Description

SEBI issues remittance order in the matter of Recovery Certificate No. 7177 of 2023.

Summary

SEBI has issued a Remittance Order dated December 19, 2025 in the matter of Recovery Certificate No. 7177 of 2023. This order pertains to the remittance of funds recovered as part of enforcement proceedings.

Key Points

  • Order issued on December 19, 2025
  • Related to Recovery Certificate No. 7177 of 2023
  • Part of SEBI’s enforcement and recovery mechanism
  • Specific to individual case proceedings

Regulatory Changes

No regulatory changes. This is a case-specific enforcement order.

Compliance Requirements

This order applies to the specific parties involved in RC No. 7177 of 2023. The concerned parties must comply with the remittance directions specified in the order.

Important Dates

  • Order Date: December 19, 2025

Impact Assessment

This remittance order has limited market-wide impact as it pertains to specific recovery proceedings under RC No. 7177 of 2023. The order is relevant primarily to the parties directly involved in the enforcement case.

Impact Justification

Remittance order for specific recovery proceedings with limited market-wide impact