S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
41 |
|
BHARAT GANDHI
|
|
|
SUNSTAR SOFTWARE SYSTEMS LTD.
|
|
DID NOT DESPATCH SHARE CERTIFICATES AFTER ALLOTMENT AND/OR TRANSFER WITHIN STIPULATED PERIOD
|
PROSECUTION LAUNCHED
15-MAY-2006
|
DISMISSED
|
42 |
|
BHAVANI SHAH
|
|
|
JALTARANG MOTELS LTD.
|
|
VIOLATED SECTION 24 OF SEBI ACT, 1992
VIOLATED SECTION 11 OF SEBI ACT, 1992
MIS-STATEMENTS IN THE PROSPECTUS
DID NOT REPAY EXCESS SHARE APPLICATION MONEY WITHIN STIPULATED PERIOD
INDULGED IN CRIMINAL CONSPIRACY TO COMMIT AN OFFENCE (SECTION 120B – IPC)
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
43 |
|
BHAYYA D.RATHOD
|
|
|
VATSA CORP.LTD.
|
|
DID NOT PAY DIVIDEND WITHIN STIPULATED PERIOD
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
44 |
|
BHUPENDRA T.JOSHI
|
|
|
EXCELL MULTITECH LTD.
|
|
KARVY STOCK BROKING LTD.
PAN:AABCK5190K
(Member : BSE/NSE/HSE)
|
|
SEER FINLEASE PVT.LTD.
|
|
TAURAS INFOSYS LTD.
|
|
ZENET SOFTWARE LTD.
PAN:AAACZ0978K
|
|
FILED APPLICATION FOR SUBSCRIPTION AND/OR ACQUISITION OF SHARES IN FICTITIOUS NAME
VIOLATED SECTION 12A OF SEBI ACT.,1992
VIOLATED SECTION 24 (1) OF SEBI ACT, 1992
VIOLATED SEBI (PFUTP) REGULATIONS, 1995
VIOLATED SECURITIES CONTRACTS (REGULATION) ACT, 1956
VIOLATED SEBI DEPOSITORIES ACT, 1996
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
45 |
|
C.M.SUBAIR
|
|
|
PREMIER PLANTATIONS LTD.
CIN:U01119KL1990PLC005900
|
|
DID NOT REPAY EXCESS SHARE APPLICATION MONEY WITHIN STIPULATED PERIOD
DID NOT DESPATCH SHARE CERTIFICATES AFTER ALLOTMENT AND/OR TRANSFER WITHIN STIPULATED PERIOD
|
PROSECUTION LAUNCHED
15-MAY-2006
|
CASE DISMISSED BY COURT. APPEAL IS FILED BY SEBI AGAINST THE SAID ORDER WHICH IS PENDING BEFORE THE BOMBAY HIGH COURT
|
46 |
|
C.S.SHETTY
|
|
|
MITHILA STEEL INDUSTRIES LTD.
|
|
DID NOT DESPATCH SHARE CERTIFICATES AFTER ALLOTMENT AND/OR TRANSFER WITHIN STIPULATED PERIOD
|
PROSECUTION LAUNCHED
15-MAY-2006
|
ACCUSED ABSCONDED
|
47 |
|
C.SIVAKUMAR REDDY
(PAN:AFKPS1146S)
|
|
|
KAVVERI TELECOM PRODUCTS LTD.
PAN:AAACK7399F CIN:L85110KA1996PLC019627
|
|
DID NOT PAY DIVIDEND WITHIN STIPULATED PERIOD
|
PROSECUTION LAUNCHED
25-AUG-2016
|
|
48 |
|
C.V.JAGDISH
|
|
|
KAVVERI TELECOM PRODUCTS LTD.
PAN:AAACK7399F CIN:L85110KA1996PLC019627
|
|
DID NOT PAY DIVIDEND WITHIN STIPULATED PERIOD
|
PROSECUTION LAUNCHED
25-AUG-2016
|
|
49 |
|
CHANDAN CHOWDHURY
|
|
|
KOLKATA WEIR INDUSTRIES LTD.
|
|
APPROCHED 105809 INVESTORS TO MOBILIZE RS.47.90 CRORES THROUGH OFFER OF REDEEMABLE PREFERENCE SHARES ON PRIVATE PLACEMENT BASIS IN MATTER OF KOLKATA WEIR INDUSTRIES LTD.VIOLATING SECTION 67(3) OF COMPANIES ACT, 1956
|
PROSECUTION LAUNCHED
25-AUG-2016
|
|
50 |
|
CHANDAN P.GADGIL
|
|
|
DID NOT PAY DIVIDEND WITHIN STIPULATED PERIOD
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
51 |
|
D.B.DESHMUKH
|
|
|
VATSA CORP.LTD.
|
|
DID NOT PAY DIVIDEND WITHIN STIPULATED PERIOD
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
52 |
|
D.H.BAROT
|
|
|
GUJARAT FUN N WATER PARK LTD.
|
|
DID NOT DESPATCH SHARE CERTIFICATES AFTER ALLOTMENT AND/OR TRANSFER WITHIN STIPULATED PERIOD
FAILED TO PAY PENALTY
DID NOT PAY DIVIDEND WITHIN STIPULATED PERIOD
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
53 |
|
D.M.SUKHTHANKAR
|
|
|
MONESHI AGRO FOODS LTD.
|
|
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
54 |
|
D.R.PRATAP
|
|
|
V.R.MATHUR MASS COMMUNICATIONS LTD.
|
|
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
IN C.C.144/01 ACCUSED NO.2 WAS CONVICTED WITH IMPRISONMENT OF 3 MONTH AND FINE OF RS.15000 ACCUSED NO. 1 & 3 WERE CONVICTED AND SENTENCED TO FINE OF RS.15,000 ONLY. ON APPEAL BEFORE SESSIONS COURT THE CASE WAS COMPOUNDED UPON RECOMMENDATION OF COMPANY LAW BOARD ON PAYMENT OF RS.15,000 EACH BY ACCUSED NO.1 TO 3. IN CC NO. 11/2002 (SPLIT UP FROM CC NO 144/2001), THE COURT VIDE ITS ORDER DATED 21.08.2006 CONVICTED ACCUSED NO.4 AND 5 WITH A FINE OF RS.3000 EACH AND ON DEFAULT IMPRISONMENT FOR 3 MONTHS. CASE IS PENDING AGAINST ACCUSED NO.6, SYED MEHDI AS CC NO.90/2001 (SPLIT UP FROM CC NO.144/2001)
|
55 |
|
DALJIT RAHEJA
|
|
|
CHHABRA LAND & HOUSING LTD.
CIN:U65921PB1994PLC015168
|
|
MIS-STATEMENTS IN THE PROSPECTUS
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
|
PROSECUTION LAUNCHED
15-MAY-2006
|
COMPLAINT UNDER SECTION 621 READ WITH SECTION 63 AND 68 OF COMPANIES ACT AND SECTION 200 OF CR.P.C. WAS FILED BY SEBI AGAINST CHHABRA LAND AND HOUSING LTD AND ITS DIRECTORS ISSUED PROSPECTUS CONTAINING THE PATENTLY FALSE AND UNTRUE STATEMENTS AS THEY CAME OUT WITH THE PUBLIC ISSUES OF 26,40,000 EQUITY SHARES OF RS.10.00 EACH AGGREGATING TO RS.264 LACS. THE COURT FOUND NO GROUND TO PROCEED AGAINST THE ACCUSED AND DISMISSED THE COMPLAINT VIDE IMPUGNED ORDER DATED 07/01/2016. THERAFTER, REVISION PETITION WAS FILED IN SESSIONS COURT WHEREIN, WHILE DISMISSING THE REVISION PEITIONED HELD THAT UNDER SECTION 63 OF THE COMPANIES ACT, THE OFFENCE IS MADE OUT AGAINST ONE WHO HAD AUTHORISED THE ISSUESANCE OF PROSPECTUS AND FOR THAT IT WAS PARAMOUNT FOR THE COMPLAINANT TO PROVE ON RECORD THE RESOLUTION OF THE BOARD OF DIRECTORS AUTHORISING THE ISSUANCE OF THE PROSPECTUS. THE FOUNDATION OF ISSUANCE OF THE PROSPECTUS HAS NOT BEEN BROUGHT ON RECORD AND AS ALLEGED THAT THE PROSPECTUS HAD CONTAINED SOME MIS-STATEMENTS AND NON DISCLOSURE OF MATERIAL INFORMATION AND THESE ALLEGATIONS CAN ONLY BE PROVED IF THE AUTHORITY BEHIND THE ISSUANCE OF PROSPECTUS COULD BE ESTABLISHED. HENCE, THE LEARNED TRIAL COURT WHILE TAKING INTO ACCOUNT ALL THESE FACTS HAD RIGHTLY DISCHARGED THE ACCUSED VIDE THE IMPUGNED ORDER, WHICH DOES NOT SUFFER FROM ANY INFIRMITY, IMPROPRIETY OR ILLEGALITY AND THE SAME IS HEREBY UPHELD AND AFFIRMED
|
56 |
|
DATTARAJ V.SALGAOCAR
|
|
|
D-LINK (INDIA) LTD.
|
|
DID NOT PAY DIVIDEND WITHIN STIPULATED PERIOD
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
57 |
|
DEBESHWAR PRATAP JHA
|
|
|
DID NOT PAY DIVIDEND WITHIN STIPULATED PERIOD
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
58 |
|
DEEPAK GOYAL
|
|
|
WEST COAST BREWERS & DISTILLERS LTD.
|
|
DID NOT REPAY EXCESS SHARE APPLICATION MONEY WITHIN STIPULATED PERIOD
DID NOT DESPATCH SHARE CERTIFICATES AFTER ALLOTMENT AND/OR TRANSFER WITHIN STIPULATED PERIOD
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
59 |
|
DEEPAK RAVAL
|
|
|
MOTOROL INDIA LTD.
|
|
DID NOT DESPATCH SHARE CERTIFICATES AFTER ALLOTMENT AND/OR TRANSFER WITHIN STIPULATED PERIOD
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
60 |
|
DEEPKUMAR M.THAKKAR
|
|
|
DID NOT REPAY EXCESS SHARE APPLICATION MONEY WITHIN STIPULATED PERIOD
DID NOT DESPATCH SHARE CERTIFICATES AFTER ALLOTMENT AND/OR TRANSFER WITHIN STIPULATED PERIOD
|
PROSECUTION LAUNCHED
15-MAY-2006
|
ACCUSED 2 SENTENCED WITH FINE OF RS.10000. A-4 & 6 ACQUITTED. CASE AGAINST ACCUSED-3, 5, 7 & 8 HAS BEEN SPLIT AND THE COURT VIDE ORDER DATED 28.02.2007 DISMISSED THE COMPLAINT AGAINST A3, 5,7, & 8 WITH A LIBERTY TO SEBI TO SEEK REVIVAL OF PROCEEDINGS ON OBTAINING THE ADDRESS OF THE ACCUSED. A-1 WAS DISCHARGED AS PER ORDER IN ON 10/1/2002. CASE AGAINST A-9 & 10 DISMISSED ON 5/11/99
|
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
|
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