S.
DATE OF ORDER
PERSON
ENTITY
COMPETENT AUTHORITY
REGULATORY CHARGES
REGULATORY ACTION(S) / DATE OF ORDER
FURTHER DEVELOPMENTS
1
13-AUG-2026
JASWINDER SINGH RANDHAWA
PUNJAB SMALL INDUSTRIES & EXPORT CORP.
ED
INDULGED IN ILLEGAL ALLOTMENT OF INDUSTRIAL PLOTS IN THE NAME OF THEIR RELATIVES, FRIENDS AND OTHER ASSOCIATES IN THE MATTER OF PUNJAB SMALL INDUSTRIES & EXPORT CORPORATION (PSIEC)
SEIZED / FREEZED / ATTACHED IMMOVABLE AND/ OR MOVABLE PROPERTIES
2
13-AUG-2026
SHIVANAND SIDDAPPA NEELANNAVAR
ED
OPERATED UNREGULATED DEPOSIT COLLECTION SCHEME
ARRESTED
3
13-AUG-2026
SURINDER PAL SINGH
PUNJAB SMALL INDUSTRIES & EXPORT CORP.
ED
INDULGED IN ILLEGAL ALLOTMENT OF INDUSTRIAL PLOTS IN THE NAME OF THEIR RELATIVES, FRIENDS AND OTHER ASSOCIATES IN THE MATTER OF PUNJAB SMALL INDUSTRIES & EXPORT CORPORATION (PSIEC)
SEIZED / FREEZED / ATTACHED IMMOVABLE AND/ OR MOVABLE PROPERTIES
4
12-AUG-2026
JITESH GUPTA
ED
ACTED BEYOND AUTHORITY BY RELYING ON FABRICATED AND IMPROPERLY SUBMITTED DOCUMENTS AND DIRECTED HIS REPLACEMENT AS RESOLUTION PROFESSIONAL
ARRESTED
5
12-AUG-2026
SEIKHOLEN KIPGEN
ED
ACQUIRED ASSETS DISPROPORTIONATE TO HIS KNOWN SOURCE OF INCOME
PROVISIONALLY ATTACHED IMMOVABLE AND/OR MOVABLE PROPERTIES
6
11-AUG-2026
KOTU BUI
ANGELA ENTERPRISES
ED
GENERATED FAKE INPUT TAX CREDIT OF RS.116 CRORE (APPROX.) THROUGH ISSUANCE OF INVOICES WITHOUT ANY ACTUAL SUPPLY OF GOODS AND ROUTED FUNDS THROUGH NETWORK OF NON-EXISTENT AND SHELL ENTITIES
PROVISIONALLY ATTACHED IMMOVABLE AND/OR MOVABLE PROPERTIES
7
11-AUG-2026
LIKHA NAP
ZEE ENGINEERING & CONSTRUCTION
ED
GENERATED FAKE INPUT TAX CREDIT OF RS.116 CRORE (APPROX.) THROUGH ISSUANCE OF INVOICES WITHOUT ANY ACTUAL SUPPLY OF GOODS AND ROUTED FUNDS THROUGH NETWORK OF NON-EXISTENT AND SHELL ENTITIES
PROVISIONALLY ATTACHED IMMOVABLE AND/OR MOVABLE PROPERTIES
8
11-AUG-2026
RAMGOPAL AGRAWAL
ED
RECEIVED ILLEGAL COMMISSION ON UNACCOUNTED LIQUOR SALES, COLLECTED ANNUAL COMMISSIONS FROM DISTILLERS AND FOREIGN LIQUOR COMPANIES AND AGAINST THE GRANT OF FL-10A LICENCES
ARRESTED
9
11-AUG-2026
TATUM TELI COMDIR
YALPU ENTERPRISE
ED
GENERATED FAKE INPUT TAX CREDIT OF RS.116 CRORE (APPROX.) THROUGH ISSUANCE OF INVOICES WITHOUT ANY ACTUAL SUPPLY OF GOODS AND ROUTED FUNDS THROUGH NETWORK OF NON-EXISTENT AND SHELL ENTITIES
PROVISIONALLY ATTACHED IMMOVABLE AND/OR MOVABLE PROPERTIES
10
10-AUG-2026
SUBHASH CHANDRA BIJARNIYA (AKA.SUBHASH CHANDRA BIJNORIYA)
ED
PROMISED HIGH RETURNS AND REWARDS THROUGH VARIOUS INVESTMENT SCHEMES INCLUDING LEVEL INCOME, REFERRAL COMMISSIONS AND GIFTS LIKE LAPTOPS, BIKES AND CARS FOR ACHIEVING CERTAIN INVESTMENT MILESTONES
ARRESTED
11
10-AUG-2026
SUBHASH CHANDRA BIJNORIYA (AKA.SUBHASH CHANDRA BIJARNIYA)
ED
PROMISED HIGH RETURNS AND REWARDS THROUGH VARIOUS INVESTMENT SCHEMES INCLUDING LEVEL INCOME, REFERRAL COMMISSIONS AND GIFTS LIKE LAPTOPS, BIKES AND CARS FOR ACHIEVING CERTAIN INVESTMENT MILESTONES
ARRESTED
12
08-AUG-2026
AMITABH JHUNJHUNWALA
RELIANCE COMMUNICATIONS LTD.
RELIANCE TELECOM LTD.
ED
MISUSED CREDIT FACILITIES TO REPAY, ROTATE AND EVERGREEN EARLIER DOMESTIC AND FOREIGN LIABILITIES INSTEAD OF THE SANCTIONED END-USE
FILED SUPPLEMENTARY PROSECUTION COMPLAINT
13
08-AUG-2026
GAUTAM BHAILAL DOSHI
RELIANCE TELECOM LTD.
RELIANCE COMMUNICATIONS LTD.
ED
MISUSED CREDIT FACILITIES TO REPAY, ROTATE AND EVERGREEN EARLIER DOMESTIC AND FOREIGN LIABILITIES INSTEAD OF THE SANCTIONED END-USE
FILED SUPPLEMENTARY PROSECUTION COMPLAINT
14
08-AUG-2026
JOY MODAK
GOMILLIONS LLP
ED
OPERATED UNREGULATED DEPOSIT COLLECTION SCHEME
PROVISIONALLY ATTACHED IMMOVABLE AND/OR MOVABLE PROPERTIES
15
08-AUG-2026
RISHIRAJ GOGOI
GOMILLIONS LLP
ED
OPERATED UNREGULATED DEPOSIT COLLECTION SCHEME
PROVISIONALLY ATTACHED IMMOVABLE AND/OR MOVABLE PROPERTIES
16
08-AUG-2026
SATISH SETH
RELIANCE COMMUNICATIONS LTD.
RELIANCE TELECOM LTD.
ED
MISUSED CREDIT FACILITIES TO REPAY, ROTATE AND EVERGREEN EARLIER DOMESTIC AND FOREIGN LIABILITIES INSTEAD OF THE SANCTIONED END-USE
FILED SUPPLEMENTARY PROSECUTION COMPLAINT
17
08-AUG-2026
SATISH SETH
RELIANCE INFRASTRUCTURE LTD.
ED
DIVERTED PUBLIC FUNDS FROM FOUR NHAI-AWARDED TOLL ROAD PROJECTS AND SIPHONED THROUGH SHAM, POST-FACTO OR BACK-DATED ARRANGEMENTS FOR FICTITIOUS SUB-CONTRACTING WORK
FILED PROSECUTION COMPLAINT
18
07-AUG-2026
MAHESH S.NEELANNAVAR
SHIVAM SEVAA (OPC) PVT.LTD.
SHIVAM LIFELINE PVT.LTD.
SHIVAM ASSOCIATES
SHIVAM PRODUCTIONS
ED
OPERATED UNREGULATED DEPOSIT COLLECTION SCHEME
CONDUCTED SEARCH OPERATIONS
19
07-AUG-2026
SHIVANAND SIDDAPPA NEELANNAVAR
SHIVAM LIFELINE PVT.LTD.
SHIVAM SEVAA (OPC) PVT.LTD.
SHIVAM ASSOCIATES
SHIVAM PRODUCTIONS
ED
OPERATED UNREGULATED DEPOSIT COLLECTION SCHEME
CONDUCTED SEARCH OPERATIONS
20
07-AUG-2026
SUBHASH RAMAGOUDA NANDARGI
SHIVAM LIFELINE PVT.LTD.
SHIVAM SEVAA (OPC) PVT.LTD.
SHIVAM ASSOCIATES
SHIVAM PRODUCTIONS
ED
OPERATED UNREGULATED DEPOSIT COLLECTION SCHEME
CONDUCTED SEARCH OPERATIONS
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.
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