May 12, 2005
NOTICE
Re: PUBLIC
NOTICE
Members are hereby informed that the Exchange
has received a letter bearing no.185/CUS/Certification/Public Notic/5128 dated
29. 04. 2005 form the Custodian’s Office along with which a copy of a Public
Notice in connection with certification (lifting of attachment by Hon’ble
Special Court, Mumbai) of shares in the name of or dealt with by persons /
parties involved in the 1992 Securities “ Scam” has been forwarded. The said
Notice, which is self explanatory, is reproduced below.
Quote
Office
of the Custodian
The Special Court (TORTS) Act, 1992
10th
Floor, Nariman Bhawan
227, Vinay K. Shah Marg, Nariman Point
Mumbai 400 021.
CERTIFICATION (LIFTING OF ATTACHMENT BY HON’BLE SPECIAL COURT, MUMBAI) OF SHARES IN THE NAME OF OR DEALT WITH BY PERSONS / PARTIES INVOLVED IN THE 1992 SECURITIES “ SCAM”
CUSTODIAN appointed under Section 3(1) of the Special Court (Trial of Offences
Relating to Transactions in Securities) Act, 1992 had notified certain
individuals / entities for their involvement in the offences relating to
transactions in securities in 1992. As on date, there are 60 such “Notified
parties”. The names of such entities are given at the end of this notice.
All assets belonging to such notified parties stood
attached on the date of notification. These assets also include shares
belonging to these notified parties. Some of the shares in the name of or dealt
with by such notified parties (hereinafter referred to as “tainted shares”) had
been purchased prior to notification by bonafide purchasers for value without
notice. However, since all properties of the notified persons were attached, a
procedure has been laid down for lifting the attachment (hereinafter referred
to as “certification”) of such shares
by the Hon’ble Special Court at Mumbai subject to providing sufficient evidence
to the satisfaction of Hon’ble Special Court by the purchasers.
Vide order dated
16th. March 2005, the Hon’ble Special Court, Mumbai has now laid
down a time limit of 60 days
from the date of this advertisement for submission of applications for
certification by purchasers of such “tainted” shares to the Hon’ble Special
Court. The Hon’ble Special Court has also ordered that no application for
certification will be entertained by the Custodian or the Hon’ble Special Court
on expiry of this period of 60 days and that no claims shall lie against the
Custodian or against the notified party / parties for payment of accruals on
such shares unless such application for certification of shares has been filed
within this period of 60 days.
All purchasers of such “ tainted” shares are therefore hereby called
upon to submit their applications for certification of shares to the Hon’ble
Special Court addressed to The Officer
On Special Duty, Office of the Special Court, Room No. 25, 3rd.
floor, High Court Annexe Building, Mumbai 400 032 within a period of 60 days
from this Public Notice and are informed that no applications for certification
will be entertained after expiry of this period of 60 days. Further, no claims
shall lie against the Custodian or against the notified party / parties for
payment of accruals on such shares if the application as mentioned above is not
filed within this period of 60 days.
The application for certification may be filed in the
Hon’ble Special Court duly notarized by a local notary supported with documents
as stated below :
(a) Xerox copy of
share certificates and Transfer deeds (both sides)
for the shares covered by the
application.
(b) Bill/Contract
Note issued by the broker in favour of the applicant.
(c) Documents in
support of payment made.
(d) Delivery Note
furnishing the details of shares delivered.
(e) Any other
document related to the transaction.
Name of the
Notified parties:
Sr. No. |
Name of the Notified party |
Date of Notification |
1 |
Mr. Harshad S. Mehta |
08.06.1992 |
2 |
Mr. Ashwin S. Mehta |
08.06.1992 |
3 |
Mr. Hitesh S. Mehta |
08.06.1992 |
4 |
Mr. Sudhir S. Mehta |
08.06.1992 |
5 |
Mrs. Jyoti H. Mehta |
08.06.1992 |
6 |
Mrs. Deepika A. Mehta |
08.06.1992 |
7 |
Mrs. Pratima H. Mehta |
08.06.1992 |
8 |
M/s.Harshad S. Mehta |
08.06.1992 |
9 |
M/s.Ashwin S. Mehta |
08.06.1992 |
10 |
M/s. Jyoti H. Mehta |
08.06.1992 |
11 |
Growmore Research &
Assets Mgt. Ltd. |
08.06.1992 |
12 |
Growmore Leasing &
Investment (P) Ltd. |
08.06.1992 |
13 |
Growmore Exports (P) Ltd.. |
08.06.1992 |
14 |
Aatur Holdings (P) Ltd. |
08.06.1992 |
15 |
Harsh Estate (P) Ltd.. |
08.06.1992 |
16 |
Cascade Holdings (P) Ltd. |
08.06.1992 |
17 |
Orion Travels (P) Ltd. |
08.06.1992 |
18 |
Fortune Holding (P) Ltd. |
08.06.1992 |
19 |
Treasure Holding (P) Ltd. |
08.06.1992 |
20 |
Velvet Holdings (P) Ltd.. |
08.06.1992 |
21 |
Eminent Holdings (P) Ltd. |
08.06.1992 |
22 |
Pallavi Holdings (P) Ltd. |
08.06.1992 |
23 |
Zest Holdings (P) Ltd. |
08.06.1992 |
24 |
Topaz Holdings (P) Ltd. |
08.061992 |
25 |
Divine Holdings (P) Ltd. |
08.06.1992 |
26 |
A. D. Narottam |
08.06.1992 |
27 |
H. P. Dalal |
08.06.1992 |
28 |
R. Sitaraman |
13.06.1992 |
29 |
B. C. Dalal |
02.07.1992 |
30 |
J. P. Gandhi |
02.07.1992 |
31 |
T. B. Ruia |
02.07.1992 |
32 |
Fairgrowth Financial
Services Ltd. |
02.07.1992 |
33 |
R. Ganesh |
02.07.1992 |
34 |
M/s. Dhanraj Mills Pvt.
Ltd. |
05.08.1992 |
35 |
Deepak B. Mehta |
07.01.1993 |
36 |
Naresh K. Aggarwala.. |
17.06.1997 |
37 |
M/s. Naresh K. Aggarwala
& Co. |
17.06.1997 |
38 |
Mrs. Preeti Aggarwala |
17.06.1997 |
39 |
Brisk Capital Market
Services (P) Ltd |
17.06.1997 |
40 |
Brisk Financial Consultant
(P) Ltd. |
17.06.1997 |
41 |
Brisk Exports |
17.06.1997 |
42 |
Brisk International Pvt.
Ltd |
17.06.1997 |
43 |
Peena Investments Pvt.
Ltd. |
17.06.1997 |
44 |
International Portfolios
Pvt. Ltd. |
17.06.1997 |
45 |
Savasthi Investments Pvt.
Ltd. |
17.06.1997 |
46 |
S. Ramaswamy |
17.06.1997 |
47 |
Jitendra R. Shroff (V. B.
Desai & Co) |
08.10.2001 |
48 |
S. K. Jhaveri |
08.10.2001 |
49 |
Pallav Sheth |
08.10.2001 |
50 |
Ketan V. Parekh |
08.10.2001 |
51 |
Navinchandra N. Parekh |
08.10.2001 |
52 |
Jaideep Jagdish Pathak |
20.11.2001 |
53 |
G.N.Hegade |
20.11.2001 |
54 |
Kishore Narottamdas
Amerchand |
20.11.2001 |
55 |
M/s. Fairgrowth
Investments Ltd. |
20.11.2001 |
56 |
Haresh K. Dalal |
20.11.2001 |
57 |
Ajay Kayan |
20.11.2001 |
58 |
M/s. Dhyan Investments and
Trading Co. Ltd. |
20.11.2001 |
59 |
M/s. Rahul & Co. |
20.11.2001 |
60 |
Gaurishankar Kayan. |
20.11.2001 |
Dated: 21st. Day of April 2005
Sd/
CUSTODIAN
Members are advised to note
the Contents of the aforesaid Notice.
Secretary