Description
SEBI release order for recovery certificate against Ilesh Madhusudan Patel in relation to M/s Kuber Udyog Limited compliance proceedings.
Summary
SEBI has issued a release order for Recovery Certificate No. 2917 of 2020 against Ilesh Madhusudan Patel in the matter of M/s Kuber Udyog Limited. This order pertains to compliance enforcement proceedings and indicates the completion or resolution of recovery actions.
Key Points
- Recovery Certificate No. 2917 of 2020 has been released
- Target entity: Ilesh Madhusudan Patel
- Related company: M/s Kuber Udyog Limited
- Release order indicates completion of recovery proceedings
Regulatory Changes
No new regulatory changes introduced. This is an enforcement action completion notice.
Compliance Requirements
The release order indicates that the recovery certificate proceedings have been completed for the specified individual and entity.
Important Dates
- Order Date: July 31, 2025
- Recovery Certificate No.: 2917 of 2020
Impact Assessment
This release order has limited market-wide impact as it pertains to a specific individual and company. It represents the conclusion of enforcement proceedings related to Recovery Certificate No. 2917 of 2020.
Impact Justification
Recovery certificate release order indicates resolution of compliance matter for specific entity