PR No. 17/2012

Order in the matter of Datasoft Application Software (India) Limited


Shri Prashant Saran, Whole Time Member, SEBI, has passed an order dated January 25, 2012, in the matter of Datasoft Application Software (India) Limited with following directions:-

a)     disposing of the show cause notice dated December 21, 2009 against Newfin Financial Services Private Limited and its directors Mr. G.S. Sridhar and  Mr. P.V. Murlikrishna without any directions and;

b)     restraining Vivenasri Financial Services Limited and its directors Mr. A. Rajendra Prasad, Mr. P.V. Murlikrishna  and Mr. K. Satyajit Ray from buying, selling or dealing in securities market whatsoever or accessing the securities market, directly or indirectly, for a period of six months from the date of the order.

The order shall come into force with immediate effect.

The full text of the order is available on the website: www.sebi.gov.in



Mumbai

February 01, 2012