| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 601 |
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
DEEPA SUREKA
PAN:ANTPS8310F
|
|
|
NAND LAL SHARMA
PAN:AXAPS1944E
|
|
|
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.32,64,900 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.32,64,900.00 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
SAT: SAT VIDE ITS ORDER DATED 08/10/2026 REJECTED THE PRAYER FOR STAY OF DEBARMENT AND STAYED RECOVERY SUBJECT TO DEPOSIT OF 50% OF PENALTY AND DISGORGEMENT AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
|
| 602 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
DEEPA SUREKA
PAN:ANTPS8310F
|
|
|
MITHUN SINGH
PAN:BVZPS9152G
|
|
|
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.1,25,00,000 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.1,25,00,000.00 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
SAT: SAT VIDE ITS ORDER DATED 08/10/2026 REJECTED THE PRAYER FOR STAY OF DEBARMENT AND STAYED RECOVERY SUBJECT TO DEPOSIT OF 50% OF PENALTY AND DISGORGEMENT AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
|
| 603 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
DEEPA SUREKA
PAN:ANTPS8310F
|
|
|
MADHU
PAN:EAAPS2972B
|
|
|
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.35,400 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.35,400.00 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
SAT: SAT VIDE ITS ORDER DATED 08/10/2026 REJECTED THE PRAYER FOR STAY OF DEBARMENT AND STAYED RECOVERY SUBJECT TO DEPOSIT OF 50% OF PENALTY AND DISGORGEMENT AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
|
| 604 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
DEEPA SUREKA
PAN:ANTPS8310F
|
|
|
HARIOM RATHORE
PAN:ALQPR2239F
|
|
|
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.19,14,009 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.19,14,009.00 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
SAT: SAT VIDE ITS ORDER DATED 08/10/2026 REJECTED THE PRAYER FOR STAY OF DEBARMENT AND STAYED RECOVERY SUBJECT TO DEPOSIT OF 50% OF PENALTY AND DISGORGEMENT AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
|
| 605 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
AMIT KUMAR
PAN:AJCPK6114G
|
|
|
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.2,90,14,205 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.2,90,14,205.00 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
SAT: SAT VIDE ITS ORDER DATED 08/10/2026 REJECTED THE PRAYER FOR STAY OF DEBARMENT AND STAYED RECOVERY SUBJECT TO DEPOSIT OF 50% OF PENALTY AND DISGORGEMENT AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
|
| 606 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
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.41,19,500 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.41,19,500.00 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
SAT: SAT VIDE ITS ORDER DATED 08/10/2026 REJECTED THE PRAYER FOR STAY OF DEBARMENT AND STAYED RECOVERY SUBJECT TO DEPOSIT OF 50% OF PENALTY AND DISGORGEMENT AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
|
| 607 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
DEEPA SUREKA
PAN:ANTPS8310F
|
|
|
NAVNEET KUMAR SUREKA
PAN:ANWPS5531K
|
|
|
RAKESH GOEL
PAN:AHQPG6997D
|
|
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.23,51,000 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.23,51,000.00 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
SAT: SAT VIDE ITS ORDER DATED 08/10/2026 REJECTED THE PRAYER FOR STAY OF DEBARMENT AND STAYED RECOVERY SUBJECT TO DEPOSIT OF 50% OF PENALTY AND DISGORGEMENT AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
|
| 608 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
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.17,51,000 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.17,51,000.00 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
SAT: SAT VIDE ITS ORDER DATED 08/10/2026 REJECTED THE PRAYER FOR STAY OF DEBARMENT AND STAYED RECOVERY SUBJECT TO DEPOSIT OF 50% OF PENALTY AND DISGORGEMENT AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
|
| 609 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
DEEPA SUREKA
PAN:ANTPS8310F
|
|
|
NAVNEET KUMAR SUREKA
PAN:ANWPS5531K
|
|
|
RAJA RAM
PAN:CCIPR2093C
|
|
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.1,08,63,000 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.1,08,63,000.00 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
SAT: SAT VIDE ITS ORDER DATED 08/10/2026 REJECTED THE PRAYER FOR STAY OF DEBARMENT AND STAYED RECOVERY SUBJECT TO DEPOSIT OF 50% OF PENALTY AND DISGORGEMENT AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
|
| 610 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
DEEPA SUREKA
PAN:ANTPS8310F
|
|
|
NAVNEET KUMAR SUREKA
PAN:ANWPS5531K
|
|
|
SHIV PAL
PAN:AUGPP5794G
|
|
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.66,95,500 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.66,95,500.00 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
SAT: SAT VIDE ITS ORDER DATED 08/10/2026 REJECTED THE PRAYER FOR STAY OF DEBARMENT AND STAYED RECOVERY SUBJECT TO DEPOSIT OF 50% OF PENALTY AND DISGORGEMENT AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
|
| 611 |
|
|
MAURIA UDYOG LTD.
(PAN:AABCM9522F)
(Along with : VEE EM INFOCENTRE PVT.LTD.)
|
|
|
|
DEEPA SUREKA
PAN:ANTPS8310F
|
|
|
NAVNEET KUMAR SUREKA
PAN:ANWPS5531K
|
|
|
SUSHEEL KUMAR ARORA
PAN:AISPA5466E
|
|
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.14,05,800 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.14,05,800.00 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
SAT: SAT VIDE ITS ORDER DATED 08/10/2026 REJECTED THE PRAYER FOR STAY OF DEBARMENT AND STAYED RECOVERY SUBJECT TO DEPOSIT OF 50% OF PENALTY AND DISGORGEMENT AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
|
| 612 |
|
|
MBM FINANCIAL SERVICES
(PAN:ABBFM2497H)
|
|
|
|
CHETAN MEHTA
PAN:AALPM8957B
|
|
|
MEHERNOSH D.BHAGAT
PAN:AAAPB3384B
|
|
INDULGED IN FRONT RUNNING THE TRADES BY SHARING AND MISUSING MATERIAL NON-PUBLIC INFORMATION VIOLATING SECTIONS 12A(A) TO 12A(C) AND 12A(E) OF SEBI ACT, 1992 AND REGULATIONS 3(A) TO 3(D), 4(1) AND 4(2)(Q) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ALPNA ENTERPRISES
|
IMPOSED PENALTY RS.25,00,000
DIRECTED TO DISGORGE RS.48,11,373 ALONG WITH OTHER ENTITIES/PERSONS
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 30-MAY-2025 TO 29-MAY-2027
30-MAY-2025
|
SAT: SAT VIDE ITS ORDER DATED 27/06/2025 ALLOWED RESPONDENT SIX WEEKS TO FILE REPLY AND APPELLANTS TO FILE REJOINDER THREE WEEKS THEREAFTER. STAYED DEBARMENT PERIOD SUBJECT TO DEPOSIT OF 50% OF PENALTY AND DISGORGEMENT AMOUNT WITHIN TWO WEEKS FROM DATE OF THIS ORDER
|
| 613 |
|
|
MEDIAONE GLOBAL ENTERTAINMENT LTD.
(PAN:AAACR0405M)
|
|
|
|
JAYABALAN MURALIMANOHAR
PAN:ATTPM0621R
|
|
|
KURAGAYALA SAI PRASAD
PAN:AAJPS6517M
|
|
|
M.SRINIVAS KUMAR
PAN:AAIPK6962H
|
|
|
SARASWATHY GOPALAN
PAN:APVPS1354P
|
|
|
SURYARAJ KUMAR
PAN:AAFPK9296D
|
|
|
TIMOTHY ALFRED JOSEPH MOSES
PAN:AAXPM5649J
|
|
INDULGED IN DIVERSION OF FUNDS AND MANIPULATION OF FINANCIAL STATEMENTS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATION 3(B) TO 3(D), 4(1), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 AND CLAUSE 41(I)(A) OF ERSTWHILE LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956
INDULGED IN DIVERSION OF FUNDS AND MANIPULATION OF FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1)(A) TO 4(1)(C), 4(1)(E), 4(1)(G), 4(1)(H), 4(1)(J), 33(1)(A), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 READ WITH ERSTWHILE ACCOUNTING STANDARD-1, IND-AS1 & IND-AS-115 AND CLAUSE 41(I)(A) OF ERSTWHILE LISTING AGREEMENT READ WITH SECTION 21 OF SCRA, 1956
DELAY IN SUBMISSION OF INFORMATION IN RESPONSE TO SUMMONS ISSUED IN MATTER OF MEDIAONE GLOBAL ENTERTAINMENT LTD.
NON-COOPERATION WITH SEBI IN INVESTIGATIONS
DID NOT SUBMIT INFORMATION/DOCUMENTS SOUGHT VIDE SUMMON
SUBMITTED WRONG INFORMATION TO SEBI
DID NOT PAY/DECLARED DIVIDEND VIOLATING SECTIONS 205(1A), 205A(1) AND
207 OF THE COMPANIES ACT, 1956 READ WITH SECTIONS 124 AND 465 OF THE COMPANIES ACT, 2013 IN MATTER OF MEDIAONE GLOBAL ENTERTAINMENT LTD.
|
DIRECTED TO TAKE NECESSARY STEPS INCLUDING INITIATION OF APPROPRIATE LEGAL PROCEEDINGS TO RECOVER AMOUNT OF RS.99.48 CRORE DIVERTED FROM COMPANY ALONG WITH INTEREST @ 12% P.A. FROM DATE OF DIVERSION AND TO RESTORE THE SAME TO BOOKS OF COMPANY WITHIN THREE MONTHS DATE OF ORDER
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-FEB-2026 TO 26-FEB-2029
RESTRAINED FROM BEING ASSOCIATED WITH THE SECURITIES MARKET, IN ANY MANNER, INCLUDING AS A DIRECTOR OR KEY MANAGERIAL PERSONNEL IN A LISTING COMPANY OR INTERMEDIARY REGISTERED WITH SEBI OR PUBLIC COMPANY WHICH INTENDS TO RAISE MONEY FROM PUBLIC IN THE SECURITIES MARKET FROM 27-FEB-2026 TO 26-FEB-2029
RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM FROM 27-FEB-2026 TO 26-FEB-2029
IMPOSED PENALTY RS.26,00,000
27-FEB-2026
DIRECTED TO DISGORGE RS.6,48,62,826
05-JUN-2026
|
SEBI VIDE ITS NOTICE DATED 05/06/2026 DIRECTED TO PAY RS.27,31,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS NOTICE DATED 05/06/2026 DIRECTED TO PAY RS.6,48,62,826.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 08/07/2026 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS, MUTUAL FUNDS FOLIOS AND/OR POST OFFICE ACCOUNT 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 14/08/2026 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.27,83,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTG
SEBI VIDE ITS NOTICE DATED 14/08/2026 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.6,60,98,289.36 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTG
SAT: SAT VIDE ITS ORDER DATED 08/09/2026 CONDONED THE DELAY OF 108 DAYS IN FILING OF APPEAL AND GRANTED RESPONDENT SIX WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER. DIRECTED BANKS TO PERMIT DEBIT ONLY FOR THE PURPOSE OF MAKING DEPOSIT OF RS.2 CRORE
|
| 614 |
|
|
MEFCOM AGRO INDUSTRIES LTD.
(CIN:071741
PAN:AAACM2047A)
|
|
|
|
ASHOK MARWAH
PAN:AGAPM9028L
|
|
|
NIHAR RANJAN MISHRA
|
|
|
SATYENDER KUMAR
|
|
MADE FALSE AND MISLEADING PRICE SENSITIVE CORPORATE ANNOUNCEMENTS IN MATTER OF MEFCOM AGRO 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 12-FEB-2020 TO 11-FEB-2022
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
12-FEB-2020
|
|
| 615 |
|
|
MEMORI VINIMAY PVT.LTD.
(PAN:AAECM4771B)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SELF-TRADES IN SCRIP OF SULABH ENGINEERS & SERVICES 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 03-SEP-2020 TO 02-SEP-2021
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
03-SEP-2020
|
|
| 616 |
|
|
MERITORIOUS REALTY PVT.LTD.
(PAN:AAGCM3629L)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF SHANTANU SHEOREY AQUAKULT 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 01-JUN-2021 TO 31-AUG-2021
DIRECTED TO FREEZE EXISTING HOLDING OF SECURITIES, INCLUDING UNITS OF MUTUAL FUNDS
01-JUN-2021
|
|
| 617 |
|
|
MHDS STONE EDGE PVT.LTD.
(PAN:AADCP5478K)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF NIKKI GLOBAL FINANCE 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 26-FEB-2021 TO 25-MAY-2021
26-FEB-2021
|
SAT: SAT VIDE ITS ORDER DATED 19/05/2021 DISPOSED OFF THE URGENCY APPLICATIONS BY DIRECTING RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND APPELLANT TO FILE REJOINDER TWO WEEKS THEREAFTER. FURTHER, APPLICATION REJECTED FOR STAY
SAT: SAT VIDE ITS ORDER DATED 07/02/2022 ALLOWED THE APPEAL AND QUASHED IMPUGNED ORDER DATED 26/02/2021
|
| 618 |
|
|
MICRO INFRATECH PVT.LTD.
(PAN:AAFCM3365A)
|
|
|
AIDED AND ABETTED IN MIS-UTILISATION OF IPO PROCEEDS BY ISSUING FICTITIOUS/INFLATED BILLS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(A) TO 3(D), 4(1), 4(2)(A) AND 4(2)(E) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF DRONEACHARYA AERIAL INNOVATIONS 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 28-NOV-2025 TO 27-NOV-2026
RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM FROM 28-NOV-2025 TO 27-NOV-2026
ALLOWED BANKS TO DEBIT FOR THE PURPOSE OF MAKING PAYMENT OF PENALTY
IMPOSED PENALTY RS.5,00,000
28-NOV-2025
|
SAT: SAT VIDE ITS ORDER DATED 19/12/2025 ALLOWED RESPONDENT FOUR WEEKS TO FILE REPLY AND REJOINDER IF ANY BE FILED WITHIN TWO WEEKS THEREAFTER. STAYED RECOVERY SUBJECT TO DEPOSIT 50% PENALTY AMOUNT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER
|
| 619 |
|
|
MIDEAST INTEGRATED STEELS LTD.
(PAN:AAACM0846P)
|
|
|
|
NATASHA SINHA
PAN:AAUPS3146B
|
|
|
RITA SINGH
PAN:ABKPS4308J
|
|
|
V.N.TIWARI
PAN:ABDPT5946L
|
|
INDULGED IN MISAPPROPRIATION/MISUTILISATION/DIVERSION OF FUNDS TO GROUP ENTITIES
DID NOT MAKE RECOGNITION OF LIABILITIES AMOUNTING TORS.924.75 CRORE
DID NOT MAKE PROVISION FOR IMPAIRMENT OF INVESTMENT AND LOANS
DID NOT MAKE PROVISION FOR RECEIVABLES AMOUNT OF RS.45.95 CRORE
MISREPRESENTED/MISREPORTED WRITING OFF OF DISPUTED LIABILITY OF RS.38.71 CRORE
MADE EXCESS PAYMENTS TO/NON-RECEIPT OF PAYMENTS FROM PROMOTERS GROUP COMPANIES
MISREPRESENTED PROPERTY, PLANT &EQUIPMENT ASSETS IN FINANCIAL STATEMENTS
DID NOT MAKE ADEQUATE PROVISION FOR GST LIABILITY
DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES WITH REGARD TO INSPECTION AND SEIZURE PROCEEDINGS CARRIED OUT BY GST AUTHORITIES
DELAY IN SUBMISSION OF FINANCIAL RESULTS TO STOCK EXCHANGES
DID NOT HAVE 100% PROMOTERS SHAREHOLDING IN DEMATERIALIZATION
DID NOT APPOINT QUALIFIED AND EXPERIENCE COMPLIANCE OFFICER AND/OR COMPANY SECRETARY
DID NOT HAVE ADEQUATE COMPOSITION OF BOARD OF DIRECTORS, AUDIT COMMITTEE, NOMINATION & REMUNERATION COMMITTEE AND SHAREHOLDERS RELATIONSHIP COMMITTEE
DID NOT FURNISH INFORMATION AND DID NOT COOPERATE WITH 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 21-FEB-2024 TO 20-FEB-2026
IMPOSED PENALTY RS.4,00,00,000
21-FEB-2024
|
SAT: SAT VIDE ITS ORDER DATED 15/04/2024 DIRECTED SEBI TO FILE A REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND APPELLANTS TO FILE REJOINDER WITHIN THREE WEEKS THEREAFTER. STAYED THE DIRECTIONS GAVE IN PARAGRAPH 22.2 OF IMPUGNED ORDER DATED 21/02/2024 FOR ONE MONTH FROM DATE OF THIS ORDER SUBJECT TO THE CONDITION THAT APPELLANTS DEPOSIT RS.1 CRORE IN ESCROW ACCOUNT WITHIN SEVEN DAYS FROM DATE OF THIS ORDER. FURTHER, DIRECTED SEBI TO ENSURE ALL NECESSARY STEPS ARE TAKEN, INCLUDING ISSUING INSTRUCTION TO NSDL TO DEFREEZE DEMAT ACCOUNT OF APPELLANT AND ALLOW FRESH PLEDGE TO BE CREATED IN FAVOUR OF SBICAP TRUSTEE CO.LTD.
SAT: SAT VIDE ITS ORDER DATED 18/06/2024 CONDONED THE DELAY OF 36 DAYS IN FILING OF REPLY AND GRANTED THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 12/11/2024 APPELLANT SOUGHT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 29/04/2025 GRANTED APPELLANT THREE WEEKS TO FILE REJOINDER
|
| 620 |
|
|
MIDPOINT COMMODEAL PVT.LTD.
(PAN:AAICM0631L)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF MAURIA UDYOG LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF 7NR RETAIL LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF DARJEELING ROPEWAY CO.LTD. (NOW KNOWN AS DARJEELING INDUSTRIES LTD.)
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF GBL INDUSTRIES LTD.
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION IN SCRIP OF VISHAL FABRICS LTD.
|
IMPOSED PENALTY RS.50,00,000
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 30-JUN-2026 TO 29-JUN-2030
30-JUN-2026
|
SAT: SAT VIDE ITS ORDER DATED 11/09/2026 ALLOWED RESPONDENT SIX WEEK TO FILE REPLY AND REJOINDER, IF ANY, BE FILED WITHIN THREE WEEKS THEREAFTER. STAYED IMPUGNED ORDER
|
| 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 31 of 59
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