Description
SEBI issues completion order for Recovery Certificate No. 7923 of 2024 against Sanjay Soni in relation to Timbor Home Limited, marking the completion of recovery proceedings.
Summary
SEBI has issued a completion order for Recovery Certificate No. 7923 of 2024 against Sanjay Soni in the matter of Timbor Home Limited. This order marks the conclusion of recovery proceedings initiated under SEBI’s enforcement powers.
Key Points
- Recovery Certificate No. 7923 of 2024 proceedings completed
- Order pertains to Sanjay Soni
- Related to Timbor Home Limited matter
- Completion order signifies closure of recovery process
Regulatory Changes
No new regulatory changes introduced. This is an enforcement action completion order.
Compliance Requirements
No new compliance requirements. This order documents the completion of existing recovery proceedings.
Important Dates
- Order Date: December 12, 2025
Impact Assessment
Limited market impact. This completion order affects only the specific individual named in the recovery proceedings. It indicates that SEBI has completed its recovery process for the amounts due under Recovery Certificate No. 7923 of 2024. No broader market or regulatory implications.
Impact Justification
Completion order indicates the closure of recovery proceedings against an individual. Limited market-wide impact as it pertains to specific enforcement action completion.