| PRESS RELEASE - SEBI |
August 10, 2015
Interim Order cum Show Cause Notice in the matter of M/s Togo Retail Marketing Limited Shri Prashant Saran, Whole Time Member, Securities and Exchange Board of India (SEBI), has passed an interim order cum Show Cause Notice dated August 05, 2015 in the matter of Togo Retail Marketing Limited, inter-alia directing as follows:
Togo Retail Marketing Limited and its promoters/ directors including the above named persons are prohibited from issuing prospectus or any offer document or issue advertisement for soliciting money from the public for the issue of securities, in any manner whatsoever, either directly or indirectly, till further orders. Togo Retail Marketing Limited and its promoters/ directors including the above named persons shall not dispose off any of the properties or alienate the assets of the Company or dispose off any of their properties or alienate their assets. Togo Retail Marketing Limited and its promoters/ directors including the above named persons shall not divert any funds raised from public at large through the issuance of the impugned equity shares, kept in its bank accounts and/ or in the custody of the Company without prior permission of SEBI until further orders. Togo Retail Marketing Limited and its promoters/ directors including the above named persons are restrained from accessing the securities market and are further prohibited from buying, selling or otherwise dealing in securities in any manner whatsoever, either directly or indirectly, till further directions. Togo Retail Marketing Limited and its promoters/ directors including the above named persons shall co-operate with SEBI and shall furnish all the documents. Togo Retail Marketing Limited, its promoters/ directors including the above named persons are also directed to provide a full inventory of all their assets and properties and details of all their bank accounts, demat accounts and holdings of shares/ securities, if held in physical form. The company was engaged in fund mobilizing activity through issue of equity shares to more than 49 person without complying with the relevant provisions of the Companies Act, 1956, SEBI (DIP) Guidelines, 2000 and SEBI (ICDR) Regulations, 2009.
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For full copy of order against AMIT MISHRA, click here. For full copy of order against CHHOTE LAL SHUKLA, click here. For full copy of order against DEENA NATH MAURYA, click here. For full copy of order against DILIP KUMAR MISHRA, click here. For full copy of order against GIRRAJ VASHISTHA, click here. For full copy of order against GURBHEJ SINGH HORA, click here. For full copy of order against JAYNARAYAN TRIPATHY, click here. For full copy of order against KISHAN PAL SINGH, click here. For full copy of order against MANOJ KUMAR JOSHI, click here. For full copy of order against MUKESH KUMAR KHARE, click here. For full copy of order against MUNSHI LAL TIWARI, click here. For full copy of order against PRAHLAD SINGH, click here. For full copy of order against PRITHI PAUL SINGH SETHI, click here. For full copy of order against RAJESH KUMAR SHARMA, click here. For full copy of order against RAJIT RAM MAURYA, click here. For full copy of order against RAMENDRA PRASAD SHARMA, click here. For full copy of order against SANJEEV KUMAR JHA, click here. For full copy of order against SHAILENDRA KUMAR PRAJAPATI, click here. For full copy of order against SHAUKEEN PATHAK, click here. For full copy of order against SHIVA NAND MISHRA, click here. For full copy of order against SHREE KISHAN CHAUDHARY, click here. For full copy of order against TOGO RETAIL MARKETING LTD., click here. For full copy of order against VISHWA BANDHU VASHISTHA, click here. |