Individually, Sebi has to recover Rs 5 lakh from Flawless Diamond, Rs 4 lakh Jagdish R Jani, Rs 3 lakh each from Sethia Gems, Balasaheb Kamble and Manmohan Gems as well as Rs 2.50 lakh from Akhilesh Kamla Prasad.
It also has to recover fines of Rs 2 lakh each from Jalak Jain and Abhishek Jain, while three entities -- Hiren Kirit Gandhi, Dinesh Kumar Pandey, Dilip Pawar -- have to pay Rs 1 lakh each.
Exercising powers to recover penalties from defaulters, Sebi in attachment notices released today has directed the banks to attach accounts held by these entities.
Besides, Sebi has asked depositories -- NSDL and CDSL -- to attach demat accounts of securities held by the defaulters.
In the notices to the banks and depositories, Sebi has said it had "sufficient reason" to believe that the defaulters may dispose of the amount and securities held in the bank and demat accounts respectively. This Sebi said could result in delay and obstruction in realising the amount.
Sebi has also asked banks to attach the lockers held by the entities as well as "all other amount/proceeds due or may become due to the defaulters or any other money held or may subsequently hold for or on account of defaulter".
It has further ordered the banks and depositories that with immediate effect no debit would be made in these accounts until further directions from the market regulator. However, the credits, if any into the account maybe allowed, Sebi said.