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June 06, 2002
PR No. 109/2002
Prosecution against entities operating unregistered
Collective Investment Sechmes
Securities and Exchange Board of India has launched criminal prosecution against the following companies for their violations of SEBI (Collective Investment Schemes) Regulations, 1999. The said companies raised several lakhs of rupees from the investors under various schemes and failed neither to register the said schemes with SEBI nor to wind up the schemes and refund the amounts to the investors, despite several directions of SEBI to do so. The directors of the said companies have also been prosecuted.
| 1 |
Kalp Varksha Plantation
Ltd. |
| 2 |
Greenworld Resorts Ltd |
| 3 |
Golden Green Forests
Investments India Ltd |
| 4 |
Cee Kay Agro Pvt. Ltd |
| 5 |
Assured Agro Park Ltd |
| 6 |
Global Forests India Ltd |
| 7 |
Sky High Perfect Techagro
Ltd. |
| 8 |
Casion Agro Products and
Plantations Ltd. |
| 9 |
Ever Green Forest Ltd. |
| 10 |
Yashu Forests (India) Ltd. |
| 11 |
Golden Glade Plantations
Ltd. |
| 12 |
Milkyway Farms Ltd. |
| 13 |
Shivam Plantations Pvt.
Ltd. |
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