Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
SEBI directs winding up of Cinema Capital Venture Fund over “gross mismanagement”
Update / Judgement Date
04 May 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
SEBI ordered the winding up of Cinema Capital Venture Fund due to gross mismanagement and regulatory violations. The markets regulator found serious lapses in fund operations and investor protection measures. This decisive action underscores SEBI's commitment to maintaining discipline in alternative investment funds and protecting investor interests in high-risk venture capital schemes.