February 04, 2015
PR No. 030/2015

Order in the matter of M/s Garima Homes and Farm Houses Limited (GHFL) and its Directors

Shri S Raman, Whole Time Member, SEBI, has passed an order on February 03 2015 in the matter of Garima Homes and Farm Houses 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 and Securities And Exchange Board Of India (Prohibition Of Fraudulent And Unfair Trade Practices Relating To Securities Market) Regulations, 2003.
 
The Registered Office of the Company is situated at Pandwala Road, Mubarkpur, Tehsil Dera Bassi, Mohali, Punjab. The order directed the company and its Directors, Mr. Shivram Kushwah, Mr. Banabarilal Lodhi, Mr. Balkishan Kushwah, Mr. Banwari Lal Kushwah, Mr. Bijendra Pal Singh and Mr. Jitendra Kumar 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; to immediately submit the full inventory of assets including land obtained through money raised by GHFL; 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 GHFL; 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 Collective Investment Scheme (CIS) as defined in section 11AA of the SEBI Act, 1992.

Mumbai
February 04, 2015

For full copy of order against BALKISHAN KUSHWAH, click here.

For full copy of order against BANABARILAL LODHI, click here.

For full copy of order against BANWARI LAL KUSHWAH, click here.

For full copy of order against BIJENDRA PAL SINGH, click here.

For full copy of order against GARIMA HOMES & FARM HOUSES LTD., click here.

For full copy of order against GARIMA HOMES & FARM HOUSES LTD., click here.

For full copy of order against JITENDRA KUMAR, click here.

For full copy of order against SHIVRAM KUSHWAH, click here.