| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 121 |
|
AMAR MITTAL
|
|
|
ALLEGED FAILURE IN MAKING PUBLIC ANNOUNCEMENT AS REQUIRED UNDER REGULATION 11(1) READ WITH 14 OF SEBI TAKEOVER CODE, 1997 IN MATTER OF RAMA PAPER MILLS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.21,25,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
30-JUN-2016
|
|
| 122 |
|
|
AMARDEEP SINGH DAHIYA
(PAN:AANPD3910B)
|
|
|
|
A.R.DAHIYA & ASSOCIATES
|
|
DID NOT MAKE PUBLIC ANNOUNCEMENT IN ACCORDANCE WITH THE PROVISIONS OF SEBI TAKEOVER CODE, 1997 BY THE ACQUIRER ON 24.4.1999 IN THE CASE OF POLO HOTELS LTD.
|
DIRECTED ACQUIRER TO MAKE PUBLIC OFFER
DIRECTED ACQUIRER TO PAY INTEREST FOR LOSS CAUSED TO SHAREHOLDERS
01-AUG-2003
|
SAT: APPEAL FAILED AND DISMISSED
SAT: SAT VIDE ITS ORDER DATED 29/08/2017 GRANTED EXTENSION OF TIME FOR A FURTHER PERIOD OF FOUR WEEKS FOR COMPLIANCE OF SEBI ORDER DATED 01/08/2003 SUBJECT TO PAYMENT OF COSTS QUANTIFIED AT RS.50,000 TO BE PAID BY THE APPELLANT TO SEBI WITHIN A PERIOD OF TWO WEEKS FROM THE DATE OF THIS ORDER
SAT: SAT VIDE ITS ORDER DATED 15/02/2019 DISMISSED THE APPEAL WITH COSTS FOR RS.50,000.00 FOR NOT COMPLYING WITH SEBI ORDER DATED 01/08/2013 FOR ALMOST 15 YEARS
SEBI VIDE ITS ORDER DATED 03/06/2019 DIRECTED TO B) ENSURE COMPLIANCE WITH SEBI ORDER DATED 01/08/2003 AND COMPLETE PENDING OPEN OFFER AFTER DULY INCORPORATING OBSERSATIONS ISSUED VIDE OBSERSATION LETTER DATED 11/05/2018 WITHIN TWELVE WORKING DAYS FROM DATE OF RECEIPT OF THIS ORDER B) DEPOSIT RS.11,94,40,349 INTEREST BEARING ESCROW ACCOUNT CREATED SPECIFICALLY FOR THE PURPOSE IN NATIONALISED BANK WITHIN SEVEN WORKING DAYS FROM DATE OF RECEIPT OF THIS ORDER C) BANKS AND DEPOSITORIES ARE DIRECTED NOT TO DEBIT WITHOUT PERMISSION OF SEBI, IN RESPECT OF BANK ACCOUNTS AND DEMAT ACCOUNTS, HELD BY MR.ABHEY RAM DAHIYA, MR.AMANDEEP SINGH DAHIYA AND MR.PANKAJ DAHIYA
SAT: SAT VIDE ITS ORDER DATED 20/06/2019 DISPOSED OFF THE APPLICATION WITHOUT ANY DIRECTION
SEBI VIDE ITS ORDER DATED 09/03/2020 DIRECTED TO A) ATTACH DEPOSIT OF R.80,42,167.30 BY THE ACQUIRERS IN ESCROW ACCOUNT WITH ICICI BANK LTD. AND RS.32,15,462.45 WITH ING VYSYA BANK LTD. (NOW KOTAK MAHINDRA BANK LTD.) AND TO BE UTILISED FOR PAYMENT OF CONSIDERATION TO ELIGIBLE AND IDENTIFIABLE INVESTORS OF TARGET COMPANY IN CONSIDERATION FOR OPEN OFFER B) DISGORGE BALANCE OPEN OFFER CONSIDERATION AMOUNT OF RS.11,82,32,526 ALONG WITH SIMPLE INTEREST @ 15% FROM 01/06/2019 TILL DATE OF ACTUAL PAYMENT. C) BANKS NOT TO ALLOW DEBITS FROM BANK ACCOUNT(S) OF MR.ABHEY RAM DAHIYA, MR.AMARDEEP SINGH DAHIYA AND MR.PANKAJ DAHIYA TO EXTENT OF AMOUNT, WITHOUT PERMISSION OF SEBI. D) RESTRAINED FROM DISPOSING OF OR ALIENATING ANY OF ASSETS/ PROPERTIES/SECURITIES, INCLUDING ASSETS/PROPERTIES EXCEPT FOR PURPOSE OF COMPLETING OPEN OFFER E) PROVIDE, ON OR BEFORE 20/03/2020 FULL INVENTORY OF ALL ASSETS AND PROPERTIES AND DETAILS OF ALL BANK ACCOUNTS, DEMAT ACCOUNTS AND HOLDINGS OF SHARES/SECURITIES, IF HELD IN PHYSICAL FORM AND DETAILS OF COMPANIES IN WHICH HOLD SUBSTANTIAL OR CONTROLLING INTEREST F) AMOUNT DISGORGED BY WAY OF THIS ORDER TO BE CREDITED TO IPEF SHALL BE UTILISED IN TERMS OF SUB–REGULATION (3) OF REGULATION 5 OF SEBI (IPEF) REGULATIONS, 2009, FOR RESTITUTION OF INVESTORS OF POLO HOTELS LTD., WHO HAD TENDERED THEIR SHARES AND/OR WHO MAY TENDER THEIR SHARES IN RESPONSE TO FRESH OPEN OFFER
SEBI VIDE ITS NOTICE DATED 24/06/2020 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 NOTICE DATED 31/08/2021 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED
SEBI VIDE ITS ORDER DATED 16/01/2024 A) PROHIBITED FROM DISPOSING, TRANSFERRING, ALIENATING OR CHARGING IN RESPECT OF ALL THE IMMOVABLE PROPERTIES LISTED IN THE ORDER B) PROHIBITED FROM TAKING ANY BENEFIT UNDER SUCH DISPOSAL, TRANSFER, ALIENATION OR CHARGE IN RESPECT OF THE PROPERTIES LISTED IN ORDER C) DIRECTED TO FURNISH COMPLETE DETAILS OF ALL MOVABLE AND IMMOVABLE PROPERTIES HELD BY DEFAULTERS AND CHARGES, IF ANY, ALONG WITH ORIGINAL TITLE DEEDS PERTAINING TO THE PROPERTIES WITHIN TWO WEEKS FROM DATE OF THIS ORDER AT SEBI, NORTHERN REGIONAL OFFICE, NEW DELHI D) DIRECTED INSPECTORS GENERAL OF REGISTRATION OF ALL THE STATES AND UNION TERRITORIES AND CONCERNED TEHSILDARS, DISTRICT REGISTRARS AND SUB-REGISTRARS OF THE RESPECTIVE AREAS WHERE THE PROPERTIES ARE LOCATED E) NOT TO ACT UPON ANY DOCUMENTS PURPORTING TO BE DEALING WITH TRANSFER, MORTGAGE, CHARGE, LEASE OR CREATION OR ALTERATION OF ANY INTEREST IN ANY OF THE PROPERTIES OWNED/HELD BY THE DEFAULTERS, IF PRESENTED FOR REGISTRATION
|
| 123 |
|
|
AMARJIT SINGH
|
|
|
|
JAMES HOTELS LTD.
|
|
DID NOT MAKE PUBLIC ANNOUNCEMENT IN MATTER OF ACQUISITION OF SHARES OF JAMES HOTELS LTD.
|
IMPOSED PENALTY RS.1,50,000 ALONG WITH OTHER ENTITIES/PERSONS
23-JUN-2008
|
|
| 124 |
|
|
AMBAR PATEL
|
|
|
|
SHILP GRAVURES LTD.
|
|
DID NOT MAKE PUBLIC ANNOUNCEMENT IN MATTER OF ACQUIRED 1290323 SHARES OF SHILP GRAVURES LTD. MAKING TOTAL SHARE HOLDING FROM 52.44% TO 60.04%
|
DIRECTED ACQUIRER TO MAKE PUBLIC OFFER
08-SEP-2008
|
|
| 125 |
|
|
AMISH R.JAITHA
|
|
|
ALLEGED FAILURE IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGE IN SHAREHOLDING TO COMPANY AS REQUIRED UNDER REGULATIONS 6(1), 6(3) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF MULTIFARIOUS TRADING & AGENCIES LTD. (NOW KNOWN AS KRISHNA VENTURES LTD.)
ALLEGED FAILURE IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGE IN SHAREHOLDING TO COMPANY AS REQUIRED UNDER REGULATIONS 8(1) & 8(2) OF SEBI TAKEOVER CODE, 1997 FOR YEARS 1998 TO 2005 IN MATTER OF MULTIFARIOUS TRADING & AGENCIES LTD. (NOW KNOWN AS KRISHNA VENTURES LTD.)
ALLEGED FAILURE IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGE IN SHAREHOLDING TO COMPANY AND STOCK EXCHNAGES AS REQUIRED UNDER REGULATIONS 7(1A) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF MULTIFARIOUS TRADING & AGENCIES LTD. (NOW KNOWN AS KRISHNA VENTURES LTD.)
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.5,50,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
25-APR-2011
|
|
| 126 |
|
|
AMISHI DHANUKA
|
|
|
ALLEGED FAILURE IN MAKING OPEN OFFER AS REQUIRED UNDER REGULATION 11(2) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF I G PETROCHEMICALS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.21,25,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
23-JUN-2015
|
|
| 127 |
|
|
AMIT CHOKSEY
(PAN:AAAPC7244G)
|
|
|
ALLEGED DELAY IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND/OR STOCK EXCHANGES AS REQUIRED UNDER REGULATIONS 3(4) AND 7(1A) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF SUNSHIELD CHEMICALS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.11,37,404 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
29-JAN-2018
|
|
| 128 |
|
|
AMIT MAHIPAL GUPTA
(PAN:ABIPG1418R)
|
|
|
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY IN STIPULATED TIME AS REQUIRED UNDER REGULATIONS 6(3) AND 8(2) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF AUTOLITE (INDIA) LTD.
DID NOT MAKE PUBLIC ANNOUNCEMENT AS REQUIRED UNDER REGULATION 10 OF SEBI TAKEOVER CODE, 1997 IN MATTER OF AUTOLITE (INDIA) LTD.
|
IMPOSED PENALTY RS.8,00,000 ALONG WITH OTHER ENTITIES/PERSONS
26-APR-2012
|
|
| 129 |
|
|
AMIT MAHIPAL GUPTA
(PAN:ABIPG1418R)
|
|
|
DID NOT MAKE PUBLIC ANNOUNCEMENT AS REQUIRED UNDER REGULATION 11(1) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF AUTOLITE INDIA LTD.
|
IMPOSED PENALTY RS.10,00,000 ALONG WITH OTHER ENTITIES/PERSONS
31-MAY-2011
|
|
| 130 |
|
|
AMIT NAGINBHAI SHAH
(PAN:ALWPS7903F)
|
|
|
INDULGED IN ALLOTMENT OF EQUITY SHARES UNDER PREFERENTIAL ISSUE WITHOUT RECEIPT OF FULL CONSIDERATION/ALLOTMENT MONEY IN MATTER OF SOMPLAST LEATHER INDUSTRIES LTD.
DID NOT MAKE PUBLIC ANNOUNCEMENT AS REQUIRED UNDER REGULATIONS 9 AND 13 OF SEBI TAKEOVER CODE, 1994 READ WITH REGULATIONS 44, 47(2) (A) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF SOMPLAST LEATHER INDUSTRIES LTD.
|
PROHIBITED FROM RAISING MONEY FROM PUBLIC FROM 25-JAN-2016 TO 24-JAN-2021
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 25-JAN-2016 TO 24-JAN-2021
DIRECTED TO FREEZE ALL DEMAT ACCOUNTS WHEREIN EQUITY SHARES ALLOTTED UNDER PREFERENTIAL OFFER WERE LYING
RESTRAINED PREFERENTIAL ALLOTTEES FROM EXERCISING ANY VOTING RIGHTS (THROUGH NOMINEE OR PROXY) OR OTHER RIGHTS ATTACHED TO SHARES ACQUIRED AND HELD IN PREFERENTIAL ALLOTMENT FROM 25-JAN-2016 TO 24-JAN-2021
25-JAN-2016
|
|
| 131 |
|
|
AMIT PANDYA
|
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED TRANSACTIONS IN SCRIP OF ADVIK LABORATORIES LTD.
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO STOCK EXCHANGES AS REQUIRED UNDER REGULATIONS 7(1) AND 7(2) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF ADVIK LABORATORIES LTD.
|
IMPOSED PENALTY RS.5,00,000
30-NOV-2010
|
|
| 132 |
|
|
AMIT RAI
|
|
|
|
INFORMATION TECHNOLOGIES (INDIA) LTD.
CIN:U65910UP1994PLC017049
PAN:AAACI1891E
|
|
DID NOT DESPATCH SHARE CERTIFICATES AFTER ALLOTMENT AND/OR TRANSFER WITHIN STIPULATED PERIOD
VIOLATED REGULATIONS 4(A) TO 4(E) OF SEBI (PFUTP) REGULATIONS, 1995
VIOLATED REGULATION 6(D) OF SEBI (PFUTP) REGULATIONS, 1995
DEALT IN SECURITIES VIOLATING REGULATION 4 OF SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 1992
VIOLATED SECTION 11 (2) OF SEBI TAKEOVER CODE, 1997
|
PROSECUTION LAUNCHED
15-MAY-2006
|
CASE DISMISSED BY COURT. REVISION PETITION FILED BY SEBI IS PENDING BEFORE THE ADDITIONAL SESSIONS JUDGE, DELHI
|
| 133 |
|
|
AMIT SANGHI
|
|
|
ALLEGED FAILURE IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO STOCK EXCHANGES AS REQUIRED UNDER REGULATION 3(3) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF ACQUISITION OF 22.35% SHARES OF SANGHI INDUSTRIES LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,00,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
12-NOV-2008
|
|
| 134 |
|
|
AMIT Y.AGRAWAL
(PAN:AEFPA6451G)
|
|
|
DELAY IN MAKING DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND STOCK EXCHANGES AS REQUIRED UNDER REGULATIONS 7(1) READ WITH 7(2) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF JINDAL WORLDWIDE LTD.
|
IMPOSED PENALTY RS.50,000
25-NOV-2019
|
|
| 135 |
|
|
AMITA H.SHAH
|
|
|
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO STOCK EXCHANGES AND COMPANY AS REQUIRED UNDER REGULATIONS 7(1) AND 7(2) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF EMPOWER INDUSTRIES (INDIA) LTD.
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AS REQUIRED UNDER REGULATIONS 13(1),13(3) AND 13(5) OF SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 1992 IN MATTER OF EMPOWER INDUSTRIES (INDIA) LTD.
|
IMPOSED PENALTY RS.1,50,000 ALONG WITH OTHER ENTITIES/PERSONS
31-AUG-2012
|
|
| 136 |
|
|
AMITAVA DATTA
|
|
|
|
ALAKNANDA MANUFACTURING & FINANCE LTD.
|
|
VIOLATED SECTION 24 OF SEBI ACT, 1992
VIOLATED SEBI TAKEOVER CODE, 1997
|
PROSECUTION LAUNCHED
15-MAY-2006
|
|
| 137 |
|
|
AMOL BHAGWATI
(PAN:AETPB0113L)
|
|
|
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AND STOCK EXCHANGES AS REQUIRED UNDER REGULATION 7(1) READ WITH 7(2) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF STOVEC INDUSTRIES LTD.
DID NOT MAKE DISCLOSURE OF SHAREHOLDING/CHANGES IN SHAREHOLDING TO COMPANY AS REQUIRED UNDER REGULATION 8(2) OF SEBI TAKEOVER CODE, 1997 IN MATTER OF STOVEC INDUSTRIES LTD.
|
IMPOSED PENALTY RS.50,000 ALONG WITH OTHER ENTITIES/PERSONS
29-JUN-2012
|
|
| 138 |
|
|
AMOL J.SHAH
|
|
|
DID NOT ADHERE TO SEBI TAKEOVER REGULATIONS, 1997
|
IMPOSED PENALTY RS.4,00,000
13-JUL-2000
|
SAT: IMPUGNED ORDER SET ASIDE AND APPEAL ALLOWED
|
| 139 |
|
|
AMOL KUMAR
|
|
|
ALLEGED FAILURE IN MAKING PUBLIC ANNOUNCEMENT AS REQUIRED UNDER REGULATION 11(1) READ WITH 14 OF SEBI TAKEOVER CODE, 1997 IN MATTER OF RAMA PAPER MILLS LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.21,25,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
30-JUN-2016
|
|
| 140 |
|
|
AMRISH PUROHIT
|
|
|
DID NOT ADHERE TO SEBI TAKEOVER REGULATIONS, 1997
|
IMPOSED PENALTY RS.50,000 ALONG WITH OTHER ENTITIES/PERSONS
27-AUG-2002
|
SAT: IMPUGNED ORDER MODIFIED BY REDUCING PENALTY AMOUNT TO RS.20,000 FROM RS.50,000
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 7 of 148
|
