| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 1 |
|
BIRLA SUN LIFE MUTUAL FUND
|
|
|
ALLEGED LAUNCH OF MUTUAL FUND SCHEME WITHOUT FILING DRAFT OFFER DOCUMENT WITH SEBI AS REQUIRED UNDER REGULATIONS 28(1) AND (2) OF SEBI (MUTUAL FUND) REGULATIONS, 1996
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.1,00,000, ADMINISTRATION CHARGES RS.25,000 VIDE CONSENT ORDER)
18-MAY-2009
|
|
| 2 |
|
|
J.P.MORGAN MUTUAL FUND
|
|
|
ALLEGED MUTUAL FUND OFFER DOCUMENT CONTAINED INCORRECT SCHEME NAME AND INFORMATION AND EVEN UNITS WERE ALLOTTED UNDER THE INCORRECT SCHEME NAME VIOLATING REGULATIONS 31 OF SEBI (MUTUAL FUNDS)
ALLEGED ISSUANCE OF SCHEME INFORMATION DOCUMENT WITHOUT MENTIONING OPENING AND CLOSING DATE OF NFO
ALLEGED LATE LISTING OF UNITS VIOLATING REGULATIONS 32 OF SEBI (MUTUAL FUNDS) REGULATIONS, 1996
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.91,80,000 VIDE CONSENT ORDER)
REACHED SETTLEMENT (CONSENT ORDER) (AGREED VOLUNTARILY TO BE DEBARRED FROM ISSUING OF NEW SCHEMES FOR A PERIOD OF ONE YEAR) FROM 29-MAR-2017 TO 28-MAR-2018
29-MAR-2017
|
|
| 3 |
|
|
J.P.MORGAN MUTUAL FUND
|
|
|
ALLEGED VIOLATION OF REGULATIONS 18(15A), 25(3), 25(16) AND 25(19) READ WITH CLAUSES 4, 6, 8 AND 9 OF CODE OF CONDUCT AS SPECIFIED IN FIFTH SCHEDULE AND REGULATION 47 READ WITH CALUSES (A) & (B) OF PRINCIPLES OF FAIR VALUATION AS SPECIFIED IN EIGHTH SCHEDULE VIOLATING OF SEBI (MUTUAL FUNDS) REGULATIONS, 1996 IN MATTER OF AMTEK AUTO LTD.
ALLEGED VIOLATION OF REGULATIONS 18(15A), 25(3) AND 25(16) READ WITH CLAUSES 6, 8 AND 9 OF CODE OF CONDUCT AS SPECIFIED IN FIFTH SCHEDULE AND REGULATION 50(1) AND CLAUSE 1 OF SEVENTH SCHEDULE VIOLATING OF SEBI (MUTUAL FUNDS) REGULATIONS, 1996 IN MATTER OF AMTEK AUTO LTD.
VIOLATED SEBI CIRCULAR NO. SEBI/IMD/CIR NO.5/126096/08 03/05/2008
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.8,07,02,400 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
26-MAR-2018
|
|
| 4 |
|
|
J.P.MORGAN MUTUAL FUND
|
|
|
ALLEGED VIOLATION OF REGULATIONS 18(15A), 25(3), 25(16) READ WITH CLAUSES 6, 8 AND 9 OF CODE OF CONDUCT AS SPECIFIED IN FIFTH SCHEDULE AND REGULATION 50(1) AND CLAUSE 1 OF SEVENTH SCHEDULE VIOLATING OF SEBI (MUTUAL FUNDS) REGULATIONS, 1996
DID NOT ADHERE TO SEBI CIRCULAR NO. SEBI/IMD/CIR NO.5/126096/08 DATED 23/05/2008
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.27,20,000 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
27-MAR-2018
|
|
| 5 |
|
|
L&T MUTUAL FUND
|
|
|
ALLEGED FAILURE IN EXERCISING DUE DILIGENCE AND CARE BY NOT TAKING ADEQUATE MEASURES TO ENSURE NON-LEAKAGE OF INFORMATION PERTAINING TO ITS TRADING STRATEGY
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.10,00,000 VIDE CONSENT ORDER)
16-DEC-2010
|
|
| 6 |
|
|
PRINCIPAL MUTUAL FUND
(PAN:AAATP6607N)
|
|
|
ALLEGED VIOLATION OF TOTAL EXPENSE RATIO (TER) AND BREACH OF MAXIMUM PERMISSIBLE TOTAL EXPENSE RATIO (TER) LIMIT AS PER REGULATIONS 10(A) AND 52(6) (C) OF SEBI (MUTUAL FUNDS) REGULATIONS, 1996
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.25,90,000 VIDE CONSENT ORDER)
28-MAR-2018
|
|
| 7 |
|
|
SBI MUTUAL FUND
(PAN:AAACS7339D)
|
|
|
ALLEGED FAILURE IN EXERCISING DUE DILIGENCE AND PROPER CARE IN CONDUCT OF ITS BUSINESS VIOLATING OF CLAUSES 6, 8 AND 9 OF CODE OF CONDUCT PRESCRIBED FOR TRUSTEES AND ASSET MANAGEMENT COMPANIES READ WITH REGULATIONS 18(22), 25(16), 25(2), 25(3) AND 50(2) OF SEBI (MUTUAL FUND) REGULATIONS, 1996 IN MATTER OF PADMINI TECHNOLOGIES LTD.
ALLEGED PURCHASE OF SHARES IN OFF-MARKET TRANSACTIONS VIOLATING SEBI CIRCULAR NO.SMDRP/POLICY/CIR/32/99 DATED 14/09/1999
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.14,05,12,795, PAID TO OTHERS RS.62,04,510 VIDE CONSENT ORDER)
28-SEP-2018
|
|
| 8 |
|
|
TAURUS MUTUAL FUND
|
|
|
ALLEGED INDULGENCE IN PRICE MANIPULATION AND CREATION OF ARTIFICIAL MARKET IN SCRIP OF DCM SHRIRAM CONSOLIDATED LTD.
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.20,00,000 VIDE CONSENT ORDER)
28-NOV-2008
|
|
| 9 |
|
|
UNION KBC MUTUAL FUND
|
|
|
ALLEGED VIOLATION OF REGULATION 18(22), 25(16),68(H) READ WITH CLAUSES 6, 8 AND 9 OF FIFTH SCHEDULE OF SEBI (MUTUAL FUNDS) REGULATIONS, 1996 IN MATTER OF UNION KBC MUTUAL FUND
|
REACHED SETTLEMENT (SETTLEMENT CHARGES RS.37,31,071 ALONG WITH OTHER ENTITIES/PERSONS VIDE CONSENT ORDER)
31-OCT-2018
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
