It has been observed that certain entities collect / mobilize money under existing / new schemes even after SEBI has directed such entities not to collect any further money, not to launch any new schemes, etc. These companies / entities without obtaining registration are illegally collecting / mobilising money, from investors by making false promises, assuring unrealistic return, etc.
Wherever SEBI has found schemes offered by these entities, to be in the nature of Collective Investment Schemes (CIS), appropriate actions have 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 money, 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 orders have been passed by SEBI is given below with this press release. The orders are also available on 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. 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
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
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
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)
35
Ally Multi-Trade India Pvt. Ltd.
22-07-2014
36
Sai Prasad Corporation Ltd
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
43
IHI Developers India Ltd
11-08-2014
44
PACL
22-08-2014
45
Step Up Marketing Pvt. Ltd.
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.
51
Shree Sai Space Creation Ltd