| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 361 |
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
DEEPA SUREKA
PAN:ANTPS8310F
|
|
|
GOVIND SINGH
PAN:DHXPS0249Q
|
|
|
NAVNEET KUMAR SUREKA
PAN:ANWPS5531K
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF MAURIA UDYOG LTD.
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 19-JUN-2023 TO 18-JUN-2028
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS AND/OR DEPOSITORIES AND/OR CUSTODIANS TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS
DIRECTED TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
21-JUN-2023
DIRECTED TO DISGORGE RS.20,44,000 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
30-JUN-2026
|
SEBI VIDE ITS ORDER DATED 12/10/2023 MODIFIED THE DIRECTION ISSUED VIDE INTERIM ORDER DATED 19/06/2023 A) OVERDRAFT BANK ACCOUNTS BEARING NUMBERS 630305004429 AND 630305006222 OF MAURIA UDYOG LTD. HELD WITH ICICI BANK LTD. SHALL BE DEFROZEN BY ICICI BANK LTD. FORTHWITH. APPLICANT AND THE ICICI BANK LTD. SHALL ENSURE THAT THE PORTION OF OVERDRAFT FACILITYIN AFORESAID TWO OVERDRAFT ACCOUNTS WHICH REMAINS UNUTILIZED AS ONDATE OF THIS ORDER IS NOT AVAILABLE FOR UTILIZATION TO THE APPLICANT, TILL FURTHER ORDERS
SAT: SAT VIDE ITS ORDER DATED 30/10/2023 DISMISSED THE APPEAL AS INFRUCTUOUS
SAT: SAT VIDE ITS ORDER DATED 22/08/2025 REITERATED THAT FIRST PRAYER FOR COMPLETION OF PROCEEDINGS WITHIN TWO MONTHS REQUIRES NO SPECIFIC ORDER. FOR SECOND PRAYER, IF APPELLANTS FILE APPLICATION BEFORE WTM, SEBI TO CONSIDER AND DISPOSE OF THE SAME WITHIN THREE WEEKS FROM DATE OF FILING OF APPLICATION
SEBI VIDE ITS ORDER DATED 11/09/2025 DIRECTED TO A) UNFREEZE EMPLOYEES’ GRATUITY SAVINGS ACCOUNT (ACCOUNT NO.8301047398) MAINTAINED WITH ICICI BANK BY ICICI BANK FORTHWITH, SUBJECT TO STIPULATION THAT APPLICANTS NOT TO USE THE FUNDS LYING THEREIN FOR ANY PURPOSE OTHER THAN FOR WHICH THE SAID ACCOUNT WAS OPENED B) UNFREEZE ALL OTHER BANK ACCOUNTS OF THE APPLICANTS SUBJECT TO THEIR DEPOSITING UNLAWFUL GAINS (CALCULATED IN THE INTERIM ORDER), IN ESCROW ACCOUNT/ SAVINGS ACCOUNT WITH LIEN MARKED IN FAVOUR OF SEBI C) DEPOSITORIES TO ALLOW DEBIT IN THE DEMAT ACCOUNT OF NOTICEES FOR THE PURPOSE OF DEPOSITING FUNDS IN THE ESCROW ACCOUNT/ SAVING ACCOUNT IN TERMS OF DIRECTIONS ISSUED VIDE THE INTERIM ORDER DATED 19/06/2023. FURTHER, BANKS TO ALLOW DEBIT IN THE DEMAT ACCOUNTS OF NOTICEES FOR THE PURPOSE OF TRANSFER OF FUNDS TO ESCROW ACCOUNT/ SAVING ACCOUNT D) BANK ACCOUNTS, IF ANY, HELD SINGLY AND EXCLUSIVELY BY MR.DEEPANSHU SUREKA AND FROZEN BY THE BANKS PURSUANT TO THE INTERIM ORDER DATED 19/06/2023 SHALL BE UNFROZEN FORTHWITH. CLARIFIED THAT ANY ACCOUNTS HELD JOINTLY BY MR.DEEPANSHU SUREKA WITH EITHER OF THE APPLICANTS SHALL CONTINUE TO REMAIN FROZEN
SAT: SAT VIDE ITS ORDER DATED 09/12/2025 DISMISSED THE APPEAL AS WITHDRAWN
SAT: SAT VIDE ITS ORDER DATED 09/01/2026 DISMISSED THE APPEAL. NO COSTS
SEBI VIDE ITS ORDER DATED 30/06/2026 DIRECTED TO A) RESTRAINED FROM ACCESSING THE SECURITIES MARKET AND ARE PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH THE SECURITIES MARKET IN ANY MANNER, FOR A PERIOD OF FIVE YEARS FROM DATE OF INTERIM ORDER B) JOINTLY AND SEVERALLY, DISGORGE THE UNLAWFUL GAINS OF RS.20,44,000.00 ALONGWITH SIMPLE INTEREST @12% P.A. FROM 21/10/2020 TILL DATE OF PAYMENT OF DISGORGED AND AMOUNT TO BE REMITTED TO INVESTOR PROTECTION AND EDUCATION FUND (IPEF) WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER
|
| 362 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
DEEPA SUREKA
PAN:ANTPS8310F
|
|
|
KAVITA DEVI
PAN:BASPD6735J
|
|
|
NAVNEET KUMAR SUREKA
PAN:ANWPS5531K
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF MAURIA UDYOG LTD.
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 19-JUN-2023 TO 18-JUN-2028
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS AND/OR DEPOSITORIES AND/OR CUSTODIANS TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS
DIRECTED TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
21-JUN-2023
DIRECTED TO DISGORGE RS.11,57,500 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
30-JUN-2026
|
SEBI VIDE ITS ORDER DATED 12/10/2023 MODIFIED THE DIRECTION ISSUED VIDE INTERIM ORDER DATED 19/06/2023 A) OVERDRAFT BANK ACCOUNTS BEARING NUMBERS 630305004429 AND 630305006222 OF MAURIA UDYOG LTD. HELD WITH ICICI BANK LTD. SHALL BE DEFROZEN BY ICICI BANK LTD. FORTHWITH. APPLICANT AND THE ICICI BANK LTD. SHALL ENSURE THAT THE PORTION OF OVERDRAFT FACILITYIN AFORESAID TWO OVERDRAFT ACCOUNTS WHICH REMAINS UNUTILIZED AS ONDATE OF THIS ORDER IS NOT AVAILABLE FOR UTILIZATION TO THE APPLICANT, TILL FURTHER ORDERS
SAT: SAT VIDE ITS ORDER DATED 30/10/2023 DISMISSED THE APPEAL AS INFRUCTUOUS
SAT: SAT VIDE ITS ORDER DATED 22/08/2025 REITERATED THAT FIRST PRAYER FOR COMPLETION OF PROCEEDINGS WITHIN TWO MONTHS REQUIRES NO SPECIFIC ORDER. FOR SECOND PRAYER, IF APPELLANTS FILE APPLICATION BEFORE WTM, SEBI TO CONSIDER AND DISPOSE OF THE SAME WITHIN THREE WEEKS FROM DATE OF FILING OF APPLICATION
SEBI VIDE ITS ORDER DATED 11/09/2025 DIRECTED TO A) UNFREEZE EMPLOYEES’ GRATUITY SAVINGS ACCOUNT (ACCOUNT NO.8301047398) MAINTAINED WITH ICICI BANK BY ICICI BANK FORTHWITH, SUBJECT TO STIPULATION THAT APPLICANTS NOT TO USE THE FUNDS LYING THEREIN FOR ANY PURPOSE OTHER THAN FOR WHICH THE SAID ACCOUNT WAS OPENED B) UNFREEZE ALL OTHER BANK ACCOUNTS OF THE APPLICANTS SUBJECT TO THEIR DEPOSITING UNLAWFUL GAINS (CALCULATED IN THE INTERIM ORDER), IN ESCROW ACCOUNT/ SAVINGS ACCOUNT WITH LIEN MARKED IN FAVOUR OF SEBI C) DEPOSITORIES TO ALLOW DEBIT IN THE DEMAT ACCOUNT OF NOTICEES FOR THE PURPOSE OF DEPOSITING FUNDS IN THE ESCROW ACCOUNT/ SAVING ACCOUNT IN TERMS OF DIRECTIONS ISSUED VIDE THE INTERIM ORDER DATED 19/06/2023. FURTHER, BANKS TO ALLOW DEBIT IN THE DEMAT ACCOUNTS OF NOTICEES FOR THE PURPOSE OF TRANSFER OF FUNDS TO ESCROW ACCOUNT/ SAVING ACCOUNT D) BANK ACCOUNTS, IF ANY, HELD SINGLY AND EXCLUSIVELY BY MR.DEEPANSHU SUREKA AND FROZEN BY THE BANKS PURSUANT TO THE INTERIM ORDER DATED 19/06/2023 SHALL BE UNFROZEN FORTHWITH. CLARIFIED THAT ANY ACCOUNTS HELD JOINTLY BY MR.DEEPANSHU SUREKA WITH EITHER OF THE APPLICANTS SHALL CONTINUE TO REMAIN FROZEN
SAT: SAT VIDE ITS ORDER DATED 09/12/2025 DISMISSED THE APPEAL AS WITHDRAWN
SAT: SAT VIDE ITS ORDER DATED 09/01/2026 DISMISSED THE APPEAL. NO COSTS
SEBI VIDE ITS ORDER DATED 30/06/2026 DIRECTED TO A) RESTRAINED FROM ACCESSING THE SECURITIES MARKET AND ARE PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH THE SECURITIES MARKET IN ANY MANNER, FOR A PERIOD OF FIVE YEARS FROM DATE OF INTERIM ORDER B) JOINTLY AND SEVERALLY, DISGORGE THE UNLAWFUL GAINS OF RS.11,57,500.00 ALONGWITH SIMPLE INTEREST @12% P.A. FROM 21/10/2020 TILL DATE OF PAYMENT OF DISGORGED AND AMOUNT TO BE REMITTED TO INVESTOR PROTECTION AND EDUCATION FUND (IPEF) WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER
|
| 363 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
DEEPA SUREKA
PAN:ANTPS8310F
|
|
|
JITENDER NAGAR
PAN:ANPPN2462B
|
|
|
NAVNEET KUMAR SUREKA
PAN:ANWPS5531K
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF MAURIA UDYOG LTD.
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 19-JUN-2023 TO 18-JUN-2028
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS AND/OR DEPOSITORIES AND/OR CUSTODIANS TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS
DIRECTED TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
21-JUN-2023
DIRECTED TO DISGORGE RS.6,72,000 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
30-JUN-2026
|
SEBI VIDE ITS ORDER DATED 12/10/2023 MODIFIED THE DIRECTION ISSUED VIDE INTERIM ORDER DATED 19/06/2023 A) OVERDRAFT BANK ACCOUNTS BEARING NUMBERS 630305004429 AND 630305006222 OF MAURIA UDYOG LTD. HELD WITH ICICI BANK LTD. SHALL BE DEFROZEN BY ICICI BANK LTD. FORTHWITH. APPLICANT AND THE ICICI BANK LTD. SHALL ENSURE THAT THE PORTION OF OVERDRAFT FACILITYIN AFORESAID TWO OVERDRAFT ACCOUNTS WHICH REMAINS UNUTILIZED AS ONDATE OF THIS ORDER IS NOT AVAILABLE FOR UTILIZATION TO THE APPLICANT, TILL FURTHER ORDERS
SAT: SAT VIDE ITS ORDER DATED 30/10/2023 DISMISSED THE APPEAL AS INFRUCTUOUS
SAT: SAT VIDE ITS ORDER DATED 22/08/2025 REITERATED THAT FIRST PRAYER FOR COMPLETION OF PROCEEDINGS WITHIN TWO MONTHS REQUIRES NO SPECIFIC ORDER. FOR SECOND PRAYER, IF APPELLANTS FILE APPLICATION BEFORE WTM, SEBI TO CONSIDER AND DISPOSE OF THE SAME WITHIN THREE WEEKS FROM DATE OF FILING OF APPLICATION
SEBI VIDE ITS ORDER DATED 11/09/2025 DIRECTED TO A) UNFREEZE EMPLOYEES’ GRATUITY SAVINGS ACCOUNT (ACCOUNT NO.8301047398) MAINTAINED WITH ICICI BANK BY ICICI BANK FORTHWITH, SUBJECT TO STIPULATION THAT APPLICANTS NOT TO USE THE FUNDS LYING THEREIN FOR ANY PURPOSE OTHER THAN FOR WHICH THE SAID ACCOUNT WAS OPENED B) UNFREEZE ALL OTHER BANK ACCOUNTS OF THE APPLICANTS SUBJECT TO THEIR DEPOSITING UNLAWFUL GAINS (CALCULATED IN THE INTERIM ORDER), IN ESCROW ACCOUNT/ SAVINGS ACCOUNT WITH LIEN MARKED IN FAVOUR OF SEBI C) DEPOSITORIES TO ALLOW DEBIT IN THE DEMAT ACCOUNT OF NOTICEES FOR THE PURPOSE OF DEPOSITING FUNDS IN THE ESCROW ACCOUNT/ SAVING ACCOUNT IN TERMS OF DIRECTIONS ISSUED VIDE THE INTERIM ORDER DATED 19/06/2023. FURTHER, BANKS TO ALLOW DEBIT IN THE DEMAT ACCOUNTS OF NOTICEES FOR THE PURPOSE OF TRANSFER OF FUNDS TO ESCROW ACCOUNT/ SAVING ACCOUNT D) BANK ACCOUNTS, IF ANY, HELD SINGLY AND EXCLUSIVELY BY MR.DEEPANSHU SUREKA AND FROZEN BY THE BANKS PURSUANT TO THE INTERIM ORDER DATED 19/06/2023 SHALL BE UNFROZEN FORTHWITH. CLARIFIED THAT ANY ACCOUNTS HELD JOINTLY BY MR.DEEPANSHU SUREKA WITH EITHER OF THE APPLICANTS SHALL CONTINUE TO REMAIN FROZEN
SAT: SAT VIDE ITS ORDER DATED 09/12/2025 DISMISSED THE APPEAL AS WITHDRAWN
SAT: SAT VIDE ITS ORDER DATED 09/01/2026 DISMISSED THE APPEAL. NO COSTS
SEBI VIDE ITS ORDER DATED 30/06/2026 DIRECTED TO A) RESTRAINED FROM ACCESSING THE SECURITIES MARKET AND ARE PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH THE SECURITIES MARKET IN ANY MANNER, FOR A PERIOD OF FIVE YEARS FROM DATE OF INTERIM ORDER B) JOINTLY AND SEVERALLY, DISGORGE THE UNLAWFUL GAINS OF RS.6,72,000.00 ALONGWITH SIMPLE INTEREST @12% P.A. FROM 21/10/2020 TILL DATE OF PAYMENT OF DISGORGED AND AMOUNT TO BE REMITTED TO INVESTOR PROTECTION AND EDUCATION FUND (IPEF) WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER
|
| 364 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
DEEPA SUREKA
PAN:ANTPS8310F
|
|
|
GOVIND OJHA
PAN:AATPO0326J
|
|
|
NAVNEET KUMAR SUREKA
PAN:ANWPS5531K
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF MAURIA UDYOG LTD.
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 19-JUN-2023 TO 18-JUN-2028
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS AND/OR DEPOSITORIES AND/OR CUSTODIANS TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS
DIRECTED TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
21-JUN-2023
DIRECTED TO DISGORGE RS.38,80,000 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
30-JUN-2026
|
SEBI VIDE ITS ORDER DATED 12/10/2023 MODIFIED THE DIRECTION ISSUED VIDE INTERIM ORDER DATED 19/06/2023 A) OVERDRAFT BANK ACCOUNTS BEARING NUMBERS 630305004429 AND 630305006222 OF MAURIA UDYOG LTD. HELD WITH ICICI BANK LTD. SHALL BE DEFROZEN BY ICICI BANK LTD. FORTHWITH. APPLICANT AND THE ICICI BANK LTD. SHALL ENSURE THAT THE PORTION OF OVERDRAFT FACILITYIN AFORESAID TWO OVERDRAFT ACCOUNTS WHICH REMAINS UNUTILIZED AS ONDATE OF THIS ORDER IS NOT AVAILABLE FOR UTILIZATION TO THE APPLICANT, TILL FURTHER ORDERS
SAT: SAT VIDE ITS ORDER DATED 30/10/2023 DISMISSED THE APPEAL AS INFRUCTUOUS
SAT: SAT VIDE ITS ORDER DATED 22/08/2025 REITERATED THAT FIRST PRAYER FOR COMPLETION OF PROCEEDINGS WITHIN TWO MONTHS REQUIRES NO SPECIFIC ORDER. FOR SECOND PRAYER, IF APPELLANTS FILE APPLICATION BEFORE WTM, SEBI TO CONSIDER AND DISPOSE OF THE SAME WITHIN THREE WEEKS FROM DATE OF FILING OF APPLICATION
SEBI VIDE ITS ORDER DATED 11/09/2025 DIRECTED TO A) UNFREEZE EMPLOYEES’ GRATUITY SAVINGS ACCOUNT (ACCOUNT NO.8301047398) MAINTAINED WITH ICICI BANK BY ICICI BANK FORTHWITH, SUBJECT TO STIPULATION THAT APPLICANTS NOT TO USE THE FUNDS LYING THEREIN FOR ANY PURPOSE OTHER THAN FOR WHICH THE SAID ACCOUNT WAS OPENED B) UNFREEZE ALL OTHER BANK ACCOUNTS OF THE APPLICANTS SUBJECT TO THEIR DEPOSITING UNLAWFUL GAINS (CALCULATED IN THE INTERIM ORDER), IN ESCROW ACCOUNT/ SAVINGS ACCOUNT WITH LIEN MARKED IN FAVOUR OF SEBI C) DEPOSITORIES TO ALLOW DEBIT IN THE DEMAT ACCOUNT OF NOTICEES FOR THE PURPOSE OF DEPOSITING FUNDS IN THE ESCROW ACCOUNT/ SAVING ACCOUNT IN TERMS OF DIRECTIONS ISSUED VIDE THE INTERIM ORDER DATED 19/06/2023. FURTHER, BANKS TO ALLOW DEBIT IN THE DEMAT ACCOUNTS OF NOTICEES FOR THE PURPOSE OF TRANSFER OF FUNDS TO ESCROW ACCOUNT/ SAVING ACCOUNT D) BANK ACCOUNTS, IF ANY, HELD SINGLY AND EXCLUSIVELY BY MR.DEEPANSHU SUREKA AND FROZEN BY THE BANKS PURSUANT TO THE INTERIM ORDER DATED 19/06/2023 SHALL BE UNFROZEN FORTHWITH. CLARIFIED THAT ANY ACCOUNTS HELD JOINTLY BY MR.DEEPANSHU SUREKA WITH EITHER OF THE APPLICANTS SHALL CONTINUE TO REMAIN FROZEN
SAT: SAT VIDE ITS ORDER DATED 09/12/2025 DISMISSED THE APPEAL AS WITHDRAWN
SAT: SAT VIDE ITS ORDER DATED 09/01/2026 DISMISSED THE APPEAL. NO COSTS
SEBI VIDE ITS ORDER DATED 30/06/2026 DIRECTED TO A) RESTRAINED FROM ACCESSING THE SECURITIES MARKET AND ARE PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH THE SECURITIES MARKET IN ANY MANNER, FOR A PERIOD OF FIVE YEARS FROM DATE OF INTERIM ORDER B) JOINTLY AND SEVERALLY, DISGORGE THE UNLAWFUL GAINS OF RS.38,80,000.00 ALONGWITH SIMPLE INTEREST @12% P.A. FROM 21/10/2020 TILL DATE OF PAYMENT OF DISGORGED AND AMOUNT TO BE REMITTED TO INVESTOR PROTECTION AND EDUCATION FUND (IPEF) WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER
|
| 365 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
DEEPA SUREKA
PAN:ANTPS8310F
|
|
|
HARE RAM
PAN:AEYPR6338C
|
|
|
NAVNEET KUMAR SUREKA
PAN:ANWPS5531K
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF MAURIA UDYOG LTD.
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 19-JUN-2023 TO 18-JUN-2028
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS AND/OR DEPOSITORIES AND/OR CUSTODIANS TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS
DIRECTED TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
21-JUN-2023
DIRECTED TO DISGORGE RS.57,52,000 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
30-JUN-2026
|
SEBI VIDE ITS ORDER DATED 12/10/2023 MODIFIED THE DIRECTION ISSUED VIDE INTERIM ORDER DATED 19/06/2023 A) OVERDRAFT BANK ACCOUNTS BEARING NUMBERS 630305004429 AND 630305006222 OF MAURIA UDYOG LTD. HELD WITH ICICI BANK LTD. SHALL BE DEFROZEN BY ICICI BANK LTD. FORTHWITH. APPLICANT AND THE ICICI BANK LTD. SHALL ENSURE THAT THE PORTION OF OVERDRAFT FACILITYIN AFORESAID TWO OVERDRAFT ACCOUNTS WHICH REMAINS UNUTILIZED AS ONDATE OF THIS ORDER IS NOT AVAILABLE FOR UTILIZATION TO THE APPLICANT, TILL FURTHER ORDERS
SAT: SAT VIDE ITS ORDER DATED 30/10/2023 DISMISSED THE APPEAL AS INFRUCTUOUS
SAT: SAT VIDE ITS ORDER DATED 22/08/2025 REITERATED THAT FIRST PRAYER FOR COMPLETION OF PROCEEDINGS WITHIN TWO MONTHS REQUIRES NO SPECIFIC ORDER. FOR SECOND PRAYER, IF APPELLANTS FILE APPLICATION BEFORE WTM, SEBI TO CONSIDER AND DISPOSE OF THE SAME WITHIN THREE WEEKS FROM DATE OF FILING OF APPLICATION
SEBI VIDE ITS ORDER DATED 11/09/2025 DIRECTED TO A) UNFREEZE EMPLOYEES’ GRATUITY SAVINGS ACCOUNT (ACCOUNT NO.8301047398) MAINTAINED WITH ICICI BANK BY ICICI BANK FORTHWITH, SUBJECT TO STIPULATION THAT APPLICANTS NOT TO USE THE FUNDS LYING THEREIN FOR ANY PURPOSE OTHER THAN FOR WHICH THE SAID ACCOUNT WAS OPENED B) UNFREEZE ALL OTHER BANK ACCOUNTS OF THE APPLICANTS SUBJECT TO THEIR DEPOSITING UNLAWFUL GAINS (CALCULATED IN THE INTERIM ORDER), IN ESCROW ACCOUNT/ SAVINGS ACCOUNT WITH LIEN MARKED IN FAVOUR OF SEBI C) DEPOSITORIES TO ALLOW DEBIT IN THE DEMAT ACCOUNT OF NOTICEES FOR THE PURPOSE OF DEPOSITING FUNDS IN THE ESCROW ACCOUNT/ SAVING ACCOUNT IN TERMS OF DIRECTIONS ISSUED VIDE THE INTERIM ORDER DATED 19/06/2023. FURTHER, BANKS TO ALLOW DEBIT IN THE DEMAT ACCOUNTS OF NOTICEES FOR THE PURPOSE OF TRANSFER OF FUNDS TO ESCROW ACCOUNT/ SAVING ACCOUNT D) BANK ACCOUNTS, IF ANY, HELD SINGLY AND EXCLUSIVELY BY MR.DEEPANSHU SUREKA AND FROZEN BY THE BANKS PURSUANT TO THE INTERIM ORDER DATED 19/06/2023 SHALL BE UNFROZEN FORTHWITH. CLARIFIED THAT ANY ACCOUNTS HELD JOINTLY BY MR.DEEPANSHU SUREKA WITH EITHER OF THE APPLICANTS SHALL CONTINUE TO REMAIN FROZEN
SAT: SAT VIDE ITS ORDER DATED 09/12/2025 DISMISSED THE APPEAL AS WITHDRAWN
SAT: SAT VIDE ITS ORDER DATED 09/01/2026 DISMISSED THE APPEAL. NO COSTS
SEBI VIDE ITS ORDER DATED 30/06/2026 DIRECTED TO A) RESTRAINED FROM ACCESSING THE SECURITIES MARKET AND ARE PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH THE SECURITIES MARKET IN ANY MANNER, FOR A PERIOD OF FIVE YEARS FROM DATE OF INTERIM ORDER B) JOINTLY AND SEVERALLY, DISGORGE THE UNLAWFUL GAINS OF RS.57,52,000.00 ALONGWITH SIMPLE INTEREST @12% P.A. FROM 21/10/2020 TILL DATE OF PAYMENT OF DISGORGED AND AMOUNT TO BE REMITTED TO INVESTOR PROTECTION AND EDUCATION FUND (IPEF) WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER
|
| 366 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
DEEPA SUREKA
PAN:ANTPS8310F
|
|
|
KESH RAM
PAN:AGMPR1636B
|
|
|
NAVNEET KUMAR SUREKA
PAN:ANWPS5531K
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF MAURIA UDYOG LTD.
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 19-JUN-2023 TO 18-JUN-2028
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS AND/OR DEPOSITORIES AND/OR CUSTODIANS TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS
DIRECTED TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
21-JUN-2023
DIRECTED TO DISGORGE RS.19,30,000 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
30-JUN-2026
|
SEBI VIDE ITS ORDER DATED 12/10/2023 MODIFIED THE DIRECTION ISSUED VIDE INTERIM ORDER DATED 19/06/2023 A) OVERDRAFT BANK ACCOUNTS BEARING NUMBERS 630305004429 AND 630305006222 OF MAURIA UDYOG LTD. HELD WITH ICICI BANK LTD. SHALL BE DEFROZEN BY ICICI BANK LTD. FORTHWITH. APPLICANT AND THE ICICI BANK LTD. SHALL ENSURE THAT THE PORTION OF OVERDRAFT FACILITYIN AFORESAID TWO OVERDRAFT ACCOUNTS WHICH REMAINS UNUTILIZED AS ONDATE OF THIS ORDER IS NOT AVAILABLE FOR UTILIZATION TO THE APPLICANT, TILL FURTHER ORDERS
SAT: SAT VIDE ITS ORDER DATED 30/10/2023 DISMISSED THE APPEAL AS INFRUCTUOUS
SAT: SAT VIDE ITS ORDER DATED 22/08/2025 REITERATED THAT FIRST PRAYER FOR COMPLETION OF PROCEEDINGS WITHIN TWO MONTHS REQUIRES NO SPECIFIC ORDER. FOR SECOND PRAYER, IF APPELLANTS FILE APPLICATION BEFORE WTM, SEBI TO CONSIDER AND DISPOSE OF THE SAME WITHIN THREE WEEKS FROM DATE OF FILING OF APPLICATION
SEBI VIDE ITS ORDER DATED 11/09/2025 DIRECTED TO A) UNFREEZE EMPLOYEES’ GRATUITY SAVINGS ACCOUNT (ACCOUNT NO.8301047398) MAINTAINED WITH ICICI BANK BY ICICI BANK FORTHWITH, SUBJECT TO STIPULATION THAT APPLICANTS NOT TO USE THE FUNDS LYING THEREIN FOR ANY PURPOSE OTHER THAN FOR WHICH THE SAID ACCOUNT WAS OPENED B) UNFREEZE ALL OTHER BANK ACCOUNTS OF THE APPLICANTS SUBJECT TO THEIR DEPOSITING UNLAWFUL GAINS (CALCULATED IN THE INTERIM ORDER), IN ESCROW ACCOUNT/ SAVINGS ACCOUNT WITH LIEN MARKED IN FAVOUR OF SEBI C) DEPOSITORIES TO ALLOW DEBIT IN THE DEMAT ACCOUNT OF NOTICEES FOR THE PURPOSE OF DEPOSITING FUNDS IN THE ESCROW ACCOUNT/ SAVING ACCOUNT IN TERMS OF DIRECTIONS ISSUED VIDE THE INTERIM ORDER DATED 19/06/2023. FURTHER, BANKS TO ALLOW DEBIT IN THE DEMAT ACCOUNTS OF NOTICEES FOR THE PURPOSE OF TRANSFER OF FUNDS TO ESCROW ACCOUNT/ SAVING ACCOUNT D) BANK ACCOUNTS, IF ANY, HELD SINGLY AND EXCLUSIVELY BY MR.DEEPANSHU SUREKA AND FROZEN BY THE BANKS PURSUANT TO THE INTERIM ORDER DATED 19/06/2023 SHALL BE UNFROZEN FORTHWITH. CLARIFIED THAT ANY ACCOUNTS HELD JOINTLY BY MR.DEEPANSHU SUREKA WITH EITHER OF THE APPLICANTS SHALL CONTINUE TO REMAIN FROZEN
SAT: SAT VIDE ITS ORDER DATED 09/12/2025 DISMISSED THE APPEAL AS WITHDRAWN
SAT: SAT VIDE ITS ORDER DATED 09/01/2026 DISMISSED THE APPEAL. NO COSTS
SEBI VIDE ITS ORDER DATED 30/06/2026 DIRECTED TO A) RESTRAINED FROM ACCESSING THE SECURITIES MARKET AND ARE PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH THE SECURITIES MARKET IN ANY MANNER, FOR A PERIOD OF FIVE YEARS FROM DATE OF INTERIM ORDER B) JOINTLY AND SEVERALLY, DISGORGE THE UNLAWFUL GAINS OF RS.19,30,000.00 ALONGWITH SIMPLE INTEREST @12% P.A. FROM 21/10/2020 TILL DATE OF PAYMENT OF DISGORGED AND AMOUNT TO BE REMITTED TO INVESTOR PROTECTION AND EDUCATION FUND (IPEF) WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER
|
| 367 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
DEEPA SUREKA
PAN:ANTPS8310F
|
|
|
INDRANAND SINGH
PAN:FIIPS3787P
|
|
|
NAVNEET KUMAR SUREKA
PAN:ANWPS5531K
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF MAURIA UDYOG LTD.
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 19-JUN-2023 TO 18-JUN-2028
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS AND/OR DEPOSITORIES AND/OR CUSTODIANS TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS
DIRECTED TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
21-JUN-2023
DIRECTED TO DISGORGE RS.33,855 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
30-JUN-2026
|
SEBI VIDE ITS ORDER DATED 12/10/2023 MODIFIED THE DIRECTION ISSUED VIDE INTERIM ORDER DATED 19/06/2023 A) OVERDRAFT BANK ACCOUNTS BEARING NUMBERS 630305004429 AND 630305006222 OF MAURIA UDYOG LTD. HELD WITH ICICI BANK LTD. SHALL BE DEFROZEN BY ICICI BANK LTD. FORTHWITH. APPLICANT AND THE ICICI BANK LTD. SHALL ENSURE THAT THE PORTION OF OVERDRAFT FACILITYIN AFORESAID TWO OVERDRAFT ACCOUNTS WHICH REMAINS UNUTILIZED AS ONDATE OF THIS ORDER IS NOT AVAILABLE FOR UTILIZATION TO THE APPLICANT, TILL FURTHER ORDERS
SAT: SAT VIDE ITS ORDER DATED 30/10/2023 DISMISSED THE APPEAL AS INFRUCTUOUS
SAT: SAT VIDE ITS ORDER DATED 22/08/2025 REITERATED THAT FIRST PRAYER FOR COMPLETION OF PROCEEDINGS WITHIN TWO MONTHS REQUIRES NO SPECIFIC ORDER. FOR SECOND PRAYER, IF APPELLANTS FILE APPLICATION BEFORE WTM, SEBI TO CONSIDER AND DISPOSE OF THE SAME WITHIN THREE WEEKS FROM DATE OF FILING OF APPLICATION
SEBI VIDE ITS ORDER DATED 11/09/2025 DIRECTED TO A) UNFREEZE EMPLOYEES’ GRATUITY SAVINGS ACCOUNT (ACCOUNT NO.8301047398) MAINTAINED WITH ICICI BANK BY ICICI BANK FORTHWITH, SUBJECT TO STIPULATION THAT APPLICANTS NOT TO USE THE FUNDS LYING THEREIN FOR ANY PURPOSE OTHER THAN FOR WHICH THE SAID ACCOUNT WAS OPENED B) UNFREEZE ALL OTHER BANK ACCOUNTS OF THE APPLICANTS SUBJECT TO THEIR DEPOSITING UNLAWFUL GAINS (CALCULATED IN THE INTERIM ORDER), IN ESCROW ACCOUNT/ SAVINGS ACCOUNT WITH LIEN MARKED IN FAVOUR OF SEBI C) DEPOSITORIES TO ALLOW DEBIT IN THE DEMAT ACCOUNT OF NOTICEES FOR THE PURPOSE OF DEPOSITING FUNDS IN THE ESCROW ACCOUNT/ SAVING ACCOUNT IN TERMS OF DIRECTIONS ISSUED VIDE THE INTERIM ORDER DATED 19/06/2023. FURTHER, BANKS TO ALLOW DEBIT IN THE DEMAT ACCOUNTS OF NOTICEES FOR THE PURPOSE OF TRANSFER OF FUNDS TO ESCROW ACCOUNT/ SAVING ACCOUNT D) BANK ACCOUNTS, IF ANY, HELD SINGLY AND EXCLUSIVELY BY MR.DEEPANSHU SUREKA AND FROZEN BY THE BANKS PURSUANT TO THE INTERIM ORDER DATED 19/06/2023 SHALL BE UNFROZEN FORTHWITH. CLARIFIED THAT ANY ACCOUNTS HELD JOINTLY BY MR.DEEPANSHU SUREKA WITH EITHER OF THE APPLICANTS SHALL CONTINUE TO REMAIN FROZEN
SAT: SAT VIDE ITS ORDER DATED 09/12/2025 DISMISSED THE APPEAL AS WITHDRAWN
SAT: SAT VIDE ITS ORDER DATED 09/01/2026 DISMISSED THE APPEAL. NO COSTS
SEBI VIDE ITS ORDER DATED 30/06/2026 DIRECTED TO A) RESTRAINED FROM ACCESSING THE SECURITIES MARKET AND ARE PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH THE SECURITIES MARKET IN ANY MANNER, FOR A PERIOD OF FIVE YEARS FROM DATE OF INTERIM ORDER B) JOINTLY AND SEVERALLY, DISGORGE THE UNLAWFUL GAINS OF RS.33,855.00 ALONGWITH SIMPLE INTEREST @12% P.A. FROM 21/10/2020 TILL DATE OF PAYMENT OF DISGORGED AND AMOUNT TO BE REMITTED TO INVESTOR PROTECTION AND EDUCATION FUND (IPEF) WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER
|
| 368 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
DEEPA SUREKA
PAN:ANTPS8310F
|
|
|
NAVNEET KUMAR SUREKA
PAN:ANWPS5531K
|
|
|
RAVITA DEVI
PAN:BIGPD0615R
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF MAURIA UDYOG LTD.
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 19-JUN-2023 TO 18-JUN-2028
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS AND/OR DEPOSITORIES AND/OR CUSTODIANS TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS
DIRECTED TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
21-JUN-2023
DIRECTED TO DISGORGE RS.8,57,100 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
30-JUN-2026
|
SEBI VIDE ITS ORDER DATED 12/10/2023 MODIFIED THE DIRECTION ISSUED VIDE INTERIM ORDER DATED 19/06/2023 A) OVERDRAFT BANK ACCOUNTS BEARING NUMBERS 630305004429 AND 630305006222 OF MAURIA UDYOG LTD. HELD WITH ICICI BANK LTD. SHALL BE DEFROZEN BY ICICI BANK LTD. FORTHWITH. APPLICANT AND THE ICICI BANK LTD. SHALL ENSURE THAT THE PORTION OF OVERDRAFT FACILITYIN AFORESAID TWO OVERDRAFT ACCOUNTS WHICH REMAINS UNUTILIZED AS ONDATE OF THIS ORDER IS NOT AVAILABLE FOR UTILIZATION TO THE APPLICANT, TILL FURTHER ORDERS
SAT: SAT VIDE ITS ORDER DATED 30/10/2023 DISMISSED THE APPEAL AS INFRUCTUOUS
SAT: SAT VIDE ITS ORDER DATED 22/08/2025 REITERATED THAT FIRST PRAYER FOR COMPLETION OF PROCEEDINGS WITHIN TWO MONTHS REQUIRES NO SPECIFIC ORDER. FOR SECOND PRAYER, IF APPELLANTS FILE APPLICATION BEFORE WTM, SEBI TO CONSIDER AND DISPOSE OF THE SAME WITHIN THREE WEEKS FROM DATE OF FILING OF APPLICATION
SEBI VIDE ITS ORDER DATED 11/09/2025 DIRECTED TO A) UNFREEZE EMPLOYEES’ GRATUITY SAVINGS ACCOUNT (ACCOUNT NO.8301047398) MAINTAINED WITH ICICI BANK BY ICICI BANK FORTHWITH, SUBJECT TO STIPULATION THAT APPLICANTS NOT TO USE THE FUNDS LYING THEREIN FOR ANY PURPOSE OTHER THAN FOR WHICH THE SAID ACCOUNT WAS OPENED B) UNFREEZE ALL OTHER BANK ACCOUNTS OF THE APPLICANTS SUBJECT TO THEIR DEPOSITING UNLAWFUL GAINS (CALCULATED IN THE INTERIM ORDER), IN ESCROW ACCOUNT/ SAVINGS ACCOUNT WITH LIEN MARKED IN FAVOUR OF SEBI C) DEPOSITORIES TO ALLOW DEBIT IN THE DEMAT ACCOUNT OF NOTICEES FOR THE PURPOSE OF DEPOSITING FUNDS IN THE ESCROW ACCOUNT/ SAVING ACCOUNT IN TERMS OF DIRECTIONS ISSUED VIDE THE INTERIM ORDER DATED 19/06/2023. FURTHER, BANKS TO ALLOW DEBIT IN THE DEMAT ACCOUNTS OF NOTICEES FOR THE PURPOSE OF TRANSFER OF FUNDS TO ESCROW ACCOUNT/ SAVING ACCOUNT D) BANK ACCOUNTS, IF ANY, HELD SINGLY AND EXCLUSIVELY BY MR.DEEPANSHU SUREKA AND FROZEN BY THE BANKS PURSUANT TO THE INTERIM ORDER DATED 19/06/2023 SHALL BE UNFROZEN FORTHWITH. CLARIFIED THAT ANY ACCOUNTS HELD JOINTLY BY MR.DEEPANSHU SUREKA WITH EITHER OF THE APPLICANTS SHALL CONTINUE TO REMAIN FROZEN
SAT: SAT VIDE ITS ORDER DATED 09/12/2025 DISMISSED THE APPEAL AS WITHDRAWN
SAT: SAT VIDE ITS ORDER DATED 09/01/2026 DISMISSED THE APPEAL. NO COSTS
SEBI VIDE ITS ORDER DATED 30/06/2026 DIRECTED TO A) RESTRAINED FROM ACCESSING THE SECURITIES MARKET AND ARE PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH THE SECURITIES MARKET IN ANY MANNER, FOR A PERIOD OF FIVE YEARS FROM DATE OF INTERIM ORDER B) JOINTLY AND SEVERALLY, DISGORGE THE UNLAWFUL GAINS OF RS.8,57,100.00 ALONGWITH SIMPLE INTEREST @12% P.A. FROM 21/10/2020 TILL DATE OF PAYMENT OF DISGORGED AND AMOUNT TO BE REMITTED TO INVESTOR PROTECTION AND EDUCATION FUND (IPEF) WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER
|
| 369 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
DEEPA SUREKA
PAN:ANTPS8310F
|
|
|
NAVNEET KUMAR SUREKA
PAN:ANWPS5531K
|
|
|
ROSHAN KUMAR JAISWAL
PAN:AWMPJ9308E
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF MAURIA UDYOG LTD.
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 19-JUN-2023 TO 18-JUN-2028
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS AND/OR DEPOSITORIES AND/OR CUSTODIANS TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS
DIRECTED TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
21-JUN-2023
DIRECTED TO DISGORGE RS.11,11,000 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
30-JUN-2026
|
SEBI VIDE ITS ORDER DATED 12/10/2023 MODIFIED THE DIRECTION ISSUED VIDE INTERIM ORDER DATED 19/06/2023 A) OVERDRAFT BANK ACCOUNTS BEARING NUMBERS 630305004429 AND 630305006222 OF MAURIA UDYOG LTD. HELD WITH ICICI BANK LTD. SHALL BE DEFROZEN BY ICICI BANK LTD. FORTHWITH. APPLICANT AND THE ICICI BANK LTD. SHALL ENSURE THAT THE PORTION OF OVERDRAFT FACILITYIN AFORESAID TWO OVERDRAFT ACCOUNTS WHICH REMAINS UNUTILIZED AS ONDATE OF THIS ORDER IS NOT AVAILABLE FOR UTILIZATION TO THE APPLICANT, TILL FURTHER ORDERS
SAT: SAT VIDE ITS ORDER DATED 30/10/2023 DISMISSED THE APPEAL AS INFRUCTUOUS
SAT: SAT VIDE ITS ORDER DATED 22/08/2025 REITERATED THAT FIRST PRAYER FOR COMPLETION OF PROCEEDINGS WITHIN TWO MONTHS REQUIRES NO SPECIFIC ORDER. FOR SECOND PRAYER, IF APPELLANTS FILE APPLICATION BEFORE WTM, SEBI TO CONSIDER AND DISPOSE OF THE SAME WITHIN THREE WEEKS FROM DATE OF FILING OF APPLICATION
SEBI VIDE ITS ORDER DATED 11/09/2025 DIRECTED TO A) UNFREEZE EMPLOYEES’ GRATUITY SAVINGS ACCOUNT (ACCOUNT NO.8301047398) MAINTAINED WITH ICICI BANK BY ICICI BANK FORTHWITH, SUBJECT TO STIPULATION THAT APPLICANTS NOT TO USE THE FUNDS LYING THEREIN FOR ANY PURPOSE OTHER THAN FOR WHICH THE SAID ACCOUNT WAS OPENED B) UNFREEZE ALL OTHER BANK ACCOUNTS OF THE APPLICANTS SUBJECT TO THEIR DEPOSITING UNLAWFUL GAINS (CALCULATED IN THE INTERIM ORDER), IN ESCROW ACCOUNT/ SAVINGS ACCOUNT WITH LIEN MARKED IN FAVOUR OF SEBI C) DEPOSITORIES TO ALLOW DEBIT IN THE DEMAT ACCOUNT OF NOTICEES FOR THE PURPOSE OF DEPOSITING FUNDS IN THE ESCROW ACCOUNT/ SAVING ACCOUNT IN TERMS OF DIRECTIONS ISSUED VIDE THE INTERIM ORDER DATED 19/06/2023. FURTHER, BANKS TO ALLOW DEBIT IN THE DEMAT ACCOUNTS OF NOTICEES FOR THE PURPOSE OF TRANSFER OF FUNDS TO ESCROW ACCOUNT/ SAVING ACCOUNT D) BANK ACCOUNTS, IF ANY, HELD SINGLY AND EXCLUSIVELY BY MR.DEEPANSHU SUREKA AND FROZEN BY THE BANKS PURSUANT TO THE INTERIM ORDER DATED 19/06/2023 SHALL BE UNFROZEN FORTHWITH. CLARIFIED THAT ANY ACCOUNTS HELD JOINTLY BY MR.DEEPANSHU SUREKA WITH EITHER OF THE APPLICANTS SHALL CONTINUE TO REMAIN FROZEN
SAT: SAT VIDE ITS ORDER DATED 09/12/2025 DISMISSED THE APPEAL AS WITHDRAWN
SAT: SAT VIDE ITS ORDER DATED 09/01/2026 DISMISSED THE APPEAL. NO COSTS
SEBI VIDE ITS ORDER DATED 30/06/2026 DIRECTED TO A) RESTRAINED FROM ACCESSING THE SECURITIES MARKET AND ARE PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH THE SECURITIES MARKET IN ANY MANNER, FOR A PERIOD OF FIVE YEARS FROM DATE OF INTERIM ORDER B) JOINTLY AND SEVERALLY, DISGORGE THE UNLAWFUL GAINS OF RS.11,11,000.00 ALONGWITH SIMPLE INTEREST @12% P.A. FROM 21/10/2020 TILL DATE OF PAYMENT OF DISGORGED AND AMOUNT TO BE REMITTED TO INVESTOR PROTECTION AND EDUCATION FUND (IPEF) WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER
|
| 370 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
DEEPA SUREKA
PAN:ANTPS8310F
|
|
|
DHARAMWATI CHAUHAN
PAN:AXZPC6279R
|
|
|
NAVNEET KUMAR SUREKA
PAN:ANWPS5531K
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF MAURIA UDYOG LTD.
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 19-JUN-2023 TO 18-JUN-2028
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS AND/OR DEPOSITORIES AND/OR CUSTODIANS TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS
DIRECTED TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
21-JUN-2023
DIRECTED TO DISGORGE RS.13,23,400 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
30-JUN-2026
|
SEBI VIDE ITS ORDER DATED 12/10/2023 MODIFIED THE DIRECTION ISSUED VIDE INTERIM ORDER DATED 19/06/2023 A) OVERDRAFT BANK ACCOUNTS BEARING NUMBERS 630305004429 AND 630305006222 OF MAURIA UDYOG LTD. HELD WITH ICICI BANK LTD. SHALL BE DEFROZEN BY ICICI BANK LTD. FORTHWITH. APPLICANT AND THE ICICI BANK LTD. SHALL ENSURE THAT THE PORTION OF OVERDRAFT FACILITYIN AFORESAID TWO OVERDRAFT ACCOUNTS WHICH REMAINS UNUTILIZED AS ONDATE OF THIS ORDER IS NOT AVAILABLE FOR UTILIZATION TO THE APPLICANT, TILL FURTHER ORDERS
SAT: SAT VIDE ITS ORDER DATED 30/10/2023 DISMISSED THE APPEAL AS INFRUCTUOUS
SAT: SAT VIDE ITS ORDER DATED 22/08/2025 REITERATED THAT FIRST PRAYER FOR COMPLETION OF PROCEEDINGS WITHIN TWO MONTHS REQUIRES NO SPECIFIC ORDER. FOR SECOND PRAYER, IF APPELLANTS FILE APPLICATION BEFORE WTM, SEBI TO CONSIDER AND DISPOSE OF THE SAME WITHIN THREE WEEKS FROM DATE OF FILING OF APPLICATION
SEBI VIDE ITS ORDER DATED 11/09/2025 DIRECTED TO A) UNFREEZE EMPLOYEES’ GRATUITY SAVINGS ACCOUNT (ACCOUNT NO.8301047398) MAINTAINED WITH ICICI BANK BY ICICI BANK FORTHWITH, SUBJECT TO STIPULATION THAT APPLICANTS NOT TO USE THE FUNDS LYING THEREIN FOR ANY PURPOSE OTHER THAN FOR WHICH THE SAID ACCOUNT WAS OPENED B) UNFREEZE ALL OTHER BANK ACCOUNTS OF THE APPLICANTS SUBJECT TO THEIR DEPOSITING UNLAWFUL GAINS (CALCULATED IN THE INTERIM ORDER), IN ESCROW ACCOUNT/ SAVINGS ACCOUNT WITH LIEN MARKED IN FAVOUR OF SEBI C) DEPOSITORIES TO ALLOW DEBIT IN THE DEMAT ACCOUNT OF NOTICEES FOR THE PURPOSE OF DEPOSITING FUNDS IN THE ESCROW ACCOUNT/ SAVING ACCOUNT IN TERMS OF DIRECTIONS ISSUED VIDE THE INTERIM ORDER DATED 19/06/2023. FURTHER, BANKS TO ALLOW DEBIT IN THE DEMAT ACCOUNTS OF NOTICEES FOR THE PURPOSE OF TRANSFER OF FUNDS TO ESCROW ACCOUNT/ SAVING ACCOUNT D) BANK ACCOUNTS, IF ANY, HELD SINGLY AND EXCLUSIVELY BY MR.DEEPANSHU SUREKA AND FROZEN BY THE BANKS PURSUANT TO THE INTERIM ORDER DATED 19/06/2023 SHALL BE UNFROZEN FORTHWITH. CLARIFIED THAT ANY ACCOUNTS HELD JOINTLY BY MR.DEEPANSHU SUREKA WITH EITHER OF THE APPLICANTS SHALL CONTINUE TO REMAIN FROZEN
SAT: SAT VIDE ITS ORDER DATED 09/12/2025 DISMISSED THE APPEAL AS WITHDRAWN
SAT: SAT VIDE ITS ORDER DATED 09/01/2026 DISMISSED THE APPEAL. NO COSTS
SEBI VIDE ITS ORDER DATED 30/06/2026 DIRECTED TO A) RESTRAINED FROM ACCESSING THE SECURITIES MARKET AND ARE PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH THE SECURITIES MARKET IN ANY MANNER, FOR A PERIOD OF FIVE YEARS FROM DATE OF INTERIM ORDER B) JOINTLY AND SEVERALLY, DISGORGE THE UNLAWFUL GAINS OF RS.13,23,400.00 ALONGWITH SIMPLE INTEREST @12% P.A. FROM 21/10/2020 TILL DATE OF PAYMENT OF DISGORGED AND AMOUNT TO BE REMITTED TO INVESTOR PROTECTION AND EDUCATION FUND (IPEF) WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER
|
| 371 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
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|
|
BHUREY SINGH
PAN:BFIPS7754D
|
|
|
DEEPA SUREKA
PAN:ANTPS8310F
|
|
|
NAVNEET KUMAR SUREKA
PAN:ANWPS5531K
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF MAURIA UDYOG LTD.
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 19-JUN-2023 TO 18-JUN-2028
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS AND/OR DEPOSITORIES AND/OR CUSTODIANS TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS
DIRECTED TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
21-JUN-2023
DIRECTED TO DISGORGE RS.5,00,000 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
30-JUN-2026
|
SEBI VIDE ITS ORDER DATED 12/10/2023 MODIFIED THE DIRECTION ISSUED VIDE INTERIM ORDER DATED 19/06/2023 A) OVERDRAFT BANK ACCOUNTS BEARING NUMBERS 630305004429 AND 630305006222 OF MAURIA UDYOG LTD. HELD WITH ICICI BANK LTD. SHALL BE DEFROZEN BY ICICI BANK LTD. FORTHWITH. APPLICANT AND THE ICICI BANK LTD. SHALL ENSURE THAT THE PORTION OF OVERDRAFT FACILITYIN AFORESAID TWO OVERDRAFT ACCOUNTS WHICH REMAINS UNUTILIZED AS ONDATE OF THIS ORDER IS NOT AVAILABLE FOR UTILIZATION TO THE APPLICANT, TILL FURTHER ORDERS
SAT: SAT VIDE ITS ORDER DATED 30/10/2023 DISMISSED THE APPEAL AS INFRUCTUOUS
SAT: SAT VIDE ITS ORDER DATED 22/08/2025 REITERATED THAT FIRST PRAYER FOR COMPLETION OF PROCEEDINGS WITHIN TWO MONTHS REQUIRES NO SPECIFIC ORDER. FOR SECOND PRAYER, IF APPELLANTS FILE APPLICATION BEFORE WTM, SEBI TO CONSIDER AND DISPOSE OF THE SAME WITHIN THREE WEEKS FROM DATE OF FILING OF APPLICATION
SEBI VIDE ITS ORDER DATED 11/09/2025 DIRECTED TO A) UNFREEZE EMPLOYEES’ GRATUITY SAVINGS ACCOUNT (ACCOUNT NO.8301047398) MAINTAINED WITH ICICI BANK BY ICICI BANK FORTHWITH, SUBJECT TO STIPULATION THAT APPLICANTS NOT TO USE THE FUNDS LYING THEREIN FOR ANY PURPOSE OTHER THAN FOR WHICH THE SAID ACCOUNT WAS OPENED B) UNFREEZE ALL OTHER BANK ACCOUNTS OF THE APPLICANTS SUBJECT TO THEIR DEPOSITING UNLAWFUL GAINS (CALCULATED IN THE INTERIM ORDER), IN ESCROW ACCOUNT/ SAVINGS ACCOUNT WITH LIEN MARKED IN FAVOUR OF SEBI C) DEPOSITORIES TO ALLOW DEBIT IN THE DEMAT ACCOUNT OF NOTICEES FOR THE PURPOSE OF DEPOSITING FUNDS IN THE ESCROW ACCOUNT/ SAVING ACCOUNT IN TERMS OF DIRECTIONS ISSUED VIDE THE INTERIM ORDER DATED 19/06/2023. FURTHER, BANKS TO ALLOW DEBIT IN THE DEMAT ACCOUNTS OF NOTICEES FOR THE PURPOSE OF TRANSFER OF FUNDS TO ESCROW ACCOUNT/ SAVING ACCOUNT D) BANK ACCOUNTS, IF ANY, HELD SINGLY AND EXCLUSIVELY BY MR.DEEPANSHU SUREKA AND FROZEN BY THE BANKS PURSUANT TO THE INTERIM ORDER DATED 19/06/2023 SHALL BE UNFROZEN FORTHWITH. CLARIFIED THAT ANY ACCOUNTS HELD JOINTLY BY MR.DEEPANSHU SUREKA WITH EITHER OF THE APPLICANTS SHALL CONTINUE TO REMAIN FROZEN
SAT: SAT VIDE ITS ORDER DATED 09/12/2025 DISMISSED THE APPEAL AS WITHDRAWN
SAT: SAT VIDE ITS ORDER DATED 09/01/2026 DISMISSED THE APPEAL. NO COSTS
SEBI VIDE ITS ORDER DATED 30/06/2026 DIRECTED TO A) RESTRAINED FROM ACCESSING THE SECURITIES MARKET AND ARE PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH THE SECURITIES MARKET IN ANY MANNER, FOR A PERIOD OF FIVE YEARS FROM DATE OF INTERIM ORDER B) JOINTLY AND SEVERALLY, DISGORGE THE UNLAWFUL GAINS OF RS.5,00,000.00 ALONGWITH SIMPLE INTEREST @12% P.A. FROM 21/10/2020 TILL DATE OF PAYMENT OF DISGORGED AND AMOUNT TO BE REMITTED TO INVESTOR PROTECTION AND EDUCATION FUND (IPEF) WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER
|
| 372 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
ARVIND KUMAR
PAN:AEHPK9032M
|
|
|
DEEPA SUREKA
PAN:ANTPS8310F
|
|
|
NAVNEET KUMAR SUREKA
PAN:ANWPS5531K
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF MAURIA UDYOG LTD.
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 19-JUN-2023 TO 18-JUN-2028
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS AND/OR DEPOSITORIES AND/OR CUSTODIANS TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS
DIRECTED TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
21-JUN-2023
DIRECTED TO DISGORGE RS.54,29,000 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
30-JUN-2026
|
SEBI VIDE ITS ORDER DATED 12/10/2023 MODIFIED THE DIRECTION ISSUED VIDE INTERIM ORDER DATED 19/06/2023 A) OVERDRAFT BANK ACCOUNTS BEARING NUMBERS 630305004429 AND 630305006222 OF MAURIA UDYOG LTD. HELD WITH ICICI BANK LTD. SHALL BE DEFROZEN BY ICICI BANK LTD. FORTHWITH. APPLICANT AND THE ICICI BANK LTD. SHALL ENSURE THAT THE PORTION OF OVERDRAFT FACILITYIN AFORESAID TWO OVERDRAFT ACCOUNTS WHICH REMAINS UNUTILIZED AS ONDATE OF THIS ORDER IS NOT AVAILABLE FOR UTILIZATION TO THE APPLICANT, TILL FURTHER ORDERS
SAT: SAT VIDE ITS ORDER DATED 30/10/2023 DISMISSED THE APPEAL AS INFRUCTUOUS
SAT: SAT VIDE ITS ORDER DATED 22/08/2025 REITERATED THAT FIRST PRAYER FOR COMPLETION OF PROCEEDINGS WITHIN TWO MONTHS REQUIRES NO SPECIFIC ORDER. FOR SECOND PRAYER, IF APPELLANTS FILE APPLICATION BEFORE WTM, SEBI TO CONSIDER AND DISPOSE OF THE SAME WITHIN THREE WEEKS FROM DATE OF FILING OF APPLICATION
SEBI VIDE ITS ORDER DATED 11/09/2025 DIRECTED TO A) UNFREEZE EMPLOYEES’ GRATUITY SAVINGS ACCOUNT (ACCOUNT NO.8301047398) MAINTAINED WITH ICICI BANK BY ICICI BANK FORTHWITH, SUBJECT TO STIPULATION THAT APPLICANTS NOT TO USE THE FUNDS LYING THEREIN FOR ANY PURPOSE OTHER THAN FOR WHICH THE SAID ACCOUNT WAS OPENED B) UNFREEZE ALL OTHER BANK ACCOUNTS OF THE APPLICANTS SUBJECT TO THEIR DEPOSITING UNLAWFUL GAINS (CALCULATED IN THE INTERIM ORDER), IN ESCROW ACCOUNT/ SAVINGS ACCOUNT WITH LIEN MARKED IN FAVOUR OF SEBI C) DEPOSITORIES TO ALLOW DEBIT IN THE DEMAT ACCOUNT OF NOTICEES FOR THE PURPOSE OF DEPOSITING FUNDS IN THE ESCROW ACCOUNT/ SAVING ACCOUNT IN TERMS OF DIRECTIONS ISSUED VIDE THE INTERIM ORDER DATED 19/06/2023. FURTHER, BANKS TO ALLOW DEBIT IN THE DEMAT ACCOUNTS OF NOTICEES FOR THE PURPOSE OF TRANSFER OF FUNDS TO ESCROW ACCOUNT/ SAVING ACCOUNT D) BANK ACCOUNTS, IF ANY, HELD SINGLY AND EXCLUSIVELY BY MR.DEEPANSHU SUREKA AND FROZEN BY THE BANKS PURSUANT TO THE INTERIM ORDER DATED 19/06/2023 SHALL BE UNFROZEN FORTHWITH. CLARIFIED THAT ANY ACCOUNTS HELD JOINTLY BY MR.DEEPANSHU SUREKA WITH EITHER OF THE APPLICANTS SHALL CONTINUE TO REMAIN FROZEN
SAT: SAT VIDE ITS ORDER DATED 09/12/2025 DISMISSED THE APPEAL AS WITHDRAWN
SAT: SAT VIDE ITS ORDER DATED 09/01/2026 DISMISSED THE APPEAL. NO COSTS
SEBI VIDE ITS ORDER DATED 30/06/2026 DIRECTED TO A) RESTRAINED FROM ACCESSING THE SECURITIES MARKET AND ARE PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH THE SECURITIES MARKET IN ANY MANNER, FOR A PERIOD OF FIVE YEARS FROM DATE OF INTERIM ORDER B) JOINTLY AND SEVERALLY, DISGORGE THE UNLAWFUL GAINS OF RS.54,29,000.00 ALONGWITH SIMPLE INTEREST @12% P.A. FROM 21/10/2020 TILL DATE OF PAYMENT OF DISGORGED AND AMOUNT TO BE REMITTED TO INVESTOR PROTECTION AND EDUCATION FUND (IPEF) WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER
|
| 373 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
DEEPA SUREKA
PAN:ANTPS8310F
|
|
|
NAVNEET KUMAR SUREKA
PAN:ANWPS5531K
|
|
|
RAJENDRA KUMAR
PAN:BWHPK5104R
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF MAURIA UDYOG LTD.
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 19-JUN-2023 TO 18-JUN-2028
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS AND/OR DEPOSITORIES AND/OR CUSTODIANS TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS
DIRECTED TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
21-JUN-2023
DIRECTED TO DISGORGE RS.4,21,000 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
30-JUN-2026
|
SEBI VIDE ITS ORDER DATED 12/10/2023 MODIFIED THE DIRECTION ISSUED VIDE INTERIM ORDER DATED 19/06/2023 A) OVERDRAFT BANK ACCOUNTS BEARING NUMBERS 630305004429 AND 630305006222 OF MAURIA UDYOG LTD. HELD WITH ICICI BANK LTD. SHALL BE DEFROZEN BY ICICI BANK LTD. FORTHWITH. APPLICANT AND THE ICICI BANK LTD. SHALL ENSURE THAT THE PORTION OF OVERDRAFT FACILITYIN AFORESAID TWO OVERDRAFT ACCOUNTS WHICH REMAINS UNUTILIZED AS ONDATE OF THIS ORDER IS NOT AVAILABLE FOR UTILIZATION TO THE APPLICANT, TILL FURTHER ORDERS
SAT: SAT VIDE ITS ORDER DATED 30/10/2023 DISMISSED THE APPEAL AS INFRUCTUOUS
SAT: SAT VIDE ITS ORDER DATED 22/08/2025 REITERATED THAT FIRST PRAYER FOR COMPLETION OF PROCEEDINGS WITHIN TWO MONTHS REQUIRES NO SPECIFIC ORDER. FOR SECOND PRAYER, IF APPELLANTS FILE APPLICATION BEFORE WTM, SEBI TO CONSIDER AND DISPOSE OF THE SAME WITHIN THREE WEEKS FROM DATE OF FILING OF APPLICATION
SEBI VIDE ITS ORDER DATED 11/09/2025 DIRECTED TO A) UNFREEZE EMPLOYEES’ GRATUITY SAVINGS ACCOUNT (ACCOUNT NO.8301047398) MAINTAINED WITH ICICI BANK BY ICICI BANK FORTHWITH, SUBJECT TO STIPULATION THAT APPLICANTS NOT TO USE THE FUNDS LYING THEREIN FOR ANY PURPOSE OTHER THAN FOR WHICH THE SAID ACCOUNT WAS OPENED B) UNFREEZE ALL OTHER BANK ACCOUNTS OF THE APPLICANTS SUBJECT TO THEIR DEPOSITING UNLAWFUL GAINS (CALCULATED IN THE INTERIM ORDER), IN ESCROW ACCOUNT/ SAVINGS ACCOUNT WITH LIEN MARKED IN FAVOUR OF SEBI C) DEPOSITORIES TO ALLOW DEBIT IN THE DEMAT ACCOUNT OF NOTICEES FOR THE PURPOSE OF DEPOSITING FUNDS IN THE ESCROW ACCOUNT/ SAVING ACCOUNT IN TERMS OF DIRECTIONS ISSUED VIDE THE INTERIM ORDER DATED 19/06/2023. FURTHER, BANKS TO ALLOW DEBIT IN THE DEMAT ACCOUNTS OF NOTICEES FOR THE PURPOSE OF TRANSFER OF FUNDS TO ESCROW ACCOUNT/ SAVING ACCOUNT D) BANK ACCOUNTS, IF ANY, HELD SINGLY AND EXCLUSIVELY BY MR.DEEPANSHU SUREKA AND FROZEN BY THE BANKS PURSUANT TO THE INTERIM ORDER DATED 19/06/2023 SHALL BE UNFROZEN FORTHWITH. CLARIFIED THAT ANY ACCOUNTS HELD JOINTLY BY MR.DEEPANSHU SUREKA WITH EITHER OF THE APPLICANTS SHALL CONTINUE TO REMAIN FROZEN
SAT: SAT VIDE ITS ORDER DATED 09/12/2025 DISMISSED THE APPEAL AS WITHDRAWN
SAT: SAT VIDE ITS ORDER DATED 09/01/2026 DISMISSED THE APPEAL. NO COSTS
SEBI VIDE ITS ORDER DATED 30/06/2026 DIRECTED TO A) RESTRAINED FROM ACCESSING THE SECURITIES MARKET AND ARE PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH THE SECURITIES MARKET IN ANY MANNER, FOR A PERIOD OF FIVE YEARS FROM DATE OF INTERIM ORDER B) JOINTLY AND SEVERALLY, DISGORGE THE UNLAWFUL GAINS OF RS.4,21,000.00 ALONGWITH SIMPLE INTEREST @12% P.A. FROM 21/10/2020 TILL DATE OF PAYMENT OF DISGORGED AND AMOUNT TO BE REMITTED TO INVESTOR PROTECTION AND EDUCATION FUND (IPEF) WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER
|
| 374 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
ANAND BANSAL
PAN:AHYPB4902B
|
|
|
DEEPA SUREKA
PAN:ANTPS8310F
|
|
|
NAVNEET KUMAR SUREKA
PAN:ANWPS5531K
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF MAURIA UDYOG LTD.
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 19-JUN-2023 TO 18-JUN-2028
DIRECTED BANKS THAT NO DEBIT SHALL BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED DEPOSITORIES THAT NO DEBIT TO BE MADE WITHOUT PERMISSION OF SEBI
DIRECTED BANKS AND/OR DEPOSITORIES AND/OR CUSTODIANS TO ENSURE STRICT ENFORCEMENT OF DIRECTIONS
DIRECTED TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
21-JUN-2023
DIRECTED TO DISGORGE RS.32,10,000 ALONG WITH OTHER ENTITIES/PERSONS
DIRECTED TO REMIT DISGORGED AMOUNT TO INVESTOR PROTECTION & EDUCATION FUND (IPEF)
30-JUN-2026
|
SEBI VIDE ITS ORDER DATED 12/10/2023 MODIFIED THE DIRECTION ISSUED VIDE INTERIM ORDER DATED 19/06/2023 A) OVERDRAFT BANK ACCOUNTS BEARING NUMBERS 630305004429 AND 630305006222 OF MAURIA UDYOG LTD. HELD WITH ICICI BANK LTD. SHALL BE DEFROZEN BY ICICI BANK LTD. FORTHWITH. APPLICANT AND THE ICICI BANK LTD. SHALL ENSURE THAT THE PORTION OF OVERDRAFT FACILITYIN AFORESAID TWO OVERDRAFT ACCOUNTS WHICH REMAINS UNUTILIZED AS ONDATE OF THIS ORDER IS NOT AVAILABLE FOR UTILIZATION TO THE APPLICANT, TILL FURTHER ORDERS
SAT: SAT VIDE ITS ORDER DATED 30/10/2023 DISMISSED THE APPEAL AS INFRUCTUOUS
SAT: SAT VIDE ITS ORDER DATED 22/08/2025 REITERATED THAT FIRST PRAYER FOR COMPLETION OF PROCEEDINGS WITHIN TWO MONTHS REQUIRES NO SPECIFIC ORDER. FOR SECOND PRAYER, IF APPELLANTS FILE APPLICATION BEFORE WTM, SEBI TO CONSIDER AND DISPOSE OF THE SAME WITHIN THREE WEEKS FROM DATE OF FILING OF APPLICATION
SEBI VIDE ITS ORDER DATED 11/09/2025 DIRECTED TO A) UNFREEZE EMPLOYEES’ GRATUITY SAVINGS ACCOUNT (ACCOUNT NO.8301047398) MAINTAINED WITH ICICI BANK BY ICICI BANK FORTHWITH, SUBJECT TO STIPULATION THAT APPLICANTS NOT TO USE THE FUNDS LYING THEREIN FOR ANY PURPOSE OTHER THAN FOR WHICH THE SAID ACCOUNT WAS OPENED B) UNFREEZE ALL OTHER BANK ACCOUNTS OF THE APPLICANTS SUBJECT TO THEIR DEPOSITING UNLAWFUL GAINS (CALCULATED IN THE INTERIM ORDER), IN ESCROW ACCOUNT/ SAVINGS ACCOUNT WITH LIEN MARKED IN FAVOUR OF SEBI C) DEPOSITORIES TO ALLOW DEBIT IN THE DEMAT ACCOUNT OF NOTICEES FOR THE PURPOSE OF DEPOSITING FUNDS IN THE ESCROW ACCOUNT/ SAVING ACCOUNT IN TERMS OF DIRECTIONS ISSUED VIDE THE INTERIM ORDER DATED 19/06/2023. FURTHER, BANKS TO ALLOW DEBIT IN THE DEMAT ACCOUNTS OF NOTICEES FOR THE PURPOSE OF TRANSFER OF FUNDS TO ESCROW ACCOUNT/ SAVING ACCOUNT D) BANK ACCOUNTS, IF ANY, HELD SINGLY AND EXCLUSIVELY BY MR.DEEPANSHU SUREKA AND FROZEN BY THE BANKS PURSUANT TO THE INTERIM ORDER DATED 19/06/2023 SHALL BE UNFROZEN FORTHWITH. CLARIFIED THAT ANY ACCOUNTS HELD JOINTLY BY MR.DEEPANSHU SUREKA WITH EITHER OF THE APPLICANTS SHALL CONTINUE TO REMAIN FROZEN
SAT: SAT VIDE ITS ORDER DATED 09/12/2025 DISMISSED THE APPEAL AS WITHDRAWN
SAT: SAT VIDE ITS ORDER DATED 09/01/2026 DISMISSED THE APPEAL. NO COSTS
SEBI VIDE ITS ORDER DATED 30/06/2026 DIRECTED TO A) RESTRAINED FROM ACCESSING THE SECURITIES MARKET AND ARE PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY, OR BEING ASSOCIATED WITH THE SECURITIES MARKET IN ANY MANNER, FOR A PERIOD OF FIVE YEARS FROM DATE OF INTERIM ORDER B) JOINTLY AND SEVERALLY, DISGORGE THE UNLAWFUL GAINS OF RS.32,10,000.00 ALONGWITH SIMPLE INTEREST @12% P.A. FROM 21/10/2020 TILL DATE OF PAYMENT OF DISGORGED AND AMOUNT TO BE REMITTED TO INVESTOR PROTECTION AND EDUCATION FUND (IPEF) WITHIN FORTY FIVE DAYS FROM DATE OF RECEIPT OF THIS ORDER
|
| 375 |
|
|
MAX CAPITAL
(PAN:AUWPT4085E)
|
|
|
|
MAHESH TILLORE
PAN:AUWPT4085E
|
|
ACTED AS INVESTMENT ADVISER WITHOUT SEBI REGISTRATION
|
CEASED & DESIST FROM UNDERTAKING ANY ACTIVITY IN SECURITIES MARKET INCLUDING ACTIVITY OF ACTING AND REPRESENTING THROUGH ANY MEDIA (PHYSICAL OR DIGITAL) AS AN INVESTMENT ADVISOR, DIRECTLY OR INDIRECTLY, IN ANY MANNER WHATSOEVER FROM 11-MAY-2021 TO 10-MAY-2023
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO IMMEDIATELY WITHDRAW AND REMOVE ALL ADVERTISEMENTS, REPRESENTATIONS, LITERATURES, BROCHURES, MATERIALS, PUBLICATIONS, DOCUMENTS, WEBSITE, ETC. IN RELATION TO THOSE SCHEMES / ACTIVITIES (INVESTMENT ADVISER AND ALTERNATIVE INVESTMENT FUND, AND/OR RESEARCH ANALYST) OR ANY UNREGISTERED ACTIVITIES FROM 11-MAY-2021 TO 10-MAY-2023
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 11-MAY-2021 TO 10-MAY-2023
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 11-MAY-2021 TO 10-MAY-2023
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
DIRECTED BANKS NOT TO ALLOW ANY DEBITS/WITHDRAWLS AND CREDITS FROM ACCOUNT WITHOUT PERMISSION OF SEBI FROM 11-MAY-2021 TO 10-MAY-2023
DIRECTED DEPOSITORIES TO ENSURE THAT NO DEBITS AND/OR CREDITS MADE IN DEMAT ACCOUNTS, HELD JOINTLY OR SEVERALLY, OF ENTITIES AND PERSONS
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED TO REFUND MONEY TO THE INVESTORS
DIRECTED TO ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES IN CONNECTION WITH THE REFUND OF MONEY
DIRECTED TO MAKE REFUND THROUGH BANKING CHANNELS SUCH AS DEMAND DRAFT AND/OR PAY ORDER AND/OR ELECTRONIC MODE OF TRANSFER
RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM FROM 11-MAY-2021 TO 10-MAY-2023
ALLOWED BANKS TO DEBIT FOR THE PURPOSE OF MAKING REFUNDS TO CLIENTS/INVESTORS/COMPLAINANTS
DIRECTED TO FILE CERTIFICATE OF COMPLETION OF PROCESS WITH SEBI FROM TWO INDEPENDENT PEER REVIEWED CHARTERED ACCOUNTANTS
RESTRAINED FROM ASSOCIATING WITH ANY INTERMEDIARY REGISTERED WITH SEBI OR ANY LISTED ENTITY OR ITS MATERIAL UNLISTED SUBSIDIARY FROM 11-MAY-2021 TO 10-MAY-2023
DIRECTED NOT TO UNDERTAKE EITHER DIRECTLY OR INDIRECTLY INVESTMENT ADVISORY SERVICES AND/OR RESEARCH ANALYST ACTIVITY IN SECURITIES MARKET WITHOUT OBTAINING CERTIFICATE OF REGISTRATION FROM SEBI FROM 11-MAY-2021 TO 10-MAY-2023
24-JUL-2020
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SEBI VIDE ITS ORDER DATED 11/05/2021 DIRECTED TO A) REFUND THE MONEY RECEIVED FROM CLIENTS/INVESTORS, AS FEES OR CONSIDERATION OR IN ANY OTHER FORM, IN RESPECT OF UNREGISTERED INVESTMENT ADVISORY ACTIVITIES WITHIN PERIOD OF THREE MONTHS FROM THE DATE OF THIS ORDER B) ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES (ONE ENGLISH AND ONE HINDI) AND IN ONE LOCAL DAILY WITH WIDE CIRCULATION, DETAILING THE MODALITIES FOR REFUND INCLUDING DETAILS OF CONTACT PERSON NAMES, ADDRESSES AND CONTACT DETAILS WITHIN 15 DAYS OF COMING FORCE OF THIS ORDER C) REPAYMENTS TO CLIENTS/INVESTORS SHALL BE EFFECTED ONLY IN CASH THROUGH BANK DEMAND DRAFT OR PAY ORDER D) PREVENTED FROM SELLING THE ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES IN DEMAT AND PHYSICAL FORM EXCEPT FOR THE SOLE PURPOSE OF MAKING THE REFUNDS AS DIRECTED E) BANKS TO ALLOW DEBIT ONLY FOR THE PURPOSE OF MAKING REFUNDS TO THE CLIENTS/INVESTORS WHO WERE AVAILING THE INVESTMENT ADVISORY SERVICES FROM THE NOTICEES F) FILE REPORT OF SUCH COMPLETION OF WITH SEBI DULY CERTIFIED FROM INDEPENDENT CHARTERED ACCOUNTANTS G) DEBARRED FROM ACCESSING SECURITIES MARKET DIRECTLY OR INDIRECTLY AND ARE PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN THE SECURITIES MARKET, DIRECTLY OR INDIRECTLY IN ANY MANNER WHATSOEVER FOR PERIOD OF TWO YEARS FROM DATE OF COMPLETION OF REFUNDS TO INVESTORS H) RESTRAINED FROM ASSOCIATING WITH ANY LISTED COMPANY AND ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC, OR ANY INTERMEDIARY REGISTERED WITH SEBI IN THE CAPACITY FOR TWO YEARS FROM THE DATE OF COMPLETION OF REFUNDS TO INVESTORS I) NOT TO UNDERTAKE, EITHER DIRECTLY OR INDIRECTLY, INVESTMENT ADVISORY SERVICES OR ANY ACTIVITY IN THE SECURITIES MARKET WITHOUT OBTAINING CERTIFICATE OF REGISTRATION FROM SEBI
SEBI VIDE ITS NOTICE DATED 15/09/2023 DIRECTED TO PAY RS.2,00,80,775.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 13/12/2023 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS 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
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| 376 |
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MILLE ROSES LTD.,MALTA
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INDULGED IN FRAUDULENT AND MANIPULATIVE SCHEME, DEVICE, ARTIFICE PERPETRATED BY KASSA FINVEST LTD. AND ITS DIRECTORS/PROMOTERS/EMPLOYEES IN VIOLATION OF REGULATIONS 3(A), (C), (D) AND 4(1) OF PFUTP REGULATIONS
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DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 05-SEP-2017 TO 04-SEP-2027
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 05-SEP-2017 TO 04-SEP-2027
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS OWNED BY COMPANY
DIRECTED TO REPAY/REFUND TO INVESTORS / CLIENTS MONEY WITH INTEREST @15% P.A. FROM THE DATE OF REPAYMENT DUE TILL THE DATE OF ACTUAL PAYMENT
05-SEP-2017
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SEBI VIDE ITS ORDER DATED 05/09/2017 DIRECTED TO 1) PROHIBITED FROM ACCESSING THE SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING, SELLING OR DEALING IN SECURITIES, EITHER DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER WHATSOEVER, FOR A PERIOD OF TEN YEARS FROM THE DATE OF THIS ORDER 2) REPAY/REFUND THE INVESTORS/CLIENT’S MONEY WITH AN INTEREST OF 15% P.A. FROM THE DATE WHEN THE REPAYMENT BECAME DUE TILL THE DATE OF ACTUAL PAYMENT. THE PAYMENTS TO THE INVESTORS/CLIENTS IN RESPECT OF THE TRANSACTIONS EXECUTED THROUGH STOCK EXCHANGES SHALL BE MADE IN-COORDINATION WITH NSE AND BSE, AFTER TAKING INTO ACCOUNT THE PAYMENTS MADE BY SAID EXCHANGES TO THE INVESTORS/CLIENTS OF KASSA FINVEST OUT OF THE IPF ACCOUNT OF THE EXCHANGES 3) NOT TO DISPOSE OFF OR ALIENATE ANY ASSETS, WHETHER MOVABLE OR IMMOVABLE, OR CREATE ANY INTEREST OR CHARGE IN ANY SUCH ASSETS. PERMITTED TO SELL THEIR ASSETS FOR THE SOLE PURPOSE OF MAKING REPAYMENTS TO INVESTORS AND DEPOSIT THE PROCEEDS IN AN ESCROW ACCOUNT OPNED WITH A NATIONALIZED BANK. MONEY DEPOSITED IN THE ESCROW ACCOUNT HAS TO BE DISBURSED TO THE CLIENTS/INVESTORS ONLY IN COORDINATION WITH NSE AND BSE. UPTO THE EXTENT OF TOTAL MONEY DISBURSED BY THE EXCHANGES OUT OF THEIR IPF ACCOUNTS TO THE CLIENTS/INVESTORS OF KASSA FINVEST 5) DIRECTED TO PROVIDE FULL INVENTORY OF ALL THEIR ASSETS AND PROPERTIES AND DETAILS OF THEIR BANK ACCOUNTS, DEMAT ACCOUNTS AND HOLDINGS OF SHARES/SECURITIES, IF HELD IN PHYSICAL SHARES
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| 377 |
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MINANCE INVESTMENT ADVISORS PVT.LTD.
(CIN:U74999KA2017PTC108408
PAN:AALCM4744M)
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ANURAG BHATIA
DIN:07012878
PAN:AVEPB6967G
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DID NOT SUBMIT MATERIAL INFORMATION TO SEBI
DID NOT ADHERE TO REQUIREMENT OF CAPITAL ADEQUACY
DID NOT APPOINT COMPLIANCE OFFICER
DID NOT PROVIDE INFORMATION TO SEBI
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RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 20-OCT-2020 TO 19-OCT-2025
CEASED & DESIST FROM UNDERTAKING ANY ACTIVITY IN SECURITIES MARKET INCLUDING ACTIVITY OF ACTING AND REPRESENTING THROUGH ANY MEDIA (PHYSICAL OR DIGITAL) AS AN INVESTMENT ADVISOR, DIRECTLY OR INDIRECTLY, IN ANY MANNER WHATSOEVER FROM 20-OCT-2020 TO 19-OCT-2025
DIRECTED NOT TO DIVERT ANY FUNDS RAISED FROM PUBLIC AT LARGE KEPT IN BANK ACCOUNT AND/OR IN THE CUSTODY OF THE COMPANY FROM 20-OCT-2020 TO 19-OCT-2025
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO IMMEDIATELY WITHDRAW AND REMOVE ALL ADVERTISEMENTS, REPRESENTATIONS, LITERATURES, BROCHURES, MATERIALS, PUBLICATIONS, DOCUMENTS, WEBSITE, ETC. IN RELATION TO THOSE SCHEMES / ACTIVITIES (INVESTMENT ADVISER AND ALTERNATIVE INVESTMENT FUND, AND/OR RESEARCH ANALYST) OR ANY UNREGISTERED ACTIVITIES FROM 20-OCT-2020 TO 19-OCT-2025
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
DIRECTED BANKS NOT TO ALLOW ANY DEBITS/WITHDRAWLS AND CREDITS FROM ACCOUNT WITHOUT PERMISSION OF SEBI FROM 20-OCT-2020 TO 19-OCT-2025
DIRECTED DEPOSITORIES TO ENSURE THAT NO DEBITS AND/OR CREDITS MADE IN DEMAT ACCOUNTS, HELD JOINTLY OR SEVERALLY, OF ENTITIES AND PERSONS
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED TO RESOLVE ALL PENDING COMPLAINTS
CANCELLED REGISTRATION AS INVESTMENT ADVISOR FROM 20-OCT-2020 TO 19-OCT-2025
20-OCT-2020
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SEBI VIDE ITS ORDER DATED 20/04/2021 CONFIRMED THE DIRECTIONS ISSUED VIDE ITS INTERIM ORDER DATED 20/10/2020
SEBI VIDE ITS ORDER DATED 31/05/2023 DIRECTED TO A) CANCEL CERTIFICATE OF REGISTRATION AS INVESTMENT ADVISER B) RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER, WHATSOEVER FOR FIVE YEARS FROM INTERIM ORDER C) RESOLVE THE COMPLAINTS PENDING IN SCORES TO INVESTMENT ADVISORY SERVICES WITHIN THIRTY DAYS FROM DATE OF THIS ORDER
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| 378 |
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MINANCE TECHNOLOGIES PVT.LTD.
(CIN:U74999KA2016PTC096810
PAN:AAKCM6309D)
|
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ADHIRAJ SINGH
DIN:07474250
PAN:EFDPS1272E
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INDULGED IN ACTIVITY OF PORTFOLIO MANAGER WITHOUT SEBI REGISTRATION
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RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 27-MAY-2022 TO 26-MAY-2023
CEASED AND DESIST FROM UNDERTAKING ANY ACTIVITY IN SECURITIES MARKET INCLUDING ACTIVITY OF ACTING AND REPRESENTING THROUGH ANY MEDIA (PHYSICAL OR DIGITAL) AS PORTFOLIO MANAGER, DIRECTLY OR INDIRECTLY, IN ANY MANNER WHATSOEVER FROM 27-MAY-2022 TO 26-MAY-2023
DIRECTED NOT TO DIVERT ANY FUNDS RAISED FROM PUBLIC AT LARGE KEPT IN BANK ACCOUNT AND/OR IN THE CUSTODY OF THE COMPANY FROM 27-MAY-2022 TO 26-MAY-2023
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO IMMEDIATELY WITHDRAW AND REMOVE ALL ADVERTISEMENTS, REPRESENTATIONS, LITERATURES, BROCHURES, MATERIALS, PUBLICATIONS, DOCUMENTS, WEBSITE, ETC. IN RELATION TO PORTFOLIO MANAGEMENT ACTIVITIES IN SECURITIES MARKET FROM 27-MAY-2022 TO 26-MAY-2023
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
DIRECTED TO SUBMIT LIST OF CLIENTS AND FEE COLLECTED FROM THEM
DIRECTED BANKS NOT TO ALLOW ANY DEBITS/WITHDRAWLS AND CREDITS FROM ACCOUNT WITHOUT PERMISSION OF SEBI FROM 27-MAY-2022 TO 26-MAY-2023
DIRECTED BANKS TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI FROM 27-MAY-2022 TO 26-MAY-2023
DIRECTED DEPOSITORIES TO ENSURE THAT NO DEBITS AND CREDITS MADE IN DEMAT ACCOUNTS
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED TO SUBMIT NUMBER AND DETAILS OF CLIENTS WHO HAVE AVAILED PORTFOLIO MANAGEMENT SERVICES AND AMOUNT OF FEE COLLECTED AS PORTFOLIO MANAGER
DIRECTED TO REFUND MONEY TO THE INVESTORS
DIRECTED TO ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES IN CONNECTION WITH THE REFUND OF MONEY
DIRECTED TO MAKE REFUND THROUGH BANKING CHANNELS SUCH AS DEMAND DRAFT AND/OR PAY ORDER AND/OR ELECTRONIC MODE OF TRANSFER
RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM FROM 27-MAY-2022 TO 26-MAY-2023
DIRECTED TO SUBMIT COMPLETION REPORT OF REPAYMENT TO SEBI CERTIFIED BY INDEPENDENT CHARTERED ACCOUNTANT
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 27-MAY-2022 TO 26-MAY-2023
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 27-MAY-2022 TO 26-MAY-2023
DIRECTED NOT TO UNDERTAKE EITHER DIRECTLY OR INDIRECTLY INVESTMENT ADVISORY SERVICES AND/OR RESEARCH ANALYST ACTIVITY IN SECURITIES MARKET WITHOUT OBTAINING CERTIFICATE OF REGISTRATION FROM SEBI FROM 27-MAY-2022 TO 26-MAY-2023
07-DEC-2020
|
|
| 379 |
|
|
MINANCE TECHNOLOGIES PVT.LTD.
(CIN:U74999KA2016PTC096810
PAN:AAKCM6309D)
|
|
|
|
ANURAG BHATIA
DIN:07012878
PAN:AVEPB6967G
|
|
INDULGED IN ACTIVITY OF PORTFOLIO MANAGER WITHOUT SEBI REGISTRATION
|
RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING/SELLING OR OTHERWISE DEALING IN SECURITIES AND/OR UNITS OF MUTUAL FUNDS DIRECTLY OR INDIRECTLY OR BEING ASSOCIATED WITH SECURITIES MARKET IN ANY MANNER FROM 07-DEC-2020 UNTIL FURTHER ORDERS
CEASED AND DESIST FROM UNDERTAKING ANY ACTIVITY IN SECURITIES MARKET INCLUDING ACTIVITY OF ACTING AND REPRESENTING THROUGH ANY MEDIA (PHYSICAL OR DIGITAL) AS PORTFOLIO MANAGER, DIRECTLY OR INDIRECTLY, IN ANY MANNER WHATSOEVER FROM 07-DEC-2020 UNTIL FURTHER ORDERS
DIRECTED NOT TO DIVERT ANY FUNDS RAISED FROM PUBLIC AT LARGE KEPT IN BANK ACCOUNT AND/OR IN THE CUSTODY OF THE COMPANY FROM 07-DEC-2020 UNTIL FURTHER ORDERS
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO IMMEDIATELY WITHDRAW AND REMOVE ALL ADVERTISEMENTS, REPRESENTATIONS, LITERATURES, BROCHURES, MATERIALS, PUBLICATIONS, DOCUMENTS, WEBSITE, ETC. IN RELATION TO PORTFOLIO MANAGEMENT ACTIVITIES IN SECURITIES MARKET FROM 07-DEC-2020 UNTIL FURTHER ORDERS
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
DIRECTED TO SUBMIT LIST OF CLIENTS AND FEE COLLECTED FROM THEM
DIRECTED BANKS NOT TO ALLOW ANY DEBITS/WITHDRAWLS AND CREDITS FROM ACCOUNT WITHOUT PERMISSION OF SEBI FROM 07-DEC-2020 UNTIL FURTHER ORDERS
DIRECTED BANKS TO ENSURE COMPLIANCE OF THE DIRECTIONS ISSUED BY SEBI FROM 07-DEC-2020 UNTIL FURTHER ORDERS
DIRECTED DEPOSITORIES TO ENSURE THAT NO DEBITS AND CREDITS MADE IN DEMAT ACCOUNTS
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT SECURITIES (INCLUDING MF UNITS) IN PHYSICAL FORM NOT TO TRANSFER /REDEEM WITHOUT CONFIRMATION OF CONCERNED STOCK EXCHANGES
DIRECTED TO SUBMIT NUMBER AND DETAILS OF CLIENTS WHO HAVE AVAILED PORTFOLIO MANAGEMENT SERVICES AND AMOUNT OF FEE COLLECTED AS PORTFOLIO MANAGER
DIRECTED TO REFUND MONEY TO THE INVESTORS
DIRECTED TO ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES IN CONNECTION WITH THE REFUND OF MONEY
DIRECTED TO MAKE REFUND THROUGH BANKING CHANNELS SUCH AS DEMAND DRAFT AND/OR PAY ORDER AND/OR ELECTRONIC MODE OF TRANSFER
RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM FROM 07-DEC-2020 UNTIL FURTHER ORDERS
DIRECTED TO SUBMIT COMPLETION REPORT OF REPAYMENT TO SEBI CERTIFIED BY INDEPENDENT CHARTERED ACCOUNTANT
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 07-DEC-2020 UNTIL FURTHER ORDERS
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 07-DEC-2020 UNTIL FURTHER ORDERS
DIRECTED NOT TO UNDERTAKE EITHER DIRECTLY OR INDIRECTLY INVESTMENT ADVISORY SERVICES AND/OR RESEARCH ANALYST ACTIVITY IN SECURITIES MARKET WITHOUT OBTAINING CERTIFICATE OF REGISTRATION FROM SEBI FROM 07-DEC-2020 UNTIL FURTHER ORDERS
07-DEC-2020
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SEBI VIDE ITS ORDER DATED 27/05/2022 DIRECTED TO A) REFUND THE MONEY RECEIVED FROM COMPLAINTS AND/OR INVESTORS, AS FEES OR CONSIDERATION OR IN ANY OTHER FORM, IN RESPECT OF UNREGISTERED PORTFOLIO MANAGEMENT ACTIVITIES WITHIN THREE MONTHS FROM DATE OF THIS ORDER B) ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES (ONE ENGLISH AND ONE HINDI) AND IN ONE LOCAL DAILY WITH WIDE CIRCULATION, DETAILING MODALITIES FOR REFUND INCLUDING DETAILS OF CONTACT PERSON NAMES, ADDRESSES AND CONTACT DETAILS WITHIN 15 DAYS OF COMING FORCE OF THIS ORDER C) REPAYMENTS TO COMPLAINTS AND/OR INVESTORS SHALL BE EFFECTED ONLY THROUGH BANK DEMAND DRAFT OR PAY ORDER OR ELECTRONICS FUND TRANSFER D) PREVENTED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM EXCEPT FOR THE SOLE PURPOSE OF MAKING THE REFUNDS AS DIRECTED. FURTHER, DIRECTED BANK TO ALLOW DEBIT ONLY FOR THE PURPOSE OF MAKING REFUNDS TO THE COMPLAINTS AND/OR INVESTORS WHO WERE AVAILING THE INVESTMENT ADVISORY SERVICES E) FILE REPORT OF SUCH COMPLETION WITH SEBI DULY CERTIFIED FROM INDEPENDENT CHARTERED ACCOUNTANTS F) DEBARRED FROM ACCESSING SECURITIES MARKET DIRECTLY OR INDIRECTLY AND ARE PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN THE SECURITIES MARKET, DIRECTLY OR INDIRECTLY IN ANY MANNER WHATSOEVER FOR THREE YEARS FROM DATE OF THIS ORDER OR TILL THE EXPIRY OF THREE YEARS FROM THE DATE OF COMPLETION OF REFUNDS TO COMPLAINTS AND/OR INVESTORS G) NOT TO UNDERTAKE, EITHER DIRECTLY OR INDIRECTLY, PORTFOLIO MANAGEMENT SERVICES OR ANY OTHER ACTIVITY IN THE SECURITIES MARKET WITHOUT OBTAINING CERTIFICATE OF REGISTRATION FROM SEBI
SEBI VIDE ITS NOTICE DATED 30/08/2024 DIRECTED TO PAY RS.64,70,15,194.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 26/02/2025 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS 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
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| 380 |
|
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MONEY BOOSTER
(PAN:HMDPS5313C)
|
|
|
|
ANURAG SINGH
PAN:HMDPS5313C
|
|
ACTED AS INVESTMENT ADVISER WITHOUT SEBI REGISTRATION
|
CEASED & DESIST FROM UNDERTAKING ANY ACTIVITY IN SECURITIES MARKET INCLUDING ACTIVITY OF ACTING AND REPRESENTING THROUGH ANY MEDIA (PHYSICAL OR DIGITAL) AS AN INVESTMENT ADVISOR, DIRECTLY OR INDIRECTLY, IN ANY MANNER WHATSOEVER FROM 22-APR-2021 TO 21-APR-2023
CEASED AND DESIST FROM ACTING AS AN INVESTMENT ADVISOR AND/OR RESEARCH ANALYST AND CEASE TO SOLICIT OR UNDERTAKE SUCH ACTIVITIES OR ANY OTHER UNREGISTERED ACTIVITY IN SECURITIES MARKET, DIRECTLY OR INDIRECTLY, IN ANY MANNER WHATSOEVER FROM 22-APR-2021 TO 21-APR-2023
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 22-APR-2021 TO 21-APR-2023
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 22-APR-2021 TO 21-APR-2023
DIRECTED NOT TO DIVERT ANY FUNDS RAISED FROM PUBLIC AT LARGE KEPT IN BANK ACCOUNT AND/OR IN THE CUSTODY OF THE COMPANY FROM 22-APR-2021 TO 21-APR-2023
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS WITHOUT PRIOR PERMISSION OF SEBI
DIRECTED TO IMMEDIATELY WITHDRAW AND REMOVE ALL ADVERTISEMENTS, REPRESENTATIONS, LITERATURES, BROCHURES, MATERIALS, PUBLICATIONS, DOCUMENTS, WEBSITE, ETC. IN RELATION TO THOSE SCHEMES / ACTIVITIES (INVESTMENT ADVISER AND ALTERNATIVE INVESTMENT FUND, AND/OR RESEARCH ANALYST) OR ANY UNREGISTERED ACTIVITIES FROM 22-APR-2021 TO 21-APR-2023
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS, MOVABLE OR IMMOVABLE, OR ANY INTEREST OR INVESTMENT OR CHARGE IN ANY OF SUCH ASSETS, INCLUDING DETAILS OF ALL BANKS & DEMAT ACCOUNTS AND/OR MUTUAL FUNDS INVESTMENTS
DIRECTED BANKS NOT TO ALLOW ANY DEBITS/WITHDRAWLS AND CREDITS FROM ACCOUNT WITHOUT PERMISSION OF SEBI FROM 22-APR-2021 TO 21-APR-2023
DIRECTED DEPOSITORIES TO ENSURE THAT NO DEBITS AND/OR CREDITS MADE IN DEMAT ACCOUNTS, HELD JOINTLY OR SEVERALLY, OF ENTITIES AND PERSONS
DIRECTED REGISTRAR AND TRANSFER AGENTS TO ENSURE THAT NOT TRANSFERRED SECURITIES HELD JOINTLY OR SEVERALLY
DIRECTED TO REFUND MONEY TO THE INVESTORS
DIRECTED TO ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES IN CONNECTION WITH THE REFUND OF MONEY
DIRECTED TO MAKE REFUND THROUGH BANKING CHANNELS SUCH AS DEMAND DRAFT AND/OR PAY ORDER AND/OR ELECTRONIC MODE OF TRANSFER
RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM FROM 22-APR-2021 TO 21-APR-2023
07-FEB-2020
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SEBI VIDE ITS ORDER DATED 22/04/2021 DIRECTED TO A) REFUND THE MONEY RECEIVED FROM THE COMPLAINANTS/INVESTORS, AS FEES OR CONSIDERATION IN ANY OTHER FORM IN RESPECT OF UNREGISTERED INVESTMENT ADVISORY ACTIVITIES B) ISSUE PUBLIC NOTICE, IN ALL EDITIONS OF TWO NATIONAL DAILIES AND IN ONE LOCAL DAILY WITH WIDE CIRCULATION, DETAILING THE MODALITIES FOR REFUND C) REPAYMENTS TO CLIENS/INVESTORS SHALL BE EFFECTED ONLY THROUGH BANK DEMAND DRAFT OR PAY ORDER D) PREVENTED FROM SELLING THE ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES IN DEMAT AND PHYSICAL FORM EXCEPT FOR THE SOLE PURPOSE AND BANK ALLOWED DEBIT ONLY FOR THE PURPOSE OF MAKING REFUNDS TO THE CLIENTS/INVESTORS WHO AVAILING THE INVESTMENT ADVISORY SERVICES E) FILE A REPORT OF COMPLETION DULY CERTIFIED BY INDEPENDENT CHARTERED ACCOUNTANT WITH SEBI AFTER COMPLETION OF THREE MONTHS FROM THE COMING INTO FORCE OF THIS ORDER AND F) DEBARRED FROM ACCESSING THE SECURITIES MARKET, DIRECTLY OR INDIRECTLY AND PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN THE SECURITIES MARKET, DIRECTLY OR INDIRECTLY IN ANY MANNER WHATSOEVER FOR A PERIOD OF 2 (TWO) YEARS FROM THE DATE OF THIS ORDER OR TILL THE EXPIRY OF 2 (TWO) YEARS FROM THE DATE OF COMPLETION OF REFUNDS TO COMPLAINTS/INVESTORS G) RESTRAINED FROM ASSOCIATING WITH ANY COMPANY WHOSE SECURITIES ARE LISTED ON A RECOGNIZED STOCK EXCHANGE AND ANY COMPANY WHICH INTENDS TO RAISE MONEY FROM THE PUBLIC, OR ANY INTERMEDIARY REGISTERED WITH SEBI IN ANY CAPACITY FOR A PERIOD OF 2 (TWO) YEARS FROM THE DATE OF THIS ORDER OR TILL THE EXPIRY OF 2 (TWO) YEARS FROM THE DATE OF COMPLETION OF REFUNDS TO COMPLAINTS/INVESTORS G) NOT TO UNDERTAKE, EITHER DIRECTLY OR INDIRECTLY, INVESTMENT ADVISORY ACTIVITIES OR ANY ACTIVITY IN SECURITIES MARKET WITHOUT OBTAINING CERTIFICATE OF REGISTRATION FROM SEBI
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| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
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