Description
SEBI issues remittance order for recovery of dues in recovery certificate number 7167 of 2023.
Summary
SEBI has issued a Remittance Order dated December 19, 2025, in Recovery Certificate (RC) No. 7167 of 2023. This order pertains to the recovery of outstanding dues from entities/individuals as determined in enforcement proceedings. The remittance order authorizes recovery officers to take necessary steps for collection of amounts due.
Key Points
- Recovery Certificate Number: RC No. 7167 of 2023
- Order Date: December 19, 2025
- Type: Remittance Order for recovery of dues
- Issued under SEBI’s recovery and enforcement powers
- Pertains to outstanding penalties/disgorgement amounts from previous enforcement actions
Regulatory Changes
No new regulatory changes. This is an enforcement action under existing SEBI recovery framework.
Compliance Requirements
- Entities/individuals named in the recovery certificate must comply with payment demands
- Recovery officers are authorized to take necessary steps including attachment of assets if required
- Non-compliance may lead to further enforcement actions including arrest warrants in civil matters
Important Dates
- Order Date: December 19, 2025
- Recovery Certificate: RC No. 7167 of 2023
Impact Assessment
Market Impact: Low - Limited to specific entities under recovery proceedings
Regulatory Impact: Medium - Demonstrates SEBI’s continued enforcement of recovery mechanisms for unpaid penalties and disgorgement amounts. Reinforces the regulatory framework for collection of dues from violators of securities laws.
Operational Impact: High for named entities - Those subject to this recovery order must make arrangements for payment or face potential asset attachment and other recovery measures by SEBI’s recovery officers.
Impact Justification
Remittance order for recovery of dues from entities; impacts specific parties under recovery proceedings but not broader market operations