Description
SEBI issues amendment to notice of demand in recovery certificate proceedings RC No. 7526 of 2024.
Summary
SEBI has issued an amendment to the Notice of Demand in Recovery Certificate (RC) No. 7526 of 2024. This document modifies the terms or details of the original demand notice issued in recovery proceedings against specific entities.
Key Points
- Amendment pertains to Recovery Certificate No. 7526 of 2024
- Modifies previously issued Notice of Demand
- Part of SEBI’s enforcement and recovery actions
- Document published on December 12, 2025
Regulatory Changes
This is an amendment to an existing enforcement action rather than a new regulatory change. It updates the terms of the demand notice in ongoing recovery proceedings.
Compliance Requirements
The affected entities named in RC No. 7526 of 2024 must comply with the amended notice of demand terms. Specific compliance requirements would be detailed in the full circular document.
Important Dates
- Amendment Date: December 12, 2025
- Original RC No.: 7526 of 2024
Impact Assessment
The impact is limited to the specific entities involved in Recovery Certificate No. 7526 of 2024. This is a procedural amendment to ongoing enforcement proceedings and does not have broader market implications. The amendment likely corrects or updates details in the original demand notice.
Impact Justification
Amendment to recovery proceedings affects specific entities under enforcement action but has limited broader market impact