0424-2020 Chandrasen Ganpatrao Bhise vs SEBI

SAT · Final order

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(a) required under this Act or any rules or regulations made thereunder to obtain a certificate of registration from the Board for sponsoring or carrying on any collective investment scheme, including mutual funds, sponsors or carries on any collective investment scheme, including mutual funds, without obtaining such certificate of registration, he shall be liable to a penalty which shall not be less than one lakh rupees but which may extend to one lakh for each day during which he sponsors or carries on any such collective investment scheme including mutual funds subject to a

BEFORE THE SECURITIES APPELLATE TRIBUNAL MUMBAI

Order reserved : 21.02.2022 Date of Decision: 02.03.2022 Misc. Application No.417 of 2020 And Misc. Application No.486 of 2020 And Misc. Application No.556 of 2021 And Appeal No.424 of 2020 Chandrasen Ganpatrao Bhise Gopal Niwas, Plot No.14, Room No.4, 1st Floor, Sion (West), Mumbai – 400 022.

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