| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 2761 |
|
USHA DEVI JHUNJHUNWALA
|
|
|
DID NOT MAKE PUBLIC ANNOUNCEMENT AS REQUIRED UNDER REGULATION 11(1) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF SHAREHOLDING INCREASED FROM 62.56% TO 75% PURSUANT TO BUY BACK OFFER OF OCL INDIA LTD.
|
REJECTED APPLICATION FILED FOR GRANT OF EXEMPTION FROM TAKEOVER REGULATIONS, 1997
19-JUL-2011
|
SAT: APPEAL ALLOWED AND ORDER DATED 28/01/2010 SET ASIDE AND PRAYERS (I), (III) AND (IV) IN PARA 6 OF THE MEMORANDUM OF APPEAL GRANTED. ORDER DATED 19/07/2011 BECOME INFRUCTUOUS. PARTIES SHALL BEAR THEIR OWN COSTS
|
| 2762 |
|
|
USHA GUPTA
(PAN:ABIPG1410H)
|
|
|
|
PALSOFT INFOSYSTEMS LTD.
PAN:AABCA3670N
|
|
DID NOT MAKE PUBLIC ANNOUNCEMENT AS REQUIRED UNDER REGULATION 11(1) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF AUTOLITE INDIA LTD.
|
IMPOSED PENALTY RS.10,00,000 ALONG WITH OTHER ENTITIES/PERSONS
31-MAY-2011
|
|
| 2763 |
|
|
USHA GUPTA
(PAN:ABIPG1410H)
|
|
|
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY IN STIPULATED TIME AS REQUIRED UNDER REGULATIONS 6(3) AND 8(2) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF AUTOLITE (INDIA) LTD.
DID NOT MAKE PUBLIC ANNOUNCEMENT AS REQUIRED UNDER REGULATION 10 OF SEBI TAKEOVER CODE, 1997 IN MATTER OF AUTOLITE (INDIA) LTD.
|
IMPOSED PENALTY RS.8,00,000 ALONG WITH OTHER ENTITIES/PERSONS
26-APR-2012
|
|
| 2764 |
|
|
USHA KANORIA
|
|
|
ALLEGED FAILURE IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO STOCK EXCHANGES AND SEBI AS REQUIRED UNDER REGULATIONS 3(3) AND 3(4) READ WITH 3(5) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF BHATPARA JUTE AND PROPERTIES LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.50,000, LEGAL EXPENSES RS.25,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
29-JUL-2008
|
|
| 2765 |
|
|
USHA SINGHANIA
(PAN:AAIPS6099K)
|
|
|
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AS REQUIRED UNDER REGULATION 7(1A) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF GREEN PROJECTS LTD. (PRESENTLY KNOWN AS IITL PROJECTS LTD.)
|
IMPOSED PENALTY RS.2,00,000 ALONG WITH OTHER ENTITIES/PERSONS
14-AUG-2013
|
|
| 2766 |
|
|
USHABEN M.DOSHI
|
|
|
|
HARIJAY INDUSTRIES LTD.
|
|
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AS REQUIRED UNDER REGULATIONS 6(3) AND 8(1)(2) OF SEBI TAKEOVER CODE, 1997
|
IMPOSED PENALTY RS.1,50,000 ALONG WITH OTHER ENTITIES/PERSONS
14-AUG-2002
|
SAT: ORDER MODIFIED BY REDUCING PENALTY AMOUNT TO RS.30,000 FROM RS.1,50,000
|
| 2767 |
|
|
USHMA SHETH
|
|
|
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND STOCK EXCHANGES AS REQUIRED UNDER REGULATION 7 OF SEBI TAKEOVER CODE, 1997 IN MATTER OF ACQUISITION OF SHARES OF PRUDENTIAL PHARMACEUTICALS LTD.
|
IMPOSED PENALTY RS.7,00,000
24-SEP-2009
|
INCLUDED IN SEBI LIST DATED 31/03/2014, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 2768 |
|
|
UTTAMBHAI KOTECHA
(PAN:ADEPK4451E)
(Along with : NATWARLAL L.KANANI,
MAYUR N.KANANI,
KISHOREKUMAR PAUN,
VAJU N.KESHWALA,
ASHA N.KANANI,
KIRTI BEN PAUN,
LEENA PAUN,
DINESH BHAI PAUN,
HARISH BHAI PAUN,
PIYUSH PAUN,
CHIRAG N.KANANI,
BHAVESH PAUN,
RAJUL PAUN,
LALITA BEN PAUN,
MILAP PAUN,
RAKESH K.PAUN,
NATWARLAL PAUN,
NIKUNJ PAUN,
MUKUND T.KOTECHA,
VINOD G.KOTECHA,
ANIL T.KOTECHA,
MANUBHAI T.KOTECHA,
ANIL C.THAKRAR,
KANTABEN KAKUBHAI THAKRAR,
VIPUL SURESHBHAI KOTECHA,
SUDHA H.THAKRAR,
NALIN RASIKLAL KANANI,
JITENDRA L.KANANI,
INDUMATI BEN PAUN)
|
|
|
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND STOCK EXCHANGES AS REQUIRED UNDER REGULATIONS 7(1A) READ WITH 7(2) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF ESSEN SUPPLEMENTS INDIA LTD. (KNOWN AS SQUARE FOUR PROJECTS INDIA LTD.)
|
IMPOSED PENALTY RS.8,00,000 ALONG WITH OTHER ENTITIES/PERSONS
27-AUG-2014
|
|
| 2769 |
|
|
UTTARA V.PATEL
(PAN:AADPP5713E)
|
|
|
DELAY IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AS REQUIRED UNDER REGULATION 8(2) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF GMM PFAUDLER LTD.
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AS REQUIRED UNDER REGULATION 8(2) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF GMM PFAUDLER LTD.
DELAY IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND STOCK EXCHANGES AS REQUIRED UNDER REGULATION 30(2) READ WITH 30(3) OF SAST REGULATIONS, 2011 IN MATTER OF GMM PFAUDLER LTD.
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND STOCK EXCHANGES AS REQUIRED UNDER REGULATION 30(2) READ WITH 30(3) OF SAST REGULATIONS, 2011 IN MATTER OF GMM PFAUDLER LTD.
|
IMPOSED PENALTY RS.10,00,000
30-MAY-2014
|
SAT: SAT VIDE ITS ORDER DATED 20/11/2015 SET ASIDED THE ORDER PASSED BY SEBI AND RESTORE THE APPEALS TO THE FILE OF SEBI FOR PASSING FRESH ORDER ON MERITS. NO COSTS
|
| 2770 |
|
|
UTTARA V.PATEL
(PAN:AADPP5713E)
|
|
|
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AS REQUIRED UNDER REGULATION 8(2) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF GMM PFAUDLER LTD.
DELAY IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AS REQUIRED UNDER REGULATION 8(2) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF GMM PFAUDLER LTD.
|
IMPOSED PENALTY RS.13,50,000 ALONG WITH OTHER ENTITIES/PERSONS
07-FEB-2020
|
|
| 2771 |
|
|
V.A.NORHI
|
|
|
DID NOT MAKE PUBLIC ANNOUNCEMENT AS REQUIRED UNDER REGULATION 11(1) READ WITH 14(1) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF VYBRA AUTOMET LTD.
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND STOCK EXCHANGES AS REQUIRED UNDER REGULATION 7(1A) READ WITH 7(2) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF VYBRA AUTOMET LTD.
|
IMPOSED PENALTY RS.15,00,000 ALONG WITH OTHER ENTITIES/PERSONS
20-JAN-2014
|
SAT: APPEAL DISMISSED AS WITHDRAWN
SAT: SAT VIDE ITS ORDER DATED 05/09/2014 SET ASIDED IMPUGNED ORDER DATED 20/06/2014 AND REMANDED TO SEBI FOR FRESH ADJUDICATION AFTER ISSUING SCNS. NO COSTS
SAT: SAT VIDE ITS ORDER DATED 28/06/2017 DIRECTED SEBI TO ISSUE SCN TO APPELLANTS WITHIN TWO WEEKS FROM THE DATE OF THIS ORDER. SEBI SHALL COMPLETE ADJUDICATION PROCEEDINGS IN ACCORDANCE WITH LAW AND PASS APPROPRIATE ORDER WITHIN A PERIOD OF FOUR WEEKS FROM RECEIVING THE REPLY FROM THE APPELLANTS. FURTHER SAT IMPOSED COSTS RS.10,000.00 ON SEBI TO BE PAID WITHIN TWO WEEKS FROM THE DATE OF THIS ORDER. NO COSTS
|
| 2772 |
|
|
V.B.R.SURYAM
|
|
|
|
KAKATIYA CEMENTS LTD.
|
|
VIOLATED SECTION 24 OF SEBI ACT, 1992
VIOLATED SEBI TAKEOVER CODE, 1997
|
PROSECUTION LAUNCHED
15-MAY-2006
|
ALL ACCUSED WERE DISCHARGED BY COURT. SEBI FILED CR. WP IN BOMBAY HIGH COURT WHICH IS PENDING
|
| 2773 |
|
|
V.C.RAI
|
|
|
|
INFORMATION TECHNOLOGIES (INDIA) LTD.
CIN:U65910UP1994PLC017049
PAN:AAACI1891E
|
|
DID NOT DESPATCH SHARE CERTIFICATES AFTER ALLOTMENT AND/OR TRANSFER WITHIN STIPULATED PERIOD
VIOLATED REGULATIONS 4(A) TO 4(E) OF SEBI (PFUTP) REGULATIONS, 1995
VIOLATED REGULATION 6(D) OF SEBI (PFUTP) REGULATIONS, 1995
DEALT IN SECURITIES VIOLATING REGULATION 4 OF SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 1992
VIOLATED SECTION 11 (2) OF SEBI TAKEOVER CODE, 1997
|
PROSECUTION LAUNCHED
15-MAY-2006
|
CASE DISMISSED BY COURT. REVISION PETITION FILED BY SEBI IS PENDING BEFORE THE ADDITIONAL SESSIONS JUDGE, DELHI
|
| 2774 |
|
|
V.CHIDAMBARAM
|
|
|
ALLEGED FAILURE IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND/OR STOCK EXCHANGES AS REQUIRED UNDER REGULATIONS 7(1) AND 7(1A) READ WITH 7(2) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF AUTOMOBILE PRODUCTS OF INDIA LTD.
ALLEGED FAILURE IN MAKING PUBLIC ANNOUNCEMENT AS REQUIRED UNDER REGULATIONS 10, 11(2) AND 12 READ WITH REGULATION 14 OF SEBI TAKEOVER CODE, 1997 IN MATTER OF AUTOMOBILE PRODUCTS OF INDIA LTD.
ALLEGED FAILURE IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND/OR STOCK EXCHANGES AS REQUIRED UNDER REGULATION 7(1) READ WITH 7(2) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF AUTOMOBILE PRODUCTS OF INDIA LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,97,33,551 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
17-JAN-2017
|
|
| 2775 |
|
|
V.D.KHANDELWAL
|
|
|
DID NOT MAKE PUBLIC ANNOUNCEMENT IN MATTER OF ACQUISITION OF 34,00,000 SHARES IN PREFERENTIAL ALLOTMENT OF GANESH POLYTEX LTD. MAKING IT IN ALL 43.47% OF THE SHARE CAPITAL
|
DIRECTED ACQUIRER TO MAKE PUBLIC OFFER
05-FEB-2007
|
|
| 2776 |
|
|
V.GANESH
|
|
|
ALLEGED FAILURE IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND/OR STOCK EXCHANGES AS REQUIRED UNDER REGULATIONS 7(1) AND 7(1A) READ WITH 7(2) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF AUTOMOBILE PRODUCTS OF INDIA LTD.
ALLEGED FAILURE IN MAKING PUBLIC ANNOUNCEMENT AS REQUIRED UNDER REGULATIONS 10, 11(2) AND 12 READ WITH REGULATION 14 OF SEBI TAKEOVER CODE, 1997 IN MATTER OF AUTOMOBILE PRODUCTS OF INDIA LTD.
ALLEGED FAILURE IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND/OR STOCK EXCHANGES AS REQUIRED UNDER REGULATION 7(1) READ WITH 7(2) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF AUTOMOBILE PRODUCTS OF INDIA LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,97,33,551 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
17-JAN-2017
|
|
| 2777 |
|
|
V.JAYARAMAN
|
|
|
VIOLATED SECTION 20 OF SEBI TAKEOVER CODE, 1997
VIOLATED SECTION 22 OF SEBI TAKEOVER CODE, 1997
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 2778 |
|
|
V.K.AGARWAL
|
|
|
|
AMBIKA FERRO ALLOYS PVT.LTD.
|
|
|
AMIT SHARE TRADING PVT.LTD.
|
|
|
ANJALI FLAT ROLLED SHEETS PVT.LTD.
|
|
|
AQUARIUS STEELS PVT.LTD.
|
|
|
ARUNODAY VINIMAY PVT.LTD.
|
|
|
CLASSIC DEALERS & ADVANCES PVT.LTD.
|
|
|
DECENT DEALERS & ADVANCES PVT.LTD.
|
|
|
DEEP TRADERS & ADVANCES PVT.LTD.
|
|
|
EUREKA MACHINERIES PVT.LTD.
|
|
|
KRP CONSULTANTS PVT.LTD.
|
|
|
NEWAGE COMMERCIAL PVT.LTD.
|
|
|
PARVATI CASTINGS PVT.LTD.
|
|
|
SUMAC IRON & STEEL PVT.LTD.
|
|
|
TAURAS PORTFOLIOS LTD.
|
|
|
VARREN FINANCIAL SERVICES LTD.
|
|
|
VEDANT STEEL CASTING & FORGING PVT.LTD.
|
|
VIOLATED REGULATIONS 4(A) TO 4(E) OF SEBI (PFUTP) REGULATIONS, 1995
VIOLATED REGULATION 6(D) OF SEBI (PFUTP) REGULATIONS, 1995
DEALT IN SECURITIES VIOLATING REGULATION 4 OF SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 1992
VIOLATED SECTION 11 (2) OF SEBI TAKEOVER CODE, 1997
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 2779 |
|
|
V.K.BINDLESH
|
|
|
|
DECENT DEALERS & ADVANCES PVT.LTD.
|
|
|
DEEP TRADERS & ADVANCES PVT.LTD.
|
|
VIOLATED REGULATIONS 4(A) TO 4(E) OF SEBI (PFUTP) REGULATIONS, 1995
VIOLATED REGULATION 6(D) OF SEBI (PFUTP) REGULATIONS, 1995
DEALT IN SECURITIES VIOLATING REGULATION 4 OF SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 1992
VIOLATED SECTION 11 (2) OF SEBI TAKEOVER CODE, 1997
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 2780 |
|
|
V.K.JAIN
|
|
|
|
ADVIK LABORATORIES LTD.
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS IN SCRIP OF ADVIK LABORATORIES LTD.
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO STOCK EXCHANGES AS REQUIRED UNDER REGULATION 13(6) OF SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 1992 IN MATTER OF ADVIK LABORATORIES
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO STOCK EXCHANGES AS REQUIRED UNDER REGULATION 7(3) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF ADVIK LABORATORIES LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-OCT-2010 TO 26-OCT-2011
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 27-OCT-2010 TO 26-OCT-2011
DIRECTED BSE AND NSE TO PERMIT MEMBERS TO SQUARE OFF THEIR EXISTING OPEN POSITIONS IF ANY, IN F&O SEGMENT AND ENSURE THAT NO FRESH POSITIONS ARE CREATED
27-OCT-2010
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 139 of 148
|
