| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 81 |
|
SRS FINANCE LTD.
(PAN:AAICS7755D)
|
|
|
DID NOT FILE QUARTERLY REPORTS TO SEBI
|
IMPOSED PENALTY RS.2,00,000
30-SEP-2022
|
SEBI VIDE ITS NOTICE DATED 12/05/2023 DIRECTED TO PAY RS.2,19,000.00 IN MATTER OF NON-COMPLIANCE OF SEBI (AIF) REGULATIONS, 2012
SEBI VIDE ITS ORDER DATED 28/08/2023 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
|
| 82 |
|
|
TCG ADVISORY SERVICES PVT.LTD.
(PAN:AAACW4907B)
|
|
|
ALLEGED FAILURE IN WINDING UP OF THE SCHEME WITH IN 90 DAYS AFTER THE CORPUS OF THE FUND FALL BELOW RS.20 CRORE VIOLATING REGULATION 10(D) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.15,00,000 VIDE CONSENT ORDER)
10-OCT-2024
|
|
| 83 |
|
|
TRINITY ALTERNATIVE INVESTMENT MANAGERS LTD.
(PAN:AAGCS5232F)
|
|
|
REPAID INDIRECTLY LOANS TO THE COMPANY ASSOCIATED WITH THE SPONSOR VIOLATING REGULATION 2(1)(B) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
DID NOT MAKE DISCLOSURE OF OBJECTIVE (REPAYMENT OF LOAN TO SREI EQUIPMENT FINANCE PVT.LTD.) TO INVESTMENT COMMITTEE AND DID NOT PRODUCE AND RECORD COMPLETE DUE-DILIGENCE BEFORE INVESTMENT COMMITTEE VIOLATING REGULATIONS 21, 22 AND 24(E) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
DID NOT DO PROPER DUE DILIGENCE AND DID NOT COMPLY WITH STATEMENTS IN PLACEMENT MEMORANDUM VIOLATING REGULATION 11 OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012
|
IMPOSED PENALTY RS.50,00,000
18-AUG-2023
|
SAT: SAT VIDE ITS ORDER DATED 20/10/2023 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER. DIRECTED APPELLANT TO DEPOSIT RS.10 LAC BEFORE RESPONDENT WITHIN FOUR WEEKS FROM DATE OF THIS ORDER. IF AMOUNT DEPOSITED, BALANCE AMOUNT NOT TO BE RECOVERED DURING PENDENCY OF THE APPEAL
|
| 84 |
|
|
UNIFI CAPITAL PVT.LTD.
(PAN:AAACU5196J)
|
|
|
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
|
| 85 |
|
|
UTTHISHTA MANAGEMENT ADVISORS LLP
(PAN:AADFU2183P)
|
|
|
|
P.RAMA KRISHNA
PAN:AFDPR6468M
|
|
ALLEGED FAILURE IN MAINTAINING 2.5% OF INVESTIBLE CORPUS AS CONTINUING INTEREST VIOLATING REGULATIONS 10(D) AND 20(1) READ WITH CLAUSE 1(E) OF CODE OF CONDUCT AS MENTIONED IN FOURTH SCHEDULE OF (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012 AND CLAUSE 13.3.2 (II) OF MASTER CIRCULAR DATED 07/05/2024
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.28,50,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
20-DEC-2024
|
|
| 86 |
|
|
UTTHISHTA VIRAT FUND
(PAN:AAATU8228J)
|
|
|
|
P.RAMA KRISHNA
PAN:AFDPR6468M
|
|
ALLEGED FAILURE IN MAINTAINING 2.5% OF INVESTIBLE CORPUS AS CONTINUING INTEREST VIOLATING REGULATIONS 10(D) AND 20(1) READ WITH CLAUSE 1(E) OF CODE OF CONDUCT AS MENTIONED IN FOURTH SCHEDULE OF (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012 AND CLAUSE 13.3.2 (II) OF MASTER CIRCULAR DATED 07/05/2024
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.28,50,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
20-DEC-2024
|
|
| 87 |
|
|
VENTURE GURUKOOL INVESTMENT TRUST
(PAN:AADTV0339A)
(Along with : FEDSEC TRUSTEESHIP SERVICES PVT.LTD.)
|
|
|
|
ANKHI DAS
PAN:ADQPD6606A
|
|
|
MAHENDRA SWARUP
PAN:AAMPS6405M
|
|
|
NTASHA BERRY
PAN:AWMPB3253G
|
|
ALLEGED VIOLATION OF CONCENTRATION LIMIT OF 25% OF INVESTABLE FUNDS IN A SINGLE INVESTEE COMPANY DECCAN HEALTH CARE LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.11,25,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
31-JUL-2024
|
|
| 88 |
|
|
VISTRA ITCL (INDIA) LTD.
(PAN:AAACI6832K)
|
|
|
ALLEGED FAILURE TO WIND UP FUND/SCHEME AND DISTRIBUTE PROCEEDS TO INVESTORS PURSUANT TO THE COMPLETION OF ITS TENURE AS DISCLOSED IN PRIVATE PLACEMENT MEMORANDUM
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.11,13,750 VIDE CONSENT ORDER)
14-MAR-2024
|
|
| 89 |
|
|
VISTRA ITCL (INDIA) LTD.
(PAN:AAACI6832K)
|
|
|
DID NOT WIND UP THE SCHEME EVEN AFTER COMPLETION OF EXTENDED TENURE AND CONTINUING THE SCHEME BEYOND PERMISSIBLE EXTENSIONS OF TWO YEARS
|
IMPOSED PENALTY RS.6,00,000
20-JUN-2025
|
|
| 90 |
|
|
VISTRA ITCL (INDIA) LTD.
(PAN:AAACI6832K)
|
|
|
ALLEGED VIOLATION OF CLAUSES 15.2.3 AND 15.2.4 OF MASTER CIRCULAR DATED 07/05/2024 READ WITH CIRCULAR CIR/IMD/DF/14/2014 DATED 19/06/2014 READ WITH REGULATIONS 20(1) AND 20(2) OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012 READ WITH CLAUSE 3(B) OF CODE OF CONDUCT OF SEBI (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS, 2012IN MATTER OF INDIAN SCHOOL FINANCE CO.PVT.LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.12,75,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
13-SEP-2024
|
|
| 91 |
|
|
VISTRA ITCL (INDIA) LTD.
(PAN:AAACI6832K)
|
|
|
DID NOT EXERCISE PROPER CARE AND INDEPENDENT PROFESSIONAL JUDGMENT IN FULFILLING ITS ROLES AND RESPONSIBILITIES TO ENSURE THAT ACTS OF FUND WERE IN COMPLIANCE WITH ALTERNATIVE INVESTMENT FUNDS
|
IMPOSED PENALTY RS.1,00,000
28-FEB-2025
|
|
| 92 |
|
|
WHITESPACE ALPHA TRUST
(PAN:AAATW5453D)
|
|
|
|
PRAVEEN DWARAKANATH
PAN:ANKPD7583J
|
|
|
RAMASWAMY SHIVARAMAN
PAN:BZOPS3579J
|
|
ALLEGED VIOLATION OF CONCENTRATION LIMIT OF 10% OF INVESTABLE FUNDS IN A SINGLE INVESTEE COMPANY FOR RELIANCE INDUSTRIES LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.15,00,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
15-FEB-2024
|
|
| 93 |
|
|
WHITESPACE FUND LLP
(PAN:AADFW1831G)
|
|
|
|
PRAVEEN DWARAKANATH
PAN:ANKPD7583J
|
|
|
RAMASWAMY SHIVARAMAN
PAN:BZOPS3579J
|
|
ALLEGED VIOLATION OF CONCENTRATION LIMIT OF 10% OF INVESTABLE FUNDS IN A SINGLE INVESTEE COMPANY FOR RELIANCE INDUSTRIES LTD.
|
REACHED SETTLEMENT ( SETTLEMENT CHARGES RS.15,00,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
15-FEB-2024
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
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| Page 5 of 5
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