The Enforcement Directorate (ED) on Thursday said that they have seized immovable property belonging to G.V. Films Ltd, Chennai, in Tamil Nadu's Thanjavur in connection with a Foreign Exchange Management Act (FEMA) case.G.V. Films is accused of .
Sebi has barred two entities and five individuals for indulging in fraudulent trading activities with respect to GDR issuance by Soma Textiles & Industries Ltd. Soma Textiles & Industries Ltd is hereby restrained from accessing the securities market.directly or indirectly.for a period of 3 years from the date of this order, Sebi said in an order passed on Monday. Others facing the prohibition are SK Somany, AK Somany, P Bandopadhyay, Prafull Anubhai, Sunil Patel and Whiteview Trading Corporation. The ban has been imposed for a period ranging from 1-3 year. An investigation was conducted by Sebi with respect to the GDR (Global Depository Receipt) issuance by the company during October 1-31, 2006.