February
18, 2016
PR No. 026/2016
Order in the matter of M/s GCA Marketing P Limited, its promoters and Directors
Shri Prashant Saran, Whole Time Member, SEBI, has passed an order on February 04, 2016 in the matter of M/s
GCA Marketing P Ltd., its promoters and Directors.
The Registered Office of the Company is situated at F-77, Civil Lines, Bhatinda, Punjab. The order directed
the company GCA Marketing Private Limited and its Directors Sh Amardeep Singh Cheema & Sh Gurdeep
Singh to abstain from collecting any money from investors or launch or carry out Collective Investment
Schemes; to wind up existing Collective Investment Schemes and refund the investors through ‘Bank
Demand Draft’ or ‘Pay Order’ within a period of 3 months from the date of the Order and thereafter within
a period of fifteen days, submit a winding up and repayment report to SEBI; not to dispose of or alienate or
sell off any of the properties/assets obtained directly or indirectly through money raised by GCA except for
purpose of making refunds to investors; to provide full inventory of their assets and properties and details of
bank accounts, demat accounts and holdings of shares/ securities. The orders further restrains GCA
Marketing Private Limited and its Directors Sh Amardeep Singh Cheema & Sh Gurdeep Singh from
accessing securities markets and prohibits them from buying, selling and
dealing in securities for a period of 4 years.
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
February 18, 2016
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