Description
SEBI announces completion of recovery proceedings under Recovery Certificate No. 8967 of 2025 dated December 12, 2025 against Mr. Vijay Tulshyan (PAN: ACFPT5009H) in the matter of inspection of CIG Realty Fund Scheme I, II and IV.
Summary
SEBI has completed recovery proceedings under Recovery Certificate No. 8967 of 2025 dated December 12, 2025 against Mr. Vijay Tulshyan (PAN: ACFPT5009H). This action relates to the inspection of CIG Realty Fund Scheme I, II and IV, and marks the conclusion of recovery efforts in this matter.
Key Points
- Recovery Certificate No. 8967 of 2025 has been completed
- Certificate dated December 12, 2025
- Defaulter: Mr. Vijay Tulshyan (PAN: ACFPT5009H)
- Related to inspection of CIG Realty Fund Scheme I, II and IV
- Represents concluded enforcement proceedings
Regulatory Changes
No new regulatory changes introduced. This is a completion notice for existing recovery proceedings.
Compliance Requirements
No new compliance requirements. This notice confirms the completion of recovery actions against the specified individual.
Important Dates
- December 12, 2025: Date of Recovery Certificate No. 8967 of 2025
- December 30, 2025: Completion notice published
Impact Assessment
This completion notice has minimal market impact as it relates to concluded recovery proceedings against a specific individual in connection with CIG Realty Fund schemes. The completion of the recovery certificate indicates that SEBI has successfully concluded its enforcement actions in this matter. No direct impact on listed securities or broader market operations.
Impact Justification
Recovery certificate completion notice indicating concluded enforcement action against specific individual. Limited market-wide impact as this relates to completed recovery proceedings in an AIF inspection matter.