SOURCE OF INFORMATION : SECURITIES AND EXCHANGE BOARD OF INDIA WEBSITE � PRESS RELEASES/ CHAIRMAN�S AND MEMBER�S ORDERS / AO ORDERS/ SAT ORDERS/ NEWSPAPER ADS
UPDATED TILL : 04-NOV-2026

NAMES IN BROWN COLOUR
Names of entities/persons in brown colour denote that the regulatory order is not against them but their names have been mentioned only for association purposes.

COMPANIES: PROSECUTION LAUNCHED

S.No.

ENTITY

PERSONS

REGULATORY CHARGES

REGULATORY ACTION(S) / DATE OF ORDER

FURTHER DEVELOPMENTS

281

LAXMI MOVERS

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CHANDRAKANT MOHANLAL SANGANI

PANKAJ NATWARLAL MAVANI

VIOLATED SEBI (PFUTP) REGULATIONS, 1995

PROSECUTION LAUNCHED

15-MAY-2006

282

LIBERTY STOCKLINKS PVT.LTD.

SUNIL SHARMA

VIKAS MEHTA

FAILED TO PAY PENALTY

PROSECUTION LAUNCHED

31-MAR-2014

283

LINEAR INVESTMENT

N.K.JOSHI

VIOLATED SECTION 11 (3) OF SEBI ACT, 1992

PROSECUTION LAUNCHED

31-MAR-2010

284

LUMINANT INVESTMENTS PVT.LTD.

(PAN:AAACL0834A)

ARUN J.SHAH

KETAN VINAYCHANDRA PAREKH

DIN:00009468
PAN:AADPP1505A

VIOLATED SEBI (PFUTP) REGULATIONS, 1995

PROSECUTION LAUNCHED

15-MAY-2006

DISMISSED

285

LUMINANT INVESTMENTS PVT.LTD.

(PAN:AAACL0834A)

ARUN J.SHAH

KETAN VINAYCHANDRA PAREKH

DIN:00009468
PAN:AADPP1505A

MUKESH J.JOSHI

VIOLATED SECTION 11 (3) OF SEBI ACT, 1992

PROSECUTION LAUNCHED

31-MAR-2010

286

LUMINANT INVESTMENTS PVT.LTD.

(PAN:AAACL0834A)

KETAN VINAYCHANDRA PAREKH

DIN:00009468
PAN:AADPP1505A

NITIN VIJAY KAPADIA

VISAL H.PANCHOLI

FAILED TO PAY PENALTY

PROSECUTION LAUNCHED

31-MAR-2013

287

LUXURY FOAMS LTD.

M.C.MALOO

S.L.MALOO

PAN:AAAPM0844N

SUNIL AGARWAL

FAILED TO PAY PENALTY

PROSECUTION LAUNCHED

31-MAR-2010

THE OFFENCE WAS COMPOUNDED

288

M�BELLE INTERNATIONAL PVT.LTD.

ANUPAMA S.MOTWANI

GOPU PARIMAL BELANI

RITA K.MOTWANI

SURESH HEMWANI

SUSHIL M.THAKKAR

VIOLATED SECTION 24 (1) OF SEBI ACT, 1992

ACTED AS SUB-BROKER WITHOUT SEBI REGISTRATION

PROSECUTION LAUNCHED

31-MAR-2010

289

M�BELLE INTERNATIONAL PVT.LTD.

ANUPAMA S.MOTWANI

DEVEN MEHTA

GOPU PARIMAL BELANI

MEENAL CHHABARIA

RITA K.MOTWANI

SURESH GURBUX MOTWANI

SURESH HEMWANI

SUSHIL M.THAKKAR

VIOLATED SECTION 24 OF SEBI ACT, 1992

VIOLATED SECTION 4 OF SEBI (PFUTP) REGULATIONS, 1995

VIOLATED SECTION 11 (C) 6 OF SEBI ACT, 1992

PROSECUTION LAUNCHED

15-MAY-2006

SEBI VIDE ITS NOTICE DATED 02/05/2014 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 NOTICE DATED 26/12/2018 DIRECTED TO A) RECOVERY PROCEEDING INITIATED AGAINST MIL SHALL CONTINUE TO REMAIN IN FORCE B) BANK/DEMAT ACCOUNTS OF MIL SHALL CONTINUE TO REMAIN ATTACHED C) SHOW-CAUSE NOTICE DATED 21/03/2016 ISSUED TO THE DIRECTIONS OTHER THAN THE APPELLANTS SHALL CONTINUE TO REMAIN IN FORCE

SEBI VIDE ITS NOTICE DATED 26/12/2018 DIRECTED TO A) RECOVERY PROCEEDING INITIATED AGAINST MIL SHALL CONTINUE TO REMAIN IN FORCE B) BANK/DEMAT ACCOUNTS OF MIL SHALL CONTINUE TO REMAIN ATTACHED C) SHOW-CAUSE NOTICE DATED 21/03/2016 ISSUED TO THE DIRECTIONS OTHER THAN THE APPELLANTS SHALL CONTINUE TO REMAIN IN FORCE

290

MACHINDRANATH MULTI TRADE PVT.LTD.

PRAVIN SAWANT

FAILED TO PAY PENALTY

PROSECUTION LAUNCHED

31-MAR-2013

291

MAHADEV AGRO INDUSTRIES LTD.

AVADESH KUMAR SHARMA

DIPESH P.SETH

H.C.CHUGH

OM PRAKASH TUSHIR

RAJBIR SINGH HOODA

V.SHANKAR

DID NOT DESPATCH SHARE CERTIFICATES AFTER ALLOTMENT AND/OR TRANSFER WITHIN STIPULATED PERIOD

DID NOT PAY DIVIDEND WITHIN STIPULATED PERIOD

PROSECUTION LAUNCHED

15-MAY-2006

ACCUSED NO.1 COMPANY PROCEDED U/S 305 OF CR.P.C. (EX-PARTE) PROCEEDINGS AGAINST ACCUSED NO.2,4,5 AND 7 WERE DROPPED VIDE ORDER DATED 20/11/2001. ACCUSED NOS 3 AND 6 PLEADED GUILTY AND COURT IMPOSED FINE OF RS.10,000 EACH

292

MAHADEV BIO-ENGINEERS

VIOLATED SECTION 24 OF SEBI (PFUTP) REGULATION, 1995

PROSECUTION LAUNCHED

15-MAY-2006

293

MAHADEV CORP.(INDIA) LTD.

AVADESH KUMAR SHARMA

OM PRAKASH TUSHIR

RAJBIR SINGH HOODA

DID NOT DESPATCH SHARE CERTIFICATES AFTER ALLOTMENT AND/OR TRANSFER WITHIN STIPULATED PERIOD

PROSECUTION LAUNCHED

15-MAY-2006

ACCUSED NO.2 PLEADED GUILTY AND LD. COURT IMPOSED A FINE OF RS.5000. NONE FOR COMPANY AND PROCEEDINGS QUA A3 AND A4 DROPPED AND FILE CONSIGNED TO RR

294

MAHADEV LEASING CO.LTD.

AJIT AMBANI

AVADESH KUMAR SHARMA

FAQUIR MOHAN PATNAIK

J.C.VERMA

J.S.GROVER

OM PRAKASH TUSHIR

RAJBIR SINGH HOODA

V.SHANKAR

MIS-STATEMENTS IN THE PROSPECTUS

PROSECUTION LAUNCHED

15-MAY-2006

CASE DISMISSED BY COURT

NOT APPEARING IN THE LIST OF CASES DISMISSED/ACCUSED DISCHARGES IN THE PROSECUTION FILED BY SEBI (AS ON 31ST MARCH 2010)

CONVICTION

295

MAHARASHTRA DISTILLERIES LTD.

K.P.JAYAKAR

P.L.NARASIMHAN

R.S.JOHAR

RANJAN MUKERJEE

SATISH J.KAUL

VINOD KUMAR LUTHRA

VIOLATED SECTION 24 OF SEBI ACT, 1992

VIOLATED SEBI TAKEOVER CODE, 1997

PROSECUTION LAUNCHED

15-MAY-2006

296

MAHESH KOTHARI SHARES & STOCK BROKERS PVT.LTD.

FAILED TO PAY PENALTY

PROSECUTION LAUNCHED

31-MAR-2014

297

MAHIM INVESTMENT & TRADING CO.PVT.LTD.

HEMENDRA J.SHROFF

KAMLESH J.SHROFF

MANOJ T.SHROFF

VIOLATED REGULATIONS 4 (A) TO (D) OF SEBI (PFUTP) REGULATIONS, 1995

VIOLATED REGULATION 11 OF SEBI (PFUTP) REGULATIONS, 1995

VIOLATED REGULATION 12 SEBI (PFUTP) REGULATIONS, 1995

DEALT IN SECURITIES WHILE IN POSSESSION OF UNPUBLISHED PRICE SENSITIVE INFORMATION VIOLATING REGULATION 3 (I) OF SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 1992

DEALT IN SECURITIES VIOLATING REGULATION 4 OF SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 1992

PROSECUTION LAUNCHED

15-MAY-2006

298

MAHSUKHBHAI S.ADANI FAMILY TRUST

MAHSUKH S.ADANI

SUVARNA M.ADANI

VIOLATED SECTION 2 (I) (A) OF SECURITIES CONTRACTS (REGULATION) ACT, 1956

VIOLATED SECTION 16 OF SECURITIES CONTRACTS (REGULATION) ACT, 1956

VIOLATED SECTION 23 OF SECURITIES CONTRACTS (REGULATION) ACT, 1956

VIOLATED SECTION 24 OF SECURITIES CONTRACTS (REGULATION) ACT, 1956

PROSECUTION LAUNCHED

15-MAY-2006

THE OFFENCE WAS COMPOUNDED ON PAYMENT OF RS.30,00,000 BY THE ACCUSED TO SEBI

299

MALLESWARA FINANCE & INVESTMENT CO.LTD.

A.BALAKRISHNA

K.KRISHNAMOORTHY

VIOLATED SECTION 24 OF SEBI ACT, 1992

VIOLATED SEBI TAKEOVER CODE, 1997

PROSECUTION LAUNCHED

15-MAY-2006

300

MANDU INDUSTRIES LTD.

BASANTILAL KAKRECHA

MADANLAL JAIN