Description
SEBI announces completion of recovery proceedings against Lucy Maqbul Massey for dues related to Family Care Hospitals Limited case.
Summary
SEBI has completed recovery proceedings under Recovery Certificate No. 8856 of 2025 against Lucy Maqbul Massey in connection with the Family Care Hospitals Limited matter. This represents the closure of enforcement action to recover outstanding dues.
Key Points
- Recovery Certificate No. 8856 of 2025 proceedings have been completed
- Target individual: Lucy Maqbul Massey
- Related to Family Care Hospitals Limited case
- Administrative closure of recovery action
Regulatory Changes
No new regulatory changes introduced. This is a closure notification for existing recovery proceedings.
Compliance Requirements
No new compliance requirements. This represents completion of existing enforcement action.
Important Dates
- August 21, 2025: Date of completion notification
Impact Assessment
Minimal market impact as this is an individual recovery case closure. Represents SEBI’s ongoing enforcement activities and debt recovery efforts in completed cases. No operational impact on current market participants.
Impact Justification
Individual recovery case with limited market impact, primarily administrative closure