PRESS RELEASE - SEBI |
June
18, 2015
Interim Order cum Show Cause Notice in the matter of Cell Realcon Corporation Limited Shri S Raman, Whole Time Member, Securities and Exchange Board of India (SEBI), has prima-facie found that Cell Realcon Corporation Limited ("Company") having its registered office at Bagdona, Opposite Dee Pee Lodge, Tehsil–Ghoradungari, Betul–460443 (Madhya Pradesh) has been illegally raising money from public and accordingly passed an interim order dated June 17, 2015 against the company and its directors, Shri Kumar Kanti Bhattacharya, Shri Debi Prasad Mookherji, Shri Sourav Bardhan, Shri Sekh Rezaul Karim and its Debenture Trustee, viz. Cell Debenture Trust (represented by Shri Abdul Basad Molla). The Order, inter-alia directs as under:
The company was engaged in fund mobilizing activity from the public through Offer of NCDs without complying with the relevant provisions of the Companies Act, 1956 and provisions of the SEBI (Issue and Listing of Debt Securities) Regulations, 2008.
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For full copy of order against ABDUL BASAD MOLLA, click here. For full copy of order against CELL DEBENTURE TRUST, click here. For full copy of order against CELL REALCON CORP.LTD., click here. For full copy of order against DEBI PRASAD MOOKHERJI, click here. For full copy of order against KUMAR KANTI BHATTACHARYA, click here. For full copy of order against SEKH REZAUL KARIM, click here. For full copy of order against SOURAV BARDHAN, click here. |