Description
SEBI notice of attachment dated 14/08/2025 for recovery proceedings against Chetan Yashwant Shukla (PAN: ABBPS2467H) regarding unregistered investment advisory services.
Summary
SEBI has issued a notice of attachment dated 14/08/2025 under Recovery Certificate No. 8836 of 2025 against Chetan Yashwant Shukla (PAN: ABBPS2467H) in connection with unregistered investment advisory services.
Key Points
- Recovery certificate number: 8836 of 2025
- Target: Chetan Yashwant Shukla (PAN: ABBPS2467H)
- Notice date: 14/08/2025
- Matter relates to unregistered investment advisory services
- Attachment proceedings initiated for recovery
Regulatory Changes
No new regulatory changes introduced - this is an enforcement action under existing regulations.
Compliance Requirements
- Investment advisors must register with SEBI before providing advisory services
- Unregistered investment advisory activities are prohibited
- Recovery proceedings may be initiated against violators
Important Dates
- Notice of attachment: 14/08/2025
- Recovery certificate issued: 2025
Impact Assessment
This is an individual enforcement action with limited broader market impact. It reinforces SEBI’s commitment to ensuring proper registration of investment advisors and taking action against unregistered activities. The attachment notice is part of recovery proceedings to collect penalties or dues from the violator.
Impact Justification
Enforcement action against individual for unregistered activities, limited broader market impact