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Illegal money pooling

RBI launches portal to curb illegal money pooling by firms

To curb illegal and unauthorised pooling of funds by unscrupulous firms, Reserve Bank on Thursday launched a website, which will help people obtain information about entities allowed to collect deposits.

Aug 04, 2016, 16:05 PM IST

Sebi passed 96 orders in illegal money pooling cases: Govt

Capital market regulator Sebi has passed 96 orders against various entities during the past three years for running illegal collective investment schemes, Parliament was informed on Friday.

Jul 24, 2015, 17:25 PM IST

Sebi bars Amazan Agro from mobilising funds via securities

Cracking the whip on illegal money pooling activity, Sebi on Wednesday restrained Kolkata-based Amazan Agro Products and its directors from raising funds and also barred them from capital markets, till further orders.

Feb 04, 2015, 19:42 PM IST

Sebi bars Micro Finance Ltd from raising funds via securities

Cracking the whip on illegal money pooling activity, Sebi on Wednesday restrained Odisha-based Micro Finance, its directors and promoters from raising funds and barred them from the capital markets.

Jan 14, 2015, 18:44 PM IST