| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 81 |
|
HEENA KHATOON
(PAN:FGXPK5721G)
|
|
|
|
HEENA ENTERPRISES
PAN:FGXPK5721G
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF CONTINENTAL SEEDS & CHEMICALS LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 29-NOV-2024 TO 28-NOV-2025
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 29-NOV-2024 TO 28-NOV-2025
DIRECTED TO DISGORGE RS.2,24,17,400 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
29-NOV-2024
|
SAT: SAT VIDE ITS ORDER DATED 06/01/2025 GRANTED RESPONDENT FOUR WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER TWO WEEKS THEREAFTER. STAYED IMPUGNED ORDER SUBJECT TO DEPOSIT OF 50% OF PENALTY AMOUNT WITHIN TWO WEEKS FROM DATE OF THIS ORDER AND ALSO STAYED THE DIRECTION IN PARAGRAPH 129.4 SUBJECT TO DEPOSIT OF RS.50 LAC DISGORGEMENT AMOUNT WITHIN TWO WEEKS FROM DATE OF THIS ORDER
SAT: SAT VIDE ITS ORDER DATED 15/01/2025 GRANTED APPELLANTS TWO MORE WEEKS TO DEPOSIT AMOUNT AS DIRECTED ON 06/01/2025
SAT: SAT VIDE ITS ORDER DATED 05/03/2025 GRANTED RESPONDENT SIX WEEKS TO FILE REPLY AND APPELLANTS TO FILE REJOINDER TWO WEEKS THEREAFTER. STAYED THE DIRECTIONS CONTAINED IN PARAGRAPH 129.2, 129.3. 129.5 TO 129.11 OF IMPUGNED ORDER DATED 29/11/2024 SUBJECT TO DEPOSIT OF RS.25 LAC WITHIN TWO WEEKS FROM DATE OF THIS ORDER
SAT: SAT VIDE ITS ORDER DATED 19/03/2025 GRANTED APPELLANT FURTHER TWO WEEKS TO DEPOSIT
SAT: SAT VIDE ITS ORDER DATED 07/07/2025 GRANTED APPELLANT TWO WEEKS TO FILE REJOINDER
SEBI VIDE ITS NOTICE DATED 13/08/2025 DIRECTED TO PAY RS.3,72,76,530.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
|
| 82 |
|
|
HEMANT GHAI
(PAN:AHMPG0327K)
|
|
|
INDULGED IN MISUTILISING POSITION AS A HOST/CO-HOST OF THE SHOW OTHER SHOW/CHANNELS/MEDIA GIVING RECOMMENDATIONS/CONTRIBUTING TO ANY ACTIVITIES RELATED TO SECURITIES MARKET VIOLATING SECTIONS 12A(E) OF SEBI ACT, 1992 AND REGULATIONS 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF CNBC AWAAZ “STOCK 20-20” SHOW
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 19-MAR-2025 TO 18-MAR-2030
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 19-MAR-2025 TO 18-MAR-2030
DIRECTED TO CEASE & DESIST FROM UNDERTAKING, DIRECTLY OR INDIRECTLY ANY ACTIVITY RELATED TO GIVING INVESTMENT ADVICE, SELL OR BUY RECOMMENDATIONS, PUBLISHING OF RESEARCH REPORTS ETC. RELATED TO SECURITIES MARKET FROM 19-MAR-2025 TO 18-MAR-2030
DIRECTED TO OPEN ESCROW ACCOUNT WITH NATIONALISED BANK JOINTLY OR SEVERALLY AND DEPOSIT IMPOUNDED AMOUNT
DIRECTED TO FREEZE BANK ACCOUNTS
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI FROM 19-MAR-2025 TO 18-MAR-2030
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED DEPOSITORIES TO ENSURE THAT NO DEBITS AND/OR CREDITS MADE IN DEMAT ACCOUNTS, HELD JOINTLY OR SEVERALLY, OF ENTITIES AND PERSONS
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED BANKS AND DEPOSITORIES NOT TO DEBIT AND/OR CREDIT, WITHOUT PERMISSION OF SEBI IN RESPECT OF BANK/DEMAT ACCOUNTS, HELD JOINTLY AND SEVERALLY
DIRECTED BANKS AND/OR DEPOSITORIES AND/OR CUSTODIANS TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS
DIRECTED TO DISGORGE RS.3,21,11,604 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
13-JAN-2021
|
SEBI VIDE ITS ORDER DATED 02/09/2021 CONFIRMED ITS DIRECTIONS ISSUED VIDE ITS INTERIM ORDER DATED 13/01/2021
SEBI VIDE ITS ORDER DATED 03/02/2022 DIRECTED TO A) IMPOUND RS.3,90,67,921.00 BEING UNLAWFUL GAINS ALONG WITH INTEREST, IMPOUNDED JOINTLY AND SEVERALLY B) IMPOUNDED THE AMOUNT TILL DISPOSAL OF SCN BEING ISSUED AND SUBJECT TO DIRECTIONS ISSUED IN FINAL ORDER WHILE DISPOSING OF SUCH SCN. AMOUNT TO BE KEPT IN ESCROW ACCOUNT, A LIEN TO BE MARKED IN ESCROW ACCOUNT/S IN FAVOUR OF SEBI AND MONIES KEPT THEREIN SHALL NOT BE RELEASED WITHOUT PERMISSION OF SEBI C) BANK AND DEPOSITORIES NOT TO MAKE DEBITS WITHOUT PERMISSION OF SEBI, IN RESPECT OF BANK ACCOUNTS AND DEMAT ACCOUNTS, AND ENSURE THAT ALL DIRECTIONS ARE STRICTLY ENFORCED D) REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT TILL FURTHER DIRECTION NOT TRANSFER/REDEEMED, JOINTLY OR SEVERALLY E) NOT TO DISPOSE OFF OR ALIENATE ANY OF THEIR ASSETS/PROPERTIES/ SECURITIES
SAT: SAT VIDE ITS ORDER DATED 11/03/2022 CONDONED THE DELAY IN FILING OF APPEAL. DIRECTED TO FILE REPLY IN BOTH APPEALS WITHIN A WEEK FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED ON OR BEFORE NEXT DATE. STAYED THE ORDER DATED 03/02/2022 DIRECTING APPELLANT TO DEPOSIT A FURTHER AMOUNT TOWARDS ALLEGED UNLAWFUL GAINS OF RS.3,90,67,921.00 TILL NEXT DATE OF LISTING
SAT: SAT VIDE ITS ORDER DATED 30/03/2022 ALLOWED THE APPEAL AND QUASHED IMPUGNED ORDER DATED 03/02/2022 AND DIRECTED THAT WTM SHALL HEAR THE MATTER WITHIN SIX WEEKS FROM DATE OF FILING OF REPLY BY THE APPELLANT AND ORDER TO BE PASSED WITHIN TWO MONTHS THEREAFTER
SEBI VIDE ITS ORDER DATED 22/07/2022 DIRECTED SEBI TO RE-INVESTIGATE THE MATTER WITHIN SIX MONTHS FROM THE DATE OF THIS ORDER TO CONCLUDE THE MATTER EXPEDITIOUSLY
SAT: SAT VIDE ITS ORDER DATED 25/08/2022 PARTLY ALLOWED THE APPEALS AND DIRECTED A) AMOUNT OF RS.2,95,18,680.00 REMAIN IN THE ESCROW ACCOUNT DURING PENDENCY OF INVESTIGATION B) SET ASIDE INTERIM DIRECTIONS OF RESTRAINING THE APPELLANTS FROM BUYING, SELLING OR DEALING IN SECURITIES EITHER DIRECTLY OR INDIRECTLY C) ALSO SET ASIDE DIRECTIONS ISSUED AGAINST APPELLANTS TO CEASE AND DESIST, DIRECTLY OR INDIRECTLY, ANY ACTIVITY RELATED TO GIVING INVESTMENT ADVICE, SELL OR BUY RECOMMENDATIONS, PUBLISHING OF RESEARCH REPORTS ETC., RELATED TO SECURITIES MARKET D) RESTRICTIONS PLACED BY RESPONDENT ON ANY BANK ACCOUNT AND/OR DEMAT ACCOUNT OF THE APPELLANTS SHALL BE LIFTED FORTHWITH.
SEBI VIDE ITS ORDER DATED 19/03/2025 DIRECTED TO A) RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FOR FIVE (5) YEARS FROM DATE OF THIS ORDER B) JOINTLY AND SEVERALLY DISGORGE RS.3,21,11,603.54 ALONG WITH SIMPLE INTEREST @12% P.A. FROM 31/03/2020 TILL DATE OF INTERIM ORDER
|
| 83 |
|
|
HIMANSHU MAHENDRABHAI PATEL
(PAN:BEHPP8092K)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH USING SOCIAL MEDIA CHANNEL (TELEGRAM)
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 26-APR-2023 TO 25-APR-2026
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 26-APR-2023 TO 25-APR-2026
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
DIRECTED TO DEPOSIT WRONGFUL GAINS IN ESCROW ACCOUNT
DIRECTED TO DISGORGE RS.1,66,65,883
26-APR-2023
|
SAT: SAT VIDE ITS ORDER DATED 20/07/2023 CONDONED THE DELAY IN FILING OF APPEAL AND DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER. DIRECTIONS OF WTM TO APPELLANT TO PAY PENALTY AMOUNT REMAIN STAYED DURING PENDENCY OF THE APPEAL
SAT: SAT VIDE ITS ORDER DATED 25/09/2023 CONDONED THE DELAY IN FILING OF APPEAL
|
| 84 |
|
|
JAGDISH CHHANABHAI VAGHELA
(PAN:AFPPV2562Q)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR, SYNCHRONISED AND REVERSAL OF TRADE TRANSACTIONS IN MATTER OF DU DIGITAL TECHNOLOGIES LTD. (NOW KNOWN AS DU DIGITAL GLOBAL LTD.)
|
IMPOSED PENALTY RS.8,00,000
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 31-DEC-2025 TO 30-JUN-2027
RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM FROM 31-DEC-2025 TO 30-JUN-2027
DIRECTED TO DISGORGE RS.4,58,562
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
31-DEC-2025
|
|
| 85 |
|
|
JASAVANTBHAI PATEL
(PAN:BJHPP4604A)
(Along with : YAYAATI HASMUKHRAY NADA,
REETABEN ASHVINKUMAR SHUKLA)
|
|
|
INDULGED IN MANIPULATIVE TRADING ACTIVITIES USING SOCIAL MEDIA BY PROVIDING STOCK RECOMMENDATIONS
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 05-FEB-2026 TO 04-FEB-2029
DIRECTED TO DISGORGE RS.38,29,542 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
05-FEB-2026
|
|
| 86 |
|
|
JATIN CHAWLA
(PAN:ADWPC6578N)
|
|
|
TRADED WHILE IN POSSESSION OF UNPUBLISHED PRICE SENSITIVE INFORMATION VIOLATING SECTION 12A(D) AND 12A(E) OF SEBI ACT.1992 AND REGULATIONS 3(2) AND 4(1) OF SEBI (PIT) REGULATIONS, 2015 IN MATTER OF ZEE ENTERTAINMENT ENTERPRISES LTD.
COMMUNICATED UNPUBLISHED PRICE SENSITIVE INFORMATION VIOLATING SECTION 12A(E) OF SEBI ACT. 1992 READ WITH REGULATIONS 3(1) OF SEBI (PIT) REGULATIONS, 1992 AND REGULATION 12 OF SEBI (PIT) REGULATIONS, 2015 IN MATTER OF ZEE ENTERTAINMENT ENTERPRISES LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 31-MAR-2023 TO 31-MAR-2025
DIRECTED TO OPEN ESCROW ACCOUNT WITH NATIONALISED BANK JOINTLY OR SEVERALLY AND DEPOSIT IMPOUNDED AMOUNT
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI FROM 31-MAR-2023 TO 31-MAR-2025
DIRECTED DEPOSITORIES TO ENSURE THAT NO DEBITS AND CREDITS MADE IN DEMAT ACCOUNTS
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 31-MAR-2023 TO 31-MAR-2025
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
DIRECTED TO DISGORGE RS.2,09,77,685
12-AUG-2021
|
SEBI VIDE ITS ORDER DATED 27/09/2021 CONFIRMED THE DIRECTIONS ISSUED VIDE ITS INTERIM ORDER DATED 12/08/2021 SUBJECT TO MODIFICATIONS A) RESTRAINED FROM BUYING, SELLING OR DEALING IN SECURITIES DIRECTLY OR INDIRECTLY, IN ANY MANNER WHATSOEVER UNTIL FURTHER ORDER. PERMITTED TO BUY AND SELL / REDEEM UNITS OF MUTUAL FUNDS B) DIRECTED DEPOSITORIES TO ENSURE, THAT TILL FURTHER DIRECTIONS, CREDITS AND DEBITS OF ONLY MUTUAL FUND UNITS, ARE MADE IN DEMAT ACCOUNTS OF THE NOTICEES HELD INDIVIDUALLY OR JOINTLY AND C) DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT TILL FURTHER DIRECTION ONLY CREDITS AND TRANSFER / REDEMPTION OF MUTUAL FUND UNITS ARE PERMITTED IN THE NAME OF THE NOTICEES, JOINTLY OR SEVERALLY
SAT: SAT VIDE ITS ORDER DATED 03/09/2021 DIRECTED APPELLANTS FILE REPLY AND/OR MOVE APPLICATION FOR VACATION OF IMPUGNED ORDER
SAT: SAT VIDE ITS ORDER DATED 09/11/2021 ALLOWED THE APPEAL AND SET ASIDE IMPUGNED ORDER DATED 27/09/2021
SEBI VIDE ITS ORDER DATED 31/03/2023 RESTRAINED FROM ACCESSING THE SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES (INCLUDING UNITS OF MUTUAL FUNDS), DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER, WHATSOEVER, FOR A PERIOD OF TWO YEARS FROM DATE OF THIS ORDER B) DISGORGE THE AMOUNT OF ILLEGAL GAINS OF RS.2,09,77,685.00 ALONG WITH SIMPLE INTEREST @12% P.A. FROM 23/09/2020 TILL DATE OF ACTUAL PAYMENT C) REMIT DISGORGEMENT AMOUNT TO INVESTOR PROTECTION AND EDUCATION FUND (IPEF) WITHIN FORTY FIVE DAYS FROM DATE OF THIS ORDER
|
| 87 |
|
|
JAYA HEMANT GHAI
(PAN:ADWPT5210G)
|
|
|
INDULGED IN MISUTILISING POSITION AS A HOST/CO-HOST OF THE SHOW OTHER SHOW/CHANNELS/MEDIA GIVING RECOMMENDATIONS/CONTRIBUTING TO ANY ACTIVITIES RELATED TO SECURITIES MARKET VIOLATING SECTIONS 12A(E) OF SEBI ACT, 1992 AND REGULATIONS 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF CNBC AWAAZ “STOCK 20-20” SHOW
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 19-MAR-2025 TO 18-MAR-2030
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 19-MAR-2025 TO 18-MAR-2030
DIRECTED TO CEASE & DESIST FROM UNDERTAKING, DIRECTLY OR INDIRECTLY ANY ACTIVITY RELATED TO GIVING INVESTMENT ADVICE, SELL OR BUY RECOMMENDATIONS, PUBLISHING OF RESEARCH REPORTS ETC. RELATED TO SECURITIES MARKET FROM 19-MAR-2025 TO 18-MAR-2030
DIRECTED TO OPEN ESCROW ACCOUNT WITH NATIONALISED BANK JOINTLY OR SEVERALLY AND DEPOSIT IMPOUNDED AMOUNT
DIRECTED TO FREEZE BANK ACCOUNTS
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI FROM 19-MAR-2025 TO 18-MAR-2030
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED DEPOSITORIES TO ENSURE THAT NO DEBITS AND/OR CREDITS MADE IN DEMAT ACCOUNTS, HELD JOINTLY OR SEVERALLY, OF ENTITIES AND PERSONS
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED BANKS AND DEPOSITORIES NOT TO DEBIT AND/OR CREDIT, WITHOUT PERMISSION OF SEBI IN RESPECT OF BANK/DEMAT ACCOUNTS, HELD JOINTLY AND SEVERALLY
DIRECTED BANKS AND/OR DEPOSITORIES AND/OR CUSTODIANS TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS
DIRECTED TO DISGORGE RS.3,21,11,604 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
13-JAN-2021
|
SEBI VIDE ITS ORDER DATED 02/09/2021 CONFIRMED ITS DIRECTIONS ISSUED VIDE ITS INTERIM ORDER DATED 13/01/2021
SEBI VIDE ITS ORDER DATED 03/02/2022 DIRECTED TO A) IMPOUND RS.3,90,67,921.00 BEING UNLAWFUL GAINS ALONG WITH INTEREST, IMPOUNDED JOINTLY AND SEVERALLY B) IMPOUNDED THE AMOUNT TILL DISPOSAL OF SCN BEING ISSUED AND SUBJECT TO DIRECTIONS ISSUED IN FINAL ORDER WHILE DISPOSING OF SUCH SCN. AMOUNT TO BE KEPT IN ESCROW ACCOUNT, A LIEN TO BE MARKED IN ESCROW ACCOUNT/S IN FAVOUR OF SEBI AND MONIES KEPT THEREIN SHALL NOT BE RELEASED WITHOUT PERMISSION OF SEBI C) BANK AND DEPOSITORIES NOT TO MAKE DEBITS WITHOUT PERMISSION OF SEBI, IN RESPECT OF BANK ACCOUNTS AND DEMAT ACCOUNTS, AND ENSURE THAT ALL DIRECTIONS ARE STRICTLY ENFORCED D) REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT TILL FURTHER DIRECTION NOT TRANSFER/REDEEMED, JOINTLY OR SEVERALLY E) NOT TO DISPOSE OFF OR ALIENATE ANY OF THEIR ASSETS/PROPERTIES/ SECURITIES
SAT: SAT VIDE ITS ORDER DATED 11/03/2022 CONDONED THE DELAY IN FILING OF APPEAL. DIRECTED TO FILE REPLY IN BOTH APPEALS WITHIN A WEEK FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED ON OR BEFORE NEXT DATE. STAYED THE ORDER DATED 03/02/2022 DIRECTING APPELLANT TO DEPOSIT A FURTHER AMOUNT TOWARDS ALLEGED UNLAWFUL GAINS OF RS.3,90,67,921.00 TILL NEXT DATE OF LISTING
SAT: SAT VIDE ITS ORDER DATED 30/03/2022 ALLOWED THE APPEAL AND QUASHED IMPUGNED ORDER DATED 03/02/2022 AND DIRECTED THAT WTM SHALL HEAR THE MATTER WITHIN SIX WEEKS FROM DATE OF FILING OF REPLY BY THE APPELLANT AND ORDER TO BE PASSED WITHIN TWO MONTHS THEREAFTER
SEBI VIDE ITS ORDER DATED 22/07/2022 DIRECTED SEBI TO RE-INVESTIGATE THE MATTER WITHIN SIX MONTHS FROM THE DATE OF THIS ORDER TO CONCLUDE THE MATTER EXPEDITIOUSLY
SAT: SAT VIDE ITS ORDER DATED 25/08/2022 PARTLY ALLOWED THE APPEALS AND DIRECTED A) AMOUNT OF RS.2,95,18,680.00 REMAIN IN THE ESCROW ACCOUNT DURING PENDENCY OF INVESTIGATION B) SET ASIDE INTERIM DIRECTIONS OF RESTRAINING THE APPELLANTS FROM BUYING, SELLING OR DEALING IN SECURITIES EITHER DIRECTLY OR INDIRECTLY C) ALSO SET ASIDE DIRECTIONS ISSUED AGAINST APPELLANTS TO CEASE AND DESIST, DIRECTLY OR INDIRECTLY, ANY ACTIVITY RELATED TO GIVING INVESTMENT ADVICE, SELL OR BUY RECOMMENDATIONS, PUBLISHING OF RESEARCH REPORTS ETC., RELATED TO SECURITIES MARKET D) RESTRICTIONS PLACED BY RESPONDENT ON ANY BANK ACCOUNT AND/OR DEMAT ACCOUNT OF THE APPELLANTS SHALL BE LIFTED FORTHWITH.
SEBI VIDE ITS ORDER DATED 19/03/2025 DIRECTED TO A) RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FOR FIVE (5) YEARS FROM DATE OF THIS ORDER B) JOINTLY AND SEVERALLY DISGORGE RS.3,21,11,603.54 ALONG WITH SIMPLE INTEREST @12% P.A. FROM 31/03/2020 TILL DATE OF INTERIM ORDER
SEBI VIDE ITS ORDER DATED 03/04/2025 PERMITTED TO LIQUIDATE THE SECURITIES HELD IN HER DEMAT ACCOUNT HELD WITH KOTAK SECURITIES LTD. AND PROCEEDS FROM SELLING THE SECURITIES TO BE UTILISED BY MS.JAYA HEMANT GHAI ONLY FOR THE PURPOSE OF COMPLYING WITH THE DIRECTIONS ISSUED VIDE ORDER DATED 19/03/2025
|
| 88 |
|
|
JAYDEV ZALA
(PAN:ABTPZ5894K)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH USING SOCIAL MEDIA CHANNEL (TELEGRAM)
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 26-APR-2023 TO 25-APR-2026
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 26-APR-2023 TO 25-APR-2026
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
DIRECTED TO DEPOSIT WRONGFUL GAINS IN ESCROW ACCOUNT
DIRECTED TO DISGORGE RS.23,32,253
26-APR-2023
|
SAT: SAT VIDE ITS ORDER DATED 20/07/2023 CONDONED THE DELAY IN FILING OF APPEAL AND DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER. DIRECTIONS OF WTM TO APPELLANT TO PAY PENALTY AMOUNT REMAIN STAYED DURING PENDENCY OF THE APPEAL
SAT: SAT VIDE ITS ORDER DATED 25/09/2023 CONDONED THE DELAY IN FILING OF APPEAL
|
| 89 |
|
|
JIGAR D.CHAUDHARI
(PAN:ALUPC1624K)
(Along with : PRIJESH ARUNKUMAR KURANI,
ASHISH PANALAL SHAH,
PRIYANKBHAI VITTHALBHAI PRAJAPATI,
SURAJ GOVINDBHAI PRAJAPATI,
PIYUSH B.PATEL,
NISHIL KANTILAL MALDE)
|
|
|
AIDED AND ABETTED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SVARNIM TRADE UDYOG LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SVARNIM TRADE UDYOG LTD.
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 31-MAY-2024 TO 30-MAY-2029
DIRECTED TO OPEN ESCROW ACCOUNT WITH A NATIONALISED BANK JOINTLY OR SEVERALLY AND DEPOSIT IMPOUNDED AMOUNT TO BE PROCEEDS GENERATED FROM FRONT RUNNING TRADES WITHOUT PERMISSION FROM SEBI
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS AND DEPOSITORIES NOT TO DEBIT AND/OR CREDIT, WITHOUT PERMISSION OF SEBI IN RESPECT OF BANK/DEMAT ACCOUNTS, HELD JOINTLY AND SEVERALLY
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY OF THEIR ASSETS/PROPERTIES/ SECURITIES
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
DIRECTED TO DISGORGE RS.51,95,607 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
31-JAN-2023
|
SEBI VIDE ITS ORDER DATED 31/05/2024 DIRECTED TO A) RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER, WHATSOEVER FOR FIVE YEARS FROM DATE OF THIS ORDER B) DISGORGE RS.51,95,607.40 ALONG WITH SIMPLE INTEREST @ 12% P.A. CALCULATED FROM THE 2ND RECOMMENDATION DAY TILL DATE OF ACTUAL PAYMENT /IMPOUNDING C)AMOUNT TO BE REMITTED TO INVESTOR PROTECTION AND EDUCATION FUND (IPEF) WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER
SEBI VIDE ITS NOTICE DATED 25/03/2026 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS, MUTUAL FUNDS FOLIOS AND/OR POST OFFICE ACCOUNT 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
|
| 90 |
|
|
JIGNESH PRAVINBHAI PETHANI
(PAN:AXWPP3633P)
(Along with : YAYAATI HASMUKHRAY NADA)
|
|
|
INDULGED IN MANIPULATIVE TRADING ACTIVITIES USING SOCIAL MEDIA BY PROVIDING STOCK RECOMMENDATIONS
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 05-FEB-2026 TO 04-FEB-2029
DIRECTED TO DISGORGE RS.37,49,190 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
05-FEB-2026
|
SAT: SAT VIDE ITS ORDER DATED 23/03/2026 GRANTED RESPONDENT EIGHT WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER FOUR WEEKS THEREAFTER.
|
| 91 |
|
|
JIGNESHKUMAR PURSHOTTAMDAS PATEL
(PAN:AQEPP8019J)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH CIRCULAR, SYNCHRONISED AND REVERSAL OF TRADE TRANSACTIONS IN MATTER OF DU DIGITAL TECHNOLOGIES LTD. (NOW KNOWN AS DU DIGITAL GLOBAL LTD.)
DID NOT FURNISH INFORMATION/ DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF DU DIGITAL TECHNOLOGIES LTD. (NOW KNOWN AS DU DIGITAL GLOBAL LTD.)
|
IMPOSED PENALTY RS.8,00,000
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 31-DEC-2025 TO 30-JUN-2027
RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM FROM 31-DEC-2025 TO 30-JUN-2027
DIRECTED TO DISGORGE RS.3,80,312
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
31-DEC-2025
|
|
| 92 |
|
|
KAJAL ILESH SAVLA
(PAN:AAQPD2208R)
|
|
|
INDULGED IN FRONT RUNNING TRADING TRADES IN CASH AND F&O SEGMENTS OF THE MARKET VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(A) TO 3(D), 4(1) AND 4(2)(Q) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF IDBI CAPITAL & SECURITIES MARKETS LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 31-MAY-2024 TO 30-MAY-2027
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 31-MAY-2024 TO 30-MAY-2027
DIRECTED TO DISGORGE RS.1,67,52,329 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
31-MAY-2024
|
SEBI VIDE ITS NOTICE DATED 20/08/2024 DIRECTED TO PAY RS.2,11,53,913.40 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SAT: SAT VIDE ITS ORDER DATED 29/08/2024 CONDONED THE DELAY OF 20 DAYS IN FILING OF APPEAL. PERMITTED APPELLANT TO SELL SHARES AND TO REDEEM THE MUTUAL FUNDS TO THE EXTENT OF RS.34 LAC AND TO DEPOSIT WITH SEBI WITHIN FOUR WEEKS FROM DATE OF THIS ORDER. ALLOWED RESPONDENT SIX WEEKS TO FILE REPLY AND REJOINDER TO FILED WITHIN TWO WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 16/01/2025 CONDONED THE DELAY IN FILING OF REPLY AND APPELLANT SOUGHT THREE WEEKS TO FILE REJOINDER
|
| 93 |
|
|
KAMINI JINDAL
(PAN:AMIPJ8101H)
|
|
|
FRAUDULENTLY GOT THE SHARES WITHOUT PAYING DUE CONSIDERATION IN THE PREFERENTIAL ALLOTMENT VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT. 1992 READ WITH REGULATIONS 3(A) TO 3(D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF VIKAS PROPPANT & GRANITE LTD.
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AS REQUIRED UNDER REGULATIONS 29(2) READ WITH 29(3) OF SAST REGULATIONS, 2011 IN MATTER OF VIKAS PROPPANT & GRANITE LTD.
DELAY IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AS REQUIRED UNDER REGULATIONS 29(2) READ WITH 29(3) OF SAST REGULATIONS, 2011 IN MATTER OF VIKAS PROPPANT & GRANITE LTD.
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 15-JAN-2024 TO 14-JAN-2027
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY OF THEIR ASSETS / PROPERTIES / SECURITIES, TILL SUCH TIME UNLAWFUL GAINS ARE CREDITED TO ESCROW ACCOUNT
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
IMPOSED PENALTY RS.7,00,000
15-JAN-2024
|
SAT: SAT VIDE ITS ORDER DATED 12/08/2024 GRANTED SEBI, TWO WEEKS TO FILE REPLY WITH LIBERTY TO COMPLETE PLEADINGS ON BOTH SIDES
SAT: SAT VIDE ITS ORDER DATED 30/08/2024 GRANTED RESPONDENT FOUR WEEKS TO FILE REPLY AND REJOINDER TO BE FILED WITHIN TWO WEEKS THEREAFTER
SEBI VIDE ITS NOTICE DATED 27/12/2024 DIRECTED TO PAY RS.7,85,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 23/01/2025 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS 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
|
| 94 |
|
|
KAUSHAL CHANDARANA
(PAN:ABJPC5129L)
(Along with : MANISHKUMAR SUMATILAL MEHTA)
|
|
|
|
NINJA SECURITIES PVT.LTD.
PAN:AAACN2336B
|
|
INDULGED IN FRONT RUNNING TRADING ACTIVITIES VIOLATING SECTIONS 12A(A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO (D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003
|
DIRECTED TO DISGORGE RS.2,04,83,412 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO DEPOSIT WRONGFUL GAINS IN ESCROW ACCOUNT
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS AND/OR DEPOSITORIES AND/OR CUSTODIANS TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS
ALLOWED BANKS TO DEBIT FOR THE PURPOSE OF MAKING REFUNDS TO CLIENTS/INVESTORS/COMPLAINANTS
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY OF THEIR ASSETS / PROPERTIES / SECURITIES, TILL SUCH TIME UNLAWFUL GAINS ARE CREDITED TO ESCROW ACCOUNT
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
28-MAR-2023
|
SAT: SAT VIDE ITS ORDER DATED 13/04/2023 DIRECTED A) RESPONDENT TO FILE REPLY WITHIN A WEEK FROM DATE OF THIS ORDER B) SET ASIDE DIRECTION IN PARA 51.1 OF IMPUGNED ORDER DATED 28/03/2023 FOR RESTRAINED FROM BUYING, SELLING OR DEALING IN SECURITIES MARKET OR ASSOCIATING THEMSELVES WITH SECURITIES MARKET, EITHER DIRECTLY OR INDIRECTLY, IN ANY MANNER WHATSOEVER UNTIL FURTHER ORDERS C) APPELLANT TO DEPOSIT 50% AMOUNT IN ESCROW ACCOUNT. UPON DEPOSIT, THEIR BANK ACCOUNTS, DEMAT ACCOUNTS ETC. WILL BE DEFREEZED FORTHWITH
SAT: SAT VIDE ITS ORDER DATED 27/04/2023 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED TEN DAYS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 11/05/2023 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED THE APPLICATION
SEBI VIDE ITS ORDER DATED 21/03/2024 A) DIRECTED TO DISGORGE OF RS.2,04,83,412.00 JOINTLY AND SEVERALLY ALONG WITH SIMPLE INTEREST @12% P.A. FROM THE LAST DATE OF FRONT-RUN TRADES (I.E. 30/09/2022) TILL THE DATE OF ACTUAL PAYMENT B) PERMITTED TO UTILIZE RS.1.12 CRORE ALREADY DEPOSITED BY THE NOTICEES IN THE ESCROW ACCOUNT, ALONG WITH ACCRUED INTEREST, IF ANY, FOR THE PURPOSE OF DISGORGEMENT C) AMOUNT TO BE REMITTED TO INVESTOR PROTECTION AND EDUCATION FUND (IPEF) WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER
|
| 95 |
|
|
KAUSHAL CHANDARANA
(PAN:ABJPC5129L)
(Along with : MANISHKUMAR SUMATILAL MEHTA)
|
|
|
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BANHEM STOCK BROKING PVT.LTD.
PAN:AACCB5251H
|
|
INDULGED IN FRONT RUNNING TRADING ACTIVITIES VIOLATING SECTIONS 12A(A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(A) TO (D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003
|
DIRECTED TO DISGORGE RS.18,63,438 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO DEPOSIT WRONGFUL GAINS IN ESCROW ACCOUNT
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS AND/OR DEPOSITORIES AND/OR CUSTODIANS TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS
ALLOWED BANKS TO DEBIT FOR THE PURPOSE OF MAKING REFUNDS TO CLIENTS/INVESTORS/COMPLAINANTS
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY OF THEIR ASSETS / PROPERTIES / SECURITIES, TILL SUCH TIME UNLAWFUL GAINS ARE CREDITED TO ESCROW ACCOUNT
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
28-MAR-2023
|
SAT: SAT VIDE ITS ORDER DATED 13/04/2023 DIRECTED A) RESPONDENT TO FILE REPLY WITHIN A WEEK FROM DATE OF THIS ORDER B) SET ASIDE DIRECTION IN PARA 51.1 OF IMPUGNED ORDER DATED 28/03/2023 FOR RESTRAINED FROM BUYING, SELLING OR DEALING IN SECURITIES MARKET OR ASSOCIATING THEMSELVES WITH SECURITIES MARKET, EITHER DIRECTLY OR INDIRECTLY, IN ANY MANNER WHATSOEVER UNTIL FURTHER ORDERS C) APPELLANT TO DEPOSIT 50% AMOUNT IN ESCROW ACCOUNT. UPON DEPOSIT, THEIR BANK ACCOUNTS, DEMAT ACCOUNTS ETC. WILL BE DEFREEZED FORTHWITH
SAT: SAT VIDE ITS ORDER DATED 27/04/2023 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED TEN DAYS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 11/05/2023 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED THE APPLICATION
SEBI VIDE ITS ORDER DATED 21/03/2024 DIRECTED TO A) DIRECTED TO DISGORGE RS.18,63,438.00 JOINTLY AND SEVERALLY ALONG WITH SIMPLE INTEREST @12% P.A. FROM LAST DATE OF FRONT-RUN TRADES (I.E. 30/09/2022) TILL THE DATE OF ACTUAL PAYMENT B) PERMITTED TO UTILIZE RS.1.12 CRORE ALREADY DEPOSITED BY THE NOTICEES IN THE ESCROW ACCOUNT, ALONG WITH ACCRUED INTEREST, IF ANY, FOR THE PURPOSE OF DISGORGEMENT C) AMOUNT TO BE REMITTED TO INVESTOR PROTECTION AND EDUCATION FUND (IPEF) WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER
|
| 96 |
|
|
KEYUR MANIAR
(PAN:AEHPM2560E)
|
|
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TRADED WHILE IN POSSESSION OF UNPUBLISHED PRICE SENSITIVE INFORMATION VIOLATING SECTION 12A(D) AND 12A(E) OF SEBI ACT, 1992 AND REGULATIONS 3(2) AND 4(1) OF SEBI (PIT) REGULATIONS, 2015 IN MATTER OF INFOSYS LTD.
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 31-JAN-2025 TO 30-JAN-2026
DIRECTED TO IMPOUND BANK ACCOUNTS
DIRECTED TO OPEN ESCROW ACCOUNT WITH NATIONALISED BANK JOINTLY OR SEVERALLY AND DEPOSIT IMPOUNDED AMOUNT
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
DIRECTED BANKS TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI FROM 31-JAN-2025 TO 30-JAN-2026
DIRECTED BANKS TO ENSURE THAT NO DEBITS ARE MADE IN BANK ACCOUNTS HELD JOINTLY OR SEVERALLY
DIRECTED DEPOSITORIES TO ENSURE THAT NO DEBITS AND/OR CREDITS MADE IN DEMAT ACCOUNTS, HELD JOINTLY OR SEVERALLY, OF ENTITIES AND PERSONS
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED TO DISGORGE RS.2,60,70,624
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
27-SEP-2021
|
SAT: SAT VIDE ITS ORDER DATED 27/10/2021 DISPOSED OFF THE APPEAL WITH THE DIRECTION THAT IT WOULD BE OPEN TO APPELLANT TO FILE REPLY ALONG WITH STAY VACATING APPLICATION WITHIN TWO WEEKS FROM DATE OF THIS ORDER
SEBI VIDE ITS ORDER DATED 13/12/2021 CONFIRMED DIRECTIONS ISSUED VIDE ITS EX-PARTE AD-INTERIM ORDER DATED 27/09/2021 SUBJECT TO MODIFICATION: A) NOT APPLY TO INVESTMENT IN MUTUAL FUNDS B) ALLOWED CREDIT OF SECURITIES AND CREDIT & DEBIT OF MUTUAL FUND UNITS IN THE ACCOUNTS AND C) CLARIFIED THAT THE FUNDS DEPOSITED BY NOTICE IN INTEREST BEARING ESCROW ACCOUNT WILL REMAIN IN SAID ACCOUNT WITH LIEN IN FAVOUR OF SEBI UNTIL FURTHER ORDERS
SAT: SAT VIDE ITS ORDER DATED 22/11/2021 DISPOSED OF THE APPLICATIONS. DIRECTED WTM TO HEAR THE MATTER ON 01/12/2021 AND PASS APPROPRIATE ORDER ON OR BEFORE 15/12/2021
SAT: SAT VIDE ITS ORDER DATED 17/01/2022 DISPOSED OFF THE URGENCY APPLICATION BY DIRECTING REPLY TO BE FILED WITHIN 10 DAYS AND REJOINDER ON OR BEFORE NEXT DATE
SAT: SAT VIDE ITS ORDER DATED 30/03/2022 PARTLY ALLOWED THE APPEAL AND MODIFY THE INTERIM ORDER AS WELL AS THE CONFIRMATORY ORDER TO EXTENT THAT THE DIRECTION TO DEPOSIT THE ALLEGED UNLAWFUL GAINS OF RS. 261.30 LAC IN ESCROW ACCOUNT WILL CONTINUE TO OPERATE TILL FINAL ORDER ARE PASSED BY THE WTM PURSUANT TO SHOW CAUSE NOTICE. SET ASIDED INTERIM ORDER AS WELL AS CONFIMATORY ORDERS DATED 13/12/2021 AND 27/09/2021
SEBI VIDE ITS ORDER DATED 31/01/2025 DIRECTED TO A) RESTRAINED FROM ACCESSING THE SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES (INCLUDING UNITS OF MUTUAL FUNDS), DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER WHATSOEVER FOR A PERIOD OF ONE YEAR FROM DATE OF THIS ORDER B) DISGORGE AMOUNT OF RS.2,60,70,624.00 ALONG WITH SIMPLE INTEREST @ 12% P.A. FROM 17/07/2020 TILL THE DATE OF DEPOSIT INTO THE ESCROW ACCOUNT C) AMOUNT TO BE REMITTED TO INVESTOR PROTECTION AND EDUCATION FUND (IPEF) WITHIN FORTY FIVE DAYS FROM DATE OF THIS ORDER
|
| 97 |
|
|
KIRTIDAN K.GADHAVI
(PAN:AJAPG0901B)
(Along with : RAJNEESH KUMAR,
ASHISH PANALAL SHAH)
|
|
|
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SPLENDID HOTELS RESORTS PVT.LTD.
PAN:AASCS5684F
|
|
AIDED AND ABETTED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SUPERIOR FINLEASE LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SUPERIOR FINLEASE LTD.
|
DIRECTED TO DISGORGE RS.12,81,000 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO OPEN ESCROW ACCOUNT WITH NATIONALISED BANK JOINTLY OR SEVERALLY AND DEPOSIT IMPOUNDED AMOUNT
DIRECTED BANKS TO ENSURE THAT NO DEBITS ARE MADE IN BANK ACCOUNTS HELD JOINTLY OR SEVERALLY
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI FROM 22-MAY-2024 TO 21-MAY-2029
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 22-MAY-2024 TO 21-MAY-2029
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 22-MAY-2024 TO 21-MAY-2029
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
25-JAN-2023
|
SEBI VIDE ITS ORDER DATED 22/05/2024 DIRECTED TO A) RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER, WHATSOEVER FOR FIVE YEARS FROM DATE OF THIS ORDER B) DISGORGE RS.12.81 LAC ALONG WITH SIMPLE INTEREST @ 12% P.A. CALCULATED FROM 14/09/2021 TILL DATE OF ACTUAL PAYMENT /IMPOUNDING AND AMOUNT TO BE REMITTED TO IPEF WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER
SEBI VIDE ITS NOTICE DATED 22/11/2024 DIRECTED TO PAY RS.13,71,670.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 14/01/2025 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS 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
SAT: SAT VIDE ITS ORDER DATED 14/01/2026 PARTLY ALLOWED THE APPEAL BY MODIFYING DISGORGEMENT AMOUNT TO RS 14.78 LAC PAYABLE JOINTLY WITH MR.ASHISH PANALAL SHAH. NO COSTS
|
| 98 |
|
|
KIRTIDAN K.GADHAVI
(PAN:AJAPG0901B)
(Along with : RAJNEESH KUMAR,
ASHISH PANALAL SHAH)
|
|
|
|
BALLEY BUILDERS & DEVELOPERS PVT.LTD.
PAN:AACCB7383E
|
|
AIDED AND ABETTED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SUPERIOR FINLEASE LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SUPERIOR FINLEASE LTD.
|
DIRECTED TO DISGORGE RS.2,13,000 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO OPEN ESCROW ACCOUNT WITH NATIONALISED BANK JOINTLY OR SEVERALLY AND DEPOSIT IMPOUNDED AMOUNT
DIRECTED BANKS TO ENSURE THAT NO DEBITS ARE MADE IN BANK ACCOUNTS HELD JOINTLY OR SEVERALLY
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI FROM 22-MAY-2024 TO 21-MAY-2029
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 22-MAY-2024 TO 21-MAY-2029
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 22-MAY-2024 TO 21-MAY-2029
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
25-JAN-2023
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SEBI VIDE ITS ORDER DATED 22/05/2024 DIRECTED TO A) RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER, WHATSOEVER FOR FIVE YEARS FROM DATE OF THIS ORDER B) DISGORGE RS.2.13 LAC ALONG WITH SIMPLE INTEREST @ 12% P.A. CALCULATED FROM 14/09/2021 TILL DATE OF ACTUAL PAYMENT /IMPOUNDING AND AMOUNT TO BE REMITTED TO IPEF WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER
SEBI VIDE ITS NOTICE DATED 22/11/2024 DIRECTED TO PAY RS.22,8,910.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 14/01/2025 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS 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
SAT: SAT VIDE ITS ORDER DATED 14/01/2026 PARTLY ALLOWED THE APPEAL BY MODIFYING DISGORGEMENT AMOUNT TO RS 14.78 LAC PAYABLE JOINTLY WITH MR.ASHISH PANALAL SHAH. NO COSTS
|
| 99 |
|
|
KIRTIDAN K.GADHAVI
(PAN:AJAPG0901B)
(Along with : RAJNEESH KUMAR,
ASHISH PANALAL SHAH,
SANJAY KUMAR PATHAK)
|
|
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AIDED AND ABETTED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SUPERIOR FINLEASE LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SUPERIOR FINLEASE LTD.
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DIRECTED TO DISGORGE RS.1,52,000 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO OPEN ESCROW ACCOUNT WITH NATIONALISED BANK JOINTLY OR SEVERALLY AND DEPOSIT IMPOUNDED AMOUNT
DIRECTED BANKS TO ENSURE THAT NO DEBITS ARE MADE IN BANK ACCOUNTS HELD JOINTLY OR SEVERALLY
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI FROM 22-MAY-2024 TO 21-MAY-2029
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 22-MAY-2024 TO 21-MAY-2029
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 22-MAY-2024 TO 21-MAY-2029
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
25-JAN-2023
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SEBI VIDE ITS ORDER DATED 22/05/2024 DIRECTED TO A) RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER, WHATSOEVER FOR FIVE YEARS FROM DATE OF THIS ORDER B) DISGORGE RS.1.52 LAC ALONG WITH SIMPLE INTEREST @ 12% P.A. CALCULATED FROM 14/09/2021 TILL DATE OF ACTUAL PAYMENT /IMPOUNDING AND AMOUNT TO BE REMITTED TO IPEF WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER
SEBI VIDE ITS NOTICE DATED 09/12/2024 DIRECTED TO PAY RS.2,13,800.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 14/01/2025 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS 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
SAT: SAT VIDE ITS ORDER DATED 14/01/2026 PARTLY ALLOWED THE APPEAL BY MODIFYING DISGORGEMENT AMOUNT TO RS 14.78 LAC PAYABLE JOINTLY WITH MR.ASHISH PANALAL SHAH. NO COSTS
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| 100 |
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KIRTIDAN K.GADHAVI
(PAN:AJAPG0901B)
(Along with : RAJNEESH KUMAR,
ASHISH PANALAL SHAH,
ASHISH KUMAR SINGH)
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AIDED AND ABETTED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SUPERIOR FINLEASE LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SUPERIOR FINLEASE LTD.
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DIRECTED TO DISGORGE RS.71,35,000 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO OPEN ESCROW ACCOUNT WITH NATIONALISED BANK JOINTLY OR SEVERALLY AND DEPOSIT IMPOUNDED AMOUNT
DIRECTED BANKS TO ENSURE THAT NO DEBITS ARE MADE IN BANK ACCOUNTS HELD JOINTLY OR SEVERALLY
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI FROM 22-MAY-2024 TO 21-MAY-2029
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 22-MAY-2024 TO 21-MAY-2029
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 22-MAY-2024 TO 21-MAY-2029
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
25-JAN-2023
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SEBI VIDE ITS ORDER DATED 22/05/2024 DIRECTED TO A) RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER, WHATSOEVER FOR FIVE YEARS FROM DATE OF THIS ORDER B) DISGORGE RS.71.35 LAC ALONG WITH SIMPLE INTEREST @ 12% P.A. CALCULATED FROM 14/09/2021 TILL DATE OF ACTUAL PAYMENT /IMPOUNDING AND AMOUNT TO BE REMITTED TO IPEF WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER
SEBI VIDE ITS NOTICE DATED 22/11/2024 DIRECTED TO PAY RS.76,35,450.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 14/01/2025 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS 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
SAT: SAT VIDE ITS ORDER DATED 14/01/2026 PARTLY ALLOWED THE APPEAL BY MODIFYING DISGORGEMENT AMOUNT TO RS 14.78 LAC PAYABLE JOINTLY WITH MR.ASHISH PANALAL SHAH. NO COSTS
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| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
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