To
All Trading Members of the Exchange
Sub: Order under Sections 11(1), 11(4) and 11B of Securities and Exchange Board of India Act, 1992 read with Regulation 65 of the Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999, in respect of Interim Order cum show cause notice dated May 08, 2015 in the matter of Insure Life Infrastructure (India) Limited (ILIIL).
SEBI, vide its Order no. WTM/GM/EFD/86/2017-18 dated February 5, 2018, has inter-alia restrained the below mentioned entities from accessing the securities market and prohibited from buying, selling or otherwise dealing in securities market, directly or indirectly, till the directions for refund/repayment to investors are complied with, as directed to the satisfaction of SEBI and Winding up and Repayment Report (WRR) is submitted to SEBI and for a further period of four years from the date of completion of the refund, as directed in the Order.
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Sr. No.
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Names
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PANs
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1
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Insure Life Infrastructure (India) Limited
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U70101RJ2009PLC029925
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2
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Jagdish Prasad Sharma
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BDSPS8933A
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3
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Laxmi Khandelwal
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ARTPK0675M
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4
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Jagdish Prasad Khandelwal
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AIAPK3910H
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5
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Abhishek Khandelwal
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AVMPK0092M
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6
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Dinesh Kumar Sharma
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BTATS2294E
|
This order shall come into force with immediate effect.
A copy of the said order is attached herewith and also available on the SEBI website www.sebi.gov.in.
Trading members are advised to take note of the same and ensure compliance.
Shaila Valsan Manish M.N
Manager Assistant Manager
Surveillance Surveillance
Date: February 5, 2018 |