sebi:Order/BJD/MG/2020-21/9494-9497
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Facts / Headnote
Noticees held liable for floating/sponsoring unregistered Collective Investment Scheme in violation of Section 12(1B) SEBI Act, Regulation 3 of CIS Regulations and Regulation 4(2)(t) of PFUTP Regulations
Provisions invoked
- s. 11A
- s. 15
- s. 19
- s. 12
- s. 15H
- s. 15I
- s. 15J
- s. 15F
- s. 28A
- s. 15D
- s. 15I(1)
Regulations
- Reg. 3
- Reg. 4(2)(t)
- Reg. 23
Parties
- Samruddha Jeevan Foods India Limited
- Mahesh Motewar
- Rajendra Pandurang Bhandare
Holding
The 'Purchase and Rearing of Goats/Buffaloes' schemes of Samruddha Jeevan Foods India Limited are a Collective Investment Scheme under Section 11AA, operated without SEBI registration, and the Company and its directors for the relevant period violated Section 12(1B), Regulation 3 of CIS Regulations and Regulation 4(2)(t) of PFUTP Regulations.
Full text
____________________________________________________________________ Adjudication Order in the matter of Samruddha Jeevan Foods India Limited Page 2 of 31
____________________________________________________________________ Adjudication Order in the matter of Samruddha Jeevan Foods India Limited Page 3 of 31
____________________________________________________________________ Adjudication Order in the matter of Samruddha Jeevan Foods India Limited Page 4 of 31
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Source: SecMarx — sebi:Order/BJD/MG/2020-21/9494-9497. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.