Description
SEBI has issued an amendment to the Notice of Demand in Recovery Certificate No. 7821 of 2024.
Summary
SEBI has issued an amendment to the Notice of Demand in Recovery Certificate (RC) No. 7821 of 2024. This amendment modifies the terms, amounts, or other details originally specified in the demand notice issued under SEBI’s recovery proceedings.
Key Points
- Amendment relates to Recovery Certificate No. 7821 of 2024
- Issued by SEBI under its enforcement and recovery powers
- Modifies previously issued Notice of Demand
- Document published in December 2025
Regulatory Changes
This is an amendment to an existing recovery proceeding rather than a new regulatory change. It updates the particulars of the demand notice issued under RC No. 7821 of 2024.
Compliance Requirements
- Entities named in RC No. 7821 of 2024 must take note of the amended terms
- Compliance with the amended demand notice is required as per SEBI regulations
- Non-compliance may result in further enforcement action including attachment of assets
Important Dates
- Amendment Date: December 12, 2025
- Original RC No.: 7821 of 2024
Impact Assessment
This amendment has high impact on the specific entities named in the recovery certificate. It may alter payment obligations, deadlines, or other material terms of the original demand. Entities subject to this recovery proceeding should review the amendment carefully and ensure compliance with revised requirements to avoid escalation of enforcement measures.
Impact Justification
Amendment to recovery proceedings affects entities subject to the original demand notice with potential financial implications