Description
SEBI issues attachment notices 15058 & 15059 of 2025 against Money Mishra Financial Services (PAN: AAZFM1357R) under Recovery Certificate No. 8596 of 2025 for transfer of mutual fund units.
Summary
SEBI has issued Notice of Attachment of Bank Accounts and Demat Accounts numbered 15058 and 15059 of 2025, dated December 15, 2025, against Money Mishra Financial Services [Defaulter] (PAN: AAZFM1357R). This action is taken under Recovery Certificate No. 8596 of 2025 in the matter of transfer of mutual fund units by Money Mishra Financial Services and others.
Key Points
- Defaulter Entity: Money Mishra Financial Services (PAN: AAZFM1357R)
- Notice Numbers: 15058 & 15059 of 2025
- Notice Date: December 15, 2025
- Recovery Certificate: No. 8596 of 2025
- Matter: Transfer of mutual fund units by Money Mishra Financial Services and others
- Action: Attachment of bank accounts and demat accounts
Regulatory Changes
No regulatory framework changes. This is an enforcement action under existing SEBI recovery mechanisms.
Compliance Requirements
- Banks and depositories must comply with the attachment notices
- Affected accounts of Money Mishra Financial Services to be frozen as per the notice
- Entities must cooperate with SEBI’s recovery proceedings
Important Dates
- Notice Date: December 15, 2025
- Recovery Certificate: No. 8596 of 2025
Impact Assessment
Defaulter Impact: High - Money Mishra Financial Services faces attachment of bank and demat accounts, restricting access to funds and securities.
Market Impact: Low - This is an entity-specific enforcement action with no broader market implications.
Investor Impact: Limited - Relevant primarily to clients and counterparties of Money Mishra Financial Services.
This attachment notice is part of SEBI’s ongoing enforcement and recovery actions to ensure compliance and recover dues from defaulting entities in securities market violations.
Impact Justification
Enforcement action against specific defaulter entity. High severity for the defaulter but limited market-wide impact. Relevant for recovery proceedings and regulatory compliance tracking.