Description

SEBI announces completion of recovery proceedings under Certificate No. 7153 of 2023 issued against defaulter Anuj Garg (PAN: AHEPG5644F) in the matter of CPR Capital Services Ltd.

Summary

SEBI has completed recovery proceedings under Recovery Certificate No. 7153 of 2023, dated September 14, 2023, issued against Anuj Garg (PAN: AHEPG5644F) in the matter of CPR Capital Services Ltd. This notice confirms the conclusion of the debt recovery process initiated by the securities regulator.

Key Points

  • Recovery Certificate No. 7153 of 2023 issued on September 14, 2023
  • Defaulter: Anuj Garg (PAN: AHEPG5644F)
  • Related entity: CPR Capital Services Ltd.
  • Recovery proceedings now completed
  • Enforcement action concluded

Regulatory Changes

No new regulatory changes introduced. This is a completion notice for an existing recovery proceeding.

Compliance Requirements

No ongoing compliance requirements. The recovery certificate proceedings have been completed.

Important Dates

  • Original Certificate Date: September 14, 2023
  • Completion Notice Date: December 19, 2025

Impact Assessment

Market Impact: Minimal. This is a specific enforcement action completion notice relating to an individual defaulter and does not affect broader market operations.

Operational Impact: Limited to the parties involved in the recovery proceedings. The completion of the recovery certificate indicates successful conclusion of SEBI’s debt recovery efforts against the defaulter.

Investor Impact: No direct impact on investors. This is an administrative notice confirming the closure of recovery proceedings.

Impact Justification

Recovery certificate completion notice affecting specific defaulter; limited market-wide impact; procedural enforcement action