| Order in the matter of Moonlight Associates Limited |
To
All Trading Members of the Exchange
Sub: Final Order under Sections 11, 11(4),11A and 11B of the Securities and Exchange Board of India Act, 1992 in the matter of Moonlight Associates Limited
Attention of the trading members is invited to the Exchnage Notice No. 20151215-32 dated December 15, 2015 wherein SEBI vide its ex-parte interim Order No. WTM/PS/113/ERO-GLO/DEC/2015 dated December 15, 2015 has inter-alia, restrained Moonlight Associates Limited, Nityananda Nath, Abu Sadeque Ishtiaque Ahmed Choudhury, Ferdousi Begum Choudhury, Samsul Islam, Nizam Uddin Ahmed, Kanai Lal NathAbdul Jalil Choudhury and Md. Abdul Muktadir from accessing the securities market and are further prohibited from buying, selling or otherwise dealing in securities in any manner whatsoever, either directly or indirectly, till further directions.
SEBI, now vide its Order no. WTM/MPB/EFD-1-DRA-III/138 /2018 dated February 15, 2018 has inter-alia issued the following directions:
- Directed Moonlight, Mr. Samsul Islam, Mr. Nityananda Nath, Mr. Abu Sadeque Ishtiaque Ahmed Choudhury not to, directly or indirectly, access the securities market, by issuing prospectus, offer document or advertisement soliciting money from the public and are further restrained and prohibited from buying, selling or otherwise dealing in the securities market, directly or indirectly in whatsoever manner, from the date of this Order, till the expiry of 4 (four) years from the date of completion of refunds to investors as directed in the Order.
- Directed Ms. Ferdousi Begum Choudhury, Mr. Nizam Uddin Ahmed (PAN AQQPA5590F), Mr. Kanai Lal Nath (PAN AHPPN2616K) and Mr. Md. Abdul Muktadir not to, directly or indirectly, access the securities market, by issuing prospectus, offer document or advertisement soliciting money from the public and are further restrained and prohibited from buying, selling or otherwise dealing in the securities market, directly or indirectly in whatsoever manner for a period of 4 (four) years from the date of this Order.
- The directions issued against Mr. Abdul Jalil Choudhury is hereby revoked.
This Order shall come into force with immediate effect.
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.
Shaila Valsan Manish M.N
Manager Assistant Manager
Surveillance Surveillance
Date: February 15, 2018 |