VANISHING = COMPANIES=20

PUNISHING THE = GUILTY=20

The Capital Market had witnessed a boom during = early=20 1990s, when many new companies tapped capital market and collected funds = from=20 the public through issue of shares/debentures. Some of their companies took advantage of = the market=20 conditions but later defaulted in their commitments made to the public = while=20 mobilizing funds. Some of = these=20 companies are not even traceable; the public has thus been cheated = of their hard earned = money.

2. =20 A High Powered Central Coordination and Monitoring Committee = (CMC)=20 co-chaired by Secretary, Department of Company Affairs (DCA) and = Chairman, SEBI=20 was set up to monitor the action taken against the vanishing companies, = and=20 unscrupulous promoters who misused the funds raised from the public. It = was=20 decided by this Committee that Seven Task Forces be set up at Mumbai, = Delhi,=20 Chennai, Kolkata, Ahmedabad, Bangalore, Hyderabad with RDs/ROCs of = respective=20 regions as convenor, and Regional Offices of SEBI and Stock Exchanges as = Members. Subsequently, the number of Task Forces was reorganised from 7 = to 4=20 corresponding to the Regions falling under the jurisdiction of the four = Regional=20 Directors of DCA. The = main task of=20 these Task Forces was to identify the companies, which have disappeared, = or=20 which have misutilised their funds mobilized from the investors, and = suggest=20 appropriate action in terms of Companies Act or SEBI Act.

3. =20 As a result of concerted efforts made by these Task Forces, = prosecutions=20 have been launched against the promoters of the vanishing companies = under=20 Section 63/68/628 of the Companies Act, 1956.

(i)=20 &= nbsp; =20 =9363. =20 Criminal liability of mis-statement in prospectus. =

(ii)=20 &= nbsp; =20 68. Penalty for = fraudulently=20 inducing persons to invest money and

(iii)=20 &= nbsp;=20 628. Penalty for false = statements.

An=20 effort has been made to bring to the notice of the public, at large, the = list of=20 vanishing companies, names and addresses of their directors against whom = prosecution proceedings have been launched under Section 62/68/628 of = the=20 Companies Act, 1956, along with the names of Lead Manager, Merchant = Bankers,=20 Underwriters to the issue etc. who helped these companies in raising the = funds. The list of such = companies=20 and its directors is given below:

Sno.

Name of = the=20 ROC

Prosecution=20 Filed

REGISTRAR=20 OF COMPANIES,BIHAR & JHARKHAND

REGISTRAR OF = COMPANIES,=20 ANDHRA PRADESH, HYDERABAD

REGISTRAR OF = COMPANIES,=20 ORRISA

REGISTRAR OF COMPANIES, WEST=20 BENGAL,KOLKATA

REGISTRAR OF COMPANIES,KARNATAKA,=20 BANGALORE

REGISTRAR OF=20 COMPANIES,TAMILNADU,COIMBATORE

REGISTRAR OF COMPANIES, = CHENNAI

REGISTRAR OF COMPANIES, = MUMBAI

NCT OF DELHI AND HARYANA

10.

REGISTRAR OF COMPANIES, = JALANDHAR

11.

REGISTRAR OF COMPANIES,U.P.,UTTARANCHAL,=20 KANPUR

12.

REGISTRAR OF COMPANIES,=20 GUJRAT(AHMEDABAD)

Total

1. REGISTRAR OF = COMPANIES,BIHAR=20 & JHARKHAND

Sl.No.

Name & = Regd. Office of=20 the company

Name & = address of=20 directors/Officers in default.

Gist of=20 violation

Date of filing = Prosecution=20

Remarks

(if=20 any)

M/s Bodh Gaya = Ceramics=20 Ltd.

Tekuna Farm, = Industrial=20 Estate, Gaya, Dobhi Road, P.O.,-Bagdaha,

Gaya-823=20 004.

Dr. Meera Ananat = Gharpure,=20 M.D.,Vijay, 520C Adenwala Road, Matunga Mumbai-400=20 019

Sh. Achyut Anant = Ganpule,=20 Parshuram Pottery Works Co. Ltd. Morvi-363 = 642.

Sh. Ashok Anant = ganpule,=20 Parshuram Pottery Works Co. Ltd. Morvi-363 = 642

Sh. Harshad = Nandlal=20 Bhutta,

Samundrei, 17, = Ashoknagar=20 society, Juhu,

Mumbai-45.

Dr. Gyan Dhar=20 Singh,

B/173, Gandhi = Vihar, Polic=20 colony, anishabad, Patna-800 002.

Sh. Harinandan = Prasad Sinha,=20 B.N.Lane, Mithapur, patna-800 001.Sh. Chndeshwar Singj, = 80,Anandpuri,Patna=20 800 001.Shri Aditya Swaroop, D.M.=92s = Residence,Gaya.

Shri Prithwi Raj = Roy, b/3/28,=20 Officer=92s Flats, Bailey Road, Patna 800 = 001.

Sh. Umesh Kumar=20 Sinha

P.S.P.C.D.C., = 5^TH=20 floor, Block-A, Mouryalok complex, Patna-800 = 001.

Section 63,68 = &=20 628

24.06.2002

M/s Cilson = Organics Ltd., 5,=20 Boring Road, Patliputra, Patna-800 013.

Sh. Chandra Mohan = Jha,

Managing=20 Director,

1A, Patliputra=20 Colony,

Patna-800013

Lal Bahadur=20 Singh,

111-112, = Rajnigandha=20 App.,

Patna-800=20 013

Lalan Kumar=20 Jha,

Director,

111-112, = Rajnigandha=20 App.,

Patna-800=20 013

Sh. Rajni Kant=20 Mishra,

Director,

111-112, = Rajnigandha=20 App.,

Patna =96 800=20 013.

Section 63,68 = &=20 628

24.06.2002

M/s Ambuja Zinc=20 Ltd.

Ambuja house, = 297, Patliputra=20 Colony, Patna-13.

Sh. Durga Prasad = gupta,=20 Chairman

Manish Villa, = Patliputra=20 Colony, Patna-800 013.

Sh. Gopi Krishan = gupta,=20 M.D.,

Manish Villa, = Patliputra=20 colony,Patna-800 013.

Sh. Shyam Sundar = Gupta, G37,=20 East of Kailash, New Delhi-65.

Sh. Pradeep Kumar = gupta,

21, Mangaldeep = apartment,=20 P.P. colony, Patna-800 013.

Ms. Sushila=20 Gupta

Manish Villa, P = atliputra=20 Colony, Patna-800 013

Section 63,68 = &=20 628

17.07.2002

Shree Vaishnavi = Dying &=20 Printing Limited.,

2^nd = Floor, Krishna=20 Building,

S.P. Verma=20 Road,

Patna-800=20 013

Sh. Zulfikar Ali=20 Kagri,

205, Vishram = Nagar, Ved=20 Road,

Surat.

Sh. Yakub K.=20 Mulla,

Begampura, Falso=20 Wadi,

Surat.

Sh. Saiyed=20 Nizzamudin,

Navsari Bazar,=20 Putli,

Surat

Section 63,68 = &=20 628

22.07.2002

2. REGISTRAR OF COMPANIES, ANDHRA PRADESH,=20 HYDERABAD

Sl.No

Name = & Regd.=20 Office of the company.

Name = &=20 address of =20 Directors/Officers in default.

Gist of violation

Date = of filing=20 Prosecution

Remarks (if=20 any)

Deccan Petroleum=20 Limited,

3-6-100, B/1, = West=20 Marredpally, Secunderabad =96 26

1. = Shri G. Sampath, Managing Director, S/o. K. = Gopalan,=20 3-6-100, B/1, West=20 Marredpally, Secunderabad =96 26

2. = Smt. Subhadra Sampath, W/o. G. Sampath, = 3-6-100, B/1,=20 West Marredpally, Secunderabad =96 26

3. = Smt. Sai Priya Varadarajan, W/o. P. = Varadarajan, 31,=20 Venkateswara Agraharam, Mylapore, Chennai =96 = 4.

4. = Sri K.S. Shetty, S/o. K. Manjayya Setty, = H.No.420,=20 8^th Cross Road, II Block, Ravindranath Tagore Nagar,=20 Bangalore.

5. = Sri R. Srinivasan, S/o. S. Rajagopalan, = H.No.48, Lasya=20 Apartments, 189A, = St. Mary=92s=20 Road, Chennai =96 1.

6. = Sri M. Khandelwal, S/o. Ramswaroot = Khandelwal, A-2,=20 Opp: Udyog Bhawan, Tilak Mark, Jaipur =96 5.

7. = Sri K. Krishnamurthy, S/o. M.K. Sastri, Plot = No.539,=20 11^th Main Road, Chembur, Mumbai =96 = 71.

8. = Sri R.M. Kranthi (Nominee of IFCI) S/o. R.M. = Ratnam,=20 1-1-230/15, Chikkadpally, Hyderabad =96 20.

9. = Sri R. Kannan, Nominee of RCTC, S/o. = Neelkantha Iyer,=20 C/o. Deccan Petroleum Limited, 3-6-100, B/1, West Marredpally,=20 Secunderabad =96 26.

Violation of = provisions of=20 Sections 62, 63, 68 and 628 of the Companies Act,=20 1956.

10.7.2002

The case has not = come up for=20 hearing.

3. = REGISTRAR OF=20 COMPANIES, ORRISA

SL.NO

Name & = Registered=20 Office of the Company.

Name & = Address of=20 Directors/ Officers in default.

Gist of=20 Violation.

Date of filing=20 Prosecution.

Remarks (if=20 any)

UNIVERSAL VITA = ALIMENTARE=20 LTD.

17/8,BALGOPALPUR=20 INDUSTRIAL ESTATE, BALASORE- 756020

1.Shri A.Krishna = Murty,341,BJB Nagar,Bhubaneswar.=20

2. Shri = Hari=20 Prakash Vyas, 72A, Turt Road, Calcutta-25.

3. Shri = Nidamardy=20 Kondala Rao, Sneha Nagar, Hyderabad-7.

4. Shri = Vithal B.=20 Mitbander, 2/2A, Munirka, New Delhi-7,

5. Shri = J.K.Mohanty, AT/Po-Pipili, Dt.Puri

6. Shri = P.:P.Bhatt, 39A, Cuffe Parade, Maker Tower F=20 Bombay-5.

7. Shri = K.K.Rao,=20 17/B, Balgopalpur Industrial Estate, = Balasore.

8. Mrs. = Shieh=20 Shirlie, 3/8, Paper Mill Road, Perambur, Madras.

U/S. 63,68 and = 628 of the=20 Companies Act, 1956 for mis-statement in the Prospectus, = fraudulently=20 inducing persons for investment and False Statement in the = Prospectus=20 respectively.

24.05.2002.

The Next date = for=20 appearance of the accused persons is fixed on 31.08.2002.in the = Court of=20 Ld.ACJM(Spl)Cuttack.

4. = REGISTRAR OF=20 COMPANIES, WEST BENGAL,KOLKATA

Sl.

No.

Name & Regd. Office of the Company=20

Name & address of Directors / Officers in =20 default

Gist of violation =20

Date of filing =20 Prosecution

Remarks (if=20 any)

M/s Kiev Finance Limited =

Registered office = at 8 , Lyous Range=20 ,

Kolkata =96 700=20 001.

1. Mr. S. K. = Kothari ,=20

23/ 24 , Radha Bazar Street , =

Kolkata =96 700 = 001.=20

2. Mr. = B.R. Jain=20 ,

142 , Antriksha , =

Khedgali Prabadevi , =

Mumbai =96 400 = 025=20 .

3. Mr. = Nirmala Kothari=20 ,

23/ 24 , Radha Bazar Street , =

Kolkata =96 700 = 001.=20

4. = Mr.=20 Somesh Sharma ,=20

Hanuman Building ,3 rd Floor , 67 , Tanpakants, =

Mumbai =96 400=20 002.

5. Mr. Rajendra jain , = Saroogh Building ,

3 rd Floor , 251 / 1 , DR. D. = N. Road ,=20

Mumbai =96 400=20 001.

6. = Mr.=20 S. N. Saha ,

58 , = Southern Avenue , =

Kolkata =96 700 029 .=20

As compared to projected amount , =

utilisation of funds was much lower

and there were increased in investment ,=20

leased assets current assets etc. =

18-06-2002 ( for violation =

of section 63 , 68 and = 628)

M/S Oriental Remedies & Herbals = Limited

Registered office at=20

46 =96 B , Rafi=20

Ahmed Kidwai Road , = 2^ndfloor ,=20

Kolkata =96 700 = 016 .=20

1. Dr. Piyush Aggarwal , =

S/O Mr. K.K. Aggarwal = ,=20

102 , = Wellesly Mansion, =

44 B , Rafi Ahmed Kidwai Road , =

Kolkata - 700 = 016.

2. = Dr. ( Mrs. ) =20 Neelom

Aggarwal , =

W/ O Piyush Aggarwal,=20

102 , = Wellesly Mansion, =

44 B , Rafi Ahmed Kidwai Road , =

Kolkata - 700 = 016.

3. Mrs. S . Talwar ,=20

W/O Dr. T. Talwar ,=20

162 , New Colony , =

Gurgoan (Haryana ) = .

4. Mr. = Nagarmal Aggarwal , =

S/O Mr. Jugal Kishor Aggarwal ,

386 , = Belilios Road , =

Howrah =96 711 = 101

The company did not utilise the funds =

for the purpose it was raised = .

18-06-2002 =20 ( for violation =

of section 63 and 68=20 )

5. = REGISTRAR OF=20 COMPANIES,KARNATAKA, BANGALORE

Sl.No

Name & Regd. Office of = the=20 Company

Name & Address of = Directors /=20 officers in default

Gist of=20 violation

Date of=20 filing

Remark (if=20 any)

Flora Wall Covering=20 Ltd,

345/1,=20 Telugarahalli

Anekal 562 = 106,

Bangalore=20 Dist.

1. Shri. M.S.A.=20 Aleem

36, D=92costa = Square =

II Cross, = Cooke Town,=20

Bangalore = 560=20 084. &nbs= p; = ; =20 =20

2. =20 Smt.=20 Anuradha,

23=20 =93Madhuri=94 =20

J.P.=20 Nagar I phase,=20

ITI=20 Layout,

Bangalore=20 560 078

3. =20 Shri. P.=20 N. Vedanarayan,

No. 2,=20 Ist Avenue,

Indiranagar,

Chennai=20 600 020.

4. =20 Shri.=20 N.R. Subramania Raja,

77,=20 Srivilliputhur Road,

Rajapalyam=20 626 117,

Tamilnadu

5. =20 Shri.=20 Jaisukh S. Khatadia.

=93Smruti=94,=20 Plot No. 20,

R.A.=20 Kidwai Road,

Mumbai=20 400 031.

6. =20 Shri.=20 Filipo Uecher,

Emmepi=20 S.R.L.

Via per=20 Muzzano,

13055,=20 Occhieppo =20

Inferiore Vc,=20 Italy.

7. =20 Shri.=20 M.S. Arun Kumar

No. 16,=20 4^th Floor

Narang=20 Chambers

Town Hall=20 Square, N.R. Road,

Bangalore=20 560 002

8. =20 Shri. S.=20 Devi Prasad

4112,=20 14^th Main (I Main)

'B'=20 Block, Rajajinagar

Bangalore=20 560 010

1.Sec..=20 Sec. 63

Untrue=20 statement in the prospectus dated 31.1.1994 for issue of 50,00,000 = equity=20 shares of Rs. 10/- each, for cash at par, aggregating to Rs. 500=20 lakhs.

2. Sec.=20 68

Making=20 statements, promises and forecasts in the above prospectus, which = are=20 false, deceptive, or misleading, with a view to induce persons to=20 subscribe for shares in the company.

3.=20 Sec.628

Making=20 false statements in the above prospectus, knowing such statement = to be=20 false.

13.8.2002

Complaint=20 U/s 62 could not be filed as the ROC is not a party and does not = have=20 locus standi

Ready=20 Foods Ltd

1332,=20 Double Road,

Indiranagar=20 II Stage

Bangalore=20 560 038

1. =20 Shri. T.V. Raja=20 Reddy

=20 2/268 Colony,

=20 Madanpalle =96 517 325

2. =20 Shri. D.=20 V. Kapur

=20 405,=93Aradhana =20

= Apartments=20 =93

Sector = B, R.K.=20 Puram,

New = Delhi 110=20 006.

3. =20 Shri.=20 H.A.B. Parpia

=20 Suryakanti, 333, Hinkal,

= Mysore 570=20 017

4. =20 Shri. J.=20 Mathan,

= 7, Papanna=20 Street,

= St. Marks=20 Road,

=20 Bangalore 560 001.

5. =20 Shri.=20 R.Anand,

= 10/326,=20 Kamma Street,

=20 Madanapalle 517 325

6. =20 Dr N.S.=20 Randhava,

= EA =96=20 220, Maya Enclave

= New Delhi=20 110 064. &nbs= p; = ;=20

1.Sec..=20 Sec. 63

Untrue=20 statement in the prospectus dated 22.12.1992 for issue of = 1,96,00,000=20 equity shares of Rs. 10/- each, for cash at par, aggregating to = Rs. 19.60=20 Crores

2. Sec.=20 68

Making=20 statements, promises and forecasts in the above prospectus, which = are=20 false, deceptive, or misleading, with a view to induce persons to=20 subscribe for shares in the company.

3.=20 Sec.628

Making=20 false statements in the above prospectus, knowing such statement = to be=20 false

30.8.2002

Complaint=20 U/s 62 could not be filed as the ROC is not a party and does not = have=20 locus standi

&nbs= p; =20

6. = REGISTRAR OF=20 COMPANIES,TAMILNADU,COIMBATORE

=20

Sl.No

Name & = Regd. Office of=20 the Company

Name & = Address of=20 Directors / officers in default

Gist of=20 violation

Date of = filing

Remark (if = any)

Denmur Fax Roll=20 Limited

Coimbatore-Pollachi Road,=20 Nallathipalayam, Tamaraikulam =96 642 109

1. = Mr. P.N. = Devarajan, Aged=20 about 67 years

S/o P.S.=20 Narayanaswamy,

45, Usha Kiran=20 22^nd Floor,

Carmichael=20 Road,

Mumbai- 400=20 026.

2. = Mr. Chandrasekar = Venkataraman, Aged about 46 years

S/o Mr=20 Venkataraman,

Fremont C.D.=20 94539

3. = Mr. Suresh = Nagaraj, Aged=20 about 40 years

S/o Mr. P.=20 Nagaraj,

4401, Park Glin=20 Road,

Appt No. 116, St = Louis=20 Port,

Minneapolis, M.N.=20 55416

United States of = America

4. = Mr. Upendra A. = Shah, Aged=20 about 61 years,

S/o Ambala P=20 Shah,

194-H, Dalamal=20 Park

223, Cuffe=20 Parade,

Mumbai =96 400=20 005

5. = Clifton Desilva = aged about=20 49 years

S/o Mr.=20 Cyprus

201, Tanwar = Apartments=20 Shradh Anand Road,

Vile Parle=20 East,

Mumbai =96 400=20 057.

6. = Mr. Pankaj = Madhukar=20 Tambane, Aged about 50 years

S/o Sri=20 Tamhane

A/41=20 =93Varsha=94

Gulmohar Cross = Road=20 No.4

J.V.P.D.=20 Scheme

Vile Parle=20 West

Mumbai 400=20 049

7. = Mr. Jethanand = Hemant=20 Kumar, Aged about 53 years,

= S/o Mr.=20 Jethanand,

= 152,=20 Poonamallee

High=20 Road,

=20 Kilpauk, Chennai =20

=20 =96 600 010.

&nbs= p; = ; = &= nbsp; &n= bsp; &nb= sp; =20

8. = Mr Ram Gopal = Kabra, Aged=20 about 48 years,

S/o Ram Rai=20 Kabra

P.O. Box=20 No.6891.

Dubai.

9. = Mr. P.R. Murthy, = Aged=20 about 65 years,

S/o = Mr. EBP=20 Haran

=93Oriental=94 = 25 DB=20 Road,

RS Puram, = Coimbatore=20 641002.

10. Mr. J. = Jayaraman, Aged=20 about 69 years,

S/o Mr. H = Jagadisa=20 Iyer,

Ashwin = Apartments,=20

39/4, C.P. = Ramaswamy=20 Road,

Alwarpet, = Chennai =96 600=20 018.

11.Mr. K. = Ramanujam,

Aged = about=20

48=20 years,

S/o = T.R.=20

=20 Krishnaswamy,

42,=20 Bharathi =20 Colony,

= Peelamedu, Coimbatore = 641004

This office has = filed=20 three complaints =96 one each under section 63, 68 & 628 of = the=20 Companies Act, 1956 =96 for the mis statements, untrue statements = &=20 false statements respectively made in the prospectus dated = 28.09.1993=20 issued by the company inviting shares from the=20 public

31.05.2002

The complaints filled before the Judicial = Magistrate=20 court No. 1 , Pollachi have been numbered as CC 447, 448 and 449 = of 2002.=20 All the accused except those who are =20 staying abroad have appeared.

For=20 those Three Directors who are residing in foreign countries the = summons=20 was sent through = the DCA to=20 the Ministry of External Affairs for service of summons through = the=20 respective Embassies to the accused. However the Ministry of = External=20 Affairs has now replied that this issue has to be first addressed = to the=20 Ministry of Home Affairs. This issue is now being taken up with = the=20 Ministry of Home Affairs and it will be ensured that the summons = is served=20 on the accused in their respective countries

Navakkarai = Spinners=20 Limited,Door No.1059/19, II Floor,Gowtham Centre Annexe, Avanashi = Road,=20 Coimbatore-18

1. = Shri N.Anand, = aged=20 about =20 years,

S/o=20 P.Nanjappan,

6/66-A, = =91SHINE=92,=20 Perumalsamy Nagar,

B.K.Pudur,Kuniamuthur,=20 Coimbatore-641 008.

2. = Shri = M.Duraisamy, aged=20 about =20 years,

S/o=20 R.Marimuthu,

Soorachirapalayam,=20 Pudussery P.O, Palakkad.

3. = Shri = R.Mohankumar,(aged=20 about years) = S/o=20 V.Ramanujam,

S.F.No.11,Kolarpatti=20 Village,Gedimedu,

Gomangalampudur = Post,=20 Pollachi Taluk.

4. = Shri Richard=20 Dorairaj,(aged about = years) S/o=20 A.George,

P.B.No.5208,=20 Sowripalayam,Coimbatore-641 028.

5. = Shri = P.Subramaniam,(aged=20 about years) = S/o=20 Palaniappan,

277, = Gandhipuram, II=20 Street, Coimbatore-641 012.

This office has = filed=20 three complaints =96 one each under section 63, 68 & 628 of = the=20 Companies Act, 1956 =96 for the mis

statements, = untrue=20 statements & false statements respectively made in the = prospectus=20 dated 07.10.1996 issued by the company inviting shares from the=20 public

31.05.2002

The complaints = filed=20 before the Judicial Magistrate court No.III, Coimbatore are yet to be=20 numbered

Shyam Prints = &=20 Publishers Limited

Door No 57/1 = Mahatma=20 Gandhi Nagar, SIHS Colony, Aerodrome Po

Coimbatore=20

641=20 014.

Shri R Sriram, aged = about 37 = years,

S/o K.S.=20 Ranganathan,

35-A, =91Kongu=20 Nagar,

Ramanathapuram,

Coimbatore-641=20 045.

Smt. Manga Sriram, aged = about 36 years,

W/o R.=20 Sriram,

35-A, =91Kongu=20 Nagar,

Ramanathapuram,

Coimbatore-641=20 045.

Shri V. Shivasankaran, aged = about=20 55 years=20

S/o Sri=20 Viswanathan,

108A, = Ponnurangam Road=20 (West),

Coimbatore 641=20 002.

This office has = filed=20 three complaints =96 one each under section 63, 68 & 628 of = the=20 Companies Act, 1956 =96 for the misstatements, untrue statements = & false=20 statements respectively made in the prospectus dated 13.11.1995 = issued by=20 the company inviting shares from the public

31.05.2002

The complaints = filed=20 before the Judicial Magistrate court No.III, Coimbatore are yet to be=20 numbered

Global Blooms = (India)=20 Limited

Door No.11, = HUDCO,=20 Ganapathy, Coimbatore

641 = 006

1. = V.RAVINDRAN, Aged 40 = Years

S/o=20 R.V.Venkitapathy

H 11, HUDCO,=20 GANAPATHY

COIMBATORE 641=20 006

2. = P.KANDASAMY, Aged 50 = Years

S/o Palaniappa=20 Gounder

36-B, BALAJI = NAGAR,=20 RAMANATHAPURAM

COIMBATORE 641=20 045

3. = RANJINI, Aged 39 = Years

W/o=20 V.Ravindran

H 11, HUDCO,=20 GANAPTHY

COIMBATORE 641=20 006

4. = K.R.MANOHAR, Aged 46 = Years

S/o=20 Rajamanickam

24 SIVASAKTHI = COLONY,=20 PEELAMEDU

COIMBATORE 641=20 004

5. = S.V.RAGHAVAN, Aged = 61Years

S/o=20 Subramanian

F-4-B BHAGAT = SINGH=20 MARKET

NEW DELHI 110=20 001

6. = S.NAGAPPAN, Aged 39 = Years

S/o A.T.=20 Srinivasan

239-B, = B.K.CHETTY STREET,=20 FORT

COIMBATORE 641=20 001

7. = R.RAJENDRAN, Aged 50 = Years

S/o = K.R.Ranganathan=20 Naidu

Executive = Director=20 of

MADANAPPALLE = SPINNING=20 MILLS LTD

=20 MADANAPPALLE, 517 326 A.P

8. = S.MURUGAPPAN, Aged 48 = Years

S/o=20 A.T.Srinivasan

239-B, B.K = CHETTY STREET,=20 FORT

COIMBATORE 641=20 001

9. = SUMATI, Aged 38 = Years

W/o Ram=20 Mohan

7 RACE COURSE, = COIMBATORE=20 641 018

This office has = filed=20 three complaints =96 one each under section 63, 68 & 628 of = the=20 Companies Act, 1956 =96 for the misstatements, untrue statements = & false=20 statements respectively made in the prospectus dated 30.01.1996 = issued by=20 the company inviting shares from the public

31.05.2002

The Complaints = filled before=20 the Judicial Magistrate Court No. II, Coimbatore have been = numbered as CC=20 839 of 2002 and STC 1159 and 1160 of 2002.

AVR Securities = Limited,=20 Door No. 219, Ist Floor, Palani road, Udamelpet 642=20 126

1 =20 A.K.AHILAN

=20 Aged about 42 Years

=20 S/oM.KANDASAMY

15 MANICKAM = PILLAI=20 STREET

UDUMLET 642=20 126

2 =20 VIJAYALAKSHMI

Aged about 40=20 Years

W/o=20 A.K.AHILAN

15 MANICKAM = PILLAI=20 STREET

UDUMALPET 642=20 126

3.=20 M.KANDASAMY

Aged about 78 = Years

S/o MURUGAVEL = PILLAI=20

15 MANICKAM = PILLAI=20 STREET

UDUMALPET 642=20 126

4. = R.ANBAZHAGAN

Aged about 42=20 Years

S/o=20 A.RAMAN

20 SAI RAM=20 LAYOUT

D.V=20 PATTANAM

UDUMALPET 642=20 126

5 J.=20 RAVICHANDRAN

Aged about 38=20 Years

S/o=20 JAYARAMAN

1055/13 GOWTHAM=20 CENTRE

AVANASHI=20 ROAD

COIMBATORE 641=20 018

6. =20 J.VASANTHA

Aged about 66=20 Years

W/o=20 JAYARAMAN

1 O.M.C=20 LANE

UDUMALPET 642=20 126

7. D.=20 MANAMOHAN

Aged about 63=20 Years

S/o DAYANANDAM=20 PILLAI

104 RAMACHANDRA=20 ROAD

R.S PURAM, = COIMBATORE =20

641002 =20

&n= bsp; &nb= sp; &nbs= p; =20 &n= bsp;

This office has = filed=20 three complaints =96 one each under section 63, 68 & 628 of = the=20 Companies Act, 1956 =96 for the misstatements, untrue statements = & false=20 statements respectively made in the prospectus dated 27.10.1995 = issued by=20 the company inviting shares from the = public

31.05.2002

The complaints = filed=20 before the Judicial Magistrate court No.I, Udumalpet have been = taken on=20 file as CC Nos 197, 198 & 199 of 2002.The cases are posted to=20 26.07.2002.. =20

Pappilon = Exports Limited =

Door No. 33. = Sathappa=20 Compound

Harvey Road, = Tirupur=20 641602

1. = K.B.SASIDHARAN

Aged about 48=20 Years

S/o K.BHASKARAN=20 NAIR

KAIPALLY HOUSE,=20

MULLUKARA

TRICHUR DIST 680 = 583=20

KERALA

2. = SITARAM GUPTA

Aged about 73 Years

S/o Nanhelal Gupta

D 901 NEW FRIENDS = COLONY

NEW=20 DELHI

3. = MOHAN GUPTA

Aged about 43=20 Years

S/o Sitaram Gupta =20

D 901 NEW FRIENDS COLONY

= NEW=20 DELHI

4. = ASHOK KUMAR GUPTA

Aged about 54 Years

S/o K.L.Gupta

B-27-80 A-1-A=20 RAVINDRAPURI

VARANASI, UTTAR=20 PRADESH

5. = VIRENDRA BAPNAAged about 52=20 Years

S/o Bhogmal=20 Bapna

SARAFA BAZAR,=20 LASHKAR

GWALIOR, MADHYA=20

PRADESH

6. = MUKESH CHAND GUPTA

Aged about = 48 Years

S/o Ramji Gupta=20

4341=20 VIJAYANAGAR COLONY =

AGRA, UTTAR=20 PRADESH

This office has = filed=20 three complaints =96 one each under section 63, 68 & 628 of = the=20 Companies Act, 1956 =96 for the misstatements, untrue statements = & false=20 statements respectively made in the prospectus dated 06.04.1995 = issued by=20 the company inviting shares from the public

31.05.2002

The complaints = filed=20 before the Judicial Magistrate court No.I, Tirupur have been taken = on file=20 as CC Nos 400, 401 & 402 of 2002.The cases are posted to=20 29.07.2002. =20

7. = REGISTRAR OF=20 COMPANIES,CHENNAI

Sl.No.

Name of the = Company and=20 Registered Office

Name & Address = of=20 Directors/ Officers in Default

Gist of=20 Violation

Date of filing=20 Prosecution

Remarks (if=20 any)

M/s.Nagarjuna Jiya = Industries Limited

Karthikeyan Salai, = Periyar=20 Salai, Chennai 600 082

1. Sri=20 R.K.Agarwal

S/o.Dr.Jiallal=20 Agarwal

292, Fountain = Plaza,=20 Pantheon Road, Egmore,

Chennai 600=20 008.

2. Sri R.K.=20 Agarwal,

S/o. Dr Jialal=20 Agarwal,

B-32, Karthikeyan = Salai,=20 Periyar Salai, Chennai 82

3. Sri Kassam Sait = N.M

S/o.Noor Mohamed = Ummer=20 Sait,

Faiz Mansion, = 12/25,=20 Panayappily, Cochin College Road, Cochin

682=20 002.

4. Sri Kassam Sait = N.M.

S/o. Noor Mohamed = Ummer=20 Sait,

Al-239/9, Block=20 11^th Main Road Anna Nagar, Chennai = 40

5. Sri Kassam Sait = N.M.

S/o.Noor Mohamed = Ummer=20 Sait,

SFA-1-157, Auto = Nagar, Vizag=20 530012.

6. Sri Mohammed = Faiz Kassam=20 Sait

S/o.Kassam Sait,=20

AL-238/9=20 Block

11^th = Main Road,=20 Anna Nagar, Chennai 40

7. Sri Mohammed = Faiz Kassam=20 Sait,

S/o.Kassam=20 Sait,

SFA-1-157, Auto = Nagar, Vizag=20 530012.

8.Sri S Nagarjuna=20 Rao,

S/o.S.L.Kantha=20 Rao

B-32, Karthikeyan=20 Salai,Periyar Salai, Chennai 82

The company had = issued a=20 Prospectus in respect of a Public issue of 27,00,000 equity shares = of=20 Rs.10/- each for cashd at par aggregating Rs.270 lacs and the said = prospectus dated 4/4/94 had been filed in this office on=20 4/4/94.

In = the Prospectus=20 so issued by the company, it had made statement to the effect that = it=20 would be implementing projects for processing of shrimps and other = sea-food products as per the Schedule of implementation given = under the=20 heading =93Company, Management and Project=94, which is reproduced = below:

10. Registrar of=20 Companies,Jalandhar

Sl.No.

Name & Regd = Office of the=20 Company

Name & = Address of=20 Directors/Officers in Default

Gist of=20 Violation

Date of Filing=20 Prosecution

Remarks if=20 any

Sukhchain Cements = Ltd.

Gangadevi Mahjan = Trust=20 Building , Main Bazar, =20 Manimajra, Chandigarh.

1. =20 Sh. Varesh Chalan, 1138, Sector = 7,=20 Panchkula.

2. =20 Sh. J.P. Gupta, 83, Sector 18,=20 Chandigarh.

3. =20 Sh. S. Parampal Singh Mann, 29, = Sector 9,=20 Chandigarh.

4. =20 Sh. Kuldip Kaura, Executive = Bungalows HBB=20 Colony, Mancia Vadodara.

5. =20 Major Gen Retd. Surinder Kumar, = I-601,=20 Som Vihar, Sector X R.K. Puram, New Delhi.

6. =20 Sh. R.K. Singla, 411, Sector = 16,=20 Panchkula.

7. =20 Sh. Vivek Chalan, 1138, Sector = 7,=20 Panchkula.

Section 62 read = with section=20 628, 63 and 68 of the Companies Act, 1956.

Section 159/220 = of the=20 Companies Act, 1956.

04-05-2002

06-05-2002.

------

Hindustan Tools = &=20 Forgings Ltd., Dhankansu Road, Rajpura (Pb).

1. =20 Sh. Resh Goyal, 703, Sector = 8-A,=20 Panchkula.

2. =20 Mrs. Abha Goyal, 703, Sector = 8-A,=20 Panchkula.

3. =20 Sh. Vijay Gupta, D-14, Calibre = Market,=20 Rajpura.

4. =20 Sh. S.R. Sodhani (NRI), S/o Sh. = R.=20 Sodhani, No. 17, JLN Metro Duta, Pondok Indah, Jakarta Sclatan,=20 Indonesia.

5. =20 Sh. Arvind Jain, 23472, Moon = Shadews=20 Drive, Mali BU CA 90265, Los Angles, USA.

6. =20 Sh. M.S. Ahluwalia, V & = P.O. Nadala,=20 The. Bholath, Kapurthala.

7. =20 Sh. Pawan Kumar Sharma, Gali = NO. 6, Aerry=20 Mill Road, Mandi =20 Gobindgarh.

8. =20 Sh. Avtar Singh Walia, V & = P.O.=20 Nadala, The. Bholath, Kapurthala.

Section 62 read = with Section=20 628, 63 and 68 of the Companies Act, 1956. =20

Section = 209-A,

383-A,

73 & 113 of = the Companies=20 Act, 1956.

04-05-2002

09-11-2001

27-10-1997

-------

Carewell Hygiene = Products=20 Ltd., Hotel Sunbeam, Sector 22-B, Chandigarh.

1. =20 Sh. R.K. Nair, S-187, = Panchshila Park,=20 New Delhi.

2. =20 Sh. J.K. Khaitan, H.NO. 47, = Sector 4,=20 Chandigarh.

3. =20 Sh. Rajneesh Rametrra, H.No. = 231, Sector=20 21-A, Chandigarh.

4. =20 Dr. Mrs. P. Bhargava, H.No. = 761, Sector=20 8-B, Chandigarh.

5. =20 Mrs. Surinder Kaur, H.No. 231, = Sector=20 21-A, Chandigarh.

6. =20 Sh. Harpreet Singh Cheema, = H.No. 733,=20 Sectgor 8-B, Chandigarh.

Section 62 read = with Section=20 628, 63 and 68 of the Companies Act, 1956. =20

Section 146/147, = 209, 252=20 & 383-A , 159/220 = of the=20 Companies Act, 1956

04-05-2002

19-07-2002

30-03-2002

-------

Hallmark Drugs = &=20 Chemicals Ltd., H.NO. 433, Phase 3, B-1, Mohali.

1. =20 Dr. Krishan Kalayan, 304, = Prabhu Kunj,=20 Poddar Road, Mumbai-400026.

2. =20 Sh. C.S. Pani, =93Shri Sai = Krupa=94, 543,=20 12^th Cross/36^th Main, Sri Rajeshwari nagar,=20 Bangalore---39.

3. =20 Sh. Dinesh Menon, Aradhana = Gokuldham,=20 Goregaon (East), Mumbai=9763.

4. =20 Sh. Surinder Jirawala, 11, = Amijara=20 Society, Sabarmati, Ahmedabad.

5. =20 Mrs. Prema Swaminathan, B-605, = Vardhman=20 Appartment, Mayur Vihar, Phase 1, Delhi=9791.

6. =20 Sh. H.R. Swaminatha, B-605, = Vardhman=20 Appartments, Mayur Vihar, Phase 1, Delhi=9791.

7. =20 Sh. M.K. Dugar, B-515, Savita = Vihar, New=20 Delhi.

8. =20 Sh. Navneet Khurana, 1112, = Urban Estate,=20 Sector 13, Karnal=97132 001.

9. =20 Sh. Piyush Mahendra Goda, = 52/54,=20 Popatwadi, Kalbadevi =93Road, Mumbai.

Section 62 read = with Section=20 628, 63 and 68 of the Companies Act, 1956. =20

Section =

146/147

of the Companies Act,=20 1956

04-05-2002

29-04-2002

--------

Seema Industries = Limited(in=20 Liquidation with Official Liquidator, Chandigarh), Last Regd.=20 Office:

Mansa Road, = Bathinda=20 (Punjab).

1. =20 Sh. K.S. Dhillon, 44, Sector = 28-A,=20 Chandigarh.

2. =20 Sh. P.L. Goyal, Mandi Goluwala, = Distt.=20 Sriganganagar.

3. =20 Sh. A.K. Gupta, C-606, IFCI = Colony,=20 Paschim Vihar, New Delhi.

4. =20 Sh. R.C. Singal, B-23/750, = Street No. 5,=20 Janakpuri, Ludhiana.

5. =20 Sh. N.K. Guha, Dignatika F/5, A = H Block,=20 Sector 11, Salt Lake, Kolkata.

6. =20 Sh. S.D. Gandha, E-500, Greater = Kailash-II, New Delhi.

7. =20 Dr. K.M. Upadhyay Punjab = Agriculture,=20 University, Ludhiana.

8. =20 Sh. Sanjay Khar, Alternate = Director to=20 Sh. R.F. Brusten of Germany, =20

1143, Sector 8, Pocket-I, Vasant Kunj, New=20 Delhi.

9.. Sh. T,R. = Gjoyal,=20 515-B, =20 Aggar Nagar, Ludhiana.

Section 62 read = with Section=20 628, 63 and 68 of the Companies Act, 1956. =20

Section 159/220 of the Companies = Act,=20 1956

04-06-2002

14-11-2000

------

&n= bsp; &nb= sp; &nbs= p; = ; = &= nbsp; =20 =20 =20

<![endif]> =20 = =20

11. = REGISTRAR=20 OF COMPANIES,U.P.,UTTARANCHAL, KANPUR

=20 ------------------------------------------------------------------= -----

=20 Sl.No.|Name & regd. office =20 | Name & address of =20 | Date of

&n= bsp;=20 |of the company. |=20 Directors/Officers =20 | prosecution

&n= bsp;=20 | &n= bsp; =20 | in default. &n= bsp; =20 |

=20 ------------------------------------------------------------------= -----

=20 1. = Vidiani=20 Agro-tech =20 1.Sh.C.K. Tikku &n= bsp; =20 Filed on

&n= bsp; =20 Industries Ltd. =20 S/o.Late Shri S.K.Tikku =20 29.5.02

&n= bsp; =20 Vill- Gohari, &n= bsp; =20 B-44, Pushpanjali Vikas =20 in the

&n= bsp; =20 Teh. Chhatta, &n= bsp; =20 Marg Extension, New Dehi. = court of

&n= bsp; =20 Distt. Mathura. =20 Pin Code - 110 092. = Spl.=20 CJM.,

&n= bsp; &nb= sp; &nbs= p; = ; = =20 Agra.

&n= bsp; &nb= sp; &nbs= p; =20 2.Maj. D.C. Misra (Retd.),

&n= bsp; &nb= sp; =20 <= /SPAN>S/o.Late=20 Sh. D.D. Misra &n= bsp; =20

&n= bsp; &nb= sp; &nbs= p; =20 140, Wheeler, Bangalore. &n= bsp; =20

&n= bsp; &nb= sp; &nbs= p; = ; = &= nbsp; &n= bsp; =20

&n= bsp; &nb= sp; =20 = 3.Sh.Dinesh=20 V. Chaturvedi

&n= bsp; &nb= sp; &nbs= p; =20 S/o Sh. V.D. Chaturvedi &n= bsp; =20

&n= bsp; &nb= sp; &nbs= p; =20 C-706, Milton Apartment, &n= bsp; =20

&n= bsp; &nb= sp; &nbs= p; =20 Juhu Tara Road, &n= bsp; &nb= sp; =20

&n= bsp; &nb= sp; &nbs= p; =20 Santacruz (W), Mumbai. &n= bsp; =20

&n= bsp; &nb= sp; &nbs= p; = ; = &= nbsp; &n= bsp; =20

&n= bsp; &nb= sp; &nbs= p; =20 4.Sh.Vimal K. Chaturvedi,

&n= bsp; &nb= sp; &nbs= p; =20 S/o Shri K.N. Chaturvedi &n= bsp; =20

&n= bsp; &nb= sp; &nbs= p; =20 608, Vishal Bhawan, &n= bsp; =20

&n= bsp; &nb= sp; &nbs= p; =20 95, Nehru Place, New Delhi.

=20 &= nbsp; &n= bsp; &nb= sp; &nbs= p; = ; = =

&n= bsp; &nb= sp; &nbs= p; =20 5.Sh.Mangal Singh,

&n= bsp; &nb= sp; &nbs= p; =20 S/o.Shri Sangram Singh &n= bsp; =20

&n= bsp; &nb= sp; =20 <= /SPAN>78=20 E, Venus Apartments, &n= bsp; =20

&n= bsp; &nb= sp; &nbs= p; =20 Worli Sea Face, &n= bsp; &nb= sp; =20

&n= bsp; &nb= sp; &nbs= p; =20 Mumbai - 400 018. &n= bsp; &nb= sp;=20

&n= bsp; &nb= sp; =20 &= nbsp; &n= bsp; &nb= sp; &nbs= p;

&n= bsp; &nb= sp; &nbs= p; =20 6.Dr.J.H. Sanghavi, &n= bsp; &nb= sp; =20

&n= bsp; &nb= sp; &nbs= p; =20 S/o Shri J.H.L. Sanghavi &n= bsp; =20

&n= bsp; &nb= sp; =20 <= /SPAN>650,=20 Rath Mansion &n= bsp; &nb= sp;=20

&n= bsp; &nb= sp; &nbs= p; =20 Veer Sarvarkar Marg, &n= bsp; =20

&n= bsp; &nb= sp; &nbs= p; =20 Mumbai - 400028. &n= bsp; &nb= sp; =20

&n= bsp; &nb= sp; =20 &= nbsp; &n= bsp; &nb= sp; &nbs= p;

&n= bsp; &nb= sp; &nbs= p; =20 7.Sh. A.K. Maheshwary

&n= bsp; &nb= sp; &nbs= p; =20 Late Shri H.L. Maheswary &n= bsp; =20

&n= bsp; &nb= sp; &nbs= p; =20 121, Maker Chamber V, &n= bsp; =20

&n= bsp; &nb= sp; &nbs= p; =20 Nariman Point, Mumbai. &n= bsp; =20

&n= bsp; &nb= sp; &nbs= p; = ; = &= nbsp; &n= bsp; =20

= 2. Rizvi = Exports=20 Ltd. 1.Shri = S.M.A=20 Rizvi, Filed=20 on

&n= bsp; =20 14/145, Commerce =20 S/o.S.M.I.Rizvi, &n= bsp;=20 02.5.02

&n= bsp; =20 Centre, The Mall, = 117/388,=20 L-Block, =20 in the

&n= bsp; =20 Kanpur-208 001. =20 Navin Nagar, Kakadeo, =20 court of

=20 &= nbsp; &n= bsp; Kanpur. &n= bsp; =20 Spl. CJM.,

&n= bsp; &nb= sp; &nbs= p; = ; = =20 Kanpur.

&n= bsp; &nb= sp; =20 2.Shri Sanjay Rizvi, &n= bsp; &nb= sp; =20

&n= bsp; &nb= sp; =20 = S/o=20 Mr.S.M.A. Rizvi, &n= bsp; &nb= sp; =20

&n= bsp; &nb= sp; &nbs= p; =20 117/388, L-Block, &n= bsp; &nb= sp; =20

&n= bsp; &nb= sp; &nbs= p; =20 Navin Nagar = Kakadeo, &n= bsp; &nb= sp; =20

&n= bsp; =20 &= nbsp; Kanpur. &n= bsp; &nb= sp; &nbs= p; =20

&n= bsp; &nb= sp; &nbs= p; = ; = &= nbsp; &n= bsp;=20

&n= bsp; &nb= sp; =20 3.Shri Ilyas Rizvi, &n= bsp; &nb= sp; =20

&n= bsp; =20 &= nbsp; S= /o=20 Mr.S.M.A. Rizvi, &n= bsp; &nb= sp; =20

&n= bsp; &nb= sp; &nbs= p; =20 117/ 338 L-Block, &n= bsp; &nb= sp; =20

&n= bsp; &nb= sp; &nbs= p; =20 Navin Nagar, = Kakadeo, &n= bsp; &nb= sp; =20

=20 &= nbsp; &n= bsp; Kanpur. &n= bsp; &nb= sp; &nbs= p; =20

&n= bsp; &nb= sp; &nbs= p; = ; = &= nbsp; &n= bsp;=20

&n= bsp; &nb= sp; =20 4.Shri Kaji Jalil Abbasi, &n= bsp; &nb= sp;=20

=20 &= nbsp; &n= bsp; S/o.Late=20 K.A.Abbasi, &n= bsp; &nb= sp; =20

&n= bsp; &nb= sp; &nbs= p; =20 P.O.Bayara, &n= bsp; &nb= sp; &nbs= p;=20

&n= bsp; &nb= sp; &nbs= p; =20 Distt.Sidharth Nagar. &n= bsp; &nb= sp; =20

&n= bsp; &nb= sp; &nbs= p; = ; = &= nbsp; &n= bsp;=20

&n= bsp; &nb= sp; =20 5.Shri N.Raja Shekar, &n= bsp; &nb= sp; =20

&n= bsp; &nb= sp; &nbs= p; =20 R/o. Sector-15, &n= bsp; &nb= sp; =20

&n= bsp; &nb= sp; &nbs= p; =20 Noida (UP). &n= bsp; &nb= sp; &nbs= p;=20

&n= bsp; &nb= sp; &nbs= p; = ; = &= nbsp; &n= bsp;=20

&n= bsp; &nb= sp; =20 6.Shri Kulwant Singh, &n= bsp; =20

&n= bsp; &nb= sp; &nbs= p; =20 S/o S.Sundar Singh, &n= bsp; &nb= sp; =20

&n= bsp; &nb= sp; &nbs= p; =20 5-D, Sagar Apartments, &n= bsp; &nb= sp; =20