PRESS RELEASE - SEBI |
November 09, 2015
Order in the matter of M/s Servehit Housing and Infrastructure India Limited and its directors Shri Prashant Saran, Whole Time Member, SEBI, has passed an order on Nov 04, 2015 in the matter of M/s
Servehit Housing and Infrastructure India Limited and its directors under the Securities and Exchange Board of India
Act, 1992 read with Regulations 65 of Securities and Exchange Board of India (Collective Investment Schemes)
Regulations, 1999. Servehit Housing and Infrastructure India Limited was running a scheme/arrangement of mobilizing funds from investors / public through applications for purchase of and development plot under its various plans without being registered with SEBI and as a result of the aforesaid activity has violated provisions of the SEBI Act and SEBI (Collective Investment Schemes) Regulations, 1999.
Mumbai |
|
For full copy of order against Servehit Housing and Infrastructure India Ltd., Mr.Sukhmander Singh, Mr.Rajender Kuma, Mr.Balbir Singh Saini, Mr.Satish Kumar and Mr.Surjeet Kumar click here. |
|