| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 341 |
|
PACE FOREST INDIA LTD.
|
|
|
|
ASHISH GUPTA
|
|
|
INDRA RAINA
|
|
|
RADHA GUPTA
|
|
|
SAILESH KUMAR GUPTA
|
|
|
SANJAY KUMAR GUPTA
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
02-JUL-2001
|
ACCUSED MOBILIZED RS.4.40 LAKH. ALL ACCUSED FOUND GUILTY AND SENTENCED TO FINE OF RS.25,000 EACH AND ON DEFAULT SIMPLE IMPRISONMENT FOR THREE MONTHS
|
| 342 |
|
|
PACHAMALA ESTATES & PLANTATIONS PVT.LTD.
|
|
|
|
GEORGE CYRIAC
|
|
|
K.K.SIMON
|
|
|
NEERACKAL MATHEW JOSEPH
|
|
|
THOMAS KURUVILLA
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
02-JUL-2001
|
|
| 343 |
|
|
PAGODA FORESTS LTD.
(PAN:AABCP6223A)
|
|
|
|
AMJAD LATIF SABUWALA
|
|
|
B.K.GUPTA
|
|
|
DIGAMBAR V.DALI
|
|
|
HEMANT KUMAR MAHALE
|
|
|
JAYPAL BALBIR SINGH
|
|
|
MOOSA B.MAGDUM
|
|
|
P.B.GUPTA
|
|
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REJECTED APPLICATION FOR REGISTRATION OF CIS
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
REFERRED TO POLICE AUTHORITIES TO FILE FIR
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
LAUNCHED PROSECUTION AGAINST THE ENTITY AND ITS DIRECTORS U/S 24 AND 27 OF THE SEBI ACT
13-FEB-2002
|
SEBI VIDE ITS NOTICE DATED 30/12/2015 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED
SEBI VIDE ITS ORDER DATED 03/03/2022 DIRECTED ALL THE BANKS TO REMIT RS.22,08,01.00 TO THE EXTENT LYING IN THE ACCOUNT OF PAGODA FORESTS LTD., MR.AMJAD LATIF SABUWALA, MR.B.K.GUPTA, MR.DIGAMBAR V.DALI, MR.HEMANT KUMAR MAHALE, MR.JAYPAL BALBIR SINGH, MR.MOOSA B.MAGDUM & MR.P.B.GUPTA BY WAY OF EFT/NEFT/RTGS
|
| 344 |
|
|
PALLAVI FORESTRY LTD.
|
|
|
|
ASHOK KUMAR SINGH
|
|
|
DINESH PRATAP SINGH
|
|
|
INDRAMANI
|
|
|
MALA SINGH
|
|
|
PARAKRAM SINGH
|
|
|
SANJU SINGH
|
|
|
SHILESH PRATAP SINGH
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
02-JUL-2001
|
THE COURT CONVICTED ACCUSED NO.1 I.E. COMPANY,A2,A3 AND A4 AND SENTENCED TO PAY A FINE OF RS.50000 EACH ON ACCUSED IN DEFAULT 3 MONTHS SIMPLE IMPRISONMENT THE COURT ACQUITTED ACCUSED NO.5,6,7 AND 8
|
| 345 |
|
|
PAN INDIA FOREST & LAND DEVELOPMENT LTD.
|
|
|
|
JAYENDRASINH PADMASINH RATHOD
|
|
|
KANUBHAI F.PATEL
|
|
|
SAURABH C.CHOKSI
|
|
|
VIRENDRA H.SONI
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
LAUNCHED PROSECUTION AGAINST THE ENTITY AND ITS DIRECTORS U/S 24 AND 27 OF THE SEBI ACT
02-JUL-2001
|
|
| 346 |
|
|
PANACEA FOREST (INDIA) LTD.
|
|
|
|
BIMLA DEVI
|
|
|
DHARAM SHEELA SINHA
|
|
|
NEERAJ KUMAR PODDAR
|
|
|
PANKAJ KUMAR PATEL
|
|
|
PANKAJ KUMAR PODDAR
|
|
|
PAWAN KUMAR
|
|
|
SANJEEV KUMAR SINHA
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
02-JUL-2001
|
ACCUSED MOBILIZED RS.5.2 LAKH. ALL ACCUSED CONVICTED AND SENTENCED FINE. A-1, 2 AND 3 SENTENCED TO FINE OF RS.5000 EACH AND ON DEFAULT SIMPLE IMPRISONMENT FOR 3 MONTHS TO A-2 AND A-3. A-4, 5, 6, 7 AND 8 SENTENCED TO FINE OF RS.2000 EACH AND ON DEFAULT SIMPLE IMPRISONMENT FOR 1 MONTH
|
| 347 |
|
|
PANCHSHEEL AGRO FORESTS LTD.
|
|
|
|
ASHA SHARMA
|
|
|
DEV SHARMA
|
|
|
RAJA BABU
|
|
|
VIMAL MEHRA
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
02-JUL-2001
|
ACCUSED MOBILIZED RS.10.6 LAKH, ALL ACCUSED CONVICTED AND SENTENCED TO FINE OF RS.5,000 ON EACH ACCUSED AND ON DEFAULT SIMPLE IMPRISONMENT FOR THREE MONTHS
|
| 348 |
|
|
PAPPU GREEN FIELDS PVT.LTD.
|
|
|
|
K.VENKATARAMAN
|
|
|
P.N.SUNDARESAN
|
|
|
R.BALASUBRAMANIAN
|
|
|
T.R.VENKATESH
|
|
|
V.V.RAVICHANDRAN
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
02-JUL-2001
|
|
| 349 |
|
|
PARAGMOUNT FORESTS (I) LTD.
|
|
|
|
AKASH DEEP SHARMA
|
|
|
ASHA KAKKAR
|
|
|
BALBIR ARORA
|
|
|
JAWAHAR SINGH
|
|
|
KRISHNA DEVI SHARMA
|
|
|
MOHINDER KAUR
|
|
|
TRILOCHAN SINGH CHANDHOK
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
LAUNCHED PROSECUTION AGAINST THE ENTITY AND ITS DIRECTORS U/S 24 AND 27 OF THE SEBI ACT
02-JUL-2001
|
ALL ACCUSED DECLARED AS PROCLAIMED OFFENDERS AND KEPT IN DORMANT FILE
|
| 350 |
|
|
PARAKEET GREEN FORESTS LTD.
|
|
|
|
BALWAN KUMAR SOOD
|
|
|
BHAGWAN SINGH CHEEMA
|
|
|
BHUPINDER KUMAR
|
|
|
KULWANT SINGH
|
|
|
N.N.SHARMA
|
|
|
NAGINDER NATH SHARMA
|
|
|
PUSHAP RAJ SHARMA
|
|
|
RANJIT SINGH
|
|
|
VIJAY KUMAR
|
|
|
YASHODA DEVI
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
LAUNCHED PROSECUTION AGAINST THE ENTITY AND ITS DIRECTORS U/S 24 AND 27 OF THE SEBI ACT
02-JUL-2001
|
THE COURT CONVICTED ACCUSED NO.1 COMPANY AND 4, 8 AND 9 AND AWARDED SENTENCE OF RIGOROUS IMPRISONMENT FOR 6 MONTHS TO ACCUSED 4,8 & 9 AND A FINE OF RS.3 LACS EACH. IN CASE OF DEFAULT, ACCUSED 4, 8 & 9 SHALL UNDERGO SIMPLE IMPRISONMENT FOR 3 MONTHS. FURTHER, ACCUSED NO. 1 COMPANY IS BURDENED WITH RS.5 LACS FINE. THE LD. COURT ALSO DIRECTED THAT THE FINE AMOUNT REALISED SHALL BE UTILIZED TO COMPENSATE THE INVESTORS PROPORTIONATELY U/S 357 OF CR.P.C.ACCUSED NOS 2,3 AND 5 WERE DECLARED AS PROCLAIMED OFFENDERS THE COURT ACQUITTED ACCUSED NO.6 AND 7 FROM ALL THE CHARGES
|
| 351 |
|
|
PARAMOUNT FORESTS (INDIA) LTD.
|
|
|
|
ASHOK KUMAR
|
|
|
AVTAR SINGH
|
|
|
D.K.GUPTA
|
|
|
G.S.DHILLON
|
|
|
GANGA PRASAD TIWARI
|
|
|
MUKESH KUMAR
|
|
|
R.BALI
|
|
|
SARITA BALI
|
|
|
VIRINDER KUMAR
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
02-JUL-2001
|
ACCUSED MOBILIZED RS.20 LAKH. ACCUSED NO.2 ACQUITTED AND ACCUSED NO.3 STANDS CONVICTED
|
| 352 |
|
|
PARASNATH PLANTATION & RESORTS INDIA LTD.
|
|
|
|
ANWAR AHMED KHAN
|
|
|
ASHOK TANSUKHLAL MERCHANT
|
|
|
KOKILA YOGESH SHAH
|
|
|
MARIA LUCY REGO
|
|
|
MAYANK BACHUBHAI GORDHANDAS
|
|
|
SHEELA CELINA RODRIGUES
|
|
|
YOGESH RAMNIKLAL SHAH
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
02-JUL-2001
|
|
| 353 |
|
|
PARVARISH PLANTATIONS LTD.
|
|
|
|
AMIT SAH
|
|
|
KAMLA KANT AWASTHI
|
|
|
KAMLA PANDEY
|
|
|
KRISHNA KANT AWASTHI
|
|
|
KRISHNA KUMAR SHUKLA
|
|
|
VIJAY LAXMI SHUKLA
|
|
|
VISHNUKANTI
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
02-JUL-2001
|
ACCUSED MOBILIZED RS.2.2 LAKH. ACCUSED NO.2 PLEADED GUILTY AND FINED RS.5,000.
ACCUSED NO.3 AND 4 DECLARED AS PROCLAIMED OFFENDERS AND KEPT IN DORMANT FILE
|
| 354 |
|
|
PENACIA PLANTATION LTD.
|
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
02-JUL-2001
|
|
| 355 |
|
|
PEPKAR FORESTS INDIA LTD.
|
|
|
|
KIRAN WARNWAL
|
|
|
MUDRIKA SINGH YADAV
|
|
|
PRITAM SINGH
|
|
|
SHYAM LATA
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
02-JUL-2001
|
THE COURT CONVICTED ACCUSED NO.1 COMPANY AND 3 AND SENTENCED TO PAY A FINE OF RS.200000 ON ACCUSED NO.1 AND 50000 UPON ACCUSED NO.3 IN DEFAULT, THE ACCUSED NO.3, SHALL UNDERGO 3 MONTHS SIMPLE IMPRISONMENT THE ACCUSED NO.2,4 AND 5 WERE DECLARED AS PROCLAIMED OFFENDERS
|
| 356 |
|
|
PERFECT GREENLAND AGRO DEVELOPERS INDIA LTD.
|
|
|
|
ALOK SHUKLA
|
|
|
FIRQUL AZAM
|
|
|
KANHAIYA LAL MEHROTRA
|
|
|
MAROOF ALI
|
|
|
MOHD.TAUFIQ
|
|
|
NARGIS KHAN
|
|
|
SHAILENDER SHANKAR MISHRA
|
|
|
SHAKEEL AHMED
|
|
|
WASIM AHMAD KHAN
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
LAUNCHED PROSECUTION AGAINST THE ENTITY AND ITS DIRECTORS U/S 24 AND 27 OF THE SEBI ACT
02-JUL-2001
|
|
| 357 |
|
|
PERUTEK SERVICES LTD.
|
|
|
|
P.DINAKARAN
|
|
|
P.K.PERUMAL
|
|
|
P.MAHENDRAN
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO POLICE AUTHORITIES TO FILE FIR
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
LAUNCHED PROSECUTION AGAINST THE ENTITY AND ITS DIRECTORS U/S 24 AND 27 OF THE SEBI ACT
02-JUL-2001
|
ALL ACCUSED DECLARED AS PROCLAIMED OFFENDERS AND KEPT IN DORMANT FILE
|
| 358 |
|
|
PHENOMENAL PLANTATIONS LTD.
|
|
|
|
GOPAL PADAM SINGH
|
|
|
MEENABAHADUR KESAR SINGH
|
|
|
NANDALAL KESAR SINGH
|
|
|
RAMESH SINGH
|
|
|
S.N.MAZUMDAR
|
|
|
SEBASTIAN RAPHEL MALIKKAL
|
|
|
THEKKE MADATHIL SREEDHARAN NAIR
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
LAUNCHED PROSECUTION AGAINST THE ENTITY AND ITS DIRECTORS U/S 24 AND 27 OF THE SEBI ACT
02-JUL-2001
|
SAT: IMPUGNED ORDER UPHELD,APPEAL DISMISSED
|
| 359 |
|
|
PINE PLANTATIONS INDIA LTD.
|
|
|
|
BRIJ MOHANTALWAR
|
|
|
HARASH VIR SURI
|
|
|
HARSH VARDHAN SURI
|
|
|
KAMLESH TALWAR
|
|
|
KUSUM SURI
|
|
|
MANIK TALWAR
|
|
|
MONA SURI
|
|
|
SURYA KANT SURI
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
02-JUL-2001
|
ALL ACCUSED DECLARED AS PROCLAIMED OFFENDERS AND KEPT IN DORMANT FILE
|
| 360 |
|
|
PIONEER FORESTS INDIA LTD.
|
|
|
|
AJAY KUMAR SHARMA
|
|
|
AMRIK SINGH
|
|
|
ANU MITRA
|
|
|
BALWINDER SINGH
|
|
|
CHANDER MITRA
|
|
|
GURUDEV KAUR SAINI
|
|
|
GURUDEV SINGH SAINI
|
|
|
HARDYAL SINGH
|
|
|
HARINDER MITRA
|
|
|
JATINDER SINGH
|
|
|
KULDEEP KAUR
|
|
|
KULWINDER SINGH
|
|
|
MANJIT SINGH
|
|
|
S.SURINDER SINGH
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
10-MAY-2001
|
THE COURT AFTER CONSIDERING THE ARGUMENT, MATERIAL AVAILABLE ON RECORD, QUANTUM OF AMOUNT MOBILISED AND THE ROLE PLAYED BY EACH CONVICT SENTENCED THE A 2 AND A 3 RIGOROUS IMPRISONMENT FOR A PERIOD OF ONE YEAR AND A FINE OF RUPEES FIVE LAC EACH IN DEFAULT FURTHER THREE MONTHS SI FOR THE OFFENCE PUNISHABLE UNDER SECTION 24(1) R/W SECTION 27(1) & 27(2) OF UNDER SECTION 24(1) OF THE SEBI ACT WHEREAS ACCUSED NO. 4,7 AND 8 WERE BURDENED WITH A FINE OF INR 2.00 LAC EACH IN DEFAULT ONE MONTH SI FOR THE OFFENCE PUNISHABLE UNDER SECTION 24(1) R/W SECTION 27(1) & 27(2) OF UNDER SECTION 24(1) OF THE SEBI ACT. THE FINE AMOUNT WAS PAID BY ALL THE CONVICTS IN THE COURT
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 18 of 28
|
