| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 121 |
|
CHANDER KAMAL BALJEE
(PAN:ACTPB3357L)
|
|
|
|
ROYAL ORCHID HOTELS LTD.
PAN:AABCR0111M
|
|
MISREPRESENTED / MISSTATED / MANIPULATED ITS CONSOLIDATED FINANCIAL STATEMENTS VIOLATING SECTIONS 12A(A) TO 12A(C) AND REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(E), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ROYAL ORCHID HOTELS LTD.
MISREPRESENTED / MISSTATED / MANIPULATED ITS CONSOLIDATED FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1), 33(1)(A), 33(1)(C), 33(3)(B), 34(2)(B), 34(3) AND 48 OF SEBI (LODR) REGULATIONS, 2003 IN MATTER OF ROYAL ORCHID HOTELS LTD.
MISREPRESENTED / MISSTATED / MANIPULATED ITS CONSOLIDATED FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(2), 4(2)(F)(II)(6), 4(2)(F)(II)(7), 4(2)(F)(III)(7) OF SEBI (LODR) REGULATIONS 2015 AND/OR READ WITH SECTION 27 OF SEBI ACT, 1992 IN MATTER OF ROYAL ORCHID HOTELS LTD.
ISSUED FALSE AND MISLEADING CERTIFICATE UNDER REGULATIONS 17(8) OF SEBI (LODR) REGULATION, 2015 READ WITH SECTION 27 OF SEBI ACT, 1992 IN MATTER OF ROYAL ORCHID HOTELS LTD.
|
DIRECTED TO MAKE DISCLOSURE OF FINANCIAL STATEMENTS OF KSHEERSAGAR DEVELOPERS PVT.LTD. TO STOCK EXCHANGES ALONG WITH AUDIT REPORT FOR FY. 2021-22, FY.2022-23 AND FY.2023-24 WITHIN ONE MONTH FROM DATE OF ORDER
DIRECTED TO FILE A REPORT DULY CERTIFIED BY PER REVIEWED CHARTERED ACCOUNTANT DETAILING IMPACT ON CONSOLIDATED FINANCIAL STATEMENTS OF ROYAL ORCHID HOTELS LTD. FOR FY.2021-22, FY.2022-23 AND FY.2023-24 TO STOCK EXCHANGES
IMPOSED PENALTY RS.6,00,000
11-OCT-2024
|
SAT: SAT VIDE ITS ORDER DATED 08/01/2025 CONDONED THE DELAY IN FILING OF APPEAL AND GRANTED TWO WEEKS TO FILE REJOINDER
|
| 122 |
|
|
CHANDER KAMAL BALJEE
(PAN:ACTPB3357L)
|
|
|
|
ROYAL ORCHID HOTELS LTD.
PAN:AABCR0111M
|
|
MISREPRESENTED / MISSTATED / MANIPULATED ITS CONSOLIDATED FINANCIAL STATEMENTS VIOLATING SECTIONS 12A(A) TO 12A(C) AND REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(E), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ROYAL ORCHID HOTELS LTD.
ISSUED FALSE AND MISLEADING CERTIFICATE UNDER REGULATIONS 17(8) OF SEBI (LODR) REGULATION, 2015 READ WITH SECTION 27 OF SEBI ACT, 1992 IN MATTER OF ROYAL ORCHID HOTELS LTD.
MISREPRESENTED / MISSTATED / MANIPULATED ITS CONSOLIDATED FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1), 33(1)(A), 33(1)(C), 33(3)(B), 34(2)(B), 34(3) AND 48 OF SEBI (LODR) REGULATIONS, 2003 IN MATTER OF ROYAL ORCHID HOTELS LTD.
MISREPRESENTED / MISSTATED / MANIPULATED ITS CONSOLIDATED FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(2), 4(2)(F)(II)(6), 4(2)(F)(II)(7), 4(2)(F)(III)(7) OF SEBI (LODR) REGULATIONS 2015 AND/OR READ WITH SECTION 27 OF SEBI ACT, 1992 IN MATTER OF ROYAL ORCHID HOTELS LTD.
|
DIRECTED TO FILE PUBLIC DISCLOSURE TO STOCK EXCHANGES WITHIN SEVEN DAYS FROM DATE OF RECEIPT THIS ORDER
DIRECTED AUDIT COMMITTEE AND BOARD OF DIRECTORS TO REVIEW THE DECISION OF CLASSIFICATION OF KSDPL AND CONSOLIDATED FINANCIAL STATEMENTS FOR F.Y.2021-22
DIRECTED TO FILE A REPORT DETAILING CHANGES TO CONSOLIDATED FINANCIAL STATEMENTS FOR F.Y. 2021-22 AND ITS IMPACT WITHIN ONE MONTH FROM DATE OF THIS ORDER TO STOCK EXCHANGES
DIRECTED AUDIT COMMITTEE OF ROYAL ORCHID HOTELS LTD. TO ENHANCE THE OVERSIGHT OF FINANCIAL REPORTING PROCESS AND DISCLOSURE OF ITS FINANCIAL INFORMATION
31-MAR-2023
|
SAT: SAT VIDE ITS ORDER DATED 09/05/2023 ALLOWED URGENCY APPLICATION. DIRECTED RESPONDENT TO FILE REPLY WITHIN TWO WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED WITHIN TWO WEEKS THEREAFTER AND STAYED EFFECT AND OPERATION OF IMPUGNED ORDER TILL NEXT DATE OF LISTING
SAT: SAT VIDE ITS ORDER DATED 17/08/2023 DISPOSED OF THE APPEAL AND DIRECTED APPELLANT TO FILE REPLY TO SCN WITHIN THREE WEEKS FROM DATE OF THIS ORDER
|
| 123 |
|
|
CHANDER MOHAN MARWAH
(PAN:AEVPM6898R)
|
|
|
|
JAI MATA GLASS LTD.
CIN:L26101HP1981PLC004430
PAN:AAACJ3873F
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF JAI MATA GLASS LTD. AND SUBSIDIARIES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(F) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF JAI MATA GLASS LTD.
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF JAI MATA GLASS LTD. AND SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II)(6), (7), 4(2)(F)(III)(2) (3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF JAI MATA GLASS LTD.
DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF JAI MATA GLASS LTD.
ISSUED UNTRUE CERTIFICATES WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) READ WITH PART B OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF JAI MATA GLASS 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 23-NOV-2021 TO 22-NOV-2022
IMPOSED PENALTY RS.7,50,000
23-NOV-2021
|
|
| 124 |
|
|
CHANDRASEKARAN RAMAKRISHNAN
(PAN:AABPC6055C)
|
|
|
|
PNB HOUSING FINANCE LTD.
PAN:AAACP3682N
|
|
ALLEGED FAILURE IN OBTAINING REGISTERED VALUER’S REPORT IN ACCORDANCE WITH ARTICLE 19(2) OF ARTICLES OF ASSOCIATION (AOA) OF COMPANY VIOLATING REGULATIONS 4(2)(F)(III)(3), (6) AND (7) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF PNB HOUSING FINANCE LTD.
ALLEGED FAILURE TO TAKE INTO ACCOUNT THE INTERESTS OF ALL STAKEHOLDER BY NOT ACCOUNTING FOR CONTROL PREMIUM IN PRICING OF THE PREFERENTIAL ISSUE VIOLATING REGULATIONS 4(2)(F)(III)(3), (6) AND (7) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF PNB HOUSING FINANCE LTD.
ALLEGED FAILURE IN MAKING ADEQUATE AND TIMELY DISCLOSURE OF MATERIAL INFORMATION TO STOCK EXCHANGES VIOLATING REGULATIONS 4(1)(D), 4(1)(H), 4(2)(B), 4(2)(E)(I), 4(2)(E)(II) AND 30(12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF PNB HOUSING FINANCE LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.28,50,000, INTEREST RS.44,26,533 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
18-JUL-2022
|
|
| 125 |
|
|
CHANDRESH JAIN
(PAN:ADIPJ9389G)
|
|
|
ALLEGED MISREPRESENTATION/MISSTATEMENT OF FINANCIAL STATEMENTS THROUGH FICTITIOUS TRANSACTIONS IN MATTER OF ADD-SHOP E-RETAIL LTD. AND WHITE ORGANIC AGRO LTD.
ALLEGED FALSIFIED DETAILS OF ATTENDANCE OF INDEPENDENT DIRECTORS IN AUDIT
COMMITTEE MEETING AND BOARD MEETINGS IN MATTER OF ADD-SHOP E-RETAIL LTD. AND WHITE ORGANIC AGRO LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.13,65,000 VIDE CONSENT ORDER)
05-MAR-2025
|
|
| 126 |
|
|
CHERYL SHAH
(PAN:AWJPS0540A)
|
|
|
|
SEACOAST SHIPPING SERVICES LTD.
PAN:AACCM2171R
|
|
DID NOT DISCHARGE BASIC DUTY AS DIRECTORS AND MEMBERS OF AUDIT COMMITTEE VIOLATING REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(2), 4(2)(F)(II)(6), 4(2)(F)(II)(7), 4(2)(F)(II)(8) AND 18(3) READ WITH PARA A OF PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SEACOAST SHIPPING SERVICES LTD.
|
RESTRAINED FROM ACTING AS DIRECTOR/KEY MANAGERIAL PERSONNEL OF ANY LISTED COMPANY OR SUBSIDIARY OR ANY COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC OR ANY SEBI REGISTERED INTERMEDIARY FROM 24-SEP-2025 TO 23-SEP-2026
30-SEP-2024
IMPOSED PENALTY RS.8,00,000
24-SEP-2025
|
SAT: SAT VIDE ITS ORDER DATED 06/12/2024 DISMISSED THE APPEAL WITH LIBERTY TO APPELLANTS TO RAISE ALL CONTENTIONS BEFORE THE WTM OF SEBI
SAT: SAT VIDE ITS ORDER DATED 06/05/2025 EXTENDED TIME TILL 30/09/2025
SEBI VIDE ITS ORDER DATED 24/09/2025 DIRECTED TO B) RESTRAINED FROM ASSOCIATING HIMSELF WITH ANY INTERMEDIARIES REGISTERED WITH SEBI, ANY LISTED PUBLIC COMPANY OR ANY COMPANY THAT INTENDS TO RAISE MONEY FROM PUBLIC IN ANY MANNER WHATSOEVER INCLUDING AS A DIRECTOR OR KEY MANAGERIAL PERSONNEL FOR ONE YEAR FROM DATE OF THIS ORDER B) IMPOSED PENALTY OF RS.8 LAC U/S 15HB OF SEBI ACT. AND PAY WITHIN FORTY-FIVE (45) DAYS FROM DATE OF RECEIPT OF THIS ORDER
SEBI VIDE ITS NOTICE DATED 14/05/2026 DIRECTED TO PAY RS.8,73,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 03/06/2026 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
SEBI VIDE ITS NOTICE DATED 04/08/2026 ALLOWED THE APPEAL AND DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUND FOLIOS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 03/06/2026
SEBI VIDE ITS ORDER DATED 04/08/2026 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.9111 OF 2026 DATED 14/05/2026
|
| 127 |
|
|
CHETAN SUKHDEV PANDIT
(PAN:AGJPP0477F)
|
|
|
MISUSED NAMES OF CHARTERED ACCOUNTANTS AS STATUTORY AUDITORS IN FINANCIAL STATEMENTS AND FILED FRAUDULENT AUDIT REPORTS AND DID NOT SUBMIT TRUE AND FAIR AUDITED FINANCIAL STATEMENTS TO STOCK EXCHANGES VIOLATING SECTION 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(D), 4(2)(F) AND 4(2)(K) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ACIL COTTON INDUSTRIES LTD., UNIVERSAL CREDIT & SECURITIES LTD., MINDVISION CAPITAL LTD. AND RFL INTERNATIONAL LTD.
MISUSED NAMES OF CHARTERED ACCOUNTANTS AS STATUTORY AUDITORS IN FINANCIAL STATEMENTS AND FILED FRAUDULENT AUDIT REPORTS AND DID NOT SUBMIT TRUE AND FAIR AUDITED FINANCIAL STATEMENTS TO STOCK EXCHANGES VIOLATING REGULATION 4(1)(B), (C), (G), (J), 33(1)(D), 33(3)(D), (E), 34(2)(A) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ACIL COTTON INDUSTRIES LTD., UNIVERSAL CREDIT & SECURITIES LTD., MINDVISION CAPITAL LTD. AND RFL INTERNATIONAL LTD.
MISUSED NAMES OF CHARTERED ACCOUNTANTS AS STATUTORY AUDITORS IN FINANCIAL STATEMENTS AND FILED FRAUDULENT AUDIT REPORTS AND DID NOT SUBMIT TRUE AND FAIR AUDITED FINANCIAL STATEMENTS TO STOCK EXCHANGES VIOLATING CLAUSE 41(I)(D)(IV), AND (V) OF LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956 IN MATTER OF ACIL COTTON INDUSTRIES LTD., UNIVERSAL CREDIT & SECURITIES LTD., MINDVISION CAPITAL LTD. AND RFL INTERNATIONAL LTD.
DID NOT PERSONALLY APPEAR AND/OR PROVIDE NECESSARY INFORMATION / DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF ACIL COTTON INDUSTRIES LTD., UNIVERSAL CREDIT & SECURITIES LTD., MINDVISION CAPITAL LTD. AND RFL INTERNATIONAL LTD.
|
IMPOSED PENALTY RS.8,00,000
21-OCT-2022
|
SEBI VIDE ITS NOTICE DATED 16/10/2023 DIRECTED TO PAY RS.8,00,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 08/11/2023 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
SEBI VIDE ITS NOTICE DATED 15/12/2023 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.9,21,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTG
SAT: SAT VIDE ITS ORDER DATED 20/03/2024 ALLOWED RESPONDENT TWO WEEKS TO FILE REPLY A SHORT REPLY ON THE DELAY ASPECT
SEBI VIDE ITS NOTICE DATED 27/03/2024 ALLOWED THE APPEAL AND DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUND FOLIOS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 08/11/2023
SEBI VIDE ITS ORDER DATED 27/03/2024 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.7232 OF 2023 DATED 16/10/2023
SAT: SAT VIDE ITS ORDER DATED 17/04/2024 ALLOWED APPELLANTS TWO WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 08/05/2024 CONDONED THE DELAY OF SIX DAYS IN FILING OF REJOINDER
SAT: SAT VIDE ITS ORDER DATED 22/10/2024 ALLOWED THE APPEALS AND MATTER REMITTED TO SEBI TO PASS FRESH ORDERS
SEBI VIDE ITS NOTICE DATED 11/04/2025 CANCELLED RECOVERY CERTIFICATE AS PER SAT ORDER DATED 22/10/2024
SEBI VIDE ITS ORDER DATED 23/05/2025 DISPOSED OF ADJUDICATION PROCEEDINGS WITHOUT ANY PENALTY
|
| 128 |
|
|
CHIRAG JANARDAN DOSHI
(PAN:AEGPD2611G)
|
|
|
|
MANPASAND BEVERAGES LTD.
CIN:L15549GJ2010PLC063283
PAN:AAHCM1210E
|
|
DID NOT MONITOR UTILIZATION OF ISSUE PROCEEDS OF VIOLATING REGULATION 18(3) READ WITH PARA (A)(6) OF PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF MANPASAND BEVERAGES LTD.
|
IMPOSED PENALTY RS.2,00,000
02-MAR-2023
|
SAT: SAT VIDE ITS ORDER DATED 01/05/2023 ALLOWED RESPONDENT THREE WEEKS TO FILE REPLY AND DIRECTED APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
SEBI VIDE ITS NOTICE DATED 20/07/2023 DIRECTED TO PAY RS.2,11,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 01/08/2023 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.6929 OF 2023 DATED 20/07/2023
|
| 129 |
|
|
CHIRAG JANARDAN DOSHI
(PAN:AEGPD2611G)
|
|
|
|
MANPASAND BEVERAGES LTD.
CIN:L15549GJ2010PLC063283
PAN:AAHCM1210E
|
|
DID NOT EXERCISE DUE DILIGENCE AS MEMBER OF AUDIT COMMITTEE VIOLATING REGULATION 18(3) READ WITH CLAUSES A(1), A(4), A(5), A(7) AND A(11) TO A(13) OF PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF MANPASAND BEVERAGES LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 30-APR-2024 TO 29-APR-2027
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 30-APR-2024 TO 29-APR-2027
IMPOSED PENALTY RS.2,00,000
30-APR-2024
|
SAT: SAT VIDE ITS ORDER DATED 21/05/2024 STAYED INTERIM DIRECTION AT PARAGRAPH NO.69(B) OF IMPUGNED ORDER SUBJECT TO APPELLANTS BEING PERMITTED TO KEY MANAGEMENT PERSONNEL (KMP). PARAGRAPH NOS.69(D) OF IMPUGNED ORDER REMAIN STAYED SUBJECT TO DEPOSIT 50% OF PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
|
| 130 |
|
|
CHIRAG THAKKAR
(PAN:ADVPT4431A)
|
|
|
|
KAVIT INDUSTRIES LTD.
CIN:L23100GJ1990PLC014692
PAN:AAACJ4907C
|
|
INDULGED IN MANIPULATION IN ANNUAL REPORTS AND BOOKS OF ACCOUNTS VIOLATING SECTION 21 OF SCRA READ WITH REGULATIONS 4(1)(A) TO (C) & (G), 4(2)(F)(I)(2), 4(2)(F)(II)(6) & (7) AND 4(2)(F)(III)(1),(3),(6) & (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF KAVIT INDUSTRIES LTD.
MISUSED COMPANY’S FUND INCLUDING THROUGH GRANT OF LOANS IN MATTER OF KAVIT INDUSTRIES LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 28-SEP-2018 TO 27-SEP-2021
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 28-SEP-2018 TO 27-SEP-2021
RESTRAINED FROM HOLDING OR OCCUPYING POSITION AS DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY FROM 28-SEP-2018 TO 27-SEP-2021
28-SEP-2018
|
SAT: SAT VIDE ITS ORDER DATED 21/12/2021 DISMISSED THE APPEAL AS INFRUCTUOUS AND DIRECTED TO FREEZE DEMAT ACCOUNTS OF THE APPELLANT
|
| 131 |
|
|
D.HEMAMALINI
(PAN:AEMPH4787D)
|
|
|
|
TATIA GLOBAL VENNTURE LTD.
CIN:L18101TN1994PLC026546
PAN:AAACT1724B
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF TGVL AND CONSOLIDATING SUBSIDIARIES VIOLATING REGULATIONS 4(1)(A) 4(1)(C), (E) & (G), 4(2)(F)(II)(6) & (7), 4(2)(F)(III)(3),(6) & (12), 16(1)(B)(IV), 17(1)(B), 18(1)(B), 19(1), 23(3), 24(3), 25(3), 33, CLAUSE B(2) OF SCHEDULE III READ WITH REGULATIONS 30 AND 48 OF SEBI (LODR) REGULATION, 2015 IN MATTER OF TATIA GLOBAL VENNTURE 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 28-MAY-2021 TO 27-NOV-2021
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
28-MAY-2021
|
SAT: SAT VIDE ITS ORDER DATED 03/09/2021 ALLOWED RESPONDENT THREE WEEKS TIME TO FILE REPLY AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 18/11/2021 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 28/02/2022 CONDONED THE DELAY IN FILING OF REJOINDER AFFIDAVIT
|
| 132 |
|
|
D.HEMAMALINI
(PAN:AEMPH4787D)
|
|
|
|
TATIA GLOBAL VENNTURE LTD.
CIN:L18101TN1994PLC026546
PAN:AAACT1724B
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF TGVL AND CONSOLIDATING SUBSIDIARIES VIOLATING REGULATIONS 4(1)(A) 4(1)(C), (E) & (G), 4(2)(F)(II)(6) & (7), 4(2)(F)(III)(3),(6) & (12), 16(1)(B)(IV), 17(1)(B), 18(1)(B), 19(1), 23(3), 24(3), 25(3), 33, CLAUSE B(2) OF SCHEDULE III READ WITH REGULATIONS 30 AND 48 OF SEBI (LODR) REGULATION, 2015 IN MATTER OF TATIA GLOBAL VENNTURE LTD.
|
IMPOSED PENALTY RS.3,00,000
28-MAY-2021
|
SAT: SAT VIDE ITS ORDER DATED 03/09/2021 ALLOWED RESPONDENT THREE WEEKS TIME TO FILE REPLY AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 18/11/2021 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 28/02/2022 CONDONED THE DELAY IN FILING OF REJOINDER AFFIDAVIT
SAT: SAT VIDE ITS ORDER DATED 24/08/2022 PARTLY ALLOWED THE APPEAL AND SET ASIDE IMPUGNED ORDER DATED 28/05/2021
|
| 133 |
|
|
D.SADASIVA REDDY
(PAN:AHIPD0246N)
|
|
|
|
S.S.ORGANICS LTD.
PAN:AADCS2216C
|
|
DID NOT MANAGE CONFLICT EMERGED FROM IMPUGNED TRANSACTION WITH ARR CAPITAL INVESTMENT PVT.LTD. VIOLATING REGULATIONS, 4(2)(F)(I)(2) AND 4(2)(F)(II)(6) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF OXYGENTA PHARMACEUTICAL LTD. (ERSTWHILE KNOWN AS SS ORGANICS LTD.)
CODE OF CONDUCT OF BOARD OF DIRECTORS DID NOT INCLUDE DUTIES OF INDEPENDENT DIRECTORS VIOLATING REGULATION 17(5) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF OXYGENTA PHARMACEUTICAL LTD. (ERSTWHILE KNOWN AS SS ORGANICS LTD.)
|
IMPOSED PENALTY RS.6,00,000 ALONG WITH OTHER ENTITIES/PERSONS
20-FEB-2023
|
|
| 134 |
|
|
D.V.R.PRAKASH RAO
(PAN:AHWPP0117E)
|
|
|
|
BINNY LTD.
PAN:AAACB2529G
|
|
ALLEGED FAILURE TO ACT INDEPENDENTLY IN THE INTERESTS OF THE SHAREHOLDER AND ONLY ACTED AS PER THE DIRECTIONS OF THE MANAGEMENT IN MATTER OF BINNY LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.11,05,000 VIDE CONSENT ORDER)
13-FEB-2024
|
|
| 135 |
|
|
DADHANIA VIVEK GOPALBHAI
(PAN:CCBPD5521J)
|
|
|
ALLEGED MISREPRESENTATION/MISSTATEMENT OF FINANCIAL STATEMENTS THROUGH FICTITIOUS TRANSACTIONS IN MATTER OF ADD-SHOP E-RETAIL LTD. AND WHITE ORGANIC AGRO LTD.
ALLEGED FALSIFIED DETAILS OF ATTENDANCE OF INDEPENDENT DIRECTORS IN AUDIT
COMMITTEE MEETING AND BOARD MEETINGS IN MATTER OF ADD-SHOP E-RETAIL LTD. AND WHITE ORGANIC AGRO LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.13,65,000 VIDE CONSENT ORDER)
05-MAR-2025
|
|
| 136 |
|
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DARSHAK MAHESH RUPANI
(PAN:AGTPR6549L)
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PUBLISHED FALSE AND MISLEADING FINANCIAL STATEMENTS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(A) TO 3(D), 4(1), 4(2)(E), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ADD-SHOP E-RETAIL LTD. AND WHITE ORGANICS AGRO LTD.
PUBLISHED FALSE AND MISLEADING FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1), 4(2)(E), 4(2)(F)(I)(2), 4(2)(F)(II)(2), 4(2)(F)(II)(6) 4(2)(F)(II)(7), 4(2)(F)(II)(8), 4(2)(F)(III)(7), 18(2), 23(2), 33(1)(A), 33(1)(C), 34(3) AND 48 OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 27 OF SEBI ACT, 1992 IN MATTER OF ADD-SHOP E-RETAIL LTD. AND WHITE ORGANICS AGRO LTD.
ISSUED UNTRUE CERTIFICATES WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ADD-SHOP E-RETAIL LTD. AND WHITE ORGANICS AGRO LTD.
MADE FALSE CORPORATE ANNOUNCEMENTS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(A) TO 3(D), 4(1), 4(2)(K) AND 4(2)(R) READ WITH REGULATIONS 2(1)(B) AND 2(1)(C) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ADD-SHOP E-RETAIL LTD. AND WHITE ORGANICS AGRO LTD.
MADE FALSE CORPORATE ANNOUNCEMENTS VIOLATING REGULATIONS 4(1), (C), (D) (E), (G), (H) AND 4(2)(F)(II)(8) OF SEBI (LODR) REGULATIONS, 2015 READ WITH REGULATION 30(1) AND 30(3) READ WITH 30(4) AND SCHEDULE III PART A PARA B (1),(2),(4) OF SEBI (LODR) REGULATIONS, 2015 SCHEDULE III PART A PARA C OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ADD-SHOP E-RETAIL LTD. AND WHITE ORGANICS AGRO LTD.
MADE FALSE CORPORATE ANNOUNCEMENTS VIOLATING CIRCULAR 09/09/2015 AND REGULATION 30(7), (8) AND (10) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 27 OF SEBI ACT, 1992 IN MATTER OF ADD-SHOP E-RETAIL LTD. AND WHITE ORGANICS AGRO LTD.
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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 06-MAY-2024 TILL FURTHER ORDERS
RESTRAINED FROM ACTING AS DIRECTORS OR KEY MANAGERIAL PERSONNEL OF ANY PUBLIC COMPANY, WHICH INTENDS TO RAISE MONEY FROM PUBLIC, INCLUDING DADA ORGANICS LTD. FROM 06-MAY-2024 TILL FURTHER ORDERS
06-MAY-2024
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| 137 |
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DEBJIT BANERJEE
(PAN:AKJPB5444L)
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NEWEVER TRADE WINGS LTD.
CIN:L74999WB2012PLC181106
PAN:AADCN9668B
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INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF NEWEVER TRADE WINGS LTD. VIOLATING REGULATIONS 4(2)(F)(II)(1), (6), (7), 4(2)(F)(III)(2), (3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 NEWEVER TRADE WINGS LTD.
DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF NEWEVER TRADE WINGS LTD.
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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 13-SEP-2022 TO 12-DEC-2022
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
13-SEP-2022
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SAT: SAT VIDE ITS ORDER DATED 19/12/2022 PARTLY ALLOWED THE APPEAL AND SET ASIDE IMPUGNED ORDER DATED 13/09/2022
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| 138 |
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DEEPAK GUPTA
(PAN:AEUPG4707N)
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REAL GROWTH COMMERCIAL ENTERPRISES LTD.
CIN:L70109DL1995PLC064254
PAN:AABCR8653C
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DID NOT OVERSEE PROCESS OF DISCLOSURE AND COMMUNICATION BY BOARD OF DIRECTORS VIOLATING REGULATION 4(2)(F)(II)(8) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF REAL GROWTH COMMERCIAL ENTERPRISES LTD.
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IMPOSED PENALTY RS.3,00,000
11-FEB-2021
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SEBI VIDE ITS NOTICE DATED 24/05/2021 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL AND/OR MUTUAL FUNDS TO 1.ATTACH ALL THE ACCOUNTS (INCLUDING MUTUAL FUNDS) 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 16/08/2021 DIRECTED ALL THE BANKS TO REMIT ENTIRE AMOUNT TO THE EXTENT LYING IN THE BANK AND TERM DEPOSIT ACCOUNT OF MR.DEEPAK GUPTA TO SEBI BY WAY OF EFT/NEFT/RTGS
SEBI VIDE ITS ORDER DATED 31/08/2021 DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUND FOLIOS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 24/08/2021
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| 139 |
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DEEPAK RAJENDRA KUMAR NANGALIA
(PAN:ACMPN3605J)
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INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(F) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF LANDMARC LEISURE CORP.LTD.
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF LANDMARC LEISURE CORP.LTD. VIOLATING REGULATIONS 4(2)(F)(II)(6), (7), 4(2)(F)(III)(3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF LANDMARC LEISURE CORP.LTD.
DID NOT ADHERE TO REGULATION 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF LANDMARC LEISURE CORP.LTD.
ISSUED UNTRUE CERTIFICATES WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) READ WITH PART B OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF LANDMARC LEISURE CORP.LTD.
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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 20-JAN-2022 TO 19-JAN-2023
IMPOSED PENALTY RS.3,00,000
20-JAN-2022
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| 140 |
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DEEPESH JAIN
(PAN:AGQPJ9415L)
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RAJASTHAN TUBE MANUFACTURING CO.LTD.
PAN:AABCR1642P
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DID NOT EXERCISE DUTY AS MEMBER OF AUDIT COMMITTEE VIOLATING REGULATION 18(3) READ WITH PARA A(1), A(4)(E), A(5), A(11) AND A(12) OF PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF RAJASTHAN TUBE MANUFACTURING CO.LTD.
DID NOT DISCHARGE RESPONSIBILITIES AS MEMBERS OF BOARD OF DIRECTORS VIOLATING REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(1)(2)(6)(7)(8) AND 4(2)(F)(III)(1),(3),(6),(7)(12) OF SEBI (LODR) REGULATIONS, 2015 AND SECTION 21 OF SCRA, 1956 IN MATTER OF RAJASTHAN TUBE MANUFACTURING CO.LTD.
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IMPOSED PENALTY RS.2,00,000
04-SEP-2025
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SEBI VIDE ITS NOTICE DATED 21/11/2025 DIRECTED TO PAY RS.2,07,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SAT: SAT VIDE ITS ORDER DATED 05/12/2025 CONDONED THE DELAY OF 29 DAYS IN FILING OF APPEAL. GRANTED RESPONDENT SIX WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER. NO COERCIVE ACTION TO RECOVER PENALTY AMOUNT SUBJECT TO DEPOSIT 50% PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
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| Page 7 of 41
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