December 08, 2014
PR No. 155/2014

Order in the matter of M/s Sai Multi Services

Shri S. Raman, Whole Time Member, SEBI has passed an interim order dated December 2, 2014 inter-alia directing M/s Sai Multi Services and its Proprietor, Mr. Sanjay B Tenginkai:

1. Not to collect any money from investors including under the existing "scheme";
2. Not to launch any new schemes or float any new companies/proprietary concern to raise fresh moneys;
3. To immediately submit the full inventory of the assets owned by Mr.Sanjay B Tenginkai and his proprietary concern, Sai Multi Services, out of the amounts collected from the investors under its existing "scheme";
4. Not to dispose of any of the properties or alienate the assets of the existing "scheme";
5. Not to divert any funds raised from public at large, kept in bank account(s) and/or in the custody of Mr.Sanjay
   B Tenginkai or in the name of his Proprietary concern viz. Sai Multi Services;
6. To furnish all the information/details sought by SEBI within 15 days from the date of receipt of this order, including
   1. Details of the scheme along with all the documents/materials pertaining to the scheme offered by Sai Multi Services viz. copies of MOU, Letter of agreement, etc.
   2. Details of the amount mobilized and refunded till date, and,
   3. Scheme wise list of investors and their contact numbers and addresses

 
Mumbai
 
December 08, 2014

For full copy of order against SAI MULTI SERVICES, click here.

For full copy of order against SANJAY B.TENGINKAI, click here.