Description
SEBI issues completion order for Recovery Certificate No. 3772 of 2021 against Rainbow Housing Development & Finance Co. Ltd. in the matter of non-obtaining of SCORES authentication.
Summary
SEBI has issued a completion order for Recovery Certificate No. 3772 of 2021 against Rainbow Housing Development & Finance Co. Ltd. This order relates to the matter of non-obtaining of SCORES (SEBI Complaints Redress System) authentication. The completion order indicates that the recovery proceedings under this certificate have been concluded.
Key Points
- Recovery Certificate No. 3772 of 2021 has been completed
- Entity involved: Rainbow Housing Development & Finance Co. Ltd.
- Matter relates to non-obtaining of SCORES authentication
- Order issued on January 30, 2026
- This is a completion order, indicating closure of recovery proceedings
Regulatory Changes
No new regulatory changes are introduced in this order. This is an enforcement action completion notification.
Compliance Requirements
This completion order indicates that the recovery proceedings have concluded. Rainbow Housing Development & Finance Co. Ltd. was required to comply with SCORES authentication requirements. The completion order suggests the matter has been resolved through the recovery process.
Important Dates
- Order Date: January 30, 2026
- Recovery Certificate: No. 3772 of 2021
Impact Assessment
The impact of this order is limited to Rainbow Housing Development & Finance Co. Ltd. This is a company-specific enforcement completion order with no broader market implications. SCORES authentication is a mandatory compliance requirement for market intermediaries and listed companies to enable online investor complaint resolution. The completion of this recovery certificate indicates the conclusion of enforcement proceedings against the specific entity for non-compliance with this requirement.
Impact Justification
This is a completion order for a specific recovery certificate against one entity regarding SCORES authentication non-compliance. It has limited market-wide impact and affects only the named entity.