PRESS RELEASE - SEBI

 February 22, 2010
PR No. 047/2010

Order in the matter of JVG Finance Ltd.

Dr. K. M. Abraham, Whole Time Member, SEBI, vide his order dated February 19, 2010 has, inter-alia, restrained the following persons and entities, from accessing the securities market and prohibited them from buying, selling or dealing in securities in any manner either directly or indirectly for a period of two years.

Sl No.

Name & Address of the Entities/Persons

1

Mr. V. K. Sharma having his address at A-2, Chattarpur Enclave, Phase-II, New Delhi � 110 068

2

Mr. Tripat Singh Bhan having his address at B-22, Ansal Chambers-I, Bhikaji Cama Place, New Delhi � 110 066

3

Mr. Biresh Prasad Singh having his address at B-22, Ansal Chambers-I, Bhikaji Cama Place, New Delhi � 110 066

4

Hoffland Finance Limited having its address at 1207, Hemkunt Towers, Rajendra Place, New Delhi - 110008

5

Mr. D. P. Nayyar having his address at 1207, Hemkunt Towers, Rajendra Place, New Delhi - 110008

6

Mr. S. P. Sharma having his address at B-5/100, Safdarjung Enclave, New Delhi

7

Mr. B. B. Sharma having his address at B-2/54, Safdarjung Enclave, New Delhi

8

Mr. M. N. Badam having his address at E-15/B, DDA Flats, Munirka, New Delhi

9

Mr. A. Subba Rao having his address at CS-91/398, West Azad Nagar, Krishna Nagar, New Delhi

10

Marisia Financial Services Limited having its address at 431, Ansal Chambers-2, Bhikaji Cama Place, New Delhi - 110066

11

Mr. Rakesh Mishra having his address at A-40, Village Mohammedpur,

Near Bhikaji Cama Place, New Delhi

 12

Mr. Hari Kumar having his address at 519, Ansal Chambers-II, Bhikaji Cama Place, New Delhi

13

M/s. V. M. Investments having its address at Shop No. 125, 110, Apna Bazar, Gurgaon

14

Mr. Rana Das having his address at 421, Ansal Chambers-2, Bhikaji Cama Place, New Delhi - 110066

15

Mr. S. K. Gupta having his address at 15-70, Kanoon Goyan, Aligarh (Uttar Pradesh)

16

Evergrow Financial Services Private Limited having its address at Flat No. 709, Pocket-D, Dilshad Garden, New Delhi - 110095

17

Mr. Ashok Kumar Kohli having his address at Flat No. 709, Pocket-D, Dilshad Garden, New Delhi - 110095

18

Mr. Gopal Gupta having his address at E-21 A, Om Vihar, Uttam Nagar, New Delhi



Further, the proceedings initiated by SEBI against JVG Finance Limited (vide show cause notice dated October 26, 2004) and Mr. Jagdish Narain and Mr. Pramod Kapur (vide show cause notices dated November 17, 2004) are disposed of without any directions, for the reasons stated in the order.

The order shall come into force with immediate effect.  
 
Mumbai

February 22, 2010

 

For full copy of order against A.SUBBA RAO, click here.

For full copy of order against ASHOK KUMAR KOHLI, click here.

For full copy of order against BIRESH PRASAD SINGH, click here.

For full copy of order against BRIJ BHUSHAN SHARMA, click here.

For full copy of order against D.P.NAYYAR, click here.

For full copy of order against EVERGROW FINANCIAL SERVICES PVT.LTD., click here.

For full copy of order against GOPAL GUPTA, click here.

For full copy of order against HARI KUMAR, click here.

For full copy of order against HOFFLAND FINANCE LTD., click here.

For full copy of order against M.N.BADAM, click here.

For full copy of order against MARISIA FINANCIAL SERVICES LTD., click here.

For full copy of order against RAKESH MISHRA, click here.

For full copy of order against RANADAS, click here.

For full copy of order against S.K.GUPTA, click here.

For full copy of order against SURAJ PAL SHARMA, click here.

For full copy of order against TRIPAT SINGH BHAN, click here.

For full copy of order against V.K.SHARMA, click here.

For full copy of order against V.M.INVESTMENTS, click here.