| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1021 |
|
UNIQUESTEP MARINE INDIA PVT.LTD.
|
|
|
|
PRIYALAKSHMI SHAJI
|
|
OPENED FOUR LETTERS OF CREDIT (LCS) TOTALING RS.19.79 CRORE IN FAVOR OF UNIQUESTEP MARINE INDIA PVT.LTD., WITH FORGED SIGNATURE OF MR.T.SHANMUGANATHAN, DEPUTY MANAGER AT INDIAN BANK AND UNDER FORGED SEAL OF INDIAN BANK THEREBY CAUSING A LOSS TO INDIAN BANK
|
RIGOROUS IMPRISONMENT FOR SEVEN YEARS
27-FEB-2025
|
|
| 1022 |
|
|
UNITED BANK OF INDIA
|
|
|
|
S.M.MITRA
|
|
FORGED A FAKE TELEGRAPHIC MESSAGE PURPORTED TO BE ISSUED BY UNITED BANK OF INDIA REGARDING PAYMENT OF RS.16,09,100 TO A NON-EXISTENT COMPANY
|
RIGOROUS IMPRISONMENT FOR TWO YEARS
26-NOV-2015
|
|
| 1023 |
|
|
UNITED BANK OF INDIA
|
|
|
|
RAJESH KUMAR MADHAV
|
|
AVAILED TERM LOAN OF RS.16 CRORE FOR IMPORT OF SOFTWARE FROM DUBAI BASED COMPANY AND FOR PURCHASE OF SOFTWARE FROM OTHER PVT.CO.AND DIVERTED THE FUNDS AND NO PRIMARY SECURITY WAS CREATED IN THE ACCOUNT WHICH BECAME IRREGULAR DUE TO NON-PAYMENT OF INSTALMENTS THEREBY CAUSING A LOSS OF RS.18.34 CRORE (APPROX.) TO UNITED BANK OF INDIA
|
SIMPLE IMPRISONMENT FOR ONE YEAR
08-AUG-2023
|
|
| 1024 |
|
|
UNITED BANK OF INDIA
|
|
|
|
PRANAB PAUL CHOUDHURY
|
|
INDULGED IN MISAPPROPRIATION OF FUNDS AMOUNTING TO RS.59.84 LACS FROM VARIOUS CUSTOMER’S ACCOUNTS IN MATTER OF UNITED BANK OF INDIA
|
RIGOROUS IMPRISONMENT FOR FOUR YEARS
24-DEC-2012
|
|
| 1025 |
|
|
UNITED BANK OF INDIA
|
|
|
|
DIPAK KUMAR DUTTA
|
|
SANCTIONED/DISBURSED FICTITIOUS RETAIL LOANS TO SEVERAL NON EXISTING PERSONS AMOUNTING TO RS.10.79.LACS
|
SIMPLE IMPRISONMENT FOR THREE YEARS AND FINE OF RS.15,000 ALONGWITH COMPENSATION OF RS.10,00,000 TO UNITED BANK OF INDIA
30-JUN-2009
|
|
| 1026 |
|
|
UNITED INDIA INSURANCE CO.LTD.
|
|
|
|
T.L.VEDACHALAM
|
|
FRAUDULENTLY PREPARED MOTOR ACCIDENT CLAIM WITH FALSE PARTICULARS AND PREPARED BOGUS SURVEY REPORTS,CASH & CREDIT BILLS FOR RS.91,500 AND RS.61,000
|
RIGOROUS IMPRISONMENT FOR ONE YEAR
01-AUG-2012
|
|
| 1027 |
|
|
UNITED INDIA INSURANCE CO.LTD.
|
|
|
|
MADHUSUDAN B.PATEL
|
|
ISSUED VARIOUS INSURANCE POLICIES AND FRAUDULENTLY RELEASED BROKERAGE OF RS.2,69,14,727.00 THEREBY CAUSING A LOSS TO GOVT. EX-CHEQUER
|
RIGOROUS IMPRISONMENT FOR FIVE YEARS
26-FEB-2025
|
|
| 1028 |
|
|
UNITED INDIA INSURANCE CO.LTD.
|
|
|
|
KIKUBHAI S.DHODI
|
|
SUBMITTED FRAUDULENT FIRE INSURANCE CLAIMS AND IDENTICAL CLAIMS STATING THAT INSURED GRASS STOCK WAS DESTROYED BY FIRE THEREBY CAUSING A LOSS OF RS.62 LAC TO UNITED INDIA INSURANCE CO.LTD
|
RIGOROUS IMPRISONMENT FOR FIVE YEARS
05-JUN-2025
|
|
| 1029 |
|
|
UNITED TRADING CO.
|
|
|
|
NARESH CHADHA
|
|
PREPARED AND SUBMITTED BOGUS UNIT LOCAL PURCHASE DOCUMENTS WITHOUT SUPPLYING ANY MATERIAL
|
RIGOROUS IMPRISONMENT FOR EIGHTEEN MONTHS AND FINE OF RS.5,000
03-SEP-2009
|
|
| 1030 |
|
|
UTKALIKA ORISSA STATE HANDLOOM & HANDICRAFT CORP.LTD.
|
|
|
|
BIJAY KUMAR BEHERA
|
|
SOLD PAINTINGS TO UTKALIKA ORISSA STATE HANDLOOM & HANDICRAFT CORP.LTD. FOR DOORDARSHAN KENDRA, BANGALORE AT EXORBITANT PRICES AND FORGED INVOICES/BILLS AND FALSIFIED ACCOUNTS FOR CONCEALING THIS TRANSACTION
|
RIGOROUS IMPRISONMENT FOR SEVEN YEARS AND FINE OF RS.1.25 LACS
04-JUN-2009
|
|
| 1031 |
|
|
UTTARAKHAND GRAMIN BANK
|
|
|
|
LAXMAN SINGH RAWAT
|
|
GENERATED A DEBIT ENTRY OF RS.1.23 CRORE (APPROX) IN HEAD OFFICE ACCOUNT AND CREDITED TO SIX DIFFERENT LOAN ACCOUNTS BELONGING TO PRIVATE PERSONS AND ENTITIES THEREBY CAUSING A WRONGFUL LOSS TO UTTARAKHAND GRAMIN BANK
|
IMPRISONMENT FOR TWO YEARS
29-SEP-2025
|
|
| 1032 |
|
|
V.L.ENTERPRISES
|
|
|
|
VISHWANATH SINGH
|
|
INDULEGD IN SANCTIONING OF DEMAND AND TERM LOAN WITHOUT ANY REQUEST APPLICATION & SECURITY AND FALSIFYING THE ACCOUNTS THEREBY CAUSING A LOSS OF RS.2.98 CRORES (APPROX) TO STATE BANK OF INDIA
|
RIGOROUS IMPRISONMENT FOR THREE YEARS
29-DEC-2014
|
|
| 1033 |
|
|
V.R.MATHUR MASS COMMUNICATIONS LTD.
|
|
|
|
VIMAL RAJ MATHUR
|
|
INDULGED IN SANCTIONING OF VARIOUS LOANS IRREGULARLY TO PRIVATE PERSONS THEREBY CAUSING A LOSS OF RS.1.45 CRORE TO ANDHRA BANK
|
RIGOROUS IMPRISONMENT FOR THREE YEARS
02-DEC-2019
|
|
| 1034 |
|
|
V.R.MATHUR MASS COMMUNICATIONS LTD.
|
|
|
INDULGED IN SANCTIONING OF VARIOUS LOANS IRREGULARLY TO PRIVATE PERSONS THEREBY CAUSING A LOSS OF RS.1.45 CRORE TO ANDHRA BANK
|
IMPOSED FINE OF RS.1,00,000
02-DEC-2019
|
|
| 1035 |
|
|
V.S.TEXTILES
|
|
|
|
VAISHALIBEN DAVRA
|
|
INDULGED IN SANCTIONING OF TERM LOANS OF RS.370 LAC AND CASH CREDIT OF RS.40 LAC BASED ON FORGED/FALSE DOCUMENTS THEREBY CAUSING A WRONGFUL LOSS OF RS.156.98 LAC PLUS INTEREST TO PUNJAB NATIONAL BANK
|
RIGOROUS IMPRISONMENT FOR TWO YEARS
10-APR-2026
|
|
| 1036 |
|
|
VACHHRAJ PETROLEUM
|
|
|
AVAILED VARIOUS CASH CREDIT LIMITS AND TERM LOAN ACCOUNTS BY MORTGAGING ALREADY SOLD PROPERTIES, SUBMITTING FABRICATED VALUATION REPORTS, AVAILING DOUBLE FINANCING AGAINST MACHINERIES ALREADY HYPOTHECATED TO THE BANK AND ALSO BY MORTGAGING SAME PROPERTIES WITH ANOTHER BANK THEREBY CAUSING A WRONGFUL LOSS OF RS.2.24 CRORE (APPROX.) TO INDIAN OVERSEAS BANK
|
IMPOSED FINE OF RS.1,00,000
30-JUN-2025
|
|
| 1037 |
|
|
VAISHNOW ENTERPRISES
|
|
|
|
DAYANAND PRASAD KASHYAP
|
|
WITHDREW AND MISAPPROPRIATED RS.182.82 CRORE (APPROX.) FROM DORANDA TREASURY,RANCHI DURING 1990-91 AND 1995-96 ON BASIS OF SPURIOUS/BOGUS BILLS, FALSELY SHOWING SUPPLY OF FEED, FODDER AND VETERINARY MEDICINES ETC.
|
RIGOROUS IMPRISONMENT FOR FOUR YEARS
21-FEB-2022
|
|
| 1038 |
|
|
VAISHNOW ENTERPRISES
|
|
|
|
DAYANAND PRASAD KASHYAP
|
|
FRAUDULENTLY WITHDREW OF RS.37.70 CRORES (APPROX.) FROM CHAIBASA TREASURY ON BASIS OF FORGED & FABRICATED ALLOTMENT LETTERS AND SPURIOUS BILLS WITHOUT EFFECTING SUPPLY OF VETERINARY MEDICINES, INSTRUMENTS, YELLOW MAIZE AND GROUND NUT CAKE ETC. TO ANIMAL HUSBANDRY DEPARTMENT
|
RIGOROUS IMPRISONMENT FOR FOUR YEARS
03-OCT-2013
|
|
| 1039 |
|
|
VAISHNOW ENTERPRISES
|
|
|
|
DAYANAND PRASAD KASHYAP
|
|
FRAUDULENTLY WITHDREW RS.47,17,70,000 FROM DORANDA TREASURY DURING FINANCIAL YEAR 1990 AND 1995 ON BASIS OF FORGED & FABRICATED ALLOTMENT LETTERS AND SPURIOUS BILLS WITHOUT SUPPLY OF YELLOW MAIZE, PIGFEED AND FISH MEAL ETC. TO ANIMAL HUSBANDRY DEPARTMENT
|
RIGOROUS IMPRISONMENT FOR FIVE YEARS AND FINE OF RS.30,00,000
07-MAY-2012
|
|
| 1040 |
|
|
VAISHNOW ENTERPRISES
|
|
|
|
DAYANAND PRASAD KASHYAP
|
|
FRAUDULENTLY WITHDREW RS.67,49,989 FROM SAHEBGANJ TREASURY DURING THE FINANCIAL YEAR 1991-1996 ON BASIS OF FORGED BUDGET ALLOTMENT/SUB-ALLOTMENT LETTERS AND FALSE BILLS WITHOUT EFFECTING SUPPLY OR AFTER MAKING PARTIAL SUPPLY OF POULTRY FEED AND VETERINARY MEDICINES TO ANIMAL HUSBANDRY DEPARTMENT
|
RIGOROUS IMPRISONMENT FOR THREE YEARS AND FINE OF RS.4 LACS
02-FEB-2012
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
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| Page 52 of 55
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