| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
BALWANT TEXTILE MILLS LTD.
|
|
|
|
I.S.GIDWANI
|
|
|
J.B.MAVALE
|
|
|
P.J.BHATE
|
|
|
SUNITA K.THAKKAR
|
|
|
T.B.MASKAI
|
|
|
V.H.MHATRE
|
|
|
V.S.BHATE
|
|
MIS-STATEMENTS IN THE PROSPECTUS
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 2 |
|
|
BRAHASPATI FINANCERS LTD.
|
|
|
|
K.N.GUPTA
|
|
|
S.K.GUPTA
|
|
|
SUMAN GUPTA
|
|
MIS-STATEMENTS IN THE PROSPECTUS
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
|
PROSECUTION LAUNCHED
31-MAR-2010
|
|
| 3 |
|
|
CHHABRA LAND & HOUSING LTD.
(CIN:U65921PB1994PLC015168)
|
|
|
|
ANIL CHHABRA
|
|
|
DALJIT RAHEJA
|
|
|
KRISHAN LAL CHHABRA
|
|
|
RAJ K.MEHTA
|
|
|
SEEMA CHHABRA
DIN:02677885
|
|
|
SUNIL CHHABRA
DIN:05125665
|
|
MIS-STATEMENTS IN THE PROSPECTUS
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
|
PROSECUTION LAUNCHED
15-MAY-2006
|
COMPLAINT UNDER SECTION 621 READ WITH SECTION 63 AND 68 OF COMPANIES ACT AND SECTION 200 OF CR.P.C. WAS FILED BY SEBI AGAINST CHHABRA LAND AND HOUSING LTD AND ITS DIRECTORS ISSUED PROSPECTUS CONTAINING THE PATENTLY FALSE AND UNTRUE STATEMENTS AS THEY CAME OUT WITH THE PUBLIC ISSUES OF 26,40,000 EQUITY SHARES OF RS.10.00 EACH AGGREGATING TO RS.264 LACS. THE COURT FOUND NO GROUND TO PROCEED AGAINST THE ACCUSED AND DISMISSED THE COMPLAINT VIDE IMPUGNED ORDER DATED 07/01/2016. THERAFTER, REVISION PETITION WAS FILED IN SESSIONS COURT WHEREIN, WHILE DISMISSING THE REVISION PEITIONED HELD THAT UNDER SECTION 63 OF THE COMPANIES ACT, THE OFFENCE IS MADE OUT AGAINST ONE WHO HAD AUTHORISED THE ISSUESANCE OF PROSPECTUS AND FOR THAT IT WAS PARAMOUNT FOR THE COMPLAINANT TO PROVE ON RECORD THE RESOLUTION OF THE BOARD OF DIRECTORS AUTHORISING THE ISSUANCE OF THE PROSPECTUS. THE FOUNDATION OF ISSUANCE OF THE PROSPECTUS HAS NOT BEEN BROUGHT ON RECORD AND AS ALLEGED THAT THE PROSPECTUS HAD CONTAINED SOME MIS-STATEMENTS AND NON DISCLOSURE OF MATERIAL INFORMATION AND THESE ALLEGATIONS CAN ONLY BE PROVED IF THE AUTHORITY BEHIND THE ISSUANCE OF PROSPECTUS COULD BE ESTABLISHED. HENCE, THE LEARNED TRIAL COURT WHILE TAKING INTO ACCOUNT ALL THESE FACTS HAD RIGHTLY DISCHARGED THE ACCUSED VIDE THE IMPUGNED ORDER, WHICH DOES NOT SUFFER FROM ANY INFIRMITY, IMPROPRIETY OR ILLEGALITY AND THE SAME IS HEREBY UPHELD AND AFFIRMED
|
| 4 |
|
|
CHHABRA LAND & HOUSING LTD.
(CIN:U65921PB1994PLC015168)
|
|
|
|
ANIL CHHABRA
|
|
|
DALJIT RAHEJA
|
|
|
KRISHAN LAL CHHABRA
|
|
|
RAJ K.MEHTA
|
|
|
SANJEEV JAIN
|
|
|
SEEMA CHHABRA
DIN:02677885
|
|
|
SUNIL CHHABRA
DIN:05125665
|
|
MADE VARIOUS MIS-STATEMENTS AND NON-DISCLOSURES IN PROSPECTUS OF CHHABRA LAND & HOUSING LTD.
ACTED IN CONCERT WITH CHHABRA LAND & HOUSING LTD. PROMOTERS/DIRECTORS IN CREATING FALSE EVIDENCE TO SUBSTANTIATE DISCLOSURES MADE IN PROSPECTUS OF CHHABRA LAND & HOUSING LTD.AND TO SHOW RECEIPT OF PROMOTER'S CONTRIBUTION
CREATED FALSE EVIDENCES TO SUBSTANTIATE DISCLOSURES MADE IN PROSPECTUS OF CHHABRA LAND & HOUSING LTD.AND TO SHOW RECEIPT OF PROMOTER'S CONTRIBUTION
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 29-NOV-2002 TO 28-NOV-2007
29-NOV-2002
|
|
| 5 |
|
|
CONSORTEX KARL DOELITZSCH (INDIA) LTD.
(CIN:L31909AP1984PLC004953)
|
|
|
|
V.P.RAO
|
|
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
|
|
| 6 |
|
|
EDSERV SOFTSYSTEMS LTD.
(CIN:L72200TN2001PLC046789
PAN:AAACL7131L)
|
|
|
|
GANAPATHY GITA
PAN:AAGPG2647F
|
|
|
IIANGO BALAKRISHNA
PAN:AAJPI0688K
|
|
|
S.ARVIND
PAN:AACPA7943E
|
|
|
S.GIRIDHARAN
PAN:AAGPG2646E
|
|
|
T.S.RAVICHANDRAN
PAN:AAJPR0108F
|
|
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
|
|
| 7 |
|
|
GANESH BENZOPLAST LTD.
|
|
|
|
AJAY MAHASHERLAL KHATLAWALA
|
|
|
D.K.CONTRACTOR
|
|
|
RAJKUMAR DEVIDATTA BAJAJ
|
|
|
RAMAKANT SHANKARMAL PILANI
|
|
|
RAMESH D.PUNJABI
|
|
|
RAMESH SHANKARMAL PILANI
|
|
|
SHANKARMAL PILANI
|
|
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
DISMISSED
|
| 8 |
|
|
HFCL INFOTEL LTD.
|
|
|
|
SURENDRA LUNIA
|
|
|
VIKASH AGRAWAL
|
|
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
|
| 9 |
|
|
HITECH COMVISION LTD.
(CIN:U99999DL1999PLC099468)
|
|
|
|
ATUL GARG
|
|
|
K.P.S.BAL
|
|
|
PRABHASH BHATNAGAR
|
|
|
S.K.GUPTA
|
|
|
S.K.SETHI
|
|
|
SIMMI GUPTA
DIN:00631879
|
|
MISLEADING INFORMATION IN DRAFT OFFER DOCUMENT
SHOWED OPERATIONS AS AN INFOTECH COMPANY TO LURE INVESTORS TO INVEST IN SHARES OF COMPANY
OMITTED INFORMATION IN OFFER DOCUMENT PERTAINING TO FINANCIAL PERFORMANCE AND GAVE WRONG INFORMATION TO JUSTIFY ISSUE PRICE IN DRAFT OFFER DOCUMENT
DID NOT GIVE BASIS OF VALUATION OF ACQUISITION OF IMAGE AND TRAVELHINDUSTAN.COM
DRAFT OFFER DOCUMENT SHOWED UNETHICAL PRACTICES TO REPORT A HIGH TURNOVER ETC
GAVE FALSE INFORMATION ABOUT SUNDRY DEBTORS
COMPANY WAS NOT LOCATED AT ITS REGISTERED OFFICE ADDRESS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 31-MAY-2002 TO 30-MAY-2007
PROHIBITED PUBLIC COMPANIES IN WHICH THIS DIRECTOR HAS CONTROLLING/SUBSTANTIAL INTEREST TO RAISE FUNDS FROM CAPITAL MARKET FROM 31-MAY-2002 TO 30-MAY-2007
31-MAY-2002
|
|
| 10 |
|
|
INDO-FRENCH BIO-TECH ENTERPRISES LTD.
|
|
|
|
AMAR N.JOSHI
|
|
|
ATUL K.BHAGWATI
|
|
|
BALDEO R.KHURANA
|
|
|
DEEPAK M.KATARIA
|
|
|
F.S.T.KHORAKIWALAETER
|
|
|
HARKRISHNADAS R.SHARMA
|
|
|
ILA A.AGARWAL
|
|
|
KUMUDCHANDRA J.BODIWALA
|
|
|
MADHAV S.MADIVALE
|
|
|
OLGA BERNABE
|
|
|
PRAFUL R.BHANSALI
|
|
|
PRAFUL R.RANADIVE
|
|
|
RAMACHANDRA R.RAYARIKAR
|
|
|
VINAYAK R.SURVE
|
|
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
THE OFFENCE WAS COMPOUNDED
|
| 11 |
|
|
JALTARANG MOTELS LTD.
|
|
|
|
ATUL V.SHAH
|
|
|
BHAVANI SHAH
|
|
|
SHAILA SHAH
|
|
|
VINOD SHAH
|
|
VIOLATED SECTION 24 OF SEBI ACT, 1992
VIOLATED SECTION 11 OF SEBI ACT, 1992
MIS-STATEMENTS IN THE PROSPECTUS
DID NOT REPAY EXCESS SHARE APPLICATION MONEY WITHIN STIPULATED PERIOD
INDULGED IN CRIMINAL CONSPIRACY TO COMMIT AN OFFENCE (SECTION 120B – IPC)
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 12 |
|
|
KALYANI FINANCE LTD.
|
|
|
|
ASEEM GUPTA
|
|
|
TARUN GOYAL
|
|
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
|
| 13 |
|
|
KREBS BIOCHEMICALS LTD.
|
|
|
|
A.NARENDRA
|
|
|
R.T.RAVI
|
|
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
ALL ACCUSED CONVICTED AND SENTENCED TO FINE OF RS.20,000 EACH AND ON DEFAULT SIMPLE IMPRISONMENT FOR I MONTH
|
| 14 |
|
|
MAHADEV LEASING CO.LTD.
|
|
|
|
AJIT AMBANI
|
|
|
AVADESH KUMAR SHARMA
|
|
|
FAQUIR MOHAN PATNAIK
|
|
|
J.C.VERMA
|
|
|
J.S.GROVER
|
|
|
OM PRAKASH TUSHIR
|
|
|
RAJBIR SINGH HOODA
|
|
|
V.SHANKAR
|
|
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)
|
| 15 |
|
|
MONESHI AGRO FOODS LTD.
|
|
|
|
D.M.SUKHTHANKAR
|
|
|
DILIP KUMAR
|
|
|
J.S.BHATNAGAR
|
|
|
MILIND GOVINDRAJ
|
|
|
S.PAWASKAR
|
|
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 16 |
|
|
OMEGA SEEDS LTD.
|
|
|
|
B.R.BAJAJ
|
|
|
L.S.SEKHON
|
|
|
M.M.PAREKH
|
|
|
M.S.NARULA
|
|
|
N.M.PRAKASH
|
|
|
N.S.BRAR
|
|
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 17 |
|
|
PROTOCHEM LTD.
|
|
|
|
A.K.GUPTA
|
|
|
G.B.MATHUR
|
|
|
MANISHA MATHUR
|
|
|
NANDINI MATHUR
|
|
|
R.K.MATHUR
|
|
|
R.S.MATHUR
|
|
|
RAM S.GUPTA
|
|
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
THE OFFENCE WAS COMPOUNDED ON PAYMENT OF RS.5000/ BY EACH OF THE ACCUSED
|
| 18 |
|
|
RAVI KUMAR DISTILLERIES LTD.
(PAN:AABCR4195D)
|
|
|
|
AMIT KUMAR KHEMKA
PAN:AQRPK7830M
|
|
|
ANIL BENIPRASAD AGRAWAL
PAN:ACTPA6034D
|
|
|
ANNU ANIL AGRAWAL
PAN:ADMPA0248F
|
|
|
ASHOK SHETTY
PAN:ACIPS5289H
|
|
|
BADRINATH S.GANDHI
PAN:APAPB7016E
|
|
|
BHARAT NANUBHAI SHIROYA
PAN:ALLPS7688G
|
|
|
CHANDRAKALA PUROHIT
PAN:AFUPP1827R
|
|
|
JUGAL CHANDRAKANT THACKER
PAN:ABCPT8861F
|
|
|
K.S.M.RAO
PAN:AALPR0723Q
|
|
|
POPATLAL KATHARIYA
PAN:AAEPK4407B
|
|
|
R.AMIRTHAVALLI
PAN:ADJPA9449B
|
|
|
R.V.RAVIKUMAR
PAN:ACZPR4932K
|
|
|
S.VIJAYALAKSHMI
PAN:ABYPV0939Q
|
|
|
SARTHAK VIJLANI
PAN:ADMPV9381J
|
|
MIS-STATEMENTS IN THE PROSPECTUS
DID NOT MAKE MATERIAL DISCLOSURES IN PROSPECTUS IN MATTER OF RAVI KUMAR DISTILLERIES LTD.
MADE MIS-STATEMENTS IN THE BALANCE SHEET VIOLATING REGULATION 4(F) & (K) OF SEBI (PFUTP) REGULATIONS, 2003
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 12-MAR-2019 TO 11-MAR-2022
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 12-MAR-2019 TO 11-MAR-2022
12-MAR-2019
|
|
| 19 |
|
|
RITESH POLYESTERS LTD.
|
|
|
|
MAHENDER KUMAR AGARWAL
|
|
|
ROOP REKHA AGARWAL
|
|
|
SHIV SHANKER AGARWAL
|
|
|
SURENDRA KUMAR AGARWAL
|
|
|
THANU PILLAI
|
|
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
|
| 20 |
|
|
SANJEEV JAIN & CO.
|
|
|
|
SANJEEV JAIN
|
|
ACTED IN CONCERT WITH CHHABRA LAND & HOUSING LTD. PROMOTERS/DIRECTORS IN CREATING FALSE EVIDENCE TO SUBSTANTIATE DISCLOSURES MADE IN PROSPECTUS OF CHHABRA LAND & HOUSING LTD.AND TO SHOW RECEIPT OF PROMOTER'S CONTRIBUTION
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 29-NOV-2002 TO 28-NOV-2007
29-NOV-2002
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 1 of 2
|
