| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
ABHISHEK PATEL
(PAN:BJZPP1953J)
|
|
|
|
PINNACLE MARKET INVESTMENT ADVISORY PVT.LTD.
PAN:AAICP3799C
|
|
DELAY IN FURNISHING DETAILS OF APPOINTMENT OF NEW DIRECTOR
MISREPRESENTED RISK PROFILE OF CLIENTS
DID NOT FAIR AND TRANSPARENT IN DEALING WITH CLIENTS REGARDING FEE CHARGED
PROMISED ASSURED/GUARANTEE RETURNS/PROFITS TO CLIENTS
DID NOT ADHERE TO SEBI DIRECTIONS WITH RESPECT TO INSPECTION OF BOOKS OF ACCOUNTS/RECORDS AND OTHER DOCUMENT PERTAINING TO REGISTRATION
EXECUTED UNAUTHORISED TRANSACTIONS IN CLIENTS’ ACCOUNTS
DID NOT REDRESS INVESTOR COMPLAINTS
|
DIRECTED TO RESOLVE ALL PENDING COMPLAINTS
RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM FROM 25-JAN-2023 TO 24-JAN-2026
ALLOWED BANKS TO DEBIT FOR THE PURPOSE OF MAKING REFUNDS TO CLIENTS/INVESTORS/COMPLAINANTS
DIRECTED TO SUBMIT COMPLETION REPORT OF REPAYMENT TO SEBI CERTIFIED BY INDEPENDENT CHARTERED ACCOUNTANT
PROHIBITED FROM ISSUING PROSPECTUS OR ANY OFFER DOCUMENT, OR ISSUE ADVERTISEMENT FOR SOLICITING MONEY FROM PUBLIC FOR ISSUE OF SECURITIES IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 25-JAN-2023 TO 24-JAN-2026
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 25-JAN-2023 TO 24-JAN-2026
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 25-JAN-2023 TO 24-JAN-2026
IMPOSED PENALTY RS.1,00,000
25-JAN-2023
|
SAT: SAT VIDE ITS ORDER DATED 12/04/2023 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 13/06/2023 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 06/09/2023 PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY AMOUNT TO RS.2 LAC FROM RS.5 LAC
|
| 2 |
|
|
CHIRAG PUJARA
|
|
|
EXECUTED TRADES IN THE NAME OF OTHER CLIENT CODE
ACTED IN CONCERT TO MANIPULATE SCRIP OF RADAAN MEDIAWORKS INDIA LTD. THROUGH REVERSAL OF TRADE TRANSACTIONS/SYNCHRONIZED DEALS
|
IMPOSED PENALTY RS.10,00,000
24-MAY-2006
|
SAT: APPEAL PARTLY ALLOWED AND PENALTY AMOUNT REDUCED TO RS.5,00,000 FROM RS.10,00,000
|
| 3 |
|
|
J.R.DESAI
|
|
|
|
AXEL POLYMERS LTD.
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH REVERSAL OF TRADE TRANSACTIONS IN SCRIP OF AXEL POLYMERS LTD.
DEALT WITH UN-REGISTERED SUB-BROKERS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 15-DEC-2009 TO 14-DEC-2010
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 15-DEC-2009 TO 14-DEC-2010
15-DEC-2009
|
|
| 4 |
|
|
JAYANT N.PAREKH
|
|
|
INDULGED IN PRICE MANIPULATION IN SCRIP OF HFCL, ZEE, ADANI, GTL, RANBAXY, SAB TV, SHONKH, PADMINI (FORMERLY PADMINI POLYMERS LTD.) AND AFTEK WITH KP ENTITIES
INDULGED IN MANIPULATIVE ACTIVITIES LIKE SYNCHRONIZED TRADING
FINANCED TRANSACTIONS TO GIVE SEMBLANCE OF PURCHASE AND SALE OF SHARES AT THE EXCHANGES
INDULGED IN CIRCULAR TRADING
CREATED ARTIFICIAL MARKET
BENCHMARKED PRICES OF CERTAIN SCRIPS BY EXECUTING NON-GENUINE TRANSACTIONS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 12-NOV-2007 TO 11-NOV-2008
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 12-NOV-2007 TO 11-NOV-2008
12-NOV-2007
|
SAT: APPEAL DISMISSED AS WITHDRAWN
|
| 5 |
|
|
KARTIK KIRTIKUMAR PAREKH
(DIN:00009502)
|
|
|
|
CLASSIC CREDIT LTD.
|
|
|
CLASSIC INFIN LTD.
|
|
|
PANTHER FINCAP & MANAGEMENT SERVICES LTD.
PAN:AAACP3045P
|
|
|
PANTHER INVESTRADE LTD.
PAN:AAACP3259R
|
|
|
SAIMANGAL INVESTRADE LTD.
PAN:AABCS4255R
|
|
INDULGED IN PRICE MANIPULATION IN SCRIP OF HFCL, ZEE, ADANI, GTL, RANBAXY, SAB TV, SHONKH, PADMINI (FORMERLY PADMINI POLYMERS LTD.) AND AFTEK WITH KP ENTITIES
INDULGED IN MANIPULATIVE ACTIVITIES LIKE SYNCHRONIZED TRADING
FINANCED TRANSACTIONS TO GIVE SEMBLANCE OF PURCHASE AND SALE OF SHARES AT THE EXCHANGES
INDULGED IN CIRCULAR TRADING
CREATED ARTIFICIAL MARKET
BENCHMARKED PRICES OF CERTAIN SCRIPS BY EXECUTING NON-GENUINE TRANSACTIONS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 12-DEC-2003 TO 11-DEC-2017
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 12-DEC-2003 TO 11-DEC-2017
12-DEC-2003
|
SAT: SAT VIDE ITS ORDER DATED 08/04/2022 DISPOSED OFF THE APPEAL BY DIRECTING SEBI TO CONSIDER AND DECIDE REPRESENTATION OF THE APPELLANT AND PASS APPROPRIATE ORDER WITHIN TWO WEEKS FROM DATE OF THIS ORDER
|
| 6 |
|
|
KETAN VINAYCHANDRA PAREKH
(DIN:00009468
PAN:AADPP1505A)
|
|
|
|
CHITRAKUT COMPUTERS PVT.LTD.
PAN:AABCC1122B
|
|
|
CLASSIC CREDIT LTD.
|
|
|
CLASSIC INFIN LTD.
|
|
|
LUMINANT INVESTMENTS PVT.LTD.
PAN:AAACL0834A
|
|
|
PANTHER FINCAP & MANAGEMENT SERVICES LTD.
PAN:AAACP3045P
|
|
|
PANTHER INVESTRADE LTD.
PAN:AAACP3259R
|
|
|
SAIMANGAL INVESTRADE LTD.
PAN:AABCS4255R
|
|
INDULGED IN PRICE MANIPULATION IN SCRIP OF HFCL, ZEE, ADANI, GTL, RANBAXY, SAB TV, SHONKH, PADMINI (FORMERLY PADMINI POLYMERS LTD.) AND AFTEK WITH KP ENTITIES
INDULGED IN MANIPULATIVE ACTIVITIES LIKE SYNCHRONIZED TRADING
FINANCED TRANSACTIONS TO GIVE SEMBLANCE OF PURCHASE AND SALE OF SHARES AT THE EXCHANGES
INDULGED IN CIRCULAR TRADING
CREATED ARTIFICIAL MARKET
BENCHMARKED PRICES OF CERTAIN SCRIPS BY EXECUTING NON-GENUINE TRANSACTIONS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 12-DEC-2003 TO 11-DEC-2017
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 12-DEC-2003 TO 11-DEC-2017
12-DEC-2003
|
SAT: SAT VIDE ITS ORDER DATED 08/04/2022 DISPOSED OFF THE APPEAL BY DIRECTING SEBI TO CONSIDER AND DECIDE REPRESENTATION OF THE APPELLANT AND PASS APPROPRIATE ORDER WITHIN TWO WEEKS FROM DATE OF THIS ORDER
|
| 7 |
|
|
KIRTIKUMAR NARBHERAM PAREKH
(DIN:00009494)
|
|
|
INDULGED IN PRICE MANIPULATION IN SCRIP OF HFCL, ZEE, ADANI, GTL, RANBAXY, SAB TV, SHONKH, PADMINI (FORMERLY PADMINI POLYMERS LTD.) AND AFTEK WITH KP ENTITIES
INDULGED IN MANIPULATIVE ACTIVITIES LIKE SYNCHRONIZED TRADING
FINANCED TRANSACTIONS TO GIVE SEMBLANCE OF PURCHASE AND SALE OF SHARES AT THE EXCHANGES
INDULGED IN CIRCULAR TRADING
CREATED ARTIFICIAL MARKET
BENCHMARKED PRICES OF CERTAIN SCRIPS BY EXECUTING NON-GENUINE TRANSACTIONS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 12-NOV-2007 TO 11-NOV-2008
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 12-NOV-2007 TO 11-NOV-2008
12-NOV-2007
|
|
| 8 |
|
|
MUKESH CHOKSI
|
|
|
|
MUKESH M.CHOKSI & CO.
|
|
ENTERED INTO CERTAIN FICTITIOUS TRANSACTIONS IN SHARES OF RASHEL AGROTECH LTD. WITH NEMIRAJ BALLSON
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 21-JUL-2004 TO 20-OCT-2004
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 21-JUL-2004 TO 20-OCT-2004
21-JUL-2004
|
|
| 9 |
|
|
NAVINCHANDRA NARBHERAM PAREKH
(DIN:00009547)
|
|
|
INDULGED IN PRICE MANIPULATION IN SCRIP OF HFCL, ZEE, ADANI, GTL, RANBAXY, SAB TV, SHONKH, PADMINI (FORMERLY PADMINI POLYMERS LTD.) AND AFTEK WITH KP ENTITIES
INDULGED IN MANIPULATIVE ACTIVITIES LIKE SYNCHRONIZED TRADING
FINANCED TRANSACTIONS TO GIVE SEMBLANCE OF PURCHASE AND SALE OF SHARES AT THE EXCHANGES
INDULGED IN CIRCULAR TRADING
CREATED ARTIFICIAL MARKET
BENCHMARKED PRICES OF CERTAIN SCRIPS BY EXECUTING NON-GENUINE TRANSACTIONS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 12-NOV-2007 TO 11-NOV-2008
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 12-NOV-2007 TO 11-NOV-2008
12-NOV-2007
|
|
| 10 |
|
|
PARUL SAHU
(PAN:CTSPS2698F)
|
|
|
|
PINNACLE MARKET INVESTMENT ADVISORY PVT.LTD.
PAN:AAICP3799C
|
|
DELAY IN FURNISHING DETAILS OF APPOINTMENT OF NEW DIRECTOR
MISREPRESENTED RISK PROFILE OF CLIENTS
DID NOT FAIR AND TRANSPARENT IN DEALING WITH CLIENTS REGARDING FEE CHARGED
PROMISED ASSURED/GUARANTEE RETURNS/PROFITS TO CLIENTS
DID NOT ADHERE TO SEBI DIRECTIONS WITH RESPECT TO INSPECTION OF BOOKS OF ACCOUNTS/RECORDS AND OTHER DOCUMENT PERTAINING TO REGISTRATION
EXECUTED UNAUTHORISED TRANSACTIONS IN CLIENTS’ ACCOUNTS
DID NOT REDRESS INVESTOR COMPLAINTS
|
DIRECTED TO RESOLVE ALL PENDING COMPLAINTS
RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM FROM 25-JAN-2023 TO 24-JAN-2026
ALLOWED BANKS TO DEBIT FOR THE PURPOSE OF MAKING REFUNDS TO CLIENTS/INVESTORS/COMPLAINANTS
DIRECTED TO SUBMIT COMPLETION REPORT OF REPAYMENT TO SEBI CERTIFIED BY INDEPENDENT CHARTERED ACCOUNTANT
PROHIBITED FROM ISSUING PROSPECTUS OR ANY OFFER DOCUMENT, OR ISSUE ADVERTISEMENT FOR SOLICITING MONEY FROM PUBLIC FOR ISSUE OF SECURITIES IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 25-JAN-2023 TO 24-JAN-2026
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 25-JAN-2023 TO 24-JAN-2026
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 25-JAN-2023 TO 24-JAN-2026
IMPOSED PENALTY RS.1,00,000
25-JAN-2023
|
SAT: SAT VIDE ITS ORDER DATED 12/04/2023 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 13/06/2023 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT VIDE ITS ORDER DATED 06/09/2023 PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY AMOUNT TO RS.2 LAC FROM RS.5 LAC
SEBI VIDE ITS NOTICE DATED 19/02/2025 DIRECTED TO PAY RS.1,27,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 13/03/2025 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 NOTICE DATED 07/07/2025 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.1,32,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEE TO SEBI BY WAY OF EFT/NEFT/RTG
SEBI VIDE ITS NOTICE DATED 14/08/2025 ALLOWED THE APPEAL AND 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 13/03/2025
SEBI VIDE ITS ORDER DATED 14/08/2025 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.8639 OF 2025 DATED 19/02/2025
|
| 11 |
|
|
SATYANARAYAN AGARWAL
|
|
|
|
PRAGYA ENTERPRISES
|
|
TRANSACTED AT A RATE HIGHER THAN BOOK VALUE
|
DIRECTED TO DEPOSIT PROCEEDS OF TRANSACTION IN AN ESCROW ACCOUNT
DIRECTED TO TAKE PRIOR APPROVAL OF SEBI FOR DEALING WITH ESCROW ACCOUNT
24-AUG-2005
|
SAT: DIRECTED TO DEPOSIT AMOUNT LEFT WITH SELLERS IN ESCROW ACCOUNT TILL SEBI PASSES FINAL ORDER AND DIRECTED SEBI NOT TO COMMENCE ANY ADJUDICATION PROCEEDINGS
INITIATED ADJUDICATION PROCEEDINGS FOR NON COMPLIANCE OF INTERIM ORDER DATED 19/08/2005
HON''BLE COURT VIDE ORDER DATED 15/12/2008 VACATED ALL INTERIM ORDERS PASSED BY SEBI, HENCE ADJUDICATION PROCEEDINGS AGAINST THE NOTICEE BECOME INFRUCTUOUS, DISPOSED OFF ACCORDINGLY
|
| 12 |
|
|
SATYANARAYAN AGARWAL
|
|
|
|
BHORUKA FINANCIAL SERVICES LTD.
|
|
TRANSACTED AT A RATE HIGHER THAN BOOK VALUE
|
DIRECTED TO DEPOSIT PROCEEDS OF TRANSACTION IN AN ESCROW ACCOUNT
DIRECTED TO TAKE PRIOR APPROVAL OF SEBI FOR DEALING WITH ESCROW ACCOUNT
19-AUG-2005
|
SAT: DIRECTED TO DEPOSIT AMOUNT LEFT WITH SELLERS IN ESCROW ACCOUNT TILL SEBI PASSES FINAL ORDER AND DIRECTED SEBI NOT TO COMMENCE ANY ADJUDICATION PROCEEDINGS
INITIATED ADJUDICATION PROCEEDINGS FOR NON COMPLIANCE OF INTERIM ORDER DATED 19/08/2005
HON''BLE COURT VIDE ORDER DATED 15/12/2008 VACATED ALL INTERIM ORDERS PASSED BY SEBI, HENCE ADJUDICATION PROCEEDINGS AGAINST THE NOTICEE BECOME INFRUCTUOUS, DISPOSED OFF ACCORDINGLY
|
| 13 |
|
|
SHEKHAR MISHRA
(PAN:BSFPM5761E)
|
|
|
|
PINNACLE MARKET INVESTMENT ADVISORY PVT.LTD.
PAN:AAICP3799C
|
|
DELAY IN FURNISHING DETAILS OF APPOINTMENT OF NEW DIRECTOR
MISREPRESENTED RISK PROFILE OF CLIENTS
DID NOT FAIR AND TRANSPARENT IN DEALING WITH CLIENTS REGARDING FEE CHARGED
PROMISED ASSURED/GUARANTEE RETURNS/PROFITS TO CLIENTS
DID NOT ADHERE TO SEBI DIRECTIONS WITH RESPECT TO INSPECTION OF BOOKS OF ACCOUNTS/RECORDS AND OTHER DOCUMENT PERTAINING TO REGISTRATION
EXECUTED UNAUTHORISED TRANSACTIONS IN CLIENTS’ ACCOUNTS
DID NOT REDRESS INVESTOR COMPLAINTS
|
DIRECTED TO RESOLVE ALL PENDING COMPLAINTS
RESTRAINED FROM SELLING ASSETS, PROPERTIES AND HOLDING OF MUTUAL FUNDS/SHARES/SECURITIES HELD IN DEMAT AND PHYSICAL FORM FROM 25-JAN-2023 TO 24-JAN-2026
ALLOWED BANKS TO DEBIT FOR THE PURPOSE OF MAKING REFUNDS TO CLIENTS/INVESTORS/COMPLAINANTS
DIRECTED TO SUBMIT COMPLETION REPORT OF REPAYMENT TO SEBI CERTIFIED BY INDEPENDENT CHARTERED ACCOUNTANT
PROHIBITED FROM ISSUING PROSPECTUS OR ANY OFFER DOCUMENT, OR ISSUE ADVERTISEMENT FOR SOLICITING MONEY FROM PUBLIC FOR ISSUE OF SECURITIES IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 25-JAN-2023 TO 24-JAN-2026
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 25-JAN-2023 TO 24-JAN-2026
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 25-JAN-2023 TO 24-JAN-2026
IMPOSED PENALTY RS.1,00,000
25-JAN-2023
|
SAT: SAT VIDE ITS ORDER DATED 12/04/2023 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS FROM DATE OF THIS ORDER AND REJOINDER TO BE FILED THREE WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 13/06/2023 ALLOWED APPELLANT THREE WEEKS TO FILE REJOINDER
SAT VIDE ITS ORDER DATED 06/09/2023 PARTLY ALLOWED THE APPEAL BY REDUCING PENALTY AMOUNT TO RS.2 LAC FROM RS.5 LAC
SEBI VIDE ITS NOTICE DATED 19/02/2025 DIRECTED TO PAY RS.1,27,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 27/02/2025 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.8637 OF 2025 DATED 19/02/2025
|
| 14 |
|
|
SIDDHARTHA AGARWAL
|
|
|
|
BHORUKA FINANCIAL SERVICES LTD.
|
|
TRANSACTED AT A RATE HIGHER THAN BOOK VALUE
|
DIRECTED TO DEPOSIT PROCEEDS OF TRANSACTION IN AN ESCROW ACCOUNT
DIRECTED TO TAKE PRIOR APPROVAL OF SEBI FOR DEALING WITH ESCROW ACCOUNT
19-AUG-2005
|
SAT: DIRECTED TO DEPOSIT AMOUNT LEFT WITH SELLERS IN ESCROW ACCOUNT TILL SEBI PASSES FINAL ORDER AND DIRECTED SEBI NOT TO COMMENCE ANY ADJUDICATION PROCEEDINGS
INITIATED ADJUDICATION PROCEEDINGS FOR NON COMPLIANCE OF INTERIM ORDER DATED 19/08/2005
HON''BLE COURT VIDE ORDER DATED 15/12/2008 VACATED ALL INTERIM ORDERS PASSED BY SEBI, HENCE ADJUDICATION PROCEEDINGS AGAINST THE NOTICEE BECOME INFRUCTUOUS, DISPOSED OFF ACCORDINGLY
|
| 15 |
|
|
UMAH AGARWAL
|
|
|
|
BHORUKA FINANCIAL SERVICES LTD.
|
|
TRANSACTED AT A RATE HIGHER THAN BOOK VALUE
|
DIRECTED TO DEPOSIT PROCEEDS OF TRANSACTION IN AN ESCROW ACCOUNT
DIRECTED TO TAKE PRIOR APPROVAL OF SEBI FOR DEALING WITH ESCROW ACCOUNT
19-AUG-2005
|
SAT: DIRECTED TO DEPOSIT AMOUNT LEFT WITH SELLERS IN ESCROW ACCOUNT TILL SEBI PASSES FINAL ORDER AND DIRECTED SEBI NOT TO COMMENCE ANY ADJUDICATION PROCEEDINGS
INITIATED ADJUDICATION PROCEEDINGS FOR NON COMPLIANCE OF INTERIM ORDER DATED 19/08/2005
HON''BLE COURT VIDE ORDER DATED 15/12/2008 VACATED ALL INTERIM ORDERS PASSED BY SEBI, HENCE ADJUDICATION PROCEEDINGS AGAINST THE NOTICEE BECOME INFRUCTUOUS, DISPOSED OFF ACCORDINGLY
|
| 16 |
|
|
UMAH AGARWAL
|
|
|
|
PRAGYA ENTERPRISES
|
|
TRANSACTED AT A RATE HIGHER THAN BOOK VALUE
|
DIRECTED TO DEPOSIT PROCEEDS OF TRANSACTION IN AN ESCROW ACCOUNT
DIRECTED TO TAKE PRIOR APPROVAL OF SEBI FOR DEALING WITH ESCROW ACCOUNT
24-AUG-2005
|
SAT: DIRECTED TO DEPOSIT AMOUNT LEFT WITH SELLERS IN ESCROW ACCOUNT TILL SEBI PASSES FINAL ORDER AND DIRECTED SEBI NOT TO COMMENCE ANY ADJUDICATION PROCEEDINGS
INITIATED ADJUDICATION PROCEEDINGS FOR NON COMPLIANCE OF INTERIM ORDER DATED 19/08/2005
HON''BLE COURT VIDE ORDER DATED 15/12/2008 VACATED ALL INTERIM ORDERS PASSED BY SEBI, HENCE ADJUDICATION PROCEEDINGS AGAINST THE NOTICEE BECOME INFRUCTUOUS, DISPOSED OFF ACCORDINGLY
|
| 17 |
|
|
VIPUL DINESH PAREKH
|
|
|
INDULGED IN PRICE MANIPULATION IN SCRIP OF HFCL, ZEE, ADANI, GTL, RANBAXY, SAB TV, SHONKH, PADMINI (FORMERLY PADMINI POLYMERS LTD.) AND AFTEK WITH KP ENTITIES
INDULGED IN MANIPULATIVE ACTIVITIES LIKE SYNCHRONIZED TRADING
FINANCED TRANSACTIONS TO GIVE SEMBLANCE OF PURCHASE AND SALE OF SHARES AT THE EXCHANGES
INDULGED IN CIRCULAR TRADING
CREATED ARTIFICIAL MARKET
BENCHMARKED PRICES OF CERTAIN SCRIPS BY EXECUTING NON-GENUINE TRANSACTIONS
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 12-NOV-2007 TO 11-NOV-2008
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 12-NOV-2007 TO 11-NOV-2008
12-NOV-2007
|
SAT: APPEAL DISMISSED AS WITHDRAWN
|
| 18 |
|
|
VIVEEK AGARWAL
|
|
|
|
PRAGYA ENTERPRISES
|
|
TRANSACTED AT A RATE HIGHER THAN BOOK VALUE
|
DIRECTED TO DEPOSIT PROCEEDS OF TRANSACTION IN AN ESCROW ACCOUNT
DIRECTED TO TAKE PRIOR APPROVAL OF SEBI FOR DEALING WITH ESCROW ACCOUNT
24-AUG-2005
|
SAT: DIRECTED TO DEPOSIT AMOUNT LEFT WITH SELLERS IN ESCROW ACCOUNT TILL SEBI PASSES FINAL ORDER AND DIRECTED SEBI NOT TO COMMENCE ANY ADJUDICATION PROCEEDINGS
INITIATED ADJUDICATION PROCEEDINGS FOR NON COMPLIANCE OF INTERIM ORDER DATED 19/08/2005
HON''BLE COURT VIDE ORDER DATED 15/12/2008 VACATED ALL INTERIM ORDERS PASSED BY SEBI, HENCE ADJUDICATION PROCEEDINGS AGAINST THE NOTICEE BECOME INFRUCTUOUS, DISPOSED OFF ACCORDINGLY
|
| 19 |
|
|
VIVEEK AGARWAL
|
|
|
|
BHORUKA FINANCIAL SERVICES LTD.
|
|
TRANSACTED AT A RATE HIGHER THAN BOOK VALUE
|
DIRECTED TO DEPOSIT PROCEEDS OF TRANSACTION IN AN ESCROW ACCOUNT
DIRECTED TO TAKE PRIOR APPROVAL OF SEBI FOR DEALING WITH ESCROW ACCOUNT
19-AUG-2005
|
SAT: DIRECTED TO DEPOSIT AMOUNT LEFT WITH SELLERS IN ESCROW ACCOUNT TILL SEBI PASSES FINAL ORDER AND DIRECTED SEBI NOT TO COMMENCE ANY ADJUDICATION PROCEEDINGS
INITIATED ADJUDICATION PROCEEDINGS FOR NON COMPLIANCE OF INTERIM ORDER DATED 19/08/2005
HON''BLE COURT VIDE ORDER DATED 15/12/2008 VACATED ALL INTERIM ORDERS PASSED BY SEBI, HENCE ADJUDICATION PROCEEDINGS AGAINST THE NOTICEE BECOME INFRUCTUOUS, DISPOSED OFF ACCORDINGLY
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
