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TMI Blog2017 (9) TMI 2010X X X X Extracts X X X X X X X X Extracts X X X X ..... ct that there are no adverse findings against the aforementioned 82 entities with respect to their role in the manipulation of the scrip of Radford, directions issued against them vide interim orders dated December 19, 2014 and November 9, 2015 which were confirmed vide Orders dated October 12, 2015, March 18, 2016 and August 26, 2016 are liable to be revoked. As in exercise of the powers conferred upon me under Section 19 of the Securities and Exchange Board of India Act, 1992 read with Sections 11, 11(4) and 11B of the SEBI Act, hereby revoke the Confirmatory Orders dated October 12, 2015, March 18, 2016 and August 26, 2016 qua aforesaid 82 entities (paragraph 9 above) with immediate effect. The revocation of the directions issued vide the abovementioned orders (at paragraph 11) is only in respect of the entities mentioned at paragraph 9 of this order in the matter of Radford Global Limited. As regards remaining entities in the scrip of Radford, violations under SEBI Act, SCRA, PFUTP Regulations, etc., were observed and SEBI shall continue its proceedings against them. Hence, the directions issued vide Orders against the remaining 24 entities shall continue. This revocat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Company 1 Radford Global Ltd. AABCM5771E Directors of Radford Global Ltd. 2 Prakash Bhawarlal Biyani AJNPB0702E 3 Manish Nareshchandra Shah AELPS8560A 4 Rajesh Kumar Maheshwari ACJPM4653L 5 Nitin Shivratan Murarka AMBPM9321M Promoters of Radford Global Ltd. 6 Radford InvestmentServicesPvtLtd AACCG9982A Director of Radford Investment Services Pvt. Ltd. 7 Roshan Dwarkani ATXPD7040B 8 Suresh Kumar Saini BCXPS0818J Preferential Allottees 9 Achal Chand Balar ABAPB8617M 10 Piyush Kumar Balar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Neeraj Singal ANRPS7986B 39 Nishit Agarwal Beneficiary Trust AABTN3350K 40 Pinky Agarwal ACGPA7438L 41 Pratik Agarwal Beneficiary Trust AABTP7516K 42 Praveen Kumar Agarwal ACSPA4725A 43 Praveen Kumar Agarwa HUF AAIHP6229C 44 Rajendra Mangilal Jain ACPPJ9853R 45 Renu Aggarwal AAEPA1694C 46 Renu Mittal AGMPM1488Q 47 Ritu Singal ABHPS3711M 48 Santosh Aggarwal ABAPA4548E 49 Shailesh MangilalJ ain AAAPJ6765F 50 Shilpa Aggarwal AEXPA1230M 51 Smt. Ujwala Namdev Mane AAEPM5924H ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 6 Limestone Properties Private Limited AACCL0133G 77 Manimudra Vincom Private Limited AADCM4316K 78 Natural Housing Private Limited AADCN6251G 79 Pine Animation Limited AAECM0267A 80 Pyramid Trading and Finance Ltd AAACP2548R 81 Radison Properties Private Limited AAFCR2818B 82 Rangan Vincom Private Limited AAGCR1715E 83 Ridhi Vincom Private Limited AAECR9858C 84 Runicha Merchants Private Limited AAECR0580M 85 Sanklap Vincom Private Limited AAMCS1711P 86 Scope Vyapar Private Limited AAICS6023N 87 Shelter Sales Agency Private Limited AASCS1797F 88 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Bharatkumar Jayantilal Shah AGSPS5666E 112 Dina Satishkumar Mehta AAYPM2723J 113 Hari Mohan Khandelwal ACLPK9984A 114 Hasumati Ghanshyam Mandlia ANIPM9254B 115 Kanaiyalal Manilal Gandhi ABGPG6544G 116 Manisha Jayesh Shah AOBPS1451C 117 Mansukhbhai Jagabhai Tanti AALPT9962B 118 Pragna Patel AGWPP5778Q 119 Rajeev Garg ACJPG8162C 120 Ramila Gandhi AELPG9023L 121 Rekhaben Lakhabhai Sagparia AFXPS1751C 122 Sunil Mohanlal Kansara ANFPK3652G 123 Veena Mohandas Valbhani AHGPV3775J 6. The directions issued qua Mr. Jayesh Nar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vestigation by SEBI, investigation did not find any adverse evidence/adverse findings in respect of violation of provisions of SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003 (PFUTP Regulations) in respect of following 82 entities (against whom directions were issued vide the interim orders as confirmed vide the above said confirmatory orders) warranting continuation of action under Section 11B r/w 11(4) of SEBI Act. However, investigation has found adverse findings against Radford which warrants Adjudication Proceedings. The details of the 82 entities are as follows:- Sr. No. PAN Name Sr. No. PAN Name 1. AABCM5771E Radford Global Limited 2. AACPJ4316L Surendra B. Jiwrajka 3. AJNPB0702E Prakash Bhawarlal Biyani 4. ACPPJ9853R Rajendra Mangilal Jain 5. AELPS8560A Manish ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rai Mody 34. AABCB2575P Burlington Finance Limited 35. AJSPM7935P Hasumati Anantrai Mody 36. AADCD7140G Devatma Distributors Private Limited 37. AAFHA0709M Anil Rajat Agarwal Sons (HUF) 38. AADCD6028P Dhanraksha Vincom Private Limited 39. AACPJ3610K Ashok B. Jiwrajka 40. AABCD8146J Divyadrishti Traders Private Limited 41. AAIPG4573G Babita Mittal 42. AABCD8147K Divyadrishti Merchants Private Limited 43. AAKPD3160A Bimal J. Desasi 44. AAECK6244R Katyani Commodities Private Limited 45. ACDPT3428N Dalsukh Ujamshi Trevadia 46. AACCL3868N Ladios Trading Private Li ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... imited 73. APFPM0496Q Mohan Mittal 74. AAACE6834D East West Finvest India Limited 75. ADSPA9301K Mohit Aggarwal 76. AADCE1236G East West Finvest India Limited 77. AJGPM2125D Mukesh Mittal 78. ASVPR5947G Taran Kumar Rungta 79. ACRPS0182J Naresh Nemchand Shah 80. AFAPN8764M Prem Lata Nahar 81. AAEPM5924H Ujwala Namdev Mane 82. ANFPK3652G Sunil Mohanlal Kansara 10. Considering the fact that there are no adverse findings against the aforementioned 82 entities with respect to their role in the manipulation of the scrip of Radford, I am of the considered view that the directions issued against them vide interim orders dated December 19, 2014 and November 9, 2015 which were confirmed vide Or ..... X X X X Extracts X X X X X X X X Extracts X X X X
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