| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
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ICORE-E-SERVICES LTD.
(CIN:U72400WB2007PLC115309)
|
|
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AMAL BHATTACHARYA
PAN:AKDPB6648N
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ANUKUL MAITI
DIN:01884307
PAN:AOMPM9182R
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CHANDAN DEY
|
|
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KANIKA MAITI
DIN:02029931
PAN:AOTPM3722N
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|
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MAHADEB SEN
DIN:01396620
|
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RADHASHYAM GIRI
PAN:ARJPG7051P
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SARAL RANJAN GUPTA
PAN:AMAPS4265M
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SWAPAN KUMAR ROY
DIN:02621357
PAN:ANVPR7210H
|
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TAPAN KUMAR CHARTERJEE
PAN:AGVPC6440K
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|
MOBILIZED RS.54.75 CRORES FROM PUBLIC THROUGH ISSUANCE OF EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 5,239 INVESTORS VIOLATING SECTIONS 60 READ WITH 2(36), 56(1), 56(3) AND 73 OF COMPANIES ACT, 1956 IN MATTER OF ICORE-E-SERVICES LTD.
VIOLATED SEBI (DIP) DIRECTIVES/INSTRUCTIONS/GUIDELINES
DID NOT ADHERE TO ICDR DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2009
|
RESTRAINED FROM MOBILIZING FUNDS FROM 11-DEC-2017 TO 10-DEC-2021
DIRECTED NOT TO MOBILIZE FUNDS FROM PUBLIC AND/OR INVITE SUBSCRIPTION, IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 11-DEC-2017 TO 10-DEC-2021
PROHIBITED FROM ISSUING PROSPECTUS OR ANY OFFER DOCUMENT, OR ISSUE ADVERTISEMENT FOR SOLICITING MONEY FROM PUBLIC FOR ISSUE OF SECURITIES IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 11-DEC-2017 TO 10-DEC-2021
DIRECTED NOT TO DISPOSE OF PROPERTIES/ASSETS OWNED OR ACQUIRED WITHOUT PRIOR PERMISSION OF SEBI FROM 11-DEC-2017 TO 10-DEC-2021
DIRECTED NOT TO DIVERT ANY FUNDS RAISED FROM PUBLIC AT LARGE KEPT IN BANK ACCOUNT AND/OR IN THE CUSTODY OF THE COMPANY FROM 11-DEC-2017 TO 10-DEC-2021
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 11-DEC-2017 TO 10-DEC-2021
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 11-DEC-2017 TO 10-DEC-2021
DIRECTED TO SUBMIT INFORMATION/DOCUMENTS AS PER SEBI LETTER DATED 05/11/2012 & 20/12/2012, AUDITED BALANCE SHEETS FOR THE PERIOD 2009-2010 TO 2013-2014, INFORMATION ABOUT AMOUNT RAISED AND RECONCILIATION OF RS.5.50 CRORE
DIRECTED TO FILE CERTIFICATE OF COMPLETION OF PROCESS WITH SEBI FROM TWO INDEPENDENT PEER REVIEWED CHARTERED ACCOUNTANTS
RESTRAINED FROM ASSOCIATING WITH ANY LISTED PUBLIC COMPANY AND ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC FROM 11-DEC-2017 TO 10-DEC-2021
25-JUL-2014
|
SEBI VIDE ITS ORDER DATED 05/03/2015 CONFIRMED ALL THE DIRECTIONS ISSUED VIDE ITS EX-PARTE INTERIM ORDER DATED 25/07/2014 AND DIRECTED NOTICEES TO PROVIDE FULL INVENTORY OF ALL ASSETS AND PROPERTIES AND DETAILS OF THEIR ALL BANK ACCOUNTS, DEMAT ACCOUNTS AND HOLDINGS OF SHARES/SECRUTIES, IF HELD IN PHYSICAL FORM
SEBI VIDE ITS ORDER DATED 11/12/2017 DIRECTED TO A) REFUND THE MONEY COLLECTED THROUGH ISSUANCE OF EQUITY SHARES WITH INTEREST @ 15% P.A. FROM WITHIN A PERIOD OF 90 DAYS FROM THE DATE OF RECEIPT OF THIS ORDER THROUGH BANK DEMAND DRAFT OR ELECTRONIC MODE OF TRANSFER B) FILE CERTIFICATE OF SUCH COMPLETION WITH SEBI FROM TWO INDEPENDENT CHARTERED ACCOUNTANTS AFTER PROPER VERIFICATION C) RESTRAINED FROM ACCESSING THE SECURITIES MARKET AND PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES IN ANY MANNER WHATSOEVER, DIRECTLY OR INDIRECTLY AND RESTRAINED FROM ASSOCIATING THEMSELVES, WITH ANY LISTED PUBLIC COMPANY OR ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM THE PUBLIC FOR A PERIOD OF FOUR YEARS FROM THE DATE OF COMPLETION OF REFUNDS TO INVESTORS
|
| 2 |
|
|
IDOL INDIA INFRASTRUCTURES LTD.
(CIN:U45200MP2011PLC026145)
|
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AINDRILLA MAJUMDER
|
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BAPI MAJUMDER
|
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BAPPADITYA MAJUMDER
DIN:03323655
PAN:AKNPM5664R
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KANCHAN DAS
|
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PINTU SARKAR
DIN:03089042
PAN:AYQPS1691H
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RUMPA SARKAR
PAN:BKOPS8275A
DIN:03200385
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TAPTI ROY
|
|
MOBILIZED RS.4.95 CRORES THROUGH ISSUANCE OF NON CONVERTIBLE DEBENTURES (NCDS) BY WAY OF PRIVATE PLACEMENT TO 10,175 INVESTORS VIOLATING SECTIONS 56, 60 AND 73 OF COMPANIES ACT, 1956 IN MATTER OF IDOL INDIA INFRASTRUCTURE LTD.
|
DIRECTED TO REFUND MONEY COLLECTED TOWARDS ALLOTMENT OF NON-CONVERTIBLE DEBENTURES ALONGWITH INTEREST @15% PER ANNUM
DIRECTED TO MAKE REFUND THROUGH BANKING CHANNELS SUCH AS DEMAND DRAFT AND/OR PAY ORDER AND/OR ELECTRONIC MODE OF TRANSFER
DIRECTED TO ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES IN CONNECTION WITH THE REFUND OF MONEY
DIRECTED TO FILE CERTIFICATE OF COMPLETION OF PROCESS WITH SEBI FROM TWO INDEPENDENT PEER REVIEWED CHARTERED ACCOUNTANTS
RESTRAINED FROM MOBILIZING FUNDS FROM 19-MAY-2014 TO 18-MAY-2016
19-MAY-2014
|
|
| 3 |
|
|
MADURAI RURAL DEVELOPMENT BENEFIT FUND (INDIA) LTD.
|
|
|
|
GOPALARATHINAM RAMARATHINAM
DIN:06555632
|
|
|
KASIVISWANATHAN VENKATARAMAN
DIN:06860187
|
|
|
LILUN NIHAR YOUSUFF
DIN:02712182
|
|
|
MOHAMMED YUSUFF SURESH BATCHA
DIN:02443876
|
|
|
MUMTAJ BEGAM BABA
DIN:02703379
|
|
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NAGASUBRAMANIAN RAJALAKSHMI
DIN:06861472
|
|
|
SITHIKBASHA MOHAMED YUSUF
DIN:02703420
|
|
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SRINIVASAN SRIKUMAR
DIN:06555637
|
|
|
SUDHAKARAN LATAJI
DIN:06861823
|
|
|
VASUDEVAN BALAJI
DIN:06860167
|
|
MOBILIZED RS.33.12 LACS FROM PUBLIC THROUGH ISSUANCE OF EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 1,104 INVESTORS VIOLATING SECTIONS 56 (1), 56(3), 60 AND 73 OF THE COMPANIES ACT, 1956, SECTIONS 29,33 (1) AND 40 OF THE COMPANIES ACT, 2013 AND REGULATIONS 4,5,6,7,8,9,25,26,32,36,37,46,47,49, 57,58,59 AND 63 OF ICDR REGULATIONS
|
DIRECTED NOT TO MOBILIZE FUNDS FROM PUBLIC AND/OR INVITE SUBSCRIPTION, IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 17-JUL-2015 TO 16-JUL-2018
RESTRAINED FROM MOBILIZING FUNDS FROM 17-JUL-2015 TO 16-JUL-2018
PROHIBITED FROM ISSUING PROSPECTUS OR ANY OFFER DOCUMENT, OR ISSUE ADVERTISEMENT FOR SOLICITING MONEY FROM PUBLIC FOR ISSUE OF SECURITIES IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 17-JUL-2015 TO 16-JUL-2018
DIRECTED NOT TO DISPOSE OF PROPERTIES/ASSETS OWNED OR ACQUIRED WITHOUT PRIOR PERMISSION OF SEBI FROM 17-JUL-2015 TO 16-JUL-2018
DIRECTED NOT TO DIVERT ANY FUNDS RAISED FROM PUBLIC AT LARGE KEPT IN BANK ACCOUNT AND/OR IN THE CUSTODY OF THE COMPANY FROM 17-JUL-2015 TO 16-JUL-2018
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 17-JUL-2015 TO 16-JUL-2018
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 17-JUL-2015 TO 16-JUL-2018
DIRECTED TO FILE CERTIFICATE OF COMPLETION OF PROCESS WITH SEBI FROM TWO INDEPENDENT PEER REVIEWED CHARTERED ACCOUNTANTS
27-OCT-2014
|
SEBI VIDE ITS ORDER DATED 17/07/2015 DIRECTED TO A) JOINTLY AND SEVERALLY, REFUND RS.5,32,34,400 COLLECTED THROUGH ALLOTMENT OF SHARES (I.E.RS.4,99,22,400 COLLECTED BY MRDT AND RS.33,12,000 COLLECTED BY MRDF) ALONG WITH INTEREST @ 15% P.A. FROM DATE OF RECEIPT OF MONEY TILL THE DATE OF SUCH REFUND, WITHIN TIME B) PRODUCE DOCUMENTARY EVIDENCE TO SHOW THAT ONLY RS.1,99,24,200 ARE PAYBLE TO PUBLIC AND BALANCE RS.2,99,98,200 (I.E.RS.4,99,22,400 – RS.1,99,24,200) RAISED BY MRDT FROM ISSUANCE OF EQUITY SHARES TO PUBLIC HAVE BEEN REFUNDED/REPAID BY PROMOTERS OF MRDT. C) FILE A CERTIFICATE OF SUCH COMPLETION WITH SEBI FROM TWO INDEPENDENT PEER REVIEWED CHARTERED ACCOUNTS WHO ARE IN THE PANEL OF ANY PUBLIC AUTHORITY OR PUBLIC INSTITUTION D) RESTRAINED FROM, DIRECTLY OR INDIRECTLY, ACCESSING CAPITAL MARKET BY ISSUING PROSPECTUS, ANY OFFER DOCUMENT OR ADVERTISEMENT SOLICITING MONEY FROM PUBLIC AND ARE FURTHER PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES MARKET, DIRECTLY OR INDIRECTLY, IN WHATSOEVER MANNER FOR A PERIOD OF THREE YEARS OR TILL THE DATE OF REFUND OF MONEY TO ALLOTTEES
SAT: SAT VIDE ITS ORDER DATED 03/08/2016 DISMISSED THE APPEAL FOR WANT OF PROSECUTION. NO COSTS
|
| 4 |
|
|
MADURAI RURAL DEVELOPMENT TRANSFORMATION INDIA LTD.
(CIN:U65192TN2009PLC070583)
|
|
|
|
GOPALARATHINAM RAMARATHINAM
DIN:06555632
|
|
|
KASIVISWANATHAN VENKATARAMAN
DIN:06860187
|
|
|
LILUN NIHAR YOUSUFF
DIN:02712182
|
|
|
MOHAMMED YUSUFF SURESH BATCHA
DIN:02443876
|
|
|
MUMTAJ BEGAM BABA
DIN:02703379
|
|
|
NAGASUBRAMANIAN RAJALAKSHMI
DIN:06861472
|
|
|
SITHIKBASHA MOHAMED YUSUF
DIN:02703420
|
|
|
SRINIVASAN SRIKUMAR
DIN:06555637
|
|
|
SUDHAKARAN LATAJI
DIN:06861823
|
|
|
VASUDEVAN BALAJI
DIN:06860167
|
|
MOBILIZED RS.4.99 CRORES FROM PUBLIC THROUGH ISSUANCE OF EQUITY SHARES BY WAY OF PRIVATE PLACEMENT TO 1,464 INVESTORS VIOLATING SECTIONS 56 (1), 56(3), 60 AND 73 OF THE COMPANIES ACT, 1956, SECTIONS 29,33 (1) AND 40 OF COMPANIES ACT, 2013 AND REGULATIONS 4,5,6,7,8,9,25,26,32,36,37,46,47,49,57,58,59 AND 63 OF ICDR REGULATIONS
|
DIRECTED NOT TO MOBILIZE FUNDS FROM PUBLIC AND/OR INVITE SUBSCRIPTION, IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 17-JUL-2015 TO 16-JUL-2018
RESTRAINED FROM MOBILIZING FUNDS FROM 17-JUL-2015 TO 16-JUL-2018
PROHIBITED FROM ISSUING PROSPECTUS OR ANY OFFER DOCUMENT, OR ISSUE ADVERTISEMENT FOR SOLICITING MONEY FROM PUBLIC FOR ISSUE OF SECURITIES IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 17-JUL-2015 TO 16-JUL-2018
DIRECTED NOT TO DISPOSE OF PROPERTIES/ASSETS OWNED OR ACQUIRED WITHOUT PRIOR PERMISSION OF SEBI FROM 17-JUL-2015 TO 16-JUL-2018
DIRECTED NOT TO DIVERT ANY FUNDS RAISED FROM PUBLIC AT LARGE KEPT IN BANK ACCOUNT AND/OR IN THE CUSTODY OF THE COMPANY FROM 17-JUL-2015 TO 16-JUL-2018
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 17-JUL-2015 TO 16-JUL-2018
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 17-JUL-2015 TO 16-JUL-2018
DIRECTED TO FILE CERTIFICATE OF COMPLETION OF PROCESS WITH SEBI FROM TWO INDEPENDENT PEER REVIEWED CHARTERED ACCOUNTANTS
27-OCT-2014
|
SEBI VIDE ITS ORDER DATED 17/07/2015 DIRECTED TO A) JOINTLY AND SEVERALLY, REFUND RS.5,32,34,400 COLLECTED THROUGH ALLOTMENT OF SHARES (I.E.RS.4,99,22,400 COLLECTED BY MRDT AND RS.33,12,000 COLLECTED BY MRDF) ALONG WITH INTEREST @ 15% P.A. FROM DATE OF RECEIPT OF MONEY TILL THE DATE OF SUCH REFUND, WITHIN TIME B) PRODUCE DOCUMENTARY EVIDENCE TO SHOW THAT ONLY RS.1,99,24,200 ARE PAYBLE TO PUBLIC AND BALANCE RS.2,99,98,200 (I.E.RS.4,99,22,400 – RS.1,99,24,200) RAISED BY MRDT FROM ISSUANCE OF EQUITY SHARES TO PUBLIC HAVE BEEN REFUNDED/REPAID BY PROMOTERS OF MRDT. C) FILE A CERTIFICATE OF SUCH COMPLETION WITH SEBI FROM TWO INDEPENDENT PEER REVIEWED CHARTERED ACCOUNTS WHO ARE IN THE PANEL OF ANY PUBLIC AUTHORITY OR PUBLIC INSTITUTION D) RESTRAINED FROM, DIRECTLY OR INDIRECTLY, ACCESSING CAPITAL MARKET BY ISSUING PROSPECTUS, ANY OFFER DOCUMENT OR ADVERTISEMENT SOLICITING MONEY FROM PUBLIC AND ARE FURTHER PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES MARKET, DIRECTLY OR INDIRECTLY, IN WHATSOEVER MANNER FOR A PERIOD OF THREE YEARS OR TILL THE DATE OF REFUND OF MONEY TO ALLOTTEES
SAT: SAT VIDE ITS ORDER DATED 03/08/2016 DISMISSED THE APPEAL FOR WANT OF PROSECUTION. NO COSTS
|
| 5 |
|
|
PRAYAG INFOTECH HI-RISE LTD.
(CIN:U74999WB2002PLC094328
PAN:AACCP9645H)
|
|
|
|
AVIK BAGCHI
PAN:ANFPA6417P
DIN:02003461
|
|
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BASUDEB BAGCHI
DIN:00743904
PAN:AFVPB0383D
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LAKSHMI KANT
PAN:AVUPK7049Q
DIN:03122893
|
|
|
SWAPNA BAGCHI
PAN:AFHPB4216R
DIN:00743969
|
|
MOBILIZED RS.24.95 CRORES THROUGH ISSUANCE OF 2,49,50,000 REDEEMABLE PREFERENCE SHARES (RPS) BY WAY OF PRIVATE PLACEMENT TO 24,237 INVESTORS VIOLATING SECTIONS 56, 60, 67 AND 73 OF COMPANIES ACT, 1956 IN MATTER OF PRAYAG INFOTECH HI-RISE LTD.
|
RESTRAINED FROM MOBILIZING FUNDS FROM 30-AUG-2018 TO 29-AUG-2022
DIRECTED TO MAKE REFUND THROUGH BANKING CHANNELS SUCH AS DEMAND DRAFT AND/OR PAY ORDER AND/OR ELECTRONIC MODE OF TRANSFER
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS OWNED BY COMPANY
DIRECTED TO ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES IN CONNECTION WITH THE REFUND OF MONEY
DIRECTED TO FILE CERTIFICATE OF COMPLETION OF PROCESS WITH SEBI FROM TWO INDEPENDENT PEER REVIEWED CHARTERED ACCOUNTANTS
PROHIBITED FROM ISSUING PROSPECTUS OR ANY OFFER DOCUMENT, OR ISSUE ADVERTISEMENT FOR SOLICITING MONEY FROM PUBLIC FOR ISSUE OF SECURITIES IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 30-AUG-2018 TO 29-AUG-2022
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 30-AUG-2018 TO 29-AUG-2022
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 30-AUG-2018 TO 29-AUG-2022
30-SEP-2013
|
SEBI VIDE ITS ORDER DATED 18/02/2014 CONFIRMED ITS INTERIM ORDER DATED 30/09/2013
SEBI VIDE ITS ORDER DATED 30/08/2018 DIRECTED TO A) REFUND THE MONEY COLLECTED THROUGH ISSUANCE OF RPS WITH INTEREST @ 15% P.A. FROM EIGHTH DAY OF COLLECTION OF FUNDS, TILL DATE OF ACTUAL PAYMENT THROUGH BANK DEMAND DRAFT OR PAY ORDER B) PROVIDE FULL INVENTORY OF ASSETS & PROPERTIES AND DETAILS OF ALL BANK ACCOUNTS AND HOLDINGS OF MUTUAL FUNDS/SHARES/SECURITIES, IF HELD IN PHYSICAL AND DEMAT FORM, OF COMPANY AND THEIR OWN C) PERMITTED TO SELL ASSETS OF COMPANY ONLY FOR SOLE PURPOSE OF MAKING REFUNDS AND DEPOSIT PROCEEDS IN ESCROW ACCOUNT OPENED WITH NATIONALISED BANK D) ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES (ONE ENGLISH AND ONE HINDI) AND IN ONE LOCAL DAILY WITH WIDE CIRCULATION, DETAILING MODALITIES FOR REFUND E) FILE CERTIFICATE OF SUCH COMPLETION WITH SEBI CERTIFIED BY TWO INDEPENDENT PEER REVIEWED CHARTERED ACCOUNTANTS WHO ARE IN THE PANEL OF ANY PUBLIC AUTHORITY OR PUBLIC INSTITUTION F) NOT TO, DIRECTLY OR INDIRECTLY, ACCESS SECURITIES MARKET BY ISSUING PROSPECTUS, OFFER DOCUMENT OR ADVERTISEMENT SOLICITING MONEY FROM PUBLIC AND FURTHER RESTRAINED AND PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES MARKET, DIRECTLY OR INDIRECTLY, IN WHATSOEVER MANNER FOR FOUR YEARS FROM DATE OF COMPLETION OF REFUNDS TO INVESTORS
|
| 6 |
|
|
SAHARA HOUSING INVESTMENT CORP.LTD.
(PAN:AAJCS4101J)
|
|
|
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ASHOK ROY CHOUDHARY
DIN:00180901
PAN:ACKPC9547L
|
|
|
RAVI SHANKAR DUBEY
|
|
|
SUBRATA ROY SAHARA
DIN:00431905
PAN:ARKPS3189F
|
|
|
VANDANA BHARRGAVA
PAN:AIHPB8701C
|
|
DID NOT FILE DRAFT OFFER DOCUMENT WITH SEBI AS REQUIRED BEFORE RAISING MONEY FROM PUBLIC
DID NOT MENTION RISK FACTORS AND DID NOT PROVIDE ADEQUATE DISCLOSURES IN PROSPECTUS TO ENABLE INVESTORS TO TAKE WELL INFORMED DECISION
DENIED EXIT OPPORTUNITY TO INVESTORS
DID NOT LOCK-IN MINIMUM PROMOTERS CONTRIBUTION
DID NOT OBTAIN IPO GRADING FOR THE ISSUE
DID NOT OPEN AND CLOSE ISSUE WITHIN STIPULATED TIME LIMIT
DID NOT OBTAIN CREDIT RATING FROM RECOGNIZED CREDIT RATING AGENCY
DID NOT APPOINT DEBENTURE TRUSTEE
DID NOT CREATE CHARGE ON ASSETS OF COMPANY
DID NOT CREATE DEBENTURE REDEMPTION RESERVE
|
PROHIBITED FROM RAISING MONEY FROM PUBLIC FROM 24-NOV-2010 TILL FURTHER ORDERS
RESTRAINED FROM MOBILIZING FUNDS FROM 24-NOV-2010 TILL FURTHER ORDERS
PROHIBITED FROM ISSUING PROSPECTUS OR ANY OFFER DOCUMENT, OR ISSUE ADVERTISEMENT FOR SOLICITING MONEY FROM PUBLIC FOR ISSUE OF SECURITIES IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 24-NOV-2010 TILL FURTHER ORDERS
24-NOV-2010
|
SEBI VIDE PUBLIC NOTICE DATED 15/04/2011 INFORMED THAT HON’BLE HIGH COURT LUCKNOW ON 07/04/2011 HAS VACATED INTERIM STAY ORDER DATED 13/12/2010 PASSED AGAINST SEBI ORDER DATED 24/11/2010
SEBI VIDE ITS ORDER DATED 23/06/2011 DIRECTED THAT 1.TWO COMPANIES, SAHARA COMMODITY SERVICES CORPORATION LIMITED (EARLIER KNOWN AS SAHARA INDIA REAL ESTATE CORPORATION LIMITED)(SIRECL) AND SAHARA HOUSING INVESTMENT CORPORATION LIMITED (SHICL) AND ITS PROMOTERS, MR. SUBRATA ROY SAHARA, AND DIRECTORS OF SAID COMPANIES, MS. VANDANA BHARGAVA, MR. RAVI SHANKAR DUBEY AND MR. ASHOK ROY CHOUDHARY, JOINTLY AND SEVERALLY, SHALL FORTHWITH REFUND MONEY COLLECTED AS OPTIONALLY FULLY CONVERTIBLE DEBENTURES BY AFORESAID COMPANIES THROUGH RHP DATED MARCH 13, 2008 AND OCTOBER 6, 2009, WITH INTEREST OF 15% P.A.FROM DATE OF RECEIPT OF MONEY TILL DATE OF SUCH REPAYMENT THROUGH DD OR PAYORDER 2. SIRECL AND SHICL SHALL ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES (ONE ENGLISH AND ONE HINDI) WITH WIDE CIRCULATION, DETAILING MODALITIES FOR REFUND WITHIN 15 DAYS OF THIS ORDER 3.SIRECL AND SHICL ARE RESTRAINED FROM ACCESSING SECURITIES MARKET FOR RASING FUNDS TILL THE TIME AFORESAID PAYMENTS ARE MADE TO SATISFACTION OF SEBI 4.MR. SUBRATA ROY SAHARA, MS. VANDANA BHARGAVA, MR. RAVI SHANKAR DUBEY AND MR. ASHOK ROY CHOUDHARY ARE RESTRAINED FROM ASSOCIATING THEMSELVES, WITH ANY LISTED PUBLIC COMPANY AND ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC, TILL SUCH TIME AFORESAID PAYMENTS ARE MADE TO SATISFACTION OF SEBI
|
| 7 |
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SAHARA INDIA REAL ESTATE CORP.LTD.
(CIN:U45201UP2005PLC030918
PAN:AAJCS7265F)
|
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|
|
ASHOK ROY CHOUDHARY
DIN:00180901
PAN:ACKPC9547L
|
|
|
RAVI SHANKAR DUBEY
|
|
|
SUBRATA ROY SAHARA
DIN:00431905
PAN:ARKPS3189F
|
|
|
VANDANA BHARRGAVA
PAN:AIHPB8701C
|
|
DID NOT FILE DRAFT OFFER DOCUMENT WITH SEBI AS REQUIRED BEFORE RAISING MONEY FROM PUBLIC
DID NOT MENTION RISK FACTORS AND DID NOT PROVIDE ADEQUATE DISCLOSURES IN PROSPECTUS TO ENABLE INVESTORS TO TAKE WELL INFORMED DECISION
DENIED EXIT OPPORTUNITY TO INVESTORS
DID NOT LOCK-IN MINIMUM PROMOTERS CONTRIBUTION
DID NOT OBTAIN IPO GRADING FOR THE ISSUE
DID NOT OPEN AND CLOSE ISSUE WITHIN STIPULATED TIME LIMIT
DID NOT OBTAIN CREDIT RATING FROM RECOGNIZED CREDIT RATING AGENCY
DID NOT APPOINT DEBENTURE TRUSTEE
DID NOT CREATE CHARGE ON ASSETS OF COMPANY
DID NOT CREATE DEBENTURE REDEMPTION RESERVE
|
PROHIBITED FROM RAISING MONEY FROM PUBLIC FROM 24-NOV-2010 TILL FURTHER ORDERS
RESTRAINED FROM MOBILIZING FUNDS FROM 24-NOV-2010 TILL FURTHER ORDERS
PROHIBITED FROM ISSUING PROSPECTUS OR ANY OFFER DOCUMENT, OR ISSUE ADVERTISEMENT FOR SOLICITING MONEY FROM PUBLIC FOR ISSUE OF SECURITIES IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 24-NOV-2010 TILL FURTHER ORDERS
24-NOV-2010
|
SEBI VIDE PUBLIC NOTICE DATED 15/04/2011 INFORMED THAT HON’BLE HIGH COURT LUCKNOW ON 07/04/2011 HAS VACATED INTERIM STAY ORDER DATED 13/12/2010 PASSED AGAINST SEBI ORDER DATED 24/11/2010
SEBI VIDE ITS ORDER DATED 23/06/2011 DIRECTED THAT 1.TWO COMPANIES, SAHARA COMMODITY SERVICES CORPORATION LIMITED (EARLIER KNOWN AS SAHARA INDIA REAL ESTATE CORPORATION LIMITED)(SIRECL) AND SAHARA HOUSING INVESTMENT CORPORATION LIMITED (SHICL) AND ITS PROMOTERS, MR. SUBRATA ROY SAHARA, AND DIRECTORS OF SAID COMPANIES, MS. VANDANA BHARGAVA, MR. RAVI SHANKAR DUBEY AND MR. ASHOK ROY CHOUDHARY, JOINTLY AND SEVERALLY, SHALL FORTHWITH REFUND MONEY COLLECTED AS OPTIONALLY FULLY CONVERTIBLE DEBENTURES BY AFORESAID COMPANIES THROUGH RHP DATED MARCH 13, 2008 AND OCTOBER 6, 2009, WITH INTEREST OF 15% P.A.FROM DATE OF RECEIPT OF MONEY TILL DATE OF SUCH REPAYMENT THROUGH DD OR PAYORDER 2. SIRECL AND SHICL SHALL ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES (ONE ENGLISH AND ONE HINDI) WITH WIDE CIRCULATION, DETAILING MODALITIES FOR REFUND WITHIN 15 DAYS OF THIS ORDER 3.SIRECL AND SHICL ARE RESTRAINED FROM ACCESSING SECURITIES MARKET FOR RASING FUNDS TILL THE TIME AFORESAID PAYMENTS ARE MADE TO SATISFACTION OF SEBI 4.MR. SUBRATA ROY SAHARA, MS. VANDANA BHARGAVA, MR. RAVI SHANKAR DUBEY AND MR. ASHOK ROY CHOUDHARY ARE RESTRAINED FROM ASSOCIATING THEMSELVES, WITH ANY LISTED PUBLIC COMPANY AND ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC, TILL SUCH TIME AFORESAID PAYMENTS ARE MADE TO SATISFACTION OF SEBI
|
| 8 |
|
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UNIQUE MULTI FOODS INDUSTRIES LTD.
(CIN:U01400PB2012PLC036347)
|
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MALKINDER SINGH
DIN:07407549
PAN:ASWPS6806J
|
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RAJINDER SINGH
DIN:03634397
PAN:ABNPS5493D
|
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|
SUBHASH CHANDER SHARMA
DIN:03446903
PAN:APXPS7159E
|
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DID NOT FILE PROSPECTUS WITH ROC VIOLATING SECTIONS 23(1) AND 26(4) READ WITH 2(70) OF THE COMPANIES ACT, 2013 IN MATTER OF UNIQUE MULTI FOODS INDUSTRIES LTD.
DID NOT MAKE APPLICATION FOR LISTING OF SECURITIES TO RECOGNIZED STOCK EXCHANGE VIOLATING SECTION 40(1) OF THE COMPANIES ACT, 2013 IN MATTER OF UNIQUE MULTI FOODS INDUSTRIES LTD.
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RESTRAINED FROM MOBILIZING FUNDS FROM 22-MAY-2019 UNTIL FURTHER ORDERS
PROHIBITED FROM ISSUING PROSPECTUS OR ANY OFFER DOCUMENT, OR ISSUE ADVERTISEMENT FOR SOLICITING MONEY FROM PUBLIC FOR ISSUE OF SECURITIES IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 22-MAY-2019 UNTIL FURTHER ORDERS
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 22-MAY-2019 UNTIL FURTHER ORDERS
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 22-MAY-2019 UNTIL FURTHER ORDERS
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
DIRECTED NOT TO DISPOSE OF, ALIENATE OR ENCUMBER ANY ASSETS / PROPERTIES
DIRECTED NOT TO DIVERT ANY FUNDS RAISED FROM PUBLIC EITHER THROUGH OFFER AND ALLOTMENTS OF PREFERENCE SHARES AND/OR ALLOTMENT OF DEBENTURES
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS OWNED BY COMPANY
DIRECTED TO PROVIDE ALL INFORMATION REGARDING AMOUNT MOBILIZED INCLUDING NAMES OF DEBENTURE HOLDERS AND THEIR ADDRESSES, NUMBER OF SRNCDS ISSUED, PROMISED MATURITY AMOUNT WITH DATE OF MATURITY, AMOUNT REFUNDED AND DATE THEREOF DURING F.Y.2012-2016
22-MAY-2019
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SEBI VIDE ITS NOTICE DATED 24/08/2022 DIRECTED TO PAY RS.4,45,33,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 30/05/2023 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
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| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
