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i invest in the vaibhav pariwar pvt.ltd. i know about company company is legal or unlegal or it is govt undertaking please send the details on my id [protected]@gmail.com
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ye company ka future blind hai baba ... is paisa laga to samgo paisa hath se gaya.
mere khayal se company is servicing its customer very well and investor's money is safe
mera hisaab se ye company sahi kam kar rahi hai kyonki maine bhi is kampany main apny mata (Lacchi debi) ke naam par invest kiya tha aur maine 2 saal pura hone ke baad sanhi smay par paisa wapas paya hai ye koi company ko badnam karne ki kosis kar raha hai
Vaibhav Pariwar is Certified company with proper validity, has done very well in the market.
With a proven record, I Received maturity of 1Lac.
I am quite impress with this company.
With a proven record, I Received maturity of 1Lac.
I am quite impress with this company.
this is not true, I think that there is no problem in this company because For this type of company there is no requirement to follow the rule & regulation by SEBI or IRDA or RBI
Alok Kumar singh
Alok Kumar singh
CBI is going to investigate Vaibhav Pariwar. It is a fraud. Yeh CBI ki list me aa chuki hai. jald hi tala laga kar bhaag jaayegi
I had invested 50, 000 Rs in 2010 for one year and i have got the maturity amount. I am happy that this company treats their customer like family members.
JAI VAIBHAV !!!
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JAI VAIBHAV !!!
e batt shahi hai e company fraud hai savi investor one year ke lie money invest kiya hai koi 10 or 14 year ke lie nahi long time ke liye invest karo rat ke nind haram ho jaega
I have studied this company since last two years. They have made presentation before 100 of BHU professors about their expansion plan in Agriculture, Environment, Energy, Hospitality. It was appreciated by the experts and scientists. It is excellent and have good future
Prof Rajesh Singh
Chairman
Press, Publication and Publicity
Banaras Hindu University, Varanasi-221 005
[protected]
Prof Rajesh Singh
Chairman
Press, Publication and Publicity
Banaras Hindu University, Varanasi-221 005
[protected]
SEBI observed that VPIPL is prima facie engaged in fund mobilising activity from the public, through the Offer of NCDs
The Securities and Exchange Board of India (SEBI), based on its investigation ruled that VPIPL (Vaibhav Pariwar India Projects Limited) shall not mobilise funds from investors through the Offer of NCDs or through the issuance of equity shares or any other securities, to the public.
SEBI received a complaint dated 29 April 2014 from an investor alleging non-payment of interest and maturity amount in respect of Secured Redeemable Non-Convertible Debentures issued by VPIPL. SEBI, in the process of investigating the complaint asked for papers from VPIPL.
SEBI also received a complaint dated 5 June 2014 from another investor in respect of the non-payment of interest and maturity amount in respect of Secured Redeemable Non-Convertible Debentures issued by VPIPL.
Meanwhile, RBI vide letter dated 4 July 2014 and Office of the Director, Economic Offences Investigation Cell, Finance Department, Govt. of West Bengal, Kolkata vide letter dated July 28, 2014 also forwarded a complaint received by them from an investor of VPIPL regarding non-payment of maturity amount in respect of Secured Redeemable Non-Convertible Debentures issued by VPIPL.
SEBI’s investigation observed from the Balance Sheets that VPIPL has not created any Debenture Redemption Reserve and failure to create Debenture Redemption Reserve is prejudicial to the interests of the debenture holders.
SEBI also concluded, “Based on the material available on record, I find that Ashok Kumar Banerjee and Chandrima Sarkar have prima facie failed to meet the eligibility criteria specified under the provisions of the Debenture Trustees Regulations and therefore, have acted as unregistered Debenture Trustees, which amounts to violation of the abovementioned provisions of the SEBI Act read with the Debenture Trustees Regulations.”
The SEBI member in his order argued as follows: “It is pertinent to mention that urgent measures have to be taken in the matter as VPIPL and its Directors have failed to submit relevant information to SEBI. In light of the same, I find there is no other alternative but to take recourse through an interim action against VPIPL and its Directors along with its Debenture Trustees, viz. Ashok Kumar Banerjee and Chandrima Sarkar, for preventing that company from further carrying on with its fund mobilising activity under the Offer of NCDs.”
The SEBI order said that VPIPL shall not mobilize funds from investors through the Offer of NCDs or through the issuance of equity shares or any other securities, its Directors, viz. Rajesh Kumar Rai, Manoj Kumar Rai, Binay Kumar Lall and Indrakala Rai and its Debenture Trustees viz. Ashok Kumar Banerjee and Chandrima Sarkar, are prohibited from issuing prospectus or any offer document or issue advertisement for soliciting money from the public for the issue of securities, and VPIPL and its Directors, are restrained from accessing the securities market and further prohibited from buying, selling or otherwise dealing in the securities market, either directly or indirectly, till further directions.
The Securities and Exchange Board of India (SEBI), based on its investigation ruled that VPIPL (Vaibhav Pariwar India Projects Limited) shall not mobilise funds from investors through the Offer of NCDs or through the issuance of equity shares or any other securities, to the public.
SEBI received a complaint dated 29 April 2014 from an investor alleging non-payment of interest and maturity amount in respect of Secured Redeemable Non-Convertible Debentures issued by VPIPL. SEBI, in the process of investigating the complaint asked for papers from VPIPL.
SEBI also received a complaint dated 5 June 2014 from another investor in respect of the non-payment of interest and maturity amount in respect of Secured Redeemable Non-Convertible Debentures issued by VPIPL.
Meanwhile, RBI vide letter dated 4 July 2014 and Office of the Director, Economic Offences Investigation Cell, Finance Department, Govt. of West Bengal, Kolkata vide letter dated July 28, 2014 also forwarded a complaint received by them from an investor of VPIPL regarding non-payment of maturity amount in respect of Secured Redeemable Non-Convertible Debentures issued by VPIPL.
SEBI’s investigation observed from the Balance Sheets that VPIPL has not created any Debenture Redemption Reserve and failure to create Debenture Redemption Reserve is prejudicial to the interests of the debenture holders.
SEBI also concluded, “Based on the material available on record, I find that Ashok Kumar Banerjee and Chandrima Sarkar have prima facie failed to meet the eligibility criteria specified under the provisions of the Debenture Trustees Regulations and therefore, have acted as unregistered Debenture Trustees, which amounts to violation of the abovementioned provisions of the SEBI Act read with the Debenture Trustees Regulations.”
The SEBI member in his order argued as follows: “It is pertinent to mention that urgent measures have to be taken in the matter as VPIPL and its Directors have failed to submit relevant information to SEBI. In light of the same, I find there is no other alternative but to take recourse through an interim action against VPIPL and its Directors along with its Debenture Trustees, viz. Ashok Kumar Banerjee and Chandrima Sarkar, for preventing that company from further carrying on with its fund mobilising activity under the Offer of NCDs.”
The SEBI order said that VPIPL shall not mobilize funds from investors through the Offer of NCDs or through the issuance of equity shares or any other securities, its Directors, viz. Rajesh Kumar Rai, Manoj Kumar Rai, Binay Kumar Lall and Indrakala Rai and its Debenture Trustees viz. Ashok Kumar Banerjee and Chandrima Sarkar, are prohibited from issuing prospectus or any offer document or issue advertisement for soliciting money from the public for the issue of securities, and VPIPL and its Directors, are restrained from accessing the securities market and further prohibited from buying, selling or otherwise dealing in the securities market, either directly or indirectly, till further directions.