Description
SEBI issues completion order confirming compliance with Recovery Certificate No. 5551 of 2022 against Mr. Karan Kirtibhai Jadhav related to SMS Techsoft (India) Limited.
Summary
SEBI has issued a Completion Order for Recovery Certificate No. 5551 of 2022 against Mr. Karan Kirtibhai Jadhav in connection with SMS Techsoft (India) Limited. This order confirms that the recovery proceedings have been completed and compliance has been achieved.
Key Points
- Recovery Certificate No. 5551 of 2022 has been completed
- Noticee: Mr. Karan Kirtibhai Jadhav
- Related entity: SMS Techsoft (India) Limited
- Order type: Completion Order indicating compliance achieved
- Order date: November 6, 2025
Regulatory Changes
No regulatory changes introduced. This is an administrative order confirming completion of recovery proceedings.
Compliance Requirements
The completion order indicates that the required compliance has been achieved and no further action is pending under this recovery certificate.
Important Dates
- Order Date: November 6, 2025
- Recovery Certificate No.: 5551 of 2022
Impact Assessment
This completion order has minimal market impact as it represents the conclusion of recovery proceedings against an individual related to SMS Techsoft (India) Limited. The order signifies that enforcement actions under this specific recovery certificate have been completed, with no ongoing compliance obligations.
Impact Justification
Completion order indicating recovery proceedings have been concluded against an individual in relation to SMS Techsoft (India) Limited, signaling closure of enforcement action with limited market-wide impact.