Description
SEBI order for compliance regarding notice of attachment issued for recovery proceedings against Aashish Developer in the matter of SMS Techsoft (India) Limited.
Summary
SEBI has issued a compliance order regarding Notice of Attachment under Recovery Certificate No. 3231 of 2021 against Aashish Developer in connection with the matter of SMS Techsoft (India) Limited. This notice pertains to enforcement and recovery proceedings initiated by the securities regulator.
Key Points
- Recovery Certificate No. 3231 of 2021 issued
- Notice of attachment issued against Aashish Developer
- Related to SMS Techsoft (India) Limited matter
- Part of SEBI’s enforcement and recovery proceedings
- Document issued on January 6, 2026
Regulatory Changes
No new regulatory changes introduced. This is an enforcement action under existing recovery proceedings framework.
Compliance Requirements
- Aashish Developer must comply with the attachment notice
- Assets may be attached as part of recovery proceedings
- Non-compliance may lead to further enforcement actions
- All concerned parties must adhere to the directives in the recovery certificate
Important Dates
- Document Issue Date: January 6, 2026
- Recovery Certificate No.: 3231 of 2021
Impact Assessment
This notice indicates serious enforcement action by SEBI involving asset attachment for recovery purposes. The attachment proceedings against Aashish Developer in relation to SMS Techsoft (India) Limited suggests material violations or dues that SEBI is seeking to recover. Such actions typically have significant financial and reputational impact on the entities involved and may affect stakeholders associated with SMS Techsoft (India) Limited.
Impact Justification
Recovery certificate enforcement action involving attachment proceedings indicates serious compliance violations and enforcement measures being taken by SEBI