Description
SEBI releases recovery certificate against Govind Gendalal Somani (HUF) in the matter of Somani Cement Company Ltd following compliance.
Summary
SEBI has issued a release order for Recovery Certificate No. 584 of 2015 against Govind Gendalal Somani (HUF) in the matter of Somani Cement Company Ltd. This order signifies that the entity has complied with the recovery requirements, leading to the release of the recovery certificate.
Key Points
- Recovery Certificate No. 584 of 2015 released
- Entity: Govind Gendalal Somani (HUF)
- Related matter: Somani Cement Company Ltd
- Order indicates successful compliance with recovery proceedings
- Enforcement action concluded
Regulatory Changes
No regulatory changes introduced. This is an administrative order releasing a recovery certificate following compliance.
Compliance Requirements
- The entity has completed compliance with the recovery certificate requirements
- No further action required from the concerned party
- Recovery proceedings concluded
Important Dates
- Order Date: January 22, 2026
- Original Recovery Certificate: No. 584 of 2015
Impact Assessment
Minimal market impact. This is a compliance release order specific to Govind Gendalal Somani (HUF) regarding historical recovery proceedings from 2015. The release indicates successful resolution of enforcement action. No broader regulatory implications for market participants.
Impact Justification
Release order indicating compliance with recovery certificate, concluding enforcement proceedings against specific entity