India RTI News

  MUMBAI: Adani enterprises launched its IPO in Nov 1994 without SEBI compliance . As per SEBI RTI reply it has no record of SEBI NOC to Adani enterprises with copy of observation letter. The Company bypassed SEBI Procedure and directly listed it shares in BSE and NSE  . Recently SEBI given clean chit to Adani trading investigation without checking its NOC. The Adani enterprises listed its shares without complying SEBI circular dated 18 June 1992 . The circular directed all exchanges that no company should be listed without SEBI compliance. Adani taken interest free public money without SEBI compliance . If SEBI will take action then it will be similar case of Sahara and he has to return all public money with 15 percent Interest . The SEBI Investigation officer may be well wisher of Adani and given clean chit by taking advantage. Adani compliance officer did not responded on NOC query. Final Status of   SEBIH/R/E/25/01214 Applicant Name: Sapan Shrivastava Date of r...

     Mumbai: HDFC Mutual fund failed to show SEBI and Trustee approval certificate to the investors of its top selling schemes . As per section 28 Of Mutual fund regulation HDFC AMC design the scheme and take approval from trustee and later send to SEBI for approval. To protect the interest of investors Under section 11 Of SEBI act 1992 SEBI give approval to mutual fund scheme . In many SEBI document SEBI confirmed that it approve the mutual fund scheme . In the SEBI scores complaint reply HDFC mutual fund is taking money from investors but not sharing trustee and SEBI approval copy with investors. It is cheating with investors and collecting money in the name of SEBI approval . HDFC did not PRINTED in any catalog or Brochure  in bold letter that this scheme in not approved by SEBI and Trustee.   HDFC AMC is making huge money in the name of approval from investors in the name of various charges and its share value is rising. HDFC mutual fund is unregulated ...