Description
Release order issued by SEBI for Recovery Certificate No. 2317 of 2019 against Sanjay Jethalal Soni (PAN: BVSPD9741N) in the matter of Ushdev International Limited.
Summary
SEBI has issued a release order for Recovery Certificate No. 2317 of 2019 drawn against Sanjay Jethalal Soni (PAN: BVSPD9741N) in the matter of Ushdev International Limited. This order indicates that the recovery proceedings under the said certificate have been completed and the certificate is being released.
Key Points
- Recovery Certificate No. 2317 of 2019 has been released
- Noticee: Sanjay Jethalal Soni (PAN: BVSPD9741N)
- Matter relates to Ushdev International Limited
- Order represents compliance completion or settlement of dues
Regulatory Changes
No regulatory changes announced. This is an enforcement/compliance completion order.
Compliance Requirements
This is a release order indicating that compliance requirements under the recovery certificate have been fulfilled. No new compliance obligations are created by this order.
Important Dates
- Order Date: January 30, 2026
- Original Recovery Certificate: 2019 (RC No. 2317)
Impact Assessment
This release order has limited market-wide impact as it pertains to a specific recovery proceeding against an individual in connection with Ushdev International Limited. The release indicates that the recovery proceedings have been concluded, either through payment of dues or other compliance measures. The impact is confined to the noticee and does not affect broader market operations or regulatory framework.
Impact Justification
Release order indicating compliance completion for a specific recovery certificate against an individual entity; limited market-wide impact