October 27, 2003
PR No. 261/2003
SUBJECT: ORDER PASSED BY CHAIRMAN SEBI IN THE MATTER OF ZED INVESTMENTS LTD
ISSUED BY: SEBI, NRO, New Delhi.
Chairman SEBI in exercise of powers conferred upon him under Section 4(3) of the Securities and Exchange Board of India Act, 1992 read with Section 11(4) (b) and 11B of the said Act and further read with SEBI (Disclosure and Investor Protection Guidelines) has passed an Order against Shri.Tarun Goyal and Smt. Preeti Chaudhary, M/s Zed Investments Ltd and its promoters / directors at the time of its public issue namely Shri. R.K.Srivastava, Shri. R.K.Shukla and Shri. Arun Chaudhary restraining them from accessing the securities market and also prohibiting them from being associated with the securities market in any manner whatsoever to buy, sell or deal in securities for a period of five years from the date of order.
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