| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 61 |
|
DEVANGI DIPAKBHAI PANCHAL
|
|
|
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
|
|
| 62 |
|
|
DHARMENDRA PATEL
|
|
|
|
GUJARAT FUN N WATER PARK LTD.
|
|
FAILED TO PAY PENALTY
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
|
|
| 63 |
|
|
DHAVAL A.JHAVERI
|
|
|
|
AASHI PHARMACHEM LTD.
|
|
|
BLUE INFORMATION TECHNOLOGY LTD.
PAN:AABCB8718J
|
|
|
SUNSTAR SOFTWARE SYSTEMS LTD.
|
|
DID NOT DESPATCH SHARE CERTIFICATES AFTER ALLOTMENT AND/OR TRANSFER WITHIN STIPULATED PERIOD
VIOLATED SECTION 11 (3) OF SEBI ACT, 1992
DID NOT REPAY EXCESS SHARE APPLICATION MONEY WITHIN STIPULATED PERIOD
VIOLATED SECTION 24 OF SEBI ACT, 1992
|
PROSECUTION LAUNCHED
15-MAY-2006
|
DISMISSED
|
| 64 |
|
|
DILIP KUMAR
|
|
|
|
MONESHI AGRO FOODS LTD.
|
|
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 65 |
|
|
DINESH KUMAR AGARWAL
|
|
|
|
RADHIKA SPINNING MILLS LTD.
|
|
DID NOT DESPATCH SHARE CERTIFICATES AFTER ALLOTMENT AND/OR TRANSFER WITHIN STIPULATED PERIOD
|
PROSECUTION LAUNCHED
15-MAY-2006
|
CASE DISMISSED
|
| 66 |
|
|
DIPAK RALAN
|
|
|
|
SHREE DEWAN STEELS (INDIA) LTD.
|
|
MIS-STATEMENTS IN THE PROSPECTUS
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
|
PROSECUTION LAUNCHED
15-MAY-2006
|
ACCUSED NO. 4 AND 5 ARE DISCHARGED BY THE TRIAL COURT ON THE GROUND THAT SEBI FAILED TO PROVE THAT THERE WAS ANY AUTHORIZATION BY A4&5 FOR THE PROSPECTUS OR THERE WAS ANY SIGNATURE ON THE PROSPECTUS
|
| 67 |
|
|
DIPAK WALJIBHAI CHOUDHARY
|
|
|
|
INDO-AMERICAN CREDIT CORP.LTD.
|
|
DID NOT DESPATCH SHARE CERTIFICATES AFTER ALLOTMENT AND/OR TRANSFER WITHIN STIPULATED PERIOD
DID NOT PAY DIVIDEND WITHIN STIPULATED PERIOD
VIOLATED SECTION 11(2) (1) (1A) OF SEBI ACT, 1992
|
PROSECUTION LAUNCHED
15-MAY-2006
|
ALL ACCUSED PLEADED GUILTY AND WERE CONVICTED AND SENTENCED TO FINE OF RS.1,000 EACH AND ON DEFAULT IMPRISONMENT FOR 30 DAYS
CONVICTED
|
| 68 |
|
|
DIPAKBHAI JASWANTLAL PANCHAL
|
|
|
|
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
|
|
| 69 |
|
|
DIPESH P.SETH
|
|
|
|
MAHADEV AGRO INDUSTRIES LTD.
|
|
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
|
ACCUSED NO.1 COMPANY PROCEDED U/S 305 OF CR.P.C. (EX-PARTE) PROCEEDINGS AGAINST ACCUSED NO. 2,4,5 AND 7 WERE DROPPED VIDE ORDER DATED 20/11/2001. ACCUSED NOS 3 AND 6 PLEADED GUILTY AND COURT IMPOSED FINE OF RS.10,000 EACH
|
| 70 |
|
|
DIPTI SHAH
|
|
|
|
INDO-AMERICAN CREDIT CORP.LTD.
|
|
DID NOT DESPATCH SHARE CERTIFICATES AFTER ALLOTMENT AND/OR TRANSFER WITHIN STIPULATED PERIOD
DID NOT PAY DIVIDEND WITHIN STIPULATED PERIOD
VIOLATED SECTION 11(2) (1) (1A) OF SEBI ACT, 1992
|
PROSECUTION LAUNCHED
15-MAY-2006
|
ALL ACCUSED PLEADED GUILTY AND WERE CONVICTED AND SENTENCED TO FINE OF RS.1,000 EACH AND ON DEFAULT IMPRISONMENT FOR 30 DAYS
CONVICTED
|
| 71 |
|
|
E.V.HARIHARAN
|
|
|
|
ROOFIT INDUSTRIES LTD.
|
|
DID NOT PAY DIVIDEND WITHIN STIPULATED PERIOD
VIOLATED SECTION 11 (3) OF SEBI ACT, 1992
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 72 |
|
|
G.L.SHARMA
|
|
|
|
SRG INFOTECH (INDIA) LTD.
|
|
DID NOT DESPATCH SHARE CERTIFICATES AFTER ALLOTMENT AND/OR TRANSFER WITHIN STIPULATED PERIOD
VIOLATED SEBI ACT, 1992
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 73 |
|
|
G.VIJAYA LAXMI
|
|
|
|
RICHIMEN SILKS LTD.
CIN:U18100AP1984PLC005033
|
|
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
|
|
| 74 |
|
|
G.VITTAL
|
|
|
|
RICHIMEN SILKS LTD.
CIN:U18100AP1984PLC005033
|
|
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
|
|
| 75 |
|
|
GAGAN OBEROI
|
|
|
|
INFORMATION TECHNOLOGIES (INDIA) LTD.
CIN:U65910UP1994PLC017049
PAN:AAACI1891E
|
|
DID NOT DESPATCH SHARE CERTIFICATES AFTER ALLOTMENT AND/OR TRANSFER WITHIN STIPULATED PERIOD
|
PROSECUTION LAUNCHED
15-MAY-2006
|
CASE DISMISSED BY COURT. REVISION PETITION FILED BY SEBI IS PENDING BEFORE THE ADDITIONAL SESSIONS JUDGE, DELHI
|
| 76 |
|
|
GAUTAM KANTHARIA
|
|
|
|
VATSA CORP.LTD.
|
|
DID NOT PAY DIVIDEND WITHIN STIPULATED PERIOD
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 77 |
|
|
GAUTAM N.JHAVERI
|
|
|
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
|
|
| 78 |
|
|
GAUTAMBHAI KARSANBHAI PATEL
|
|
|
|
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
|
|
| 79 |
|
|
GHANSHYAM PANDEY
(PAN:AEDPP9478A)
|
|
|
|
SHILPI CABLE TECHNOLOGIES LTD.
PAN:AADCR3380E
|
|
INDULGED IN MIS-UTILIZATION OF IPO PROCEEDS AS PER THE OBJECTS STATED IN THE PROSPECTUS VIOLATING SECTION 61 OF COMPANIES ACT, 1956 IN MATTER OF SHILPI CABLE TECHNOLOGIES LTD.
MADE WRONG DISCLOSURE TO STOCK EXCHANGES REGARDING UTILIZATION OF IPO PROCEEDS VIOLATING CLAUSE 43A OF EQUITY LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956 IN MATTER OF SHILPI CABLE TECHNOLOGIES LTD.
MADE WRONG DISCLOSURE TO STOCK EXCHANGES REGARDING UTILIZATION OF IPO PROCEEDS VIOLATING SECTIONS 12(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO 3(D), 4(1), 4(2)(F) AND 4(2)(K) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SHILPI CABLE TECHNOLOGIES LTD.
DID NOT INFORM SHAREHOLDERS THAT THEIR APPROVAL WAS A POST FACTO APPROVAL OF ACTUAL DEPLOYMENT OF IPO PROCEEDS IN MATTER OF SHILPI CABLE TECHNOLOGIES LTD.
DID NOT MAKE DISCLOSURE OF MATERIAL INFORMATION IN RHP/PROSPECTUS IN MATTER OF SHILPI CABLE TECHNOLOGIES LTD.
TRANSFERRED IPO PROCEEDS FOR DUBIOUS TRANSACTIONS TO ENTITIES WHOSE CREDENTIALS WERE QUESTIONABLE IN MATTER OF SHILPI CABLE TECHNOLOGIES LTD.
TRANSFERRED RS.6.05 CRORE OF IPO PROCEEDS TO GROUP COMPANY/ PROMOTER ENTITY IN MATTER OF SHILPI CABLE TECHNOLOGIES LTD.
DID NOT MAKE DISCLOSURE OF ALL MONIES UTILIZED AND UNUTILIZED OUT OF ISSUE PROCEEDS UNDER APPROPRIATE SEPARATE HEADS IN BALANCE-SHEETS VIOLATING CLAUSES 2(XII)(B)(31)(A)(II) AND 2(XII)(B)(31) (A)(III) OF PART A OF SCHEDULE VIII OF SEBI (ICDR) REGULATIONS, 2009 IN MATTER OF SHILPI CABLE TECHNOLOGIES LTD.
|
DIRECTED TO TAKE STEPS TO CALL BACK AND RETURN TO SHILPI CABLE TECHNOLOGIES LTD. RS.50.05 CRORE WHICH WERE DIVERTED/MIS-UTILIZED
DIRECTED TO FURNISH COMPLIANCE REPORT TO SEBI DULY CERTIFIED BY INDEPENDENT SEBI REGISTERED MERCHANT BANKER WITHIN TWO WEEKS OF THE DATE OF COMPLIANCE
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 13-JUN-2023 TO 12-JUN-2024
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 13-JUN-2023 TO 12-JUN-2024
RESTRAINED FROM ASSOCIATED WITH ANY OTHER LISTED COMPANY OR SEBI REGISTERED INTERMEDIARY IN ANY CAPACITY INCLUDING DIRECTOR OR KEY MANAGERIAL PERSON DIRECTLY OR INDIRECTLY FROM 13-JUN-2023 TO 12-JUN-2024
IMPOSED PENALTY RS.5,00,000
13-JUN-2023
|
SAT: SAT VIDE ITS ORDER DATED 04/09/2023 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER. STAYED DIRECTIONS GIVEN IN PARAGRAPH 43.1 AND 43.4 SUBJECT TO DEPOSIT PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
SAT: SAT VIDE ITS ORDER DATED 21/11/2023 ALLOWED APPELLANT THREE WEEKS AND NO MORE TIME TO FILE REJOINDER
|
| 80 |
|
|
GIRISH N.KAMAT
|
|
|
DID NOT PAY DIVIDEND WITHIN STIPULATED PERIOD
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 4 of 18
|
