SEBI order in the matter of Golden Heaven Agro

MCX STOCK EXCHANGE LIMITED
Market Operations - Investigation Department
Circular No.: MCX-SX/ID/2742/2015
March 13, 2015
SEBI order in the matter of Golden Heaven Agro Project India Limited (GHAPIL) and its
directors
SEBI vide its order no: WTM/SR/ERO/ 40 /03/2015 dated March 12, 2015 has issued the following
directions:
i.
GHAPIL (PAN: AAECG6236F) shall forthwith cease to mobilize any fresh funds from investors
through the offer of RPS or through the issuance of equity shares or any other securities, to
the public and/or invite subscription, in any manner whatsoever, either directly or indirectly
till further directions;
ii.
GHAPIL and its present Directors, viz. Shri Pradip Kumar Bera (DIN:05183653,
PAN:AHUPB3853F), Shri Gouranga Sundar Chakraborty (DIN:05211483, PAN:ATZPC0359C),
Shri Kalidas Datta (DIN:05302714, PAN:ACOPD9805C) and Shri Anukul Patra (DIN:06543925,
PAN:ATEPP2709C); its past directors viz. Shri Ashok Kumar Yadav (DIN:05183644,
PAN:ABXPY7352F), Shri Avijit Chakraborty (DIN:05183641, PAN:AQSPC7029H), Shri Mrinal
Kanti Paul (DIN:05211517, PAN:BIDPP6796G) and Smt. Minu Chakrabarti (DIN:05211488,
PAN:ATZPC0321Q) are prohibited from issuing prospectus or any offer document or issue
advertisement for soliciting money from the public for the issue of securities, in any manner
whatsoever, either directly or indirectly, till further orders;
iii.
GHAPIL and its abovementioned Directors, are restrained from accessing the securities
market and further prohibited from buying, selling or otherwise dealing in the securities
market, either directly or indirectly, till further directions;
iv.
GHAPIL shall provide a full inventory of all its assets and properties;
v.
GHAPIL's abovementioned Directors shall provide a full inventory of all their assets and
properties;
vi.
GHAPIL and its abovementioned Directors shall not dispose of any of the properties or
alienate or encumber any of the assets owned/acquired by that company through the offer
of RPS, without prior permission from SEBI;
vii.
GHAPIL and its abovementioned Directors shall not divert any funds raised from public at
large through the offer of RPS, which are kept in bank account(s) and/or in the custody of
GHAPIL;
viii.
GHAPIL and its abovementioned Directors shall furnish complete and relevant information
(as sought by SEBI vide letters dated July 10, 2014, July 14, 2014, August 08, 2014 , August
25, 2014 and September 30, 2014) within 21 days from the date of receipt of this interim
order cum show cause notice.
The above directions shall take effect immediately and shall be in force until further orders.
The full text of the order is available on SEBI’s website [www.sebi.gov.in ].
Members of the Exchange are advised to take note of the above and ensure compliance.
For and on behalf of
MCX Stock Exchange Ltd.
Prachi Lendhe
Sr. Manager
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