Manager
Investigation Department
Ph: 022-26449698
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IVD/IVD7/SG/KM/168724 /2009
June 29, 2009
Chandrakant Mohanlal Sangani
Partner
Laxmi Movers
Janta Chowk
Junagadh
Gujarat – 363 001
Sir,
Sub: Personal hearing in the matter of Dhanlaxmi Lease Finance Ltd.
This is in reference to the show cause notice posted on SEBI website on October 08, 2008.You are hereby given an opportunity of personal hearing before Dr K M Abraham, Whole Time Member, SEBI on July 16, 2009 at 3:30 pm at the address mentioned below:
Securities & Exchange Board of India
SEBI Bhavan, Plot C-4, Block G,
Bandra Kurla Complex, Bandra (East),
Mumbai – 400 051
If you wish to avail of the opportunity of hearing, you may appear before Whole Time Member on the said date personally or through your authorized representative including Advocate. In case you have any written submissions in response to the aforesaid show cause notice, you may submit the same to the Board before the date of personal hearing or at the time of hearing.
If you do not appear before WTM on the date of hearing, it will be presumed that you have nothing more to say in the matter and the WTM would go ahead with the matter and pass order as he may deem fit based on the material available on record including your submissions, if any, made earlier.
You may also note that Vide Circular no. EFD/ED/Cir-1/2007 dated April 20, 2007 (available at www.sebi.gov.in), SEBI has come out with guidelines for passing of consent orders. If you wish to avail the consent process, you may apply in the prescribed form given in the said Circular. Your application should be forwarded to the address mentioned in the said Circular under intimation to the undersigned.
Please confirm your attendance for the above hearing.
Yours faithfully,
K.Muthulakshmi
Encl: Show Cause Notice