Description
SEBI issues notices of attachment (15137 & 15138 of 2026) for bank accounts and demat accounts of Mr. Mahesh Kumar Sharma for recovery under RC No. 8969 of 2025 relating to CIG Realty Fund Schemes.
Summary
SEBI has issued Notice of Attachment (Nos. 15137 & 15138 of 2026 dated January 02, 2026) against Mr. Mahesh Kumar Sharma (PAN: AYYPS1602E) under Recovery Certificate No. 8969 of 2025. The attachment relates to the matter of inspection of CIG Realty Fund Scheme I, II and IV. This is an enforcement action for recovery of dues from the defaulter.
Key Points
- Defaulter Name: Mr. Mahesh Kumar Sharma
- PAN: AYYPS1602E
- Notice Numbers: 15137 & 15138 of 2026
- Recovery Certificate No.: 8969 of 2025
- Matter: Inspection of CIG Realty Fund Scheme I, II and IV
- Date of Notice: January 02, 2026
- Action: Attachment of bank accounts and demat accounts
Regulatory Changes
No regulatory changes. This is an enforcement action under existing SEBI recovery procedures.
Compliance Requirements
Banks and depository participants are required to comply with the attachment notices and freeze the specified accounts of the defaulter until further orders from SEBI.
Important Dates
- Notice Date: January 02, 2026
Impact Assessment
This is a targeted enforcement action against a specific individual defaulter in relation to CIG Realty Fund schemes. The impact is limited to the defaulter and does not affect general market participants or operations. The attachment of accounts is a standard recovery mechanism used by SEBI to recover dues in enforcement matters.
Impact Justification
Enforcement action against specific individual defaulter. Limited market-wide impact but significant for the named person and related schemes.