Description
SEBI announces the completion of recovery proceedings under Recovery Certificate No. 284 of 2014 against Mahesh Mistry in the Kolar Biotech Limited matter.
Summary
SEBI has announced the completion of Recovery Certificate No. 284 of 2014 that was issued against Mahesh Mistry in connection with the Kolar Biotech Limited matter. This notice marks the conclusion of recovery proceedings that were initiated over a decade ago.
Key Points
- Recovery Certificate No. 284 of 2014 has been completed
- Proceedings were against Mahesh Mistry
- Related to Kolar Biotech Limited matter
- Represents closure of enforcement action from 2014
Regulatory Changes
No new regulatory changes. This is a completion notice for existing recovery proceedings.
Compliance Requirements
No ongoing compliance requirements as the recovery certificate has been completed.
Important Dates
- Original Recovery Certificate: 2014
- Completion Notice: December 17, 2025
Impact Assessment
The completion of this recovery certificate has minimal market impact as it relates to enforcement proceedings from 2014. This notice provides closure to a historical matter involving Kolar Biotech Limited and serves as a record of completed recovery action against the individual named in the certificate.
Impact Justification
This is a completion notice for recovery proceedings initiated in 2014, indicating resolution of a long-standing enforcement matter. Impact is limited to the specific individual and entity involved.