May 19, 2014
PR No. 043/2014

Order in the matter of M/s. GSHP Realtech Limited

Shri S Raman, Whole Time Member, SEBI, has passed an order dated May 15, 2014 under sections 11, 11(4), 11A and 11B of SEBI Act, 1992 in the matter of GSHP Realtech Limited, directing inter-alia that the company 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, GSHP Welfare and Development Trust is prohibited from continuing with his present assignment as a debenture trustee in respect of the issue of Secured Non–Convertible Redeemable Debentures of GSHP 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 ARUN KUMAR SINGH, click here.

For full copy of order against DHARAMPAL KUMAR RAWAT, click here.

For full copy of order against GSHP REALTECH LTD., click here.

For full copy of order against GSHP WELFARE & DEVELOPMENT TRUST, click here.

For full copy of order against MAHESH KUMAR SINGH, click here.

For full copy of order against RAJ KUMAR MONDAL, click here.

For full copy of order against SANJAY KUMAR SRIVASTAVA, click here.