Sebi has barred Corporate Capital Ventures from taking new assignments for one month after finding multiple compliance lapses by the merchant banker, including non-updation of IPO track records, failure to maintain due diligence records and misleading disclosure on office locations.
The order was passed by Sebi Whole Time Member Amarjeet Singh in the matter of Corporate Capital Ventures Private Limited, which is registered with the regulator as a merchant banker. The restriction will run for one month from the date of the order.
