For full copy of order against JAYEM EXPORTS PVT.LTD., click here.

For full copy of order against MURLI LEKHRAJ, click here.

For full copy of order against MURLI LEKHRAJ, click here.

For full copy of order against MURLI LEKHRAJ, click here.

For full copy of order against SANWA DEVELOPMENTS PVT.LTD., click here.

For full copy of order against SANWA FINANCE PVT.LTD., click here.

PRESS RELEASE - SEBI

September 06, 2004
PR No. 213/2004

Shri Murli Lekhraj debarred along with M/s. Sanwa Finance P. Ltd. (SFPL), M/s. Sanwa Developments P. Ltd. (SDPL) and M/s Jayem Exports P. Ltd. (JEPL) from accessing the securities market and from buying, selling or dealing in securities

Securities and Exchange Board of India has debarred Shri Murli Lekhraj along his group companies with M/s. Sanwa Finance P. Ltd. (SFPL), M/s. Sanwa Developments P. Ltd. (SDPL), and M/s. Jayem Exports P. Ltd. (JEPL) from accessing the securities market and from buying, selling or dealing in securities for a period of two years. The order has been passed by Shri A K Batra, Whole Time Member, on August 31, 2004, under Regulation 11 of the SEBI (Prohibition Of Fraudulent And Unfair Trade Practices Relating To Securities Market) Regulations, 2003 read with Sections 11 & 11B of the SEBI Act, 1992, for manipulation in the scrip of United Western Bank Ltd. (UWB). The order has come into force with immediate effect. 
 
 
Mumbai
 
September 6, 2004