| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
A.Y.DEGANI
|
|
|
|
TRIDENT STEELS LTD.
|
|
HOLDINGS OF PROMOTERS HAD ALREADY BEEN PLEDGED TO A BANK FOR RAISING CREDIT LIMITS
DID NOT DISCLOSE IN PROSPECTUS PRINCIPAL TERMS OF LOAN AND ASSETS CHARGED AS SECURITY
MIS-STATEMENTS IN THE PROSPECTUS
DID NOT TRANSFER SHARES LODGED FOR TRANSFER
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 31-MAR-2004 TO 30-MAR-2009
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 31-MAR-2004 TO 30-MAR-2009
31-MAR-2004
|
|
| 2 |
|
|
AJAY JANARDAN KOTWAL
|
|
|
|
SUNCHAN SECURITIES LTD.
PAN:AAFCS8953A
(Depository Participants : CDSL,Member : BSE/NSE/OTC)
|
|
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
FAILED TO DELIVER SHARES TO CLIENTS
DID NOT MAKE PAYMENT TO CLIENTS
DEFAULTED IN MAINTENANCE OF BOOKS/DOCUMENTS
DID NOT REDRESS INVESTOR COMPLAINTS
DID NOT PRODUCE BOOKS OF ACCOUNTS TO SEBI FOR INSPECTION
SUBMITTED WRONG INFORMATION TO SEBI
DID NOT EXERCISE DUE CARE AND DILIGENCE IN CONDUCT OF ITS BUSINESS AS A BROKER
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 30-JAN-2009 TILL FURTHER ORDERS
DIRECTED DEPOSITORIES NOT TO GIVE EFFECT TO ANY TRANSFER OF SHARES
DIRECTED BSE, NSE, OTCEI AND THEIR CLEARING HOUSES NOT TO RELEASE FUNDS OR SECURITIES
DIRECTED BSE, NSE, OTCEI AND THEIR CLEARING HOUSES TO SECURE ALL ASSETS INCLUDING REALIZATION OF BANK GUARANTEES
30-JAN-2009
|
AD-INTERIM EX-PARTE ORDER DATED 30/01/2009 REVOKED
SEBI VIDE ITS ORDER DATED 23/04/2014 1.RESTRAINED SUNCHAN SECURITIES LTD.(SUNCHAN) AND ITS DIRECTORS MR.SUNIL MANSINGHANI, MS.KANCHAN MANSINGHANI, MR.ASHOK DASWANI, MR.SURENDRA GAMA YADAV AND COMPLIANCE OFFICER MR.RIYAZ ISMAIL SHAIKH FROM BUYING, SELLING OR DEALING IN SECURITIES MARKET IN ANY MANNER WHATSOEVER OR ACCESSING SECURITIES MARKET DIRECTLY OR INDIRECTLY FOR A PERIOD OF SEVEN YEARS 2.RESTRAINED ALL ITS DIRECTORS AND COMPLIANCE OFFICER FROM HOLDING POSITION OF DIRECTOR OR COMPLIANCE OFFICER IN ANY LISTED COMPANY OR BEING ASSOCIATED WITH ANY INTERMEDIARY OR ENTITY REGISTERED WITH SEBI FOR A PERIOD OF SEVEN YEARS 3.DIRECTED SUNCHAN AND ITS DIRECTORS AND COMPLIANCE OFFICER TO REPLENISH INVESTOR PROTECTION FUND (IPF) OF BSE TO THE EXTENT OF RS.1,86,93,149.00 AND IPF OF NSE TO THE EXTENT OF RS.2,58,32,823.72, I.E. AMOUNT DISBURSED FROM IPF TOWARDS CLAIMS OF INVESTORS OF SUNCHAN AS A STOCK BROKER 5.DIRECTED SUNCHAN AND ITS DIRECTORS TO COMPENSATE INVESTORS TO THE EXTENT THEIR CLAIMS WERE NOT FULLY MET OUT OF IPF OF RS.5,30,96,338.27 (RS.1,68,47,272.87 + RS.3,62,49,065.40) I.E. THE CLAIM ADMITTED LESS AMOUNT DISBURSED OUT OF IPF. SUNCHAN AND ITS DIRECTORS ARE JOINTLY AND SEVERALLY LIABLE TO MAKE THE PAYMENTS
|
| 3 |
|
|
AJAY RAMESHWAR AGARWAL
|
|
|
|
TRIDENT STEELS LTD.
|
|
HOLDINGS OF PROMOTERS HAD ALREADY BEEN PLEDGED TO A BANK FOR RAISING CREDIT LIMITS
DID NOT DISCLOSE IN PROSPECTUS PRINCIPAL TERMS OF LOAN AND ASSETS CHARGED AS SECURITY
MIS-STATEMENTS IN THE PROSPECTUS
DID NOT TRANSFER SHARES LODGED FOR TRANSFER
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 31-MAR-2004 TO 30-MAR-2009
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 31-MAR-2004 TO 30-MAR-2009
31-MAR-2004
|
SAT: SET ASIDE SEBI ORDER DATED 31/03/2004 VIDE ITS ORDER DATED 28/04/2004. SET ASIDE SAT ORDER DATED 28/10/2004 AND UPHELD SEBI ORDER DATED 31/03/2004, VIDE ITS ORDER DATED 25/02/2010 AND DIRECTED AJAY AGARWAL TO BE RESTRAINED FROM ASSOCIATING WITH ANY CORPORATE BODY IN ACCESSING SECURITIES MARKET AND ALSO PROHIBITED FROM BUYING, SELLING OR DEALING IN SECURITIES FOR A BALANCE PERIOD OF FOUR YEARS AND SIX MONTHS FROM DATE OF ORDER 25/02/2010, AS AJAY AGARWAL HAS ALREADY SUFFERED DEBARMENT FOR ALMOST SIX MONTHS
|
| 4 |
|
|
AMAL KUMAR BHATTACHARYA
(PAN:ACVPB8943Q)
|
|
|
|
VARUN SHIPPING CO.LTD.
|
|
FAILED TO DELIVER SHARES TO CLIENTS
FAILED TO PAY DIVIDENDS TO SHAREHOLDERS
|
DIRECTED TO RESOLVE ALL PENDING COMPLAINTS
24-APR-2015
|
SEBI VIDE ITS ORDER DATED 11/06/2015 REVOKED ITS DIRECTIONS ISSUED VIDE ITS ORDER DATED 24/06/2015
|
| 5 |
|
|
AMIDHAR MAJUMDAR
|
|
|
|
MANNA GLASS-TECH INDUSTRIES LTD.
|
|
DID NOT TRANSFER SHARE CERTIFICATES WITHIN STIPULATED TIME
DID NOT REDRESS INVESTOR COMPLAINTS
|
LAUNCHED CRIMINAL PROSECUTION
03-APR-2001
|
|
| 6 |
|
|
ANIL SHARMA
|
|
|
|
TRIDENT STEELS LTD.
|
|
HOLDINGS OF PROMOTERS HAD ALREADY BEEN PLEDGED TO A BANK FOR RAISING CREDIT LIMITS
DID NOT DISCLOSE IN PROSPECTUS PRINCIPAL TERMS OF LOAN AND ASSETS CHARGED AS SECURITY
MIS-STATEMENTS IN THE PROSPECTUS
DID NOT TRANSFER SHARES LODGED FOR TRANSFER
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 21-APR-2004 TO 20-APR-2009
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 21-APR-2004 TO 20-APR-2009
31-MAR-2004
|
|
| 7 |
|
|
ARMIN FALI PARDIWALA
(PAN:AGTPP6107E)
|
|
|
|
VARUN SHIPPING CO.LTD.
|
|
FAILED TO DELIVER SHARES TO CLIENTS
FAILED TO PAY DIVIDENDS TO SHAREHOLDERS
|
DIRECTED TO RESOLVE ALL PENDING COMPLAINTS
24-APR-2015
|
SEBI VIDE ITS ORDER DATED 11/06/2015 REVOKED ITS DIRECTIONS ISSUED VIDE ITS ORDER DATED 24/06/2015
|
| 8 |
|
|
ASHOK KUMAR AGRAWAL
|
|
|
|
ASHOKA REFINERIES LTD.
|
|
ALLEGED DELAY IN TRANSFER OF SHARES OF ASHOKA REFINERIES LTD.
ALLEGED INDULGENCE IN PRICE RIGGING IN SCRIP OF ASHOKA REFINERIES LTD.
|
REACHED SETTLEMENT (CONSENT ORDER) (AGREED VOLUNTARILY NOT TO BUY/SELL/ DEAL IN SECURITIES/ SPECIFIED SCRIPS DIRECTLY/INDIRECTLY) FROM 22-JUL-2009 TO 21-JUL-2011
22-JUL-2009
|
|
| 9 |
|
|
ASHOK RAMESHWAR AGARWAL
|
|
|
|
TRIDENT STEELS LTD.
|
|
HOLDINGS OF PROMOTERS HAD ALREADY BEEN PLEDGED TO A BANK FOR RAISING CREDIT LIMITS
DID NOT DISCLOSE IN PROSPECTUS PRINCIPAL TERMS OF LOAN AND ASSETS CHARGED AS SECURITY
MIS-STATEMENTS IN THE PROSPECTUS
DID NOT TRANSFER SHARES LODGED FOR TRANSFER
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 31-MAR-2004 TO 30-MAR-2009
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 31-MAR-2004 TO 30-MAR-2009
31-MAR-2004
|
|
| 10 |
|
|
ATUL RATILAL SHAH
|
|
|
DELIVERED FAKE/FORGED SHARES
CONTRAVENED PROVISIONS OF REGULATION 3 AND 6(C) OF SEBI (PFUTP) IN THE SCRIP OF GUJARAT TEXSPIN LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 27-AUG-2007 TO 26-AUG-2012
27-AUG-2007
|
|
| 11 |
|
|
B.S.DHOLAKIA
|
|
|
|
GUJARAT DEHYD FOODS LTD.
|
|
DID NOT TRANSFER SHARE CERTIFICATES WITHIN STIPULATED TIME
FAILED TO PAY DIVIDENDS TO SHAREHOLDERS
DID NOT REDRESS INVESTOR COMPLAINTS
|
LAUNCHED CRIMINAL PROSECUTION
27-SEP-2001
|
|
| 12 |
|
|
BANI DAS
|
|
|
|
DAS CO.
(Sub-Broker of VCK SHARE & STOCK BROKING SERVICES LTD., Member : NSE)
|
|
INVOLVED IN FRAUDULENT ACTIVITIES TO INDUCE INVESTORS TO INVEST MONEY
DEALT IN CASH WITH CLIENTS
COMMITTED IRREGULARITIES PERTAINING TO CLIENTS SECURITIES
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
|
PROHIBITED FROM RAISING MONEY FROM PUBLIC FROM 20-FEB-2007 TILL FURTHER ORDERS
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 20-FEB-2007 TILL FURTHER ORDERS
20-FEB-2007
|
DIRECTIONS IMPOSED VIDE AD-INTERIM EX-PARTE ORDER DATED 20/02/2007 RESTRAINING FROM BUYING, SELLING OR DEALING IN SECURITIES MARKET IN ANY MANNER, DIRECTLY OR INDIRECTLY, VACATED
DIRECTED NOT TO ACCEPT MONEY FROM INVESTORS UNDER MONTHLY INCOME SCHEME OR BY WAY OF ANY OTHER SIMILAR SCHEMES IN CONTRAVENTION OF REGULATIONS FRAMED UNDER SEBI ACT, 1992
|
| 13 |
|
|
BHARAT N.VAISHNAWA
|
|
|
|
TRIDENT STEELS LTD.
|
|
HOLDINGS OF PROMOTERS HAD ALREADY BEEN PLEDGED TO A BANK FOR RAISING CREDIT LIMITS
DID NOT DISCLOSE IN PROSPECTUS PRINCIPAL TERMS OF LOAN AND ASSETS CHARGED AS SECURITY
MIS-STATEMENTS IN THE PROSPECTUS
DID NOT TRANSFER SHARES LODGED FOR TRANSFER
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 31-MAR-2004 TO 30-MAR-2009
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 31-MAR-2004 TO 30-MAR-2009
31-MAR-2004
|
|
| 14 |
|
|
BIVA RANI DAS
|
|
|
|
DAS CO.
(Sub-Broker of VCK SHARE & STOCK BROKING SERVICES LTD., Member : NSE)
|
|
INVOLVED IN FRAUDULENT ACTIVITIES TO INDUCE INVESTORS TO INVEST MONEY
DEALT IN CASH WITH CLIENTS
COMMITTED IRREGULARITIES PERTAINING TO CLIENTS SECURITIES
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
|
PROHIBITED FROM RAISING MONEY FROM PUBLIC FROM 20-FEB-2007 TILL FURTHER ORDERS
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 20-FEB-2007 TILL FURTHER ORDERS
20-FEB-2007
|
DIRECTIONS IMPOSED VIDE AD-INTERIM EX-PARTE ORDER DATED 20/02/2007 RESTRAINING FROM BUYING, SELLING OR DEALING IN SECURITIES MARKET IN ANY MANNER, DIRECTLY OR INDIRECTLY, VACATED
DIRECTED NOT TO ACCEPT MONEY FROM INVESTORS UNDER MONTHLY INCOME SCHEME OR BY WAY OF ANY OTHER SIMILAR SCHEMES IN CONTRAVENTION OF REGULATIONS FRAMED UNDER SEBI ACT, 1992
|
| 15 |
|
|
DIPTIBEN SHAH
|
|
|
|
GUJARAT FUN N WATER PARK LTD.
|
|
DID NOT TRANSFER SHARE CERTIFICATES WITHIN STIPULATED TIME
FAILED TO PAY DIVIDENDS TO SHAREHOLDERS
DID NOT REDRESS INVESTOR COMPLAINTS
|
LAUNCHED CRIMINAL PROSECUTION
27-SEP-2001
|
|
| 16 |
|
|
GAJENDRA NAGPAL
(PAN:AADPN5511A)
|
|
|
|
UNICON SECURITIES PVT.LTD.
CIN:U74899DL1995PTC064554
PAN:AAPFS5325P
(Depository Participants : CDSL,Member : BSE/NSE/MCX/USEIL)
|
|
MISUSED CLIENTS' FUNDS AND/OR SECURITIES AND/OR ACCOUNTS
FRAUDULENTLY TRANSFERRED CLIENTS’ SECURITIES TO GROUP ENTITIES
DID NOT MAINTAIN SEGREGATION BETWEEN CLIENT FUNDS AND OWN FUNDS
DIVERTED FUNDS FOR UTILIZATION BY ITSELF AND ITS GROUP COMPANIES/ASSOCIATE COMPANIES
EXTENDED MARGIN TRADING FACILITY TO ITS CLIENTS WITHOUT OBTAINING REQUISITE APPROVAL FROM STOCK EXCHANGES
DID NOT CARRY OUT ACTUAL PERIODIC SETTLEMENT OF FUNDS AND SECURITIES OF ITS CLIENTS
DID NOT ENSURE DELIVERY OF SECURITIES AND MAKING PAYMENT OF AMOUNTS DUE TO ITS CLIENTS
DID NOT PROVIDE STATEMENTS OF ACCOUNTS IN RESPECT OF FUNDS OF ITS CLIENTS
DID NOT PROVIDE PERIODIC STATEMENT OF TRANSACTIONS IN SECURITIES AND RESULTANT SHAREHOLDING TO THE BENEFICIAL OWNERS OF SUCH SECURITIES
DID NOT HAVE PERIODIC INTERNAL AUDIT CONDUCTED OF ITS STOCK BROKING AND DEPOSITORY PARTICIPANT OPERATIONS
DID NOT OBTAIN PRIOR APPROVAL FROM SEBI FOR THE CHANGE IN MANAGEMENT AND CONTROL
DID NOT MAKE PAYMENTS TO CLIENTS IN TIME
DID NOT REDRESS INVESTOR COMPLAINTS IN STIPULATED TIME
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 26-MAY-2014 TO 25-MAY-2024
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 26-MAY-2014 TO 25-MAY-2024
15-MAR-2016
|
SAT: SAT VIDE ITS ORDER DATED 02/05/2018 PERMITTED APPEALLANTS TO WITHDRAW THE APPEAL. DIRECTED A) APPELLANTS TO ADDRESS A LETTER ON OR BEFORE 09/05/2018 TO SEBI SETTING OUT IN DETAIL COPIES OF THE DOCUMENTS THAT THEY NEED FOR THESE APPEALS B) SEBI TO FURNISH TO APPELLANTS COPIES OF THE DOCUMENTS SO DEMANDER ON OR BEFORE 30/05/2018 SO.NO COSTS
SAT: SAT VIDE ITS ORDER DATED 26/04/2021 DISMISSED THE APPEAL
|
| 17 |
|
|
GIRISH D.SHAH
|
|
|
|
MANNA GLASS-TECH INDUSTRIES LTD.
|
|
DID NOT TRANSFER SHARE CERTIFICATES WITHIN STIPULATED TIME
DID NOT REDRESS INVESTOR COMPLAINTS
|
LAUNCHED CRIMINAL PROSECUTION
03-APR-2001
|
|
| 18 |
|
|
GIRISH SHAH
|
|
|
|
GUJARAT FUN N WATER PARK LTD.
|
|
DID NOT TRANSFER SHARE CERTIFICATES WITHIN STIPULATED TIME
FAILED TO PAY DIVIDENDS TO SHAREHOLDERS
DID NOT REDRESS INVESTOR COMPLAINTS
|
LAUNCHED CRIMINAL PROSECUTION
27-SEP-2001
|
|
| 19 |
|
|
H.S.MARU
|
|
|
|
GUJARAT DEHYD FOODS LTD.
|
|
DID NOT TRANSFER SHARE CERTIFICATES WITHIN STIPULATED TIME
FAILED TO PAY DIVIDENDS TO SHAREHOLDERS
DID NOT REDRESS INVESTOR COMPLAINTS
|
LAUNCHED CRIMINAL PROSECUTION
27-SEP-2001
|
|
| 20 |
|
|
HANSA J.SHUKLA
|
|
|
|
OJAS TECHNOCHEM PRODUCTS LTD.
|
|
DID NOT TRANSFER SHARE CERTIFICATES WITHIN STIPULATED TIME
DID NOT REDRESS INVESTOR COMPLAINTS
|
LAUNCHED CRIMINAL PROSECUTION
03-APR-2001
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
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| Page 1 of 4
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