made by Shri Dushyant Natwarlal Dalal and Smt. Puloma Dushyant Dalal, the following directions were issued:
 
�After carefully perusing the facts and evidences, I consider it appropriate to confirm the interim directions against Shri Dushyant Natwarlal Dalal and Smt. Puloma Dushyant Dalal. As Rasila Natwarlal and Natwarlal Thakordas have expired, there are no directions against them. Considering the fact that Late Smt. Rasila Natwarlal Thakordas and Late Shri Natwarlal Thakordas have their demat accounts (IN30247040033318 and IN30247040033326) jointly held with Shri Dushyant Dalal, these would remain frozen till the passing of final order in this case.�

Mumbai

September 10, 2008


 

For full copy of order against AGAINST SHRI DUSHYANT NATWARLAL DALAL AND SMT. PULOMA DUSHYANT DALAL click here.