Mumbai, Sep 28 (PTI) To recover the investors money, collected illegally by Saradha Realty, regulator Sebi has ordered attachment of 134 properties of the West Bengal-based firm and its chief Sudipta Sen to recover Rs 774.3 crore along with other dues and the applicable interest. The properties being attached include land parcels, buildings, flats, resorts, as also furniture, televisions, refrigerators, generators and computers along with all other “movable assets” held by the two defaulters. Most of these assets are located in West Bengal, as per the attachment order wherein Sebi has also asked Saradha Realty India Ltd and Sudipta Sen to provide full details of all their movable and immovable properties. Sebi had first passed order against Saradha in April 2013 after a massive ponzi scheme like fraud came to light. Sebi had ordered Kolkata-based Saradha Realty India to close all its collective schemes and refund the money collected from investors within three months. Besides, the company and its chief were also barred from the markets. In further action, Sebi in June this year attached various bank and demat accounts of the two defaulters, but funds available in those accounts were not sufficient for recovery of the dues. The recovery proceedings were initiated on June 4, 2015, Saradha Realty India Ltd and its Managing Director Sudipta Sen for their failure to pay a sum of Rs 774.3 crore (as a partial amount) “along with returns due to investors, along with further interest, all costs, charges and expenses incurred in respect of all the proceedings taken for recovery”. Sebi said the defaulters failed to pay the amount and did not even respond to the recovery notices. The regulator said it has learnt that the defaulters are in possession of certain properties and they may dispose, transfer or alienate the assets to obstruct or delay the recovery of investors money and therefore it was ordering the attachment. Giving a list of all such properties, Sebi said that “all persons are hereby prohibited from taking any benefit under such disposal, transfer, alienation or charge in respect of the properties mentioned above, which stand attached in execution of the Recovery Certificate”. MORE SP BJ SAadvertisement
Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items:cape eleuthera, javan hunt, Moore bahams foundation, Save The Bays, youth environmental ambassador Recommended for you Facebook Twitter Google+LinkedInPinterestWhatsAppThe Bahamas, 17 December 2014 – It’s rare that a school visit elicits a response so effusive it sounds like something reserved for eyeballing an Orca, but then neither the school nor the students were ordinary when the education team from Save The Bays landed at The Island School, Cape Eleuthera recently for a scientific symposium.It was environmental protection advocates meeting those who live, work, teach and breathe the environment, making the most of nature’s bounty with sustainable energy and renewables while sharing lessons they have learned with those will become the future stewards of a fragile eco-system.The hands-on, four-day, live-in training was made possible by a grant from the fast-growing environmental movement Save The Bays. Like last year’s symposium attendance which was funded by the Moore Bahamas Foundation, this year’s brought members of the education arm of Save The Bays, headed by Joseph Darville, and its Youth Environment Ambassadors (YEA) Facilitators to the Cape Eleuthera Institute and The Island School.The school, started in 1999 with six students and the philosophy “We live what we teach” has become a magnet for high school seniors from various countries who grow their own food, explore the coral reefs and the deep, interacting with sharks, sea turtles and other marine species, learning eco-management. All their surroundings, including living quarters, are textbook sustainable.“The best part of this trip was actually seeing and experiencing how technology/development and nature can live and work together in harmony and peace without devastation and destruction,” said Javan Hunt, Environmental Facilitator. “It can be done! And now I take with me this blueprint and will implement what I can in my personal life, teach those willing to learn and lead by example.”Hunt echoed what environmental spokesmen have frequently said – that blue and green economies can provide untold numbers of jobs without endangering species or resources. “Each time we attend, we return renewed and even more passionate about leading our youth expertly along the path of creating a dynamic, sustainable and leadership role in preserving and protecting the unique beauty and resources of this archipelagic nation,” said Darville. “The Island School and Cape Eleuthera are undoubtedly the microcosm of the type of environmental stewardship that should be propagated throughout our island nation.”YEA Facilitator Jensen Farquharson agreed.“I am thankful to Save The Bays affording me the opportunity to be a part of an experience that will forever enforce my faith in the hope that this country can realize its potential if we invest in our young people wisely,” said Farquharson. “The island of Eleuthera is certainly a paradise: the people, the marine scenery, and the unique topography confirmed why I love this country.”Leadership trainer Sharon Glover called Eleuthera “one of God’s greatest creations,” encouraging every Bahamian to visit Eleuthera and The Island School.“I do believe it would renew and confirm their belief that there is no place like the Bahamas and therefore we should do everything in our powers to preserve and protect it.”Protecting the environment and preserving it for future generations are the primary goals of Save The Bays, the record-breaking non-government organization that has amassed more than 17,000 friends on Facebook since its launch in April 2013. Its petition at savethebays.bs calling on government to pass an environmental protection act, a freedom of information act, control oil pollution and end unregulated development has nearly 7,000 signatures. Government ‘jumped the gun’ over Rubis leak risks Musical Legend KB’s Latest Save The Bays Release ‘Das What Real Bahamians Do’ Tackles the Silent Tough One, the PSA Environmentalist warns of a third possible Rubis leak
Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. Opinions expressed by Entrepreneur contributors are their own. Google+ combines many popular features of Facebook and Twitter into a centralized social hub. There’s a group video chat feature called “Hangouts,” and a user-defined topical news feed (like Twitter’s hashtag) called “Sparks.” But maybe the most unique feature — and SEO-relevant — is “Google Circles,” which gives users the ability to share content with specified groups, or “circles” of people. As users build these circles, they’ll be able to see the sites that members of their circles have +1’d in Google’s search engine results pages, or SERPs.While “+1″s are currently appearing in the search pages for users that are logged in to their Google accounts, it’s too early to say exactly how “+1″s will affect users who aren’t logged in. Looking at how Facebook and Twitter “Likes” and “retweets” currently affect where a site appears within search pages, one has to assume these +1’s will be as influential, if not more.As search engines evolve to make searching more social, the main value added of “Likes” and “tweets” showing in SERPs is the concept of something I like to call, “trusted endorsements.” If someone searches for a product or service, there’s a good chance that customer reviews and recommendations will play some role in their decision making process. When looking at these reviews, users trust the opinions of strangers. They assume that these reviews are honest, but there’s always a hint of lingering skepticism.Now imagine the same user is searching for the same product or service, but instead of having to rely on the opinions of strangers, they see recommendations from friends, co-workers or family members. Just like in real life, the opinions of people in their “circles” influence the decisions they make. That’s the potential Google+ holds.So how do you optimize for recommendations?Google has built upon some of the best features of existing social media sites in an attempt to make search less about computer algorithms and more about real people. Google+ and the +1 button are empowering users to influence other peoples’ online activity.This isn’t SEO in the traditional sense, optimizing for these trusted endorsements is an entirely new strategy altogether. Now more than ever, marketers must focus on providing the best customer experience possible, and encourage +1 recommendations everywhere they can.Mike Spadier is the online marketing manager for InMotion Hosting, a Los Angeles based Web hosting provider specializing in small- and medium-sized businesses. Register Now » August 3, 2011 min read By now you’ve probably heard about Google+, the latest social networking craze and most recent effort by Google to take on Facebook and Twitter. But did you know that it could affect how your business’s website gets found on Google’s search engine?In addition to building a social networking powerhouse, Google’s aim with its “+1” button — the equivalent of Facebook’s “Like” button — is to determine the social value of websites, or, in other words, they want consumers to add personalized recommendations to Web content and business sites. At present, it actually looks like Google may just pull it off. Since its June 28 release, more than 20 million people have already jumped onboard Google+. With such an unbelievable early adoption rate, many internet marketing professionals are beginning to wonder if those “+1″s will also start affecting how businesses use search-engine optimization, or SEO.