Description

SEBI announces completion of Recovery Certificate No. 7320 of 2023 dated November 03, 2023 issued against Jatin Ahuja (PAN: AGDPA4644F) in the matter of trading in illiquid stock options on BSE.

Summary

SEBI has announced the completion of Recovery Certificate No. 7320 of 2023 dated November 03, 2023, which was issued against Jatin Ahuja (Defaulter, PAN: AGDPA4644F). The recovery certificate was issued in connection with trading in illiquid stock options on the Bombay Stock Exchange (BSE). This notice confirms that the recovery process has been successfully completed.

Key Points

  • Recovery Certificate No. 7320 of 2023 has been completed
  • Original certificate was dated November 03, 2023
  • Defaulter: Jatin Ahuja (PAN: AGDPA4644F)
  • Matter relates to trading in illiquid stock options on BSE
  • Recovery proceedings have been concluded

Regulatory Changes

No regulatory changes introduced. This is a completion notice for an existing enforcement action.

Compliance Requirements

No new compliance requirements. This notice is informational, confirming the conclusion of recovery proceedings against the named defaulter.

Important Dates

  • November 03, 2023: Original Recovery Certificate issued
  • January 08, 2026: Completion of recovery proceedings announced

Impact Assessment

This is an administrative notice with minimal market impact. It confirms the successful completion of debt recovery proceedings against a specific individual involved in illiquid stock options trading violations on BSE. The completion indicates SEBI’s enforcement actions have been fulfilled. No broader regulatory changes or market-wide implications are expected from this notice.

Impact Justification

Administrative notice confirming completion of recovery proceedings against a specific defaulter; no broader market impact or new regulatory requirements