https://www.taxtmi.com/caselaws?id=464547 SEBI Board found that the Noticees operated unregistered and fraudulent investment-advisory activity concealed as "educational courses," inducing investors through misleading claims and receiving payments. Prima facie violations of investment-advisory and PFUTP norms were recorded. The Board issued an interim ex parte order directing specified Noticees (Nos.1, 2 and 5) to cease and desist, restrained them from continuing the activities, and allowed impounding/retention of alleged illegal gains to prevent diversion. Show-cause notices were to be issued to all Noticees for further proceedings. en-us Wed, 25 Oct 2023 00:00:00 +0530 Mon, 03 Nov 2025 15:06:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464547 SEBI Board found that the Noticees operated unregistered and fraudulent investment-advisory activity concealed as "educational courses," inducing investors through misleading claims and receiving payments. Prima facie violations of investment-advisory and PFUTP norms were recorded. The Board issued an interim ex parte order directing specified Noticees (Nos.1, 2 and 5) to cease and desist, restrained them from continuing the activities, and allowed impounding/retention of alleged illegal gains to prevent diversion. Show-cause notices were to be issued to all Noticees for further proceedings. Case-Laws SEBI Wed, 25 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464547