SEBI-LOGOPR No. 110/2016- June 06, 2016

SEBI cautions investors not to invest in schemes offered by entities barred by SEBI from raising money or entities not registered with SEBI

Certain Collective Investment Scheme(s) (CIS) have come to the notice of SEBI, which were offered by entities not registered with SEBI nor offer document of such schemes have been filed with SEBI. Appropriate actions have been taken against such entities and its Directors and since January 01, 2011, SEBI has passed orders against certain entities and its Directors (listed below), carrying on unregistered CIS. As part of interim directions, SEBI inter-alia directs the entities and its Directors to stop collecting further money under existing / new schemes, not to launch any new scheme or float any new companies/firm to raise fresh money, not to divert or alienate any assets or money collected. As part of final directions, SEBI directs winding up of unregistered schemes of the entities, repayments to investors and inter-alia also debars the entity and its Directors from accessing the Capital markets.

A list of the Companies against whom orders have been passed by SEBI since 2011 till May 31, 2016 is given below with this press release. The respective orders are available on the SEBI website at www.sebi.gov.in

Investors and general public are hereby cautioned that other than “GIFT Collective Investment Management Company Limited” no other entity is registered with SEBI under the CIS Regulations. Further, investors are advised to bear the following cautionary checks before investing in a collective investment scheme:

  1. Whether the entity is registered with SEBI
  2. Whether the scheme (CIS) has filed an offer document with SEBI
  3. Subscription to CIS units is permitted only though a banking channel, no cash transactions are permitted
  4. No guaranteed or assured returns are permitted (at most, an indicative return may be stated in offer document)

If any of the following unregistered entity/ies (as per the list below) are found to be collecting / mobilizing money, investors are advised not to subscribe to such schemes and to report the same to SEBI and State authorities including Police authorities immediately, along with appropriate details / documents.

Mumbai- June 06, 2016

Entities against whom orders are issued from 1st April 2011 to 31st May 2016

S.No.Case NameDate of SEBI Order (In case of both interim and final orders in a matter, date of final order is stated here)
1Sun-plant Agro Ltd03/05/2011
2NGHI Developers India Limited06/11/2012
3MPS Greenery Developers Limited06/12/2012
4Nicer Green Forest Ltd12/03/2013
5Maitreya Services Pvt. Ltd25/03/2013
6Osian’s Connoissurers of Art Ltd.15/04/2013
7Saradha Realty India Ltd23/04/2013
8Alchemist Infra Realty Ltd21/06/2013
9Sumangal Industries Ltd09/07/2013
10Rose Valley Hotels & Entertainment Ltd10/07/2013
11HBN Dairies & Allied Ltd12/07/2013
12Maitreya Plotters & Structures Pvt. Ltd30/08/2013
13Orient Resorts (India) Pvt. Ltd26/11/2013
14Green Ray International Limited03/02/2014
15Green Buds Agro Farm I Ltd16/05/2014
16M/s. KBCL India Ltd26/05/2014
17Haldhar Realty and Enterprises Ltd17/06/2014
18Rose Valley Real Estate & Constructions Ltd.18/06/2014
19Beetal Livestocks & Farms (Pvt) Ltd25/06/2014
20Ramel Industries Ltd11/07/2014
21Remac Realty India Ltd15/07/2014
22PACL22/08/2014
23KMJ Land Developers India Ltd12/09/2014
24G N Dairies Limited31/10/2014
25Sheen Agro and Plantation Ltd14/11/2014
26Shree Sai Space Creation Ltd24/11/2014
27Arise Bhoomi Developers Ltd02/12/2014
28Vee Realties India Limited02/12/2014
29Kim Infrastructure & Developers  Ltd08/12/2014
30Ken Infratech Ltd17/12/2014
31MVL Limited19/12/2014
32Ecogreen Realestate (India) Limited26/12/2014
33Sai Prakash Properties Development Ltd26/12/2014
34Sai Prakash Organic Foods Ltd06/01/2015
35Sai Prasad Foods Ltd.14/01/2015
36Sai Prasad Properties Ltd14/01/2015
37NICL India Ltd14/01/2015
38RBN Infrastructure India Ltd25/02/2015
39Future Gold Infrabuild India Limited13/03/2015
40Shri Ram Real Estate and Business Solution Limited17/03/2015
41Mark Builders & Land Developers Limited17/03/2015
42Networth Marketing Limited19/03/2015
43Parivar Dairies and Allied Limited30/03/2015
44Prosperity Agro India Limited31/03/2015
45Rich Infra Developers India Ltd31/03/2015
46BNP India Developers And Infrastructure Ltd31/03/2015
47Arohan Trustee Company Private Limited21/04/2015
48Viswas Real Estates and Infrastructure India Ltd27/04/2015
49USK India Ltd.07/05/2015
50Insure Life Infrastructure India Limited08/05/2015
51Susk India Ltd.29/05/2015
52Citrus Check inns03/06/2015
53Capacious Farming Ltd16/06/2015
54IPN Land Developers And Allied Ltd and its Directors22/06/2015
55V3 Infrastructure & Estates Private Ltd and its Directors/Promoters23/06/2015
56Emerging India Infra Limited26/06/2015
57Bhoomi Devcon and Agritech Ltd29/06/2015
58Kalpbut Real Estate Ltd03/07/2015
59IHI Developers India Ltd03/08/2015
60Royal Twinkle Star Club Ltd.21/08/2015
61Nikhara Bharath Construction Company Ltd.21/08/2015
62Ally Multi-Trade India Pvt. Ltd.26/08/2015
63Samruddha Jeevan Foods India Ltd02/09/2015
64Popular Agro Farms Pvt. Limited08/09/2015
65Agri Gold Farms & Estates Ltd14/09/2015
66RDPL Infrastructure Limited22/09/2015
67Adel Landmarks Ltd (Era Landmarks Ltd)07/10/2015
68Raghav Capital & Infrastructure Ltd.19/10/2015
69Wisdom Agro Tech India Ltd20/10/2015
70Servehit Housing & Infrastructure  India Ltd.04/11/2015
71Dhanolty Developers Ltd04/11/2015
72Yatra Art Fund06/11/2015
73Sunshine Global Agro Limited (Sunshine Forestry Pvt. Ltd)09/11/2015
74Nicer Green Housing and Infrastructure Developers Limited09/11/2015
75JSR Dairies Ltd20/11/2015
76Karmbhoomi Real Estates Ltd30/11/2015
77Sunplant Bio Energy Private Limited09/12/2015
78Zeestar Limouzines Limited11/12/2015
79Step Up Marketing Pvt. Ltd.15/12/2015
80HNC Infrastructures and Shares India Ltd08/01/2016
81Suvidha Farming & Allied Ltd11/01/2016
82Sai Prasad Corporation Ltd.01/02/2016
83GCA Marketing Pvt Ltd04/02/2016
84Zeestar Multi Club & Tours Pvt. Limited04/02/2016
85Blessing Agro Farm India Ltd11/02/2016
86Shubham Kroti Foods Pvt. Ltd17/02/2016
87Skylark Land Develpers Ltd17/02/2016
88JSV Developers India Ltd.18/02/2016
89Pancard Clubs Limited29/02/2016
90Peers Allied Corporation Ltd14/03/2016
91Disc Assets Lead India Ltd30/03/2016
92Utkarsh Plotters & Multi Agro Solutions India ltd05/04/2016
93Garima Real Estate and Allied Ltd.03/05/2016
94Swar Agrotech India Ltd06/05/2016
95Swar Agroteak and Housing India Private Limited (SAHIPL)06/05/2016
96Assure Agrowtech Limited09/05/2016
97Sai Multi Services and its proprietor10/05/2016
98SPNJ Land Projects and Developers India Ltd16/05/2016
99Anmol India Agro Herbal Farming and Dairies Care Co. Ltd19/05/2016
100Garima Homes & Farm Houses Ltd19/05/2016

Mumbai- June 06, 2016

Posted Under

Category : SEBI (1624)
Tags : SEBI notifications (1023)