| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 181 |
|
CHANDRAKANT AMRATLAL PAREKH
(PAN:AHXPP5708J)
|
|
|
MADE APPLICATIONS IN FICTITIOUS NAMES/USED BENAMI APPLICATIONS FOR OBTAINING HIGHER ALLOTMENT IN IPOS OF VARIOUS COMPANIES
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-APR-2006 TILL FURTHER ORDERS
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 27-APR-2006 TILL FURTHER ORDERS
DIRECTED NOT TO BUY, SELL OF DEAL DIRECTLY OR INDIRECTLY IN ANY INITIAL PUBLIC OFFERING FROM 27-APR-2006 TILL FURTHER ORDERS
27-APR-2006
DIRECTED TO DISGORGE RS.30,85,262
10-MAY-2010
|
SAT: APPEAL DISMISSED WITH NO ORDER AS TO COSTS
DIRECTED VIDE ORDER DATED 10/05/2010 A.NOT TO BUY,SELL OR DEAL IN SECURITIES MARKET IN ANY MANNER WHATSOEVER OR ACCESS SECURITIES MARKET,DIRECTLY OR INDIRECTLY FOR ONE YEAR B. TO DISGORGE UNLAWFUL GAINS OF RS.30,85,262 (UNLAWFUL GAINS OF RS.24,29,340 AND INTEREST OF RS.6,55,922) WITHIN 45 DAYS, AND C.IN CASE AFORESAID AMOUNT OF RS.30,85,262 NOT PAID WITHIN SPECIFIED TIME, SHALL BE RESTRAINED FROM BUYING,SELLING OR DEALING IN SECURITIES MARKET IN ANY MANNER WHATSOEVER OR ACCESSING SECURITIES MARKET,DIRECTLY OR INDIRECTLY FOR A FURTHER PERIOD OF SEVEN YEARS,WITHOUT PREJUDICE TO SEBI’S RIGHT TO ENFORCE DISGORGEMENT
|
| 182 |
|
|
CHANDRESH KANAIYALAL BIJAVA
(PAN:ALPPB2894R)
(Along with : PINTU KACHARAJI TELI,
DILIP SITARAM WANI,
KAMLABEN DHANSINGBHAI LODHA,
PUSHPABEN DILIPKUMAR VANI,
VIJAY MAHIPATRAY TRIVEDI,
SMITABEN BHARATBHAI KHAMBHATI,
SHEELA ANJAY GUPTA,
GITABEN VAHALABHAI JADAV,
SONALBEN NIMESHKUMAR RAVAL,
JOHNALI GULAMALI MOMIN,
MAHERA JOHNALI MOMIN,
HANSABEN JAYESHKUMAR PARMAR,
GAWMATI MATHURBHAI PARMAR,
PARULBEN MANILAL PARMAR,
HASUMATIBEN MANILAL PARMAR,
PREMLATA BHAGAVENDAS KOSHTI,
DAKSHABEN BANAVARILAL SHARMA,
ANSOYABEN RAJENDRAKUMAR SHUKAL,
CHHAYA RAKESH SABLE,
RINABEN PREMCHANDABHAI PARMAR,
GEETABEN NAROTTAMBHAI PARMAR,
SANGITABEN BHUPESHBHAI BHAVSAR,
MANJULABEN CHANDRESHBHAI BIJAVA,
LEKHABEN DINESHBHAI SHAH)
|
|
|
|
PANKAJ J.SHAH (HUF)
PAN:AAIHS5790M
|
|
|
PINTU KACHARAJI TELI (HUF)
PAN:AACHT3722L
|
|
|
TRIVEDI VIJAY MAHIPATRAM (HUF)
PAN:AACHT3689L
|
|
|
VANI DILIP SITARAM (HUF)
PAN:AAHHV0378P
|
|
|
VIJAY MANGALDAS SHAH (HUF)
PAN:AAGHV9796J
|
|
INDULGED IN PROVIDING FUNDS TO OTHERS ENTITIES/PERSONS FOR CORNERING OF SHARES RESERVED FOR RETAIL INVESTORS IN IPOS OF L&T FINANCE HOLDINGS LTD., TREE HOUSE EDUCATION LTD. AND FUTURE VENTURES INDIA LTD.
|
IMPOSED PENALTY RS.20,00,000 ALONG WITH OTHER ENTITIES/PERSONS
31-AUG-2020
|
SAT: SAT VIDE ITS ORDER DATED 19/07/2021 PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY TO RS.20 LAC FROM RS.35 LAC
SAT: SAT VIDE ITS ORDER DATED 05/10/2021 REJECTED MODIFICATION APPLICATION
SAT: SAT VIDE ITS ORDER DATED 17/11/2021 DISMISSED REVIEW APPLICATION
|
| 183 |
|
|
CHETNA J.BHANSALI
|
|
|
MADE APPLICATIONS IN FICTITIOUS NAMES/USED BENAMI APPLICATIONS FOR OBTAINING HIGHER ALLOTMENT IN IPO OF NISSAN COPPER LTD.
INDULGED IN PRICE MANIPULATION IN SCRIP OF NISSAN COPPER LTD.
|
BOMBAY STOCK EXCHANGE & NATIONAL STOCK EXCHANGE DIRECTED/ORDERED TO HOLD THE PROFIT AND GAINS IN A SEPARATE ESCROW ACCOUNT
17-JAN-2007
|
|
| 184 |
|
|
CHHAYA RAKESH SABLE
(PAN:BRBPS8409L)
(Along with : PINTU KACHARAJI TELI,
DILIP SITARAM WANI,
KAMLABEN DHANSINGBHAI LODHA,
PUSHPABEN DILIPKUMAR VANI,
VIJAY MAHIPATRAY TRIVEDI,
SMITABEN BHARATBHAI KHAMBHATI,
SHEELA ANJAY GUPTA,
GITABEN VAHALABHAI JADAV,
SONALBEN NIMESHKUMAR RAVAL,
JOHNALI GULAMALI MOMIN,
MAHERA JOHNALI MOMIN,
HANSABEN JAYESHKUMAR PARMAR,
GAWMATI MATHURBHAI PARMAR,
PARULBEN MANILAL PARMAR,
HASUMATIBEN MANILAL PARMAR,
PREMLATA BHAGAVENDAS KOSHTI,
DAKSHABEN BANAVARILAL SHARMA,
ANSOYABEN RAJENDRAKUMAR SHUKAL,
RINABEN PREMCHANDABHAI PARMAR,
GEETABEN NAROTTAMBHAI PARMAR,
SANGITABEN BHUPESHBHAI BHAVSAR,
CHANDRESH KANAIYALAL BIJAVA,
MANJULABEN CHANDRESHBHAI BIJAVA,
LEKHABEN DINESHBHAI SHAH)
|
|
|
|
PANKAJ J.SHAH (HUF)
PAN:AAIHS5790M
|
|
|
PINTU KACHARAJI TELI (HUF)
PAN:AACHT3722L
|
|
|
TRIVEDI VIJAY MAHIPATRAM (HUF)
PAN:AACHT3689L
|
|
|
VANI DILIP SITARAM (HUF)
PAN:AAHHV0378P
|
|
|
VIJAY MANGALDAS SHAH (HUF)
PAN:AAGHV9796J
|
|
INDULGED IN PROVIDING FUNDS TO OTHERS ENTITIES/PERSONS FOR CORNERING OF SHARES RESERVED FOR RETAIL INVESTORS IN IPOS OF L&T FINANCE HOLDINGS LTD., TREE HOUSE EDUCATION LTD. AND FUTURE VENTURES INDIA LTD.
|
IMPOSED PENALTY RS.20,00,000 ALONG WITH OTHER ENTITIES/PERSONS
31-AUG-2020
|
SAT: SAT VIDE ITS ORDER DATED 19/07/2021 PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY TO RS.20 LAC FROM RS.35 LAC
SAT: SAT VIDE ITS ORDER DATED 05/10/2021 REJECTED MODIFICATION APPLICATION
SAT: SAT VIDE ITS ORDER DATED 17/11/2021 DISMISSED REVIEW APPLICATION
|
| 185 |
|
|
CHIMANLAL GIRDHARLAL SHAH
|
|
|
FACILITATED IN MANIPULATING IPOS OF VARIOUS COMPANIES BY PROVIDING FUNDS TO PURCHASE SHARES MEANT FOR RETAIL APPLICANTS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-APR-2006 TILL FURTHER ORDERS
DIRECTED NOT TO BUY, SELL OF DEAL DIRECTLY OR INDIRECTLY IN ANY INITIAL PUBLIC OFFERING FROM 27-APR-2006 TILL FURTHER ORDERS
27-APR-2006
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.50,000, DISGORGEMENT AMOUNT (PAYABLE TO INVESTORS) RS.3,50,000 VIDE CONSENT ORDER)
20-OCT-2008
|
AD INTERIM EX-PARTE ORDER DATED 27/04/2006 DISPOSED OFF, AS APPLICANT AGREED TO PAY RS.350000 AGAINST DISGORGED AND RS.50000 AGAINST SETTLEMENT CHARGES, AS PER CONSENT ORDER DATED 20/10/2008
|
| 186 |
|
|
CHIRAG DESAI
|
|
|
FACILITATED IN MANIPULATING IPOS OF VARIOUS COMPANIES BY PROVIDING FUNDS TO PURCHASE SHARES MEANT FOR RETAIL APPLICANTS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-APR-2006 TILL FURTHER ORDERS
DIRECTED NOT TO BUY, SELL OF DEAL DIRECTLY OR INDIRECTLY IN ANY INITIAL PUBLIC OFFERING FROM 27-APR-2006 TILL FURTHER ORDERS
27-APR-2006
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.12,540, DISGORGEMENT AMOUNT (PAYABLE TO INVESTORS) RS.77,460 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
12-AUG-2008
|
ORDER DATED 27/04/2006 DISPOSED OFF, AS APPLICANT AGREED TO PAY RS.77,460 AGAINST NOTIONAL UNDUE GAIN AND RS.12,540 AGAINST SETTLEMENT CHARGES JOINTLY WITH BAKUL DESAI AND HEMLATA DESAI AS PER CONSENT ORDER DATED 12/08/2008
|
| 187 |
|
|
CHIRAG JAYENDRAKUMAR SHAH
|
|
|
FACILITATED IN MANIPULATING IPOS OF VARIOUS COMPANIES BY PROVIDING FUNDS TO PURCHASE SHARES MEANT FOR RETAIL APPLICANTS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-APR-2006 TILL FURTHER ORDERS
DIRECTED NOT TO BUY, SELL OF DEAL DIRECTLY OR INDIRECTLY IN ANY INITIAL PUBLIC OFFERING FROM 27-APR-2006 TILL FURTHER ORDERS
27-APR-2006
|
SEBI VIDE ITS ORDER DATED 18/08/2016 RECALLED THE RESTRAINT ORDER PASSED VIDE ITS AD-INTERIM EX-PARTE ORDER DATED 12/01/2006 AND CONFIRMEND VIDE ITS ORDER DATED 27/04/2016
|
| 188 |
|
|
D.B.MEHTA (AKA. DHARMESH BHUPENDRA M.)
|
|
|
MADE APPLICATIONS IN FICTITIOUS NAMES/USED BENAMI APPLICATIONS FOR OBTAINING HIGHER ALLOTMENT IN IPOS OF VARIOUS COMPANIES
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-APR-2006 TILL FURTHER ORDERS
DIRECTED NOT TO BUY, SELL OF DEAL DIRECTLY OR INDIRECTLY IN ANY INITIAL PUBLIC OFFERING FROM 27-APR-2006 TILL FURTHER ORDERS
27-APR-2006
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.33,72,056, DISGORGEMENT AMOUNT (PAYABLE TO INVESTORS) RS.84,30,140 VIDE CONSENT ORDER)
01-FEB-2010
|
CONFIRMED INTERIM ORDER DATED APR. 27,2006
AD-INTERIM EX-PARTE ORDER DATED 27/04/2006 DISPOSED OFF, AS APPLICANT AGREED TO PAY RS.33,72,056 TOWARDS SETTLEMENT CHARGES AND RS.84,30,140 TOWARDS DISGORGEMENT AMOUNT (PAYABLE TO INVESTORS), AS PER CONSENT ORDER DATED 01/02/2010
|
| 189 |
|
|
DAKSHABEN BANAVARILAL SHARMA
(PAN:BPPPS5841L)
(Along with : PINTU KACHARAJI TELI,
DILIP SITARAM WANI,
KAMLABEN DHANSINGBHAI LODHA,
PUSHPABEN DILIPKUMAR VANI,
VIJAY MAHIPATRAY TRIVEDI,
SMITABEN BHARATBHAI KHAMBHATI,
SHEELA ANJAY GUPTA,
GITABEN VAHALABHAI JADAV,
SONALBEN NIMESHKUMAR RAVAL,
JOHNALI GULAMALI MOMIN,
MAHERA JOHNALI MOMIN,
HANSABEN JAYESHKUMAR PARMAR,
GAWMATI MATHURBHAI PARMAR,
PARULBEN MANILAL PARMAR,
HASUMATIBEN MANILAL PARMAR,
PREMLATA BHAGAVENDAS KOSHTI,
ANSOYABEN RAJENDRAKUMAR SHUKAL,
CHHAYA RAKESH SABLE,
RINABEN PREMCHANDABHAI PARMAR,
GEETABEN NAROTTAMBHAI PARMAR,
SANGITABEN BHUPESHBHAI BHAVSAR,
CHANDRESH KANAIYALAL BIJAVA,
MANJULABEN CHANDRESHBHAI BIJAVA,
LEKHABEN DINESHBHAI SHAH)
|
|
|
|
PANKAJ J.SHAH (HUF)
PAN:AAIHS5790M
|
|
|
PINTU KACHARAJI TELI (HUF)
PAN:AACHT3722L
|
|
|
TRIVEDI VIJAY MAHIPATRAM (HUF)
PAN:AACHT3689L
|
|
|
VANI DILIP SITARAM (HUF)
PAN:AAHHV0378P
|
|
|
VIJAY MANGALDAS SHAH (HUF)
PAN:AAGHV9796J
|
|
INDULGED IN PROVIDING FUNDS TO OTHERS ENTITIES/PERSONS FOR CORNERING OF SHARES RESERVED FOR RETAIL INVESTORS IN IPOS OF L&T FINANCE HOLDINGS LTD., TREE HOUSE EDUCATION LTD. AND FUTURE VENTURES INDIA LTD.
|
IMPOSED PENALTY RS.20,00,000 ALONG WITH OTHER ENTITIES/PERSONS
31-AUG-2020
|
SAT: SAT VIDE ITS ORDER DATED 19/07/2021 PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY TO RS.20 LAC FROM RS.35 LAC
SAT: SAT VIDE ITS ORDER DATED 05/10/2021 REJECTED MODIFICATION APPLICATION
SAT: SAT VIDE ITS ORDER DATED 17/11/2021 DISMISSED REVIEW APPLICATION
|
| 190 |
|
|
DEEPAK MADHUKANT PATEL
|
|
|
MADE APPLICATIONS IN FICTITIOUS NAMES/USED BENAMI APPLICATIONS FOR OBTAINING HIGHER ALLOTMENT IN IPOS OF VARIOUS COMPANIES
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-APR-2006 TILL FURTHER ORDERS
DIRECTED NOT TO BUY, SELL OF DEAL DIRECTLY OR INDIRECTLY IN ANY INITIAL PUBLIC OFFERING FROM 27-APR-2006 TILL FURTHER ORDERS
27-APR-2006
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.3,50,000, DISGORGEMENT AMOUNT (PAYABLE TO INVESTORS) RS.17,60,000 VIDE CONSENT ORDER)
05-NOV-2008
|
ORDER DATED 27/04/2006 DISPOSED OFF, AS APPLICANT AGREED TO PAY RS.3,50,000 AGAINST SETTLEMENT CHARGES AND RS.17,60,000 AGAINST AMOUNT DISGORGED AS PER CONSENT ORDER DATED 05/11/2008
|
| 191 |
|
|
DEEPAK N.DADIA
|
|
|
FACILITATED IN MANIPULATING IPOS OF VARIOUS COMPANIES BY PROVIDING FUNDS TO PURCHASE SHARES MEANT FOR RETAIL APPLICANTS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-APR-2006 TILL FURTHER ORDERS
DIRECTED NOT TO BUY, SELL OF DEAL DIRECTLY OR INDIRECTLY IN ANY INITIAL PUBLIC OFFERING FROM 27-APR-2006 TILL FURTHER ORDERS
27-APR-2006
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.1,00,000, DISGORGEMENT AMOUNT (PAYABLE TO INVESTORS) RS.2,50,000 VIDE CONSENT ORDER)
05-JUN-2008
|
ORDER DATED 27/04/2006 DISPOSED OFF, AS APPLICANT AGREED TO PAY RS.250000 AGAINST NOTIONAL UNDUE GAIN AND RS.100000 AGAINST SETTLEMENT CHARGES, AS PER CONSENT ORDER DATED 05/06/2008
|
| 192 |
|
|
DEEPAKKUMAR SHANTILAL JAIN
|
|
|
MADE APPLICATIONS IN FICTITIOUS NAMES/USED BENAMI APPLICATIONS FOR OBTAINING HIGHER ALLOTMENT IN IPOS OF VARIOUS COMPANIES
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-APR-2006 TILL FURTHER ORDERS
DIRECTED NOT TO BUY, SELL OF DEAL DIRECTLY OR INDIRECTLY IN ANY INITIAL PUBLIC OFFERING FROM 27-APR-2006 TILL FURTHER ORDERS
IMPOSED PENALTY RS.10,00,000
27-APR-2006
DIRECTED TO DISGORGE RS.54,76,653
31-DEC-2008
|
CONFIRMED INTERIM ORDER DATED APR. 27,2006
SAT: APPEAL DISPOSED OFF, WITH DIRECTION TO SEBI TO COMPLETE ENQUIRIES BEFORE 31/10/2008.ADJUDICATION PROCEEDINGS SHOULD ALSO BE DISPOSED OF BEFORE END OF OCTOBER THIS YEAR
ORDERED TO DISGORGE UNLAWFUL GAIN OF RS.54,76,653 AND INTEREST @10% P.A. FROM DATE OF LISTING OF IDFC I.E. 12/08/2005 AND RESTRAINED FROM BUYING, SELLING OR DEALING IN SECURITIES MARKET IN ANY MANNER WHATSOVER OR ACCESSING SECURITIES MARKET EITHER DIRECTLY OR INDIRECTLY FOR A PERIOD OF TWO YEARS. IN CASE AFORESAID AMOUNT IS NOT DISGORGED WITHIN SPECIFIED TIME, SHALL BE PUNISHED FOR AN ADDITIONAL PERIOD OF TEN YEARS
PENALTY IMPOSED RS.10,000,00 VIDE ADJUDICATION OFFICER, ORDER DATED 31/12/2008
SAT: APPEAL ALLOWED AND AD-INTERIM EX-PARTE ORDER DATED 27/04/2006 SET ASIDE LEAVING PARTIES TO BEAR THEIR OWN COSTS
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 193 |
|
|
DEVANGI DIPAKBHAI PANCHAL
|
|
|
FACILITATED IN CORNERING RETAIL PORTION OF IPOS BY OPENING DEMAT ACCOUNTS IN FICTITIOUS/BENAMI NAMES
|
IMPOSED PENALTY RS.25,00,00,000
31-MAY-2011
|
SAT: SEBI VIDE ITS ORDER DATED 12/11/2012 REDUCED THE PENALTY AMOUNT TO RS.2 CRORE FROM RS.25 CRORE
SAT: APPEAL ALLOWED TO BE WITHDRAN. NO COSTS
|
| 194 |
|
|
DEVANGI DIPAKBHAI PANCHAL
|
|
|
MADE APPLICATIONS IN FICTITIOUS NAMES/USED BENAMI APPLICATIONS FOR OBTAINING HIGHER ALLOTMENT IN IPO OF YES BANK LTD.
|
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 15-DEC-2005 TILL FURTHER ORDERS
DIRECTED NOT TO BUY, SELL OF DEAL DIRECTLY OR INDIRECTLY IN ANY INITIAL PUBLIC OFFERING FROM 15-DEC-2005 TILL FURTHER ORDERS
15-DEC-2005
DIRECTED TO DISGORGE RS.13,51,57,917
25-FEB-2011
|
SEBI VIDE ITS ORDER DATED 25/02/2011 DIRECTED 1.NOT TO BUY, SELL OR DEAL IN SECURITIES MARKET IN ANY MANNER WHATSOEVER OR ACCESS SECURITIES MARKET,DIRECTLY OR INDIRECTLY FOR THREE MONTHS FROM DATE OF ORDER 2.TO DISGORGE RS.13,51,57,917 (UNLAWFUL GAIN OF RS.9,01,05,278 AND INTEREST RS.4,50,52,639) WITHIN 45 DAYS FROM DATE OF ORDER OTHERWISE PERIOD OF RESTRAINT WILL BE FURTHER PERIOD OF NINE YEARS (SUPERSEDED ALL DIRECTION ISSUED VIDE INTERIM ORDERS DATED 15/12/2005, 12/01/2006, AND 27/04/2006)
SEBI VIDE ITS ORDER DATED 30/03/2016 DIRECTED NOTICEES TO CO-OPERATE WITH SEBI DURING EXAMINATION AND SUBMIT ALL THE DOCUMENTS IN THEIR POSSESSION THAT MAY BE CALLED FOR BY SEBI
SAT: SAT VIDE ITS ORDER DATED 27/09/2023 CONDONED THE DELAY IN FILING OF APPEAL. DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER
SEBI VIDE ITS ORDER DATED 30/03/2016 DIRECTED NOTICEES TO CO-OPERATE WITH SEBI DURING EXAMINATION AND SUBMIT ALL THE DOCUMENTS IN THEIR POSSESSION THAT MAY BE CALLED FOR BY SEBI
SAT: SAT VIDE ITS ORDER DATED 04/12/2023 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 24/01/2024 CONDONED THE DELAY IN FILING OF REPLY AND REJOINDER
|
| 195 |
|
|
DEVANGI DIPAKBHAI PANCHAL
|
|
|
FACILITATED IN MANIPULATING IPOS OF VARIOUS COMPANIES BY PROVIDING FUNDS TO PURCHASE SHARES MEANT FOR RETAIL APPLICANTS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 25-FEB-2011 TO 24-MAY-2011
DIRECTED NOT TO BUY, SELL OF DEAL DIRECTLY OR INDIRECTLY IN ANY INITIAL PUBLIC OFFERING FROM 25-FEB-2011 TO 24-MAY-2011
DIRECTED TO DISGORGE RS.13,51,57,917
27-APR-2006
|
CONFIRMED AD-INTERIM EX-PARTE ORDER DATED 27/04/2006 AND DIRECTED NOT TO BUY, SELL OR DEAL IN THE SECURITIES INCLUDING INITIAL PUBLIC OFFERING UNTIL FURTHER ORDERS
DIRECTED VIDE ORDER DATED 13/08/2010 1.COMPLETE ALL NECESSARY FORMALITIES RELATED TO SALE OF 1,06,450 SHARES OF HSBC INVEST DIRECT INDIA LTD. TO ACQUIRERS WITHIN 15 DAYS FROM DATE OF THIS ORDER 2.NSDL AND KARVY SHALL TRANSFER AFORESAID SHARES TO SPECIAL DEPOSITORY ACCOUNT, MAINTAINED BY MANAGER TO THE OFFER (SBICAP) AND 3.SBICAP SHALL TRANSFER ENTIRE SALE PROCEED TO SPECIAL DEPOSITORY ACCOUNT WHICH WILL BE INVESTED BY SEBI IN FDS AND SHALL USE THE SAME TOWARDS CONTINGENT LIABILITY AGAINST DEVANGI AND ANY TAX LIABILITY WILL BE BORNE BY DEVANGI
SEBI VIDE ITS ORDER DATED 25/02/2011 DIRECTED 1.NOT TO BUY, SELL OR DEAL IN SECURITIES MARKET IN ANY MANNER WHATSOEVER OR ACCESS SECURITIES MARKET,DIRECTLY OR INDIRECTLY FOR THREE MONTHS FROM DATE OF ORDER 2.TO DISGORGE RS.13,51,57,917 (UNLAWFUL GAIN OF RS.9,01,05,278 AND INTEREST RS.4,50,52,639) WITHIN 45 DAYS FROM DATE OF ORDER OTHERWISE PERIOD OF RESTRAINT WILL BE FURTHER PERIOD OF NINE YEARS (SUPERSEDED ALL DIRECTION ISSUED VIDE INTERIM ORDERS DATED 15/12/2005, 12/01/2006, AND 27/04/2006)
SEBI VIDE ITS ORDER DATED 30/03/2016 DIRECTED NOTICEES TO CO-OPERATE WITH SEBI DURING EXAMINATION AND SUBMIT ALL THE DOCUMENTS IN THEIR POSSESSION THAT MAY BE CALLED FOR BY SEBI
SAT: SAT VIDE ITS ORDER DATED 27/09/2023 CONDONED THE DELAY IN FILING OF APPEAL. DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 04/12/2023 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 24/01/2024 CONDONED THE DELAY IN FILING OF REPLY AND REJOINDER
|
| 196 |
|
|
DEVEN PATEL
|
|
|
MADE APPLICATIONS IN FICTITIOUS NAMES/USED BENAMI APPLICATIONS FOR OBTAINING HIGHER ALLOTMENT IN IPO OF NISSAN COPPER LTD.
INDULGED IN PRICE MANIPULATION IN SCRIP OF NISSAN COPPER LTD.
|
BOMBAY STOCK EXCHANGE & NATIONAL STOCK EXCHANGE DIRECTED/ORDERED TO HOLD THE PROFIT AND GAINS IN A SEPARATE ESCROW ACCOUNT
17-JAN-2007
DIRECTED TO DISGORGE RS.1,16,15,800
30-DEC-2009
|
SAT: APPEAL ALLOWED AND IMPUGNED ORDER DATED 17/01/2007 SET ASIDE. DIRECTED SEBI TO REFUND THE AMOUNT IMPOUNDED FROM APPELLANTS TOGETHER WITH INTEREST ACCRUED THEREON TILL THE DATE AMOUNTS WERE REMMITTED TO CONSOLIDATED FUND OF INDIA WITH PARTIES TO BEAR THEIR OWN COSTS
DIRECTED VIDE ORDER DATED 30/12/2009 1) IMPOUND RS.1,16,15,800 AS UNLAWFUL GAINS OUT OF ENTIRE AMOUNT WITHHELD BY NSE AND BSE VIDE ORDER DATED 17/01/2007 AND RESTRAINED FROM BUYING,SELLING OR DEALING IN SECURITES MARKET IN ANY MANNER OR ACCESSING SECURITIES MARKET,DIRECTLY OR INDIRECTLY FOR A PERIOD OF THREE YEARS FROM DATE OF THIS ORDER.2) BSE AND NSE TO REMIT UNLAWFUL GAINS WITHHELD BY THEM ALONGWITH INTEREST ACCRUED THEREON TO SEBI WITHIN 15 DAYS FROM DATE OF THIS ORDER
|
| 197 |
|
|
DHARMESH BHUPENDRA M. (AKA. D.B.MEHTA)
|
|
|
MADE APPLICATIONS IN FICTITIOUS NAMES/USED BENAMI APPLICATIONS FOR OBTAINING HIGHER ALLOTMENT IN IPOS OF VARIOUS COMPANIES
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-APR-2006 TILL FURTHER ORDERS
DIRECTED NOT TO BUY, SELL OF DEAL DIRECTLY OR INDIRECTLY IN ANY INITIAL PUBLIC OFFERING FROM 27-APR-2006 TILL FURTHER ORDERS
27-APR-2006
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.33,72,056, DISGORGEMENT AMOUNT (PAYABLE TO INVESTORS) RS.84,30,140 VIDE CONSENT ORDER)
01-FEB-2010
|
CONFIRMED INTERIM ORDER DATED APR. 27,2006
AD-INTERIM EX-PARTE ORDER DATED 27/04/2006 DISPOSED OFF, AS APPLICANT AGREED TO PAY RS.33,72,056 TOWARDS SETTLEMENT CHARGES AND RS.84,30,140 TOWARDS DISGORGEMENT AMOUNT (PAYABLE TO INVESTORS), AS PER CONSENT ORDER DATED 01/02/2010
|
| 198 |
|
|
DHARMESH K.KATAKIA
|
|
|
MADE APPLICATIONS IN FICTITIOUS NAMES/USED BENAMI APPLICATIONS FOR OBTAINING HIGHER ALLOTMENT IN IPOS OF VARIOUS COMPANIES
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-APR-2006 TILL FURTHER ORDERS
DIRECTED NOT TO BUY, SELL OF DEAL DIRECTLY OR INDIRECTLY IN ANY INITIAL PUBLIC OFFERING FROM 27-APR-2006 TILL FURTHER ORDERS
27-APR-2006
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.23,10,738, DISGORGEMENT AMOUNT (PAYABLE TO INVESTORS) RS.77,02,460 VIDE CONSENT ORDER)
08-JAN-2010
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AD-INTERIM EX-PARTE ORDER DATED 27/04/2006 DISPOSED OFF, AS APPLICANT AGREED TO PAY 77,02,460 TOWARDS DISGORGEMENT (PAYABLE TO INVESTORS) AND RS.23,10,738 TOWARDS SETTLEMENT CHARGES, AS PER CONSENT ORDER DATED 08/01/2010
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| 199 |
|
|
DHAVAL A.MEHTA
(PAN:ALKPM2611G)
|
|
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MADE APPLICATIONS IN FICTITIOUS NAMES/USED BENAMI APPLICATIONS FOR OBTAINING HIGHER ALLOTMENT IN IPO OF INFRASTRUCTURE DEVELOPMENT FINANCE CO.LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-APR-2006 TILL FURTHER ORDERS
DIRECTED NOT TO BUY, SELL OF DEAL DIRECTLY OR INDIRECTLY IN ANY INITIAL PUBLIC OFFERING FROM 27-APR-2006 TILL FURTHER ORDERS
27-APR-2006
DIRECTED TO DISGORGE RS.72,00,000
31-OCT-2008
|
CONFIRMED INTERIM ORDER DATED APR. 27,2006
SAT: APPEAL DISPOSED OFF, WITH DIRECTION TO SEBI TO COMPLETE ENQUIRIES BEFORE 31/10/2008.ADJUDICATION PROCEEDINGS SHOULD ALSO BE DISPOSED OF BEFORE END OF OCTOBER THIS YEAR
SAT: APPEAL FAILED AND DISMISSED WITH COSTS OF RS.1,00,000
ORDERED TO (A) DISGORGE RS.72 LAKH AGAINST UNLAWFUL GAIN AND INTEREST @10% THEREON FROM DATE OF LISTING OF IDFC IPO TILL DATE OF ACTUAL DISGORGEMENT
(B) RESTRAINED FROM BUYING, SELLING OR DEALING IN SECURITIES MARKET IN WHATSOEVER MANNER OR ACCESSING SECURITIES MARKET, DIRECTLY OR INDIRECTLY FOR A FURTHER PERIOD OF 2 YEARS FROM THE DATE OF THIS ORDER. IN CASE AMOUNT IS NOT DISGORGED WITHIN SPECIFIED TIME, PERIOD OF RESTRAINED WILL BE EXTENDED BY ADDITIONAL 5 YEARS
ORDERED TO (A) DISGORGE RS.72 LAKH AGAINST UNLAWFUL GAIN AND INTEREST @10% THEREON FROM DATE OF LISTING OF IDFC IPO TILL DATE OF ACTUAL DISGORGEMENT
(B) RESTRAINED FROM BUYING, SELLING OR DEALING IN SECURITIES MARKET IN WHATSOEVER MANNER OR ACCESSING SECURITIES MARKET, DIRECTLY OR INDIRECTLY FOR A FURTHER PERIOD OF 2 YEARS FROM THE DATE OF THIS ORDER. IN CASE AMOUNT IS NOT DISGORGED WITHIN SPECIFIED TIME, PERIOD OF RESTRAINED WILL BE EXTENDED BY ADDITIONAL 5 YEARS
SEBI VIDE ITS NOTICE DATED 13/01/2014 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED
SEBI VIDE ITS ORDER DATED 14/11/2014 DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS/LOCKERS AND DEMAT ACCOUNTS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 13/01/2014
|
| 200 |
|
|
DHAVAL A.MEHTA
(PAN:ALKPM2611G)
|
|
|
MADE APPLICATIONS IN FICTITIOUS NAMES/USED BENAMI APPLICATIONS FOR OBTAINING HIGHER ALLOTMENT IN IPOS OF VARIOUS COMPANIES
|
IMPOSED PENALTY RS.1,00,00,000
31-OCT-2008
|
SAT: APPEAL FAILED AND DISMISSED. NO ORDER AS TO COSTS
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
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