April 06, 2015
PR No. 102/2015

Order in the matter of M/s.Everlight Realcon Infrastructure Limited

Shri S. Raman, Whole Time Member, SEBI has passed an interim order dated March 20, 2015 under Sections 11, 11(4), 11A and 11B of SEBI Act, 1992, inter-alia directing that M/s Everlight Realcon Infrastructure 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.
 
The company was engaged in fund mobilizing activity through issue of Redeemable Preference Shares 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
 
April 06, 2015

For full copy of order against BIPLAB KUMAR DEY, click here.

For full copy of order against CHANDAN SINHA ROY, click here.

For full copy of order against EVERLIGHT REALCON INFRASTRUCTURE LTD., click here.

For full copy of order against JUTHIKA GHOSH, click here.

For full copy of order against SEIKH KUTUBUDDIN, click here.