SOURCE OF INFORMATION : SECURITIES AND EXCHANGE BOARD OF INDIA WEBSITE � PRESS RELEASES/ CHAIRMAN�S AND MEMBER�S ORDERS / AO ORDERS/ SAT ORDERS/ NEWSPAPER ADS
UPDATED TILL : 02-MAR-2026

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

PERSONS: FAILED TO PAY PENALTY

S.No.

PERSON

ENTITY

REGULATORY CHARGES

REGULATORY ACTION(S) / DATE OF ORDER

FURTHER DEVELOPMENTS

521

RAKESH KUMAR MISHRA

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COSMO CORPORATE SERVICES LTD.

CIN:U65993DL1995PLC072924
PAN:AAACC3529P

FAILED TO PAY PENALTY

PROSECUTION LAUNCHED

31-MAR-2014

522

RAKESH PANDYA

BONANZA BIOTECH LTD.

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

VIOLATED REGULATION 3 OF SEBI (PFUTP) REGULATIONS, 1995

FAILED TO PAY PENALTY

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

PROSECUTION LAUNCHED

15-MAY-2006

CASE DISMISSED BY COURT. IN REVISION FILED BY SEBI, THE CASE AGAINST ACCUSED NO. 1, 2 AND OTHER DIRECTORS OF ACCUSED NO. 1 WERE COMPOUNDED ON PAYMENT OF RS. 7,75,000/- AND CASE AGAINST ACCUSED NO. 3 TO 9 PENDING IN SESSION COURT

CLUBBED WITH CONSENT FOR RS.7,75,000

523

RAKESH SONI

R.C.GUPTA & CO.PVT.LTD.

SANYO FINANCE & INVESTMENT PVT.LTD.

FAILED TO PAY PENALTY

VIOLATED SEBI ACT, 1992

PROSECUTION LAUNCHED

15-MAY-2006

SAT: SAT VIDE ITS ORDER DATED 23/03/2022 CONDONED THE DELAY OF 18 YEARS IN FILING OF APPEAL. DIRECTED RESPONDENT TO FILE APPLICATION FOR CONDONATION OF DELAY AS WELL AS MEMO OF APPEAL WITHIN THREE WEEKS FROM DATE OF THIS ORDER

SAT: SAT VIDE ITS ORDER DATED 18/04/2022 ALLOWED APPELLANT TWO WEEKS TO FILE REJOINDER

THE PRESENT COMPLAINT WAS FILED ON THE BASIS OF NON-COMPLIANCE OF AO ORDER DTD. 28/11/2003 BUT THE HON'BLE SAT, MUMBAI IN APPEAL NO. 127/2022 VIDE ITS ORDER DTD. 21/09/2022 HAS QUASHED AND SET ASIDE THE SAID ADJUDICATION ORDER AND REMANDED BACK TO THE FILES OF AO FOR FRESH CONSIDERATION. THEREFORE, COMPLAINANT HAS SOUGHT PERMISSION FOR WITHDRAWING PRESENT COMPLAINT. IN VIEW OF THE ORDER PASSED BY HON'BLE SAT, APPLICATION IS HEREBY ALLOWED. COMPLAINANT IS PERMITTED TO WITHDRAW THE COMPLAINT

524

RAM AGARWAL

FAILED TO PAY PENALTY