Description
Release order for recovery certificate against Paresh Nathalal Chauhan in the matter of Timbor Home Limited.
Summary
SEBI has issued a release order for Recovery Certificate No. 4242 of 2021 against Paresh Nathalal Chauhan in the matter of Timbor Home Limited. This release order indicates that the recovery proceedings related to the certificate have been concluded or resolved.
Key Points
- Recovery Certificate No. 4242 of 2021 has been released
- Subject: Paresh Nathalal Chauhan
- Company involved: Timbor Home Limited
- Document type: Release Order for compliance
- Status: Matter resolved/concluded
Regulatory Changes
No specific regulatory changes - this is an individual enforcement action resolution.
Compliance Requirements
The release order suggests that any outstanding compliance requirements or dues related to Recovery Certificate No. 4242 of 2021 have been satisfied.
Important Dates
- Order date: July 28, 2025
- Original Recovery Certificate: 4242 of 2021
Impact Assessment
This is an individual enforcement action resolution with minimal market impact. The release order indicates successful conclusion of recovery proceedings, demonstrating SEBI’s enforcement mechanism effectiveness.
Impact Justification
Release order indicates resolution of enforcement action - medium importance for compliance tracking, low market impact