PRESS RELEASE - SEBI

June 24, 2011
PR No. 095/2011


Consent order on the applications submitted by ATN International Limited, Santosh Kumar Jain, Arihant Jain, Kishan Kumar Khadar A, Santosh Kumar Lahoti and Silicon Valley Infotech Limited in the matter of 

ATN International Limited

A Panel consisting of Whole Time Members, SEBI, Dr. K. M. Abraham and Shri Prashant Saran has passed a consent order dated June 20, 2011, on the applications submitted by ATN International Limited, Santosh Kumar Jain, Arihant Jain, Kishan Kumar Khadaria, Santosh Kumar Lahoti and Silicon Valley Infotech Limited in the matter of ATN International Limited, in accordance with SEBI Circular dated April 20, 2007 for consent orders.
 
The applicants have remitted a consolidated sum of ` 28,00,000/- (Rupees Twenty Eight Lakh Only). Two of the applicants, viz., ATN International Limited and Shri Santosh Kumar Jain have opted for voluntary debarment from buying, selling or otherwise accessing the securities market for a period of 2 (two) years from the date of the order. Further, one applicant, viz., Silicon Valley Infotech Limited has opted for voluntary debarment from buying, selling or otherwise accessing the securities market for a period of 1 (one) year from the date of the order.
 
  
Mumbai

June 24, 2011

For full copy of order against ARIHANT JAIN, click here.

For full copy of order against ATN INTERNATIONAL LTD., click here.

For full copy of order against KISHAN KUMAR KHADARIA, click here.

For full copy of order against SANTOSH KUMAR JAIN, click here.

For full copy of order against SANTOSH KUMAR LAHOTI, click here.

For full copy of order against SILICON VALLEY INFOTECH LTD., click here.