Shri G. Mahalingam, Whole Time Member, Securities and Exchange Board of India (SEBI), has passed an order dated January 20, 2017 under sections 11(1), 11B and 11D of SEBI Act, 1992 against CapitalVia Global Research Limited (SEBI registered investment adviser bearing registration no. INA200001512) and its directors viz. Mr. Kiran Ravindra Kumar Choudhary, Mr. Rohit Gadia, and Mr. Anshul Mansingka inter - alia directing them:
i. not to solicit or undertake any fresh advisory business for another period of four months from the date of order.
ii. to discontinue the acceptance of funds from clients including by way of deactivation of online remittances, with immediate effect during the aforesaid four month period.
iii to disclose the contents of these directions prominently on its website(s) immediately.
The full text of the order is available on the website: www.sebi.gov.in.