| Order in the matter of Sunstar Realty Development Limited |
To
All Trading Members of the Exchange
Sub: Order under Sections 11 and 11B (1) of the Securities and Exchange Board of India Act, 1992 in the matter of Sunstar Realty Development Limited
SEBI vide its order no. WTM/SM/IVD/ID9/10959/ 2020-21 dated March 19, 2021 has inter-alia issued following directions:
- Restrained the Noticees from accessing the Securities Market and further prohibit them from buying, selling or otherwise dealing in securities, directly or indirectly in any manner, for the period as directed below:
|
Sr. No.
|
NAME
|
Months
|
|
1
|
MAXTOR CONCLAVE PVT LTD
|
01 year
|
|
2
|
BLUEVIEW TRADEVIN PVT. LTD.
|
01 year
|
|
3
|
JAIN NEMI MINERALS PVT. LTD.
|
06 months
|
|
4
|
KESHAVAH MERCANTILE PVT. LTD.
|
01 year
|
|
5
|
FROHAR TRADING PVT. LTD.
|
06 months
|
|
6
|
QUICKSCOPE DEALERS PVT. LTD.
|
01 year
|
|
7
|
AMBUJA COMMOSALES PVT. LTD.
|
06 months
|
|
8
|
ANIL KUMAR AGARWALA HUF
|
06 months
|
|
9
|
ECSTATIC MERCHANDISE PVT. LTD.
|
01 year
|
|
10
|
HARI MOHAN BERIWALA
|
06 months
|
|
11
|
SANTOSH DEVI AGARWAL
|
06 months
|
|
12
|
SAPNA AGARWALA
|
06 months
|
|
13
|
DHANAASHA DEVELOPERS PVT. LTD.
|
06 months
|
|
14
|
PANCHMADHU PROJECTS PVT. LTD.
|
06 months
|
|
15
|
NIRDESH TRADING PVT. LTD.
|
06 months
|
|
16
|
DHANASETH PROPERTIES PVT. LTD.
|
06 months
|
|
17
|
PRAGYAN REALTY PVT. LTD.
|
06 months
|
|
18
|
HARI MOHAN BERIWALA AND OTHERS HUF
|
06 months
|
|
19
|
MANJU BERIWALA
|
06 months
|
|
20
|
SAURABH KUMAR AGRAWAL HUF
|
06 months
|
|
21
|
SARDA SOLUTIONS PVT. LTD.
|
06 months
|
|
22
|
PROFICIENT MANAGERIAL SOLUTIONS PVT. LTD.
|
06 months
|
|
23
|
SARWANI DEVI MODI
|
06 months
|
- It is clarified that obligation of the aforesaid Noticees, in respect of settlement of securities, if any, purchased or sold in the cash segment of the recognized stock exchange(s), as existing on the date of this Order, can take place irrespective of the restraint/prohibition imposed by this Order, in respect of pending transactions, if any. Further, all open positions, if any, of the aforesaid Noticees in the F&O segment of the stock exchange, are permitted to be squared off, irrespective of the restraint/prohibition imposed by this Order.
- It is further clarified that during the period of restraint, the existing holding of securities including the holding of units of mutual funds of the Noticees shall remain frozen.
This Order is effective from the date of the order.
A copy of the said Order is attached herewith and available on the SEBI website www.sebi.gov.in.
Trading members are advised to take note of the same and ensure compliance.
Jeevan Noronha Avijit Sarkar
Senior Manager Deputy Manager
Surveillance Surveillance
Date: March 19, 2021 |