December 08, 2014
PR No. 153/2014

Order in the matter of M/s Mass Infra Realty Limited

Shri S Raman, Whole Time Member, SEBI, has passed an order dated December 4, 2014 in the matter of Mass Infra Realty Limited, inter-alia directing that the company shall not mobilize funds from investors. Further, the company and its past and present directors 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 present 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 Secured Redeemable Debenture, which are kept in bank account(s) and/or in the custody of the company.
 
The Debenture Trustees, viz. Debenture Trust Suraksha and Mass Debenture Trust are prohibited from continuing with their present assignment as debenture trustees in respect of the Offer of Non Convertible Secured Redeemable Debenture 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 and its past and present 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 Secured Redeemable Debentures to more than 49 person without complying with the relevant provisions of the Companies Act, 1956, read with Section 465 of the Companies Act, 2013 and provisions of the SEBI (issue and Listing of Debt Securities) Regulations, 2008.

 
Mumbai
 
December 08, 2014

For full copy of order against AJAY KUMAR MAHAPATRA, click here.

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

For full copy of order against BHABANI SHANKAR BISWAL, click here.

For full copy of order against BIDESH BASU, click here.

For full copy of order against DEBENTURE TRUST SURAKSHA, click here.

For full copy of order against DILIP KUMAR CHAKRABORTY, click here.

For full copy of order against KUNDAL MANNA, click here.

For full copy of order against MAHFUZA KHATUN, click here.

For full copy of order against MASS DEBENTURE TRUST, click here.

For full copy of order against MASS INFRA REALTY LTD., click here.

For full copy of order against MUKHALESHUR ALI MIR, click here.

For full copy of order against PRATAP KUMAR BISWAL, click here.

For full copy of order against SAMIR KUMAR MANDAL, click here.

For full copy of order against SUBODH MONDAL, click here.

For full copy of order against SUMEET KUMAR BHAGAT, click here.

For full copy of order against SWADESH BASU, click here.

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