Scribd Logo
Upload

Welcome to Scribd!

  • PR - Order in The Matter of Jeevan Suraksha Real Estate Limited

    Uploaded by

    Shyam Sunder
    2 views1 page
    The Whole Time Member of SEBI passed an order directing Jeevan Suraksha Real Estate Limited to not mobilize funds from investors or issue any prospectus, offer documents, or advertisements to solicit money from the public for securities. The company and its directors are also prohibited from disposing any company properties or raising public funds. The order was passed as the company engaged in fund mobilizing activity by issuing preference shares to over 49 people without complying with Companies Act provisions.

    Original Description:

    Original Title

    PR - Order in the matter of Jeevan Suraksha Real Estate Limited

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The Whole Time Member of SEBI passed an order directing Jeevan Suraksha Real Estate Limited to not mobilize funds from investors or issue any prospectus, offer documents, or advertisements to solicit money from the public for securities. The company and its directors are also prohibited from disposing any company properties or raising public funds. The order was passed as the company engaged in fund mobilizing activity by issuing preference shares to over 49 people without complying with Companies Act provisions.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    2 views1 page

    PR - Order in The Matter of Jeevan Suraksha Real Estate Limited

    Uploaded by

    Shyam Sunder
    The Whole Time Member of SEBI passed an order directing Jeevan Suraksha Real Estate Limited to not mobilize funds from investors or issue any prospectus, offer documents, or advertisements to solicit money from the public for securities. The company and its directors are also prohibited from disposing any company properties or raising public funds. The order was passed as the company engaged in fund mobilizing activity by issuing preference shares to over 49 people without complying with Companies Act provisions.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    PR No.

    80/2015

    Order in the matter of Jeevan Suraksha Real Estate Limited

    Shri S Raman, Whole Time Member, Securities and Exchange Board of India (SEBI), has passed an order dated
    March 13, 2015 in the matter of Jeevan Suraksha Real Estate Limited directing inter-alia that the company shall not
    mobilize funds from investors and that the company and its directors are prohibited from issuing prospectus or any
    offer document or issue advertisement for soliciting money from the public for the issue of securities, in any manner
    whatsoever, either directly or indirectly, till further orders. The company and its directors shall not dispose of any of
    the properties of the company and shall not raised any funds from the public.
    The company was engaged in fund mobilizing activity through issue of Redeemable Preference Shares to more
    than 49 persons without complying with the provisions of the Companies Act, 1956.
    The full text of the SEBI order is available on the website: www.sebi.gov.in

    Mumbai
    March 24, 2015

    Brought to you by http://StockViz.biz

    page: 1

    [ www.sebi.gov.in ]

    You might also like