Description
SEBI issued a completion order for Recovery Certificate No. 7922 of 2024 against Sanjay Jethalal Soni (HUF) in the matter of Timbor Home Limited, marking the conclusion of recovery proceedings.
Summary
SEBI has issued a Completion Order for Recovery Certificate No. 7922 of 2024 against Sanjay Jethalal Soni (Hindu Undivided Family) in connection with the matter of Timbor Home Limited. This order marks the formal conclusion of recovery proceedings initiated by SEBI.
Key Points
- Recovery Certificate No. 7922 of 2024 has been completed
- Entity involved: Sanjay Jethalal Soni (HUF)
- Related company: Timbor Home Limited
- Order issued on December 12, 2025
- This is a completion order signifying the closure of recovery proceedings
Regulatory Changes
No regulatory changes are introduced by this order. This is an enforcement action completion notice.
Compliance Requirements
This completion order indicates that the recovery proceedings have been concluded. No new compliance requirements are imposed through this order.
Important Dates
- Order Date: December 12, 2025
- Recovery Certificate Number: 7922 of 2024
Impact Assessment
The impact of this order is limited to the specific entity (Sanjay Jethalal Soni HUF) and relates to the conclusion of recovery proceedings. There is minimal market-wide impact as this represents the administrative closure of an individual enforcement case related to Timbor Home Limited. Completion orders typically indicate that SEBI’s recovery process has been finalized, either through full recovery or other resolution mechanisms.
Impact Justification
Completion order marking the conclusion of recovery proceedings against a specific HUF entity. Limited market-wide impact as it relates to closure of an individual enforcement case.