News From Press Nine entities settle case of alleged AIF rules violations with Sebi

Nine entities settle case of alleged AIF rules violations with Sebi

Source: BS Jan 29, 2022

As many as nine entities, including PenBrook Capital Advisors and Peninsula Brookfield Trustee, on Friday settled with Sebi a case pertaining to alleged violations of alternative investment funds rules after paying Rs 85 lakh towards settlement charges.

The settlement order comes after the entities approached Sebi to settle the case in the matter of Peninsula Brookfield India Real Estate Fund, AIF.

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