| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
AMUL GAGABHAI DESAI
(PAN:AHDPD3526G)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL VOLUME AND PRICE MANIPULATION THROUGH MATCHED TRANSACTION IN SCRIP OF PARICHAY INVESTMENTS LTD.
INDULGED IN CREATION OF ARTIFICIAL VOLUME AND PRICE MANIPULATION THROUGH SELF-TRADES IN SCRIP OF PARICHAY INVESTMENTS LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 01-SEP-2019 TO 31-AUG-2024
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 01-SEP-2019 TO 31-AUG-2024
DIRECTED NOT TO BE ASSOCIATED WITH ANY LISTED COMPANY OR COMPANY PROPOSING TO LIST, OR ANY REGISTERED INTERMEDIARY, WHETHER IN CAPACITY OF DIRECTIOR, KEY MANAGEMENT PERSONNEL OR PARTNER FROM 01-SEP-2019 TO 31-AUG-2024
05-AUG-2019
|
|
| 2 |
|
|
ARIF GULAM MUSTUFA SHAIKH
(PAN:CKZPS8073E)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL VOLUME AND PRICE MANIPULATION THROUGH MATCHED TRANSACTION IN SCRIP OF PARICHAY INVESTMENTS LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 01-SEP-2019 TO 31-AUG-2024
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 01-SEP-2019 TO 31-AUG-2024
DIRECTED NOT TO BE ASSOCIATED WITH ANY LISTED COMPANY OR COMPANY PROPOSING TO LIST, OR ANY REGISTERED INTERMEDIARY, WHETHER IN CAPACITY OF DIRECTIOR, KEY MANAGEMENT PERSONNEL OR PARTNER FROM 01-SEP-2019 TO 31-AUG-2024
05-AUG-2019
|
|
| 3 |
|
|
ARVIND BABULAL GOYAL
(DIN:03146099
PAN:ACIPG0193J)
|
|
|
|
INCAP FINANCIAL SERVICES LTD.
CIN:U45400GJ1994PLC021722
PAN:AABCI0538B
|
|
INDULGED IN CREATION OF ARTIFICIAL MARKET AND PRICE MANIPULATION THROUGH SYNCHRONIZED, SELF AND REVERSAL OF TRADES TRANSACTIONS IN SCRIP OF INCAP FINANCIAL SERVICES LTD.
|
DIRECTED TO DISGORGE RS.7,08,51,405
DIRECTED NOT TO DISPOSE OF OR ALIENATE ANY OF THEIR ASSETS / PROPERTIES / SECURITIES, TILL SUCH TIME UNLAWFUL GAINS ARE CREDITED TO ESCROW ACCOUNT
DIRECTED TO PROVIDE FULL INVENTORY OF ASSETS OWNED BY COMPANY
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 23-OCT-2019 TO 22-OCT-2023
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 23-OCT-2019 TO 22-OCT-2023
DIRECTED NOT TO BE ASSOCIATED WITH ANY LISTED COMPANY OR COMPANY PROPOSING TO LIST, OR ANY REGISTERED INTERMEDIARY, WHETHER IN CAPACITY OF DIRECTIOR, KEY MANAGEMENT PERSONNEL OR PARTNER FROM 23-OCT-2019 TO 22-OCT-2023
20-OCT-2015
|
SEBI VIDE ITS ORDER DATED 23/10/2019 A) DIRECTED NOT TO ACCESS SECURITIES MARKET OR BUY, SELL OR OTHERWISE DEAL IN SECURITIES MARKET, EITHER DIRECTLY OR INDIRECTLY FOR FOUR YEARS FROM DATE OF THIS ORDER B) NOT TO ASSOCIATE HIMSELF WITH ANY LISTED COMPANY OR COMPANY PROPOSING TO LIST, OR ANY REGISTERED INTERMEDIARY, WHETHER IN THE CAPACITY OF A DIRECTOR, KEY MANAGEMENT PERSONNEL OR PARTNER (IN THE CASE OF A PARTNERSHIP FIRM) FOR FOUR YEARS FROM DATE OF THIS ORDER C) DISGORGE RS.7,08,51,405.00 BEING THE LOSS AVOIDED AS PER IMPOUNDING ORDER ALONG WITH INTEREST
SEBI VIDE ITS NOTICE DATED 24/08/2020 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
SAT: SAT VIDE ITS ORDER DATED 17/05/2021 ALLOWED APPELLANT THREE WEEKS FURTHER TIME TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 10/08/2021 ALLOWED APPELLANTS THREE WEEKS TIME TO FILE REJOINDER TO THE AMENDMENT APPLICATION
SEBI VIDE ITS ORDER DATED 07/10/2021 A) PROHIBITED FROM DISPOSING, TRANSFERRING, ALIENATING OR CHARGING IN RESPECT OF ALL THE IMMOVABLE AND MOVABLE 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 WITHIN ONE WEEK FROM THE DATE OF THIS ORDER D) COPIES OF THE ALL THE TITLE DEEDS, VALUATION REPORTS OF ALL THE PROPERTIES HELD BY DEFAULTER WITHIN TWO WEEKS FROM THE DATE OF THIS ORDER E) DIRECTED INSPECTORS GENERAL OF REGISTRATION OF MAHARASHTRA AND THE CONCERNED SUB-REGISTRARS OF THE RESPECTIVE AREAS WHERE THE PROPERTIES ARE LOCATED F) 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
SAT: SAT VIDE ITS ORDER DATED 16/12/2021 DISPOSED OFF MISC.APPLICATION AND ALLOWED AMENDMENT APPLICATION SUBJECT TO THE OBJECTION THAT RAISED BY THE RESPONDENT INCLUDING INTRODUCTION OF NEW DOCUMENTS AT THE TIME OF THE HEARING. AMENDED MEMO OF APPEAL MAY BE FILED WITHIN TWO WEEKS THEREAFTER
SAT: SAT VIDE ITS ORDER DATED 29/03/2022 ALLOWED RESPONDENT THREE WEEKS TO FILE REPLY OF THE AMENDED APPEAL AND APPELLANT TO FILE REJOINDER WITHIN THREE WEEKS THEREAFTER
SEBI VIDE ITS ORDER DATED 29/04/2022 DIRECTED ALL THE BANKS TO REMIT RS.8,08,69,913.12 TO THE EXTENT LYING IN THE ACCOUNT OF MR.ARVIND BABULAL GOYAL TO SEBI BY WAY OF EFT/NEFT/RTGS
SAT: SAT VIDE ITS ORDER DATED 30/10/2023 ALLOWED THE APPEAL AND SET ASIDE IMPUGNED ORDER DATED 23/10/2019
SEBI VIDE ITS NOTICE DATED 03/11/2023 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 24/08/2020
SEBI VIDE ITS NOTICE DATED 03/11/2023 CANCELLED RECOVERY CERTIFICATE AS PER SAT ORDER DATED 30/10/2023
SAT: SAT VIDE ITS ORDER DATED 18/10/2024 GRANTED APPELLANT THREE WEEKS TO FILE REPLY
SAT: SAT VIDE ITS ORDER DATED 15/10/2025 DISMISSED THE REVIEW APPLICATIONS. NO COSTS
|
| 4 |
|
|
DHIRENDRAKUMAR DHARAMDAS AGARWAL
(PAN:AAZPA8189K)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL VOLUME AND PRICE MANIPULATION THROUGH MATCHED TRANSACTION IN SCRIP OF PARICHAY INVESTMENTS LTD.
DID NOT MAKE PUBLIC ANNOUNCEMENT AS REQUIRED UNDER REGULATION 10 OF SEBI (SAST) REGULATIONS, 2011 IN MATTER OF PARICHAY INVESTMENTS LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 01-SEP-2019 TO 31-AUG-2024
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 01-SEP-2019 TO 31-AUG-2024
DIRECTED NOT TO BE ASSOCIATED WITH ANY LISTED COMPANY OR COMPANY PROPOSING TO LIST, OR ANY REGISTERED INTERMEDIARY, WHETHER IN CAPACITY OF DIRECTIOR, KEY MANAGEMENT PERSONNEL OR PARTNER FROM 01-SEP-2019 TO 31-AUG-2024
05-AUG-2019
|
|
| 5 |
|
|
KRUNAL GOPALDAS RANA
(PAN:AKMPR9961M)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL VOLUME AND PRICE MANIPULATION THROUGH MATCHED TRANSACTION IN SCRIP OF PARICHAY INVESTMENTS LTD.
INDULGED IN CREATION OF ARTIFICIAL VOLUME AND PRICE MANIPULATION THROUGH SELF-TRADES IN SCRIP OF PARICHAY INVESTMENTS LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 01-SEP-2019 TO 31-AUG-2024
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 01-SEP-2019 TO 31-AUG-2024
DIRECTED NOT TO BE ASSOCIATED WITH ANY LISTED COMPANY OR COMPANY PROPOSING TO LIST, OR ANY REGISTERED INTERMEDIARY, WHETHER IN CAPACITY OF DIRECTIOR, KEY MANAGEMENT PERSONNEL OR PARTNER FROM 01-SEP-2019 TO 31-AUG-2024
05-AUG-2019
|
|
| 6 |
|
|
KRUPA SANJAY SONI
(PAN:BVSPS9740P)
|
|
|
|
J M SONI CONSULTANCY
PAN:AAGFJ2939P
|
|
INDULGED IN CREATION OF ARTIFICIAL VOLUME AND PRICE MANIPULATION THROUGH MATCHED TRANSACTION IN SCRIP OF PARICHAY INVESTMENTS LTD.
INDULGED IN CREATION OF ARTIFICIAL VOLUME AND PRICE MANIPULATION THROUGH SELF-TRADES IN SCRIP OF PARICHAY INVESTMENTS LTD.
DID NOT MAKE PUBLIC ANNOUNCEMENT AS REQUIRED UNDER REGULATIONS 10 AND 11(1) OF SEBI (SAST) REGULATIONS, 2011 IN MATTER OF PARICHAY INVESTMENTS LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 01-SEP-2019 TO 31-AUG-2024
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 01-SEP-2019 TO 31-AUG-2024
DIRECTED NOT TO BE ASSOCIATED WITH ANY LISTED COMPANY OR COMPANY PROPOSING TO LIST, OR ANY REGISTERED INTERMEDIARY, WHETHER IN CAPACITY OF DIRECTIOR, KEY MANAGEMENT PERSONNEL OR PARTNER FROM 01-SEP-2019 TO 31-AUG-2024
05-AUG-2019
|
|
| 7 |
|
|
MAHESH SOMABHAI DESAI
(PAN:AMGPD0183P)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL VOLUME AND PRICE MANIPULATION THROUGH MATCHED TRANSACTION IN SCRIP OF PARICHAY INVESTMENTS LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 01-SEP-2019 TO 31-AUG-2024
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 01-SEP-2019 TO 31-AUG-2024
DIRECTED NOT TO BE ASSOCIATED WITH ANY LISTED COMPANY OR COMPANY PROPOSING TO LIST, OR ANY REGISTERED INTERMEDIARY, WHETHER IN CAPACITY OF DIRECTIOR, KEY MANAGEMENT PERSONNEL OR PARTNER FROM 01-SEP-2019 TO 31-AUG-2024
05-AUG-2019
|
|
| 8 |
|
|
SANJAY JETHALAL SONI
(PAN:BVSPS9741N)
|
|
|
|
J M SONI CONSULTANCY
PAN:AAGFJ2939P
|
|
INDULGED IN CREATION OF ARTIFICIAL VOLUME AND PRICE MANIPULATION THROUGH MATCHED TRANSACTION IN SCRIP OF PARICHAY INVESTMENTS LTD.
INDULGED IN CREATION OF ARTIFICIAL VOLUME AND PRICE MANIPULATION THROUGH SELF-TRADES IN SCRIP OF PARICHAY INVESTMENTS LTD.
DID NOT MAKE PUBLIC ANNOUNCEMENT AS REQUIRED UNDER REGULATIONS 10 AND 11(1) OF SEBI (SAST) REGULATIONS, 2011 IN MATTER OF PARICHAY INVESTMENTS LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 01-SEP-2019 TO 31-AUG-2024
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 01-SEP-2019 TO 31-AUG-2024
DIRECTED NOT TO BE ASSOCIATED WITH ANY LISTED COMPANY OR COMPANY PROPOSING TO LIST, OR ANY REGISTERED INTERMEDIARY, WHETHER IN CAPACITY OF DIRECTIOR, KEY MANAGEMENT PERSONNEL OR PARTNER FROM 01-SEP-2019 TO 31-AUG-2024
05-AUG-2019
|
|
| 9 |
|
|
SHWETA DHIREN AGARWAL
(PAN:AIZPA2160J)
|
|
|
INDULGED IN CREATION OF ARTIFICIAL VOLUME AND PRICE MANIPULATION THROUGH MATCHED TRANSACTION IN SCRIP OF PARICHAY INVESTMENTS LTD.
DID NOT MAKE PUBLIC ANNOUNCEMENT AS REQUIRED UNDER REGULATION 10 OF SEBI (SAST) REGULATIONS, 2011 IN MATTER OF PARICHAY INVESTMENTS LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 01-SEP-2019 TO 31-AUG-2024
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 01-SEP-2019 TO 31-AUG-2024
DIRECTED NOT TO BE ASSOCIATED WITH ANY LISTED COMPANY OR COMPANY PROPOSING TO LIST, OR ANY REGISTERED INTERMEDIARY, WHETHER IN CAPACITY OF DIRECTIOR, KEY MANAGEMENT PERSONNEL OR PARTNER FROM 01-SEP-2019 TO 31-AUG-2024
05-AUG-2019
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
