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Regulations referred

Prohibition of Insider Trading [13.6]
Substantial Acquisition of Shares and Takeovers [2.l.k.2, 30.3], 2.1.e.2, 11or12, 2.l.q].2, 31.2readwith31.3, 31.3], 8.3, 8.2, 2.1.b, 2.1.e, 11.2, 7.3, 2.l.q.2, 11.2}, 31.2, 30.1, 30.3, 2.l.e.2, 30.2, 10, 2.l.q.l, 31.3, 30.1}]

News Articles Referring the case

[81] SEBI bans Paramount Printpackaging, officials from capital markets for 5 years for IPO fund diversion
[588] Sebi bans Paramount Printpackaging, officials from markets for 5 years for IPO fund diversion
[2972] SAT asks Chhabrias to make open offer for Herbertsons
[3371] SEBI bans Paramount Printpackaging, officials from mkts for 5 years for IPO fund diversion