| S.No. |
PERSON |
ENTITY |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
AMIT SONI
(PAN:BSHPS7756M)
|
|
|
|
MARKET CAPTAINS INVESTMENT ADVISOR
PAN:BSHPS7756M
|
|
DID NOT ADHERE TO SEBI DIRECTIONS WITH RESPECT TO INSPECTION OF BOOKS OF ACCOUNTS/RECORDS AND OTHER DOCUMENT PERTAINING TO REGISTRATION
DID NOT SUBMIT MATERIAL INFORMATION TO SEBI
NOT A FIT & PROPER PERSON TO ACT AS AN INVESTMENT ADVISOR
CHARGED ARBITRARY/DISPROPORTIONATE AMOUNT FOR SIMILAR SERVICE AND SIMILAR DURATION
DID NOT DISPLAY COMPLAINTS STATUS ON WEBSITE
PROVIDED INVESTMENT ADVICE ON FREE TRIALS TO CLIENTS
PROMISED ASSURED/GUARANTEE RETURNS/PROFITS TO CLIENTS
DID NOT REDRESS INVESTOR COMPLAINTS
DID NOT FURNISH ACTION TAKEN REPORT IN CONNECTION WITH REDRESSAL OF INVESTOR’S GRIEVANCES IN STIPULATED TIME
|
CANCELLED REGISTRATION AS INVESTMENT ADVISOR
DIRECTED TO REFUND MONEY TO THE INVESTORS
DIRECTED TO REDRESS INVESTOR GRIEVANCES
28-NOV-2022
|
|
| 2 |
|
|
ANSHUL MANSINGKA
(PAN:AGRPM3025A)
|
|
|
|
CAPITALVIA GLOBAL RESEARCH LTD.
PAN:AADCC5782H
|
|
DID NOT ADHERE TO "KNOW YOUR CLIENT" DIRECTIVES/INSTRUCTIONS/GUIDELINES
DID NOT OBTAIN RELEVANT INFORMATION FROM CLIENTS
DID NOT COMMUNICATE RISK PROFILE TO CLIENTS
DID NOT UPDATE RISK PROFILE PERIODICALLY
DID NOT ENSURE WHETHER ADVICE PROVIDED TO THE CLIENT IS SUITABLE TO THEM OR NOT
DID NOT MAKE DISCLOSURES TO CLIENTS
INVOLVED IN PROVIDING ADVISORY AND EXECUTION SERVICES WITHOUT ANY SEGREGATION AND MAINTAINED ARMS-LENGTH RELATIONSHIP BETWEEN INVESTMENT ADVISORY AND EXECUTION ACTIVITY
DID NOT ACT IN FIDUCIARY CAPACITY WITH DUE SKILL, CARE & DILIGENCE TOWARDS ITS CLIENTS AND DID NOT OBTAIN INFORMATION FROM CLIENTS WITH REGARD TO FINANCIAL SITUATION, INVESTMENT EXPERIENCE, INVESTMENT OBJECTIVES ETC.
CHARGED HUGE FEES FROM ITS CLIENTS WITHOUT JUSTIFICATION
SOLICITED CLIENTS THROUGH VARIOUS WEBSITES
PROVIDED INCORRECT INFORMATION WITH RESPECT TO SERVICE OFFERED ON ITS WEBSITE
DID NOT ADHERE TO CERTIFICATION REQUIREMENTS AS SPECIFIED IN INVESTMENT ADVISORY REGULATIONS, 2013
DID NOT USE WORDS ‘INVESTMENT ADVISER’ IN ITS NAME
|
DIRECTED TO REDRESS INVESTOR GRIEVANCES
DIRECTED NOT TO SOLICIT OR UNDERTAKE ANY FRESH ADVISORY BUSINESS FROM 11-NOV-2016 TILL FURTHER ORDERS
11-NOV-2016
|
SEBI VIDE ITS ORDER DATED 20/01/2017 DIRECTED I) NOT TO SOLICIT OR UNDERTAKE ANY FRESH ADVISORY BUSINESS FOR ANOTHER PERIOD OF FOUR MONTHS FROM DATE OF THIS ORDER II) DISCONTINUE ACCEPTANCE OF FUNDS FROM CLIENTS INCLUDING BY WAY OF DEACTIVATION OF ONLINE REMITTANCES, WITH IMMEDIATE EFFECT DURING THIS FOUR MONTHS PERIOD AND III) DISCLOSE CONTENTS OF THESE DIRECTIONS PROMINENTLY ON ITS WEBSITE(S) IMMEDIATELY
|
| 3 |
|
|
CHAITANYA D.MEHTA
|
|
|
|
INDO BIOTECH HERBAL REMEDIES LTD.
|
|
DID NOT RESPOND TO SHOW CAUSE NOTICE REGARDING REDRESSAL OF INVESTORS GRIEVANCES
|
DIRECTED TO REDRESS INVESTOR GRIEVANCES
14-OCT-2002
|
SAT: IMPUGNED ORDER SET ASIDE WITH NO ORDER AS TO COSTS
|
| 4 |
|
|
DILIP SHANTARAM DAHANUKAR
|
|
|
|
INDO BIOTECH FOODS LTD.
|
|
|
INDO BIOTECH HERBAL REMEDIES LTD.
|
|
DID NOT RESPOND TO SHOW CAUSE NOTICE REGARDING REDRESSAL OF INVESTORS GRIEVANCES
|
DIRECTED TO REDRESS INVESTOR GRIEVANCES
14-OCT-2002
|
SAT: IMPUGNED ORDER SET ASIDE WITH NO ORDER AS TO COSTS
|
| 5 |
|
|
G.C.BAPNA
|
|
|
|
INDO BIOTECH FOODS LTD.
|
|
DID NOT RESPOND TO SHOW CAUSE NOTICE REGARDING REDRESSAL OF INVESTORS GRIEVANCES
|
DIRECTED TO REDRESS INVESTOR GRIEVANCES
14-OCT-2002
|
SAT: IMPUGNED ORDER SET ASIDE WITH NO ORDER AS TO COSTS
|
| 6 |
|
|
HARISH H.JAVA
|
|
|
|
INDO BIOTECH FOODS LTD.
|
|
DID NOT RESPOND TO SHOW CAUSE NOTICE REGARDING REDRESSAL OF INVESTORS GRIEVANCES
|
DIRECTED TO REDRESS INVESTOR GRIEVANCES
14-OCT-2002
|
SAT: IMPUGNED ORDER SET ASIDE WITH NO ORDER AS TO COSTS
|
| 7 |
|
|
KIRAN RAVINDRA KUMAR CHOUDHARY
(PAN:AAEPK1536D)
|
|
|
|
CAPITALVIA GLOBAL RESEARCH LTD.
PAN:AADCC5782H
|
|
DID NOT ADHERE TO "KNOW YOUR CLIENT" DIRECTIVES/INSTRUCTIONS/GUIDELINES
DID NOT OBTAIN RELEVANT INFORMATION FROM CLIENTS
DID NOT COMMUNICATE RISK PROFILE TO CLIENTS
DID NOT UPDATE RISK PROFILE PERIODICALLY
DID NOT ENSURE WHETHER ADVICE PROVIDED TO THE CLIENT IS SUITABLE TO THEM OR NOT
DID NOT MAKE DISCLOSURES TO CLIENTS
INVOLVED IN PROVIDING ADVISORY AND EXECUTION SERVICES WITHOUT ANY SEGREGATION AND MAINTAINED ARMS-LENGTH RELATIONSHIP BETWEEN INVESTMENT ADVISORY AND EXECUTION ACTIVITY
DID NOT ACT IN FIDUCIARY CAPACITY WITH DUE SKILL, CARE & DILIGENCE TOWARDS ITS CLIENTS AND DID NOT OBTAIN INFORMATION FROM CLIENTS WITH REGARD TO FINANCIAL SITUATION, INVESTMENT EXPERIENCE, INVESTMENT OBJECTIVES ETC.
CHARGED HUGE FEES FROM ITS CLIENTS WITHOUT JUSTIFICATION
SOLICITED CLIENTS THROUGH VARIOUS WEBSITES
PROVIDED INCORRECT INFORMATION WITH RESPECT TO SERVICE OFFERED ON ITS WEBSITE
DID NOT ADHERE TO CERTIFICATION REQUIREMENTS AS SPECIFIED IN INVESTMENT ADVISORY REGULATIONS, 2013
DID NOT USE WORDS ‘INVESTMENT ADVISER’ IN ITS NAME
|
DIRECTED TO REDRESS INVESTOR GRIEVANCES
DIRECTED NOT TO SOLICIT OR UNDERTAKE ANY FRESH ADVISORY BUSINESS FROM 11-NOV-2016 TILL FURTHER ORDERS
11-NOV-2016
|
SEBI VIDE ITS ORDER DATED 20/01/2017 DIRECTED I) NOT TO SOLICIT OR UNDERTAKE ANY FRESH ADVISORY BUSINESS FOR ANOTHER PERIOD OF FOUR MONTHS FROM DATE OF THIS ORDER II) DISCONTINUE ACCEPTANCE OF FUNDS FROM CLIENTS INCLUDING BY WAY OF DEACTIVATION OF ONLINE REMITTANCES, WITH IMMEDIATE EFFECT DURING THIS FOUR MONTHS PERIOD AND III) DISCLOSE CONTENTS OF THESE DIRECTIONS PROMINENTLY ON ITS WEBSITE(S) IMMEDIATELY
|
| 8 |
|
|
RAMESH P.SAVE
|
|
|
|
INDO BIOTECH FOODS LTD.
|
|
DID NOT RESPOND TO SHOW CAUSE NOTICE REGARDING REDRESSAL OF INVESTORS GRIEVANCES
|
DIRECTED TO REDRESS INVESTOR GRIEVANCES
14-OCT-2002
|
SAT: IMPUGNED ORDER SET ASIDE WITH NO ORDER AS TO COSTS
|
| 9 |
|
|
RAVI PRAKASH MOHTA
(PAN:AKBPM7004R)
|
|
|
|
DOLLAR ADVISORY & FINANCIAL SERVICES
PAN:AKBPM7004R
|
|
DID NOT SUBMIT INFORMATION SOUGHT BY SEBI
DID NOT MAKE DISCLOSURE OF CHANGE OF REGISTERED OFFICE ADDRESS TO SEBI
DID NOT MAINTAIN RECORDS PERTAINING TO RISK PROFILING AND RISK ASSESSMENT OF CLIENTS
OFFERED MULTIPLE PACKAGES TO EARN HUGE AMOUNT OF SERVICE FEES FROM CLIENTS
SOLD ADVISORY SERVICES PRIOR TO COMMUNICATION OF RISK PROFILE
SOLD ADVISORY SERVICES/PRODUCTS TO CLIENTS WITHOUT ENSURING SUITABILITY OF ADVICE ACCORDING TO THEIR RISK PROFILE
SOLD PRODUCTS TO CLIENTS WHICH WERE NOT SUITABLE TO RISK PROFILE OF THE CLIENTS
CHARGED ADVISORY FEES BEFORE EXPIRY OF TENURE OF EXISTING SERVICE/COLLETING MULTIPLE PAYMENTS IN SHORT PERIOD
DID NOT ADHERE TO SEBI CIRCULARS IN RELATION TO COMPLIANCE WITH PROVISIONS OF PREVENTION OF MONEY LAUNDERING ACT AND ANTI MONEY LAUNDERING GUIDELINES
TRADED ON BEHALF OF CLIENTS
DID NOT REDRESS INVESTOR COMPLAINTS
DID NOT ADHERE TO VARIOUS SEBI CIRCULARS
|
CANCELLED REGISTRATION AS INVESTMENT ADVISOR
DIRECTED TO REFUND MONEY TO THE INVESTORS
DIRECTED TO REDRESS INVESTOR GRIEVANCES
24-NOV-2022
|
|
| 10 |
|
|
ROHIT GADIA
(PAN:AGXPG1899A)
|
|
|
|
CAPITALVIA GLOBAL RESEARCH LTD.
PAN:AADCC5782H
|
|
DID NOT ADHERE TO "KNOW YOUR CLIENT" DIRECTIVES/INSTRUCTIONS/GUIDELINES
DID NOT OBTAIN RELEVANT INFORMATION FROM CLIENTS
DID NOT COMMUNICATE RISK PROFILE TO CLIENTS
DID NOT UPDATE RISK PROFILE PERIODICALLY
DID NOT ENSURE WHETHER ADVICE PROVIDED TO THE CLIENT IS SUITABLE TO THEM OR NOT
DID NOT MAKE DISCLOSURES TO CLIENTS
INVOLVED IN PROVIDING ADVISORY AND EXECUTION SERVICES WITHOUT ANY SEGREGATION AND MAINTAINED ARMS-LENGTH RELATIONSHIP BETWEEN INVESTMENT ADVISORY AND EXECUTION ACTIVITY
DID NOT ACT IN FIDUCIARY CAPACITY WITH DUE SKILL, CARE & DILIGENCE TOWARDS ITS CLIENTS AND DID NOT OBTAIN INFORMATION FROM CLIENTS WITH REGARD TO FINANCIAL SITUATION, INVESTMENT EXPERIENCE, INVESTMENT OBJECTIVES ETC.
CHARGED HUGE FEES FROM ITS CLIENTS WITHOUT JUSTIFICATION
SOLICITED CLIENTS THROUGH VARIOUS WEBSITES
PROVIDED INCORRECT INFORMATION WITH RESPECT TO SERVICE OFFERED ON ITS WEBSITE
DID NOT ADHERE TO CERTIFICATION REQUIREMENTS AS SPECIFIED IN INVESTMENT ADVISORY REGULATIONS, 2013
DID NOT USE WORDS ‘INVESTMENT ADVISER’ IN ITS NAME
|
DIRECTED TO REDRESS INVESTOR GRIEVANCES
DIRECTED NOT TO SOLICIT OR UNDERTAKE ANY FRESH ADVISORY BUSINESS FROM 11-NOV-2016 TILL FURTHER ORDERS
11-NOV-2016
|
SAT: SAT VIDE ITS ORDER DATED 06/01/2017 DIRECTED WTM OF SEBI TO HEAR THE APPELLANT ON 16/01/2017 AND PASS ORDER BY 20/01/2017 AND COMMUNICATE THE SAME TO THE APPELLANT ON 20/01/2017 ITSELF. NO COSTS
SEBI VIDE ITS ORDER DATED 20/01/2017 DIRECTED I) NOT TO SOLICIT OR UNDERTAKE ANY FRESH ADVISORY BUSINESS FOR ANOTHER PERIOD OF FOUR MONTHS FROM DATE OF THIS ORDER II) DISCONTINUE ACCEPTANCE OF FUNDS FROM CLIENTS INCLUDING BY WAY OF DEACTIVATION OF ONLINE REMITTANCES, WITH IMMEDIATE EFFECT DURING THIS FOUR MONTHS PERIOD AND III) DISCLOSE CONTENTS OF THESE DIRECTIONS PROMINENTLY ON ITS WEBSITE(S) IMMEDIATELY
|
| 11 |
|
|
SUNIL BAMBHARKAR
|
|
|
|
INDO BIOTECH HERBAL REMEDIES LTD.
|
|
DID NOT RESPOND TO SHOW CAUSE NOTICE REGARDING REDRESSAL OF INVESTORS GRIEVANCES
|
DIRECTED TO REDRESS INVESTOR GRIEVANCES
14-OCT-2002
|
SAT: IMPUGNED ORDER SET ASIDE WITH NO ORDER AS TO COSTS
|
| 12 |
|
|
SURESH P.MADHAV
|
|
|
|
INDO BIOTECH HERBAL REMEDIES LTD.
|
|
DID NOT RESPOND TO SHOW CAUSE NOTICE REGARDING REDRESSAL OF INVESTORS GRIEVANCES
|
DIRECTED TO REDRESS INVESTOR GRIEVANCES
14-OCT-2002
|
SAT: IMPUGNED ORDER SET ASIDE WITH NO ORDER AS TO COSTS
|
| 13 |
|
|
SWAMINATH S.HANCHATE
|
|
|
|
INDO BIOTECH HERBAL REMEDIES LTD.
|
|
DID NOT RESPOND TO SHOW CAUSE NOTICE REGARDING REDRESSAL OF INVESTORS GRIEVANCES
|
DIRECTED TO REDRESS INVESTOR GRIEVANCES
14-OCT-2002
|
SAT: IMPUGNED ORDER SET ASIDE WITH NO ORDER AS TO COSTS
|
| 14 |
|
|
VISHWAJIT B.DAHANUKAR
|
|
|
|
INDO BIOTECH HERBAL REMEDIES LTD.
|
|
DID NOT RESPOND TO SHOW CAUSE NOTICE REGARDING REDRESSAL OF INVESTORS GRIEVANCES
|
DIRECTED TO REDRESS INVESTOR GRIEVANCES
14-OCT-2002
|
SAT: IMPUGNED ORDER SET ASIDE WITH NO ORDER AS TO COSTS
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
