March 18, 2015
PR No. 062/2015

Interim Order in the matter of Future Gold Infrabuild India Limited

Shri S Raman, Whole Time Member, Securities and Exchange Board of India (SEBI), has prima-facie found that Future Gold Infrabuild India Limited having its registered office at 501, Top Floor, Lucky Plaza, Malviya Nagar, Bhopal, Madhya Pradesh, has been illegally raising money from public and accordingly passed an interim order dated March 13, 2015 against the company and promoters/directors, Mr. Dhirendra Singh Kushwaha, Mr. Satyendra Singh, Mr. Vineet Kumar Phalke, Mr. Afasar Khan and Mr. Dinesh Singh Bhadoriya, under sections 11(1), 11(4) and 11B of SEBI Act, 1992 read with SEBI (Collective Investment Scheme) Regulations, 1999.

The order directs the company and its promoters/ directors to not to collect any fresh moneys from investors from its existing scheme; not to launch any new scheme/plan or float any new companies/firm to raise fresh moneys. The company and its promoters/directors are prohibited from disposing off any of the properties or alienate the assets of the existing scheme and not to divert any funds raised from public at large, kept in bank account(s) and/or in the custody of the company. The order inter-alia directed the company and its promoters/directors to immediately submit the full inventory of the assets owned by the company out of the amounts collected from the "applicants"/investors under its existing schemes; to furnish all the information sought by SEBI.

Mumbai
 
March 18, 2015

For full copy of order against AFASAR KHAN, click here.

For full copy of order against DHIRENDRA SINGH KUSHWAHA, click here.

For full copy of order against DINESH SINGH BHADORIYA, click here.

For full copy of order against FUTURE GOLD INFRABUILD INDIA LTD., click here.

For full copy of order against SATYENDRA SINGH, click here.

For full copy of order against VINEET KUMAR PHALKE, click here.