January 15, 2015
PR No. 010/2015

Order in the matter of Utkarsha Plotters & Multi Agro Solutions India Limited and its Directors

Shri S Raman, Whole Time Member, SEBI, has passed an order on January 14, 2015 in the matter of Utkarsha Plotters & Multi Agro Solutions India Limited and its directors under Sections 11(1), 11(4) and 11B of the Securities and Exchange Board of India Act, 1992 read with Regulation 65 of the Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999.

The Registered Office of the Company is situated at 9, Basement, A wing, Shri Chhatrapati Shivaji Maharaj, Jilha Krida Sankul, Opp. State Bank of India, Jalgaon, Maharashtra-425001. The order directed the company and its Directors, Dipali Mithalal Gurav, Mitharam Chhagan Gurav and Pravin Chhagan Gurav not to collect any fresh money from the investors under its existing scheme or not to launch any new schemes or plans or float any new companies to raise fresh moneys; not to dispose of or alienate any of the properties/assets obtained directly or indirectly through money raised by the company; not to divert any funds raised from public at large which are kept in bank account(s) and/or in the custody of the company; to furnish all the information/details sought by SEBI within 15 days from the date of receipt of the order.
 
The Company was engaged in fund mobilizing activity from public by floating/sponsoring/ launching unregistered /unauthorized Collective Investment Scheme (CIS) as defined in section 11AA of the SEBI Act, 1992.

Mumbai
January 15, 2015

For full copy of order against DIPALI MITHALAL GURAV, click here.

For full copy of order against MITHARAM CHHAGAN GURAV, click here.

For full copy of order against PRAVIN CHHAGAN GURAV, click here.

For full copy of order against UTKARSHA PLOTTERS & MULTI AGRO SOLUTIONS INDIA LTD., click here.