March 31, 2015
PR No. 090/2015

Order in the matter of M/s Real Vision International Limited

Shri S. Raman, Whole Time Member, Securities and Exchange Board of India (SEBI), has passed an order dated March 20, 2015 in the matter of M/s Real Vision International Limited directing inter-alia that the company shall forthwith cease to mobilize any fresh funds from the investors and that the company and its promoters/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 promoters/directors have further been directed not to dispose off any of the properties of the Company or alienate the assets acquired/created through the funds raised from public by issuance of the impugned Redeemable Preference Shares and not to divert any funds raised from public at large through the issuance of the impugned Redeemable Preference Shares, kept in its bank accounts and/or in the custody of the company without prior permission of SEBI, until further orders.
 
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 31, 2015

For full copy of order against ASHOK PATTNAIK, click here.

For full copy of order against BIDESI BEHERA, click here.

For full copy of order against DEVI PRASAD MOHANTY, click here.

For full copy of order against PABITRA KUMAR RATH, click here.

For full copy of order against PRASANNA KUMAR NAYAK, click here.

For full copy of order against RASHMI RANJAN MOHANTY, click here.

For full copy of order against REAL VISION INTERNATIONAL LTD., click here.

For full copy of order against SIDHARTHA KUMAR BARIK, click here.

For full copy of order against SUDHIR KUMAR BEHERA, click here.

For full copy of order against SUKANTA BISWAL, click here.