Sebi Vs. Dhanlaxmi Lease Finance Ltd. and

Decided On : Mar-04-2008

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

LAW: Regulation 11, the SEBI Act, Regulations 3 and 4, Section 11B, Regulation 11, Section 19, Regulation 11

CARDINAL: 1, 31, 310, 2.5, 31,00,000, 10/-, 1995.4, 3, one, one, 2005.7, 8.1, 8.3, 3.46, 35, 35, 8.5, 8.6, 8.7, 8.8, 8.9, 15.33, 8.10, 8.11, 9, 10.1, zero, 10.2, one, only 5, only 5, 3460, eight, two, 10.4, 3460, 10.5, 10.6, 10.7, 3460, 10.8, 40,600, 25000, 40,600, 9100, 3.46, 35, 10.9, 1000, 3460, 1000, 590, 819.39, two, 3.00, 12.33, 13, 10.2, 4, 15.33, 3.46, 35, one, 11B

ORG: Dhanlaxmi Lease Finance Ltd., Ahmedabad, Dhanlaxmi, Securities and Exchange Board of India, Monarch Projects and Finmarkets Ltd., the Tax Payers Protection Council, Dhanlaxmi, Bankers, the Non Resident Indians, Securities and Exchange Board of India, M/s Dhanlaxmi, Securities and Exchange Board, Show Cause Notice, Dhanlaxmi, Issue of Capital, Show Cause Notices, The Show Cause Notices, Show Cause Notices, Directors, the Show Cause Notices, SCN, The Ahmedabad Stock Exchange, ASE, the Show Cause Notice, ASE, ASE, Directors, Show Cause Notice, Dhanlaxmi under Section 11B, the Securities Markets) Regulations, Directors, Company, Directors, The Show Cause Notice, Dhanlaxmi, the MD of Dhanlaxmi Shri Arun Khatri, Dhanlaxmi, Dhanlaxmi, Dhanlaxmi, the Income Tax Department, the Central Board of Investigation, Dhanlaxmi, M/s Asiatic Infrastructure, Shelter Ltd, M/s Asiatic Infrastructure, Shelter Ltd., the Bank of Madura, ICICI Bank, Banker, the Punjab National Bank, Maskati Branch, M/s Laxmi Movers, M/s Asiatic, M/s Asiatic, Monitoring Report, Monarch, the Ahmedabad Stock Exchange, M/s, Shelter and Finstock Ltd., Dhanlaxmi, M/s Akash, M/s S. R. Investments, M/s Akash, M/s Akash, M/s Akash, M/s Akash, M/s S. R. Investments, Akash Shelters and Finstock Ltd., S. R. Investments, Bankers, Directors, Dhanlaxmi, the MD of Dhanlaxmi Shri Arun Khatri, M/s Compuquick Datamation, Registrar, Registrar, the Bank Statements, Final Certificates, Share Applications and, Allotment Register, Dhanlaxmi, the Registrar M/s Compuquick Datamation, Dhanlaxmi, Dhanlaxmi, Dhanlaxmi, Dhanlaxmi, Registrar, Registrar, Income Tax, CBI, Shri Amit Shah &, Asiatic Infrastructure Shelter Ltd., Atlantic Credit and Capital Ltd, M/s Akash Shelters and Finstock Ltd., the Income Tax Department, the Central Board of Investigation, Dhanlaxmi, Laxmi Movers, United Bank of India, Asiatic Infrastructure, Atlantic Credit &, Capital Ltd, Asiatic Infrastructure &, Shelter Ltd of Bank of Madura, Dhanlaxmi, the Income Tax Authorities, Account No, Asiatic Infrastructure &, Shelters ltd, Bank of Madura, Capital Ltd, Vijaya Bank, Noble Building Branch, M/s Asiatic Infrastructure &amp, Shelter Ltd and M/s Atlantic Credit &, Capital Ltd, Kapadia Finance, Laxmi Movers of Junagadh, Punjab National Bank to M/s Asiatic Infrastructure &, Shelter Ltd., M/s Asiatic Infrastructure &amp, Shelter Ltd, Bank of Madura, ICICI Bank, the Punjab National Bank, Maskati Branch, Punjab National Bank, Banker, M/s Asiatic Infrastructure &amp, Shelter Ltd., M/s Laxmi Movers, M/s Asiatic Infrastructure &amp, Shelter Ltd., M/s Asiatic Infrastructure &amp, Shelter Ltd., M/s Asiatic Infrastructure &amp, Shelter Ltd, M/s Asiatic Infrastructure &amp, Shelter Ltd., M/s Asiatic Infrastructure &amp, Shelter Ltd., M/s Asiatic Infrastructure &amp, Shelter Ltd., Dhanlaxmi, Monarch Project &, Finmarkets Ltd., Monarch, Reports, the Ahmedabad Stock Exchange, M/s S R Investments, ASE, Shelter &amp, Finstock Ltd., M/s S R Investments, ASE, the Bank Book and Bank Statement, M/s, Bank, Punjab National Bank, Shelter &amp, Finstock Ltd., M/s S R Investments, Dhanlaxmi, the Securities Market) Regulations, Dhanlaxmi, Sections 11 &amp, Securities and Exchange Board, Securities and Exchange Board, the Securities Market) Regulations, M/s Dhanlaxmi

DATE: February 24, 1995, 10/-, November 21, 1995, November 24, 1995, 3 day, December 21, 1995, two weeks, November 21, 1995, November 24, 1995, 1992, 1992, 1992, June 05, 1998, July 23, 1998, 1992, 1995, 1992, August 13, 1998, August 28, 1998,, September 25, 1998, October 8, 1998, June 12, 1999, June 22, 1999, December 12, 2002, January 15, 2003, December 17, 2003, January 06, 2004, at least 2 months, January 26, 2004, January 19, 2004, the year 1997-1998, May 17, 2004, August 16, 2004, September 01, 2004, 15 days, September 07, 2004, 10 days, August 17, 2005, July 18, February 10, 2006, 1995, 1995, February 10, 2006, April 10, 2006, December 11, 1995, December 12, 1995, December 2, 1995, the 3 days, November 27, 1995, the 78 days, December 11, 1995, December 12, 1995, January 29, 2007, June 7, 1996, 2581991, 2581964, June 7, 1996, December 11, 1995, December 12, 1995, December 11, 1995, December 12, 1995, December 11, 1995, December 12, 1995, June 7, 1996, May 13, 1999, 3 years, May 1999, January 8, 2007, January 29, 2007, December 22, 2006, November 1, 1995 to, December 31, 1995, November 17, 1995 to June 22, 2006 of, 1995, August 31, 1996, the period of, November 15, 1995 to March 31, 1996, 3460, November 27, 1995, 1686, December 2, 1995, November 24, 1995, 6 months, between November 24, 1995, December 2, 1995, 35, the period, November 27, 1995, December 2, 1995, May 1995, November 1995, November 21, 1995, November 24, 1995, December 1, 1995, November 24, 1995, 3597, November 24, 1995, 3 Day, November 27, 1995, November 24, 1995, January 1996, January 11, 1996, January 23, 1996, May 1999, 3 years, May 1999, 271713, December 16, 1995, 3369, 1995, 1995, 1995, 1992, 1992, 1995, a period of two months

GPE: Gujarat, Regulation, Ahmedabad, Juris

PERSON: Shri Avinash Gupta, Shri Avinash Gupta, Rajendra Sharma, Registrar, Shri Khatri, Shri Kishore Barot, 8.4 Dhanlaxmi, Ms Asiatic, Girdhar Patel, Arvind Shah, Girish Shah, Amit Shah, Kishor Barot, Laxmi Movers, Arvind Shah, Girdhar Patel, Juris Matrix, Shri Arun Khatri, Shri Arun Khatri, f., Shri Arun Khatri, Shri Avinash Gupta, Shri Khatri, Shri Arun Khatri, Shri Khatri, Girish D Shah, Shri Kishore Barot, Shri Kishore Barot, Shelter, Bhadra Branch, Shri Kishor Barot, Girdhar Patel, Rs 35,00,000/-, Shri Kishore Barot, Shri Girdhar Patel, Monarch, Shri Arvind K Shah, Chandra Gupta, Shri Rajendra Sharma, Shri Avinash Gupta

WORK_OF_ART: Shri Amit Shah, Direct' Stamp, Shri Amit Shah, M/s S. R. Investments, Shri Amit Shah, Shri Amit Shah and, Shri Amit Shah and, Ahmedabad and Account No 1671 of M/s Atlantic Credit &, Ahmedabad the Banker, Shri Ramesh

PRODUCT: Shri Girish Shah, Shri Girish Shah, Shri Girish Shah, Shri Girish Shah, Regulation 3 and 4

FAC: the Show Cause Notice, the Show Cause Notice, the Show Cause

PERCENT: only 25%, 97.22%

NORP: d., Shri Girish