Notice of Attachment of Bank Accounts and Demat Accounts - Sudhir Agarwal HUF

Published: August 1, 2025

Processed: August 1, 2025

SEBI Compliance attachment bank-accounts

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Description

SEBI notice of attachment dated 01.08.2025 under RC No. 8830 of 2025 against Sudhir Agarwal HUF for dealing in illiquid stock options at BSE.

Summary

SEBI has issued a notice of attachment dated 01.08.2025 under Recovery Certificate No. 8830 of 2025 against Sudhir Agarwal HUF in connection with dealing in illiquid stock options at the Bombay Stock Exchange (BSE).

Key Points

Attachment notice issued against Sudhir Agarwal HUF
Related to illiquid stock options trading violations at BSE
Recovery Certificate No. 8830 of 2025
Notice dated August 1, 2025

Regulatory Changes

No new regulatory changes introduced. This is an enforcement action under existing regulations.

Compliance Requirements

Affected party must comply with attachment orders
Banks and depositories must freeze specified accounts
No transactions permitted in attached accounts without SEBI approval

Important Dates

Notice Date: August 1, 2025
Recovery Certificate: RC No. 8830 of 2025

Impact Assessment

Limited impact to specific entity (Sudhir Agarwal HUF). Demonstrates SEBI’s continued enforcement against illiquid stock options manipulation. Banks and depositories handling the entity’s accounts must implement freezing measures.

Category	Compliance
Circular ID	`d8844b21cf9af29c`
Impact	Medium
Severity	High
Tags	attachment bank-accounts demat-accounts illiquid-stock-options bse enforcement
Source	SEBI
Links	PDF Document ↗ Original Source ↗ Permalink