PRESS RELEASE - SEBI

 April 01, 2010
PR No. 086/2010

Order in the matter of Eider Infotech Ltd.

Shri Prashant Saran, Whole Time Member, SEBI, has passed an order dated March 30, 2010 in the matter of Eider Infotech Ltd restraining Mr. Sanjay Sinha, Eider E-Commerce Ltd., Eider Financial Services Ltd., Centre for Excellence in Fashion Technology, Mr. N K. Jain (proprietor of Parshad & Co. and Saran Investments Ltd.) from buying, selling or dealing in securities and from associating in securities market in any manner whatsoever for a period of one year from the date of the order. Further, vide the said order, the show cause notices issued against Eider Infotech Ltd., Smt. Rama Sinha, Wg. Cdr. Manmohan Dhasmana and Mr. B.L. Khurana are disposed of without any directions.

The order shall come into force with immediate effect.

Mumbai
April 01, 2010

 


For full copy of order against CENTRE FOR EXCELLENCE IN FASHION TECHNOLOGY, click here.

For full copy of order against EIDER E-COMMERCE LTD., click here.

For full copy of order against EIDER FINANCIAL SERVICES LTD., click here.

For full copy of order against N.K.JAIN, click here.

For full copy of order against SANJAY SINHA, click here.