February 24, 2009
PR No. 096/2009

Orders in the matter of M/s. Parsoli Corporation Limited

Dr. K M Abraham, Whole Time Member, SEBI, has passed an order dated February 20, 2009 restraining Parsoli Corporation Limited, its whole time directors namely Mr. Zafar Sareshwala and Mr Uves Sareshwala and its associates/group companies from accessing the securities market and also from buying, selling or dealing in securities in any manner directly or indirectly, till further orders. The order further states that the activities of Parsoli Corporation Limited as a stock broker and depository participant shall be restricted to the extent of not permitting the addition of any new clients in such capacities and their activities in regard to the existing clients may continue unhindered till further orders. 
 
Parsoli Corporation Limited has also been directed to remove Pinnacle Shares Registry Private Limited as its Registrar and Transfer Agent and appoint another Registrar and Transfer Agent within a period of six months from the date of the order. 
 
SEBI had conducted an inspection of the share transfer records of Parsoli Corporation Ltd and its Registrar and Share Transfer agent viz. Pinnacle Shares Registery Private Limited based on complaints received from investors on alleged fraudulent transfer and dematerialization of shares from their accounts. 
 
In a separate order dated February 20, 2009, passed by Dr. K M Abraham, Whole Time Member, SEBI, Pinnacle Shares Registry Private Limited has been prohibited from entering into any fresh agreements with client companies in its operations as registrar to the issue and share transfer agent till further orders. 
 
The orders shall come into force with immediate effect.
  

Mumbai

February 24, 2009

For full copy of order against A.HAMEED A.GAFFAR MEMON, click here.

For full copy of order against ABDUL HAMEED ABDUL GAFFER MEMON, click here.

For full copy of order against ABDULHAMED A.GAFFAR MEMON, click here.

For full copy of order against ABDULSAMAD ABDUL GAFFER MEMON, click here.

For full copy of order against AHMED ZAFAR SARESHWALA, click here.

For full copy of order against AMENA MAKSUD KOTHAWALA, click here.

For full copy of order against ASLAMKHAN REHMATKHAN PATHAN, click here.

For full copy of order against ASMA UVES SARESHWALA, click here.

For full copy of order against FATEMA MUKHTAR KOTHAWALA, click here.

For full copy of order against FATEMA UVES SARESHWALA, click here.

For full copy of order against GULAM RASOOL MOHIUDDIN BOMBAYWALA, click here.

For full copy of order against HABIB ZAFAR SARESHWALA, click here.

For full copy of order against IFTEKHAR MOHAMMED YUSUF MANSOORI, click here.

For full copy of order against KHADIJA ZAFAR SARESHWALA, click here.

For full copy of order against MAKSUD YUSUFBHAI KOTHAWALA, click here.

For full copy of order against MANSURI IFTEKHAR M.YUSUF, click here.

For full copy of order against MARIAM YUSUF KOTHAWALA, click here.

For full copy of order against MOHAMMED A.KOTHAWALA, click here.

For full copy of order against MOHAMMED ALIBHAI KOTHAWALA, click here.

For full copy of order against MUKHTAR YUSUFBHAI KOTHAWALA, click here.

For full copy of order against NASIR MALIK, click here.

For full copy of order against PARSOLI CORP.LTD., click here.

For full copy of order against PARSOLI CORP.LTD., click here.

For full copy of order against PARSOLI CORP.LTD., click here.

For full copy of order against PARSOLI CORP.LTD., click here.

For full copy of order against PARSOLI CORP.LTD., click here.

For full copy of order against PINNACLE SHARES REGISTRY PVT.LTD., click here.

For full copy of order against QUDSIYA TALHA SARESHWALA, click here.

For full copy of order against SALEHA MOHAMMED YUNUS SARESHWALA, click here.

For full copy of order against SUMAIYA TALHA SARESHWALA, click here.

For full copy of order against TALHA SARESHWALA, click here.

For full copy of order against TALHA YUNUS SARESHWALA, click here.

For full copy of order against UMAR UVES SARESHWALA, click here.

For full copy of order against UVES MOHAMMED YUNUS SARESHWALA, click here.

For full copy of order against UVES MOHAMMED YUNUS SARESHWALA, click here.

For full copy of order against UVES MOHAMMED YUNUS SARESHWALA, click here.

For full copy of order against UVES MOHAMMED YUNUS SARESHWALA, click here.

For full copy of order against YUSUFBHAI UMARBHAI KOTHAWALA, click here.

For full copy of order against ZAFAR YUNUS SARESHWALA, click here.

For full copy of order against ZAFAR YUNUS SARESHWALA, click here.

For full copy of order against ZAFAR YUNUS SARESHWALA, click here.

For full copy of order against ZAFAR YUNUS SARESHWALA, click here.