Description

SEBI issues remittance order dated December 19, 2025, in recovery certificate proceedings RC No. 5797 of 2022 for recovery of dues from defaulting entities.

Summary

SEBI has issued a Remittance Order dated December 19, 2025, in Recovery Certificate No. 5797 of 2022. This order pertains to the recovery of dues from entities that have defaulted on payment of penalties, disgorgement amounts, or other regulatory dues imposed by SEBI. The remittance order directs the recovery officer to proceed with the collection of outstanding amounts from the defaulting parties through appropriate legal and administrative mechanisms.

Key Points

  • Recovery Certificate No. 5797 of 2022 proceedings
  • Remittance order issued on December 19, 2025
  • Relates to recovery of regulatory dues from defaulting entities
  • SEBI enforcement action to collect outstanding penalties or disgorgement amounts
  • Recovery officer authorized to take necessary action for collection

Regulatory Changes

No new regulatory changes are introduced. This is an administrative enforcement action under existing SEBI recovery framework.

Compliance Requirements

  • Entities named in the recovery certificate must settle outstanding dues immediately
  • Failure to comply may result in attachment of assets, bank accounts, or other coercive recovery measures
  • Defaulting parties should contact SEBI’s recovery division to arrange payment or settlement

Important Dates

  • Order Date: December 19, 2025
  • Recovery Certificate: RC No. 5797 of 2022
  • Payment deadlines and recovery timelines as specified in the order

Impact Assessment

Market Impact: Minimal - This is a specific enforcement action targeting individual defaulting entities rather than a market-wide regulatory change.

Entity Impact: High for parties named in the recovery certificate - they face potential asset attachment, bank account freezing, and other coercive recovery measures until dues are settled.

Regulatory Significance: Demonstrates SEBI’s continued focus on enforcement and recovery of penalties, reinforcing deterrence against regulatory violations.

Impact Justification

Administrative recovery order affecting specific entities involved in recovery proceedings; limited broader market impact