| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 101 |
|
PRAKASH GAGGAR
|
|
|
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 102 |
|
|
PRAVEEN JAIN TIJARIA
(PAN:ABTPJ8112G)
|
|
|
|
TIJARIA POLYPIPES LTD.
PAN:AACCT4796M
|
|
DID NOT MAKE DISCLOSURE OF BOARD RESOLUTION DATED 10/09/2011 TO RAISE FUNDS THROUGH ICDS IN PROSPECTUS
DID NOT MAKE DISCLOSURE OF FUNDS RAISED BY TPL THROUGH ICDS IN NATURE OF BRIDGE LOAN IN PROSPECTUS
DID NOT MAKE DISCLOSURE OF FUNDS RAISED THROUGH ICDS PRIOR TO BOARD RESOLUTION DATED 10/09/2011 IN PROSPECTUS
MADE WRONG DISCLOSURE/MISSTATEMENT IN RELATION TO PROCUREMENT OF PLANT & MACHINERY (IMPORTED & INDIGENOUS) AND SUPPLIERS
MADE MIS-STATEMENTS IN PROSPECTUS BY OVERSTATING EXPENDITURE
|
PROHIBITED FROM RAISING ANY FURTHER CAPITAL IN ANY MANNER, DIRECTLY OR INDIRECTLY FROM 28-NOV-2011 TO 27-NOV-2018
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 28-NOV-2011 TO 27-NOV-2018
20-JUN-2014
|
SAT: SAT VIDE ITS ORDER DATED 29/06/2016 REDUCED DEBARMENT FROM SECURITIES MARKET FOR 7 YEARS TO 5 YEARS. CALLING BACK MONEY FROM ENTITIES TO WHOM THE IPO PROCEEDS HAVE BEEN USED TO REFUND ICDS CANNOT BE SUSTAINED AS IT IS FOUND THAT THESE ENTITIES DID IN FACT MAKE PAYMENTS TO TPL AND REFUND OF MONEY TO THOSE COMPANIES CANNOT BE CALLED BACK. NO COSTS
|
| 103 |
|
|
PUSHPA DEVI
|
|
|
|
SHREE DEWAN STEELS (INDIA) LTD.
|
|
MIS-STATEMENTS IN THE PROSPECTUS
|
LAUNCHED CRIMINAL PROSECUTION
06-APR-1998
|
|
| 104 |
|
|
PUSHPA DEVI CHATLY
|
|
|
|
SHREE DEWAN STEELS (INDIA) LTD.
|
|
MIS-STATEMENTS IN THE PROSPECTUS
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
|
PROSECUTION LAUNCHED
15-MAY-2006
|
ACCUSED NO. 4 AND 5 ARE DISCHARGED BY THE TRIAL COURT ON THE GROUND THAT SEBI FAILED TO PROVE THAT THERE WAS ANY AUTHORIZATION BY A4&5 FOR THE PROSPECTUS OR THERE WAS ANY SIGNATURE ON THE PROSPECTUS
|
| 105 |
|
|
R.AMIRTHAVALLI
(PAN:ADJPA9449B)
|
|
|
|
RAVI KUMAR DISTILLERIES LTD.
PAN:AABCR4195D
|
|
MIS-STATEMENTS IN THE PROSPECTUS
DID NOT MAKE MATERIAL DISCLOSURES IN PROSPECTUS IN MATTER OF RAVI KUMAR DISTILLERIES LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 12-MAR-2019 TO 11-MAR-2022
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 12-MAR-2019 TO 11-MAR-2022
12-MAR-2019
|
|
| 106 |
|
|
R.K.MATHUR
|
|
|
|
PROTOCHEM LTD.
|
|
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
THE OFFENCE WAS COMPOUNDED ON PAYMENT OF RS.5000/ BY EACH OF THE ACCUSED
|
| 107 |
|
|
R.S.MATHUR
|
|
|
|
PROTOCHEM LTD.
|
|
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
THE OFFENCE WAS COMPOUNDED ON PAYMENT OF RS.5000/ BY EACH OF THE ACCUSED
|
| 108 |
|
|
R.T.RAVI
|
|
|
|
KREBS BIOCHEMICALS LTD.
|
|
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
ALL ACCUSED CONVICTED AND SENTENCED TO FINE OF RS.20,000 EACH AND ON DEFAULT SIMPLE IMPRISONMENT FOR I MONTH
|
| 109 |
|
|
R.V.RAVIKUMAR
(PAN:ACZPR4932K)
|
|
|
|
RAVI KUMAR DISTILLERIES LTD.
PAN:AABCR4195D
|
|
MIS-STATEMENTS IN THE PROSPECTUS
DID NOT MAKE MATERIAL DISCLOSURES IN PROSPECTUS IN MATTER OF RAVI KUMAR DISTILLERIES LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 12-MAR-2019 TO 11-MAR-2022
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 12-MAR-2019 TO 11-MAR-2022
12-MAR-2019
|
|
| 110 |
|
|
RAJ K.MEHTA
|
|
|
|
CHHABRA LAND & HOUSING LTD.
CIN:U65921PB1994PLC015168
|
|
MADE VARIOUS MIS-STATEMENTS AND NON-DISCLOSURES IN PROSPECTUS OF CHHABRA LAND & HOUSING LTD.
CREATED FALSE EVIDENCES TO SUBSTANTIATE DISCLOSURES MADE IN PROSPECTUS OF CHHABRA LAND & HOUSING LTD.AND TO SHOW RECEIPT OF PROMOTER'S CONTRIBUTION
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 29-NOV-2002 TO 28-NOV-2007
29-NOV-2002
|
|
| 111 |
|
|
RAJ K.MEHTA
|
|
|
|
CHHABRA LAND & HOUSING LTD.
CIN:U65921PB1994PLC015168
|
|
MIS-STATEMENTS IN THE PROSPECTUS
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
|
PROSECUTION LAUNCHED
15-MAY-2006
|
COMPLAINT UNDER SECTION 621 READ WITH SECTION 63 AND 68 OF COMPANIES ACT AND SECTION 200 OF CR.P.C. WAS FILED BY SEBI AGAINST CHHABRA LAND AND HOUSING LTD AND ITS DIRECTORS ISSUED PROSPECTUS CONTAINING THE PATENTLY FALSE AND UNTRUE STATEMENTS AS THEY CAME OUT WITH THE PUBLIC ISSUES OF 26,40,000 EQUITY SHARES OF RS.10.00 EACH AGGREGATING TO RS.264 LACS. THE COURT FOUND NO GROUND TO PROCEED AGAINST THE ACCUSED AND DISMISSED THE COMPLAINT VIDE IMPUGNED ORDER DATED 07/01/2016. THERAFTER, REVISION PETITION WAS FILED IN SESSIONS COURT WHEREIN, WHILE DISMISSING THE REVISION PEITIONED HELD THAT UNDER SECTION 63 OF THE COMPANIES ACT, THE OFFENCE IS MADE OUT AGAINST ONE WHO HAD AUTHORISED THE ISSUESANCE OF PROSPECTUS AND FOR THAT IT WAS PARAMOUNT FOR THE COMPLAINANT TO PROVE ON RECORD THE RESOLUTION OF THE BOARD OF DIRECTORS AUTHORISING THE ISSUANCE OF THE PROSPECTUS. THE FOUNDATION OF ISSUANCE OF THE PROSPECTUS HAS NOT BEEN BROUGHT ON RECORD AND AS ALLEGED THAT THE PROSPECTUS HAD CONTAINED SOME MIS-STATEMENTS AND NON DISCLOSURE OF MATERIAL INFORMATION AND THESE ALLEGATIONS CAN ONLY BE PROVED IF THE AUTHORITY BEHIND THE ISSUANCE OF PROSPECTUS COULD BE ESTABLISHED. HENCE, THE LEARNED TRIAL COURT WHILE TAKING INTO ACCOUNT ALL THESE FACTS HAD RIGHTLY DISCHARGED THE ACCUSED VIDE THE IMPUGNED ORDER, WHICH DOES NOT SUFFER FROM ANY INFIRMITY, IMPROPRIETY OR ILLEGALITY AND THE SAME IS HEREBY UPHELD AND AFFIRMED
|
| 112 |
|
|
RAJ KISHORE AGARWAL
|
|
|
|
SETECH ELECTRONICS LTD.
|
|
MIS-STATEMENTS IN THE PROSPECTUS
DID NOT APPEAR BEFORE COURT IN PERSON PURSUANT TO SUMMONS ISSUED BY COURT (SECTION 200A – CR PC)
|
PROSECUTION LAUNCHED
15-MAY-2006
|
VIDE ORDER DATED 13/09/2012 COURT DISPOSED OF THE MATTER AS COMPOUNDED BY THE CLB UPON RS.40,000 AS COMPOUNDING CHARGES FOR THE COMPANY AND RS.3000 EACH ON DIRECTORS
|
| 113 |
|
|
RAJ KUMAR SHUKLA
|
|
|
|
ZED INVESTMENTS LTD.
|
|
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
A1 CONVICTED. A2 AND A3 ACQUITTED
A1 CONVICTED. A2 AND A3 ACQUITTED
|
| 114 |
|
|
RAJ KUMAR SHUKLA
|
|
|
|
ZED INVESTMENTS LTD.
|
|
DID NOT REDRESS INVESTOR COMPLAINTS
DECLARED AS A VANISHING COMPANY
PROSPECTUS OF ZED INVESTMENTS LTD. CONTAINED GLARING MIS-STATEMENTS AND OMITTED MATERIAL RELEVANT FACTS
RESPONSIBLE FOR MISDEEDS AS DIRECTOR & SIGNATORY TO THE PROSPECTUS OF ZED INVESTMENTS LTD.
COMMITTED IRREGULARITIES IN PUBLIC ISSUE OF ZED INVESTMENTS LTD.
PROVIDED MIS-STATEMENTS AND ALLOTTED PROMOTER QUOTA SHARES TO GENERAL INVESTORS APART FROM OFFERING BUYBACK SCHEME BY ISSUE OF AN ADVERTISEMENT IN VIOLATION OF SEBI (DIP) DIRECTIVES/INSTRUCTIONS/GUIDELINES
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 09-OCT-2003 TO 08-OCT-2008
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 09-OCT-2003 TO 08-OCT-2008
09-OCT-2003
|
|
| 115 |
|
|
RAJBIR SINGH HOODA
|
|
|
|
MAHADEV AGRO INDUSTRIES LTD.
|
|
|
MAHADEV CORP.(INDIA) LTD.
|
|
|
MAHADEV LEASING CO.LTD.
|
|
DID NOT DESPATCH SHARE CERTIFICATES AFTER ALLOTMENT AND/OR TRANSFER WITHIN STIPULATED PERIOD
MIS-STATEMENTS IN THE PROSPECTUS
DID NOT PAY DIVIDEND WITHIN STIPULATED PERIOD
|
PROSECUTION LAUNCHED
15-MAY-2006
|
ACCUSED NO.1 COMPANY PROCEDED U/S 305 OF CR.P.C. (EX-PARTE) PROCEEDINGS AGAINST ACCUSED NO. 2,4,5 AND 7 WERE DROPPED VIDE ORDER DATED 20/11/2001. ACCUSED NOS 3 AND 6 PLEADED GUILTY AND COURT IMPOSED FINE OF RS.10,000 EACH
CASE DISMISSED BY COURT
CONVICTION
NOT APPEARING IN THE LIST OF CASES DISMISSED/ACCUSED DISCHARGES IN THE PROSECUTION FILED BY SEBI (AS ON 31ST MARCH 2010)
ACCUSED NO.2 PLEADED GUILTY AND LD. COURT IMPOSED A FINE OF RS.5000. NONE FOR COMPANY AND PROCEEDINGS QUA A3 AND A4 DROPPED AND FILE CONSIGNED TO RR
|
| 116 |
|
|
RAJESH GUPTA
|
|
|
|
SUN GROW DATASOFT PVT.LTD.
|
|
COMMITTED IRREGULARITIES IN PUBLIC ISSUES OF KARAN FINANCE LTD., MAHANIVESH (INDIA) LTD., GEEFCEE FINANCE LTD. AND KALYANI FINANCE LTD.
COMMITTED IRREGULARITIES INTERALIA FRAUDULENT INCORPORATION OF THE COMPANY
MIS-STATEMENTS IN THE PROSPECTUS
COMPANY WAS NOT LOCATED AT ITS REGISTERED OFFICE ADDRESS
FABRICATED AUDITORS REPORTS AND FINANCIAL PROJECTIONS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 06-APR-2000 TO 05-APR-2005
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 06-APR-2000 TO 05-APR-2005
06-APR-2000
|
SAT: APPEAL DISMISSED
|
| 117 |
|
|
RAJKUMAR DEVIDATTA BAJAJ
|
|
|
|
GANESH BENZOPLAST LTD.
|
|
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
DISMISSED
|
| 118 |
|
|
RAKESH KUMAR SRIVASTAVA
|
|
|
|
ZED INVESTMENTS LTD.
|
|
FRAUDULENTLY INDUCING PERSONS TO INVEST MONEY
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
A1 CONVICTED. A2 AND A3 ACQUITTED
A1 CONVICTED. A2 AND A3 ACQUITTED
|
| 119 |
|
|
RAKESH KUMAR SRIVASTAVA
|
|
|
|
ZED INVESTMENTS LTD.
|
|
DID NOT REDRESS INVESTOR COMPLAINTS
DECLARED AS A VANISHING COMPANY
PROSPECTUS OF ZED INVESTMENTS LTD. CONTAINED GLARING MIS-STATEMENTS AND OMITTED MATERIAL RELEVANT FACTS
RESPONSIBLE FOR MISDEEDS AS DIRECTOR & SIGNATORY TO THE PROSPECTUS OF ZED INVESTMENTS LTD.
COMMITTED IRREGULARITIES IN PUBLIC ISSUE OF ZED INVESTMENTS LTD.
PROVIDED MIS-STATEMENTS AND ALLOTTED PROMOTER QUOTA SHARES TO GENERAL INVESTORS APART FROM OFFERING BUYBACK SCHEME BY ISSUE OF AN ADVERTISEMENT IN VIOLATION OF SEBI (DIP) DIRECTIVES/INSTRUCTIONS/GUIDELINES
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 09-OCT-2003 TO 08-OCT-2008
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 09-OCT-2003 TO 08-OCT-2008
09-OCT-2003
|
|
| 120 |
|
|
RAM S.GUPTA
|
|
|
|
PROTOCHEM LTD.
|
|
MIS-STATEMENTS IN THE PROSPECTUS
|
PROSECUTION LAUNCHED
15-MAY-2006
|
THE OFFENCE WAS COMPOUNDED ON PAYMENT OF RS.5000/ BY EACH OF THE ACCUSED
|
| 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 6 of 10
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