| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 21 |
|
GFC MUTUAL FUND
|
|
|
VIOLATED SEBI ACT, RULES & REGULATIONS
|
DIRECTED NOT TO LAUNCH ANY NEW SCHEMES FROM 19-JUN-1997
19-JUN-1997
|
|
| 22 |
|
|
GIC MUTUAL FUND
|
|
|
GIC MUTUAL FUND TRANSFERRED SCHEME TO CANBANK MUTUAL FUND
|
CANCELLED REGISTRATION AS MUTUAL FUND AND WITHDRAWN APPROVAL GRANTED TO ASSET MANAGEMENT COMPANY
19-SEP-2007
|
|
| 23 |
|
|
HB MUTUAL FUND
|
|
|
APPROVAL GRANTED TO ASSET MANAGEMENT COMPANY WITHDRAWN
|
CANCELLED REGISTRATION AS MUTUAL FUND AND WITHDRAWN APPROVAL GRANTED TO ASSET MANAGEMENT COMPANY
18-NOV-1999
|
|
| 24 |
|
|
HSBC MUTUAL FUND
|
|
|
DID NOT PROVIDE TIMELY INFORMATION TO INVESTORS/UNITHOLDERS ABOUT CHANGES IN INVESTMENT POLICIES, OBJECTIVES AND DURATION OF SCHEME ETC AS REQUIRED UNDER CLAUSES 2,6 AND 9 OF CODE OF CONDUCT AND REGULATION 25(1) OF MUTUAL FUNDS REGULATIONS, 1996
DID NOT ADHERE TO PROVISIONS OF MUTUAL FUNDS REGULATIONS, DIRECTIVES/INSTRUCTIONS/GUIDELINES AND CIRCULARS ISSUED FROM TIME TO TIME AS REQUIRED UNDER 25(6A) OF MUTUAL FUNDS REGULATIONS, 1996
|
WARNED/DIRECTED TO BE MORE CAREFUL WHILE DEALING WITH SECURITIES MARKET
23-APR-2010
|
SAT: SAT VIDE ITS ORDER DATED 03/05/2011 DIRECTED TO COMPLY WITH REGULATION 18(15A) OF SEBI (MUTUAL FUNDS) REGULATIONS, 1996 QUA THE APPELLANTS AND PROVIDE THEM WITH AN EXIT ROUTE
|
| 25 |
|
|
ICICI PRUDENTIAL MUTUAL FUND
|
|
|
DID NOT ADHERE TO ALL PROVISIONS OF THE DIRECTIVES/INSTRUCTIONS/GUIDELINES, CIRCULARS IN MATTER OF ADVERTISEMENT THROUGH NEWSPAPERS AND HOARDINGS AS REQUIRED UNDER REGULATION 25(6A) OF SEBI (MUTUAL FUNDS) REGULATIONS, 1996
|
DIRECTED TO ABIDE STRICTLY BY STIPULATIONS ON ADVERTISEMENTS BY MUTUAL FUNDS, ISSUED BY SEBI
17-MAR-2010
|
|
| 26 |
|
|
INDIAN BANK MUTUAL FUND
|
|
|
RETURNS TO UNITHOLDERS NOT PAID AS COMMITTED IN OFFER DOCUMENTS
|
DIRECTED TO PAY RETURNS TO UNITHOLDERS
01-DEC-1999
|
|
| 27 |
|
|
INDIAN BANK MUTUAL FUND
|
|
|
INDIAN BANK AS MUTUAL FUND HAS HIVED OFF ALL THEIR EXISTING SCHEMES TO TATA MUTUAL FUND AFTER GIVING AN EXIT OPTION TO ALL UNITHOLDERS
|
CANCELLED REGISTRATION AS MUTUAL FUND AND WITHDRAWN APPROVAL GRANTED TO ASSET MANAGEMENT COMPANY
14-MAR-2002
|
|
| 28 |
|
|
ING MUTUAL FUND
|
|
|
REQUESTED FOR CANCELLATION OF CERTIFICATE OF REGISTRATION
|
CANCELLED REGISTRATION AS MUTUAL FUND AND WITHDRAWN APPROVAL GRANTED TO ASSET MANAGEMENT COMPANY
19-JAN-2015
|
|
| 29 |
|
|
ITC THREADNEEDLE MUTUAL FUND
|
|
|
SURRENDERED CERTIFICATE OF REGISTRATION
|
CANCELLED REGISTRATION AS MUTUAL FUND AND WITHDRAWN APPROVAL GRANTED TO ASSET MANAGEMENT COMPANY
30-DEC-1999
|
|
| 30 |
|
|
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
|
|
| 31 |
|
|
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
|
|
| 32 |
|
|
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
|
|
| 33 |
|
|
JF MUTUAL FUND
|
|
|
AS A RESULT OF CHANGE IN CONTROL, JF MUTUAL FUND HAS HANDED OVER ALL THEIR EXISTING SCHEMES TO SUN F&C MUTUAL FUND AFTER GIVING AN EXIT OPTION TO ALL UNITHOLDERS
|
CANCELLED REGISTRATION AS MUTUAL FUND AND WITHDRAWN APPROVAL GRANTED TO ASSET MANAGEMENT COMPANY
25-SEP-2002
|
|
| 34 |
|
|
JM FINANCIAL MUTUAL FUND
|
|
|
DID NOT EXERCISE DUE DILIGENCE
|
IMPOSED PENALTY RS.5,00,000
31-AUG-2004
|
SAT: IMPUGNED ORDER SET ASIDE
|
| 35 |
|
|
JP MORGAN MUTUAL FUND
|
|
|
REQUESTED FOR CANCELLATION OF CERTIFICATE OF REGISTRATION
|
CANCELLED REGISTRATION AS MUTUAL FUND AND WITHDRAWN APPROVAL GRANTED TO ASSET MANAGEMENT COMPANY
13-JUN-2018
|
|
| 36 |
|
|
KJMC MUTUAL FUND
|
|
|
REQUESTED FOR CANCELLATION OF CERTIFICATE OF REGISTRATION
|
CANCELLED REGISTRATION AS MUTUAL FUND AND WITHDRAWN APPROVAL GRANTED TO ASSET MANAGEMENT COMPANY
20-JUN-2018
|
|
| 37 |
|
|
KOTAK MAHINDRA MUTUAL FUND
|
|
|
DID NOT GIVE THE REQUIRED 21 DAYS PRIOR NOTICE TO BOARD AND INVESTORS
|
IMPOSED PENALTY RS.50,000
26-FEB-2003
|
SAT: APPEAL ALLOWED
|
| 38 |
|
|
L&T MUTUAL FUND
|
|
|
SURRENDERED CERTIFICATE OF REGISTRATION
|
CEASED TO EXIST AS MUTUAL FUND
10-APR-2023
|
|
| 39 |
|
|
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
|
|
| 40 |
|
|
MORGAN STANLEY MUTUAL FUND
|
|
|
DID NOT ADHERE TO STATED INVESTMENT POLICY/DIRECTIVES/INSTRUCTIONS/GUIDELINES OF THE EXCHANGE
|
IMPOSED PENALTY RS.2,00,000
02-JUN-1997
|
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
|
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