PR 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-aliadirects 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:
a. Whether the entity is registered with SEBI
b. Whether the scheme (CIS) has filed an offer document with SEBI
c.Subscription to CIS units is permitted only though a banking channel, no cash transactions are permitted
d. 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
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