Description

SEBI issues cancellation order for Recovery Certificate No. 8492 of 2025 against Insight Research Proprietor Anil Gurjar in proceedings related to unregistered investment adviser activities.

Summary

SEBI has issued a cancellation order for Recovery Certificate No. 8492 of 2025 that was issued against Insight Research Proprietor - Anil Gurjar. This order relates to enforcement proceedings concerning unregistered investment adviser activities. The cancellation indicates closure or resolution of the recovery proceedings against the entity.

Key Points

  • Recovery Certificate No. 8492 of 2025 has been cancelled
  • Order pertains to Insight Research Proprietor - Anil Gurjar
  • Related to matter of unregistered investment adviser activities
  • Represents compliance action and resolution of recovery proceedings

Regulatory Changes

No new regulatory framework changes. This is an entity-specific compliance order.

Compliance Requirements

This cancellation order resolves the specific recovery proceedings. No ongoing compliance requirements for market participants beyond existing investment adviser registration norms.

Important Dates

  • Order Date: February 3, 2026
  • Recovery Certificate No.: 8492 of 2025

Impact Assessment

This order has minimal market impact as it is entity-specific and relates to the cancellation of a recovery certificate. The cancellation suggests resolution of the recovery proceedings against Insight Research and its proprietor Anil Gurjar. Market participants should continue to ensure compliance with SEBI’s investment adviser registration requirements to avoid similar enforcement actions.

Impact Justification

Entity-specific recovery certificate cancellation order with limited market-wide impact; affects only the named proprietor and entity in enforcement proceedings