sebi:CO/124/IMD/09/2003
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Facts / Headnote
Company, its promoters, directors, managers and persons in charge of business of its schemes debarred from operating in and accessing the capital market for 5 years from the date of the order
Provisions invoked
- s. 11B
- s. 4(3)
Regulations
- Reg. 65
Holding
SEBI debarred M/s. Life Care (India) Limited and its promoters, directors, managers and persons in charge of its schemes named in the Annexure from operating in and accessing the capital market for a period of 5 years from the date of this order.
Full text
The aforesaid order of SEBI was forwarded to the company at its registered office address, vide letter dated June 9, 2003 and the copies were sent to the company and all its directors separately. SEBI also issued a Press Release on June 6, 2003, with respect to the above order issued by SEBI. It is observed that the company has failed to comply with the directions contained in the order dated May 29,
ANNEXURE Names of Promoters / Directors of M/s.Life Care (India) Limited Sr. No. Name Address 1. Mr.Sukumar Samal S/o.Sudam Charan Samal A Kiranti, P.O. Jhandkada Jagatsinghpur
Jagatsinghpur 8. Mr. Ramesh Chandra Lenka S/o. Surendra Chandra Lenka AT/PO Tirtol Jagatsinghpur 9. Mr.Fakir Charan Maharana Not provided 10. Mr. Raghunath Das Not provided 11. Mr.Pradeep kumar Das Not provided 12. Mr.Manindra Kumar Das Not provided 13. Mr.Gopal Charan Das S/o.Sauti Das AT/PO Tirtol Jagatsinghpur
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Source: SecMarx — sebi:CO/124/IMD/09/2003. 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.