| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 41 |
|
HASMUKH T.SHETH
|
|
|
|
SHARP INDUSTRIES LTD.
PAN:AAFFS9104E
|
|
ALLEGED VIOLATION OF PREFERENTIAL ISSUE DIRECTIVES/INSTRUCTIONS/GUIDELINES IN ALLOTMENT OF SHARES OF SHARP INDUSTRIES LTD.
ALLEGED NOT RESPONDING TO LETTERS/SUMMONS ISSUED BY SEBI
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.25,964, ADMINISTRATION CHARGES RS.10,000 VIDE CONSENT ORDER)
28-NOV-2008
|
|
| 42 |
|
|
HEMENDRA V.SHAH
(PAN:AAEPS0940F)
|
|
|
|
SHALIBHADRA SECURITIES LTD.
|
|
FACILITATED IN MAKING APPLICATIONS IN FRAUDULENT MANNER IN PREFERENTIAL ISSUE OF DATASOFT APPLICATION SOFTWARE (INDIA) LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 05-MAR-2012 TO 04-MAR-2013
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 05-MAR-2012 TO 04-MAR-2013
05-MAR-2012
|
|
| 43 |
|
|
HIMANGSHU BHADRA
|
|
|
|
HERMONITE CONSULTANTS LTD.
|
|
INDULGED IN MARKET/PRICE MANIPULATION IN SCRIP OF PADMINI TECHNOLOGIES LTD.
IRREGULARITIES IN ALLOTMENT OF SHARES OF PADMINI TECHNOLOGIES LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 31-MAR-2007 TO 30-MAR-2012
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 31-MAR-2007 TO 30-MAR-2012
31-MAR-2007
|
|
| 44 |
|
|
HITESH J.SANGHVI
|
|
|
|
SAWACA BUSINESS MACHINES LTD.
|
|
PREFERENTIAL ALLOTMENT WAS IRREGULAR AND NOT IN ACCORDANCE WITH LAW IN AS MUCH AS THE COMPANY HAS RESORTED TO FICTITIOUS BOOK ENTRIES FOR SHOWING RECEIPT OF SUBSCRIPTION TOWARDS PREFERENTIAL ALLOTMENT OF SHARES
ALLEGED NOT RESPONDING TO LETTERS/SUMMONS ISSUED BY SEBI
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 13-JUL-2004 TO 12-JUL-2006
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 13-JUL-2004 TO 12-JUL-2006
13-JUL-2004
|
|
| 45 |
|
|
INDU GUPTA
|
|
|
|
D.K.G.BUILDCON PVT.LTD.
PAN:AAACD6821F
|
|
INDULGED IN MARKET/PRICE MANIPULATION IN SCRIP OF PADMINI TECHNOLOGIES LTD.
IRREGULARITIES IN ALLOTMENT OF SHARES OF PADMINI TECHNOLOGIES LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 31-MAR-2007 TO 30-MAR-2012
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 31-MAR-2007 TO 30-MAR-2012
31-MAR-2007
|
|
| 46 |
|
|
JAGADISH BABU S.
|
|
|
|
VISION TECHNOLOGY INDIA LTD.
|
|
ALLOTMENT OF SHARES IN THE PREFERENTIAL ISSUES WERE MALAFIDE AND TOOK PLACE WITHOUT ANY REAL INFUSION OF FUNDS
BANGALORE STOCK EXCHANGE AND BOMBAY STOCK EXCHANGE HAVE NOT GRANTED LISTING PERMISSION TO THE ADDITIONAL SHARES ISSUED BY THE COMPANY IN THE PREFERENTIAL ISSUE
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 23-AUG-2004 TO 22-AUG-2009
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 23-AUG-2004 TO 22-AUG-2009
23-AUG-2004
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER SET ASIDE
|
| 47 |
|
|
JAI BOTHRA
|
|
|
|
ESQUIRE MONEY GUARANTEES LTD.
PAN:AAACE1075E
|
|
VIOLATED SEBI PREFERENTIAL ISSUE DIRECTIVES/INSTRUCTIONS/GUIDELINES BY NOT INFORMING STOCK EXCHANGE THE ALLOTMENT OF SHARES OF ESQUIRE MONEY GUARANTEE LTD. RESULTING SHARES NOT LISTED WITH STOCK EXCHANGE
DID NOT ADHERE TO SUMMONS ISSUED BY SEBI
DID NOT FURNISH INFORMATION, RETURN ETC. TO SEBI
|
IMPOSED PENALTY RS.12,00,000
28-DEC-2006
|
INCLUDED IN SEBI LIST DATED 31/03/2014, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 48 |
|
|
JALAS BATRA
|
|
|
|
SAWACA BUSINESS MACHINES LTD.
|
|
PREFERENTIAL ALLOTMENT WAS IRREGULAR AND NOT IN ACCORDANCE WITH LAW IN AS MUCH AS THE COMPANY HAS RESORTED TO FICTITIOUS BOOK ENTRIES FOR SHOWING RECEIPT OF SUBSCRIPTION TOWARDS PREFERENTIAL ALLOTMENT OF SHARES
ALLEGED NOT RESPONDING TO LETTERS/SUMMONS ISSUED BY SEBI
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 13-JUL-2004 TO 12-JUL-2009
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 13-JUL-2004 TO 12-JUL-2009
13-JUL-2004
|
|
| 49 |
|
|
JAY THAKURAL
|
|
|
|
ATLANTA LTD.
|
|
|
ATLANTA LTD.
|
|
|
ATLANTA THAKURAL CONSTRUCTIONS
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF ATLANTA LTD.
DID NOT MAKE DISCLOSURE OF ACQUISITION OF 7.5% HOLDING OF ATLANTA LTD.
MADE MISLEADING STATEMENTS/ANNOUNCEMENTS WITH AN INTENSION TO DECEIVE INVESTORS
EMPLOYED DIFFERENT REVENUE RECOGNITION METHOD OF DIFFERENT PROJECTS IN ORDER TO SHOW HIGHER REVENUE
DECEIVED SHAREHOLDERS IN ORDER TO HIKE OWN SHAREHOLDING IN COMPANY AT A LOW PRICE COMPARED WITH MARKET PRICE WITHOUT MAKING PAYMENT FROM THEIR OWN FUNDS IN PREFERENTIAL ISSUE
MISAPPROPRIATED FUNDS RECEIVED FROM IPO
MISUSED EMPLOYEE’S QUOTA UNDER IPO
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 22-FEB-2007 TILL FURTHER ORDERS
DIRECTED STOCK EXCHANGES NOT TO APPROVE LISTING OF CONVERTIBLE WARRANTS AND SHARES ISSUED ON CONVERSION
DIRECTED DEPOSITORIES NOT TO DEMATERIALIZE CONVERTIBLE WARRANTS AND SHARES ISSUED UPON CONVERSION AND NOT TO GIVE EFFECT TO STOCK SPLIT FROM 22-FEB-2007 TILL FURTHER ORDERS
DIRECTED DEPOSITORIES NOT TO GIVE EFFECT TO ANY TRANSFER OF SHARES
22-FEB-2007
SETTLEMENT ( SETTLEMENT CHARGES RS.4,88,156 VIDE CONSENT ORDER)
22-SEP-2008~
|
INTERIM ORDER DATED 22/02/2007 DISPOSED OFF, AS APPLICANT AGREED TO PAY RS.4,88,156 AGAINST SETTLEMENT CHARGES AS PER CONSENT ORDER DATED 22/09/2008.
|
| 50 |
|
|
JAYENDRA KANTI SHUKLA
|
|
|
|
OJAS TECHNOCHEM PRODUCTS LTD.
|
|
ALLOTMENT OF SHARES IN THE PREFERENTIAL ISSUES WERE MALAFIDE AND TOOK PLACE WITHOUT ANY REAL INFUSION OF FUNDS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-SEP-2007 TO 26-SEP-2009
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 27-SEP-2007 TO 26-SEP-2009
27-SEP-2007
|
|
| 51 |
|
|
JAYESH MEHTA
|
|
|
INDULGED IN ALLOTMENT OF EQUITY SHARES UNDER PREFERENTIAL ISSUE WITHOUT RECEIPT OF FULL CONSIDERATION/ALLOTMENT MONEY IN MATTER OF SOMPLAST LEATHER INDUSTRIES LTD.
|
PROHIBITED FROM RAISING MONEY FROM PUBLIC FROM 25-JAN-2016 TO 24-JAN-2017
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 25-JAN-2016 TO 24-JAN-2017
DIRECTED TO FREEZE ALL DEMAT ACCOUNTS WHEREIN EQUITY SHARES ALLOTTED UNDER PREFERENTIAL OFFER WERE LYING
RESTRAINED PREFERENTIAL ALLOTTEES FROM EXERCISING ANY VOTING RIGHTS (THROUGH NOMINEE OR PROXY) OR OTHER RIGHTS ATTACHED TO SHARES ACQUIRED AND HELD IN PREFERENTIAL ALLOTMENT
25-JAN-2016
|
|
| 52 |
|
|
JITENDRA AGARWAL
|
|
|
|
ROYAL BENGAL EXPORTS PVT.LTD.
|
|
|
SAVARA TIE-UP PVT.LTD.
|
|
INDULGED IN MARKET/PRICE MANIPULATION IN SCRIP OF PADMINI TECHNOLOGIES LTD.
IRREGULARITIES IN ALLOTMENT OF SHARES OF PADMINI TECHNOLOGIES LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 31-MAR-2007 TO 30-MAR-2012
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 31-MAR-2007 TO 30-MAR-2012
31-MAR-2007
|
|
| 53 |
|
|
JYOTSNA S.SHAH
(PAN:AKAPS1175J)
|
|
|
|
SAWACA BUSINESS MACHINES LTD.
|
|
PREFERENTIAL ALLOTMENT WAS IRREGULAR AND NOT IN ACCORDANCE WITH LAW IN AS MUCH AS THE COMPANY HAS RESORTED TO FICTITIOUS BOOK ENTRIES FOR SHOWING RECEIPT OF SUBSCRIPTION TOWARDS PREFERENTIAL ALLOTMENT OF SHARES
ALLEGED NOT RESPONDING TO LETTERS/SUMMONS ISSUED BY SEBI
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 13-JUL-2004 TO 12-JUL-2009
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 13-JUL-2004 TO 12-JUL-2009
13-JUL-2004
|
|
| 54 |
|
|
KETAN DINESHCHANDRA SORATHIYA
|
|
|
AIDED AND ABETTED COMPANY AND ALLOTTEES OF PREFERENTIAL ALLOTMENT OF 290 LACS SHARES THROUGH CIRCULAR BANKING TRANSACTIONS WITHOUT REAL INFLOW OF FUNDS IN MATTER OF PLATINUM CORP.LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 12-AUG-2016 TO 11-AUG-2021
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 12-AUG-2016 TO 11-AUG-2021
12-AUG-2016
|
SAT: SAT VIDE ITS ORDER DATED 14/11/2017 PERMITTED APPELLANTS TO WITHDRAW THE APPEAL AND MISC.APPLICATIONS WITH LIBERTY TO FILE FRESH APPEAL WITHIN SIX WEEKS FROM THE DATE OF THIS ORDER. INTERIM RELIEF GRANTED ON 07/10/2016 SHALL CONTINUE FOR A PERIOD OF SIX WEEKS FROM THE DATE OF THIS ORDER. NO COSTS
SAT: APPEAL DISMISSED. NO COSTS
|
| 55 |
|
|
KIRAN DEVI AGARWAL
|
|
|
|
CHURUWALA EXPORTS PVT.LTD.
|
|
INDULGED IN MARKET/PRICE MANIPULATION IN SCRIP OF PADMINI TECHNOLOGIES LTD.
IRREGULARITIES IN ALLOTMENT OF SHARES OF PADMINI TECHNOLOGIES LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 31-MAR-2007 TO 30-MAR-2012
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 31-MAR-2007 TO 30-MAR-2012
31-MAR-2007
|
|
| 56 |
|
|
KISHEN GOENKA
|
|
|
|
HT FERRO LTD.
|
|
INDULGED IN MARKET/PRICE MANIPULATION IN SCRIP OF PADMINI TECHNOLOGIES LTD.
IRREGULARITIES IN ALLOTMENT OF SHARES OF PADMINI TECHNOLOGIES LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 31-MAR-2007 TO 30-MAR-2012
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 31-MAR-2007 TO 30-MAR-2012
31-MAR-2007
|
|
| 57 |
|
|
KISHORE THAKKAR
|
|
|
|
RANSI SOFTWARES INDIA LTD.
|
|
IRREGULAR PREFERENTIAL ALLOTMENT IN SCRIP OF RANSI SOFTWARE INDIA LTD.
MADE SEVERAL CORPORATE ANNOUNCEMENTS AND LATER ON NOT FOLLOWED THE SAME
ISSUED BONUS SHARES WITHOUT PROPER PROFITS & RESERVES
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 06-FEB-2008 TO 05-FEB-2010
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 06-FEB-2008 TO 05-FEB-2010
06-FEB-2008
|
|
| 58 |
|
|
KISHORE THAKURAL
|
|
|
|
ATLANTA LTD.
|
|
|
ATLANTA LTD.
|
|
|
ATLANTA THAKURAL CONSTRUCTIONS
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET IN SCRIP OF ATLANTA LTD.
DID NOT MAKE DISCLOSURE OF ACQUISITION OF 7.5% HOLDING OF ATLANTA LTD.
MADE MISLEADING STATEMENTS/ANNOUNCEMENTS WITH AN INTENSION TO DECEIVE INVESTORS
EMPLOYED DIFFERENT REVENUE RECOGNITION METHOD OF DIFFERENT PROJECTS IN ORDER TO SHOW HIGHER REVENUE
DECEIVED SHAREHOLDERS IN ORDER TO HIKE OWN SHAREHOLDING IN COMPANY AT A LOW PRICE COMPARED WITH MARKET PRICE WITHOUT MAKING PAYMENT FROM THEIR OWN FUNDS IN PREFERENTIAL ISSUE
MISAPPROPRIATED FUNDS RECEIVED FROM IPO
MISUSED EMPLOYEE’S QUOTA UNDER IPO
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 22-FEB-2007 TILL FURTHER ORDERS
DIRECTED STOCK EXCHANGES NOT TO APPROVE LISTING OF CONVERTIBLE WARRANTS AND SHARES ISSUED ON CONVERSION
DIRECTED DEPOSITORIES NOT TO DEMATERIALIZE CONVERTIBLE WARRANTS AND SHARES ISSUED UPON CONVERSION AND NOT TO GIVE EFFECT TO STOCK SPLIT FROM 22-FEB-2007 TILL FURTHER ORDERS
DIRECTED DEPOSITORIES NOT TO GIVE EFFECT TO ANY TRANSFER OF SHARES
22-FEB-2007
SETTLEMENT ( SETTLEMENT CHARGES RS.9,13,844 VIDE CONSENT ORDER)
22-SEP-2008~
|
INTERIM ORDER DATED 22/02/2007 DISPOSED OFF AGREED TO PAY RS.9,13,844 AGAINST SETTLEMENT CHARGES AS PER CONSENT ORDER DATED 22/09/2008.
|
| 59 |
|
|
KUNARAM CHOUDHARI
|
|
|
|
RANSI SOFTWARES INDIA LTD.
|
|
MADE FALSE REPRESENTATION IN NEWSPAPERS TO MISLEAD/INDUCE INVESTORS
ALLEGED NOT RESPONDING TO LETTERS/SUMMONS ISSUED BY SEBI
ALLOTMENT OF SHARES IN THE PREFERENTIAL ISSUES WERE MALAFIDE AND TOOK PLACE WITHOUT ANY REAL INFUSION OF FUNDS
|
IMPOSED PENALTY RS.54,00,000
26-FEB-2007
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 60 |
|
|
KUNARAM CHOUDHARI
|
|
|
|
RANSI SOFTWARES INDIA LTD.
|
|
IRREGULAR PREFERENTIAL ALLOTMENT IN SCRIP OF RANSI SOFTWARE INDIA LTD.
MADE SEVERAL CORPORATE ANNOUNCEMENTS AND LATER ON NOT FOLLOWED THE SAME
ISSUED BONUS SHARES WITHOUT PROPER PROFITS & RESERVES
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 06-FEB-2008 TO 05-FEB-2010
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 06-FEB-2008 TO 05-FEB-2010
06-FEB-2008
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 3 of 7
|
