| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 61 |
|
K.P.S.BAL
|
|
|
|
HITECH COMVISION LTD.
CIN:U99999DL1999PLC099468
|
|
MISLEADING INFORMATION IN DRAFT OFFER DOCUMENT
SHOWED OPERATIONS AS AN INFOTECH COMPANY TO LURE INVESTORS TO INVEST IN SHARES OF COMPANY
OMITTED INFORMATION IN OFFER DOCUMENT PERTAINING TO FINANCIAL PERFORMANCE AND GAVE WRONG INFORMATION TO JUSTIFY ISSUE PRICE IN DRAFT OFFER DOCUMENT
DID NOT GIVE BASIS OF VALUATION OF ACQUISITION OF IMAGE AND TRAVELHINDUSTAN.COM
DRAFT OFFER DOCUMENT SHOWED UNETHICAL PRACTICES TO REPORT A HIGH TURNOVER ETC
GAVE FALSE INFORMATION ABOUT SUNDRY DEBTORS
COMPANY WAS NOT LOCATED AT ITS REGISTERED OFFICE ADDRESS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 31-MAY-2002 TO 30-MAY-2007
PROHIBITED PUBLIC COMPANIES IN WHICH THIS DIRECTOR HAS CONTROLLING/SUBSTANTIAL INTEREST TO RAISE FUNDS FROM CAPITAL MARKET FROM 31-MAY-2002 TO 30-MAY-2007
31-MAY-2002
|
|
| 62 |
|
|
K.S.M.RAO
(PAN:AALPR0723Q)
|
|
|
|
RAVI KUMAR DISTILLERIES LTD.
PAN:AABCR4195D
|
|
MIS-STATEMENTS IN THE PROSPECTUS
DID NOT MAKE MATERIAL DISCLOSURES IN PROSPECTUS IN MATTER OF RAVI KUMAR DISTILLERIES LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 12-MAR-2019 TO 11-MAR-2022
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 12-MAR-2019 TO 11-MAR-2022
12-MAR-2019
|
|
| 63 |
|
|
K.SUDHAKAR REDDY
(PAN:AMDPK9619E)
|
|
|
|
SVPCL LTD.
CIN:U21011TG1999PLC032913
PAN:AAFCS0765A
|
|
PROVIDED WRONG INFORMATION IN DRAFT RED HERRING PROSPECTUS (DRHP) THAT ATLEAST 50% OF THE NET ISSUE TO THE PUBLIC SHALL BE ALLOCATED ON PROPORTIONATE BASIS TO QIB INSTEAD OF UPTO 50% OF THE NET ISSUE TO THE PUBLIC
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 18-APR-2012 TO 17-APR-2015
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 18-APR-2012 TO 17-APR-2015
18-APR-2012
|
SEBI VIDE ITS NOTICE DATED 17/12/2014 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 19/01/2016 PROHIBITED FROM DISPOSING, TRANSFERRING, ALLIENATING OR CHARGING IN RESPECT OF PROPERTIES LISTED IN ORDER AND PROHIBITED FROM TAKING ANY BENEFIT UNDER SUCH DISPOSAL, TRANSFER, ALIENATION OR CHARGE IN RESPECT OF THE PROPERTIES. DIRECTED TO FURNISH AT SEBI AT ITS SOUTHERN REGIONAL OFFICE, CHENNAI, DULY CERTIFIED COPIES, COMPLETE DETAILS OF ALL THE MOVABLE AND IMMOVABLE PROPERTIES HELD BY THE DEFAULTER DULY CERTIFIED BY THE BOARD OF DIRECTORS WITHIN TWO WEEKS FROM THE DATE OF THIS ORDER. DIRECTED INSPECTOR GENERAL OF REGISTRATION OF ALL THE STATES AND UNION TERRITORIES AND CONCERNED TEHSILDARS, DISTRICT REGISTRARS AND SUB-REGISTRARS OF THE RESPECTIVE AREAS WHERE THE PROPERTIES ARE LOCATED NOT TO ACT UPON ANY DOCUMENTS PURPORTING TO BE DEALING WITH TRANSFER, MORTGAGE, CHARGE, LEASE OR CREATION OR ALTERATION OF ANY INTEREST IN ANY OF THE PROPERTIES OWNED / HELD BY THE DEFAULTER, IF PRESENTED FOR REGISTRATION
|
| 64 |
|
|
K.THANU PILLAI
|
|
|
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 65 |
|
|
KAMAL GOYAL
|
|
|
|
VIJAY REMEDIES LTD.
CIN:L74899DL1994PLC057803
|
|
MIS-STATEMENTS IN THE PROSPECTUS
MISUTILIZED ISSUE PROCEEDS
USED PROCEEDS OF PUBLIC ISSUE FOR PURCHASE OF OWN SHARES
IRREGULAR ALLOTMENT OF SHARES IN PUBLIC ISSUE OF VIJAY REMEDIES LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-JAN-2003 TO 26-JAN-2008
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 27-JAN-2003 TO 26-JAN-2008
27-JAN-2003
|
SAT: APPEAL DISMISSED
|
| 66 |
|
|
KANWAR DEEP SINGH
(PAN:ACCPS3258G)
|
|
|
|
TOUBRO INFOTECH & INDUSTRIES LTD.
|
|
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
|
| 67 |
|
|
KAPIL MEHAN
|
|
|
|
VIJAY REMEDIES LTD.
CIN:L74899DL1994PLC057803
|
|
MIS-STATEMENTS IN THE PROSPECTUS
MISUTILIZED ISSUE PROCEEDS
USED PROCEEDS OF PUBLIC ISSUE FOR PURCHASE OF OWN SHARES
IRREGULAR ALLOTMENT OF SHARES IN PUBLIC ISSUE OF VIJAY REMEDIES LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-JAN-2003 TO 26-JAN-2008
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 27-JAN-2003 TO 26-JAN-2008
27-JAN-2003
|
SAT: APPEAL DISMISSED
|
| 68 |
|
|
KRISHAN LAL CHHABRA
|
|
|
|
CHHABRA LAND & HOUSING LTD.
CIN:U65921PB1994PLC015168
|
|
MADE VARIOUS MIS-STATEMENTS AND NON-DISCLOSURES IN PROSPECTUS OF CHHABRA LAND & HOUSING LTD.
CREATED FALSE EVIDENCES TO SUBSTANTIATE DISCLOSURES MADE IN PROSPECTUS OF CHHABRA LAND & HOUSING LTD.AND TO SHOW RECEIPT OF PROMOTER'S CONTRIBUTION
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 29-NOV-2002 TO 28-NOV-2007
29-NOV-2002
|
|
| 69 |
|
|
KRISHAN LAL CHHABRA
|
|
|
|
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
|
| 70 |
|
|
KRISHNA KUMAR GARG
|
|
|
|
SURAJ SECURITIES & FINANCE LTD.
|
|
MIS-STATEMENTS AND NON-DISCLOSURES OF MATERIAL INFORMATION IN PROSPECTUS WERE FRAUDULENT ACTS AS DEFINED UNDER REGULATION 2(C) OF SEBI (PFUTP) REGULATIONS, 1995
DID NOT EXERCISE DUE SKILL, DILIGENCE AND CARE IN PUBLIC ISSUE OF SURAJ SECURITIES & FINANCE LTD.
VIOLATED SEBI CODE OF CONDUCT
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 06-SEP-2004 TO 05-SEP-2009
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 06-SEP-2004 TO 05-SEP-2009
06-SEP-2004
|
|
| 71 |
|
|
KRISHNA KUMAR JALAN
|
|
|
|
SETECH ELECTRONICS LTD.
|
|
MIS-STATEMENTS IN THE PROSPECTUS
DID NOT APPEAR BEFORE COURT IN PERSON PURSUANT TO SUMMONS ISSUED BY COURT (SECTION 200A – CR PC)
|
PROSECUTION LAUNCHED
15-MAY-2006
|
VIDE ORDER DATED 13/09/2012 COURT DISPOSED OF THE MATTER AS COMPOUNDED BY THE CLB UPON RS.40,000 AS COMPOUNDING CHARGES FOR THE COMPANY AND RS.3000 EACH ON DIRECTORS
|
| 72 |
|
|
KULDEEP N.PARULEKAR
|
|
|
|
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
|
|
| 73 |
|
|
KUMUDCHANDRA J.BODIWALA
|
|
|
|
INDO-FRENCH BIO-TECH ENTERPRISES LTD.
|
|
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
THE OFFENCE WAS COMPOUNDED
|
| 74 |
|
|
L.S.SEKHON
|
|
|
|
OMEGA SEEDS LTD.
|
|
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 75 |
|
|
M.K.NAHATA
|
|
|
|
SURAJ SECURITIES & FINANCE LTD.
|
|
MIS-STATEMENTS AND NON-DISCLOSURES OF MATERIAL INFORMATION IN PROSPECTUS WERE FRAUDULENT ACTS AS DEFINED UNDER REGULATION 2(C) OF SEBI (PFUTP) REGULATIONS, 1995
DID NOT EXERCISE DUE SKILL, DILIGENCE AND CARE IN PUBLIC ISSUE OF SURAJ SECURITIES & FINANCE LTD.
VIOLATED SEBI CODE OF CONDUCT
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 06-SEP-2004 TO 05-SEP-2009
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 06-SEP-2004 TO 05-SEP-2009
06-SEP-2004
|
|
| 76 |
|
|
M.M.PAREKH
|
|
|
|
OMEGA SEEDS LTD.
|
|
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 77 |
|
|
M.P.MEHROTRA
|
|
|
|
VLS FINANCE LTD.
|
|
DID NOT HONOUR COMMITMENT RELATING TO CONVERSION OF WARRANTS AS UNDERTAKEN OR REPRESENTED IN PROSPECTUS
|
DIRECTED TO HONOUR THEIR COMMITMENT RELATING TO CONVERSION OF WARRANTS
20-SEP-2002
|
SAT: IMPUGNED ORDER SET ASIDE AND APPEAL ALLOWED
|
| 78 |
|
|
M.S.NARULA
|
|
|
|
OMEGA SEEDS LTD.
|
|
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 79 |
|
|
MADAN LAL AGGARWAL
|
|
|
|
VIJAY REMEDIES LTD.
CIN:L74899DL1994PLC057803
|
|
MIS-STATEMENTS IN THE PROSPECTUS
MISUTILIZED ISSUE PROCEEDS
USED PROCEEDS OF PUBLIC ISSUE FOR PURCHASE OF OWN SHARES
IRREGULAR ALLOTMENT OF SHARES IN PUBLIC ISSUE OF VIJAY REMEDIES LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-JAN-2003 TO 26-JAN-2008
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 27-JAN-2003 TO 26-JAN-2008
27-JAN-2003
|
SAT: APPEAL DISMISSED
|
| 80 |
|
|
MADHAV S.MADIVALE
|
|
|
|
INDO-FRENCH BIO-TECH ENTERPRISES LTD.
|
|
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
THE OFFENCE WAS COMPOUNDED
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 4 of 10
|
