Description

SEBI remittance advice regarding recovery proceedings against Sanjay Kumar Sharma (PAN: BALPS1713C) in the matter of Dhanleela Investments and Trading Company Ltd.

Summary

SEBI has issued a remittance advice regarding recovery proceedings against Sanjay Kumar Sharma (PAN: BALPS1713C) under Recovery Certificate No. 8698 of 2025. This relates to the matter of Dhanleela Investments and Trading Company Ltd.

Key Points

  • Defaulter: Sanjay Kumar Sharma
  • PAN: BALPS1713C
  • Recovery Certificate No.: 8698 of 2025
  • Related Matter: Dhanleela Investments and Trading Company Ltd
  • Type: Remittance Advice

Regulatory Changes

No regulatory changes. This is an enforcement action under existing recovery framework.

Compliance Requirements

This notice is specific to the defaulter and parties involved in the recovery proceedings. No general compliance requirements for market participants.

Important Dates

  • Remittance Advice Date: February 5, 2026

Impact Assessment

This remittance advice has minimal market-wide impact. It represents SEBI’s ongoing efforts to recover dues from defaulters through legal recovery mechanisms. The action is specific to Sanjay Kumar Sharma and does not affect broader market operations or compliance requirements for other entities.

Impact Justification

This is a routine recovery enforcement action against a specific defaulter with no broader market impact. It is part of SEBI's standard debt recovery mechanism.