PRESS RELEASE - SEBI

August 08, 2014
PR No. 082/2014


Order in the matter of I-Core E-Services Limited

Shri Prashant Saran, Whole Time Member, Securities And Exchange Board Of India (SEBI), has passed an order dated July 25th, 2014 in the matter of I-Core E-Services Limited, inter-alia directing that the company shall not mobilize funds from investors. Further, the company and its directors (Mr. Anukul Maiti, Mrs. Kanika Maiti, Mr. Swapan Kumar Roy, Mr. Radhashyam Giri, Mr. Tapan Kumar Charterjee, Mr. Saral Ranjan Gupta, Mr. Amal Bhattacharya, Mr. Chandan Dey and Mr. Mahadeb Sen) are prohibited from issuing prospectus or any offer document or issue advertisement for soliciting money from the public for the issue of securities, in any manner whatsoever, either directly or indirectly, till further orders.
 
The Company, its directors have further been directed not to dispose off any of the properties or alienate or encumber any of the assets of the Company without prior permission from SEBI and not to divert any funds raised from public at large through the Offer of Non-Convertible Debentures, which are kept in bank account(s) and/or in the custody of the company.
 
The company and its above mentioned Directors, are restrained from accessing the securities market and further prohibited from buying, selling or otherwise dealing in the securities market, either directly or indirectly, till further directions.
 
The company was engaged in fund mobilizing activity through issue of Non-Convertible 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

August 08, 2014

For full copy of order against AMAL BHATTACHARYA, click here.

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

For full copy of order against CHANDAN DEY, click here.

For full copy of order against ICORE-E-SERVICES LTD., click here.

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

For full copy of order against MAHADEB SEN, click here.

For full copy of order against RADHASHYAM GIRI, click here.

For full copy of order against SARAL RANJAN GUPTA, click here.

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

For full copy of order against TAPAN KUMAR CHARTERJEE, click here.