December 17, 2014
PR No. 170/2014

Order in the matter of M/s Blessing Agro Farm India Limited and its directors

Shri S Raman, Whole Time Member, SEBI, has passed an order on December 15, 2014 in the matter of M/s Blessing Agro Farm India Limited and its directors.The order inter-alia directed the company, its directors viz., Mr. Innsaipillai Lurdpillai Joseph Jeyaraaj, Mrs. Prakasam Sagaya Packia Santhi, Mr. Irudayaraj Manickam Pillai Jeyabalan and Ex-Director Mr. Santhanapeter not to collect any fresh money from investors under its existing schemes and not to launch any new schemes or plans or float any new companies to raise fresh funds;
 
The order further directed the company and its directors not to dispose of or alienate any of the properties/assets of the existing schemes and not to divert any funds raised from public at large which are kept in bank account(s) and/or in the custody of the company. The company was also directed to submit the full inventory of its assets, details of amount mobilized and investors.
 
Blessing Agro Farm India Limited, a company having its registered office at 1-E &,1-E, Kajiyar Complex, North gate, S.S. Colony, Madurai – 625010, was found collecting funds from the "customers/investors” for its land schemes, prima-facie violating the provisions of the SEBI Act and SEBI (Collective Investment Schemes) Regulations, 1999.

 
Mumbai
 
December 17, 2014

For full copy of order against BLESSING AGRO FARM INDIA LTD., click here.

For full copy of order against INNSAIPILLAI LURDPILLAI JOSEPH JEYARAAJ, click here.

For full copy of order against IRUDAYARAJ MANICKAM PILLAI JEYABALAN, click here.

For full copy of order against PRAKASAM SAGAYA PACKIA SANTHI, click here.

For full copy of order against SANTHANAPETER, click here.