May 19, 2014
PR No. 042/2014

Order in the matter of M/s. Promotech Infratech Limited

Shri S. Raman, Whole Time Member, SEBI has passed an interim order dated May 15, 2014 under Sections 11, 11(4), 11A and 11B of SEBI Act, 1992, inter-alia directing that M/s. Promotech Infratech Limited shall not mobilize
funds from investors. Further, the company and its directors shall not dispose off any of the properties of the company and shall not divert any funds raised from the public.
 
Also, Shri Pulak Roy is prohibited from continuing with his present assignment as a debenture trustee in respect of the issue of Secured Non–Convertible Redeemable Debentures of the company and also from taking up any new
assignment or involvement in any new issue of debentures, etc. in a similar capacity, from the date of this order till further directions.
 
The company was engaged in fund mobilizing activity through issue of Secured Non-Convertible Redeemable Debentures to more than 49 person without complying with the relevant provisions of the Companies Act, 1956 and
provisions of the SEBI (Issue and Listing of Debt Securities) Regulations, 2008.
 
 
  
Mumbai
 
May 19, 2014

For full copy of order against ANUKUL MAITI, click here.

For full copy of order against ATANU HALDER, click here.

For full copy of order against KANIKA MAITI, click here.

For full copy of order against PROMOTECH INFRATECH LTD., click here.

For full copy of order against PULAK ROY, click here.

For full copy of order against SAMAR MUSTAFI, click here.

For full copy of order against SWAPAN KUMAR ROY, click here.