Description
SEBI issues demand notice under Recovery Certificate 8870 of 2025 to Momin Jahan, proprietor of Jahan Enterprises, related to investigation in Continental Seeds and Chemicals Limited trading activities.
Summary
SEBI has issued a Notice of Demand under Recovery Certificate number 8870 of 2025 dated August 25, 2025, to Momin Jahan, proprietor of Jahan Enterprises (PAN: BNKPJ7050D). This demand notice is in connection with the investigation into trading activities of certain entities in the scrip of Continental Seeds and Chemicals Limited.
Key Points
- Recovery Certificate No. 8870 of 2025 issued against Momin Jahan
- Target entity: Jahan Enterprises (Proprietor: Momin Jahan)
- PAN of defaulter: BNKPJ7050D
- Related to investigation in Continental Seeds and Chemicals Limited trading activities
- Formal demand notice for recovery proceedings
Regulatory Changes
No regulatory changes announced in this notice.
Compliance Requirements
- Momin Jahan/Jahan Enterprises must comply with the demand notice
- Payment or response to recovery proceedings as per the certificate
- Potential enforcement action if demand is not met
Important Dates
- Recovery Certificate issued: August 25, 2025
- Demand notice date: August 25, 2025
Impact Assessment
This enforcement action specifically targets Momin Jahan and Jahan Enterprises in connection with trading irregularities in Continental Seeds and Chemicals Limited. The recovery certificate indicates SEBI’s determination to recover amounts through formal legal proceedings. This represents a serious compliance enforcement matter that may result in financial penalties and legal consequences for the named defaulter.
Impact Justification
Recovery certificate demand notice indicates serious regulatory enforcement action against specific entity