| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 261 |
|
KIRTIKUMAR NARBHERAM PAREKH
(DIN:00009494)
|
|
|
|
ADANI AGRO PVT.LTD.
|
|
|
ADANI IMPEX PVT.LTD.
CIN:U51100GJ1998PTC034758
|
|
|
ADANI PROPERTIES PVT.LTD.
|
|
|
CLASSIC CREDIT LTD.
PAN:AABCC4018N
|
|
|
NH SECURITIES LTD.
PAN:AAACS7140Q
(Member : BSE/NSE)
|
|
|
PANTHER FINCAP & MANAGEMENT SERVICES LTD.
PAN:AAACP3045P
|
|
|
PANTHER INVESTRADE LTD.
PAN:AAACP3259R
|
|
|
SAIMANGAL INVESTRADE LTD.
PAN:AABCS4255R
|
|
VIOLATED SEBI ACT, 1992
VIOLATED SECTION 24 (1) OF SEBI ACT, 1992
VIOLATED SEBI (PFUTP) REGULATIONS, 1995
VIOLATED SECTION 27 OF SEBI ACT, 1992
VIOLATED SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 1992
|
PROSECUTION LAUNCHED
15-MAY-2006
|
DISMISSED
ACCUSED NO.2 KARTIK KIRTIKUMAR PAREKH AND ACCUSED NO.5 KETAN VINAYCHANDRA PAREKH RESPECTIVELY ARE HEREBY HELD GUILTY ARE HEREBY SENTENCED TO UNDERGO RIGOROUS IMPRISONMENT FOR THREE YEARS AND SHALL FURTHER PAY A FINE OF RS.5,00,000.00 EACH ACCUSED NO.3 NAVINCHANDRA NARBHERAM PAREKH AND ACCUSED NO.4 KIRTIKUMAR NARBHERAM PAREKH ARE HEREBY ACQUITTED
|
| 262 |
|
|
KOTAK MAHINDRA CAPITAL CO.LTD.
(PAN:AAACK5577D)
|
|
|
DELIBERATELY SUPPRESSED CRUCIAL MATERIAL FACTS CONCERINING ENTRY DIRECTIVES/INSTRUCTIONS/GUIDELINES FOR PARTICIPATION BY NON-RESIDENT INVESTORS IN AN INDIAN COMPANY VIOLATING CLAUSE 1 OF FORM C OF SCHEDULE VI OF REGULATIONS 8(2)(B), 57(1), 57(2)(A)(II) AND 64(1) OF SEBI ICDR REGULATIONS, 2009 IN MATTER OF INITIAL PUBLIC OFFER OF CREDIT ANALYSIS & RESEARCH LTD.
DELIBERATELY SUPPRESSED CRUCIAL MATERIAL FACTS CONCERINING ENTRY DIRECTIVES/INSTRUCTIONS/GUIDELINES FOR PARTICIPATION BY NON-RESIDENT INVESTORS IN AN INDIAN COMPANY VIOLATIING CLAUSES 1, 4, 6, 7 AND 20 OF CODE OF CONDUCT FOR MERCHANT BANKERS AS SPECIFIED IN SCHEDULE III READ WITH REGULATION 13 OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992 IN MATTER OF INITIAL PUBLIC OFFER OF CREDIT ANALYSIS & RESEARCH LTD.
|
IMPOSED PENALTY RS.1,00,00,000 ALONG WITH OTHER ENTITIES/PERSONS
28-NOV-2014
|
SAT: SAT VIDE ITS ORDER DATED 04/10/2016 MODIFIED ITS EARLIER ORDER DATED 30/09/2016 AS “PER MAJORITY: AS PER MAJORITY DECISION, THE APPEAL IS ALLOWED AND THE IMPUGNED ORDER IS SET ASIDE WITH NO ORDER AS TO COSTS. “PER MINORITY: AS PER MINORITY DECISION, THE APPEAL IS DISMISSED AND THE IMPUGNED ORDER IS UPHELD WITH NO OTDER AS TO COTS.”
|
| 263 |
|
|
KOTAK MAHINDRA CAPITAL CO.LTD.
(PAN:AAACK5577D)
|
|
|
ALLEGED FAILURE IN FOLLOWING CODE OF CONDUCT PRESCRIBED FOR MERCHANT BANKERS AS PER REGULATION 13 OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992
ALLEGED DEFAULT IN FURNISHING DUE DILIGENCE REPORT AND VIOLATED CLAUSES 5.1,5.3.3.1,6.9.2.1,11.3.6,7.3, 7.4.1,7.7.7,16.2.2.2.OF SEBI (DISCLOSURE AND INVESTOR PROTECTION) DIRECTIVES/INSTRUCTIONS/GUIDELINES, 2000
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.5,50,000 VIDE CONSENT ORDER)
27-AUG-2009
|
|
| 264 |
|
|
KREO CAPITAL PVT.LTD.
(PAN:AAQCA7346A)
|
|
|
DID NOT REPORT LENDING ACTIVITY IN HALF YEARLY REPORTS SUBMITTED TO SEBI
DID NOT FURNISH CHANGE IN KEY MANAGERIAL PERSONNEL AND CONTINUE TO SHOW AN ADVISOR AS A KEY MANAGERIAL PERSONNEL TO SEBI VIOLATING REGULATION 9A(1)(F) OF SEBI (MERCHANT BANKER) REGULATIONS, 1992 READ WITH PARA 1.1 AND 1.2 OF CHAPTER 1 OF MASTER CIRCULAR DATED 26/09/2023
|
IMPOSED PENALTY RS.2,00,000
28-NOV-2025
|
|
| 265 |
|
|
KRISH INTECH PVT.LTD.
|
|
|
REGISTRATION EXPIRED
DID NOT APPLY FOR RENEWAL OF REGISTRATION
|
CANCELLED REGISTRATION AS MERCHANT BANKER FROM 15-APR-1998
09-JUN-1998
|
|
| 266 |
|
|
KRISHNA MURARI AGARWAL & CO.
|
|
|
DID NOT PAY FEES TO SEBI
|
SUSPENDED REGISTRATION AS MERCHANT BANKER FROM 17-JUN-1998 TO 31-MAY-1999
09-JUL-1998
|
|
| 267 |
|
|
KUKU MOTOR FINANCE LTD.
|
|
|
|
S.K.CHADHA
|
|
ALLOTTED SHARES WITHOUT RECEIVING APPLICATION MONEY IN PUBLIC ISSUE OF NATURAL EXPO AGRO INDUSTRIES LTD.
DID NOT EXERCISE DUE SKILL, CARE AND DILIGENCE IN PUBLIC ISSUE OF NATURAL EXPO AGRO INDUSTRIES LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 26-APR-2007 TO 25-OCT-2007
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 26-APR-2007 TO 25-OCT-2007
26-APR-2007
|
|
| 268 |
|
|
KUNVARJI FINSTOCK PVT.LTD.
(PAN:AAACK8760E)
|
|
|
DID NOT ENSURE THAT CONTENTS OF LETTER OF OFFER WERE TRUE FAIR AND ADEQUATE IN ALL MATERIAL ASPECTS VIOLATING REGULATIONS 27(2) AND 27(5) OF SAST REGULATIONS, 2011 AND REGULATION 13 READ WITH CLAUSE 4 OF SCHEDULE III OF SEBI (MERCHANT BANKERS) REGULATIONS, 1992 IN MATTER OF MEDIAONE GLOBAL ENTERTAINMENT LTD.
|
IMPOSED PENALTY RS.3,00,000
07-NOV-2025
|
|
| 269 |
|
|
L.P.AGARWAL
|
|
|
|
PNB INVESTMENT SERVICES LTD.
|
|
DID NOT MAKE PROPER DISCLOSURE AND MADE MIS-STATEMENTS OF RELATED PARTIES IN PROSPECTUS
DID NOT EXERCISE DUE DILIGENCE IN IPO OF TAKSHEEL SOLUTIONS LTD.
|
PROHIBITED FROM TAKING UP ANY NEW ASSIGNMENT AS DEBENTURE TRUSTEE OR INVOLVEMENT IN ANY NEW ISSUE OF CAPITAL INCLUDING IPO, FOLLOW-ON ISSUE FROM 28-DEC-2011 TILL FURTHER ORDERS
28-DEC-2011
|
SEBI VIDE ITS ORDER DATE 07/09/2012 CONFIRMED THE DIRECTIONS ISSUED VIDE ITS AD INTERIM EX-PARTE ORDER DATED 28/12/2011
SAT: SAT VIDE ITS ORDER DATED 20/11/2012 DIRECTED SEBI TO COMPLETE THE INVESTIGATION, QUA THE APPELLEANTS, WITHIN A PERIOD OF EIGHT WEEKS FROM THE DATE OF THIS ORDER. FURTHER IF SEBI FAILS TO ADHERE TO THIS TIME LIMIT THE INTERIM ORDER DATED 28/12/2011 QUA THE APPELLANTS. SHALL STAND VACATED
|
| 270 |
|
|
LKS MURTHY INVESTMENTS & FINANCE CONSULTANTS PVT.LTD.
|
|
|
DID NOT FILE APPLICATION FOR RENEWAL OF REGISTRATION
|
CANCELLED REGISTRATION AS MERCHANT BANKER FROM 15-JAN-1999
26-FEB-1999
|
|
| 271 |
|
|
LKS MURTHY INVESTMENTS & FINANCE CONSULTANTS PVT.LTD.
|
|
|
DID NOT PAY FEES TO SEBI
|
SUSPENDED REGISTRATION AS MERCHANT BANKER FROM 20-AUG-1998 TILL THE REMAINING PERIOD OF REGISTRATION
28-AUG-1998
|
|
| 272 |
|
|
LYONS CORPORATE MARKETS LTD.
|
|
|
DID NOT FILE APPLICATION FOR RENEWAL OF REGISTRATION
|
CANCELLED REGISTRATION AS MERCHANT BANKER FROM 15-FEB-1999
26-MAR-1999
|
|
| 273 |
|
|
M & V ASSOCIATES
|
|
|
DID NOT PAY FEES TO SEBI
|
SUSPENDED REGISTRATION AS MERCHANT BANKER FROM 19-JUN-1998 TO 30-JUN-1999
09-JUL-1998
|
|
| 274 |
|
|
M.K.PHERWANI & CO.
|
|
|
REGISTRATION EXPIRED
DID NOT APPLY FOR RENEWAL OF REGISTRATION
|
CANCELLED REGISTRATION AS MERCHANT BANKER FROM 15-APR-1998
09-JUN-1998
|
|
| 275 |
|
|
M.MUNSHI CONSULTANTS PVT.LTD.
|
|
|
REGISTRATION EXPIRED
DID NOT APPLY FOR RENEWAL OF REGISTRATION
|
CANCELLED REGISTRATION AS MERCHANT BANKER FROM 15-APR-1998
09-JUN-1998
|
|
| 276 |
|
|
M.N.PADAM
|
|
|
|
HOFFLAND FINANCE LTD.
(Member : BGSE/JSE)
|
|
VIOLATED SECTION 26 OF SEBI ACT, 1992
VIOLATED SEBI ACT, 1992
VIOLATED SEBI (PORTFOLIO MANAGERS) REGULATIONS, 1993
ALLEGED VIOLATION OF SEBI (STOCK BROKERS & SUB BROKERS) REGULATIONS, 1992
VIOLATED SEBI (PFUTP) REGULATIONS, 1995
VIOLATED SEBI (MERCHANT BANKER) REGULATIONS, 1992
|
PROSECUTION LAUNCHED
15-MAY-2006
|
A1 AND A2 CONVICTED. A3 ACQUITTED. A4 EXPIRED, THUS, PROCEEDINGS ABATED. PROCEEDINGS AGAINST A5 QUASHED. A6 DECLARED PO. A7 COMPOUNDED (VIDE ORDER DT.21.02.2008). FILE BE CONSIGNED TO RECORD ROOM
A1 AND A2 CONVICTED. A3 ACQUITTED. A4 EXPIRED, THUS, PROCEEDINGS ABATED. PROCEEDINGS AGAINST A5 QUASHED. A6 DECLARED PO. A7 COMPOUNDED (VIDE ORDER DT.21.02.2008). FILE BE CONSIGNED TO RECORD ROOM.
DURING THE TRIAL A21 (SHRI ASHOK KUMAR KOHLI) HAD EXPIRED, THEREFORE, PROCEEDINGS QUA HIM WAS ABATED. ACCUSED NO.20 (M/S EVERGROW FINANCIAL SERVICES PVT.LTD.) AND A22 ( SHRI PRADEEP SHARMA) FACED THE TRIAL AND THEY REMAINING ACCUSED WERE DECLARED POS. THE CAPTIONED MATTER WAS POSTED BEFORE THE LD. COURT ON JULY 30, 2012 FOR PRONOUNCEME NT OF JUDGMENT. AFTER RECORDING ITS REASONS THE COURT HELD THAT SEBI COULD NOT PROVE ITS CASE AGAINST A20 AND A22 BEYOND THE SHADOW OF ALL REASONABLE DOUBTS, AND THEREBY ACQUITTED A20 AND A22
|
| 277 |
|
|
MADAN FINANCIAL SERVICES LTD.
|
|
|
DID NOT APPLY FOR RENEWAL OF REGISTRATION
REGISTRATION EXPIRED
|
CANCELLED REGISTRATION AS MERCHANT BANKER FROM 31-AUG-1998
06-OCT-1998
|
|
| 278 |
|
|
MADHUMILAN FINCORP LTD.
|
|
|
DID NOT PAY FEES TO SEBI
|
CANCELLED REGISTRATION AS MERCHANT BANKER FROM 15-JUN-1998
09-JUL-1998
|
|
| 279 |
|
|
MADHUSUDAN LEASING & FINANCE LTD.
(PAN:AAACM7658R)
|
|
|
DID NOT FILE APPLICATION FOR RENEWAL OF REGISTRATION
|
CANCELLED REGISTRATION AS MERCHANT BANKER FROM 15-FEB-1999
26-MAR-1999
|
|
| 280 |
|
|
MAGMA LEASING LTD.
|
|
|
DID NOT APPLY FOR RENEWAL OF REGISTRATION
REGISTRATION EXPIRED
|
CANCELLED REGISTRATION AS MERCHANT BANKER FROM 30-NOV-1998
28-DEC-1998
|
|
| 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 14 of 25
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