| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 701 |
|
SOMNATH GUPTA
(PAN:ADZPG2735J)
|
|
|
|
JAISUKH DEALERS LTD.
CIN:L65100WB2005PLC101510
PAN:AABCJ7808H
|
|
MISREPRESENTED FINANCIALS AND/OR BUSINESS AND MISUSED FUNDS/BOOKS OF ACCOUNTS OF JDL 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 JAISUKH DEALERS 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 06-AUG-2021 TO 05-FEB-2022
06-AUG-2021
|
|
| 702 |
|
|
SOMNATH PRADHAN
(PAN:AUPPP6109E)
|
|
|
|
CARNATION INDUSTRIES LTD.
CIN:L27209WB1983PLC035920
PAN:AABCC0379E
|
|
SUBMITTED FALSE AND MISLEADING COMPLIANCE CERTIFICATE VIOLATING REGULATIONS 17(8) AND 33(2)(A) OF SEBI (LODR) REGULATION, 2015 IN MATTER OF CARNATION INDUSTRIES LTD.
|
IMPOSED PENALTY RS.1,00,000
26-AUG-2022
|
SAT: SAT VIDE ITS ORDER DATED 24/01/2023 DIRECTED 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 30/03/2023 ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 11/05/2023 CONDONED THE DELAY IN FILING OF REPLY AND ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SEBI VIDE ITS NOTICE DATED 27/07/2023 DIRECTED TO PAY RS.1,13,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 16/08/2023 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 ORDER DATED 11/09/2023 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.7011 OF 2023 DATED 27/07/2023
SAT: SAT VIDE ITS ORDER DATED 12/07/2024 DISMISSED THE APPEAL. NO COSTS
|
| 703 |
|
|
SONAL DEEPAN PATWA
(PAN:AFEPP2421H)
(Along with : DIPAN BABULAL PATWA,
MANISH JAYSUKHLAL JANANI,
JEEYAN DIPAN PATWA)
|
|
|
PUBLISHED MISREPRESENTED/MANIPULATED FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(2)(F), 4(2)(K), 4(2)(R) READ WITH 2(1)(B) AND 2(1)(C) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF LYPSA GEMS JEWELLERY LTD.
PUBLISHED MISREPRESENTED/MANIPULATED FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1)(C), 4(1)(D), 4(1)(E) AND 4(1)(G) TO 4(1)(J) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF LYPSA GEMS JEWELLERY LTD.
INDULGED IN MISREPRESENTATION AND MISSTATEMENT OF FINANCIAL STATEMENTS IN ANNUAL RESULT AND ANNUAL REPORTS VIOLATING OF REGULATIONS 4(1)(A), 4(1)(B), 4(2)(E)(I), 33(3)(D), 34(2)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF LYPSA GEMS JEWELLERY LTD.
DID NOT INCLUDE STATUTORY AUDITOR’S REPORT AND DID NOT MAKE DISCLOSURE OF AOC-1 IN FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(1)(A), 4(1)(C) TO 4(1)(E), 4(1)(G) TO 4(1)(J), 4(2)(E)(I) AND 34(3) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF LYPSA GEMS JEWELLERY LTD.
DID NOT PROVIDE CERTIFICATE OF NON-DISQUALIFICATION OF DIRECTORS IN FINANCIAL STATEMENTS AND ANNUAL REPORTS VIOLATING REGULATIONS 4(1)(A), 4(1)(C) TO 4(1)(E), 4(1)(G) TO 4(1)(J), 4(2)(E)(I) AND 34(3) READ WITH SCHEDULE V PARA C CLAUSE 10(I) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF LYPSA GEMS JEWELLERY LTD.
|
IMPOSED PENALTY RS.6,00,000 ALONG WITH OTHER ENTITIES/PERSONS
16-APR-2026
|
|
| 704 |
|
|
SONAM SATISH KUMAR JAIN
(PAN:ANYPJ5733C)
|
|
|
|
ONELIFE CAPITAL ADVISORS LTD.
PAN:AAACO9540L
|
|
DID NOT EXERCISE DUE DILIGENCE AS A MEMBER OF AUDIT COMMITTEE VIOLATING REGULATION 18(3) READ WITH CLAUSES A(1) AND A(4) UNDER PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ONELIFE CAPITAL ADVISORS LTD.
|
IMPOSED PENALTY RS.5,00,000
28-MAR-2025
|
SAT: SAT VIDE ITS ORDER DATED 13/06/2025 ALLOWED RESPONDENT SIX WEEKS TO FILE REPLY AND REJOINDER IF ANY, TO BE FILED WITHIN THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 13/06/2025 ALLOWED RESPONDENT SIX WEEKS TO FILE REPLY AND REJOINDER IF ANY, TO BE FILED WITHIN THREE WEEKS THEREAFTER. STAYED THE RECOVERY PROCEEDINGS SUBJECT TO DEPOSIT OF RS.2 LAC
|
| 705 |
|
|
SONIA BIDLAN
(PAN:ATQPB6253K)
|
|
|
|
CONCORD DRUGS LTD.
PAN:AAACC8171D
|
|
DEFAULTED IN APPOINTMENT OF COMPANY SECRETARY AND/OR COMPLIANCE OFFICER VIOLATING REGULATION 6(1) OF SEBI (LODR) REGULATIONS, 2015
|
IMPOSED PENALTY RS.1,00,000
11-AUG-2023
|
|
| 706 |
|
|
SOUMEN SEN GUPTA
(PAN:APCPG9767K)
|
|
|
|
JAISUKH DEALERS LTD.
CIN:L65100WB2005PLC101510
PAN:AABCJ7808H
|
|
MISREPRESENTED FINANCIALS AND/OR BUSINESS AND MISUSED FUNDS/BOOKS OF ACCOUNTS OF JDL 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 JAISUKH DEALERS 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 06-AUG-2021 TO 05-FEB-2022
06-AUG-2021
|
|
| 707 |
|
|
SOUMEN SEN GUPTA
(PAN:APCPG9767K)
|
|
|
|
JAISUKH DEALERS LTD.
CIN:L65100WB2005PLC101510
PAN:AABCJ7808H
|
|
MISREPRESENTED FINANCIALS AND/OR BUSINESS AND MISUSED FUNDS/BOOKS OF ACCOUNTS OF JDL 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 JAISUKH DEALERS LTD.
|
IMPOSED PENALTY RS.3,00,000
06-AUG-2021
|
SEBI VIDE ITS NOTICE DATED 08/12/2021 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 17/12/2021 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 08/12/2021
|
| 708 |
|
|
SOUMENDRA KESHARI PATTANAIK
(PAN:AFNPP7713B)
|
|
|
|
ARSS INFRASTRUCTURE PROJECTS LTD.
CIN:L14103OR2000PLC006230
PAN:AADCA4203D
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF ARSS INFRASTRUCTURE PROJECTS LTD. AND SUBSIDIARIES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(F) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ARSS INFRASTRUCTURE PROJECTS LTD.
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF ARSS INFRASTRUCTURE PROJECTS LTD. AND SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(6) & 7, 4(2)(F)(III)(1), (3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ARSS INFRASTRUCTURE PROJECTS LTD.
DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF ARSS INFRASTRUCTURE PROJECTS 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 ARSS INFRASTRUCTURE PROJECTS 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 25-NOV-2021 TO 24-NOV-2022
IMPOSED PENALTY RS.1,00,000
25-NOV-2021
|
SAT: SAT VIDE ITS ORDER DATED 02/05/2022 ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 30/06/2022 ALLOWED APPELLANTS FURTHER THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 03/08/2022 GRANTED TWO WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 11/04/2023 PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY TO RS.1 LAC FROM RS.3 LAC
|
| 709 |
|
|
SOWMYA GAUTAM DESHPANDE
(DIN:00705918
PAN:AHAPD5607K)
(Along with : PANDOO PRABHAKAR NAIG,
GAUTAM MOHAN DESHPANDE,
AMIT SATISHCHAND TYAGI)
|
|
|
MISREPRESENTED/MISSTATED IN FINANCIAL STATEMENTS VIOLATING REGULATIONS 4(2)(F), 4(2)(K), 4(2)(R) READ WITH 2(1)(B) AND (C)(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF FAMILY CARE HOSPITALS LTD.
DID NOT MAKE DISCLOSURE TO STOCK EXCHANGES IN ITS QUARTERLY FINANCIAL STATEMENTS IN RESPECT OF VARIOUS SERIES OF NCDS VIOLATING REGULATION 52(4) OF SEBI (LODR) REGULATIONS, 2015
DID NOT PREPARE TRUE AND FAIR FINANCIAL STATEMENTS BY REVERSAL/NON-PROVISIONING OF INTEREST AND MADE WRONGFUL CERTIFICATION OF FINANCIAL RESULTS VIOLATING REGULATIONS 4(1)(A), 4(1)(B), 33(1)(C) AND 48 OF SEBI (LODR) REGULATIONS, 2015
DID NOT EXERCISE DUE DILIGENCE AS A MEMBER OF AUDIT COMMITTEE IN APPROVING FINANCIAL STATEMENTS VIOLATING REGULATION 18(3) READ WITH CLAUSE A(1) AND A(4) UNDER PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 27 OF SEBI ACT, 1992 IN MATTER OF FAMILY CARE HOSPITALS LTD.
|
IMPOSED PENALTY RS.13,00,000 ALONG WITH OTHER ENTITIES/PERSONS
03-JUN-2025
|
SEBI VIDE ITS NOTICE DATED 07/08/2025 DIRECTED TO PAY RS.13,40,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 20/08/2025 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.8850 OF 2025 DATED 07/08/2025
SAT: SAT VIDE ITS ORDER DATED 14/10/2025 CONDONED THE DELAY OF 39 DAYS IN FILING OF APPEAL. ALLOWED RESPONDENT SIX WEEKS TO FILE REPLY AND REJOINDER, IF ANY TO BE FILED WITHIN THREE WEEKS THEREAFTER
|
| 710 |
|
|
SUBASH AGARWAL
(PAN:AATPA3716A)
|
|
|
|
ARSS INFRASTRUCTURE PROJECTS LTD.
CIN:L14103OR2000PLC006230
PAN:AADCA4203D
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF ARSS INFRASTRUCTURE PROJECTS LTD. AND SUBSIDIARIES VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT, 1992 AND REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(F) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ARSS INFRASTRUCTURE PROJECTS LTD.
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF ARSS INFRASTRUCTURE PROJECTS LTD. AND SUBSIDIARIES VIOLATING REGULATIONS 4(2)(F)(I)(2), 4(2)(F)(II)(6) & 7, 4(2)(F)(III)(1), (3), (6) AND (12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ARSS INFRASTRUCTURE PROJECTS LTD.
DID NOT ADHERE TO REGULATIONS 33(2)(A) FOR CERTIFICATION AND APPROVAL OF FINANCIAL RESULTS IN MATTER OF ARSS INFRASTRUCTURE PROJECTS 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 25-NOV-2021 TO 24-NOV-2022
IMPOSED PENALTY RS.4,00,000
25-NOV-2021
|
SAT: SAT VIDE ITS ORDER DATED 02/05/2022 ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 30/06/2022 ALLOWED APPELLANTS FURTHER THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 03/08/2022 GRANTED TWO WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 11/04/2023 PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY TO RS.4 LAC FROM RS.7.5 LAC
|
| 711 |
|
|
SUBASH MOHAN BHAT
(PAN:AAAPB6132G)
|
|
|
|
SOBHA LTD.
PAN:AABCS7723E
|
|
ALLEGED FAILURE IN DISCHARGING HIS DUTY AS CFO AND INDULGED IN ACCOUNTING IRREGULARITIES IN THE BOOKS OF ACCOUNTS VIOLATING SECTION 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(F), 4(2)(K) AND 4(2) (R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF SOBHA LTD.
ALLEGED PUBLISH UNTRUE AND MISLEADING FINANCIAL RESULTS VIOLATING REGULATION 33 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF SOBHA LTD.
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.2,92,50,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
22-AUG-2022
|
|
| 712 |
|
|
SUBASH OSWAL
(PAN:AAEPO2210L)
|
|
|
|
MAGNUM VENTURES LTD.
PAN:AAACM6054H
|
|
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF MAGNUM VENTURES LTD.VIOLATING REGULATIONS 4(1), 4(2)(E), 4(2)(F)(II)(7), 4(2)(F)(II)(8), 4(2)(F)(III)(3), 18(3) READ WITH CLAUSES A(1), A(4) & A(5) UNDER PART C OF SCHEDULE II, 33(1)(A),33(1)(C), 33(3)(C)(II), 33(3)(D), 33(3)(I), 34(2)(A), 34(3)AND 48 OF SEBI (LODR) REGULATIONS, 2015 READ WITH SECTION 27(2) OF SEBI ACT, 1992 IN MATTER OF MAGNUM VENTURES LTD.
INDULGED IN MISREPRESENTATION OF FINANCIALS AND/OR BUSINESS AND MISUSE OF FUNDS/BOOKS OF ACCOUNTS OF MAGNUM VENTURES LTD. VIOLATING SECTION 12A(A) TO 12A(C) OF SEBI ACT, 1992 READ WITH REGULATIONS 3(B) TO 3(D), 4(1), 4(2)(E), 4(2)(F), 4(2)(K) AND 4(2)(R) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF MAGNUM VENTURES LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 31-MAY-2023 TO 30-MAY-2024
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 31-MAY-2023 TO 30-MAY-2024
IMPOSED PENALTY RS.6,00,000
31-MAY-2023
|
|
| 713 |
|
|
SUBHASH BAHL
(PAN:AEDPB6810Q)
|
|
|
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
|
|
| 714 |
|
|
SUBHASH CHANDRA
(PAN:AACPC4004A)
|
|
|
|
ZEE ENTERTAINMENT ENTERPRISES LTD.
PAN:AAACZ0243R
|
|
DEVISED A FRAUDULENT SCHEME TO PLEDGE ZEEL’S IMMOVABLE ASSET WITHOUT AUTHORIZATION TO SECURE VIOLATING REGULATION 34(3) READ WITH CLAUSE 1 OF PART A OF SCHEDULE V AND REGULATION 48 OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ZEE ENTERTAINMENT ENTERPRISES LTD.
DID NOT OBTAIN PRIOR APPROVAL FROM AUDIT COMMITTEE FOR RELATED PARTY TRANSACTIONS VIOLATING REGULATION 23(2) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ZEE ENTERTAINMENT ENTERPRISES LTD.
DID NOT MAKE DISCLOSURE OF FRAUDULENT UNAUTHORISED PLEDGE AND SUBSEQUENT MATERIAL DEVELOPMENTS IN MATTER OF ZEE ENTERTAINMENT ENTERPRISES LTD.
IMPEDED INDEPENDENT DIRECTORS AND MEMBERS OF AUDIT COMMITTEE FROM EFFECTIVELY DISCHARGING THEIR RESPONSIBILITIES AS MEMBERS OF BOARD OF DIRECTORS AND AUDIT COMMITTEES VIOLATING REGULATIONS 4(2)(F)(III)(14) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ZEE ENTERTAINMENT ENTERPRISES LTD.
DID NOT MONITOR AND MANAGE POTENTIAL CONFLICTS OF INTEREST OF MANAGEMENT, MEMBERS OF BOARD OF DIRECTORS AND SHAREHOLDERS INCLUDING MISUSE OF CORPORATE ASSETS AND ABUSE IN RELATED PARTY TRANSACTIONS AND IN ENSURING INTEGRITY OF ZEEL’S ACCOUNTING AND FINANCIAL REPORTING SYSTEMS VIOLATING REGULATIONS 4(2)(F)(I)(1) AND 4(2)(F)(II)(6) & (7) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ZEE ENTERTAINMENT ENTERPRISES LTD.
DID NOT MAINTAIN HIGH ETHICAL STANDARDS VIOLATING REGULATION 4(2)(F)(III)(3) AND (6) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ZEE ENTERTAINMENT ENTERPRISES 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 31-JUL-2026 TO 30-JUL-2027
IMPOSED PENALTY RS.60,00,000
31-JUL-2026
|
|
| 715 |
|
|
SUBHASH CHANDRA
(PAN:AACPC4004A)
|
|
|
|
ZEE ENTERTAINMENT ENTERPRISES LTD.
PAN:AAACZ0243R
|
|
INDULGED IN DIVERSION OF FUNDS FROM ZEE ENTERTAINMENT ENTERPRISES LTD. AND OTHER LISTED COMPANIES AND FALSE SUBMISSION TO SEBI THAT IT HAD RECEIVED THE FUNDS FROM ASSOCIATE ENTITIES VIOLATING REGULATIONS 4(1) AND 4(2)(F) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ZEE ENTERTAINMENT ENTERPRISES LTD.
DID NOT DISCHARGE DUTY AS DIRECTORS FOR THEIR PERSONAL BENEFIT VIOLATING 4(2)(F) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF ZEE ENTERTAINMENT ENTERPRISES LTD.
|
CEASED TO HOLD THE POSITION OF A DIRECTOR OR KEY MANAGERIAL PERSONNEL IN ANY LISTED COMPANY OR ITS SUBSIDIARIES FROM 12-JUN-2023
DIRECTED ZEE ENTERTAINMENT ENTERPRISES LTD. (ZEEL) TO PLACE THE ORDER DATED 12/06/2023 BEFORE BOARD OF DIRECTORS WITHIN SEVEN DAYS FROM THE DATE OF RECEIPT OF THE ORDER
12-JUN-2023
|
SAT: SAT VIDE ITS ORDER DATED 15/06/2023 DIRECTED RESPONDENT TO FILE REPLY WITHIN FORTY EIGHT HOURS AND REJOINDER, IF ANY, TO BE FILED ON OR BEFORE 19/06/2023
SEBI VIDE ITS ORDER DATED 14/08/2023 MODIFIED THE DIRECTIONS OF INTERIM ORDER DATED 12/06/2023 W.E.F. FROM DATE OF THIS ORDER I) INVESTIGATION IN THE MATTER BY SEBI TO BE COMPLETED IN TIME-BOUND MANNER AND IN ANY EVENT WITHIN EIGHTH MONTHS FROM DATE OF THIS ORDER II) NOT TO HOLD POSITION OF DIRECTOR OR KEY MANAGEMENT PERSONNEL (KMP) IN FOLLOWING COMPANIES TILL FURTHER DIRECTIONS A) ZEE ENTERTAINMENT ENTERPRISES LTD. B) ZEE MEDIA CORPORATION LTD. C) ZEE STUDIOS LTD. (WHOLLY OWNED SUBSIDIARY OF ZEE ENTERTAINMENT ENTERPRISES LTD.) D) ZEE AKAASH NEWS PVT.LTD. (WHOLLY OWNED SUBSIDIARY OF ZEE MEDIA CORPORATION LTD.) E) ANY RESULTANT COMPANY THAT IS FORMED PURSUANT TO A MERGER OR AMALGAMATION OF THE ABOVE NAMED COMPANIES WITH ANY OTHER COMPANY WHOLLY OR IN PART F) ANY COMPANY, WHICH IS FORMED PURSUANT TO DEMERGER OF ANY OF THE ABOVE NAMED COMPANIES
SAT: SAT VIDE ITS ORDER DATED 30/10/2023 ALLOWED THE APPEAL. QUASHED AND SET ASIDE IMPUGNED ORDER DATED 12/06/2023 AND CONFIRMATORY ORDER DATED 14/08/2023
SAT: SAT VIDE ITS ORDER DATED 26/02/2024 ALLOWED RESPONDENT TEN DAYS TO FILE REPLY
SAT: SAT VIDE ITS ORDER DATED 02/05/2025 DISMISSED THE APPEAL. NO COSTS
SAT: SAT VIDE ITS ORDER DATED 11/07/2025 DISMISSED REVIEW APPLICATION DATED 02/05/2025
|
| 716 |
|
|
SUBIR KUMAR BANERJEE
(PAN:AFTPD0266P)
|
|
|
MISREPRESENTED FINANCIAL STATEMENTS BY CONTINUOUSLY SHOWING BALANCE OUTSTANDING FROM STRUCK-OFF AND DEFAULTER COMPANIES
MISUSED FUNDS AND MISREPRESENTED THROUGH LONG OUTSTANDING BALANCE OF LOAN AND ADVANCES AND NON-PROVISIONING FOR NINE YEARS
MISREPRESENTED FINANCIAL STATEMENTS AND DID NOT TAKE APPROVAL FROM AUDIT COMMITTEE/SHAREHOLDERS FOR RELATED PARTY TRANSACTIONS
MISREPRESENTED BY NON-DISCLOSURE OF BALANCE OUTSTANDING FROM RELATED PARTIES
MISUSED AND DIVERTED FUNDS BY PROVIDING INTEREST FREE LOANS TO WHOLLY-OWNED SUBSIDIARY
DID NOT PERFORM DUTIES AND RESPONSIBILITIES AS AUDIT COMMITTEE MEMBER
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IMPOSED PENALTY RS.2,00,000
23-AUG-2023
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SAT: SAT VIDE ITS ORDER DATED 12/01/2024 CONDONED THE DELAY IN FILING OF APPEAL. RESPONDENTTO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 12/02/2024 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
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| 717 |
|
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SUBRATA KUMAR DEY
(PAN:ABZPB2302G)
|
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MISREPRESENTED FINANCIAL STATEMENTS BY CONTINUOUSLY SHOWING BALANCE OUTSTANDING FROM STRUCK-OFF AND DEFAULTER COMPANIES
MISUSED FUNDS AND MISREPRESENTED THROUGH LONG OUTSTANDING BALANCE OF LOAN AND ADVANCES AND NON-PROVISIONING FOR NINE YEARS
MISREPRESENTED FINANCIAL STATEMENTS AND DID NOT TAKE APPROVAL FROM AUDIT COMMITTEE/SHAREHOLDERS FOR RELATED PARTY TRANSACTIONS
MISREPRESENTED BY NON-DISCLOSURE OF BALANCE OUTSTANDING FROM RELATED PARTIES
MISUSED AND DIVERTED FUNDS BY PROVIDING INTEREST FREE LOANS TO WHOLLY-OWNED SUBSIDIARY
DID NOT PERFORM DUTIES AND RESPONSIBILITIES AS AUDIT COMMITTEE MEMBER
|
IMPOSED PENALTY RS.1,00,000
23-AUG-2023
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SEBI VIDE ITS NOTICE DATED 12/12/2023 DIRECTED TO PAY RS.2,11,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SAT: SAT VIDE ITS ORDER DATED 12/01/2024 CONDONED THE DELAY IN FILING OF APPEAL. RESPONDENTTO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 12/02/2024 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 19/02/2026 PARTLY ALLOWED THE APPEAL BY SETTING ASIDE IMPUGNED ORDERS DATED 28/07/2023 AND 23/08/2023 AND REDUCED PENALTY AMOUNT TO RS.1 LAC FROM RS.2 LAC U/S 15HB. NO COSTS
SEBI VIDE ITS ORDER DATED 25/03/2026 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.7461 OF 2023 DATED 12/12/2023
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| 718 |
|
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SUBRATO SAHA
(PAN:AFOPS1470F)
|
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BRIGHTCOM GROUP LTD.
PAN:AAACL5827B
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DID NOT EXERCISE DUE DILIGENCE AS A MEMBER OF AUDIT COMMITTEE VIOLATING CLAUSE 49 III D OF ERSTWHILE LISTING AGREEMENT AND REGULATION 18(3) READ WITH PART C OF SCHEDULE II OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF BRIGHTCOM GROUP LTD.
|
IMPOSED PENALTY RS.5,00,000
06-OCT-2025
|
|
| 719 |
|
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SUCHITA GOYAL
(PAN:AAFPG5320G)
|
|
|
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REAL GROWTH COMMERCIAL ENTERPRISES LTD.
CIN:L70109DL1995PLC064254
PAN:AABCR8653C
|
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DID NOT OVERSEE PROCESS OF DISCLOSURE AND COMMUNICATION BY BOARD OF DIRECTORS VIOLATING REGULATION 4(2)(F)(II)(8) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF REAL GROWTH COMMERCIAL ENTERPRISES LTD.
|
IMPOSED PENALTY RS.1,00,000
11-FEB-2021
|
SEBI VIDE ITS NOTICE DATED 24/05/2021 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 09/06/2021 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 24/05/2021
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| 720 |
|
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SUDARSHAN SEN
(PAN:AALPS2024B)
|
|
|
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PNB HOUSING FINANCE LTD.
PAN:AAACP3682N
|
|
ALLEGED FAILURE IN OBTAINING REGISTERED VALUER’S REPORT IN ACCORDANCE WITH ARTICLE 19(2) OF ARTICLES OF ASSOCIATION (AOA) OF COMPANY VIOLATING REGULATIONS 4(2)(F)(III)(3), (6) AND (7) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF PNB HOUSING FINANCE LTD.
ALLEGED FAILURE TO TAKE INTO ACCOUNT THE INTERESTS OF ALL STAKEHOLDER BY NOT ACCOUNTING FOR CONTROL PREMIUM IN PRICING OF THE PREFERENTIAL ISSUE VIOLATING REGULATIONS 4(2)(F)(III)(3), (6) AND (7) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF PNB HOUSING FINANCE LTD.
ALLEGED FAILURE IN MAKING ADEQUATE AND TIMELY DISCLOSURE OF MATERIAL INFORMATION TO STOCK EXCHANGES VIOLATING REGULATIONS 4(1)(D), 4(1)(H), 4(2)(B), 4(2)(E)(I), 4(2)(E)(II) AND 30(12) OF SEBI (LODR) REGULATIONS, 2015 IN MATTER OF PNB HOUSING FINANCE LTD.
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REACHED SETTLEMENT (SETTLEMENT CHARGES RS.28,50,000, INTEREST RS.44,26,533 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
18-JUL-2022
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| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
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| Page 36 of 43
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