https://www.taxtmi.com/caselaws?id=309669 SEBI found that Citrus's activities constituted a 'collective investment scheme' under Section 11AA of the SEBI Act. Citrus was directed not to collect fresh funds, launch new schemes, or dispose of assets obtained through the schemes. The order was to be immediately effective and remain until further notice, with Citrus and its Directors given 21 days to respond. en-us Wed, 03 Jun 2015 00:00:00 +0530 Fri, 15 Sep 2023 21:27:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309669 SEBI found that Citrus's activities constituted a 'collective investment scheme' under Section 11AA of the SEBI Act. Citrus was directed not to collect fresh funds, launch new schemes, or dispose of assets obtained through the schemes. The order was to be immediately effective and remain until further notice, with Citrus and its Directors given 21 days to respond. Case-Laws SEBI Wed, 03 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309669