March 24, 2015
PR No. 074/2015

Order in the matter of M/s. Astha Techno Realty India Ltd.

Shri S Raman , Whole Time Member, Securities and Exchange Board of India (SEBI), has passed an order dated March 19, 2015 in the matter of Astha Techno Realty India Ltd. directing inter-alia that the company shall not mobilize funds from investors and that the company and its 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 and its directors shall not dispose off any of the properties of the company and shall not divert any funds raised from the public.
 
The company was engaged in fund mobilizing activity through issue of Redeemable Preference Shares to more than 49 persons without complying with the provisions of the Companies Act, 1956.

Mumbai
 
March 24, 2015

For full copy of order against ASTHA TECHNO REALTY INDIA LTD., click here.

For full copy of order against BABLU SANFUI, click here.

For full copy of order against KAMAL KRISHNA DEBNATH, click here.

For full copy of order against NAROTTAM RAHA, click here.

For full copy of order against RONJIT BARIK, click here.