Description
SEBI issues General Remittance Order under RC No. 7760 of 2024 against M/s Loftier Investment Advisor and Research Pvt. Ltd, Amit Tripathi, Bhuvaneshwar Tiwari, and Pramil Nigam.
Summary
SEBI has issued a General Remittance Order dated November 20, 2025 under Recovery Certificate No. 7760 of 2024 against M/s Loftier Investment Advisor and Research Pvt. Ltd and three individuals - Amit Tripathi, Bhuvaneshwar Tiwari, and Pramil Nigam. This order is part of SEBI’s enforcement proceedings to recover dues from the defaulting entities.
Key Points
- Recovery Certificate No. 7760 of 2024 has been issued
- Order dated November 20, 2025
- Entities covered: M/s Loftier Investment Advisor and Research Pvt. Ltd, Amit Tripathi, Bhuvaneshwar Tiwari, Pramil Nigam
- General Remittance Order issued for recovery proceedings
Regulatory Changes
No regulatory framework changes. This is an enforcement action under existing recovery provisions.
Compliance Requirements
The named entities and individuals are required to comply with the recovery order and remit the amounts as specified by SEBI under the recovery certificate proceedings.
Important Dates
- Order Date: November 20, 2025
- Recovery Certificate: RC No. 7760 of 2024
Impact Assessment
This enforcement action impacts M/s Loftier Investment Advisor and Research Pvt. Ltd and the named individuals. The General Remittance Order signifies ongoing recovery proceedings by SEBI, which may include attachment of assets, bank account restrictions, or other coercive measures to recover outstanding dues. This serves as a deterrent for non-compliance with SEBI orders and highlights the regulator’s commitment to enforcement.
Impact Justification
High severity enforcement action involving recovery certificate against an investment advisor and associated individuals, indicating serious regulatory violations