Description

SEBI remittance advice regarding recovery proceedings against defaulter Sham Sunder Dhawan (PAN: ACJPD4295P) in the matter of Fedders Electric and Engineering Limited under Recovery Certificate No. 8821 of 2025.

Summary

SEBI has issued a remittance advice regarding recovery proceedings against Sham Sunder Dhawan (PAN: ACJPD4295P) under Recovery Certificate No. 8821 of 2025. This document pertains to the matter of Fedders Electric and Engineering Limited and represents SEBI’s ongoing enforcement and recovery actions against defaulters.

Key Points

  • Defaulter: Sham Sunder Dhawan
  • PAN: ACJPD4295P
  • Recovery Certificate Number: 8821 of 2025
  • Related Company: Fedders Electric and Engineering Limited
  • Document Type: Remittance Advice
  • Issuing Authority: Securities and Exchange Board of India (SEBI)

Regulatory Changes

No new regulatory changes introduced. This is an enforcement action document.

Compliance Requirements

This remittance advice is specific to the recovery proceedings against Sham Sunder Dhawan. Market participants are not required to take any action unless directly involved in this matter.

Important Dates

  • Document Date: December 10, 2025
  • Recovery Certificate: No. 8821 of 2025

Impact Assessment

The impact of this remittance advice is limited to the specific parties involved in the recovery proceedings. This is part of SEBI’s routine enforcement and recovery mechanisms for ensuring compliance and recovering dues from defaulters. Market participants not involved in this specific matter are not affected.

Impact Justification

This is a specific recovery proceeding against an individual defaulter related to Fedders Electric and Engineering Limited. It has limited market-wide impact and primarily concerns enforcement actions against a specific party.