| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
AMIT JAISWAL
(PAN:ADMPJ0732H)
|
|
|
|
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.
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
|
| 2 |
|
|
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
|
| 3 |
|
|
KESHAV BALJEE
(PAN:AKYPB2322A)
|
|
|
|
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.
|
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
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
