Description

SEBI issues remittance order in recovery certificate proceedings against Emed.com Technologies Limited for enforcement of monetary dues.

Summary

SEBI has issued a Remittance Order in Recovery Certificate No. 8849 of 2025 drawn against Emed.com Technologies Limited (PAN: AAACC8289N). This order is part of SEBI’s enforcement proceedings to recover outstanding monetary dues from the entity through the recovery certificate mechanism under applicable regulations.

Key Points

  • Recovery Certificate No. 8849 of 2025 has been issued against Emed.com Technologies Limited
  • The entity’s PAN is AAACC8289N
  • This is a remittance order as part of recovery proceedings
  • The order represents SEBI’s enforcement action to recover outstanding amounts
  • The recovery certificate mechanism is used when entities fail to comply with payment obligations

Regulatory Changes

No new regulatory changes introduced. This is an enforcement action under existing SEBI recovery regulations.

Compliance Requirements

  • Emed.com Technologies Limited must comply with the remittance order
  • The entity is required to pay the outstanding amounts as per the recovery certificate
  • Failure to comply may result in further enforcement actions including attachment of assets and bank accounts
  • The recovery process follows the legal framework for debt recovery

Important Dates

  • Recovery Certificate issued: 2025 (RC No. 8849 of 2025)
  • Order date: October 9, 2025 (based on URL pattern)

Impact Assessment

Direct Impact:

  • Emed.com Technologies Limited faces mandatory recovery proceedings
  • The company’s assets and bank accounts may be subject to attachment for recovery
  • This indicates serious compliance violations or unpaid dues to SEBI

Market Impact:

  • High severity enforcement action against the entity
  • Reflects regulatory non-compliance requiring legal recovery mechanisms
  • May affect the entity’s ability to operate in securities markets

Compliance Implications:

  • Recovery certificate proceedings are serious enforcement measures
  • Entities must ensure timely payment of all regulatory dues and penalties
  • Non-compliance can lead to recovery through attachment of assets and legal proceedings

Impact Justification

SEBI enforcement action involving recovery certificate proceedings indicates serious compliance violations requiring mandatory recovery of dues through legal mechanisms.