Description
SEBI cancels Recovery Certificate No. 8440 of 2024 issued against Sukhraj Kaur Rajbans in the matter of Initial Public Offering at BSE.
Summary
SEBI has issued a cancellation order for Recovery Certificate No. 8440 of 2024 against Sukhraj Kaur Rajbans. This order relates to an enforcement matter concerning Initial Public Offering (IPO) proceedings at the Bombay Stock Exchange (BSE). The cancellation indicates resolution or withdrawal of the recovery proceedings.
Key Points
- Recovery Certificate No. 8440 of 2024 has been cancelled
- Order pertains to Sukhraj Kaur Rajbans
- Related to IPO matter at BSE
- Compliance order issued by SEBI
Regulatory Changes
No new regulatory changes introduced. This is an administrative order cancelling a previously issued recovery certificate.
Compliance Requirements
No ongoing compliance requirements. The cancellation of the recovery certificate indicates the matter has been resolved or the recovery proceedings have been withdrawn.
Important Dates
- Order Date: January 20, 2026
- Original Recovery Certificate: No. 8440 of 2024
Impact Assessment
This is an individual enforcement matter with no broader market implications. The cancellation of a recovery certificate typically indicates that:
- The outstanding amount may have been recovered
- The matter has been settled
- The recovery proceedings are no longer necessary
No impact on market operations, trading, or other market participants.
Impact Justification
Individual recovery certificate cancellation has limited market-wide impact. Affects only specific enforcement case.