| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 61 |
|
TOUBRO INFOTECH & INDUSTRIES LTD.
|
|
|
|
GURJEET SINGH
|
|
|
KANWAR DEEP SINGH
PAN:ACCPS3258G
|
|
|
N.K.MAINI
|
|
|
RAVINDER SINGH
PAN:ALHPS5680C
|
|
|
S.L.BALUJA
|
|
|
SERGIO CORENO
|
|
ISSUED SHARE/DEBENTURE APPLICATION FORMS WITHOUT ATTACHING A COPY OF THE PROSPECTUS/ABRIDGED PROSPECTUS
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 25-MAR-2003 TO 24-MAR-2008
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 25-MAR-2003 TO 24-MAR-2008
DIRECTED TO REFUND THE MONEY RAISED, TO DEBENTURE HOLDERS WITH INTEREST @10% WITHIN A PERIOD OF TWO WEEKS FROM DATE OF THIS ORDER
28-MAR-2001
|
SAT: SAT VIDE ITS ORDER DATED 19/07/2004 1.SET ASIDE ORDER DATED 25/03/2003, DIRECTING APPELLANTS TO REFUND MONEY WITH 10% INTEREST TO DEBENTURE HOLDERS 2.MODIFIED ORDER DIRECTING APPELLANTS NOT TO ACCESS AND ASSOCIATE WITH CAPITAL MARKET, DEALING IN SECURITIES OR ASSOCIATING WITH ANY INTERMEDIARIES IN CAPITAL MARKET FOR A PERIOD OF FIVE YEARS TO PERIOD ALREADY UNDERGONE 3.DIRECTED APPELLANTS TO REDRESS ALL GRIEVANCES OF DEBENTURE HOLDERS,IF ANY.NO ORDER AS TO COSTS
|
| 62 |
|
|
V.R.MATHUR MASS COMMUNICATIONS LTD.
|
|
|
|
BASUDEO AGARWAL
|
|
|
D.R.PRATAP
|
|
|
PAWAN KUMAR AGARWAL
|
|
|
SUNEETI RAJ MATHUR
|
|
|
SYED M.MEHDI
|
|
|
VAMAN RAJ SAXENA
|
|
|
VIMAL RAJ MATHUR
PAN:AIDPM9858P
|
|
VIOLATED REGULATION 4 OF SEBI (PFUTP) REGULATIONS, 1995
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
MIS-STATEMENTS IN THE PROSPECTUS
VIOLATED SECTION 13 OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992
VIOLATED SECTION 24 (1) OF SEBI ACT, 1992
|
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)
ACCUSED NO.1 TO 5 WERE ACQUITTED BY COURT
|
| 63 |
|
|
VATSA CORP.LTD.
|
|
|
|
ANIL KHANNA
|
|
|
ARVIND MATHUR
|
|
|
B.BHAT
|
|
|
BHAYYA D.RATHOD
|
|
|
D.B.DESHMUKH
|
|
|
GAUTAM KANTHARIA
|
|
|
KETAN NAVINCHANDRA SHAH
|
|
|
M.N.ACHARYA
|
|
|
N.J.BRAHMBHATT
|
|
|
PRADEEP M.VAKIL
|
|
|
RAJEEV S.PARIKH
|
|
|
SUDHIR M.MODI
|
|
|
SWETA R.PARWANI
|
|
DID NOT DESPATCH SHARE CERTIFICATES AFTER ALLOTMENT AND/OR TRANSFER WITHIN STIPULATED PERIOD
DID NOT PAY DIVIDEND WITHIN STIPULATED PERIOD
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 64 |
|
|
VIKAS WSP LTD.
(CIN:L24139HR1988PLC030300
PAN:AAACV7816Q)
|
|
|
|
B.D.AGARWAL
|
|
|
B.L.JINDAL
|
|
|
J.D.AGARWAL
|
|
|
RAMESH CHAND JINDAL
|
|
VIOLATED SEBI (PFUTP) REGULATIONS, 1995
VIOLATED SECTION 21 OF SECURITIES CONTRACTS (REGULATION) ACT, 1956
DID NOT PAY DIVIDEND WITHIN STIPULATED PERIOD
SECURITIES CONTRACTS (REGULATION) ACT, 1956 SECURITES CONTRACTS (REGULATION) ACT, 1956
VIOLATED SECTION 24 OF SECURITIES CONTRACTS (REGULATION) ACT, 1956
|
PROSECUTION LAUNCHED
15-MAY-2006
|
THE OFFENCE WAS COMPOUNDED
|
| 65 |
|
|
WEBSITY INFOSYS LTD.
|
|
|
|
S.L.MALOO
PAN:AAAPM0844N
|
|
DID NOT DESPATCH SHARE CERTIFICATES AFTER ALLOTMENT AND/OR TRANSFER WITHIN STIPULATED PERIOD
|
PROSECUTION LAUNCHED
08-DEC-2010
|
SEBI HAD FILED COMPLAINT AGAINST WEBSITY LTD AND MR.S.L.MALOO FOR VIOLATION OF COMPANIES ACT IN ACMM COURT. ACMM HAS FRAMED NOTICE U/S 251 CRPC FOR CONTRAVENTION OF SECTION 113 OF THE COMPANIES ACT, 1956. THE SHORT QUESTION INVOLVED IN DISPOSAL OF THE INSTANT REVISION PETITION IS WHETHER SECTION 113 OF THE COMPANIES ACT 1956 CONSTITUTES A CONTINUING OFFENCE OR NOT? COURT HELD THAT SECTION 113 COMPANIES ACT REVEALS THAT EVERY COMPANY IS DUTY BOUND TO TRANSFER THE SHARES CERTIFICATE WITHIN THIS STIPULATED TIME FAILING WHICH THE COMPANY AND EVERY OFFICER OF THE COMPANY SHALL BE LIABLE FOR PUNISHMENTS UNDER THAT SECTION. THE STATUTORY PROVISION INHERES THE LEGISLATIVE INTENT TO ENSURE THE TRANSFER OF THE SHARE ON DELIVERY CERTIFICATE TO THE SHAREHOLDERS WITHIN THE STIPULATED TIME. NON DELIVERY OF THE SHARE CERTIFICATE TO THE SHAREHOLDERS WITHIN STIPULATED TIME HAS BEEN PENALIZED BY LEGISLATURE AND THE OFFENCE CONTINUES TILL THE TIME THE SHARE CERTIFICATES ARE ACTUALLY DELIVERED TO THE SHARE HOLDERS. THE LIABILITY TO PAY THE FINE ON EACH DATE OF DEFAULT CONTINUES TILL THE TIME THE SHARE CERTIFICATE IS IN FACT PROVIDED TO THE SHARE HOLDERS. UNDER SECTION 113 OF THE
COMPANIES ACT, THE STATUTORY PROVISION HAS NOT ONLY MADE THE FAILURE OF THE COMPANY TO DELIVER SHARE CERTIFICATE AS AN OFFENCE BUT HAS FURTHER STIPULATED THAT THE CONTINUOUSLY DAILY ENHANCING PENALTY SHALL CEASE TO OPERATE ONLY UPON THE DELIVERY OF THE SHARE CERTIFICATES TO THE SHARE HOLDERS. COURT HELD THAT THE LD. TRIAL COURT HAS RIGHTLY OBSERVED THAT DEFAULT COMMITTED UNDER SECTION 113 OF THE COMPANIES ACT IS A CONTINUING OFFENCE
|
| 66 |
|
|
WEBSITY INFOSYS LTD.
|
|
|
|
M.C.MALOO
|
|
|
S.L.MALOO
PAN:AAAPM0844N
|
|
|
SHIKHAR CHAND SETHIA
|
|
|
SUNIL AGARWAL
|
|
MIS-STATEMENTS IN THE PROSPECTUS
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
|
PROSECUTION LAUNCHED
31-MAR-2010
|
|
| 67 |
|
|
WEST COAST BREWERS & DISTILLERS LTD.
|
|
|
|
B.N.ANTIE
|
|
|
DEEPAK GOYAL
|
|
|
LAL GOYAL
|
|
|
O.P.TANEJA
|
|
|
R.B.KALLA
|
|
|
R.K.TANDON
|
|
|
SUBHASH JAIN
|
|
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
|
COMPLAINT DISMISSED RESTORATION APPLICATION FILED BY SEBI WAS ALSO DISMISSED ON 07.06.2002. SEBI FILED APPEAL BEFORE BOMBAY HIGH COURT
|
| 68 |
|
|
XEDD TELECOM LTD.
|
|
|
|
K.S.V.RAAMAN
|
|
|
P.K.JAIN
|
|
|
R.K.NARENDER
|
|
|
S.SRINIVASAN
|
|
DID NOT DESPATCH SHARE CERTIFICATES AFTER ALLOTMENT AND/OR TRANSFER WITHIN STIPULATED PERIOD
DID NOT REPAY EXCESS SHARE APPLICATION MONEY WITHIN STIPULATED PERIOD
|
PROSECUTION LAUNCHED
15-MAY-2006
|
ACCUSED NO.1 & 2 WERE CONVICTED AND SENTENCED TO FINE OF RS.53,150 AND ON DEFAULT SIMPLE IMPRISONMENT FOR 6 MONTHS. ACCUSED 3 ACQUITTED AND CASE AGAINSTACCUSED NO.4 & 5 SPLIT UP. APPEAL FILED BY ACCUSED 1&2 HAS ALSO BEEN DISMISSED
|
| 69 |
|
|
ZED INVESTMENTS LTD.
|
|
|
|
RAJ KUMAR SHUKLA
|
|
|
RAKESH KUMAR SRIVASTAVA
|
|
|
TARUN GOYAL
|
|
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 70 |
|
|
ZENET SOFTWARE LTD.
(PAN:AAACZ0978K)
|
|
|
|
BHANUPRASAD DIPAKKUMAR TRIVEDI
|
|
|
BHUPENDRA T.JOSHI
|
|
|
COMANDUR PARTHASARATHY
PAN:AAFPC7617L
|
|
|
DIPAKBHAI JASWANTLAL PANCHAL
|
|
|
GAUTAMBHAI KARSANBHAI PATEL
|
|
|
HEMLATABEN VINUBHAI PATEL
|
|
|
JAGDISHBHAI GOVINDLAL SHETH
|
|
|
KIRITBEN RAJESH PATEL
|
|
|
M.S.RAMAKRISHNA
|
|
|
M.YAGUANDHAR
|
|
|
MANHARLAL KANTALILAL KOTADIA
|
|
|
NILESH RAMANLAL SHAH
|
|
|
RAJESH KUMAR VITHABHAI PATEL
|
|
|
RAKESH SURESHCHANDRA SHAH
|
|
|
SAUMIL A.BHAVNAGARI
PAN:ABMPB3581C
|
|
|
SOAYUBEN H.VORA
|
|
|
VIPINCHANDRA GORDHANBHAI PATEL
|
|
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
|
|
| 71 |
|
|
ZILLION PHARMA CHEM LTD.
(CIN:L24231GJ1992PLC017496)
|
|
|
|
AMIT N.SHAH
|
|
|
BEENA N.SHAH
|
|
|
HARSHADRAY PURSHOTAMDAS BHATT
|
|
|
J.R.PATEL
|
|
|
JAYENDRASINGH N.WAGHELA
|
|
|
LALITABEN SHAH
|
|
|
N.G.BOJWANI
|
|
|
PRAFUL N.BAROT
|
|
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
|
|
| 72 |
|
|
ZYLOG SYSTEMS LTD.
|
|
|
|
PARTHASARATHY SRIKANTH
PAN:AAQPS9253H
|
|
|
RAMANUJAM SHESHARATHNAM
PAN:AERPR6301N
|
|
|
S.P.SRIHARI
PAN:AFJPS1694C
|
|
|
SRIKANTH SRIPRIYA
PAN:AZAPS0630H
|
|
|
SUDARSHAN VENKATRAMAN
PAN:AWJPS4793B
|
|
MADE FALSE, INCORRECT AND MISLEADING DISCLOSURES ABOUT PRICE SENSITIVE INFORMATION TO STOCK EXCHANGES AND MEDIA IN MATTER OF ZYLOG SYSTEMS LTD.
ACQUIRED SHARES OF ZYLOG SYSTEMS LTD. BEYOND THRESHOLD LIMIT AS STIPULATED UNDER REGULATION 3(2) OF SEBI TAKEOVER CODE, 1997 WITHOUT MAKING OPEN OFFER
PROVIDED FUNDS TO PROMOTER ENTITY AND OTHERS FOR DEALING IN SHARES OF ZYLOG SYSTEMS LTD. VIOLATING SECTION 77(2) OF COMPANIES ACT, 1956
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 14-JUN-2021 TO 13-JUN-2023
DIRECTED ACQUIRER TO MAKE PUBLIC OFFER
DIRECTED ACQUIRER TO PAY INTEREST FOR LOSS CAUSED TO SHAREHOLDERS
PROHIBITED FROM ISSUING PROSPECTUS OR ANY OFFER DOCUMENT, OR ISSUE ADVERTISEMENT FOR SOLICITING MONEY FROM PUBLIC FOR ISSUE OF SECURITIES IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 14-JUN-2021 TO 13-JUN-2023
RESTRAINED FROM ASSOCIATED WITH ANY LISTED COMPANY AND ANY PUBLIC COMPANY AS DIRECTORS/PROMOTERS WHICH INTENDS TO RAISE MONEY FROM THE PUBLIC AND/OR ANY INTERMEDIARY WITH SEBI FROM 14-JUN-2021 TO 13-JUN-2023
13-JUN-2013
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 4 of 4
|
