sebi:16960
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Facts / Headnote
Debarment from operating in and accessing the capital market for 5 years
Provisions invoked
- s. 11B
Regulations
- Reg. 73
Holding
The noticees, their promoters, directors, managers, and persons in charge of the schemes listed in the Annexure are debarred from operating in the capital market and from accessing the capital market for a period of 5 years from the date of the Order.
Full text
As you have failed to comply with the directions of the said Order, you have violated the provisions of Regulation 73 of the SEBI (Collective Investment Schemes) Regulations, 1999. Now, therefore, in exercise of the powers conferred under Section 11B of the SEBI Act, 1992, I hereby debar you/your promoters/your directors/your managers/persons in charge of the business of your schemes (whose names are mentioned in Annexure) from operating in the capital market and from accessing the capital market for a period of 5 years from the date of this Order. Place: Mumbai Date: July 29, 2002 G.N. BAJPAI CHAIRMAN SECURITIES AND EXCHANGE BOARD OF INDIA Annexure Names of promoters Mr. Vinod Mahajan- also director Mr. Lembhar Singh - also director Name of other director Mr. A.S.Anil S/o Mr. Panchkoo Ram Names of managers/persons in- charge of business of schemes Mr. Ravi Mahajan, General Manager Mr. G.S. Saunkhla, Manager Mr. Rita Sharma, Assistant Manager Mr. Kamaljit Kaur, Assistant Manager Mr. Shashi Sanaoria, Executive Officer Mr. Jalam Singh, Branch Manager Mr. Narayan Sharma, Branch Manager Mr. B.S. Guleria, Branch Manager Mrs. Babu Ram Sharma, Branch Manager Mr. Om Bir Singh, Branch Manager Mr. Monika Sharma, Branch Manager Mr. Sananta Kumar Behra, Chief Dev. Adviser Mr. Jugal Madhaba Khandual, Dev. Adviser Mr. Santosh Kumar Jena, Dev. Adviser Mr. Pratap Chandra Panigrahy, Dev. Adviser Mr. Ramesh Patro, Branch Manager
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Source: SecMarx — sebi:16960. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.