June 09, 2014
PR No. 058/2014

Order in the matter of M/s Adel Landmarks Limited (formerly known as M/s Era Landmarks Limited)

Shri S. Raman, Whole Time Member, SEBI, has passed an order on June 05, 2014 in the matter of M/s Adel Landmarks Limited (formerly known as M/s Era Landmarks Limited). The order directed the company and its directors viz. Mr. Sumit Bharana, Mr. Arvind Kumar Birla, Ms. Manisha Bharana, Mr. Rakesh Kumar Gupta, Ms.Rashmi Bharana and its former directors viz. Mr. Sanjay Chawla, Mr. Hem Singh Bharana, Mr. Ishwar Singh Gulia, Mr. P.P.Mainra, Mr. Krishna Kant, Mr. Amarjit Gupta, Mr. Anil Kumar Mehta, Mr. J.L.Khushu, Mr. Bijander Singh, Mr. A.K.Seth, Mr. B.K.Vinayak and Mr. N.V.Singh; not to collect any fresh money from investors under its existing scheme; not to launch any new schemes or plans; to immediately submit the full inventory of the assets owned by M/s Adel Landmarks Limited; not to dispose of any of the properties or alienate the assets of the existing scheme; not to divert any funds raised from public at large, kept in bank account(s) and/or in the custody of M/s Adel Landmarks Limited; to furnish all the information/details sought by SEBI including details of amount mobilized and refunded till date, scheme wise list of investors and their contact numbers and addresses, and PAN of its Directors, within 15 days from the date of receipt of the Order.
 
M/s Adel Landmarks Limited was prima facie found to be engaged in fund mobilising activity from public by floating ‘collective investment schemes’ without obtaining certificate of registration from SEBI.

Mumbai
 
June 09, 2014

For full copy of order against A.K.SETH, click here.

For full copy of order against ADEL LANDMARKS LTD., click here.

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

For full copy of order against ANIL KUMAR MEHTA, click here.

For full copy of order against ARVIND KUMAR BIRLA, click here.

For full copy of order against B.K.VINAYAK, click here.

For full copy of order against BIJANDER SINGH, click here.

For full copy of order against HEM SINGH BHARANA, click here.

For full copy of order against ISHWAR SINGH GULIA, click here.

For full copy of order against J.L.KHUSHU, click here.

For full copy of order against KRISHNA KANT, click here.

For full copy of order against MANISHA BHARANA, click here.

For full copy of order against N.V.SINGH, click here.

For full copy of order against P.P.MAINRA, click here.

For full copy of order against RAKESH KUMAR GUPTA, click here.

For full copy of order against RASHMI BHARANA, click here.

For full copy of order against SANJAY CHAWLA, click here.

For full copy of order against SUMIT BHARANA, click here.