SEBI finds Lifeinspire used website and Telegram for unregistered investment advisory

This order addresses SEBI's findings that Lifeinspire Knowledge Solutions Private Limited (LKSPL) and its directors provided unregistered investment advisory services and made misleading claims about guaranteed returns. It details the allegations, the noticee's response, and the procedural history leading to the final determination.

Lifeinspire Knowledge Solutions Private Limited (LKSPL), Shri M.S. Ahammed Ali, and Shri M S Mohammed Ali

• SEBI found that LKSPL offered investment advisory services for consideration without being registered with SEBI, violating Section 12(1) of the SEBI Act and Regulation 3(1) of the IA Regulations, 2013.
• SEBI found that LKSPL made false and misleading representations to clients regarding guaranteed returns, violating the PFUTP Regulations, 2003.
• SEBI held that the directors, Shri M.S. Ahammed Ali and Shri M S Mohammed Ali, are liable for the company's actions under Section 27 of the SEBI Act.
• The noticees were directed to show cause why directions to refund amounts collected and penalties should not be imposed.
• The noticees failed to appear for the initial personal hearing but appeared for a rescheduled hearing on October 13, 2025, reiterating their written defense that they did not demand money and that hackers misused their website.

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