Description
SEBI completion order for recovery certificate against Parul Sahu in relation to Pinnacle Market Investment Advisory Pvt. Ltd.
Summary
SEBI has issued a completion order for Recovery Certificate No. 8639 of 2025 against Parul Sahu in the matter of Pinnacle Market Investment Advisory Pvt. Ltd. This indicates the completion of recovery proceedings initiated against the entity.
Key Points
- Recovery Certificate No. 8639 of 2025 has been completed
- Action taken against Parul Sahu
- Related to Pinnacle Market Investment Advisory Pvt. Ltd.
- Completion order signifies end of recovery proceedings
Regulatory Changes
No new regulatory changes introduced. This is a completion notice for existing enforcement proceedings.
Compliance Requirements
No new compliance requirements. This document confirms completion of recovery proceedings under existing SEBI enforcement framework.
Important Dates
- Order Date: August 14, 2025
- Recovery Certificate No: 8639 of 2025
Impact Assessment
This completion order has limited market impact as it represents the conclusion of enforcement proceedings. It demonstrates SEBI’s continued focus on enforcement actions against non-compliant investment advisors and serves as a deterrent for similar violations.
Impact Justification
Recovery certificate completion indicates enforcement action completed against investment advisory firm