Description
SEBI issues release 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 Release Order for Recovery Certificate No. 3772 of 2021 against Rainbow Housing Development & Finance Co. Ltd. in the matter of non-obtaining of SCORES (SEBI Complaints Redress System) authentication. This order indicates that the recovery proceedings under the said certificate have been concluded or the outstanding amount has been satisfied.
Key Points
- Recovery Certificate No. 3772 of 2021 issued against Rainbow Housing Development & Finance Co. Ltd.
- Matter relates to non-obtaining of SCORES authentication
- Release order issued on January 30, 2026
- Indicates completion or satisfaction of recovery proceedings
Regulatory Changes
No new regulatory changes are introduced by this order.
Compliance Requirements
- The release order concludes the recovery proceedings against Rainbow Housing Development & Finance Co. Ltd. under Recovery Certificate No. 3772 of 2021
- Market participants must ensure compliance with SCORES authentication requirements to avoid similar enforcement actions
Important Dates
- January 30, 2026: Release Order issued
Impact Assessment
This release order has minimal market-wide impact as it pertains specifically to Rainbow Housing Development & Finance Co. Ltd. and the conclusion of recovery proceedings. The order serves as a reminder to market participants about the importance of maintaining compliance with SEBI’s SCORES authentication requirements.
Impact Justification
This is a release order indicating completion or partial satisfaction of a recovery certificate against Rainbow Housing Development & Finance Co. Ltd. for non-compliance with SCORES authentication requirements. The impact is limited to the specific entity involved.