Description
SEBI issues amendment to the Notice of Demand under Recovery Certificate No. 7822 of 2024, modifying recovery proceedings details.
Summary
SEBI has issued an amendment to the Notice of Demand under Recovery Certificate No. 7822 of 2024. This amendment modifies certain details in the original notice of demand issued for recovery of dues from entities or individuals subject to SEBI enforcement proceedings.
Key Points
- Recovery Certificate Number: RC No. 7822 of 2024
- Document Type: Amendment to Notice of Demand
- Issued by: Securities and Exchange Board of India (SEBI)
- Date of issuance: December 12, 2025
- Purpose: Correction or modification of details in the original Notice of Demand
Regulatory Changes
This amendment modifies the terms, amounts, or other particulars specified in the original Notice of Demand issued under RC No. 7822 of 2024. The amendment ensures accurate recovery proceedings in accordance with SEBI’s enforcement actions.
Compliance Requirements
- Affected parties must take note of the amended details in the Notice of Demand
- Payment obligations or recovery proceedings should be carried out as per the amended notice
- Parties subject to the recovery certificate must comply with the modified terms and conditions
Important Dates
- Amendment Date: December 12, 2025
- Original Recovery Certificate: RC No. 7822 of 2024
Impact Assessment
This amendment directly impacts the parties named in RC No. 7822 of 2024, potentially modifying their financial obligations, payment timelines, or other recovery-related terms. Entities subject to this recovery certificate should review the amended notice carefully to ensure compliance with updated requirements.
Impact Justification
Amendment to recovery proceedings under Recovery Certificate affects enforcement actions and financial obligations of entities/individuals involved in SEBI proceedings