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Real estate firms under Sebi lens for fraudulent CIS

Real estate firms under Sebi lens for fraudulent CIS
New Delhi: The Securities and Exchange Board of India (Sebi) has directed to put an end to Collective Investment Schemes (CIS) run by many real estate developers as it suspects investor frauds. It asked the firms to refund the money to investors within three months. Numerous complaints have been lodged with the market regulator by [...] Continue Reading »



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