illegal fund mobilizing activity illegal fund mobilizing activity

4 years ago

I had Joint a collective investment scheme(CIS) and we paid around 4 lac for 3 years, after that the organization had shut and cheated us on 2015. Now I come to know that the organization had ordered by SEBI to refund the money which they have collected by collective investment scheme(CIS) for breaking nder Section 19 of the Securities and Exchange Board of India Act, 1992 and Sections 11(1), 11B and 11(4) thereof and regulation 65 of the SEBI (Collective Investment Schemes) Regulations, 1999, can Any one help me out how to collect my money from them?

Kishan Dutt Kalaskar

Responded 4 years ago

View All Answers
A.Dear Sir,
You have to pursue criminal complaint if already filed.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Shreyash Mohta

Responded 4 years ago

A.Approach SEBI and make a complain there.
Thanks
Shreyash Mohta
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Suneel Moudgil

Responded 4 years ago

A.make a claim against them stating the order made in this regard by SEBI,
you can also approach SEBI in this regard,
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconMonthly maintenance
Dear Client, In the absence of any agreement specifying the payment of maintenance by a tenant, neither the Shopowner nor the Builder can demand the same outrightly and unilaterally from the tenant....
question iconElectricity cheating by landlord
Dear Client, In the given scenario, being a tenant of the said building, if the matter is not resolved by the landlord, then bring the matter to the State Electricity Supplying Agency complaining abou...
question iconPG Refund
Dear Client, Your query requires more details to address it properly. You opt for PG arrangement whether a commercially run PG Hostel or a private residential building based on which a legal course of...
question iconCoaching institute asking for money
Dear Client, In the given scenario, serving a legal notice to the Institute, file a complaint against them before the Dist. Consumer Commission over alleged deficiency in service and unfair trade prac...
question iconCheated by Packers and Movers Agency-Company
Dear Client, In the given scenario, serving a legal notice to the Packers, file a complaint against them over deficiency in service and unfair trade practices before the Dist. Consumer Forum claiming...