Description
SEBI completes recovery certificate proceedings against Abhey Ram Dahiya (PAN: ABVPD0924C) in the matter of Polo Hotels Limited, issued on June 12, 2019.
Summary
SEBI has completed recovery certificate proceedings under Recovery Certificate No. 2236 of 2019 dated June 12, 2019 against Abhey Ram Dahiya (PAN: ABVPD0924C) in the matter of Polo Hotels Limited. This order marks the closure of enforcement action related to outstanding dues.
Key Points
- Recovery Certificate No. 2236 of 2019 dated June 12, 2019
- Defaulter: Abhey Ram Dahiya (PAN: ABVPD0924C)
- Matter relates to Polo Hotels Limited
- Completion order signifies conclusion of recovery proceedings
- Enforcement action has been completed
Regulatory Changes
No regulatory changes introduced. This is an administrative order completing existing recovery proceedings.
Compliance Requirements
No new compliance requirements. This order represents the completion of enforcement action against the defaulter.
Important Dates
- Original Recovery Certificate Date: June 12, 2019
- Completion Order Date: January 15, 2026
Impact Assessment
This is an administrative order with minimal market impact. It represents the closure of recovery proceedings against an individual defaulter in relation to Polo Hotels Limited. The completion indicates that enforcement actions related to this recovery certificate have been concluded, either through recovery of dues or other resolution mechanisms.
Impact Justification
Administrative completion of recovery proceedings against individual defaulter; limited market-wide impact