Description
SEBI General Remittance Order for recovery certificate proceedings against Shivakumar Gattai Kamballa (PAN: CUJPK5764Q) in the matter of Generic Engineering Construction and Projects Limited.
Summary
SEBI has issued a General Remittance Order dated December 2, 2025, under Recovery Certificate No. 8920 of 2025 against Shivakumar Gattai Kamballa (PAN: CUJPK5764Q) in connection with the matter of Generic Engineering Construction and Projects Limited. This order is part of SEBI’s recovery proceedings for outstanding dues.
Key Points
- Recovery Certificate Number: 8920 of 2025
- Target Individual: Shivakumar Gattai Kamballa
- PAN: CUJPK5764Q
- Related Entity: Generic Engineering Construction and Projects Limited
- Order Type: General Remittance Order
- Order Date: December 2, 2025
Regulatory Changes
No regulatory framework changes. This is an individual enforcement action under existing recovery provisions.
Compliance Requirements
- The individual named in the recovery certificate must comply with the remittance order
- Financial institutions and relevant parties should note the recovery proceedings
- Any entities holding assets or funds related to the individual should cooperate with recovery process
Important Dates
- Order Date: December 2, 2025
- Recovery Certificate Issue Date: 2025
Impact Assessment
This order has minimal market-wide impact as it targets a specific individual in connection with a particular company matter. The impact is primarily limited to the named individual and potentially Generic Engineering Construction and Projects Limited. This represents SEBI’s continued enforcement efforts in recovering dues from non-compliant entities and individuals.
Impact Justification
Individual recovery order with specific enforcement action against one person; limited market-wide impact but important for compliance tracking