Description
SEBI completes recovery proceedings against Arjun Sharma/M/s Commodity Raja for unregistered investment advisory activities under Recovery Certificate No. 8772 of 2025.
Summary
SEBI has completed recovery proceedings against Arjun Sharma (PAN: FTLPS7201E), Proprietor of M/s Commodity Raja, initiated under Recovery Certificate No. 8772 of 2025. The proceedings were related to unregistered investment advisory activities conducted by Arjun Sharma/M/s Commodity Raja.
Key Points
- Recovery proceedings against Arjun Sharma (Proprietor of M/s Commodity Raja) have been completed
- PAN of defaulter: FTLPS7201E
- Recovery Certificate No. 8772 of 2025
- Case relates to unregistered investment advisory activities
- Entity classified as defaulter by SEBI
Regulatory Changes
No regulatory changes. This is a completion notice for enforcement proceedings.
Compliance Requirements
This notice serves as public information regarding the completion of recovery proceedings. No new compliance requirements for market participants.
Important Dates
- Recovery proceedings completion: As per Recovery Certificate No. 8772 of 2025
Impact Assessment
Limited impact on overall market operations. This is an enforcement action against a specific individual/entity for operating unregistered investment advisory services. Serves as a reminder to market participants about the requirement for proper registration before conducting investment advisory activities.
Impact Justification
Recovery completion notice for specific defaulter; limited market-wide impact