August 12, 2004
PR No. 182/2004

Order against Shri Arun Upadhyaya of M/s. Archana Investments in the matter of trading in the scrip of M/s. Greenfield Trading and Finance Ltd.

Shri Arun Upadhyaya of M/s. Archana Investments has been restrained from associating with any corporate body in accessing the securities market and prohibited from buying, selling or dealing in securities, directly or indirectly, for a period of two years. 
 
The order has been passed by Shri A K Batra, Whole Time Member, on July 23, 2004 under Section 19 read with Sections 11B and 11(4) of the Securities and Exchange Board of India Act, 1992 read with Regulation 4(a), (b) and (d) of SEBI (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) Regulations, 1995 and Regulations 12 and 13 of SEBI (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) Regulations, 2003. The order shall come into force with immediate effect. 
 
 
Mumbai
 
August 12, 2004