Description
SEBI issues remittance order for recovery certificate against Manish Mishra in matter related to Pressure Sensitive (India) Limited.
Summary
SEBI has issued a remittance order for Recovery Certificate No. 8739 of 2025 against Manish Mishra in connection with matters related to Pressure Sensitive (India) Limited. This compliance order represents an enforcement action for recovery of dues.
Key Points
- Recovery Certificate No. 8739 of 2025 issued against Manish Mishra
- Matter relates to Pressure Sensitive (India) Limited
- Remittance order issued for compliance purposes
- Part of SEBI’s enforcement and recovery mechanisms
Regulatory Changes
No new regulatory changes introduced. This is an enforcement action under existing SEBI recovery procedures.
Compliance Requirements
- Subject individual must comply with the remittance order
- Payment of dues as specified in the recovery certificate
- Adherence to SEBI’s enforcement and recovery procedures
Important Dates
- Order Date: July 28, 2025
- Recovery Certificate No.: 8739 of 2025
Impact Assessment
This enforcement action demonstrates SEBI’s continued focus on compliance and recovery of dues from defaulters. The issuance of recovery certificates indicates escalated enforcement measures against non-compliant entities and individuals. Market participants should note SEBI’s robust approach to ensuring compliance with regulatory obligations.
Impact Justification
Enforcement action involving recovery certificate indicates serious compliance violation with potential market impact