(a) the names of the tainted companies against whom probe has been ordered; and
(b) the outcome of the probe and the action taken against the companies?
(a) the names of the tainted companies against whom probe has been ordered; and
(b) the outcome of the probe and the action taken against the companies?
MINISTER OF COMPANY AFFAIRS (SHRI PREM CHAND GUPTA)
(a) Inspections of 96 Companies have been conducted under sections 209A of the Companies Act, 1956 based on preliminary investigation report of Securities & Exchange Board of India (SEBI) in connection with Stock Market Scam, 2001. A list of such companies is enclosed at Annexure-I. Investigation under section 235/237 of the Companies Act, 1956 in respect of 17 companies mentioned on the aforesaid report of SEBI was also ordered .A list of such companies is enclosed as Annexure-II.
(b) Prosecutions for established violations of the Companies Act 1956 have been ordered/launched.
INSPECTIONS ORDERED BASED ON PRELIMINARY INVESTIGATION REPORT OF SEBI IN CONNECTION WITH RECENT MARKET SCAM
Ketan Parekh Groups
1. M/s NH Securities Ltd WR
2. M/s Triumph International Finance Ltd WR
3. M/s Classic Share & Stock Broking Services Ltd WR
4. M/s KNP Securities Pvt Ltd WR
5. M/s VN Parekh Securities Pvt. Ltd WR 6. M/s Panther Fincap Management Services Ltd WR
7 M/s Panther Investrade Ltd WR
8. M/s Classic Credit Ltd WR
9. M/s Saimangal Investrade Ltd WR 10. M/s Classic Infin Ltd ER 11. M/s Panther Industrial Products Ltd WR 12. M/s Goldfish Computer Pvt. Ltd WR 13. M/s Nakshatra Software Pvt Ltd WR 14. M/s Chitrakoot Computers Pvt Ltd WR 15. M/s Luminant Investment Pvt. Ltd WR 16. M/s Triumph Securities Pvt. Ltd WR
Nirmal Bang Group
17. M/s Bama Securities Ltd WR 18. M/s Nirmal Bang Securities Ltd WR 19. M/s Bang Equity Broking Pvt. Ltd WR 20. M/s Bang Securities Pvt Ltd WR 21. M/s Nadi Finance & Investment Pvt. Ltd WR
Shankar Sharma & Devina Mehra Group
22. M/s First Global Finance Pvt Ltd NR 23. M/s First Global Stock Broking Pvt Ltd NR 24. M/s Vruddhi Confinvest India Pvt. Ltd WR
Shailesh Shah Group
25. M/s Dolat Capital Market Ltd WR 26. M/s Nirpan Securities Ltd WR 27. M/s Shailelsh Shah Securities Ltd WR
Radha Krishan Damani Group
28. M/s Damani Share & Stock Brokers Pvt. Ltd WR 29. M/s Maheshwari Equity Brokers Pvt. Ltd WR 30. M/s Jhunjhunwala Stock Broker Pvt. Ltd WR 31. M/s Pratik Stock Vision Pvt. Ltd WR 32. M/s Damani Estates & Finance Pvt. Ltd WR 33. M/s Bright Star Investments Ltd WR 34. M/s Krishna Securities Ltd NR 35. M/s Avenue Stock Brokers India Pvt. Ltd WR
Ajay Keyan Group
36. M/s C Mackertich Ltd ER 37. M/s SMIFS Securities Ltd ER 38. M/s Stewart Securities Ltd ER 39. M/s Maya Trade Link Ltd ER 40. M/s Powerflow Holdings Pvt Ltd ER 41. M/s Mackertich Consultancy services Pvt Ltd ER 42. M/s PNR Securities Ltd NR
Consortium Group
43. M/s Consortium Securities Ltd NR 44. M/s CSL Securities Pvt Ltd NR 45. M/s CSL Stock Broking Pvt Ltd NR
BLB Group
46. M/s BLB Ltd NR
Rathi Group
47. M/s Rathi Global Finance Ltd NR 48. M/s Anand Rathi Securities Pvt. Ltd WR 49. M/s Navratan Capital & Securities Pvt. Ltd WR 50. M/s Rathi Capital & Services Pvt. Ltd. WR 51. M/s Amit Capital & Securities Pvt. Ltd WR 52. M/s Pushp Capital & Securities Pvt. Ltd WR 53. M/s Gerard Viegs Finvest Pvt. Ltd WR 54. M/s Hitkari Finvest Pvt Ltd WR 55. M/s Preetraj Finvest Pvt Ltd WR 56. M/s Suresh Rathi Securities Pvt Ltd WR
Zee Tele Group
57. M/s Zee Telefilms Ltd WR 58. M/s Siticable Network Pvt Ltd WR 59. M/s Digital Superhighway WR 60. M/s Briggs Trading Co Pvt. Ltd WR 61. M/s Prajatma Trading Co Pvt. Ltd WR 62. M/s Churu Trading Co Pvt. Ltd WR 63. M/s Ganjam Trading Co Pvt Ltd WR
Other Companies
64. M/s Zee Gold Refinery Ltd WR 65. M/s Palombe Securities & Finance Ltd WR 66. M/s Global Telesystems Ltd WR 67. M/s Himachal Futuristic Communication Ltd NR 68. M/s Burlington Finance Ltd ER 69. M/s DSQ Software Ltd SR 70. M/s Pentamedia Graphics Ltd SR 71. M/s Nirma Ltd WR 72. M/s Ranbaxy Laboratories Ltd NR 73. M/s Kopran Ltd WR 74. M/s Adani Export Ltd WR 75. M/s Lupin Laboratores Ltd WR 76. M/s Padmini Polymers Ltd NR 77. M/s Shonkh Technologies Ltd NR 78 M/s Amar Raja Batteries Ltd SR 79. M/s Global Trust Bank Ltd SR 80. M/s Monesh Consultancy Pvt Ltd WR 81. M/s Moncon Investment Ltd WR 82. M/s Manmandir Estate Developers (P) Ltd WR 83. M/s Credit Suisse First Boston (I) Securities Pvt Ltd WR 84. M/s JM Morgan Stanley Securities Pvt Ltd WR 85. M/s JM Morgan Retail Services Pvt Ltd WR 86. M/s Aftek Infosys Ltd WR 87. M/s Silverline Industries Ltd WR 88. M/s Doe Jones Investments & Consultants Pvt Ltd ER 89. M/s Arihant Exim Scrip Pvt Ltd ER 90. M/s Tripoli Consultancy Services Pvt Ltd ER 91. M/s Khenami Securities Pvt Ltd ER 92. M/s SSI Ltd SR 93. M/s Cyberspace Ltd NR 94. M/s Pruthvi Brokers & Shareholdings Pvt Ltd WR 95. M/s Biyani Securities Pvt Ltd ER 96. M/s Satyam Computer Services Ltd SR
ANNEXURE-II
Investigation ordered based on preliminary investigation report of SEBI in connection with recent Market Scam
S.N. Name of the Company
1. M/s DSQ Software Ltd.
2. M/s Panther Industrial Products Ltd
3. M/s Luminant Investments Pvt. Ltd
4. M/s Goldfish Computer Pvt. Ltd.
5. M/s Panther Fincap and Management services Ltd 6. M/s Manmandir Estate Developers Pvt. Ltd.
7 M/s Classic Shares & Stock Broking Services Ltd.
8. M/s Classic Credit Ltd.
9. M/s N. H. Securities Ltd. 10. M/s Chitrakut Computers Pvt. Ltd. 11. M/s Nakshatra Software Pvt. Ltd. 12. M/s Panther Investrade Ltd. 13. M/s Triumph International and Finance India Ltd. 14. M/s K.N.P Securities Pvt. Ltd. 15. M/s V.N. Parekh Securities Pvt. Ltd. 16. M/s Saimangal Investrade Ltd. 17. M/s Triumph Securities Ltd.