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PRESS RELEASE - SEBI

  June 23, 2008
PR No. 129/2008

Consent order on the application submitted by M/s. Kausar Leasing Limited in the matter of M/s. Kausar India Limited

Dr. T.C.Nair, Whole Time Member, SEBI has passed an order dated June 20, 2008 restraining Vision Organics Limited, its Promoters/Directors Shri J H Shah and Smt Nayana J Shah from accessing the securities market and prohibiting them form buying, selling or dealing in securities market for a period of three years.
 
The restrain already undergone by the noticees pursuant to SEBI order dated January 24, 2006, shall be reduced while computing the period of restrain being imposed vide this order.


Mumbai

June 23, 2008


 

For full copy of order against M/s. VISION ORGANICS LIMITED, SHRI J H SHAH AND SMT NAYANA J SHAH click here.

 
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