Description
SEBI issues completion certificate for recovery proceedings under Recovery Certificate No. 7673 of 2024 against Biglife Capital Solutions and its proprietor Prateek Vyas (PAN: AKIPV4554A).
Summary
SEBI has issued a Completion Certificate for Recovery Certificate No. 7673 of 2024 against Biglife Capital Solutions and its proprietor Prateek Vyas (PAN: AKIPV4554A). This document confirms the completion of recovery proceedings initiated against the entity.
Key Points
- Recovery Certificate No. 7673 of 2024 proceedings have been completed
- Entity: Biglife Capital Solutions
- Proprietor: Prateek Vyas (PAN: AKIPV4554A)
- Document type: Completion Certificate indicating closure of recovery proceedings
- Order issued on January 7, 2026
Regulatory Changes
No regulatory changes. This is an enforcement-related completion certificate.
Compliance Requirements
No ongoing compliance requirements as the recovery proceedings have been completed through this certificate.
Important Dates
- Order Date: January 7, 2026
- Recovery Certificate No.: 7673 of 2024
Impact Assessment
Market Impact: Minimal to none. This is a completion certificate for recovery proceedings against a specific entity.
Operational Impact: The completion certificate indicates that recovery proceedings under RC No. 7673 of 2024 have been concluded. This affects only Biglife Capital Solutions and its proprietor, with no broader market implications.
Entity-Specific Impact: The completion certificate formally closes the recovery proceedings for Biglife Capital Solutions and Prateek Vyas.
Impact Justification
Completion certificate indicates recovery proceedings have concluded for a specific entity. Limited market-wide impact as this pertains to enforcement action against a single capital solutions firm.