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.

COMPANIES: PROHIBITED FROM CONTINUING WITH THE PRESENT ASSIGNMENT AS DEBENTURE TRUSTEE

S.No.

ENTITY

PERSONS

REGULATORY CHARGES

REGULATORY ACTION(S) / DATE OF ORDER

FURTHER DEVELOPMENTS

KERALA HOUSING FINANCE LTD.

(CIN:U65992KL1992PLC006417
PAN:AACCK2183P)

(Along with : BITTU ABRAHAM & ASSOCIATES)

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B.AJITHKUMAR

B.MANMADHAN

JOSE PHILIP

K.JAYAPRASAD

K.RADHAKRISHNAN

KOMALA UNNIKRISHNAN

DIN:03163184
PAN:AATPU6479N

N.KRISHNAN NAIR

DIN:02566976
PAN:BQYPK5654D

P.PARAMESHWARAN

DIN:03315007
PAN:AANPP0136H

R.SUKUMARAN

S.SURESHKUMAR

SHAJAN P.G.

SURESHKUMAR GANGADHARAN PILLAI

DIN:03550007
PAN:AVXPG2603H

UNNIKRISHNAN NAIR GOVINDA PILLAI

DIN:01402695
PAN:AKHPP5583E

V.AYYAPPAN NAIR

ACTED AS DEBENTURE TRUSTEE WITHOUT SEBI REGISTRATION

PROHIBITED FROM CONTINUING WITH THE PRESENT ASSIGNMENT AS DEBENTURE TRUSTEE FROM 10-AUG-2017 TO 09-AUG-2018

PROHIBITED FROM TAKING UP ANY NEW ASSIGNMENT AS DEBENTURE TRUSTEE OR INVOLVEMENT IN ANY NEW ISSUE OF CAPITAL INCLUDING IPO, FOLLOW-ON ISSUE FROM 10-AUG-2017 TO 09-AUG-2018

20-NOV-2015

SEBI VIDE ITS ORDER DATED 10/08/2017 DIRECTED TO A) JOINTLY AND SEVERALLY, REFUND THE MONEY COLLECTED THROUGH THE OFFER AND ALLOTMENT OF EQUITY SHARES, DEBENTURES AND PREFERENCE SHARES WITH INTEREST @ 15% P.A. FROM THE DATE WHEN REPAYMENTS BECAME DUE TO INVESTORS TILL DATE OF ACTUAL PAYMENT WITHIN A PERIOD OF 180 DAYS FROM DATE OF RECEIPT OF THIS ORDER THROUGH BANKING CHANNELS SUCH AS DEMAND DRAFT OR ELECTRONIC MODE OF TRANSFER AND TRAIL OF SUCH REFUNDS SHALL BE MAINTAINED BY THE NOTICEES FOR VERIFICATION B) REFUND AS DIRECTED SHALL FIRST BE CARRIED OUT IN FAVOUR OF THE DEBENTURE HOLDERS, NEXT IN FAVOUR OF THE PEFERENCE SHARE HOLDERS AND LASTLY IN FAVOUR OF THE EQUITY SHAREHOLDERS C) WITHIN SEVEN DAYS OF COMPLETION OF REFUND, FILE CERTIFICATE OF SUCH COMPLETION WITH SEBI FROM TWO INDEPENDENT PEER REVIEWED CHARTERED ACCOUNTANTS D) RESTRAINED FROM ACCESSING SECURITIES MARKET, PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES IN ANY MANNER WHATSOEVER, DIRECTLY OR INDIRECTLY AND RESTRAINED FROM ASSOCIATING THEMSELVES WITH ANY LISTED PUBLIC COMPANY AND ANY PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC FOR A PERIOD OF ONE YEAR FROM DATE OF TILL REPAYMENT OF REFUNDS TO INVESTORS

SEBI VIDE ITS NOTICE DATED 26/06/2019 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED

SEBI VIDE ITS NOTICE DATED 26/06/2019 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED

SEBI VIDE ITS NOTICE DATED 26/07/2019 DIRECTED ALL THE BANK AND MUTUAL FUND IN INDIA 1) TO REMIT THE AMOUNT AS AVAILABLE IN BANK ACCOUNTS OF THE DEFAULTERS HELD WITH BANK AND 2) REDEEM UNITS OF MUTUAL FUNDS HELD IN NAME OF THE DEFAULTERS AND REMIT THE AMOUNT

SEBI VIDE ITS ORDER DATED 02/08/2019 A) PROHIBITED FROM DISPOSING, TRANSFERRING, ALIENATING OR CHARGING IN RESPECT OF ALL IMMOVABLE AND MOVABLE PROPERTIES LISTED IN THE ORDER B) PROHIBITED FROM TAKING ANY BENEFIT UNDER SUCH DISPOSAL, TRANSFER, ALIENATION OR CHARGE IN RESPECT OF PROPERTIES LISTED IN ORDER C) DIRECTED TO FURNISH COMPLETE DETAILS OF ALL MOVABLE AND IMMOVABLE PROPERTIES HELD BY DEFAULTERS AND CHARGES, IF ANY, DULY CERTIFIED BY BOARD OF DIRECTORS ALONG WITH ORIGINAL TITLE DEEDS WITHIN TWO WEEKS FROM DATE OF THIS ORDER AT SEBI, SOUTHERN REGIONAL OFFICE, CHENNAI D) DIRECTED INSPECTORS GENERAL OF REGISTRATION OF ALL THE STATES AND UNION TERRITORIES AND CONCERNED TEHSILDARS, DISTRICT REGISTRARS AND SUB-REGISTRARS IN THE STATE OF KERALA I) TO INFORM DETAILS OF IMMOVABLE PROPERTIES OWNED BY DEFAULTERS II) NOT TO ACT UPON ANY DOCUMENTS PURPORTING TO BE DEALING WITH TRANSFER, MORTGAGE, CHARGE, LEASE OR CREATION OR ALTERATION OF ANY INTEREST IN ANY OF THE PROPERTIES OWNED / HELD BY DEFAULTERS, IF PRESENTED FOR REGISTRATION

SEBI VIDE ITS ORDER DATED 24/12/2019 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 26/06/2019

SEBI VIDE ITS ORDER DATED 27/04/2021 A) PROHIBITED FROM DISPOSING, TRANSFERRING, ALIENATING OR CHARGING IN RESPECT OF ALL IMMOVABLE PROPERTIES LISTED IN THE ORDER B) PROHIBITED FROM TAKING ANY BENEFIT UNDER SUCH DISPOSAL, TRANSFER, ALIENATION OR CHARGE IN RESPECT OF PROPERTIES LISTED IN ORDER C) DIRECTED TO PROVIDE CERTIFIED COPY OF THE DOCUMENT EVIDENCE OWNERSHIP OF 64.25 CENTS OF LAND UNDER DOCUMENT NO.873/2003 IN SURVEY NOS.544/13, 544/15/3C, 544/12E AND 544/12C/2 WHICH STOOD REGISTERED IN NAME OF KERALA HSPITALITY LTD. D) DIRECTED INSPECTORS GENERAL OF REGISTRATION OF THE STATE OF KERALA AND CONCERNED TEHSILDARS, DISTRICT REGISTRARS AND SUB-REGISTRARS OF THE RESPECTIVE AREAS WHERE THE PROPERTIES ARE LOCATED NOT TO ACT UPON ANY DOCUMENTS PURPORTING TO BE DEALING WITH TRANSFER, MORTGAGE, CHARGE, LEASE OR CREATION OR ALTERATION OF ANY INTEREST IN ANY OF THE PROPERTIES OWNED / HELD BY THE DEFAULTER, IF PRESENTED FOR REGISTRATION

LIFE CARE DEBENTURE TRUST

PAROMITA MONDAL

ACTED AS DEBENTURE TRUSTEE WITHOUT SEBI REGISTRATION

PROHIBITED FROM CONTINUING WITH THE PRESENT ASSIGNMENT AS DEBENTURE TRUSTEE FROM 08-FEB-2018 TO 07-FEB-2022

PROHIBITED FROM TAKING UP ANY NEW ASSIGNMENT AS DEBENTURE TRUSTEE OR INVOLVEMENT IN ANY NEW ISSUE OF CAPITAL INCLUDING IPO, FOLLOW-ON ISSUE FROM 08-FEB-2018 TO 07-FEB-2022

29-JUN-2015

SEBI VIDE ITS ORDER DATED 08/02/2018 RESTRAINED FROM ACCESSING THE SECURITIES MARKET AND ARE FURTHER RESTRAINED FROM BUYING, SELLING OR DEALING IN SECURITIES, IN ANY MANNER WHATSOEVER FOR A PERIOD OF FOUR YEARS FROM THE DATE OF THIS ORDER

MANGALAM INSTITUTE OF DEVELOPMENT & RESEARCH

CHANDANI MOHTA

MADHUSUDHAN CHATTERJEE

ACTED AS DEBENTURE TRUSTEE WITHOUT SEBI REGISTRATION

PROHIBITED FROM CONTINUING WITH THE PRESENT ASSIGNMENT AS DEBENTURE TRUSTEE FROM 06-APR-2015 TO 05-APR-2019

PROHIBITED FROM TAKING UP ANY NEW ASSIGNMENT AS DEBENTURE TRUSTEE OR INVOLVEMENT IN ANY NEW ISSUE OF CAPITAL INCLUDING IPO, FOLLOW-ON ISSUE FROM 06-APR-2015 TO 05-APR-2019

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 06-APR-2015 TO 05-APR-2019

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 06-APR-2015 TO 05-APR-2019

30-MAY-2014

SEBI VIDE ITS ORDER DATED 06/04/2015 DIRECTED NOT TO OFFER THEMSELVES TO BE ENGAGED AS DEBENTURE TRUSTEE OR IN ANY CAPACITY AS AN INTERMEDIARY IN SECURITIES MARKET, WITHOUT OBTAINING A CERTIFICATE OF REGISTRATION TO UNDERTAKE ASSIGNMENT AS REQUIRED UNDER LAW. FURTHER RESTRAINED FROM ACCESSING SECURITIES MARKET AND FROM BUYING, SELLING OR DEALING IN SECURITIES, IN ANY MANNER WHATSOEVER, FOR A PERIOD OF 4 YEARS

MASS DEBENTURE TRUST

BHABANI SHANKAR BISWAL

ACTED AS DEBENTURE TRUSTEE WITHOUT SEBI REGISTRATION

PROHIBITED FROM CONTINUING WITH THE PRESENT ASSIGNMENT AS DEBENTURE TRUSTEE FROM 25-APR-2016 TO 24-APR-2020

PROHIBITED FROM TAKING UP ANY NEW ASSIGNMENT AS DEBENTURE TRUSTEE OR INVOLVEMENT IN ANY NEW ISSUE OF CAPITAL INCLUDING IPO, FOLLOW-ON ISSUE FROM 25-APR-2016 TO 24-APR-2020

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 25-APR-2016 TO 24-APR-2020

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 25-APR-2016 TO 24-APR-2020

04-DEC-2014

SEBI VIDE ITS ORDER DATED 25/04/2016 DIRECTED NOT TO OFFER THEMSELVES TO BE ENGAGED AS DEBENTURE TRUSTEES OR IN ANY CAPACITY AS AN INTERMEDIARY IN SECURITIES MARKET, WITHOUT OBTAINING A CERTIFICATE OF REGISTRATION TO UNDERTAKE THAT ASSIGNMENT AS REQUIRED UNDER LAW. FURTHER, RESTRAINED FROM ACCESSING SECURITIES MARKET AND ARE FURTHER RESTRAINED FROM BUYING, SELLING OR DEALING IN SECURITIES, IN ANY MANNER WHATSOEVER, FOR A PERIOD OF 4 YEARS

MATRIBHUMI DEBENTURE TRUST

AMITAVA GHOSH

PREM KUMAR SINGH

ACTED AS DEBENTURE TRUSTEE WITHOUT SEBI REGISTRATION

PROHIBITED FROM CONTINUING WITH THE PRESENT ASSIGNMENT AS DEBENTURE TRUSTEE FROM 23-JUN-2015 TO 22-JUN-2019

PROHIBITED FROM TAKING UP ANY NEW ASSIGNMENT AS DEBENTURE TRUSTEE OR INVOLVEMENT IN ANY NEW ISSUE OF CAPITAL INCLUDING IPO, FOLLOW-ON ISSUE FROM 23-JUN-2015 TO 22-JUN-2019

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 23-JUN-2015 TO 22-JUN-2019

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 23-JUN-2015 TO 22-JUN-2019

23-JUN-2015

SEBI VIDE ITS ORDER DATED 03/10/2016 PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES MARKET, DIRECTLY OR INDIRECTLY, IN WHATSOEVER MANNER FOR A PERIOD OF FOUR YEARS

MEGA MOULD DEBENTURE TRUST

ENGAGED IN FUND MOBILISING ACTIVITY FROM PUBLIC THROUGH ISSUANCE OF NON CONVERTIBLE DEBENTURES (NCDS) BY WAY OF PRIVATE PLACEMENT VIOLATING SECTIONS 56, 60 READ WITH 2(36), 73, 117B, 117C READ WITH SECTION 465 OF COMPANIES ACT, 2013 AND DEBT SECURITIES REGULATIONS

PROHIBITED FROM CONTINUING WITH THE PRESENT ASSIGNMENT AS DEBENTURE TRUSTEE FROM 05-MAR-2015 TO 04-MAR-2019

PROHIBITED FROM TAKING UP ANY NEW ASSIGNMENT AS DEBENTURE TRUSTEE OR INVOLVEMENT IN ANY NEW ISSUE OF CAPITAL INCLUDING IPO, FOLLOW-ON ISSUE FROM 05-MAR-2015 TO 04-MAR-2019

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 05-MAR-2015 TO 04-MAR-2019

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 05-MAR-2015 TO 04-MAR-2019

23-JUL-2014

SEBI VIDE ITS ORDER DATED 05/03/2015 DIRECTED NOT TO OFFER THEMSELVES TO BE ENGAGED AS DEBENTURE TRUSTEE OR IN ANY CAPACITY AS AN INTERMEDIARY IN SECURITIES MARKET, WITHOUT OBTAINING A CERTIFICATE OF REGISTRATION TO UNDERTAKE ASSIGNMENT AS REQUIRED UNDER LAW. FURTHER RESTRAINED FROM ACCESSING SECURITIES MARKET AND FROM BUYING, SELLING OR DEALING IN SECURITIES, IN ANY MANNER WHATSOEVER, FOR A PERIOD OF 4 YEARS

MEGASYS HEALTHCARE DEBENTURE TRUST

DINESH CHANDRA GHOSH

ACTED AS DEBENTURE TRUSTEE WITHOUT SEBI REGISTRATION

PROHIBITED FROM CONTINUING WITH THE PRESENT ASSIGNMENT AS DEBENTURE TRUSTEE FROM 02-JUL-2015 TO 01-JUL-2019

PROHIBITED FROM TAKING UP ANY NEW ASSIGNMENT AS DEBENTURE TRUSTEE OR INVOLVEMENT IN ANY NEW ISSUE OF CAPITAL INCLUDING IPO, FOLLOW-ON ISSUE FROM 02-JUL-2015 TO 01-JUL-2019

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 02-JUL-2015 TO 01-JUL-2019

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 02-JUL-2015 TO 01-JUL-2019

02-JUL-2015

SEBI VIDE ITS ORDER DATED 01/11/2016 PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES MARKET, DIRECTLY OR INDIRECTLY, IN WHATSOEVER MANNER FOR A PERIOD OF FOUR YEARS

MOUNT VISION DEBENTURE TRUST

MANOJ KUMAR

ACTED AS DEBENTURE TRUSTEE WITHOUT SEBI REGISTRATION

PROHIBITED FROM CONTINUING WITH THE PRESENT ASSIGNMENT AS DEBENTURE TRUSTEE FROM 22-APR-2015 TO 21-APR-2019

PROHIBITED FROM TAKING UP ANY NEW ASSIGNMENT AS DEBENTURE TRUSTEE OR INVOLVEMENT IN ANY NEW ISSUE OF CAPITAL INCLUDING IPO, FOLLOW-ON ISSUE FROM 22-APR-2015 TO 21-APR-2019

DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 22-APR-2015 TO 21-APR-2019

DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 22-APR-2015 TO 21-APR-2019

22-APR-2015

SEBI VIDE ITS ORDER DATED 03/10/2016 PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES MARKET, DIRECTLY OR INDIRECTLY, IN WHATSOEVER MANNER FOR A PERIOD OF FOUR YEARS