| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 161 |
|
T.B.MASKAI
|
|
|
|
BALWANT TEXTILE MILLS LTD.
|
|
MIS-STATEMENTS IN THE PROSPECTUS
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 162 |
|
|
T.S.RAVICHANDRAN
(PAN:AAJPR0108F)
|
|
|
|
EDSERV SOFTSYSTEMS LTD.
CIN:L72200TN2001PLC046789
PAN:AAACL7131L
|
|
DID NOT MAKE DISCLOSURE OF FUNDS RAISED THROUGH ICDS IN THE NATURE OF A BRIDGE LOAN IN THE MATTER OF IPO OF EDSERV SOFTSYSTEMS LTD.
DID NOT MAKE DISCLOSURE OF PLACING OF ORDERS WITH SUPPLIERS FOR THE ESTABLISHMENT OF HEAL LABORATORIES IN THE MATTER OF IPO OF EDSERV SOFTSYSTEMS LTD.
INDULGED IN SIPHONING AND DIVERSION OF IPO PROCEEDS IN THE MATTER OF IPO OF EDSERV SOFTSYSTEMS LTD.
DID NOT PERSONALLY APPEAR AND/OR PROVIDE NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF EDSERV SOFTSYSTEMS LTD.
|
PROHIBITED FROM RAISING ANY FURTHER CAPITAL FROM SECURITIES MARKET, IN ANY MANNER WHATSOEVER FROM 11-APR-2016 TO 10-APR-2019
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 11-APR-2016 TO 10-APR-2019
11-APR-2016
|
|
| 163 |
|
|
TARUN GOYAL
|
|
|
|
ZED INVESTMENTS LTD.
|
|
FRAUDULENT INCORPORATION OF COMPANY
FRAUDULENT PUBLIC ISSUE
INDULGED IN FRAUDULENT OPERATIONS RATHER THAN BEING INVOLVED IN THE COMPANY ONLY IN PROFESSIONAL CAPACITY
ADDRESSES OF DIRECTORS ZILE SINGH, NEERAJ KUMAR AND ANIL KUMAR MENTIONED IN THE DOCUMENTS WERE FICTITIOUS
DID NOT EXIST AT THE REGISTERED OFFICE ADDRESS PROVIDED
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 09-OCT-2003 TO 08-OCT-2008
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 09-OCT-2003 TO 08-OCT-2008
09-OCT-2003
|
|
| 164 |
|
|
TARUN GOYAL
|
|
|
|
ZED INVESTMENTS LTD.
|
|
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
A1 CONVICTED. A2 AND A3 ACQUITTED
A1 CONVICTED. A2 AND A3 ACQUITTED
|
| 165 |
|
|
TARUN GOYAL
|
|
|
|
KALYANI FINANCE LTD.
|
|
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
OFFENCE STANDS COMPOUNDED QUA ACCUSED NO.3 PURSUANT TO COMPANY LAW BOARD ORDER DATED 16/09/2014. CLB VIDE SAID ORDER ALLOWED COMPOUNDING OF OFFENCES QUA ACCUSED NO.3 U/S. 63 & 68 OF THE COMPANIES ACT BY IMPOSING FEES OF RS.20,000.00 & RS. 40,000.00 RESP. AS PER POLICY, COMPOUNDING BY CLB IS TREATED AS CONVICTION
|
| 166 |
|
|
THANU PILLAI
|
|
|
|
RITESH POLYESTERS LTD.
|
|
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
THE OFFENCE WAS COMPOUNDED ON PAYMENT OF OF RS.15000 BY EACH OF THE ACCUSED
|
| 167 |
|
|
UMESH MUNJAL
|
|
|
|
SHREE DEWAN STEELS (INDIA) LTD.
|
|
MIS-STATEMENTS IN THE PROSPECTUS
|
LAUNCHED CRIMINAL PROSECUTION
06-APR-1998
|
|
| 168 |
|
|
UMESH MUNJAL
|
|
|
|
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
|
| 169 |
|
|
V.H.MHATRE
|
|
|
|
BALWANT TEXTILE MILLS LTD.
|
|
MIS-STATEMENTS IN THE PROSPECTUS
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 170 |
|
|
V.K.LODHA
|
|
|
|
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
|
|
| 171 |
|
|
V.P.RAO
|
|
|
|
CONSORTEX KARL DOELITZSCH (INDIA) LTD.
CIN:L31909AP1984PLC004953
|
|
ATTAINED MINIMUM SUBSCRIPTION FRAUDULENTLY BY ENTERING INTO A MOU
PROVIDED MIS-STATEMENT IN OFFER DOCUMENT REGARDING FOREIGN PROMOTERS' CONTRIBUTION
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 07-FEB-2006 TO 06-FEB-2007
07-FEB-2006
|
|
| 172 |
|
|
V.S.BHATE
|
|
|
|
BALWANT TEXTILE MILLS LTD.
|
|
MIS-STATEMENTS IN THE PROSPECTUS
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 173 |
|
|
V.SHANKAR
|
|
|
|
MAHADEV LEASING CO.LTD.
|
|
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
CASE DISMISSED BY COURT
NOT APPEARING IN THE LIST OF CASES DISMISSED/ACCUSED DISCHARGES IN THE PROSECUTION FILED BY SEBI (AS ON 31ST MARCH 2010)
|
| 174 |
|
|
VAMAN RAJ SAXENA
|
|
|
|
V.R.MATHUR MASS COMMUNICATIONS LTD.
|
|
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
IN C.C.144/01 ACCUSED NO.2 WAS CONVICTED WITH IMPRISONMENT OF 3 MONTH AND FINE OF RS.15000 ACCUSED NO. 1 & 3 WERE CONVICTED AND SENTENCED TO FINE OF RS.15,000 ONLY. ON APPEAL BEFORE SESSIONS COURT THE CASE WAS COMPOUNDED UPON RECOMMENDATION OF COMPANY LAW BOARD ON PAYMENT OF RS.15,000 EACH BY ACCUSED NO.1 TO 3. IN CC NO. 11/2002 (SPLIT UP FROM CC NO 144/2001), THE COURT VIDE ITS ORDER DATED 21.08.2006 CONVICTED ACCUSED NO.4 AND 5 WITH A FINE OF RS.3000 EACH AND ON DEFAULT IMPRISONMENT FOR 3 MONTHS. CASE IS PENDING AGAINST ACCUSED NO.6, SYED MEHDI AS CC NO.90/2001 (SPLIT UP FROM CC NO.144/2001)
|
| 175 |
|
|
VIJAY JULKA
|
|
|
|
SUPRIYA PHARMACEUTICALS LTD.
CIN:U01100RJ1985PLC003363
|
|
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
THE OFFENCE WAS COMPOUNDED BY CLB
|
| 176 |
|
|
VIJAY KUMAR 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
|
| 177 |
|
|
VIJAY VISHNU SALI
|
|
|
|
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
|
|
| 178 |
|
|
VIKAS JAIN TIJARIA
(PAN:ABTPJ8056D)
|
|
|
|
TIJARIA POLYPIPES LTD.
PAN:AACCT4796M
|
|
DID NOT MAKE DISCLOSURE OF BOARD RESOLUTION DATED 10/09/2011 TO RAISE FUNDS THROUGH ICDS IN PROSPECTUS
DID NOT MAKE DISCLOSURE OF FUNDS RAISED BY TPL THROUGH ICDS IN NATURE OF BRIDGE LOAN IN PROSPECTUS
DID NOT MAKE DISCLOSURE OF FUNDS RAISED THROUGH ICDS PRIOR TO BOARD RESOLUTION DATED 10/09/2011 IN PROSPECTUS
MADE WRONG DISCLOSURE/MISSTATEMENT IN RELATION TO PROCUREMENT OF PLANT & MACHINERY (IMPORTED & INDIGENOUS) AND SUPPLIERS
MADE MIS-STATEMENTS IN PROSPECTUS BY OVERSTATING EXPENDITURE
|
PROHIBITED FROM RAISING ANY FURTHER CAPITAL IN ANY MANNER, DIRECTLY OR INDIRECTLY FROM 28-NOV-2011 TO 27-NOV-2018
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 28-NOV-2011 TO 27-NOV-2018
20-JUN-2014
|
SAT: SAT VIDE ITS ORDER DATED 29/06/2016 REDUCED DEBARMENT FROM SECURITIES MARKET FOR 7 YEARS TO 5 YEARS. CALLING BACK MONEY FROM ENTITIES TO WHOM THE IPO PROCEEDS HAVE BEEN USED TO REFUND ICDS CANNOT BE SUSTAINED AS IT IS FOUND THAT THESE ENTITIES DID IN FACT MAKE PAYMENTS TO TPL AND REFUND OF MONEY TO THOSE COMPANIES CANNOT BE CALLED BACK. NO COSTS
|
| 179 |
|
|
VIKASH AGRAWAL
|
|
|
|
HFCL INFOTEL LTD.
|
|
MISLEADING INFORMATION IN DRAFT OFFER DOCUMENT
|
DIRECTED NOT TO PROCEED WITH THE PUBLIC ISSUE
07-MAR-2007
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER DATED 07/03/2007 SET ASIDE WITH DIRECTION TO SEBI TO ISSUE LETTER OF OBSERVATIONS WITHIN SIX WEEKS
|
| 180 |
|
|
VIMAL RAJ MATHUR
(PAN:AIDPM9858P)
|
|
|
|
V.R.MATHUR MASS COMMUNICATIONS LTD.
|
|
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
FAILED TO PAY PENALTY
VIOLATED REGULATION 4 OF SEBI (PFUTP) REGULATIONS, 1995
MIS-STATEMENTS IN THE PROSPECTUS
VIOLATED SECTION 13 OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992
VIOLATED SECTION 24 (1) OF SEBI ACT, 1992
|
PROSECUTION LAUNCHED
15-MAY-2006
|
ENTIRE PENALTY AMOUNT ALONG WITH INTEREST AND OTHER CHARGES HAS BEEN PAID BY THE ACCUSED AND THEREFORE, THE MATTER IS COMPOUNDED
IN C.C.144/01 ACCUSED NO.2 WAS CONVICTED WITH IMPRISONMENT OF 3 MONTH AND FINE OF RS.15000 ACCUSED NO. 1 & 3 WERE CONVICTED AND SENTENCED TO FINE OF RS.15,000 ONLY. ON APPEAL BEFORE SESSIONS COURT THE CASE WAS COMPOUNDED UPON RECOMMENDATION OF COMPANY LAW BOARD ON PAYMENT OF RS.15,000 EACH BY ACCUSED NO.1 TO 3. IN CC NO. 11/2002 (SPLIT UP FROM CC NO 144/2001), THE COURT VIDE ITS ORDER DATED 21.08.2006 CONVICTED ACCUSED NO.4 AND 5 WITH A FINE OF RS.3000 EACH AND ON DEFAULT IMPRISONMENT FOR 3 MONTHS. CASE IS PENDING AGAINST ACCUSED NO.6, SYED MEHDI AS CC NO.90/2001 (SPLIT UP FROM CC NO.144/2001)
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
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| Page 9 of 10
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