Description
SEBI issues recovery certificate notice against Umesh Balkrishan Tibrewala HUF in connection with Pressure Sensitive (India) Limited matter.
Summary
SEBI has issued Recovery Certificate No. 8842 of 2025 against Umesh Balkrishan Tibrewala HUF (Hindu Undivided Family) in connection with matters related to Pressure Sensitive (India) Limited. This represents an enforcement action involving demand for recovery of dues.
Key Points
- Recovery Certificate No. 8842 of 2025 issued
- Target entity: Umesh Balkrishan Tibrewala HUF
- Connected to Pressure Sensitive (India) Limited
- Compliance notice of demand issued
- Part of SEBI’s enforcement proceedings
Regulatory Changes
No specific regulatory changes outlined in this enforcement notice.
Compliance Requirements
- Umesh Balkrishan Tibrewala HUF must comply with recovery certificate demands
- Payment of outstanding dues as determined by SEBI
- Adherence to enforcement proceedings timeline
Important Dates
- Recovery Certificate No. 8842 of 2025
- Notice issued: July 28, 2025
Impact Assessment
This enforcement action affects the specific HUF entity and may have implications for Pressure Sensitive (India) Limited. The recovery certificate indicates SEBI’s pursuit of outstanding financial obligations through formal enforcement mechanisms.
Impact Justification
Recovery certificate indicates enforcement action with financial implications for specific entity