Description
SEBI issues a release order for Recovery Certificate No. 4120 of 2021 drawn against Ankit Jagadishbhai Pithava (PAN: BXVPP0489B) in the matter of Vani Commercials Ltd.
Summary
SEBI has issued a Release Order for Recovery Certificate No. 4120 of 2021, which was drawn against Ankit Jagadishbhai Pithava (PAN: BXVPP0489B) in connection with matters related to Vani Commercials Ltd. A release order typically indicates that the outstanding dues have been recovered or compliance has been achieved, resulting in the closure of recovery proceedings.
Key Points
- Recovery Certificate No. 4120 of 2021 has been released
- The certificate was issued against Ankit Jagadishbhai Pithava (PAN: BXVPP0489B)
- Related to the matter of Vani Commercials Ltd.
- Release order signifies completion of recovery proceedings
- Order issued on January 30, 2026
Regulatory Changes
No regulatory changes are introduced by this order. This is a routine enforcement compliance order related to specific recovery proceedings.
Compliance Requirements
No new compliance requirements are imposed. This order concludes existing recovery proceedings against the named individual, indicating that compliance obligations have been fulfilled.
Important Dates
- Order Date: January 30, 2026
- Recovery Certificate No.: 4120 of 2021
Impact Assessment
Market Impact: Minimal. This is a specific enforcement action against an individual related to recovery proceedings.
Operational Impact: Limited to the parties directly involved in the recovery proceedings. The release order indicates that the recovery matter has been resolved, either through payment of dues or other compliance measures.
Investor Impact: No direct impact on general investors. This order pertains to enforcement proceedings against a specific individual in connection with Vani Commercials Ltd.
Impact Justification
This is a release order for a specific recovery certificate against an individual (Ankit Jagadishbhai Pithava), indicating compliance has been achieved. Such orders are routine enforcement actions with limited market-wide impact, affecting only the specific parties involved in the recovery proceedings related to Vani Commercials Ltd.