Securities and Exchange Board of India
Press Release No. 165/2014
Dated -December 11, 2014, Mumbai
Caution to Investors
It has come to the notice of Securities and Exchange Board of India (SEBI) that certain companies / entities unauthorisedly, without obtaining registration and illegally are collecting / mobilising money from the general investors by making false promises, assuring high return, etc. Investors are advised to be careful if the returns offered by the person/ entity is very much higher than the return offered by the regulated entities like banks, deposits accepted by Companies, registered NBFCs, mutual funds etc.
Wherever SEBI has found such schemes to be in the nature of Collective Investment Schemes (CIS) appropriate action has been taken against the entity/ies and its Directors. In this regard, since January 01, 2011, SEBI has passed orders against 51 entities and its Directors carrying on unregistered CIS. As part of interim directions SEBI 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 moneys, not to divert or alienate any assets or money collected etc., and through final directions SEBI debars the company and its Directors from accessing the Capital markets, etc. List of the Companies against whom order has been passed by SEBI is given below with this press release. The orders are also available on SEBI website at www.sebi.gov.in.
However, it has been observed that certain entities collect / mobilize money under existing / new schemes even after SEBI has directed the entity not to collect any further money, not to launch any new schemes etc, which is unauthorised and illegal.
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. If any of the following entities are found to be collecting / mobilising money, investors are advised not to subscribe to such schemes and to report the same to SEBI, State authorities including Police authorities immediately, along with appropriate details / documents.
| S.N. | Case Name | Date of SEBI Order |
| 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 | Ken Infratech Ltd | 18-06-2013 |
| 9 | Alchemist Infra Realty Ltd | 21-06-2013 |
| 10 | Sumangal Industries Ltd | 09-07-2013 |
| 11 | HBN Dairies & Allied Ltd | 12-07-2013 |
| 12 | Sai Prasad Foods Ltd. | 17-07-2013 |
| 13 | Sai Prasad Properties Ltd | 17-07-2013 |
| 14 | Maitreya Plotters & Structures Pvt. Ltd | 30-08-2013 |
| 15 | MVL Limited | 26-09-2013 |
| 16 | Samruddha Jeevan Foods India Ltd | 31-10-2013 |
| 17 | Servehit Housing & Infrastructure India Ltd | 31-10-2013 |
| 18 | Orient Resorts (India) Pvt. Ltd | 26-11-2013 |
| 19 | Kim Infrastructure & Developers Ltd | 05-12-2013 |
| 20 | Green Ray International Limited | 03-02-2014 |
| 21 | Royal Twinkle Star Club Ltd. | 07-03-2014 |
| 22 | Ecogreen Realestate (India) Limited | 26-03-2014 |
| 23 | Peers Allied Corportaion Ltd | 23-04-2014 |
| 24 | Green Buds Agro Farm I Ltd | 16-05-2014 |
| 25 | M/s. KBCL India Ltd | 26-05-2014 |
| 26 | Adel Landmarks Ltd (Era Landmarks Ltd) | 05-06-2014 |
| 27 | JSR Dairies Ltd | 05-06-2014 |
| 28 | Nikhara Bharath Construction Company Ltd. | 12-06-2014 |
| 29 | Haldhar Realty and Enterprises Ltd | 17-06-2014 |
| 30 | Rose Valley Real Estate & Constructions Ltd. | 18-06-2014 |
| 31 | Beetal Livestocks & Farms (Pvt) Ltd | 25-06-2014 |
| 32 | Ramel Industries Ltd | 11-07-2014 |
| 33 | Remac Realty India Ltd | 15-07-2014 |
| 34 | Sunshine Agro Global Ltd (Sunshine Forestry Pvt. Ltd) | 15-07-2014 |
| 35 | Ally Multi-Trade India Pvt. Ltd. | 22-07-2014 |
| 36 | Sai Prasad Corporation Ltd | 22-07-2014 |
| 37 | Nicer Green Housing and Infrastructure Developers Limited | 28-07-2014 |
| 38 | Dhanolty Developers Ltd | 30-07-2014 |
| 39 | JSV Developers India Ltd. | 31-07-2014 |
| 40 | HNC Infrastructures and Shares India Ltd | 05-08-2014 |
| 41 | Shubham Kroti Foods Pvt. Ltd | 08-08-2014 |
| 42 | Viswas Real Estates and Infrastructure India Ltd | 08-08-2014 |
| 43 | IHI Developers India Ltd | 11-08-2014 |
| 44 | PACL | 22-08-2014 |
| 45 | Step Up Marketing Pvt. Ltd. | 22-08-2014 |
| 46 | SPNJ Land Projects and Developers India Ltd | 17-09-2014 |
| 47 | G N Dairies Limited | 31-10-2014 |
| 48 | Sheen Agro and Plantation Ltd | 14-11-2014 |
| 49 | Garima Real Estate and Allied Ltd. | 24-11-2014 |
| 50 | Raghav Capital & Infrastructure Ltd. | 24-11-2014 |
| 51 | Shree Sai Space Creation Ltd | 24-11-2014 |
Investors are also advised that SEBI does not regulate any scheme or arrangement made or offered by Cooperative Society, Deposits accepted by Non-Banking Financial Companies (NBFCs), Deposits accepted under 58A of Companies Act, Chit Fund Business, Contract of Insurance, Pension Scheme or Insurance Scheme, Nidhi or mutual benefit society and any other activities which are regulated by any other Authority or banned under any existing law viz., Multi Level Marketing, Pyramid schemes, etc. Accordingly, investors are cautioned not to invest in any company which is not registered and regulated and bring such schemes to the notice of various authorities i.e SEBI, Reserve Bank of India (RBI), Central Bureau of Investigation (CBI), Ministry of Corporate Affairs (MCA), Pension Fund Regulatory and Development Authority (PFRDA), Insurance Regulatory and Development Authority (IRDA) and State / Police Authorities, etc.
Illegal Establishment of a shell company titled as ‘DADAR BHAJIPALA VYAPARI MITRA MANDLE’ to certify people from General category to Agriculture Produce Market Committee (APMC) as Agent/functionary to allow/ recommendation of membership in the ‘Shri Ganesh (A) Co-Operative Housing Society’ Plot No. 01,Sector 28, Nerul (W), Navi Mumbai – 400706, for undisclosed cash PREMIUM / Please advise me where can I complain ? because JTR and people from Co-Operation r known and highly corrupted..
Registered society paying high return to his investers according the bank/nbfc.
If society fraud who will be responsible for this.
And why society genrete day by day…by MSCS
All society worker showing to every one that i am registered with ministry of agriculture of cooperation, Govt. Of India.
Please guide us. This type society safe or not for invest.
Bijankure= also CIS, this company have registratin any were in related goverment
give me current status of pacl company legal case kya company customer ke paise dena chahti hai
PANCARD CLUBS LTD IS BLACKLIST NOW PLEASE TELL ME SIR
Hi sir,maitreya plotters company bhi black list me hai kya?
plz i want resitration in sebi
PANCARD CLUB bhi black listed hai ?
Rajesh kumar
dear sir kolkat wear india ltd me hamane mca.gov .in par dekhar paisa jama kra diya hi,Pls. sir kab tak customars so. pls crevert hoga
Very Informative Article, Good Advice to select an SEBI Registered Advisory Company
Deersir, I was working in parivar dairies & allied ltd as aagent. in 2011 this companies headoffice ceased by the collectorof gwalior(m.p).till july 2013 they were given all maturity in a correct time. but from august 2014 they havenot been giving any maturity.plz suggest mehow i wouldget my money beause they say our acount is closed ,
Dear Sir
PACL LTD. me invest karne walk ko kya compony paisa return karega.
dear sir,
I am investment some money in alchemist infra reality ltd.due to heavy risk I want money refund .but company refused to money refund.so I am waiting for customer money refund.
dear sir,
I am investment some money in alchemist infra reality ltd.but due to heavy risk I want to money refund.but company refused my money refund.so I am waiting for my customer refund.
Sir,
Kim infrasrtucture & developer ltd, ko Sebi ne ban kiya hai LEKIN “kim infrasrtucture ” abi ek nector NAME ki COMPANY KHOl ke loge se paise le rahi, hum janana chahte ke Sebi ko es ke bare pta hai ke koi nector NAME COMPANY logo se paise le rahi hai.
Pls “NECTOR” COMPANY ko ban kiya jaye ja es ke bare puri Jankari di jaye
Ask SEBI if they reply to your mails and enquiries? Royal twinkle now operates with some other name, KBCL still collecting money, do you think SEBI doesn’t know that?
What the hell is wrong with you, why are you begging ti SEBI, to returm money. They issue notices to companies, demand big money and when they don’t get it, they spoil company name. Wake up and smell cofee, SEBI is here to make money and not to help you get money, bloody fools
Mera Nivedan hai ki ab tak jo company public se money raising kar chuki hai aur kaise unka payment karegi mujhe batane ki kripa karenge?
ramel me 270000 mera paisa invest he jo mene public se colect kiya tha
ramel industrie ltd paisa kab degi?? Public ka 270000 rupye jama karaya he , me bahut paresani me fansa hu paisA return nahi hone ke karan
Adel Landmarks Ltd (Era Landmarks Ltd) is real estate company. I have purchased a home by this company and it is under construction. Should I need to look for a sale of this property or this company can be better and can deliver its promise of building the houses?
cheated public .Deposits collected from the public
Dear Sir. > I karumuru sambireddy s/o prasad reddy R/o.door no.4-89. Near ramalayam.sangam jagarlamudi,tenali mandal ,gunturu district ANDHRAPRADESH STATE accused have floated business in real estates running under the name and style of VVR Housing pvt ltd. 2 viswas real estate and infra structures india ltd. 3. vis was gold infra structures india ltd.having registered office at 304 and 305 mohan shradda complex,vasantha vihar,street no.8,hubsiguda,hyderabad-17 and at 211, Second floor pavani prestige,ameerpet,hyd-16.vaka vasudeva rao is the chairman of the aforesaid sister concerned three companies,vaka saradhi is the director v.prabha is the director k.satyanarayana is the managing director in the beginning the accused carry out the business smoothly and created confidence in the public and made wide attractive publicity about the prospect us of their business and invited and influenced the public to purchase the plots in their real estate and also begin to give FALSE assurances and make false promises through their marketing agents that the accused having valued licences and permissions from the RBI to collect deposits from the public and also printed pamphlets and distributed them to the public through their agents. The accused have also began to pay attractive rate of interest on deposits which they have collected from the public.deposited the amounts.total amount 1250000rate of interest at22%pa payable monthly installments.the accused have collected towards deposits to a tune of rs.50 crore approximately from the public under the scheme of viswas oypas monthly plans all the accused have in deceitful manner, fraudulently received the deposits from me and others and mis appropriate the same.the accused have collected the deposits without having valid licences and permissions from the RBI and committed default in re payment of the amount to its deposit ors like me and intentionally cheated the deposit ors. Accused are liable to be punished as per the penal provisions of the.A.P.Protection of Deposit ors of Financial Establishments Act,1999. > From sambireddy.k ph no.8096650888
Remac Realty india ltd me public ka kafi paisa deposit hai.vo MCA ke licence par cis ka kaam kar rahi thi licence no. U70102WB2009PLC132005 kafi investor ki maturity ki date puri ho chuki hai par investor ko abhi tak unka paisa nahi mila hai unki sabhi branch bhi band ho chuki hai in par kadi karvai kar kirpya investor ke hito ka dhyan rakhte huye investor ka paisa ati sighara refund karyae thanks.
Reply immediately.
Thanks.
dear sir,
Remac Realty india ltd ke invester paresan hai kab tak unka paisa refund melega
humne mca me bhi suchna de di hai please reply immediately
Pls send me revert that Sarvottam company is legal or illegal .sarvottam collect rd and fixed deposit from customers .so.plscrevert