| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 821 |
|
VERTEX SALES PVT.LTD.
|
|
|
ALLEGED FAILURE IN APPEARING PERSONALLY AND/OR PROVIDING NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF QUEST FINANCIAL SERVICES LTD.
|
SUMMON ISSUED
03-MAR-2008
|
|
| 822 |
|
|
VERTEX SPINNING LTD.
(CIN:L28900MH1994PLC108684
PAN:AABCV5617N)
|
|
|
|
MITHLESH SURESH SHARMA
|
|
|
SURESH JAIRAM SHARMA
PAN:ANFPS2503J
|
|
DID NOT ADHERE TO SUMMONS ISSUED BY INVESTIGATION AUTHORITY IN MATTER OF VERTEX SPINNING LTD.
DID NOT DISCLOSE IMPLEMENTATION STATUS OF ALL CORPORATE ANNOUNCEMENTS IN MATTER OF VERTEX SPINNING LTD.
|
IMPOSED PENALTY RS.1,00,000
31-MAR-2020
|
SAT: SAT VIDE ITS ORDER DATED 05/10/2021 CONDONED THE DELAY OF 365 DAYS IN FILING OF APPEAL AND DISMISSED THE APPEAL
SAT: SAT VIDE ITS ORDER DATED 23/12/2021 DISMISSED REVIEW APPLICATIONS FOR WANT OF PROSECUTION
SEBI VIDE ITS ORDER DATED 08/06/2022 DIRECTED TO PAY RS.1,28,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS NOTICE DATED 21/07/2022 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S. HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED
SEBI VIDE ITS ORDER DATED 14/11/2022 DIRECTED ALL THE BANKS TO REMIT RS.1,33,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF VERTEX SPINNING LTD. TO SEBI BY WAY OF EFT/NEFT/RTGS
|
| 823 |
|
|
VIBHUTI MULTI TRADE PVT.LTD.
(PAN:AACCV3776B)
|
|
|
DID NOT SUBMIT REQUIRED DETAILS/INFORMATION/RECORDS/DOCUMENTS SOUGHT VIDE SUMMONS DATED 03/06/2014 AND 02/07/2014 IN MATTER OF RAVI KUMAR DISTILLERIES LTD.
|
IMPOSED PENALTY RS.5,00,000
17-OCT-2018
|
SEBI VIDE ITS NOTICE DATED 29/09/2020 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL AND/OR MUTUAL FUNDS TO 1. ATTACH ALL THE ACCOUNTS (INCLUDING MUTUAL FUNDS) BY WHATEVER NAME CALLED INCLUDING LOCKERS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED
SEBI VIDE ITS ORDER DATED 04/11/2020 DIRECTED ALL THE BANKS TO REMIT RS.,6,42,123.00 TO THE EXTENT LYING IN THE ACCOUNT OF VIBHUTI MULTI TRADE PVT.LTD. TO SEBI BY WAY OF EFT/NEFT/RTGS
SEBI VIDE ITS ORDER DATED 06/11/2020 DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS INCLUDING LOCKERS,DEMAT ACCOUNTS AND MUTUAL FUND FOLIOS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 29/09/2020
|
| 824 |
|
|
VIJAYPATH DISTRIBUTORS PVT.LTD.
|
|
|
DID NOT PROVIDE INFORMATION TO SEBI
MANIPULATED PRICE IN SCRIP OF AKSHYA FISCAL SERVICES LTD.
|
IMPOSED PENALTY RS.25,000
31-MAY-2007
|
INCLUDED IN SEBI LIST DATED 30/06/2010, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 825 |
|
|
VINAY MERCANTILE PVT.LTD.
(PAN:AACCV5597L)
|
|
|
INDULGED IN OFF-MARKET TRANSACTIONS IN SCRIP OF BANK OF RAJASTHAN LTD.
DID NOT PERSONALLY APPEAR AND/OR PROVIDE NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF BANK OF RAJASTHAN LTD.
|
IMPOSED PENALTY RS.8,00,000
14-FEB-2013
|
SAT: SAT VIDE ITS ORDER DATED 11/02/2014 UPHELD PENALTY IMPOSED UNDER SECTIONS 15HA, 15A (A) AND 15H(II) OF SEBI ACT.
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
SEBI VIDE ITS NOTICE DATED 23/03/2017 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED
SEBI VIDE ITS NOTICE DATED 18/05/2022 ALLOWED THE APPEAL AND DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUND FOLIOS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 23/03/2017
|
| 826 |
|
|
VINIT ENTERPRISES
(PAN:AFAPB7100D)
|
|
|
|
DHARMENDRA HARILAL BHOJAK
PAN:AFAPB7100D
|
|
DID NOT SUBMIT REQUIRED INFORMATION/DOCUMENTS SOUGHT VIDE SUMMONS IN MATTER OF SUPREME TEX MART LTD.
|
IMPOSED PENALTY RS.5,00,000 ALONG WITH OTHER ENTITIES/PERSONS
31-MAR-2021
|
SEBI VIDE ITS NOTICE DATED 11/08/2022 DIRECTED TO PAY RS.5,86,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS NOTICE DATED 06/09/2022 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED
SEBI VIDE ITS ORDER DATED 13/10/2022 DIRECTED ALL THE BANKS TO REMIT RS.5,96,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF VINIT ENTERPRISES AND MR.DHARMENDRA HARILAL BHOJAK BY WAY OF EFT/NEFT/RTGS
|
| 827 |
|
|
VINTAGE FZE
|
|
|
|
MUKESH BABULAL CHAURADIYA
PAN:AAVPC0966A
|
|
INDULGED IN EMPLOYING FRAUDULENT PLAN/ARRANGEMENT, DEVICE, ARTIFICE AND CONTRIVANCE WITH REGARD TO SUBSCRIPTION OF GDRS AND CREATION OF UNDERLYING SHARES USING FAÇADE OF GDR ISSUE, MONETIZING THOSE GDRS THROUGH SALE OF UNDERLYING SHARES OF GDRS AND INDUCING AND ALLURING INDIAN INVESTORS TO DEAL IN SHARES OF RASOYA PROTEIN LTD.
INDULGED IN ISSUANCE OF FALSE & MISLEADING DISCLOSURES, MISREPRESENTATIONS AND ACTIVE CONCEALMENT OF MATERIAL INFORMATION WITH REGARD TO PLEDGE OF ENTIRE GDR SUBSCRIPTION AMOUNT OF RASOYA PROTEIN LTD.
DID NOT CO-OPERATE WITH SEBI DURING INVESTIGATIONS AND PROVIDED FALSE INFORMATION TO SEBI AND BSE IN MATTER OF RASOYA PROTEIN LTD.
|
DEBARRED / RESTRAINED FROM ASSOCIATING WITH / ACCESSING CAPITAL MARKET / INTERMEDIARIES FROM 24-SEP-2014 TO 22-OCT-2021
DEBARRED/RESTRAINED FROM BUYING/SELLING/DEALING/IPOS IN SECURITIES/SPECIFIED SCRIPS DIRECTLY/INDIRECTLY FROM 24-SEP-2014 TO 22-OCT-2021
DIRECTED NOT TO DEAL IN SECURITIES OR INSTRUMENT EXCHANGEABLE OR CONVERTIBLE INTO SECURITIES, DIRECTLY OR INDIRECTLY, IN ANY MANNER WHATSOEVER FROM 24-SEP-2014 TO 22-OCT-2021
24-SEP-2014
DIRECTED TO DISGORGE RS.1,43,30,20,084 ALONG WITH OTHER ENTITIES/PERSONS
22-OCT-2021
|
SEBI VIDE ITS ORDER DATED 23/03/2015 CONFIRMED ITS DIRECTIONS ISSUED VIDE ITS AD INTERIM EX-PARTE ORDER DATED 24/09/2014
SEBI VIDE ITS ORDER DATED 21/10/2021 RESTRAINED FROM ACCESSING SECURITIES MARKET AND FURTHER PROHIBITED FROM BUYING, SELLING OR OTHERWISE DEALING IN SECURITIES, DIRECTLY OR INDIRECTLY AND ASSOCIATING WITH SECURITIES MARKET IN ANY MANNER TILL THE DATE OF THIS ORDER
SEBI VIDE ITS NOTICE DATED 10/06/2024 DIRECTED TO PAY RS.2,95,57,12,891.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS ORDER DATED 02/07/2024 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED
SEBI VIDE ITS NOTICE DATED 06/08/2024 DIRECTED ALL THE BANKS AND MUTUAL FUNDS IN INDIA TO REMIT RS.2,98,25,67,294.00 TO THE EXTENT LYING IN THE ACCOUNT OF NOTICEES TO SEBI BY WAY OF EFT/NEFT/RTG
|
| 828 |
|
|
VINTEL SECURITIES PVT.LTD.
(PAN:AABCV0925H)
|
|
|
|
BABITA JAIN
|
|
ALLEGED FAILURE IN APPEARING PERSONALLY AND/OR PROVIDING NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF ZIGMA SOFTWARE LTD.
|
NOTICE ISSUED
08-SEP-2011
|
|
| 829 |
|
|
VINTEL SECURITIES PVT.LTD.
(PAN:AABCV0925H)
|
|
|
DID NOT PROVIDE NECESSARY INFORMATION TO INVESTING AUTHORITY OF SEBI OF DEALINGS IN SCRIP OF ROBINSON WORLDWIDE TRADE LTD.
|
IMPOSED PENALTY RS.5,00,000
28-FEB-2008
|
SAT: APPEAL DISMISSED WITH NO ORDER AS TO COSTS
|
| 830 |
|
|
VINTEL SECURITIES PVT.LTD.
(PAN:AABCV0925H)
|
|
|
DID NOT PROVIDE NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF MILLENIUM CYBERTECH LTD.
|
IMPOSED PENALTY RS.7,00,000
26-AUG-2009
|
SAT: APPEAL FAILED AND DISMISSED WITH NO ORDER AS TO COSTS
INCLUDED IN SEBI LIST DATED 31/03/2014, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 831 |
|
|
VINTEL SECURITIES PVT.LTD.
(PAN:AABCV0925H)
|
|
|
DID NOT PROVIDE NECESSARY INFORMATION TO SEBI IN RESPONSE TO SUMMONS IN MATTER OF KARUNA CABLES LTD.
|
IMPOSED PENALTY RS.3,00,000
20-JAN-2011
|
INCLUDED IN SEBI LIST DATED 30/09/2013, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 832 |
|
|
VIRAJ MERCANTILE PVT.LTD.
(PAN:AADCV3852H)
|
|
|
INDULGED IN DIVERSION OF IPO MONEY AND DID NOT DEPLOY IPO PROCEEDS FOR STATED OBJECTS OF ISSUE AS DISCLOSED IN PROSPECTUS VIOLATING SECTIONS 12A(A) TO 12A(C) OF SEBI ACT. 1992 READ WITH REGULATIONS 3(A) TO 3(D) AND 4(1) OF SEBI (PFUTP) REGULATIONS, 2003 IN MATTER OF ACROPETAL TECHNOLOGY LTD.
DID NOT FURNISH CORRECT AND COMPLETE INFORMATION IN RESPONSE TO SUMMONS ISSUED IN MATTER OF ACROPETAL TECHNOLOGY LTD.
|
IMPOSED PENALTY RS.3,00,000
31-MAR-2022
|
SEBI VIDE ITS NOTICE DATED 24/08/2022 DIRECTED TO PAY RS.3,16,000.00 WITHIN FIFTEEN DAYS FROM RECEIPT OF THIS NOTICE
SEBI VIDE ITS NOTICE DATED 21/10/2022 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED
SEBI VIDE ITS ORDER DATED 22/11/2022 DIRECTED ALL THE BANKS TO REMIT RS.3,25,000.00 TO THE EXTENT LYING IN THE ACCOUNT OF VIRAJ MERCANTILE PVT.LTD. TO SEBI BY WAY OF EFT/NEFT/RTGS
SEBI VIDE ITS NOTICE DATED 10/01/2023 ALLOWED THE APPEAL AND DIRECTED ALL THE BANKS IN INDIA/NSDL/CDSL TO RELEASE ALL THE BANK ACCOUNTS INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUND FOLIOS OF THE DEFAULTERS WHICH WERE ATTACHED PURSUANT TO THE NOTICE OF ATTACHMENT DATED 21/10/2022
SEBI VIDE ITS ORDER DATED 10/01/2023 COMPLETED OF RECOVERY CERTIFICATE PAYMENT OF AMOUNT DUE UNDER CERTIFICATE NO.5434 OF 2022 DATED 24/08/2022
|
| 833 |
|
|
VIRGO MERCANTILE PVT.LTD.
(PAN:AACCV6426E)
|
|
|
DID NOT PERSONALLY APPEAR AND/OR PROVIDE NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF PG ELECTROPLAST LTD.
|
IMPOSED PENALTY RS.1,00,000
02-AUG-2017
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 834 |
|
|
VISHAL KUMAR TEXTILES PVT.LTD.
(PAN:AABCV0979M)
|
|
|
DID NOT PROVIDE NECESSARY INFORMATION TO SEBI IN RESPONSE TO SUMMONS IN MATTER OF KARUNA CABLES LTD.
|
IMPOSED PENALTY RS.5,00,000
26-JUL-2010
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 835 |
|
|
VISHAL KUMAR TEXTILES PVT.LTD.
(PAN:AABCV0979M)
|
|
|
DID NOT PROVIDE NECESSARY INFORMATION TO SEBI IN RESPONSE TO SUMMONS IN MATTER OF MEGA CORP.LTD.
|
IMPOSED PENALTY RS.4,00,000
06-AUG-2010
|
INCLUDED IN SEBI LIST DATED 31/12/2017, AS DEFAULTER IN PAYMENT OF PENALTY IMPOSED BY SEBI
|
| 836 |
|
|
VISHVAS PROJECTS LTD.
(PAN:AAACM2047A)
|
|
|
DID NOT PERSONALLY APPEAR AND/OR PROVIDE NECESSARY INFORMATION/DOCUMENTS IN RESPONSE TO SUMMONS IN MATTER OF SUMEET INDUSTRIES LTD.
|
IMPOSED PENALTY RS.1,00,000
30-DEC-2011
|
|
| 837 |
|
|
VISHVAS PROJECTS LTD.
(PAN:AAACM2047A)
|
|
|
|
ASHOK MARWAH
PAN:AGAPM9028L
|
|
|
NIHAR RANJAN MISHRA
PAN:AFLPM1238C
|
|
|
SATYENDER KUMAR
PAN:CXDPK2039R
|
|
DID NOT ADHERE TO SUMMONS ISSUED FOR FURNISHING OF INFORMATION
|
IMPOSED PENALTY RS.15,00,000
20-MAR-2019
|
SEBI VIDE ITS NOTICE DATED 07/01/2021 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL AND/OR MUTUAL FUNDS TO 1. ATTACH ALL THE ACCOUNTS (INCLUDING MUTUAL FUNDS) BY WHATEVER NAME CALLED INCLUDING LOCKERS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED
|
| 838 |
|
|
VISHVJYOTI TRADING LTD.
(CIN:L51900MH1984PLC034663
PAN:AAACV4012A)
|
|
|
DID NOT SUBMIT REQUIRED DETAILS/INFORMATION/RECORDS/DOCUMENTS AS PER SUMMONS DATED 22/02/2017 AND 03/03/2017
|
IMPOSED PENALTY RS.10,00,000
25-SEP-2020
|
SEBI VIDE ITS NOTICE DATED 10/11/2022 DIRECTED ALL THE BANKS IN INDIA AND/OR NSDL/CDSL TO 1. ATTACH ALL THE ACCOUNTS BY WHATEVER NAME CALLED INCLUDING LOCKERS, DEMAT ACCOUNTS AND MUTUAL FUNDS FOLIOS EITHER SINGLY OR JOINTLY WITH ANY PERSON/S AND ALL OTHER AMOUNT/PROCEEDS DUE OR MAY BECOME DUE OR ANY MONEY HELD OR MAY SUBSEQUENTLY HOLD FOR ON ACCOUNT OF THE DEFAULTERS AND 2. NOT TO DEBIT ANY AMOUNT IN THE SAID ACCOUNT/S.HOWEVER CREDITS, IF ANY, INTO THE ACCOUNT MAY BE ALLOWED
SEBI VIDE ITS ORDER DATED 09/01/2023 DIRECTED ALL THE BANKS TO REMIT RS.12,91,428.00 TO THE EXTENT LYING IN THE ACCOUNT OF VISHVJYOTI TRADING LTD. TO SEBI BY WAY OF EFT/NEFT/RTGS
|
| 839 |
|
|
VISTAAR CAPITAL ADVISORS LTD.
(PAN:AACCV6540K)
|
|
|
|
GURPREET SINGH DHILLON
PAN:AFQPD5302R
|
|
|
RAKESH MADAN NANDA
PAN:AACPN2533P
|
|
|
SHACHINDRA NATH
PAN:ABOPN3798F
|
|
|
SUNIL GODHWANI
PAN:AACPG6998F
|
|
DID NOT WINDUP SCHEME OF FUND ON EXPIRY OF TENURE/TERM
DID NOT MAINTAIN BOOKS OF ACCOUNT AND OTHER DOCUMENTS
DID NOT REDRESS INVESTOR COMPLAINTS
DID NOT SUBMIT REPORT TO SEBI
|
RESTRAINED FROM ASSOCIATING DIRECTLY OR INDIRECTLY, WITH ANY REGISTERED INTERMEDIARIES INCLUDING SEBI REGISTERED FUNDS SUCH AS MUTUAL FUNDS, ALTERNATIVE INVESTMENT FUNDS, PORTFOLIO MANAGEMENT SERVICES ETC. WHICH DEAL WITH INVESTOR’S MONEY IN ANY MANNER FROM 24-MAY-2023 TO 23-OCT-2023
24-APR-2023
|
|
| 840 |
|
|
VISTAAR CAPITAL ADVISORS LTD.
(PAN:AACCV6540K)
|
|
|
|
KAVIL VENKATACHALAM GOURISHANKAR
PAN:ACCPG6678E
|
|
|
SANTOSH DATTA
PAN:AAQPD2621N
|
|
|
SHEETAL TALWAR
PAN:ADNPT6365M
|
|
DID NOT WINDUP SCHEME OF FUND ON EXPIRY OF TENURE/TERM
DID NOT MAINTAIN BOOKS OF ACCOUNT AND OTHER DOCUMENTS
DID NOT REDRESS INVESTOR COMPLAINTS
DID NOT SUBMIT REPORT TO SEBI
|
DIRECTED TO ENSURE THAT THE SCHEME OF FUND WOUND UP BY PROVIDING EXIT TO ITS INVESTORS/UNIT HOLDERS
DIRECTED TO OBTAIN TWO SEPARATE VALUATIONS OF ALL REMAINING ASSETS OF SCHEME OF FUND FROM TWO INDEPENDENT AND/OR REGISTERED VALUERS
DIRECTED TO DETERMINE NAV OF THE SCHEME OF THE FUND BASED ON VALUATION REPORTS BY ADOPTING HIGHER OF VALUATION ARRIVED AT IN TWO VALUATION REPORTS
DIRECTED TO PROVIDE EXIT TO INVESTORS/UNIT HOLDERS FIRST BY OFFERING OPTION TO EXISTING INVESTORS/UNIT HOLDERS TO TAKE EXIT BY WAY OF IN SPECIE DISTRIBUTION OF INTEREST/RIGHTS/STAKES/SHARES, ETC. IN INVESTEE COMPANIES/PROJECTS
DIRECTED INVESTORS/UNIT HOLDERS WHO DO NOT EXERCISE THEIR OPTION FOR IN SPECIE DISTRIBUTION, TO BE GIVEN EXIT ON BASIS OF NAV DETERMINED AS PER DIRECTIONS
DIRECTED TO COMPLETE ENTIRE PROCESS OF WINDING UP OF SCHEME OF FUND AND PROVIDING EXIT TO INVESTORS/UNIT HOLDERS
DIRECTED TO FILE REPORT CERTIFIED BY CHARTERED ACCOUNTANT DECLARING THAT ALL THE INVESTORS OF SCHEME HAVE BEEN PROVIDED EXIT AND SCHEME OF FUND STANDS WOUND UP AND REPORT TO BE FILED WITHIN THREE WEEKS AFTER COMPLETION OF THE EXIT AND REPAYMENT TO INVESTORS/UNIT HOLDERS OF SCHEME
DIRECTED NOT TO TAKE NEW ASSIGNMENTS AS INVESTMENT MANAGER FROM 24-MAY-2023 TO 23-MAY-2024
PROHIBITED FROM ISSUING PROSPECTUS OR ANY OFFER DOCUMENT, OR ISSUE ADVERTISEMENT FOR SOLICITING MONEY FROM PUBLIC FOR ISSUE OF SECURITIES IN ANY MANNER EITHER DIRECTLY OR INDIRECTLY FROM 24-MAY-2023 TO 23-MAY-2024
24-APR-2023
|
SAT: SAT VIDE ITS ORDER DATED 05/07/2023 DIRECTED RESPONDENT TO FILE REPLY WITHIN THREE WEEKS AND REJOINDER TO BE FILED WITHIN THREE WEEKS THEREAFTER. STAYED THE DIRECTIONS GIVEN IN PARAGRAPH 53 (V, VI, VII AND VIII)
SAT: SAT VIDE ITS ORDER DATED 05/09/2023 CONDONED THE DELAY IN FILING OF APPEAL AND ALLOWED APPELLANTS THREE WEEKS TO FILE REJOINDER
SAT: SAT VIDE ITS ORDER DATED 19/12/2023 CONDONED THE DELAY IN FILING OF APPEAL AND REPLY TAKEN ON RECORD
SAT: SAT VIDE ITS ORDER DATED 06/10/2025 ACCEPTED APPELLANTS AFFIDAVITS AND DISPOSED OF APPEAL . NO COSTS
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
| |
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| Page 42 of 44
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