Description
SEBI order for compliance releasing bank accounts, demat accounts and mutual fund folios of Tango Commosales LLP (PAN: AAJFT4529J) under Recovery Certificate No. 8672 of 2025.
Summary
SEBI has issued an order releasing bank accounts, demat accounts and mutual fund folios of Tango Commosales LLP (PAN: AAJFT4529J) under Recovery Certificate No. 8672 of 2025. This order is part of SEBI’s enforcement and recovery proceedings.
Key Points
- Entity: Tango Commosales LLP
- PAN: AAJFT4529J
- Recovery Certificate Number: RC No. 8672 of 2025
- Order Type: Release of attached assets
- Assets Released: Bank accounts, Demat accounts, and Mutual fund folios
Regulatory Changes
No regulatory changes are introduced by this order.
Compliance Requirements
This is a release order that removes previously imposed restrictions on the entity’s bank accounts, demat accounts and mutual fund folios. No new compliance requirements are imposed.
Important Dates
- Order Date: October 7, 2025
Impact Assessment
This order has limited impact as it pertains only to the specific entity Tango Commosales LLP. The release of accounts suggests resolution or progress in the recovery proceedings against this entity. This does not have broader market implications or affect other market participants.
Impact Justification
This is a specific enforcement action related to releasing previously attached bank accounts, demat accounts and mutual fund folios of a single entity (Tango Commosales LLP) under a recovery proceeding. The impact is limited to the specific entity involved and does not affect market participants broadly.