Tuesday, 24 January 2017

CapitalVia Global Research directed not to undertake fresh advisory business-The Total Investment & Insurance Solutions

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24 January 2017

Securities and Exchange Board of India (SEBI) passed an order under sections 11(1), 11B and 11D of SEBI Act, 1992 against CapitalVia Global Research Limited (SEBI registered investment adviser bearing registration number INA200001512) and its directors namely Kiran Ravindra Kumar Choudhary, Rohit Gadia and Anshul Mansingka, according to a release from SEBI. As per the SEBI Order the investment advisory firm and its directors have been directed: The Total Investment & Insurance Solutions

(a) not to solicit or undertake any fresh advisory business for a period of four months;

(b) to discontinue the acceptance of funds from clients including by way of deactivation of online remittances, with immediate effect; and

(c) to disclose the contents of these directions prominently on its website immediately.The Total Investment & Insurance Solutions


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