Description

SEBI issues completion order for Recovery Certificate No. 5555 of 2022 against Mrs. Alkaben Kirtibhai Shah in relation to SMS Techsoft (India) Ltd., indicating successful recovery of dues.

Summary

SEBI has issued a Completion Order for Recovery Certificate No. 5555 of 2022 against Mrs. Alkaben Kirtibhai Shah in the matter of SMS Techsoft (India) Ltd. A completion order typically signifies that the recovery proceedings have been successfully concluded and the outstanding dues have been recovered.

Key Points

  • Recovery Certificate No. 5555 of 2022 has been marked as completed
  • Order issued against Mrs. Alkaben Kirtibhai Shah
  • Related to SMS Techsoft (India) Ltd.
  • Completion order indicates successful recovery of dues

Regulatory Changes

No regulatory changes introduced. This is an enforcement action completion.

Compliance Requirements

No ongoing compliance requirements as the recovery proceedings have been completed.

Important Dates

  • Order Date: November 28, 2025
  • Recovery Certificate: No. 5555 of 2022

Impact Assessment

This completion order has minimal market impact as it represents the closure of recovery proceedings against an individual in relation to a specific company. The completion status indicates that SEBI’s recovery efforts have been successful and the matter is now resolved.

Impact Justification

Completion order indicates closure of recovery proceedings against an individual, with limited market-wide impact