PRESS RELEASE - SEBI

November 01, 2010
PR No. 244/2010

Order in respect of Advik Laboratories Ltd. and others

in the matter of Advik Laboratories Limited.

Shri Prashant Saran, Whole Time Member, SEBI, has passed an order dated October 27, 2010, in the matter of Advik Laboratories Limited restraining Advik Laboratories Ltd., Mr. V.K. Jain, Mr. Aditya Jain, Ms. Divya Jain, Ms. Kumud Jain, Mr. Rajkumar Jain, Mr. Vivek Jain, Ms. Shivani Jain and Advik Finance and Properties Pvt. Ltd. from buying, selling and dealing or accessing the securities market directly or indirectly in any manner whatsoever for a period of one year from the date of the order. Further, the proceedings against Ms. Shakuntala Jain has been abated since she is no more alive to face the penalty.
 
The order has come into force with immediate effect.
 

Mumbai

November 01, 2010

 


For full copy of order against ADITYA JAIN, click here.

For full copy of order against ADVIK FINANCE & PROPERTIES PVT.LTD., click here.

For full copy of order against ADVIK LABORATORIES LTD., click here.

For full copy of order against DIVYA JAIN, click here.

For full copy of order against KUMUD JAIN, click here.

For full copy of order against RAJKUMAR JAIN, click here.

For full copy of order against SHIVANI JAIN, click here.

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

For full copy of order against VIVEK JAIN, click here.