| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 21 |
|
INDIA ADVANTAGE FUND IV
|
|
|
ALLEGED MISREPRESENTATION TO INVESTORS WITH REGARD TO REGISTRATION STATUS VIOLATING REGULATIONS 4(1), 4(2)(F) AND 4(2)(K) OF SEBI PFUTP REGULATIONS, 2003
ALLEGED DEFAULT IN PROPOSAL FOR EXTENSION, LIQUIDITY AND CONSENT OF INVESTORS VIOLATING REGULATIONS 4(1), 4(2)(F) AND 4(2)(K) OF SEBI PFUTP REGULATIONS, 2003
ALLEGED MANAGEMENT OF FUNDS NOT IN ACCORDANCE WITH TERMS AND CONDITIONS SPECIFIED IN PRIVATE PLACEMENT MEMORANDUM VIOLATING REGULATION 16(1) (A) OF SEBI (VENTURE CAPITAL FUNDS) REGULATIONS, 1996
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.5,21,92,635 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
29-NOV-2019
|
|
| 22 |
|
|
INDIA ADVANTAGE FUND IV
|
|
|
ALLEGED MISREPRESENTATION TO INVESTORS WITH REGARD TO REGISTRATION STATUS VIOLATING REGULATIONS 4(1), 4(2)(F) AND 4(2)(K) OF SEBI PFUTP REGULATIONS, 2003
ALLEGED DEFAULT IN PROPOSAL FOR EXTENSION, LIQUIDITY AND CONSENT OF INVESTORS VIOLATING REGULATIONS 4(1), 4(2)(F) AND 4(2)(K) OF SEBI PFUTP REGULATIONS, 2003
ALLEGED MANAGEMENT OF FUNDS NOT IN ACCORDANCE WITH TERMS AND CONDITIONS SPECIFIED IN PRIVATE PLACEMENT MEMORANDUM VIOLATING REGULATION 16(1) (A) OF SEBI (VENTURE CAPITAL FUNDS) REGULATIONS, 1996
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.5,21,92,635 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
02-DEC-2019
|
|
| 23 |
|
|
INDIA ADVANTAGE FUND IV
|
|
|
ALLEGED MISREPRESENTATION TO INVESTORS WITH REGARD TO REGISTRATION STATUS VIOLATING REGULATIONS 4(1), 4(2)(F) AND 4(2)(K) OF SEBI PFUTP REGULATIONS, 2003
ALLEGED DEFAULT IN PROPOSAL FOR EXTENSION, LIQUIDITY AND CONSENT OF INVESTORS VIOLATING REGULATIONS 4(1), 4(2)(F) AND 4(2)(K) OF SEBI PFUTP REGULATIONS, 2003
ALLEGED MANAGEMENT OF FUNDS NOT IN ACCORDANCE WITH TERMS AND CONDITIONS SPECIFIED IN PRIVATE PLACEMENT MEMORANDUM VIOLATING REGULATION 16(1) (A) OF SEBI (VENTURE CAPITAL FUNDS) REGULATIONS, 1996
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.5,21,92,635 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
02-DEC-2019
|
|
| 24 |
|
|
INVESTCORP INFRASTRUCTURE FUND I
(PAN:AAATI6545E)
|
|
|
ALLEGED DELAY IN WINDING UP OF SCHEME, LIQUIDATION OF ASSETS AND DISTRIBUTION OF PROCEEDS VIOLATING REGULATIONS 23(1)(A) READ WITH 24(2) OF SEBI (VENTURE CAPITAL FUNDS) REGULATIONS, 1996 IN MATTER OF INVESTCORP PRIVATE EQUITY FUND I
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.11,09,250 VIDE CONSENT ORDER)
25-SEP-2026
|
|
| 25 |
|
|
KAIZEN TRUST
(PAN:AABTK5711F)
|
|
|
ALLEGED DELAY IN WINDINGUP OF SCHEME VIOLATING REGULATIONS 23(1)(A) READ WITH 24(2) OF SEBI (VENTURE CAPITAL FUNDS) REGULATIONS, 1996 IN MATTER OF KAIZEN DOMESTIC SCHEME I
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.10,87,500 VIDE CONSENT ORDER)
23-SEP-2026
|
|
| 26 |
|
|
KOTAK INDIA GROWTH FUND II
(PAN:AABTK3261A)
|
|
|
ALLEGED DELAY IN COMPLETING WINDING UP PROCESS OF SCHEME AND DISTRIBUTION OF LIQUIDATION PROCEEDS TO INVESTORS/CONTRIBUTORS VIOLATING REGULATIONS 23(1)(A) READ WITH 23(3) AND 24(2) OF SEBI (VENTURE CAPITAL FUNDS) REGULATIONS, 1996
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.10,87,500 VIDE CONSENT ORDER)
05-JUN-2026
|
|
| 27 |
|
|
TRUE NORTH ENTERPRISE PVT.LTD.
(PAN:AADCI8979A)
|
|
|
ALLEGED DELAY IN WINDING UP OF SCHEME VIOLATING REGULATIONS 23(1)(A) READ WITH 24(2) OF SEBI (VENTURE CAPITAL FUNDS) REGULATIONS, 1996 IN MATTER OF TRUE NORTH FUND SCHEME B
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.10,87,500 VIDE CONSENT ORDER)
22-SEP-2026
|
|
| 28 |
|
|
TRUE NORTH ENTERPRISE PVT.LTD.
(PAN:AADCI8979A)
|
|
|
ALLEGED DELAY IN WINDING UP OF SCHEME VIOLATING REGULATIONS 23(1)(A) READ WITH 24(2) OF SEBI (VENTURE CAPITAL FUNDS) REGULATIONS, 1996 IN MATTER OF TRUE NORTH FUND III-A
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.10,87,500 VIDE CONSENT ORDER)
22-SEP-2026
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
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