To
All Trading Members of the Exchange
Sub: Order under Sections 11(1), 11(4), 11A and 11B of the Securities and Exchange Board of India Act, 1992 in the matter of Reliable Multi Manegerial Services Limited. (RMMSL)
SEBI, vide its Order no. WTM/GM/IMD/95/2017–18 dated February 23, 2018 has inter-alia issued the following directions:
- Directed RMMSL (PAN : AAECR5851P) and its Directors/Promoters, viz. Pintu Dutta (PAN : AIMPD4441Q); Raju Acharjya (PAN : AJKPA9285C); Sanjay Karmakar (PAN : AMUPK1443K); Om Prakash Gupta (PAN : AWBPG1988J); Kanhaiya Singh Kushwaha (PAN : AQVPK5541K); Arjun Majumdar (PAN : ALIPM6848H); Ashim Bosu (PAN : AIPPB3421P); Ganesh Chandra Saha (PAN : BHBPS2976Q); Pijus Kumar Patra (PAN : AKEPP1290R); Pijush Kanti Dey (PAN : AIDPD8349L) and Sujit Kumar Das (PAN : AJMPD0349L), shall not access the securities market or buy, sell or otherwise deal in thesecurities market, either directly or indirectly, or associate themselves with any listed company or company intending to raise money from the public.
· Ramavatar & Associates, Chartered Accountants (represented by its Proprietor, Ramavatar R Jhanwar) shall not henceforth act as Debenture Trustee in respect of debentures of RMMSL and shall not take up any new assignment or involve itself in any new issue of securities in a similar capacity.
· Further as stated in the aforesaid order, in the event of the Noticees failing to file replies or requesting for an opportunity of personal hearing within 90 days from the date of receipt of the order, the preliminary findings as mentioned in the aforsaid Order shall become final and absolute against the respective Noticees automatically, without any further orders. Consequently, the Noticees shall automatically be bound by the directions contained in paragraphs 4.2(i)–(ii) and 4.2(iv) till the expiry of a period of four years from the date of repayment to the satisfaction of SEBI.
This Order shall come into force with immediate effect, which shall remain in force till further orders.
A copy of the said order is attached herewith and also available on the SEBI website www.sebi.gov.in.
Trading members are advised to take note of the same and ensure compliance.
Rajesh Dubey Avijit Sarkar
Associate Manager Assistant Manager
Surveillance Surveillance
Date: February 23, 2018
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