Ksl and Industries Ltd. Vs. the Chairman, the Securities and

Decided On : Sep-30-2003

Court : SEBI Securities and Exchange Board of India or Securities Appellate Tribunal SAT

LAW: the FUTP Regulations, section 11B, the FUTP Regulations, the FUTP Regulations, the FUTP Regulations, section 11, the FUTP Regulations, the FUTP Regulations, the FUTP Regulations, the FUTP Regulations, the FUTP Regulations, the FUTP Regulations, the FUTP Regulations, section 11B, the FUTP Regulations, section 11B, the FUTP Regulations, section 11B, section 237, the Companies Act, the SEBI Act, the FUTP Regulations, the FUTP Regulations, the Companies Act, the Companies Act, the FUTP Regulations, the FUTP Regulations, the FUTP Regulations

CARDINAL: 1, 1, 29.11.2002, 12, 4, 5.9.1995, 000, 10/-, 9, 000, 4, 000, 5, 000, 000, 50.54, 2.8.1996, 1, 1-A, six, 10, 1.00, 60, six, 10, 97, 800, 16, 300, six, 97, 800, 60, six, 10, 000, more than 11, 000, 000, six, 000, 000, 6, 000, 10/-, 6, 12, 25.10.95, 97, 800, 6, 000, 25.10.95, six, 10, 1.00, 1, 6, 4, 2, 60, 10/-, 6, 6, 1, 2, 2, 3., 4, 5., 6, 000, 8, 9, 10, 11, 12, 5, 6.2.1998, 6.2.1998, six, 1, 1, 60, six, 10, 000, more than 11, 000, 000, six, 000, 3, 4, 6, 6, 12, six, 000, only 16, 300, one, 97, 800, 9, 6, 27.12.1995, 25, 383, 23.10.1996, 000, 27.12.1995, 6, only one, 30.9.95, 60, 25, 383, 12, 9, 6, 1, 10, 6, 10, only one, more than one, 97, 800, 10, six, only one, more than one, Two, 25.10.1995, 3, 5, 6, 3, 4, 5, 6(a, 98, 2, 1, 3, 149, 6, 260, 12, 12, 12, 34, 485, 38, 310, 2, 627, 40, 170, 68, 27, 2000)5, 27.12.1995, 18.10.95, 27.12.95, 25.10.95, 6, 000, six, 10, 60, 000, 6, one, 6, one, 18.10.1995, 23.10.1996, 23.10.1996, 3, 6, 6, 12, 35, 1, 2, 1, 4, 6, six, 10, 60, 000, 2.1.1996, 70, 54/-, 3.6.1996, one, six, 10, 1.00, 1, 6, 4, 6, 6, 60, 6, 6, 6, 60, 000, 6, 6, 6, six, 6, 60, only 97, 800, 000, 4, 6, 4, 6, transferee, transferee, 1, 2, one, 5, 39, 4, 6, 4, 6

ORG: the Securities and Exchange Board, the Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices, KSL &amp, Industries Ltd., Krishna Texport, Capital Market Ltd., Manu Finlease Ltd., MFL, Prospectus, Indian Mutual Funds, Non Resident Indians, MFL, JP Road, M/s. Nathji Enterprises Pvt. Ltd., MFL, MFL, M/s. Krishna Texport and Capital Market Ltd., the Public Issue, MFL, MFL, M/s. Nathji Enterprises P Ltd., MFL, MFL, MFL, M/s. Nathji Enterprises P. Ltd., MFL, MFL, the Public Issue, MFL, the Show Cause Notice, Shri Gopal Khadaria, M/s. Nathji Enterprises Pvt. Ltd., Capital Market Ltd., the Public Issue, MFL, 30.9.95, M/s. Nathji Enterprises Pvt. Ltd., D.B.India Securities Ltd., the Public Issue, MFL, M/s. Nathji Enterprises Pvt. Ltd., MFL, KTCML, MFL, M/s. Nathji Enterprises Pvt. Ltd., MFL, MFL, M/s. Nathji Enterprises Pvt. Ltd., Capital Market Ltd., M/s. Nathji Enterprises Pvt. Ltd., M/s. Nathji Enterprises Pvt. Ltd., MFL, Shri Gopal Khadaria, the Public Issue, MFL, Shri Gopal Khadaria, M/s. Nathji Enterprises Pvt. Ltd., the Public Issue, MFL, MFL, M/s. Nathji Enterprises Pvt. Ltd., Capital Market Ltd., Capital Market Ltd., the Public Issue, MFL, State Bank of Indore, KTCML, KTCML, MFL, the Current Account of KTCML, KTCML, the Public Issue, MFL, KTCML, M/s. Krishna Texport and Capital Market Ltd., State Bank of Indore, MFL, KTCML, KTCML, KTCML, KTCML, the Public Issue, MFL, MFL, MFL, Krishna Texport &amp, Capital Market Ltd., Appellant, MFL, Agreement, BORROWER, MFL, Counsel, Agreement, Financial Accommodation BORROWER, Manu Finlease Ltd., Agreement, Financial Accommodation of Rs, BORROWER, the Stock Invest, Financial Accommodation, BORROWER, BORROWER, Equity Shares, BORROWER, Financial Public Issue, Manu Finlease Ltd., Shares, Manu Finlease Ltd., Manu Finlease Ltd., Financial, Shares, Manu Finlease Ltd., BORROWER, Financial, BORROWER, Shares, Manu Finlease Ltd., Registrar, BORROWER, BORROWER, Clauses, Shares, BORROWER, the Allotment Letter /Share Certificates, Manu Finlease Ltd., BORROWER, Manu Finlease Ltd., BORROWER, Manu Finlease Ltd., BORROWER, BORROWER, Manu Finlease Ltd., Manu Finlease Ltd. / Registrars, BORROWER, BORROWER, BORROWER, BORROWER, Manu Finlease Ltd, Application, Manu Finlease Ltd., BORROWER, BORROWER, BORROWER, Learned Counsel, Counsel, MFL, State Bank of Indore, MFL, Account, Nathji Enterprises P. Ltd., MFL, MFL, MGL, MFL, Fraudulent and Unfair Trade Practices, Appellant, MFL, Borrower, Appellant, the State Bank of Indore, the State Bank of Indore, Appellant, MFL, Learned Counsel, Agreement, Gopal Khadaria and, M/s. Nathji Enterprises, Gopal Khadaria, Nathji Enterprises, the State Bank of Indore, MFL, MFL, U/S.11B, Prospectus, State Bank of Indore Dadar(W, Public, MFL, Capital Market Ltd., KTCML, MFL, KTCM L, Shri Gopal Khadaria, MFL, MFL, MFL, Learned Counsel, MFL, MFL, Learned Counsel, Agreement, Agreement, Learned Counsel, Appellant, MFL, Appellant, Rupees, Learned Counsel, Prospectus, Multiple Applications, Board, the Board of the company, FUTP, Learned Counsel, MFL, Appellant, Learned Counsel, FUTP Regulations, Appellant, Appellant, Appellant, Counsel, Learned Counsel, the Hon'ble Supreme Court, Barium Chemicals Ltd., Company Law Board, AIR 1967 SC 295, Counsel, Privy Council, AIR 1940, Privy Council, Learned Counsel, the Hon'ble Supreme Court, Learned Counsel, Hon'ble Supreme Court's, Regulation, Board, Learned Counsel, Learned Counsel, Tribunal, Sterlite Industries Ltd., SCL, Tribunal, BPL Ltd., SCL, Learned Counsel, Appellant, Counsel, the Hon'ble Supreme Court, Hindustan Steel Ltd., Learned Counsel, Tribunal, the Hon'ble Supreme Court, Hindustan Steel, Kensington Investment Ltd., Universal Agencies P. Ltd., Union of India, ELT, the Hon'ble Supreme Court, Collector of Central Excise, Learned Counsel, Learned Counsel, FUTP Regulation, the FUTP Regulation, Appellant, Appellant, the Public Issue, Learned Counsel, Agreement, Appellant, Appellant, Appellant, Nathji Enterprises, Learned Counsel, the Public Issue, MFL, MFL, Appellant, Learned Counsel, Tribunal, Tribunal, the Tribunal in Anand Rathi, Hindustan Steel, Hindustan Steel's, Appellant, Appellant, Universal Agencies, the Hon'ble Supreme Court, Collector of Central Excise, Appellant, Barium Chemical's, Company Law Board, the Privy Council, the Hon'ble Supreme Court's, B D Gupta's, Appellant, MFL, MFL, MFL, Appellant, MFL, MFL, Delhi Stock Exchange, DSE, DSE, DBISL, M/s. Glory Securities Ltd., MFL, M/s. Glory Securities Ltd., M/s. Goodwill Investment, DSE, Capital Market Ltd., the Public Issue, MFL, State Bank of Indore, KTCML, KTCML, MFL, the Current Account of KTCML, KTCML, the Public Issue, MFL, KTCML, M/s. Krishna Texport and Capital Market Ltd., State Bank of Indore, MFL, KTCML, KTCML, KTCML, the Public Issue, MFL, MFL, MFL, Appellant, MFL.There, State Bank of Indore, MFL, DSE, Glory Securities, Registrar, Registrar, Prospectus, Appellant, Agreement, Agreement, MFL, Appellant, Agreement, Agreement, Shri Khadaria, Nathji Enterprises, Nathji Enterprises, M/s.Nathji Enterprises P. Ltd., Appellant, MFL, MFL, Appellant, Appellant, FUTP Regulations, FUTP Regulations, KTCML, the Public Issue, MFL, Appellant, FUTP Regulations, Appellant, FUTP, Regulations

DATE: 1992, 1995, five years, 29.11.2002, 21, 00, 20, 20, 00, only 11,, 80, 11, 80, 80, 60, 00, 10, 00, 60, 00, 10, 00, 1992, 1995, 1995, 60, 00, 1995, seven days, 00, 00, 6, 00,, 00, 6, 00,, 00, 6, 00,, 00, 30 days, one week's, seven days, 11, 80, 80, 60, 00, 10, 00, 2(1, 1995, 1995, 18.10.1995, 10, 00, 78, 64, 78, 6.2.1998, the year 1996, 18.2.1998, 64, 1992, 1995, 14.10.1995, 18.10.1995, 18.10.1995, 4, 1973, 2001, five years, 2001, 2002, 1969, 2002, 7 years, 1993, ten years, 29.11.2002, October, 1995, more than 7 years, 80, 11, 80, 2(1, 2002, 7 years, 6.2.1998, 80, 48/-, DSE.Their, 32, 5 years, 11,, 80, 21, 00, 2564383, 2(1, 18.10.1995, 25.10.1995, 18.10.1995, 18.10.1995, the year 1995, the year 2002

PERSON: Shri S. K. Gupta, Shri Ashok Chawla, Shri J. B. Gupta, Shri Gopal Khadaria's, Shri Gopal Khadaria, Andheri, Shri Gopal Khadaria, Shri Gopal Khadaria, Shri Gopal Khadaria, Shri Gopal Khadaria, Shri Gopal Khadaria, Shri S. N. Daga, Gopal Khadaria, Shri Gopal Khadaria, Shri Gopal Khadaria, Gopal Khadaria, Gopal Khadaria, Shri Gopal Khadaria, Shri Gopal Khadaria, him".3, Shri Gopal Khadaria, Dadar, Shri Gopal Khadaria, Dadar, Shri Gopal Khadaria, Shri Gopal Khadaria, Shri Gopal Khadaria, Shri D. J. Khabatta, Shri Gopal Khadaria, Gopal Khadaria, Gopal Khadaria, Gopal Khadaria, Capital Gains, Gopal Khadaria, Gopal Khadaria, Nathaji Enterprises, Shri Gopal Khadaria, Dadar, Shri Gopal Khadaria, Shri Gopal Khadaria, Khambatta, Gopal Khadaria, Shri Gopal Khadaria, Shri Gopal Khadaria, Dadar, Gopal Khadaria, Shri Gopal Khadaria, Shri Khambatta, Shri Gopal Khadaria, Shri Gopal Khadaria, Shri Gopal Khadaria, Gopal Khadaria, Gopal Khadaria, Shri Khadaria, Shri Khadaria, Shri Gopal Khadaria, Gopal Khadaria, Dehra Dun Mussoorie Electric, B.D. Gupta v. State of, Tarlochan Dev Sharma v. State of Punjab, Shri Khambatta, Khambatta, Raghuvir, Kumar Desai, Shri Gopal Khadaria, Shri Desai, Shri Gopal Khadaria, Shri Desai, Shri Khadaria, Shri Khadaria, Shri Khadaria, Shri Desai, Shri Desai, Shri Desai, Shri Desai, Shri Gopal Khadaria, Shri Desai, Shri Desai, Shri Gopal Khadaria, Shri Desai, Shri Desai, Shri Desai, Shri Desai, Shri Desai, Trilochan Dev Sharma's, DB, Shri Gopal Khadaria, Dadar, Shri Gopal Khadaria, Dadar, Shri Gopal Khadaria, Shri Gopal Khadaria, Shri Gopal Khadaria, Dadar, Gopal Khadaria, Gopal Khadaria, Shri Gopal Khadaria, Shri Gopal Khadaria, Shri Gopal Khadaria, Shri Gopal Khadaria, Shri Gopal Khadaria, Shri Khadaria, Shri Gopal Khadaria, Shri Gopal Khadaria, Shri Gopal Khadaria, Shri Khadaria, Shri Khadaria, Shri Khambatta's, Kumar Desai, Shri Khadaria, Shri Khadaria

PRODUCT: Appellant, Appellant, Appellant, Appellant, Lac, Appellant, Appellant, Registrars, Appellant, Appellant, Appellant, Appellant, Appellant, Agreement, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Respondent, Appellant, Appellant, Appellant, Respondent, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Respondent, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant

NORP: Indian

GPE: Mumbai, Mumbai, p.a., Mumbai, it.7, Mumbai, Hansraj Gupta, Haryana, Sterlite, Hansraj Gupta, India, Mumbai, Issue

PERCENT: 2%, 26%, 24%, 24%, 30%, 36%, 36%, 24%, 8.28%, 4.65%

WORK_OF_ART: Share Certificates, Refund Warrant, Appellant, Regulation, the FUTP Regulations

LOC: Respondent, Respondent, Respondent, Respondent, Respondent, Respondent, Respondent, Respondent, Respondent, Respondent, Respondent, Respondent, Respondent, Respondent, Respondent, Respondent, Respondent, Respondent, Respondent, Respondent, Respondent, Respondent, Respondent, Respondent

FAC: Appellant

ORDINAL: first

MONEY: 7.10.95

TIME: 27.12.1995 i.e.