June 08, 2009
PR No. 183/2009
Order against Mr. Atin Das, Mrs. Bani Das, Mr. Sudhir Ranjan Das and Mrs. Biva Rani Das
Dr. K.M. Abraham, Whole Time Member, SEBI, has passed order dated May 29, 2009 against Mr. Atin Das, Mrs. Bani Das, Mr. Sudhir Ranjan Das and Mrs. Biva Rani Das disposing off the proceedings initiated against them pursuant to the ad-interim ex-parte order dated February 20, 2007.
Mr. Atin Das, Mrs. Bani Das, Mr. Sudhir Ranjan Das and Mrs. Biva Rani Das have been directed not to accept money from investors under the Monthly Income Scheme or by way of any other similar schemes in contravention of the Regulations framed under the Securities and Exchange Board of India Act, 1992 and/or any directions issued in this regard, in the interest of investors and the securities market. Further, Mr. Atin Das shall satisfy any rightful claim that may arise in future, if any, from any investor who had invested in the Monthly Income Scheme employed by Mr. Atin Das for mobilizing funds from the public/investors.
Mumbai
June 08, 2009
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