PRESS RELEASE - SEBI

July 07, 2015
PR No. 181/2015

Order in the matter of M/s Emerging India Infra Ltd., its promoters and Directors

Shri S Raman, Whole Time Member, SEBI, has passed an order on June 26, 2015 in the matter of M/s. Emerging India Infra Ltd. (EIIL), its promoters and Directors.
 
The Registered Office of the Company is situated at SCO 46-47, Sector 9 D, Near Matka Chowk, Madhya Marg, Chandigarh-160009. The order directed the company and its Directors Shri Gurpret Singh Sidhu, Shri Gurlal Singh , Sh Harminder Singh , Shri Ashok Kumar, Shri Sunil Singh and Shri Prashant Sharma , not to collect any fresh money from investors under its existing schemes; not to launch any new schemes or plans or float any new companies to raise fresh moneys; to immediately submit the full inventory of the assets obtained through money raised by EIIL; not to dispose of or alienate or sell off any of the properties/assets obtained directly or indirectly through money raised by EIIL; not to divert any fund raised from public at large which are kept in bank account(s) and/or in the custody of EIIL. They are also directed to furnish the details of amount mobilised and refunded till date as certified by their statutory auditor, scheme wise list of investors and their contact numbers and addresses , PAN numbers of the aforementioned directors and details of agents along with address, money mobilized and commission paid.
 
The Company was engaged in fund mobilizing activity from public by floating/sponsoring/ launching Collective Investment Scheme (CIS) as defined in section 11AA of the SEBI Act, 1992.

 
Mumbai
 
July 07, 2015

 


For full copy of order against ASHOK KUMAR, click here.

For full copy of order against EMERGING INDIA INFRA LTD., click here.

For full copy of order against GURLAL SINGH, click here.

For full copy of order against GURPREET SINGH SIDHU, click here.

For full copy of order against HARMINDER SINGH, click here.

For full copy of order against PRASHANT SHARMA, click here.

For full copy of order against SUNIL SINGH, click here.