Description
SEBI issues completion order for Recovery Certificate No. 584 of 2015 in the matter of Govind Gendalal Somani (HUF) related to Somani Cement Company Ltd.
Summary
SEBI has issued a Completion Order for Recovery Certificate No. 584 of 2015 against Govind Gendalal Somani (Hindu Undivided Family) in the matter of Somani Cement Company Ltd. This order marks the conclusion of recovery proceedings initiated in 2015.
Key Points
- Recovery Certificate No. 584 of 2015
- Noticee: Govind Gendalal Somani (HUF)
- Matter relates to Somani Cement Company Ltd.
- This is a Completion Order indicating closure of recovery proceedings
- Order issued on January 22, 2026
Regulatory Changes
No regulatory changes. This is a case-specific enforcement completion order.
Compliance Requirements
This completion order signifies that the recovery proceedings under Certificate No. 584 of 2015 have been concluded. No further compliance actions are required from the noticee in this matter.
Important Dates
- Original Recovery Certificate: 2015 (Certificate No. 584)
- Completion Order Date: January 22, 2026
Impact Assessment
The impact is limited to the specific noticee (Govind Gendalal Somani HUF) and does not have broader market implications. This completion order represents the finalization of enforcement actions initiated in 2015, indicating either full recovery of dues or other resolution of the matter. No impact on trading, market operations, or other market participants.
Impact Justification
Completion order indicates closure of recovery proceedings against a specific entity (HUF). Limited market-wide impact as it pertains to individual case resolution.