| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 61 |
|
PRASAD VANGA
(PAN:ABXPV6790N)
|
|
|
|
ANTHILL CAPTIAL VENTURES
PAN:AAGTA8058A
|
|
|
ANTHILL VENTURE CAPITAL ADVISORS LLP
PAN:ABLFA4180D
|
|
DELAY IN OBTAINING SHARE CERTIFICATES
GRANTED LOANS TO PORTFOLIO COMPANIES
DELAY IN FILING PRIVATE PLACEMENT MEMORANDUM (PPM) AUDIT REPORT
|
IMPOSED PENALTY RS.1,00,000
28-JAN-2025
|
|
| 62 |
|
|
PRASHANT SAGWEKAR
(PAN:AVUPS1958E)
|
|
|
|
PENBROOK CAPITAL ADVISORS PVT.LTD.
PAN:AAGCP3459B
|
|
ALLEGED FAILURE IN CONTINUING INTEREST OF RS.5.0 CRORE IN FORM OF INVESTMENT AND EXTENSION OF TENURE OF FUND MORE THAN PERMISSIBLE PERIOD (4 YEARS + 1 YEAR) IN PRIVATE PLACEMENT MEMORANDUM VIOLATING REGULATION 7(1)(A) READ WITH SEBI CIRCULAR NO.CIR/IMD/DF/14/2014 DATED 19/06/2014
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.63,75,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
28-JAN-2022
|
|
| 63 |
|
|
PRASHANT SAGWEKAR
(PAN:AVUPS1958E)
|
|
|
|
PENBROOK CAPITAL ADVISORS PVT.LTD.
PAN:AAGCP3459B
|
|
ALLEGED FAILURE IN MONITORING COMPLIANCE OF VARIOUS REQUIREMENTS VIOLATING REGULATIONS 10(C), 10(D), 11(2) AND 13(4) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
ALLEGED FAILURE IN UPLOADING OF KYC DATA OF EXISTING INDIVIDUAL CLIENTS WITH CKYCR VIOLATING SEBI MASTER CIRCULAR NO.SEBI/HO/MIRSD/DOP/CIR/P/2019/113 DATED 15/10/2019 AND CIRCULAR NO.CIR/IMD/DF/14/2014 DATED 24/06/2019
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.21,25,000 VIDE CONSENT ORDER)
28-JAN-2022
|
|
| 64 |
|
|
PRATEEK GUPTA
(PAN:BGZPG8303C)
(Along with : NARESH CHAND GUPTA,
DIVYA SINGHAL,
RAMAN NAGPAL)
|
|
|
|
ACCURACAP PRIME OPPORTUNITIES FUND
PAN:AAGTA5589A
|
|
|
ACCURACAP TECHNOLOGIES LLP
PAN:AAAFQ3030E
|
|
ALLEGED FAILURE TO MAINTAIN MINIMUM CORPUS OF RS.20 CRORE IN MATTER OF ACCURACAP VECTRA FUND
ALLEGED FAILURE TO RESTORE CORPUS ABOVE RS.20 CRORE WITHIN THREE MONTHS FROM THE DATE OF SUCH BREACH IN MATTER OF ACCURACAP VECTRA FUND
ALLEGED FAILURE TO REDEEM THE UNITS AND WIND UP THE SCHEME DESPITE FAILURE TO RESTORE CORPUS WITHIN STIPULATED PERIOD IN MATTER OF ACCURACAP VECTRA FUND
ALLEGED EXCEEDING MAXIMUM PERMISSIBLE INVESTMENT LIMIT IN A SINGLE INVESTEE COMPANY IN MATTER OF ACCURACAP VECTRA FUND
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.21,75,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
17-MAR-2026
|
|
| 65 |
|
|
PRAVEEN DWARAKANATH
(PAN:ANKPD7583J)
|
|
|
|
WHITESPACE ALPHA TRUST
PAN:AAATW5453D
|
|
|
WHITESPACE FUND LLP
PAN:AADFW1831G
|
|
ALLEGED VIOLATION OF CONCENTRATION LIMIT OF 10% OF INVESTABLE FUNDS IN A SINGLE INVESTEE COMPANY
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.15,00,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
15-FEB-2024
|
|
| 66 |
|
|
RAJEEV ASHOK PIRAMAL
(PAN:AAEPP7727R)
|
|
|
|
PENBROOK CAPITAL ADVISORS PVT.LTD.
PAN:AAGCP3459B
|
|
ALLEGED FAILURE IN CONTINUING INTEREST OF RS.5.0 CRORE IN FORM OF INVESTMENT AND EXTENSION OF TENURE OF FUND MORE THAN PERMISSIBLE PERIOD (4 YEARS + 1 YEAR) IN PRIVATE PLACEMENT MEMORANDUM VIOLATING REGULATION 7(1)(A) READ WITH SEBI CIRCULAR NO.CIR/IMD/DF/14/2014 DATED 19/06/2014
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.63,75,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
28-JAN-2022
|
|
| 67 |
|
|
RAJESH RAMAN KRISHNAN
(PAN:BRQPK9968P)
(Along with : KIRTI MALLANAGOUDA TIMMANAGOUDAR)
|
|
|
|
BRICK EAGLE CAPITAL ADVISORY LLP
PAN:AALFB8806C
|
|
DID NOT HAVE CONTINUING INTEREST IN BRICK EAGLE TRUST
DID NOT ACHIEVE SECOND CLOSING AND FINAL CLOSING IN TERMS PRIVATE PLACEMENT MEMORANDUM (PPM)
DID NOT OBTAIN APPROVAL FROM INVESTORS BEFORE MAKING INVESTMENTS IN ASSOCIATE COMPANIES OF ITS SPONSOR
INVESTED UN-INVESTED PORTION OF INVESTIBLE FUNDS IN LOW DURATION FUNDS INSTEAD OF LIQUID FUNDS
DID NOT INTIMATE CHANGES IN DESIGNATED PARTNERS OF THE SPONSOR/MANAGER TO SEBI
DID NOT DISCLOSE INFORMATION SUCH AS FINANCIAL, RISK MANAGEMENT, OPERATIONAL, PORTFOLIO AND TRANSACTIONAL INFORMATION REGARDING INVESTMENTS TO ITS INVESTORS
DID NOT DISCLOSE INFORMATION SUCH AS FINANCIAL INFORMATION OF ITS INVESTEE COMPANIES, MANAGEMENT OF MATERIAL RISKS TO ITS INVESTORS
DID NOT MAINTAIN DATED AND SIGNED RATIONALE FOR THE INVESTMENTS MADE AND ALSO FAILED TO MAINTAIN HIGH STANDARDS OF INTEGRITY AND FAIRNESS IN ALL THEIR DEALINGS
DID NOT MAINTAIN HIGH STANDARDS OF INTEGRITY AND FAIRNESS IN ALL THEIR DEALINGS AND IN THE CONDUCT OF BUSINESS AND DID NOT RENDER HIGH STANDARD OF SERVICE AND EXERCISE DUE DILIGENCE
DID NOT UNDERTAKE VALUATION OF INVESTMENTS FOR PERIOD FROM 21/12/2018 AND 25/08/2020
DID NOT UPLOAD KYC INFORMATION OF ITS CLIENTS IN THE KRA AND DID NOT CARRY OUT IN-PERSON VERIFICATION OF CLIENTS
DID NOT MAINTAIN ANTI MONEY LAUNDERING POLICY AND DID NOT APPOINT PRINCIPAL OFFICER AND DESIGNATED DIRECTOR
DID NOT SUBMIT COMPLIANCE TEST REPORT TO TRUSTEE WITHIN THIRTY DAYS FROM THE END OF F.Y. 2019-20
DID NOT CARRY OUT ANNUAL AUDIT OF COMPLIANCE FOR F.Y. 2020-21
DID NOT ACT IN BEST INTEREST OF ALL INVESTORS FOR CONDUCT OF BUSINESS AND PROVIDING PREFERENTIAL TREATMENT TO CERTAIN INVESTORS BY FAILING TO DRAWDOWN REQUISITE AMOUNTS IN LINE WITH CONTRIBUTION AGREEMENTS FROM TWO INVESTORS
|
DIRECTED TO ENSURE THAT THE SCHEME OF FUND WOUND UP BY PROVIDING EXIT TO ITS INVESTORS/UNIT HOLDERS
DIRECTED TO FILE REPORT CERTIFIED BY CHARTERED ACCOUNTANT DECLARING THAT ALL THE INVESTORS OF SCHEME HAVE BEEN PROVIDED EXIT AND SCHEME OF FUND STANDS WOUND UP AND REPORT TO BE FILED WITHIN THREE WEEKS AFTER COMPLETION OF THE EXIT AND REPAYMENT TO INVESTORS/UNIT HOLDERS OF SCHEME
IMPOSED PENALTY RS.5,00,000 ALONG WITH OTHER ENTITIES/PERSONS
RESTRAINED FROM ASSOCIATING DIRECTLY OR INDIRECTLY, WITH ANY REGISTERED INTERMEDIARIES INCLUDING SEBI REGISTERED FUNDS SUCH AS MUTUAL FUNDS, ALTERNATIVE INVESTMENT FUNDS, PORTFOLIO MANAGEMENT SERVICES ETC. WHICH DEAL WITH INVESTOR’S MONEY IN ANY MANNER FROM 28-FEB-2024 TO 27-MAY-2024
28-FEB-2024
|
|
| 68 |
|
|
RAJESH RATANLAL LADDHA
(PAN:ABOPL3015F)
|
|
|
|
PIRAMAL INVESTMENT ADVISORY SERVICES PVT.LTD.
PAN:AAHCP2291G
|
|
ALLEGED VIOLATION OF REGULATIONS 10(D), 13, 27 (1) (D) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012 AND SEBI MASTER CIRCULAR NO.CIR/ISD/AML/3/2010 DATED 31/12/2010 IN MATTER OF PIRAMAL INVESTMENT OPPORTUNITIES FUND
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.76,50,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
30-JUN-2021
|
|
| 69 |
|
|
RAJGOPALAN SANTHANAM
(PAN:AADPS1429F)
|
|
|
ALLEGED INVESTMENT IN MUTUAL FUNDS CATEGORIZED AS LARGE CAPITAL FUNDS
ALLEGED FAILURE IN MAKING DISCLOSURE TO INVESTORS THE LEVEL OF LEVERAGE ARISING FROM POSITION HELD IN FUTURES
ALLEGED DELAY IN OBTAINING SCORES LOGIN AND PASSWORD
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.49,40,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
01-AUG-2023
|
SEBI VIDE ITS ORDER DATED 18/12/2023 DISPOSED OF THE APPEAL AS THE SETTLEMENT AMOUNT OF RS.49.40 LAC HAS BEEN PAID AS PER THE SETTLEMENT ORDER DATED 01/08/2023 READ WITH ADDENDUM DATED 05/12/2023
|
| 70 |
|
|
RAMAN NAGPAL
(PAN:ABSPN1820E)
(Along with : NARESH CHAND GUPTA,
PRATEEK GUPTA,
DIVYA SINGHAL)
|
|
|
|
ACCURACAP PRIME OPPORTUNITIES FUND
PAN:AAGTA5589A
|
|
|
ACCURACAP TECHNOLOGIES LLP
PAN:AAAFQ3030E
|
|
ALLEGED FAILURE TO MAINTAIN MINIMUM CORPUS OF RS.20 CRORE IN MATTER OF ACCURACAP VECTRA FUND
ALLEGED FAILURE TO RESTORE CORPUS ABOVE RS.20 CRORE WITHIN THREE MONTHS FROM THE DATE OF SUCH BREACH IN MATTER OF ACCURACAP VECTRA FUND
ALLEGED FAILURE TO REDEEM THE UNITS AND WIND UP THE SCHEME DESPITE FAILURE TO RESTORE CORPUS WITHIN STIPULATED PERIOD IN MATTER OF ACCURACAP VECTRA FUND
ALLEGED EXCEEDING MAXIMUM PERMISSIBLE INVESTMENT LIMIT IN A SINGLE INVESTEE COMPANY IN MATTER OF ACCURACAP VECTRA FUND
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.21,75,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
17-MAR-2026
|
|
| 71 |
|
|
RAMASWAMY SHIVARAMAN
(PAN:BZOPS3579J)
|
|
|
|
WHITESPACE ALPHA TRUST
PAN:AAATW5453D
|
|
|
WHITESPACE FUND LLP
PAN:AADFW1831G
|
|
ALLEGED VIOLATION OF CONCENTRATION LIMIT OF 10% OF INVESTABLE FUNDS IN A SINGLE INVESTEE COMPANY
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.15,00,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
15-FEB-2024
|
|
| 72 |
|
|
RENUKA RAMNATH
(PAN:AADPR8108D)
(Along with : SUDHIR VARIYAR)
|
|
|
|
MULTIPLES ALTERNATE ASSET MANAGEMENT PVT.LTD.
PAN:AAGCM0997F
|
|
|
MULTIPLES EQUITY FUND TRUSTEE PVT.LTD.
PAN:AAGCM5302G
|
|
|
MULTIPLES PRIVATE EQUITY FUND
PAN:AACTM5770B
|
|
ALLEGED FAILURE TO WIND UP MULTIPLES PRIVATE EQUITY FUND – SCHEME I UPON EXPIRY OF ITS TENURE VIOLATING REGULATIONS 13(5), 29(1), 29(5), 29(7) READ WITH 20(1) AND 20(5) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012 AND CLAUSES 2(A) AND 2(C) OF CODE OF CONDUCT UNDER (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.92,62,500 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
16-MAR-2026
|
|
| 73 |
|
|
RITESH VOHRA
(PAN:ABBPV4200D)
|
|
|
|
INVESTCORP INDIA ASSET MANAGERS PVT.LTD.
PAN:AAFCI0227D
|
|
|
INVESTCORP REAL ESTATE YIELD FUND
PAN:AABTI0798Q
|
|
ALLEGED DELAY IN LIQUIDATION AND DISTRIBUTION OF ASSETS OF THE FUND VIOLATING REGULATIONS 13(5) AND 29(7) READ WITH 20(1) AND 20(5) AND CLAUSES 2(A), 2(C) AND 3(B) OF CODE OF CONDUCT SPECIFIED IN FOURTH SCHEDULE OF (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012 IN MATTER OF INVESTCORP REAL ESTATE YIELD FUND
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.25,50,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
07-MAR-2025
|
|
| 74 |
|
|
RUBI ARYA
(PAN:AAVPA0654P)
|
|
|
|
BRICK EAGLE CAPITAL ADVISORY LLP
PAN:AALFB8806C
|
|
DID NOT HAVE CONTINUING INTEREST IN BRICK EAGLE TRUST
DID NOT ACHIEVE SECOND CLOSING AND FINAL CLOSING IN TERMS PRIVATE PLACEMENT MEMORANDUM (PPM)
DID NOT OBTAIN APPROVAL FROM INVESTORS BEFORE MAKING INVESTMENTS IN ASSOCIATE COMPANIES OF ITS SPONSOR
INVESTED UN-INVESTED PORTION OF INVESTIBLE FUNDS IN LOW DURATION FUNDS INSTEAD OF LIQUID FUNDS
DID NOT INTIMATE CHANGES IN DESIGNATED PARTNERS OF THE SPONSOR/MANAGER TO SEBI
DID NOT DISCLOSE INFORMATION SUCH AS FINANCIAL, RISK MANAGEMENT, OPERATIONAL, PORTFOLIO AND TRANSACTIONAL INFORMATION REGARDING INVESTMENTS TO ITS INVESTORS
DID NOT DISCLOSE INFORMATION SUCH AS FINANCIAL INFORMATION OF ITS INVESTEE COMPANIES, MANAGEMENT OF MATERIAL RISKS TO ITS INVESTORS
DID NOT MAINTAIN DATED AND SIGNED RATIONALE FOR THE INVESTMENTS MADE AND ALSO FAILED TO MAINTAIN HIGH STANDARDS OF INTEGRITY AND FAIRNESS IN ALL THEIR DEALINGS
DID NOT MAINTAIN HIGH STANDARDS OF INTEGRITY AND FAIRNESS IN ALL THEIR DEALINGS AND IN THE CONDUCT OF BUSINESS AND DID NOT RENDER HIGH STANDARD OF SERVICE AND EXERCISE DUE DILIGENCE
DID NOT UNDERTAKE VALUATION OF INVESTMENTS FOR PERIOD FROM 21/12/2018 AND 25/08/2020
DID NOT UPLOAD KYC INFORMATION OF ITS CLIENTS IN THE KRA AND DID NOT CARRY OUT IN-PERSON VERIFICATION OF CLIENTS
DID NOT MAINTAIN ANTI MONEY LAUNDERING POLICY AND DID NOT APPOINT PRINCIPAL OFFICER AND DESIGNATED DIRECTOR
DID NOT SUBMIT COMPLIANCE TEST REPORT TO TRUSTEE WITHIN THIRTY DAYS FROM THE END OF F.Y. 2019-20
DID NOT CARRY OUT ANNUAL AUDIT OF COMPLIANCE FOR F.Y. 2020-21
DID NOT ACT IN BEST INTEREST OF ALL INVESTORS FOR CONDUCT OF BUSINESS AND PROVIDING PREFERENTIAL TREATMENT TO CERTAIN INVESTORS BY FAILING TO DRAWDOWN REQUISITE AMOUNTS IN LINE WITH CONTRIBUTION AGREEMENTS FROM TWO INVESTORS
|
DIRECTED TO ENSURE THAT THE SCHEME OF FUND WOUND UP BY PROVIDING EXIT TO ITS INVESTORS/UNIT HOLDERS
DIRECTED TO FILE REPORT CERTIFIED BY CHARTERED ACCOUNTANT DECLARING THAT ALL THE INVESTORS OF SCHEME HAVE BEEN PROVIDED EXIT AND SCHEME OF FUND STANDS WOUND UP AND REPORT TO BE FILED WITHIN THREE WEEKS AFTER COMPLETION OF THE EXIT AND REPAYMENT TO INVESTORS/UNIT HOLDERS OF SCHEME
RESTRAINED FROM ASSOCIATING DIRECTLY OR INDIRECTLY, WITH ANY REGISTERED INTERMEDIARIES INCLUDING SEBI REGISTERED FUNDS SUCH AS MUTUAL FUNDS, ALTERNATIVE INVESTMENT FUNDS, PORTFOLIO MANAGEMENT SERVICES ETC. WHICH DEAL WITH INVESTOR’S MONEY IN ANY MANNER FROM 28-FEB-2024 TO 27-MAY-2024
28-FEB-2024
|
|
| 75 |
|
|
SAILESH SIGATAPU
(PAN:ARKPS1735P)
|
|
|
|
ANTHILL CAPTIAL VENTURES
PAN:AAGTA8058A
|
|
|
ANTHILL VENTURE CAPITAL ADVISORS LLP
PAN:ABLFA4180D
|
|
DELAY IN OBTAINING SHARE CERTIFICATES
GRANTED LOANS TO PORTFOLIO COMPANIES
DELAY IN FILING PRIVATE PLACEMENT MEMORANDUM (PPM) AUDIT REPORT
|
IMPOSED PENALTY RS.1,00,000
28-JAN-2025
|
|
| 76 |
|
|
SAKSHAM KOHLI
(PAN:BQOPK0276P)
|
|
|
|
360 ONE ALTERNATES ASSET MANAGEMENT LTD.
PAN:AACCZ2983Q
|
|
|
360 ONE PRIVATE EQUITY FUND
PAN:AAATI9829H
|
|
ALLEGED ACCEPTANCE OF INVESTMENTS IN 360 ONE SEED VENTURES FUND 1 FROM OTHER ALTERNATIVE INVESTMENT FUNDS (AIFS) WHILE AT THE SAME TIME HAVING INVESTED IN UNITS OF OTHER AIFS VIOLATING REGULATIONS 15(1)(DA), 20(1) AND 20(5) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012 READ WITH CLAUSES 2(A) AND 2(C) OF CODE OF CONDUCT IN MATTER OF 360 ONE PRIVATE EQUITY FUND
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.14,62,500 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
28-AUG-2025
|
|
| 77 |
|
|
SAMIR GUPTA
(PAN:AAJPG8641C)
|
|
|
|
CINEMA CAPITAL ADVISORY PVT.LTD.
PAN:AADCC5601M
|
|
DID NOT WIND UP SCHEME AND DISTRIBUTE PROCEEDS ACCRUING TO INVESTORS EVEN AFTER THE EXPIRY OF TENURE
DID NOT DISCLOSE INVESTMENT OBJECTIVE AND DID NOT ADHERE TO INVESTMENT RECTRICTIONS
EXTENDED LOANS AND ADVANCES TO INVESTEE COMPANIES AND ITS DIRECTORS AT NO INTEREST COST
EXTENDED LOANS AND ADVANCE TO TRUSTEE AND STAFF AT NO INTEREST COST
CHARGED EXCESS FEE FROM INVESTORS
DID NOT FILE QUARTERLY REPORTS TO SEBI
DID NOT REDRESS INVESTOR COMPLAINTS
MISMANAGEMENT OF INVESTOR’S FUNDS
|
DIRECTED TO FILE COMPLETE DETAILS OF SCHEME ALONGWITH DETAILS OF BANK ACCOUNTS PERTAINING TO THE SCHEME AND NOTICES, AMOUNT OF BALANCE AVAILABLE IN THOSE ACCOUNTS AND DETAILS OF ALL THE MOVABLE AND IMMOVABLE ASSETS PERTAINING TO THE SCHEME AND NOTICEE
DIRECTED TO ENSURE THAT THE SCHEME OF FUND WOUND UP BY PROVIDING EXIT TO ITS INVESTORS/UNIT HOLDERS
DIRECTED TO OBTAIN TWO SEPARATE VALUATIONS OF ALL REMAINING ASSETS OF SCHEME OF FUND FROM TWO INDEPENDENT AND/OR REGISTERED VALUERS
DIRECTED TO DETERMINE NAV OF THE SCHEME OF THE FUND BASED ON VALUATION REPORTS BY ADOPTING HIGHER OF VALUATION ARRIVED AT IN TWO VALUATION REPORTS
DIRECTED TO PROVIDE EXIT TO INVESTORS/UNIT HOLDERS FIRST BY OFFERING OPTION TO EXISTING INVESTORS/UNIT HOLDERS TO TAKE EXIT BY WAY OF IN SPECIE DISTRIBUTION OF INTEREST/RIGHTS/STAKES/SHARES, ETC. IN INVESTEE COMPANIES/PROJECTS
DIRECTED INVESTORS/UNIT HOLDERS WHO DO NOT EXERCISE THEIR OPTION FOR IN SPECIE DISTRIBUTION, TO BE GIVEN EXIT ON BASIS OF NAV DETERMINED AS PER DIRECTIONS
DIRECTED TO COMPLETE ENTIRE PROCESS OF WINDING UP OF SCHEME OF FUND AND PROVIDING EXIT TO INVESTORS/UNIT HOLDERS
DIRECTED TO FILE REPORT CERTIFIED BY CHARTERED ACCOUNTANT DECLARING THAT ALL THE INVESTORS OF SCHEME HAVE BEEN PROVIDED EXIT AND SCHEME OF FUND STANDS WOUND UP AND REPORT TO BE FILED WITHIN THREE WEEKS AFTER COMPLETION OF THE EXIT AND REPAYMENT TO INVESTORS/UNIT HOLDERS OF SCHEME
RESTRAINED FROM ASSOCIATING DIRECTLY OR INDIRECTLY, WITH ANY REGISTERED INTERMEDIARIES INCLUDING SEBI REGISTERED FUNDS SUCH AS MUTUAL FUNDS, ALTERNATIVE INVESTMENT FUNDS, PORTFOLIO MANAGEMENT SERVICES ETC. WHICH DEAL WITH INVESTOR’S MONEY IN ANY MANNER FROM 30-APR-2025 TO 29-APR-2028
IMPOSED PENALTY RS.1,00,00,000 ALONG WITH OTHER ENTITIES/PERSONS
30-APR-2025
|
SAT: SAT VIDE ITS ORDER DATED 09/06/2025 GRANTED THREE WEEKS TO FILE REPLY AND ONE WEEK TO FILE REJOINDER, IF ANY. STAYED DIRECTIONS AT PARAGRAPH 104.1 AND 104.6 SUBJECT TO DEPOSIT 50% PENALTY WITH RESPONDENT WITHIN THREE WEEKS FROM DATE OF THIS ORDER. SEBI CLARIFIED TO THE DEPOSITORIES THAT INDIVIDUAL ACCOUNTS OF NOTICEE NOS.5 AND 7 NEED NOT BE FROZEN
|
| 78 |
|
|
SAMIR GUPTA
(PAN:AAJPG8641C)
(Along with : BINAY CHANDRA MANDAL,
URMILA GUPTA)
|
|
|
|
CINEMA CAPITAL CONTRIBUTORY CO.PVT.LTD.
PAN:AAECC3609A
|
|
DID NOT WIND UP SCHEME AND DISTRIBUTE PROCEEDS ACCRUING TO INVESTORS EVEN AFTER THE EXPIRY OF TENURE
DID NOT DISCLOSE INVESTMENT OBJECTIVE AND DID NOT ADHERE TO INVESTMENT RECTRICTIONS
EXTENDED LOANS AND ADVANCES TO INVESTEE COMPANIES AND ITS DIRECTORS AT NO INTEREST COST
EXTENDED LOANS AND ADVANCE TO TRUSTEE AND STAFF AT NO INTEREST COST
CHARGED EXCESS FEE FROM INVESTORS
DID NOT FILE QUARTERLY REPORTS TO SEBI
DID NOT REDRESS INVESTOR COMPLAINTS
MISMANAGEMENT OF INVESTOR’S FUNDS
|
IMPOSED PENALTY RS.10,00,000 ALONG WITH OTHER ENTITIES/PERSONS
30-APR-2025
|
SAT: SAT VIDE ITS ORDER DATED 09/06/2025 GRANTED THREE WEEKS TO FILE REPLY AND ONE WEEK TO FILE REJOINDER, IF ANY. STAYED DIRECTIONS AT PARAGRAPH 104.1 AND 104.6 SUBJECT TO DEPOSIT 50% PENALTY WITH RESPONDENT WITHIN THREE WEEKS FROM DATE OF THIS ORDER. SEBI CLARIFIED TO THE DEPOSITORIES THAT INDIVIDUAL ACCOUNTS OF NOTICEE NOS.5 AND 7 NEED NOT BE FROZEN
|
| 79 |
|
|
SANDEEP NADIGADDA REDDY
(PAN:ABEPN8555E)
|
|
|
ALLEGED INVESTMENT IN MUTUAL FUNDS CATEGORIZED AS LARGE CAPITAL FUNDS
ALLEGED FAILURE IN MAKING DISCLOSURE TO INVESTORS THE LEVEL OF LEVERAGE ARISING FROM POSITION HELD IN FUTURES
ALLEGED DELAY IN OBTAINING SCORES LOGIN AND PASSWORD
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.49,40,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
01-AUG-2023
|
SEBI VIDE ITS ORDER DATED 18/12/2023 DISPOSED OF THE APPEAL AS THE SETTLEMENT AMOUNT OF RS.49.40 LAC HAS BEEN PAID AS PER THE SETTLEMENT ORDER DATED 01/08/2023 READ WITH ADDENDUM DATED 05/12/2023
|
| 80 |
|
|
SANDIP BASU
(PAN:ADCPB6003H)
|
|
|
ALLEGED VIOLATION OF REGULATION 20(1) READ WITH CLAUSES 2(A) AND 2(C) OF CODE OF CONDUCT AS SPECIFIED IN FOURTH SCHEDULE OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.11,25,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
15-MAY-2024
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
|
| Page 4 of 5
|
