| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 481 |
|
TREE HOUSE EDUCATION & ACCESSORIES LTD.
(PAN:AACCT4932H)
|
|
|
|
GEETA BHATIA
PAN:AAGPB8685G
|
|
|
GIRIDHARILAL S.BHATIA
PAN:AAGPB8687E
|
|
|
HITEN TRIVEDI
PAN:ABNPT2943H
|
|
|
RAJESH BHATIA
PAN:AAHPB9438N
|
|
|
VISHAL SHAH
PAN:AALPS6882P
|
|
INDULGED IN MANIPULATION IN BOOKS OF ACCOUNTS, MISREPRESENTATION OF FINANCILAS AND/OR BUSINESS OPERATIONS AND WRONGFUL DIVERSIONS/SIPHONING OF FUNDES FROM THE F.Y.2011-12 IN MATTER OF TREE HOUSE EDUCATION & ACCESSORIES LTD.
INDULGED IN MANIPULATION IN BOOKS OF ACCOUNTS, MISREPRESENTATION OF FINANCILAS AND/OR BUSINESS OPERATIONS AND WRONGFUL DIVERSIONS/SIPHONING OF FUNDES FROM THE F.Y.2011-12 VIOLATING REGULATION 4(1) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 IN MATTER OF TREE HOUSE EDUCATION & ACCESSORIES LTD.
DID NOT MAKE DISCLOSURE OF RELATED PARTY TRANSACTIONS WITH ITS PROMOTER VIOLATING REGULATIONS 23 READ WITH 34 AND 53 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 07-MAR-2018 TILL FURTHER ORDERS
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 07-MAR-2018 TILL FURTHER ORDERS
DIRECTED NSE TO APPOINT INDEPENDENT AUDITOR/AUDIT FIRM TO CONDUCT DETAILED FORENSIC AUDIT OF BOOKS OF ACCOUNTS OF TREE HOUSE FOR F.Y.2011-12 ONWARDS
07-MAR-2018
|
SAT: SAT VIDE ITS ORDER DATED 29/08/2018 GRANTED THREE WEEKS TIME TO FILE REPLIES AND WTM OF SEBI SHALL PASS CONFIRMATORY ORDER WITHIN TWO MONTHS THEREAFTER. NO COSTS
SEBI VIDE ITS ORDER DATED 16/11/2018 CONFIRMED DIRECTIONS ISSUED VIDE ITS AD-INTERIM EX-PARTE ORDER DATED 07/03/2018
SAT: SAT VIDE ITS ORDER DATED 07/11/2019 QUASHED AND SET ASIDED IMPUGNED ORDERS DATED 16/11/2018 AND 07/03/2018 AS FAR AS THE DIRECTION OF RESTRAIN FROM DEALING IN SECURITIES MARKET IN ANY MANNER AND UPHELD DIRECTION RELATING TO FORENSIC AUDIT. DIRECTED APPELLANTS TO EXTEND FULL COOPERATION TO ENABLE THE AUDITOR TO COMPLETE FORENSIC AUDIT. NO COSTS
|
| 482 |
|
|
TRIDHAATU RENOVATORS PVT.LTD.
(PAN:AAGCT6918H)
|
|
|
DID NOT SUBMIT BANK DETAILS TO DEBENTURE TRUSTEES VIOLATING CLAUSE 3.2 OF SEBI CIRCULAR SEBI/HO/DDHS/CIR/P/103/2020 DATED 23/06/2020 READ WITH CLAUSE 4.1 OF CHAPTER XI OF SEBI CIRCULAR SEBI/HO/DDHS/P/CIR/2021/613 DATED 10/08/2021 READ WITH REGULATION 8 OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.1,00,000
28-FEB-2023
|
SEBI VIDE ITS NOTICE DATED 19/06/2023 DIRECTED TO PAY RS.1,05,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 14/07/2023 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
SEBI VIDE ITS NOTICE DATED 22/08/2023 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.1,07,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTG
SEBI VIDE ITS NOTICE DATED 25/09/2023 ALLOWED THE APPEAL AND DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUND FOLIOS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 14/07/2023
SEBI VIDE ITS ORDER DATED 25/09/2023 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.6689 OF 2023 DATED 19/06/2023
|
| 483 |
|
|
TRINITY TRADELINK LTD.
(CIN:L11103MH1985PLC035826
PAN:AAFCS8117C)
|
|
|
|
VIKRANT KAYAN
DIN:00761044
PAN:AFJPK8437M
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS VIOLATING REGULATIONS 4(2)(F)(II)(1), (6), (7), 4(2)(F)(III)(1)(3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF TRINITY TRADELINK LTD.
DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF TRINITY TRADELINK LTD.
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF TRINITY TRADELINK LTD. VIOLATING SECTION 21 OF SCRA, 1956
|
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 29-JUN-2022 TO 28-JUN-2023
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
IMPOSED PENALTY RS.20,00,000
29-JUN-2022
|
SAT: SAT VIDE ITS ORDER DATED 07/11/2022 CONDONED THE DELAY IN FILING OF APPEAL. DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED ON OR BEFORE NEXT DATE
|
| 484 |
|
|
TRINITY TRADELINK LTD.
(CIN:L11103MH1985PLC035826
PAN:AAFCS8117C)
|
|
|
|
AKHTAR KHAN
PAN:ASPPK4388L
|
|
|
BHASKAR PAUL
PAN:AXTPP1047Q
|
|
|
GIRIJA BANERJEE
PAN:AJWPB1941Q
|
|
|
KASHI NATH ISHAR
PAN:AASPI2273F
|
|
|
VIKASH DUBEY
PAN:APCPD7488N
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS VIOLATING REGULATIONS 4(2)(F)(II)(1), (6), (7), 4(2)(F)(III)(1)(3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF TRINITY TRADELINK LTD.
DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF TRINITY TRADELINK LTD.
ISSUED UNTRUE CERTIFICATES WITH RESPECT TO FINANCIAL STATEMENTS VIOLATING REGULATION 17(8) READ WITH PART B OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF TRINITY TRADELINK 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 29-JUN-2022 TO 28-DEC-2022
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
IMPOSED PENALTY RS.6,00,000
29-JUN-2022
|
|
| 485 |
|
|
TRIPOLI INVESTMENT & TRADING CO.
(PAN:AAACT2207P)
|
|
|
INDULGED IN DIVERSION OF FUNDS OF RS.2315.09 CRORES (APPROX.) FROM RELIGARE FINVEST LTD. TO PROMOTERS AND THEIR RELATED ENTITIES VIOLATING SECTIONS 12A(A) TO (C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D) & 4(1), 4(2)(F) AND 4(2) (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF RELIGARE ENTERPRISES LTD.
DID NOT MAKE DISCLOSURE OF FUNDS ROUTED BY RELIGARE FINVEST LTD. THROUGH UNRELATED ENTITIES TO PROMOTERS AND PROMOTERS GROUP ENTITIES VIOLATING CLAUSE 32 OF LISTING AGREEMENT IN MATTER OF RELIGARE ENTERPRISES LTD.
MISREPRESENTATED FINANCIAL POSITION BY ROLLING OVER THE LOANS VIOLATING REGULATIONS 4(1)(B), (C), 30(1) AND 51(1) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 IN MATTER OF RELIGARE ENTERPRISES LTD.
|
DIRECTED NOT TO DIVERT ANY FUNDS EXCEPT TO MEET EXPENSES OF DAY-TO-DAY BUSINESS OPERATIONS WITHOUT PRIOR PERMISSION OF SEBI
14-MAR-2019
|
SEBI VIDE ITS ORDER DATED 11/09/2019 DIRECTED NOT TO DISPOSED OFF OR ALIENATE ANY OF THEIR ASSETS OR DIVERT ANY FUNDS, EXCEPT TO MEET EXPENSES OF DAY-TO-DAY BUSINESS OPERATIONS WITHOUT PRIOR PERMISSION OF SEBI TILL COMPLETION OF INVESTIGATION AND FURTHER ORDERS
SEBI VIDE ITS ORDER DATED 12/11/2020 REVOKED ITS DIRECTIONS ISSUED VIDE INTERIM ORDER DATED 14/03/2019 READ WITH CORRIGENDUM ORDER DATED 18/04/2019
|
| 486 |
|
|
TRIVENI ENTERPRISES LTD.
(PAN:AAACT3669F)
|
|
|
DIVERTED AND MISUTILISED PREFERENTIAL ISSUE PROCEEDS VIOLATING SECTIONS 12(A) TO 12(C) OF SEBI ACT. 1992 READ WITH REGULATIONS 3(A) TO 3(D), 4(1), 4(2)(F) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003
DID NOT EXPLAIN VARIATION IN PROPOSED AND ACTUAL UTILIZATION OF FUNDS IN THE DIRECTORS’S REPORT IN ANNUAL REPORT FOR FY 2013-14 AND 2014-15 VIOLATING CLAUSE 43 OF ERSTWHILE LISTING AGREEMENT (WHICH NOW REGULATION 32) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 21 OF SCRA, 1956
|
IMPOSED PENALTY RS.3,40,16,822
29-AUG-2022
|
SAT: SAT VIDE ITS ORDER DATED 13/12/2022 DIRECTED TO CARRY OUT NECESSARY AMENDMENT IN MEMO OF APPEAL WITHIN A WEEK AND/OR FILE AMENDED MEMO OF APPEAL
SAT: SAT VIDE ITS ORDER DATED 05/01/2023 CONDONED THE DELAY IN FILING OF APPEAL. EFFECT AND OPERATION OF THE IMPUGNED ORDER AGAINST THE APPELLANT TO REMAIN STAYED DURING PENDENCY OF THE APPEAL. RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 01/03/2023 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 18/04/2023 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 14/06/2023 ALLOWED APPELLANT FURTHER THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 17/07/2023 REJOINDER TO BE FILED WITHIN A WEEK FROM DATE OF THIS ORDER
|
| 487 |
|
|
TTL ENTERPRISES LTD.
(PAN:AAACT8908K)
|
|
|
DID NOT EXECUTE TRIPARTITE AGREEMENT BETWEEN ERSTWHILE REGISTRAR AND SHARE TRANSFER AGENT ACCURATE SECURITIES & REGISTRY PVT.LTD. VIOLATING REGULATION 7(4) OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.2,00,000
31-DEC-2021
|
SAT: SAT VIDE ITS ORDER DATED 15/02/2022 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 16/06/2022 ALLOWED THE APPEAL AND QUASHED IMPUGNED ORDER DATED 31/12/2021. DIRECTED APPELLANT TO ENTER INTO AGREEMENT WITH STA AS PER THE PRESCRIBED FORMAT PROVIDED IN LETTER OF SEBI DATED 28/11/2016 WITHIN SIX WEEKS FROM DATE OF THIS ORDER
|
| 488 |
|
|
TV 18 EMPLOYEES WELFARE TRUST
(PAN:AAAAT7678Q)
|
|
|
ALLEGED DELAY IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND/OR STOCK EXCHANGES AS REQUIRED UNDER REGULATIONS 7(1) AND 7(1A) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF NETWORK 18 MEDIA & INVESTMENT LTD.
ALLEGED DELAY IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND/OR STOCK EXCHANGES AS REQUIRED UNDER REGULATIONS 13(1), 13(3) AND 13(4) OF SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 1992 IN MATTER OF NETWORK 18 MEDIA & INVESTMENT LTD.
ALLEGED DELAY IN COMPLIANCE OF CLAUSE 35 OF LISTING AGREEMENT READ WITH REGULATIONS 31(1) AND 103(1) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 IN MATTER OF NETWORK 18 MEDIA & INVESTMENT LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.31,60,374 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
30-AUG-2018
|
|
| 489 |
|
|
TV VISION LTD.
(CIN:L64200MH2007PLC172707
PAN:AACCT7276Q)
|
|
|
DID NOT MAKE DISCLOSURE OF PRICE SENSITIVE INFORMATION TO STOCK EXCHANGES FOR DELAYING THE DISCLOSURE OF INFORMATION OF DOWNGRADING OF RATING VIOLATING REGULATION 30(6) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF TV VISION LTD.
DID NOT PROVIDE EXPLANATION TO STOCK EXCHANGE FOR DELAY IN MAKING DISCLOSURE OF INFORMATION OF DOWNGRADING OF RATING VIOLATING CLAUSES 1 AND 4 OF SCHEDULE A READ WITH REGULATION 8(1) OF SEBI (PIT) REGULATIONS, 2015 IN MATTER OF TV VISION LTD.
|
IMPOSED PENALTY RS.6,00,000
31-MAR-2023
|
|
| 490 |
|
|
U.P.POWER CORP.LTD.
(PAN:AAACU5088M)
|
|
|
DELAY IN SUBMISSION OF STATEMENT OF INVESTOR'S COMPLAINTS TO STOCK EXCHANGES VIOLATING REGULATIONS 13(3) AND 13(4) OF SEBI (LODR) REGULATIONS, 2015
DID NOT SUBMIT STATEMENT OF INVESTOR'S COMPLAINTS TO STOCK EXCHANGES VIOLATING REGULATIONS 13(3) AND 13(4) OF SEBI (LODR) REGULATIONS, 2015
DID NOT INTIMATE IN ADVANCE TO STOCK EXCHANGES REGARDING THE MEETING OF BOARD OF DIRECTORS AT WHICH RECOMMENDATION OR DECLARATION OF ISSUE OF NCDS OR MATTER AFFECTING THE RIGHTS OR INTEREST OF HOLDERS VIOLATING REGULATION 50(3) OF SEBI (LODR) REGULATIONS, 2015
DID NOT PREPARE HALF YEARLY FINANCIAL RESULTS TO STOCK EXCHANGES VIOLATING REGULATIONS 52(1), (2), (4), (5) AND (8) OF SEBI (LODR) REGULATIONS, 2015
DID NOT MAKE DISCLOSURE OF SECURITY CREATED AND MAINTAINED WITH RESPECT TO ITS LISTED NCDS TO STOCK EXCHANGES VIOLATING REGULATION 54(2) OF SEBI (LODR) REGULATIONS, 2015
ANNUAL REPORT OF THE COMPANY DID NOT CONTAIN THE DETAILS OF DEBENTURE TRUSTEE VIOLATING REGULATION 53 OF SEBI (LODR) REGULATIONS, 2015
DID NOT PROVIDE UNDERTAKING BY DEBENTURE TRUSTEE TO STOCK EXCHANGES VIOLATING REGULATION 57(2) OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.2,00,000
04-DEC-2020
|
|
| 491 |
|
|
UNISHIRE URBANSCAPE PVT.LTD.
(PAN:AABCU2652A)
|
|
|
DELAY IN SUBMISSION OF HALF YEARLY FINANCIAL RESULTS TO STOCK EXCHANGES VIOLATING REGULATIONS 52(1), 52(4) AND 52(5) OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.1,00,000
28-JAN-2021
|
SEBI VIDE ITS NOTICE DATED 01/09/2021 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL AND/OR MUTUAL FUNDS TO 1. ATTACH ALL THE ACCOUNTS (INCLUDING MUTUAL FUNDS) BY WHATEVER NAME CALLED INCLUDING LOCKERS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED
SEBI VIDE ITS ORDER DATED 28/09/2021 DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS INCLUDING LOCKERS,DEMAT ACCOUNTS AND MUTUAL FUND FOLIOS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 01/09/2021
|
| 492 |
|
|
UNITECH LTD.
(CIN:L74899DL1971PLC009720
PAN:AAACU1482H)
|
|
|
DID NOT PROVIDE COMPLAINANT A COPY OF STATEMENT ON IMPACT OF AUDIT QUALIFICATIONS OF COMPANY FOR FY 2015-16 VIOLATING REGULATION 13(1) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015
DID NOT SUBMIT STATEMENT ON IMPACT OF AUDIT QUALIFICATIONS OF COMPANY FOR FY 2015-16 VIOLATING REGULATIONS 33(3(D)) READ WITH 34(2) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015
DID NOT FURNISH INFORMATION TO SEBI BY NOT FILING ATR UNDER SCORES WITHIN 30 DAYS OF DATE OF RECEIPT OF INVESTOR GRIEVANCE VIOLATING CLAUSE 13 OF SEBI CIRCULAR NO. CIR/OIAE/1/2014 DATED 18/12/2014
|
IMPOSED PENALTY RS.6,00,000
28-MAR-2019
|
|
| 493 |
|
|
UNIVERSAL CREDIT & SECURITIES LTD.
(PAN:AAACU2627G)
|
|
|
MISUSED NAMES OF CHARTERED ACCOUNTANTS AS STATUTORY AUDITORS IN FINANCIAL STATEMENTS AND FILED FRAUDULENT AUDIT REPORTS AND DID NOT SUBMIT TRUE AND FAIR AUDITED FINANCIAL STATEMENTS TO STOCK EXCHANGES VIOLATING SECTION 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(D), 4(2)(F) AND 4(2)(K) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ACIL COTTON INDUSTRIES LTD., UNIVERSAL CREDIT & SECURITIES LTD., MINDVISION CAPITAL LTD. AND RFL INTERNATIONAL LTD.
MISUSED NAMES OF CHARTERED ACCOUNTANTS AS STATUTORY AUDITORS IN FINANCIAL STATEMENTS AND FILED FRAUDULENT AUDIT REPORTS AND DID NOT SUBMIT TRUE AND FAIR AUDITED FINANCIAL STATEMENTS TO STOCK EXCHANGES VIOLATING REGULATION 4(1)(B), (C), (G), (J), 33(1)(D), 33(3)(D), (E), 34(2)(A) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ACIL COTTON INDUSTRIES LTD., UNIVERSAL CREDIT & SECURITIES LTD., MINDVISION CAPITAL LTD. AND RFL INTERNATIONAL LTD.
MISUSED NAMES OF CHARTERED ACCOUNTANTS AS STATUTORY AUDITORS IN FINANCIAL STATEMENTS AND FILED FRAUDULENT AUDIT REPORTS AND DID NOT SUBMIT TRUE AND FAIR AUDITED FINANCIAL STATEMENTS TO STOCK EXCHANGES VIOLATING CLAUSE 41(I)(D)(IV), AND (V) OF LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956 IN MATTER OF ACIL COTTON INDUSTRIES LTD., UNIVERSAL CREDIT & SECURITIES LTD., MINDVISION CAPITAL LTD. AND RFL INTERNATIONAL LTD.
|
IMPOSED PENALTY RS.11,00,000
21-OCT-2022
|
SEBI VIDE ITS NOTICE DATED 26/10/2023 DIRECTED TO PAY RS.12,44,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 11/12/2023 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
|
| 494 |
|
|
UPL LTD.
(PAN:AABCS1698G)
|
|
|
ALLEGED FAILURE IN ENSURING MODIFICATION THE TERMS OF APPOINTMENT OF AUDITOR (KPMG MAURITIUS) OF ITS MATERIAL SUBSIDIARY, UPL MAURITIUS
ALLEGED FAILURE IN OBTAINING LIMITED REVIEW OF ITS MATERIAL SUBSIDIARY, UPL MAURITIUS UPON RESIGNATION OF ITS AUDITOR, KPMG MAURITIUS
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.19,50,000 VIDE CONSENT ORDER)
06-MAY-2022
|
|
| 495 |
|
|
URJA GLOBAL LTD.
(PAN:AAACC0367M)
|
|
|
|
ADITYA VENKETESH
PAN:AGHPV8923A
|
|
|
DHEERAJ SISODIA
PAN:BCTPS9910B
|
|
|
HONEY GUPTA
PAN:ALLPG7605D
|
|
|
MITA SINHA
PAN:AGOPS8899K
|
|
|
MOHAN JAGDISH AGARWAL
PAN:AGMPA0728K
|
|
|
PAYAL SHARMA
PAN:ANUPS3895G
|
|
|
RAJIV GUPTA
PAN:AEQPG3549A
|
|
|
SUNIL KUMAR MITTAL
PAN:AXSPM4529P
|
|
|
YOGESH KUMAR GOYAL
PAN:ASXPG1218M
|
|
MADE INCOMPLETE DISCLOSURE WITH RESPECT TO ENTERING INTO MOU/JOINT VENTURE AGREEMENTS WITH OTHER ENTITIES AND LACKED NECESSARY DETAILS VIOLATING REGULATION 30(2) OF SEBI (LODR) REGULATIONS, 2015 READ WITH SEBI CIRCULAR DATED 09/09/2015
DID NOT ADHERE TO OBJECT CLAUSE WHILE ENTERING IMPUGNED AGREEMENTS VIOLATING REGULATION 4(1)(G) OF SEBI (LODR) REGULATIONS, 2015
DID NOT ADHERE TO DIRECTIONS OF SEBI ORDER DATED 13/05/2022 VIOLATING REGULATION 5 OF SEBI (LODR) REGULATIONS, 2015
DID NOT GIVE MATERIAL UPDATES TO MEMORANDUM OF UNDERSTANDING (MOUS) AND STOCK EXCHANGES TILL THEIR CONCLUSION VIOLATING REGULATION 30(7) READ WITH SCHEDULE V PARA 2 OF SEBI (LODR) REGULATIONS, 2015
DID NOT MAKE DISCLOSURE OF INFORMATION IN ANNUAL REPORT VIOLATION REGULATION 34 READ WITH SCHEDULE V PARA 2 OF SEBI (LODR) REGULATIONS, 2015
DID NOT MAKE DISCLOSURE OF COMPLETE AND ACCURATE INFORMATION TO SHAREHOLDERS VIOLATION REGULATION 34(3) READ WITH SCHEDULE V OF SEBI (LODR) REGULATIONS, 2015
DISSEMINATED FALSE AND MISLEADING INFORMATION IN ANNOUNCEMENT VIOLATING REGULATIONS 4(1)(C), 4(1)(D), 4(1)(E), 4(1)(G), 4(1)(H), 4(1)(I) AND 4(1)(J) OF SEBI (LODR) REGULATIONS, 2015
DID NOT PLACE MINIMUM INFORMATION BEFORE BOARD OF DIRECTORS VIOLATING REGULATION 17(7) READ WITH SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF URJA GLOBAL LTD.
DISCLOSED FALSE INFORMATION VIOLATING REGULATIONS 3(D), 4(1), 4(2)(K) AND 4(2)(R) READ WITH REGULATIONS 2(1)(B) AND 2(1)(C) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF URJA GLOBAL LTD.
|
IMPOSED PENALTY RS.40,00,000
29-JAN-2025
|
SAT: SAT VIDE ITS ORDER DATED 05/05/2025 GRANTED RESPONDENT SIX WEEKS TO FILE REPLY AND REJOINDER, IF ANY, BE FILED WITHIN TWO WEEKS THEREAFTER. STAYED RECOVERY SUBJECT TO DEPOSIT OF 50% OF PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
|
| 496 |
|
|
URJA GLOBAL LTD.
(PAN:AAACC0367M)
|
|
|
|
AVINASH KUMAR AGARWAL
PAN:ALQPA4274P
|
|
|
PRIYA BHALLA
PAN:AGPPB9884L
|
|
|
SUNIL KUMAR MITTAL
PAN:AXSPM4529P
|
|
|
YOGESH KUMAR GOYAL
PAN:ASXPG1218M
|
|
DID NOT PUBLISH THE DETAILS PERTAINING TO THE CORPORATE ANNOUNCEMENTS RELATED TO PURPORTED MOU WITH NIPPON SHINYAKU ON ITS WEBSITE VIOLATING REGULATION 30(8) OF SEBI (LODR) REGULATIONS, 2015
DID NOT PROVIDE SPECIFIC AND ADEQUATE REPLY TO THE QUERIES RAISED BY BSE VIOLATING REGULATION 30(10) OF SEBI (LODR) REGULATIONS, 2015
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 13-MAY-2022 TO 12-MAY-2024
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 13-MAY-2022 TO 12-MAY-2024
PROHIBITED FROM RAISING MONEY FROM PUBLIC FROM 13-MAY-2022 TO 12-MAY-2024
13-MAY-2022
|
SAT: SAT VIDE ITS ORDER DATED 04/01/2023 DISMISSED THE APPEAL
|
| 497 |
|
|
UTKARSH SMALL FINANCE BANK LTD.
(PAN:AABCU9355J)
|
|
|
ALLEGED VIOLATION OF REGULATIONS 7(1), 7(3), 13(3), 13(4), 50(1) TO 50(3), 51(1), 51(2), 52(1) TO 52(3), 52(5), 53, 57(1), 57(2) AND 60(2) OF SEBI (LODR) REGULATIONS, 2015
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,24,23,600 VIDE CONSENT ORDER)
10-APR-2024
|
|
| 498 |
|
|
V.B.INDUSTRIES LTD.
(CIN:L51909WB1982PLC035222
PAN:AAACV9152B)
|
|
|
|
JAGANNATH PANDIT
PAN:BEBPP5358E
|
|
|
RAJ KUMAR SHARMA
PAN:BMIPS9482B
|
|
|
SANDIP RAY
PAN:ANQPR2065K
|
|
|
VIKASH KOTHARI
PAN:AQWPK3687R
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF VBIL AND SUBSIDIARIES VIOLATING SECTIONS 12A (A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1) AND 4(2)(F) & (R) OF SEBI (PFUTP) REGULATIONS, 2003
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF VBIL AND SUBSIDIARIES VIOLATING REGULATIONS 30(4)(II), 33(1)(D), 33(2)(A), 33(3)(A), 34(2)(C) AND 46(2)(I) OF SEBI (LODR) REGULATIONS, 2015 AND SECTION 21 OF SCRA, 1956
DID NOT FURNISH INFORMATION SOUGHT BY FORENSIC AUDITOR
|
IMPOSED PENALTY RS.40,00,000
08-JUL-2021
|
SAT: SAT VIDE ITS ORDER DATED 13/01/2022 CONDONED OF DELAY IN FILING OF APPEAL AND DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 21/03/2022 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 27/04/2022 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 29/07/2022 CONDONED THE DELAY IN FILING OF APPEAL AND PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY TO 25% IMPOSED BY WTM
SAT: SAT VIDE ITS ORDER DATED 04/11/2022 CONDONED THE DELAY IN FILING OF REVIEW APPLICATION. DISMISSED REVIEW APPLICATION
SEBI VIDE ITS ORDER DATED 22/11/2022 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.4342 OF 2021 DATED 07/12/2021
|
| 499 |
|
|
V.B.INDUSTRIES LTD.
(CIN:L51909WB1982PLC035222
PAN:AAACV9152B)
|
|
|
|
JAGANNATH PANDIT
PAN:BEBPP5358E
|
|
|
VIKASH KOTHARI
PAN:AQWPK3687R
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF VBIL AND SUBSIDIARIES VIOLATING SECTIONS 12A (A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1) AND 4(2)(F) & (R) OF SEBI (PFUTP) REGULATIONS, 2003
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF VBIL AND SUBSIDIARIES VIOLATING REGULATIONS 30(4)(II), 33(1)(D), 33(2)(A), 33(3)(A), 34(2)(C) AND 46(2)(I) OF SEBI (LODR) REGULATIONS, 2015 AND SECTION 21 OF SCRA, 1956
DID NOT FURNISH INFORMATION SOUGHT BY FORENSIC AUDITOR
|
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 08-JUL-2021 TO 07-JUL-2022
08-JUL-2021
|
SAT: SAT VIDE ITS ORDER DATED 13/01/2022 CONDONED OF DELAY IN FILING OF APPEAL AND DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 21/03/2022 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 27/04/2022 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 29/07/2022 CONDONED THE DELAY IN FILING OF APPEAL AND PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY TO 25% IMPOSED BY WTM
SAT: SAT VIDE ITS ORDER DATED 04/11/2022 CONDONED THE DELAY IN FILING OF REVIEW APPLICATION. DISMISSED REVIEW APPLICATION
|
| 500 |
|
|
V.B.INDUSTRIES LTD.
(CIN:L51909WB1982PLC035222
PAN:AAACV9152B)
|
|
|
|
RAJ KUMAR SHARMA
PAN:BMIPS9482B
|
|
|
SANDIP RAY
PAN:ANQPR2065K
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF VBIL AND SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(II)(6), (7), 4(2)(F)(III)(3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF V.B.INDUSTRIES 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 08-JUL-2021 TO 07-JAN-2022
08-JUL-2021
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
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| Page 25 of 27
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