Description
SEBI releases recovery certificate against Kuber Udyog Limited for dues in the matter involving Generic Engineering Construction and Projects Limited.
Summary
SEBI has issued a Release Order dated 29.10.2025 under Recovery Certificate No. 8921 of 2025 drawn against Kuber Udyog Limited in connection with the matter of Generic Engineering Construction and Projects Limited. This order pertains to the recovery of dues owed to SEBI.
Key Points
- Recovery Certificate No. 8921 of 2025 issued against Kuber Udyog Limited
- Release order dated 29 October 2025
- Matter relates to Generic Engineering Construction and Projects Limited
- Enforcement action by SEBI for debt recovery
Regulatory Changes
No regulatory changes introduced. This is an enforcement action under existing recovery procedures.
Compliance Requirements
Kuber Udyog Limited must comply with the terms of the recovery certificate and fulfill outstanding payment obligations as specified in the order.
Important Dates
- Release Order Date: 29 October 2025
- Recovery Certificate No.: 8921 of 2025
Impact Assessment
This release order represents enforcement action against a specific entity for non-compliance or outstanding dues. The impact is primarily limited to Kuber Udyog Limited and parties related to Generic Engineering Construction and Projects Limited matter. It demonstrates SEBI’s continued enforcement activities in recovering dues from defaulters.
Impact Justification
Recovery certificate issuance indicates enforcement action against defaulter for outstanding dues; impact limited to specific entities involved