| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 61 |
|
LEVERAGE INVESTMENT ADVISOR PVT.LTD.
|
|
|
DID NOT FILE QUARTERLY REPORTS TO SEBI
|
IMPOSED PENALTY RS.1,00,000
30-SEP-2022
|
|
| 62 |
|
|
MILESTONE TRUSTEESHIP SERVICES PVT.LTD.
(PAN:AAFCM6451M)
|
|
|
|
PARVINDER SINGH PASRICHA
PAN:AAFPP7525G
|
|
|
RUBI ARYA
PAN:AAVPA0654P
|
|
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
DIRECTED NOT TO TAKE NEW ASSIGNMENTS AS TRUSTEE OF ALTERNATIVE INVESTMENT FUND OF ANY CATEGORY
28-FEB-2024
|
SAT: SAT VIDE ITS ORDER DATED 13/03/2024 ALLOWED RESPONDENT THREE WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
|
| 63 |
|
|
MILESTONE TRUSTEESHIP SERVICES PVT.LTD.
(PAN:AAFCM6451M)
|
|
|
|
PARVINDER SINGH PASRICHA
PAN:AAFPP7525G
|
|
|
RUBI ARYA
PAN:AAVPA0654P
|
|
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
|
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
|
SAT: SAT VIDE ITS ORDER DATED 13/03/2024 ALLOWED RESPONDENT THREE WEEKS TO FILE REPLY AND APPELLANT TO FILE REJOINDER THREE WEEKS THEREAFTER
|
| 64 |
|
|
OMNIVORE CAPITAL MANAGEMENT ADVISORS PVT.LTD.
(PAN:AABCO4285F)
|
|
|
ALLEGED DELAY IN WINDING UP ITS SCHEME VIOLATING REGULATION 23(1) READ WITH REGULATIONS 23(3) AND 24(2) OF SEBI (VENTURE CAPITAL FUNDS) REGULATIONS, 1996 READ WITH REGULATION 39(2)(B) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.14,62,500 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
04-JUN-2025
|
|
| 65 |
|
|
OMNIVORE INDIA CAPITAL TRUST
(PAN:AAATO3113E)
|
|
|
ALLEGED DELAY IN WINDING UP ITS SCHEME VIOLATING REGULATION 23(1) READ WITH REGULATIONS 23(3) AND 24(2) OF SEBI (VENTURE CAPITAL FUNDS) REGULATIONS, 1996 READ WITH REGULATION 39(2)(B) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.14,62,500 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
04-JUN-2025
|
|
| 66 |
|
|
ONEIL CAPITAL MANAGEMENT INDIA PVT.LTD.
(PAN:AADFW1831G)
|
|
|
|
ANUPAM SINGHI
CIN:ANKPD7583J
|
|
ALLEGED VIOLATION OF CONCENTRATION LIMIT OF 10% OF INVESTABLE FUNDS IN A SINGLE INVESTEE COMPANY FOR THE GREAT EASTERN SHIPPING CO.LTD. AND ITC LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.22,75,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
30-JAN-2024
|
|
| 67 |
|
|
ONEIL CAPITAL TRUST
(PAN:AAATW5453D)
|
|
|
|
ANUPAM SINGHI
CIN:ANKPD7583J
|
|
ALLEGED VIOLATION OF CONCENTRATION LIMIT OF 10% OF INVESTABLE FUNDS IN A SINGLE INVESTEE COMPANY FOR THE GREAT EASTERN SHIPPING CO.LTD. AND ITC LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.22,75,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
30-JAN-2024
|
|
| 68 |
|
|
PARANJAPE PLUTUS FUND-1
|
|
|
DID NOT FILE QUARTERLY REPORTS TO SEBI
|
CANCELLED REGISTRATION AS ALTERNATE INVESTMENT FUND
16-FEB-2024
|
|
| 69 |
|
|
PENBROOK CAPITAL ADVISORS PVT.LTD.
(PAN:AAGCP3459B)
|
|
|
|
ANUJ RANJAN
PAN:AUTPR5763Q
|
|
|
CHETAN DESAI
PAN:AACPD5693G
|
|
|
NARENDRA ANEJA
PAN:AADPA5229J
|
|
|
PRASHANT SAGWEKAR
PAN:AVUPS1958E
|
|
|
RAJEEV ASHOK PIRAMAL
PAN:AAEPP7727R
|
|
|
SRIDHAR RENGAN
PAN:ACZPR2381L
|
|
|
URVI ASHOK PIRAMAL
PAN:AAJPP8861F
|
|
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
|
|
| 70 |
|
|
PENINSULA BROOKFIELD TRUSTEE PVT.LTD.
(PAN:AAGCP3469D)
|
|
|
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
|
|
| 71 |
|
|
PIRAMAL INVESTMENT ADVISORY SERVICES PVT.LTD.
(PAN:AAHCP2291G)
|
|
|
|
JAYESH RAMNIKLAL DESAI
PAN:AAMPD4038P
|
|
|
LEONARD PETER D’SOUZA
PAN:AADPD1290N
|
|
|
PARVEZ KEKI UMRIGAR
PAN:AAAPU5744M
|
|
|
RAJESH RATANLAL LADDHA
PAN:ABOPL3015F
|
|
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
|
|
| 72 |
|
|
PLUTUS FUND ADVISORS PVT.LTD.
|
|
|
DID NOT FILE QUARTERLY REPORTS TO SEBI
|
IMPOSED PENALTY RS.2,00,000
30-SEP-2022
|
|
| 73 |
|
|
QUANT FIRST ALTERNATE INVESTMENT TRUST
|
|
|
DID NOT FILE QUARTERLY REPORTS TO SEBI
|
CANCELLED REGISTRATION AS ALTERNATE INVESTMENT FUND
16-FEB-2024
|
|
| 74 |
|
|
QUANT FIRST ASSET ADVISORS INDIA LTD.
(PAN:AAACQ2925P)
|
|
|
DID NOT FILE QUARTERLY REPORTS TO SEBI
|
IMPOSED PENALTY RS.2,00,000
30-SEP-2022
|
SEBI VIDE ITS NOTICE DATED 10/08/2023 DIRECTED TO PAY RS.2,23,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 13/09/2023 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED
|
| 75 |
|
|
SAVEDA VENTURE CAPITAL FUND
|
|
|
DID NOT FILE QUARTERLY REPORTS TO SEBI
|
SUSPENDED REGISTRATION AS ALTERNATE INVESTMENT FUND
16-FEB-2024
|
|
| 76 |
|
|
SREI ALTERNATIVE INVESTMENT MANAGERS LTD.
(PAN:AAGCS5232F)
|
|
|
INVESTED MORE THAN 25% OF TOTAL INVESTIBLE FUNDS COLLECTED FROM INVESTORS IN A SINGLE INVESTEE COMPANY VIOLATING REGULATION 15(1) (C) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
DID NOT MAINTAIN SPECIFIED CONTINUING INTEREST VIOLATING REGULATION 10(D) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
DIT NOT COMPLY WITH INVESTMENT COMMITTEE’S DECISION AND DID NOT FOLLOW INVESTMENT STRATEGY SPECIFIED IN PRIVATE PLACEMENT MEMORANDUM (PPM) VIOLATING SEBI CIRCULAR NO.CIR/IMD/DF/7/2/2015 DATED 01/10/2015
|
IMPOSED PENALTY RS.30,00,000 ALONG WITH OTHER ENTITIES/PERSONS
29-NOV-2017
|
SAT: SAT VIDE ITS ORDER DATED 04/05/2018 GRANTED APPROVAL UNDER REGULATION 16(2) OF SEBI (SETTLEMENT OF ADMINISTRATIVE AND CIVIL PROCEEDINGS) REGULATION, 2014 FOR SETTLEMENT OF PROCEEDINGS. NO COSTS
|
| 77 |
|
|
SREI ALTERNATIVE INVESTMENT MANAGERS LTD.
(PAN:AAGCS5232F)
|
|
|
ALLEGED USING PART OF CONTRIBUTION OF INVESTORS FOR THE PURPOSE OF GIVING LOANS VIOLATING REGULATION 2(1)(B) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,17,89,431 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
25-JUL-2018
|
|
| 78 |
|
|
SREI MULTIPLE ASSET INVESTMENT TRUST
(PAN:AANTS4505M)
|
|
|
INVESTED MORE THAN 25% OF TOTAL INVESTIBLE FUNDS COLLECTED FROM INVESTORS IN A SINGLE INVESTEE COMPANY VIOLATING REGULATION 15(1) (C) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
DID NOT MAINTAIN SPECIFIED CONTINUING INTEREST VIOLATING REGULATION 10(D) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
DIT NOT COMPLY WITH INVESTMENT COMMITTEE’S DECISION AND DID NOT FOLLOW INVESTMENT STRATEGY SPECIFIED IN PRIVATE PLACEMENT MEMORANDUM (PPM) VIOLATING SEBI CIRCULAR NO.CIR/IMD/DF/7/2/2015 DATED 01/10/2015
|
IMPOSED PENALTY RS.30,00,000 ALONG WITH OTHER ENTITIES/PERSONS
29-NOV-2017
|
SAT: SAT VIDE ITS ORDER DATED 04/05/2018 GRANTED APPROVAL UNDER REGULATION 16(2) OF SEBI (SETTLEMENT OF ADMINISTRATIVE AND CIVIL PROCEEDINGS) REGULATION, 2014 FOR SETTLEMENT OF PROCEEDINGS. NO COSTS
|
| 79 |
|
|
SREI MULTIPLE ASSET INVESTMENT TRUST
(PAN:AANTS4505M)
|
|
|
ALLEGED USING PART OF CONTRIBUTION OF INVESTORS FOR THE PURPOSE OF GIVING LOANS VIOLATING REGULATION 2(1)(B) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.1,17,89,431 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
25-JUL-2018
|
|
| 80 |
|
|
SRS ALTERNATIVE INVESTMENT FUND
|
|
|
DID NOT FILE QUARTERLY REPORTS TO SEBI
|
CANCELLED REGISTRATION AS ALTERNATE INVESTMENT FUND
16-FEB-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
|
