Description
SEBI compliance order releasing bank accounts, demat accounts and mutual fund folios of Mr. Nirmal Jain under Recovery Certificate No. 4558 of 2022.
Summary
SEBI has issued a compliance order releasing the bank accounts, demat accounts, and mutual fund folios of Mr. Nirmal Jain under Recovery Certificate No. 4558 of 2022. This order appears to resolve a previous enforcement action against the individual.
Key Points
- Order relates to Mr. Nirmal Jain (PAN: Not available)
- Recovery Certificate No. 4558 of 2022
- Release of frozen bank accounts, demat accounts and mutual fund folios
- Compliance order indicating resolution of enforcement matter
Regulatory Changes
No new regulatory changes introduced. This is an individual compliance order.
Compliance Requirements
No specific compliance requirements for market participants. This is an individual-specific order.
Important Dates
- Order Date: August 29, 2025
- Recovery Certificate: No. 4558 of 2022
Impact Assessment
Limited impact on broader market operations. This is an individual compliance matter with no systemic implications for market participants or trading operations.
Impact Justification
Individual compliance order with limited market impact