| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 181 |
|
GREEN DESERT INDIA LTD.
|
|
|
|
RAJAN JAIN
|
|
|
RAJIV GOYAL
|
|
|
SACHIN JAIN
|
|
|
SATBIR SINGH NEHRA
|
|
|
SIYA RAM GOYAL
|
|
|
VANDANA GOYAL
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
02-JUL-2001
|
THE COURT CONVICTED ACCUSED NO.1 COMPANY, 2,3 & 4 AND SENTENCED TO PAY A FINE OF RS.40000 EACH IN DEFAULT ACCUSED NOS. 2 TO 4 SHALL UNDERGO ONE MONTH SIMPLE ACCUSED 6 TO 8 WERE ACQUITTED FROM ALL THE CHARGES. ACCUSED 5 DIED
|
| 182 |
|
|
GREEN EARTH FARMS & ESTATES PVT.LTD.
|
|
|
|
B.ANANTHARAMAKRISHNA
|
|
|
B.S.PURUSHOTHAM
|
|
|
B.SURYANARAYANNA
|
|
|
G.RAJESH
|
|
|
R.SURESH BABU
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 06-JAN-2003 TO 06-JAN-2008
06-JAN-2003
|
|
| 183 |
|
|
GREEN EARTH ORCHARDS INDIA LTD.
|
|
|
|
E.RAVIKUMAR
|
|
|
G.MAHESWARAN
|
|
|
P.SIVA SUBRAMANIAM
|
|
|
R.MURUGAN
|
|
|
S.RAGOURAMAN
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
02-JUL-2001
|
|
| 184 |
|
|
GREEN ENDOWMENT PLANTATIONS (I) LTD.
|
|
|
|
ABDUL GANI PARREY
|
|
|
ABDUL MAJEED BHAT
|
|
|
FARIDA AKHTER
|
|
|
GOWHAR HUSSAIN BHAT
|
|
|
MOHAMED ANWAR KUMAR
|
|
|
MUBEENA AKHTER
|
|
|
MUMTAZ AKHTER
|
|
|
MUSTAQ AHMED MALLA
|
|
|
RAJA TABASUM
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
LAUNCHED PROSECUTION AGAINST THE ENTITY AND ITS DIRECTORS U/S 24 AND 27 OF THE SEBI ACT
02-JUL-2001
|
CONVICT NO.2 TO 4 SENTENCED RIGOROUS IMPRISONMENT FOR SIX MONTHS AND BURDENED WITH THE FINE OF 2LAC EACH IN DEFAULT FURTHER THREE MONTHS SIMPLE IMPRISONMENT FOR THE OFFENCE PUNISHABLE UNDER SECTION 24(1) OF SEBI ACT. CONVICT NO.1 IS BURDENED WITH A FINE OF 5 LAC FOR THE OFFENCE PUNISHABLE UNDER SECTION 24(1) OF SEBI ACT FINE AMOUNT NOT PAID
|
| 185 |
|
|
GREEN ESTATES (INDIA) LTD.
|
|
|
|
DEEPAK BANERJEE
|
|
|
DHIREN KUMAR MAHAPATRA
|
|
|
SAYED MUSTAQUE ALI
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
LAUNCHED PROSECUTION AGAINST THE ENTITY AND ITS DIRECTORS U/S 24 AND 27 OF THE SEBI ACT
02-JUL-2001
|
|
| 186 |
|
|
GREEN FRINGER FOREST & ORCHARDS PVT.LTD.
|
|
|
|
BRAJESH SINGH KARADA
|
|
|
GOVIND SINGH KARADA
|
|
|
SAVITA KORDE
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
02-JUL-2001
|
|
| 187 |
|
|
GREEN GALAXY PLANTATION LTD.
(CIN:U00003BR1997PLC008183)
|
|
|
|
MOHD.RASHID PERWEJ
|
|
|
RAHAT ALI KHAN
|
|
|
RAJ MEHRA PRASAD
|
|
|
SANJAY
|
|
|
SHAMA FIROZAN
|
|
|
SHIREEN SERAJ
|
|
|
SUDHA DEVI
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
02-JUL-2001
|
|
| 188 |
|
|
GREEN GARDEN PROMOTERS LTD.
|
|
|
|
B.C.JAIPURIA
|
|
|
N.C.NAYAK
|
|
|
N.NAYAK
|
|
|
R.C.DAS
|
|
|
S.D.NAYAK
|
|
|
S.ROUT
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
LAUNCHED PROSECUTION AGAINST THE ENTITY AND ITS DIRECTORS U/S 24 AND 27 OF THE SEBI ACT
02-JUL-2001
|
|
| 189 |
|
|
GREEN GLOBAL (INDIA) LTD.
|
|
|
|
KANTA ANTIL
|
|
|
MANOJ GROVER
|
|
|
NARESH HASIJA
|
|
|
SUMAN
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
LAUNCHED PROSECUTION AGAINST THE ENTITY AND ITS DIRECTORS U/S 24 AND 27 OF THE SEBI ACT
02-JUL-2001
|
ACCUSED MOBILIZED RS.38.4 LAKH. ACCUSED NO.5 DECLARED AS PROCLAIMED OFFENDER. ACCUSED COMPANY AND ACCUSED NO.2 AND 3 SENTENCED TO FINE OF RS.1 LAKH EACH AND ON DEFAULT SIMPLE IMPRISONMENT FOR FOUR MONTHS. FURTHER, ORDERED TO FILE WRR WITHIN 1 MONTH WITH SEBI. THE COURT CONVICTED ACCUSED NO.3 AND SENTENCED TO PAY FINE OF RS.2000 ON 21/2/2004.ACCUSED 5 WAS DECLARED AS P O.
|
| 190 |
|
|
GREEN GLORY PVT.LTD.
|
|
|
|
K.B.NANDESHWARI
|
|
|
K.M.BASAVARAJAPPA
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
02-JUL-2001
|
CASE DISMISSED. CRIMINAL REVISION FILED BY SEBI IS PENDING BEFORE HON’BLE HIGH COURT OF MADRAS
|
| 191 |
|
|
GREEN GOLD AGRO DEVELOPMENT LTD.
|
|
|
|
BHUMIKA D.MEHTA
|
|
|
DINESH C.MANUBARWALA
|
|
|
LATA GADHIA
|
|
|
MAHABALESHWAR SHETTI
|
|
|
MAHENDRA M.GADHIA
|
|
|
MEERA MAHABALESHWAR SHETTI
|
|
|
NITIN MAHABALESHWAR SHETTI
|
|
|
PRATIKSHA MAHENDRA GADHIA
|
|
|
USHA NITIN SHETTI
|
|
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
DIRECTED TO WIND UP CIS AND REFUND MONEY TO THE INVESTORS FROM 05-OCT-2001 TO 05-OCT-2006
REJECTED APPLICATION FOR REGISTRATION OF CIS
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 05-OCT-2001 TO 05-OCT-2006
REFERRED TO POLICE AUTHORITIES TO FILE FIR
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
LAUNCHED PROSECUTION AGAINST THE ENTITY AND ITS DIRECTORS U/S 24 AND 27 OF THE SEBI ACT
05-OCT-2001
|
|
| 192 |
|
|
GREEN GOLD FORESTRY LTD.
|
|
|
|
MAHENDRA M.GADHIA
|
|
|
PRATIMA A.PATEL
|
|
|
VAISHALI H.PARIKH
|
|
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
DIRECTED TO WIND UP CIS AND REFUND MONEY TO THE INVESTORS FROM 05-OCT-2001 TO 05-OCT-2006
REJECTED APPLICATION FOR REGISTRATION OF CIS
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 05-OCT-2001 TO 05-OCT-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
LAUNCHED PROSECUTION AGAINST THE ENTITY AND ITS DIRECTORS U/S 24 AND 27 OF THE SEBI ACT
05-OCT-2001
|
|
| 193 |
|
|
GREEN GOLD HORTICULTURE LTD.
|
|
|
|
CHARULATA D.MANUBARWALA
|
|
|
CHETNA I.VORA
|
|
|
LATA GADHIA
|
|
|
MAHENDRA M.GADHIA
|
|
|
MAULIK M.GADHIA
|
|
|
MOHAN KAUR KOTHARI
|
|
|
NITIN A.MASEKAR
|
|
|
PRATIKSHA GOKANI
|
|
|
RAKESH GOKANI
|
|
|
SUNITA C.SHAH
|
|
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
DIRECTED TO WIND UP CIS AND REFUND MONEY TO THE INVESTORS FROM 05-OCT-2001 TO 05-OCT-2006
REJECTED APPLICATION FOR REGISTRATION OF CIS
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 05-OCT-2001 TO 05-OCT-2006
REFERRED TO POLICE AUTHORITIES TO FILE FIR
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
LAUNCHED PROSECUTION AGAINST THE ENTITY AND ITS DIRECTORS U/S 24 AND 27 OF THE SEBI ACT
05-OCT-2001
|
|
| 194 |
|
|
GREEN PARK GARDENS PVT.LTD.
|
|
|
|
KAMESH S.
|
|
|
NANDAGOPAL S.
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
02-JUL-2001
|
|
| 195 |
|
|
GREEN PEARLS LTD.
|
|
|
|
ASHOK ARORA
|
|
|
RAJAN ARORA
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
02-JUL-2001
|
ACCUSED NO. 1 AND 3 STANDS ACQUITTED AND ACCUSED NO. 2 DECLARED AS PROCLAIMED
OFFENDER
|
| 196 |
|
|
GREEN SHARE AGRO FARM (INDIA) PVT.LTD.
|
|
|
|
CHOWDA REDDY
|
|
|
FRANCIS K.J.
|
|
|
K.M.RAJAN
|
|
|
M.K.JAIN
|
|
|
MUNISWAMY
|
|
|
R.V.TYAGARAJAN
|
|
|
S.B.KRISHNAPPA
|
|
|
SHAIJU K.S.
|
|
|
T.P.MAMMU
|
|
|
THIMMA REDDY
|
|
|
VARGHESE MICHEAL
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
LAUNCHED PROSECUTION AGAINST THE ENTITY AND ITS DIRECTORS U/S 24 AND 27 OF THE SEBI ACT
02-JUL-2001
|
|
| 197 |
|
|
GREEN SHIELD PLANTATIONS LTD.
|
|
|
|
PANKAJ KAPOOR
|
|
|
SANJAY ANAND
|
|
|
SANJEEV RUSTAGI
|
|
|
SUBROTO BANERJI
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 21-OCT-2002 TO 21-OCT-2007
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
LAUNCHED PROSECUTION AGAINST THE ENTITY AND ITS DIRECTORS U/S 24 AND 27 OF THE SEBI ACT
21-OCT-2002
|
COURT CONVICTED ACCUSED NO.1,2,3 AND 5 AND SENTENCED TO PAY A FINE OF ` 50,000 EACH, IN DEFAULT 3 MONTHS SIMPLE IMPRISONMENT. FURTHER, THE COURT ALSO DIRECTED TO DEPOSIT 1.70 LAC WITH THE SEBI/ESCROW ACCOUNT WITHIN A PERIOD OF ONE MONTH FROM THE DATE OF THE ORDER, UNDER THE INTIMATION TO THE COURT. THE COURT FURTHER DIRECTED THAT THE SAID AMOUNT CAN BE DISBURSED TO THE INVESTORS AS AND WHEN THEY APPROACH THE SEBI.ACCUSED NO. 4 (SHRI SANJAY ANAND) WAS DECLARED PROCLAIMED OFFENDER
|
| 198 |
|
|
GREEN TIME AGROTECH PVT.LTD.
|
|
|
|
DEEPAK JAIN
|
|
|
PRAMOD CHOUDHARY
|
|
|
SUNIL LUHADIA
|
|
|
VIJAY CHOUDHARY
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
LAUNCHED PROSECUTION AGAINST THE ENTITY AND ITS DIRECTORS U/S 24 AND 27 OF THE SEBI ACT
02-JUL-2001
|
|
| 199 |
|
|
GREEN VILLA COMMERCIAL AGRO INDIA LTD.
|
|
|
|
CHANDRABHUSHAN R.PATEL
|
|
|
JITENDRASINGH M.YADAV
|
|
|
MAHENDRABHAI R.GAMIT
|
|
|
NAGENDRANATH R.SHUKLA
|
|
|
NANDKISHORBHAI PATEL
|
|
|
RAJENDRA KUMAR K.MISHRA
|
|
|
VIJAY KUMAR SINGH M.YADAV
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
02-JUL-2001
|
|
| 200 |
|
|
GREEN VINDRABAN FARMS LTD.
|
|
|
|
ASHA RANI
|
|
|
BALDEV SINGH
|
|
|
CHARAN DASS
|
|
|
HARBANS LAL
|
|
|
JAGIR RAM
|
|
|
MANJIT KAUR
|
|
|
NIRMALJIT SINGH
|
|
|
SADA RAM
|
|
|
SITAL SINGH
|
|
DID NOT APPLY FOR REGISTRATION OF CIS
DID NOT WIND UP TO REPAY INVESTORS AS PER REGULATIONS
|
REQUESTED DCA TO INITIATE WINDING UP OF ENTITY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2001 TO 02-JUL-2006
REFERRED TO STATE GOVERNMENTS FOR FILING OF CIVIL/CRIMINAL PROCEEDINGS FOR FRAUD, CHEATING, CRIMINAL BREACH OF TRUST AND MIS-APPROPRIATION OF PUBLIC FUNDS
LAUNCHED PROSECUTION AGAINST THE ENTITY AND ITS DIRECTORS U/S 24 AND 27 OF THE SEBI ACT
02-JUL-2001
|
SAT: IMPUGNED ORDER UPHELD,APPEAL DISMISSED
THE CAPTIONED MATTER WAS POSTED BEFORE THE LD. COURT ON DECEMBER 20, 2012 FOR PRONOUNCEMENT OF JUDGMENT. ON THE POINT OF SENTENCE ARGUMENT WERE ADDRESSED, THE DEFENCE COUNSEL REQUESTED FOR A LENIENT VIEW ON THE GROUND, AMONG OTHERS, THAT THE ACCUSED COMPANY HAD ALREADY REFUNDED THE COLLECTED AMOUNT TO THE TUNE OF INR 92 LAC TO THE INVESTORS. PER CONTRA, IT WAS ARGUED BY SEBI COUNSEL THAT SINCE VIOLATIONS STOOD ESTABLISHED SUBSTANTIAL PUNISHMENT SHOULD BE AWARDED IN THE MATTER. ACCUSED WITH REGARD TO REPAYMENT TO INVESTORS EXAMINED ASSISTANT TO THE OFFICIAL LIQUIDATOR (OL) AND FILED THE LIST OF PAYMENTS MADE BY THE COMPANY. THE COURT AFTER CONSIDERING THE ARGUMENT AND MATERIAL AVAILABLE ON RECORD IMPOSED A FINE OF INR 50,000 UPON EACH CONVICT IN DEFAULT, THE CONVICT SHALL UNDERGO THREE MONTH S.I.FOR OFFENCE PUNISHABLE UNDER SECTION 24(1) OF THE SEBI ACT. IT IS TO STATE THAT DURING THE PROCEEDINGS THE A2 (SH. HARBANS LAL) WAS DECLARED AS PROCLAIMED OFFENDER. THE COURT DIRECTED THAT FILE OF THE CASE BE CONSIGNED TO RECORD ROOM TO BE REVIVED AS AND WHEN A2 IS APPREHENDED OR AS AND WHEN THE STAY GRANTED BY HON'BLE HIGH COURT OF PUNJAB & HARYANA IS VACATED. IT IS ALSO PERTINENT TO MENTION HERE THAT THE HON'BLE HIGH COURT OF PUNJAB & HARYANA VIDE ITS ORDER DATED DECEMBER 19, 2012 HAS DISPOSED OF THE APPLICATION (FOR DISCHARGE IN THE MATER) FILED BY OL WITH A DIRECTION TO OL TO ASSIST THE LD. TRIAL COURT IN THE MATTER
|
| 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 10 of 29
|
