March 24, 2015
PR No. 081/2015

Order in the matter of M/s. Infocare Infra Limited (IIL)

Shri S. Raman, Whole Time Member, SEBI has passed an interim order dated March 19, 2015, inter-alia directing that M/s Infocare Infra Limited shall not mobilize funds from the investors. Further, 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. They are also 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.
 
Also, Debenture Trustees viz. Shri Pawan Kumar Agarwal is prohibited from continuing with his present assignment as debenture trustees in respect of the issue of NCDs 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 was engaged in fund mobilizing activity through issue of Preference Shares and NCDs to more than 49 persons without complying with the relevant provisions of the Companies Act, 1956 and provisions of the SEBI (Issue and Listing of Debt Securities) Regulations, 2008.

Mumbai
 
March 24, 2015

For full copy of order against ABHIJIT CHAKRABORTY, click here.

For full copy of order against ALOKE SINGH, click here.

For full copy of order against ARUP KUMAR ROY, click here.

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

For full copy of order against KOUSIK PATRA, click here.

For full copy of order against PAWAN KUMAR AGARWAL, click here.

For full copy of order against SURESH REDDY, click here.