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 Name Date of SEBI Order (In case of both interim and final orders in a matter, date of final order is stated here)
1 Sun-plant Agro Ltd 03/05/2011
2 NGHI Developers India Limited 06/11/2012
3 MPS Greenery Developers Limited 06/12/2012
4 Nicer Green Forest Ltd 12/03/2013
5 Maitreya Services Pvt. Ltd 25/03/2013
6 Osian’s Connoissurers of Art Ltd. 15/04/2013
7 Saradha Realty India Ltd 23/04/2013
8 Alchemist Infra Realty Ltd 21/06/2013
9 Sumangal Industries Ltd 09/07/2013
10 Rose Valley Hotels & Entertainment Ltd 10/07/2013
11 HBN Dairies & Allied Ltd 12/07/2013
12 Maitreya Plotters & Structures Pvt. Ltd 30/08/2013
13 Orient Resorts (India) Pvt. Ltd 26/11/2013
14 Green Ray International Limited 03/02/2014
15 Green Buds Agro Farm I Ltd 16/05/2014
16 M/s. KBCL India Ltd 26/05/2014
17 Haldhar Realty and Enterprises Ltd 17/06/2014
18 Rose Valley Real Estate & Constructions Ltd. 18/06/2014
19 Beetal Livestocks & Farms (Pvt) Ltd 25/06/2014
20 Ramel Industries Ltd 11/07/2014
21 Remac Realty India Ltd 15/07/2014
22 PACL 22/08/2014
23 KMJ Land Developers India Ltd 12/09/2014
24 G N Dairies Limited 31/10/2014
25 Sheen Agro and Plantation Ltd 14/11/2014
26 Shree Sai Space Creation Ltd 24/11/2014
27 Arise Bhoomi Developers Ltd 02/12/2014
28 Vee Realties India Limited 02/12/2014
29 Kim Infrastructure & Developers  Ltd 08/12/2014
30 Ken Infratech Ltd 17/12/2014
31 MVL Limited 19/12/2014
32 Ecogreen Realestate (India) Limited 26/12/2014
33 Sai Prakash Properties Development Ltd 26/12/2014
34 Sai Prakash Organic Foods Ltd 06/01/2015
35 Sai Prasad Foods Ltd. 14/01/2015
36 Sai Prasad Properties Ltd 14/01/2015
37 NICL India Ltd 14/01/2015
38 RBN Infrastructure India Ltd 25/02/2015
39 Future Gold Infrabuild India Limited 13/03/2015
40 Shri Ram Real Estate and Business Solution Limited 17/03/2015
41 Mark Builders & Land Developers Limited 17/03/2015
42 Networth Marketing Limited 19/03/2015
43 Parivar Dairies and Allied Limited 30/03/2015
44 Prosperity Agro India Limited 31/03/2015
45 Rich Infra Developers India Ltd 31/03/2015
46 BNP India Developers And Infrastructure Ltd 31/03/2015
47 Arohan Trustee Company Private Limited 21/04/2015
48 Viswas Real Estates and Infrastructure India Ltd 27/04/2015
49 USK India Ltd. 07/05/2015
50 Insure Life Infrastructure India Limited 08/05/2015
51 Susk India Ltd. 29/05/2015
52 Citrus Check inns 03/06/2015
53 Capacious Farming Ltd 16/06/2015
54 IPN Land Developers And Allied Ltd and its Directors 22/06/2015
55 V3 Infrastructure & Estates Private Ltd and its Directors/Promoters 23/06/2015
56 Emerging India Infra Limited 26/06/2015
57 Bhoomi Devcon and Agritech Ltd 29/06/2015
58 Kalpbut Real Estate Ltd 03/07/2015
59 IHI Developers India Ltd 03/08/2015
60 Royal Twinkle Star Club Ltd. 21/08/2015
61 Nikhara Bharath Construction Company Ltd. 21/08/2015
62 Ally Multi-Trade India Pvt. Ltd. 26/08/2015
63 Samruddha Jeevan Foods India Ltd 02/09/2015
64 Popular Agro Farms Pvt. Limited 08/09/2015
65 Agri Gold Farms & Estates Ltd 14/09/2015
66 RDPL Infrastructure Limited 22/09/2015
67 Adel Landmarks Ltd (Era Landmarks Ltd) 07/10/2015
68 Raghav Capital & Infrastructure Ltd. 19/10/2015
69 Wisdom Agro Tech India Ltd 20/10/2015
70 Servehit Housing & Infrastructure  India Ltd. 04/11/2015
71 Dhanolty Developers Ltd 04/11/2015
72 Yatra Art Fund 06/11/2015
73 Sunshine Global Agro Limited (Sunshine Forestry Pvt. Ltd) 09/11/2015
74 Nicer Green Housing and Infrastructure Developers Limited 09/11/2015
75 JSR Dairies Ltd 20/11/2015
76 Karmbhoomi Real Estates Ltd 30/11/2015
77 Sunplant Bio Energy Private Limited 09/12/2015
78 Zeestar Limouzines Limited 11/12/2015
79 Step Up Marketing Pvt. Ltd. 15/12/2015
80 HNC Infrastructures and Shares India Ltd 08/01/2016
81 Suvidha Farming & Allied Ltd 11/01/2016
82 Sai Prasad Corporation Ltd. 01/02/2016
83 GCA Marketing Pvt Ltd 04/02/2016
84 Zeestar Multi Club & Tours Pvt. Limited 04/02/2016
85 Blessing Agro Farm India Ltd 11/02/2016
86 Shubham Kroti Foods Pvt. Ltd 17/02/2016
87 Skylark Land Develpers Ltd 17/02/2016
88 JSV Developers India Ltd. 18/02/2016
89 Pancard Clubs Limited 29/02/2016
90 Peers Allied Corporation Ltd 14/03/2016
91 Disc Assets Lead India Ltd 30/03/2016
92 Utkarsh Plotters & Multi Agro Solutions India ltd 05/04/2016
93 Garima Real Estate and Allied Ltd. 03/05/2016
94 Swar Agrotech India Ltd 06/05/2016
95 Swar Agroteak and Housing India Private Limited (SAHIPL) 06/05/2016
96 Assure Agrowtech Limited 09/05/2016
97 Sai Multi Services and its proprietor 10/05/2016
98 SPNJ Land Projects and Developers India Ltd 16/05/2016
99 Anmol India Agro Herbal Farming and Dairies Care Co. Ltd 19/05/2016
100 Garima Homes & Farm Houses Ltd 19/05/2016

Mumbai- June 06, 2016

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